This is hilarious, and for those of you who are Benny Hill fans, it will be doubly so. And it’s dead quiet/boring on the market, so………..
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.
Short High Yield Bonds
As we collectively try to fight the boredom of the end of the trading year, I offer you a simple and straightforward idea: shorting HYG with a stop at 81.25, just above its price gap.
Reverse Iron Condor (by the Director)
For this post I’m going to talk a little bit about a different strategy that goes long in a nondirectional path based on the volatility level of the instrument in question.
For options trading, the price of the options depends on again a) the delta or the change in the underlying, b) theta or the inherent time decay of the option, and c) the supply and demand on the option contract itself which is estimated by the volatility of the underlying.
(more…)Classical Gas
I rarely use Fibonacci Arcs, but on occasion they do some cool things; earlier this quarter, I pointed out the failure on the arc pattern (green tint); pretty interesting to see what took place since then!
Exxxxxcellent
I am absolutely THRILLED about how today went. Let me recount my day for you, to set the stage:
- As you know, a few days ago, I slipped off my well-worn bear suit and went bullish;
- Therefore, I had gone long GUSH (triple-bullish on energy companies), FAS (triple-bullish on financials) and very, very short on bonds (by way of a TLT short and long TLT puts).
- Today’s opening absolutely sucked for me. My short bond position created a 0.5% loss in my overall portfolio. I dumped it at a loss.
- I vacillated quite a lot about shorting today. I covered my 4 shorts. Then I entered a few more. Then I finally just threw my hands up and covered everything and re-shorted a huge TLT position.
- I also did some day trading in SPY (profitably).
