Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Ignore the Noise…Focus

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“What do you think about the latest government fiasco?”

That’s a question I often receive. My typical response, I don’t care. Okay, that may be a bit harsh, but it is true. For the most part I really don’t care about the daily news that flows in and out of the market. I am an options trader. I trade strategies based off probabilities. I create statistical advantages based on my current market assumptions. (more…)

The Big Day

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Some weeks ago, when President Obama stated firmly that he would not negotiate with the Republicans over the budget or the debt ceiling, I remarked to somebody that it wasn’t that encouraging for those wishing for a successful resolution of this crisis that the Republicans, particularly the Tea Party, were unlikely to pass a bill without concessions, and the Democrats were refusing to consider any concessions. After all, all that is required for default is a failure to agree anything to avoid it. (more…)