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.

Hey, Scooter! Gee Whiz!

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I didn’t grow up in a household with soft drinks, but in those instances during my childhood in which I needed to refer to one, I believe I used the actual name (like Mr. Pibb or Pepsi or what have you). This map suggests my Louisiana brethren simply say “Coke“, which seems a bit general, but even odder is the fact that a big chunk of the country still uses a term I never had heard in my life for it, which is “Pop“.

Is this 1940? Are we going to play jacks, swing by the soda shop, and then head over to an ether frolic? Gosh!

Grandad Revisited

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A few days ago, I did a post called Old Grandad which related the tale of a young man who took his entire $1.2 million inheritance, shoved it into the “sure thing” of March 21 $40 calls on DJT, and promptly lost $500,000.

In the bizarre video he did, which was sort of a financial sadomasochism kink-fest, he was crying that the options had crumbled in value to about $5.05. People BEGGED him to take his losses and be done with it, but he steadfastly refused.

Well, I just looked, and that $5.05 would look awfully good right now. The current bid on the option is $1.45, less than a third of its value during the freak-out video. In other words, his $500,000 loss has blossomed to over $1,000,000. Notice how much bigger the open interest is than the other strikes? Yeah, that’s him.

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