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.

A Perfect Pair

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Well, I’ve done a lot worse than this before. There’s no doubt about that.

I came into the day with the entirety of my IRA account in one and only one thing: short-dated GDX calls. This is very unlike me. I usually spread my risks, and I usually am so nervous about what’s going to happen that I only buy options with MONTHS left to go. And yet here I was, with 100% of my account in call options had seven trading days of life left. I did a premium post about this to our Gold and Platinum members yesterday, and I did a follow-up post today after I went screeching out of the position with a fat overnight profit. Maybe I closed too early, but I don’t care.

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