With the big “Stargate” announcement yesterday, this seems germane:
The Dataverse
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.
Prisoner of Love
There are some stocks whose ascent is based largely on the Trump victory, such as AXON, PLTR, CXW and, as shown below, the Geo Group, which owns private prisons. I bought puts on it yesterday (June $40).
Does Equity Breadth Reverse?
Below is $SPX200MA which is the symbol representing the percentage of stocks above their 200-day moving average. Although this is a derived number, it appears quite adept at forming its own patterns. I’m curious to see if the recent bounce to that mass of green represents a point of resistance for the market as whole.
Earnings Season Special for Options Traders
Earnings announcements inject a unique kind of volatility into the market. As anticipation builds, implied volatility (IV) rises, pushing options prices higher. This happens whether investors are speculating on big moves or hedging against potential surprises. Regardless of the reason, the effect is the same: a temporary inflation of option premiums.
This volatility presents an opportunity for strategic traders. My approach during earnings season is straightforward: I identify high-probability setups where I can sell inflated options premiums for optimal returns. By focusing on statistical probabilities rather than predictions, I eliminate guesswork and rely on the law of large numbers to deliver consistent outcomes. Managing sequence risk—the risk of a series of trades failing—is equally crucial for long-term success.
(more…)Hogwarts
Just wanted to share a few pictures my daughter sent me from Duke last night. It actually snows there rather rarely, but this is their second snowstorm of the month. By the way, these are the dorms. What a lovely place to be young!
