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.

Minority Report

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On Friday morning I was looking at an interesting bull setup across the Crypto instruments that I look at every day. You can see that here if you’re interested in my Crypto channel on YouYube.

On Bitcoin (BTCUSD) a small but bullish leaning falling wedge was starting to break up, and I was saying that I was expecting that to deliver a retest of the all time high in due course. That has delivered now.

BTCUSD 15min chart:

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The Importance of IV

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Here’s an interesting options anecdote. Last week, I decided to “buy” a $300 March put on MSTR. I use quotes because I am not insane enough to actually buy it. I was just curious what the price would do.

I sort of forgot about it until just now, but since the stock has gone up literally three figures since last week, I figure the put would be down 95% or something. In fact, it was down just a FEW percent, even though it is massively out of the money now. The reason? A soaring IV, as our cool new options charts shows.