I wanted to show how a couple of SlopeCharts features can be used together to helpful effect: first, the Price Cone, and second, Option Dots. I’ve used them in the chart below with high-flying stock Tesla. The price cone illustrates the options market’s assessment as to likely price movement in the next 30 days (an enormous range, for obvious reasons) whereas the option dots show the various put and call options available at different price points.(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.
For a number of months now, SlopeCharts users (who are Diamond members) have had access to the IV Rank study, which provides four different “flavors” of IV Rank, which is very useful for options traders. I wanted to let you know that we have also added something new, “Basic IV”, which is just what it says: the simple, raw volatility chart without any of the calculations that result in the IV Rank data.(more…)
With earnings season beginning this week, I felt it would be a good time to provide a list of links to the many germane features on Slope. It’s easy to forget just how many earnings-relevant tools there are. I wanted to summarize the key ones here.(more…)
We only do this maybe twice a year, but please be reminded that the founder of CMLViz, maker of options-trade-hunting software Trade Machine Pro, is hosting a Slope of Hope webinar on Thursday, January 23, at 3:00 PST (that is, two hours after the market closes). Please click here to sign up for this free webinar (even if you’re not sure you can make it; there’s no corporal punishment for missing).
(Note from Tim: Long-time Sloper Market Sniper contributed this post seven years ago, but it’s just as germane today as it was back then. He suggested I re-publish it, so here it is. I’d also like to remind you options folks that Slope has plenty of options-relevant content, so take a peek here for a quick guide).
I promised a post on just one thing that I use in my trading. This is but one very small piece of the “puzzle” but I find it VERY useful and you may as well.(more…)
After I dumped my GLD calls this morning, I started to wonder who my next victim would be. My eyes landed on the Metals & Mining ETF, symbol XME, whose long-term chart sports a series of lovely reversals.(more…)