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.

Cost Day Afternoon

By -

I’d like to tell you about a trading error as it’s happening in real time.

A couple of days ago, I bought MDB puts. They came out with earnings, and the stock soared. I dumped the puts the next day at a 50% loss.

I therefore have earnings-terror-on-the-brain. I thus sold my COST puts at about a 100% profit, even though I think the pattern is still dynamite. Thus, I am out of position, guaranteeing the stock collapses after the close today when earnings are announced.

Just sayin’.