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.

Is China’s Drop Over?

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One of the better sectors in the past couple of weeks for me in this horrid market has been China. I stupidly dumped my FXI puts a couple of weeks ago, only to see them ascend nearly 80% in value, but I at least held on to BIDU, BABA, and JD puts. My initial target price on FXI was 29.54, and both yesterday and today we came within 30 cents of that level. I’m getting nervous about the three individual equity puts I’ve got, but that’s badly exacerbated by the clown-raping that’s been happening across the board. Suffice it to say I’ve got an itchy trigger finger on these three Chinese position, in spite of them having literally months left until they expire.