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.

Bear Call Spread Opportunity in SPY

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The CBOE Volatility Index (VIX), otherwise known as the investors’ fear gauge, is still hovering around 30, a number that offers some intriguing opportunities to sell premium using a variety of different options strategies.

Credit spreads are great strategies for this market environment, particularly for those who prefer risk-defined options strategies. Over the past month I’ve posted three trades using simple credit spreads, bear call spreads to be exact, that have fortunately led to some decent profits.

As I’ve discussed on a few occasions, with a bear call spread I have a decent margin of error just in case the stock, or ETF in today’s example, pushes higher. If it pushes lower, particularly if it is immediate, I should be able to lock in a quick gain.

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