Once again, I am delighted to tell you of an improvement on Slope that will be of interest to options traders: the next iteration of SOAP, the Slope Options Analysis of Payoff.(more…)
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.
Even as the general equity market surges to some of the highest prices in human history (thanks to Powell’s QE4 injection of nearly a trillion dollars annually), the Consumer Staples ETF (symbol XLP) isn’t playing along. I wanted to point out the break in its wedge pattern, which just took place.(more…)
Earnings season is upon us, and a couple of big investment banks reported this morning. JP Morgan, true to form, blew the doors off, and they’re hanging out at new lifetime highs. Goldman Sachs, on the other hand, has gapped down, and it seems to me the trendline it already broke is indicative of the breakdown that is transpiring.(more…)
For those of you who use Tradier as their broker, I have some interesting news. For those who don’t, this is still relevant, but for different reasons.
We have been taking steps to integrate brokerage information into Slope on a steady basis. We are slowly moving from feature to feature, and broker to broker. My ultimate goal is an end-to-end strategy and trading platform right here on Slope.(more…)
I’ve got five different vertical spreads going, but they’re all leaning toward the bearish side. Just to mix things up, I’d like to offer a long idea for a change: the energy sector, as represented by symbol XOP.(more…)
This is absolutely hilarious:
Now that we’re in our post-trade-talk-optimism world, I’ve stoked my willingness to short-sell certain equities. I am providing 28 in two posts. One for all everyone, and the other half for Gold and Diamond members. I’ve also put in the caption the stop-loss price I am using for my own positions. As always, click on any chart for a huge version.(more…)