Long Eastman Chemical (EMN)
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.
Egregious Consistency
I never seem to learn – – the moment this fellow says something, RUN the opposite direction. I stupidly held on to some energy shorts, with predictable results. On the brighter side, I got stopped out of DRIP yesterday morning (at a loss) and piled completely into QID, which is doing well.
Nasdaq Support Breaks
I’m leading with the NDX and NQ charts this morning as they are driving the equities bus here. I posted my morning video for Daily Video Subscribers at theartofchart.net on twitter before the open and if you missed that you can see that here.
NDX broke back over the daily middle band on Friday and that break needed to be confirmed with another close over that on the next trading day, and NDX failed to deliver that yesterday, which was a bearish development. NDX daily chart:
The Jeff Bezos Empire
Building Blocks, Part IV (by The Director)
While I’m with people playing top golf I wanted to write an article on delta.
To recap an option is out of the money when the strike price it diverges the current price. For example for call options if the strike price is below the current price that option is in the money. It will have both extrinsic value and intrinsic value. Remember when we mentioned intrinsic value that means that if the option is exercised at this moment the amount of value between the strike price of a current price represents the intrinsic value. Because options expire in the future they also have an extrinsic value which is governed by four primary factors.
The four Greeks that truly matter are delta, theta, gamma, and vega. The first three are derived from Greek letters by the last one is a common name that has been derived by options traders. These are known as the “greeks”.
