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.
Long-time Sloper The Director has many roles here, but one of his most obscure is to let me know when someone important has died. He did so today, when he texted me that David Lynch, my favorite director (besides The Director!), had just died.
Yesterday Tim offered a potential trade opportunity in Axon Enterprise (AXON). Here is the post for reference: Axon Trade Today, I want to share an alternative way to trade AXON—one that a professional options trader might consider when leveraging Tim’s expert technical analysis
A bear call spread, also known as a short call vertical spread, is one of my go-to strategies in options trading, primarily because of its defined risk and flexibility. As the name suggests, it’s a bearish strategy, but it doesn’t require the underlying stock to move lower to be profitable. Unlike buying or selling stocks, where outcomes are binary—up or down—a bear call spread can generate returns if the stock price stays flat, moves slightly higher, or declines. This versatility makes it a valuable tool for traders who want to align their positions with probabilities rather than predictions.
(more…)Quite the fake-out on Planet Fitness’ part (PLTN). After failing its right triangle, it re-entered it and, voom, blasted right out to lifetime highs.
I just bought June $230 puts in Carvana (CVNA), whose recent price activity is featured below, augmented by the oh-so-innocent grin of its convicted felon founder (who had to have his son be on the paperwork, what with the prison sentence and all). The company has been, for the moment, insanely successful, and it is sporting a price/earnings ratio measured, quite literally, in the quadruple digits.
