Here are the least drunk (green) to most drunk (purple) counties in the U.S. of A.
Boozers and Cruisers
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.
Locking in Profits
Locking in Profits: How to Turn a Long Put into a Bear Put Spread
If you bought a put option before the market took a dive, you’re probably sitting on a solid profit. Your bearish bet has paid off, and your option is worth much more than when you bought it. But now you face a common dilemma: Do you cash out, or do you try to make even more money?
The tricky part is that volatility—the thing that helped boost your put’s value—doesn’t stay high forever. Once the market settles, implied volatility (IV) could drop, which means your put option might lose value even if the stock price stays the same.
For traders who want to protect profits while keeping some downside exposure, a simple adjustment can help: turning a long put into a bear put spread.
(more…)Another Spot-On Prediction
OJ’s Fall from Grace
Last September, everyone was running around screaming about how expensive oranges (and orange juice) had become. Well, folks, as with most assets, these kinds of run-ups are usually followed by even faster run-downs.
Shifty Fifty
I realize that probably none of you trade this thing (/IND50) but the SIMEX Nifty 50 Futures sure looks doomed and doomed can be (I mentioned it when it was first breaking down).
