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.
Options Trading
How We Turn Volatility into Opportunity
As a lifelong member of the Sloper community, I’d like to begin with a heartfelt thank you to Tim and to all of you for creating a space where ideas flourish and market challenges are faced head-on. Being part of this group has been a privilege, and I continue to learn from the wisdom and camaraderie shared here. This shared wisdom has reinforced an important truth: volatility, while daunting to some, is often where the greatest opportunities lie for those willing to embrace it. It’s remarkable how many traders—some of them seasoned professionals—hesitate when faced with volatile markets. But the truth is, these conditions often present the greatest opportunities.
(more…)AXON Bear Call Spread Breakdown
Risk, Reward, and Position Sizing
Yesterday Tim offered a potential trade opportunity in Axon Enterprise (AXON). Here is the post for reference: Axon Trade Today, I want to share an alternative way to trade AXON—one that a professional options trader might consider when leveraging Tim’s expert technical analysis
A bear call spread, also known as a short call vertical spread, is one of my go-to strategies in options trading, primarily because of its defined risk and flexibility. As the name suggests, it’s a bearish strategy, but it doesn’t require the underlying stock to move lower to be profitable. Unlike buying or selling stocks, where outcomes are binary—up or down—a bear call spread can generate returns if the stock price stays flat, moves slightly higher, or declines. This versatility makes it a valuable tool for traders who want to align their positions with probabilities rather than predictions.
(more…)Clean Novo Gap Seal
Here’s a rare success story in which I’m not furious with myself for selling too soon. The stock was Novo Nordisk (NVO), and I bought puts and made a triple-digit profit on the puts. The reason I’m bringing this up is because the hard fall of NVO almost perfect sealed its price gap (dashed green line) which is providing support.
