Below are the eight equities underlying my long put positions (all of them expiring no earlier than September and some actually into next year).
Underlying Options
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.
Short Years and Long Days
That look like about a ’77 Ford to you, Wendell?
It could be.
I’d say it is. Not a doubt in my mind.
The old boy shot by the highway?
Yes, sir. His vehicle.
Man killed Lamar’s deputy, took his car, killed that man on the highway, swapped for his car, now here it is and he’s swapped again for God knows what.
That’s very linear, sheriff.
Age’ll flatten a man, Wendell.
Yes, sir.
I suppose I could have realized this much earlier, but it took tastytrade’s YouTube channel for it to hit me. Looking out at the world from these eyes and spending precious little time in front of any mirrors, I have spent my adult life assuming I looked more or less like this.
(more…)Economic Highlights
Having thumbed through some of the charts from Slope’s marvelous economic chart database, I wanted to share a few that jumped out at me. First up is the labor force participation rate, which is slumping like a SAAS stock. This is an alarming trend; I guess our fellow citizens are losing interest in work, eh?
Worked to Death
Beware, SpaceX!
If all goes as planned, in three weeks, SpaceX will be public under the ticker SPCX. I’ll say it every time: bear though I may be, I am cheering for SpaceX, since its success is a direct benefit to the Knight clan. Having said that, I would like to caution you that the most recent hot IPO, semiconductor maker Cerebras, had a crazy-hot offering (triple-digit gain the first day) and has been coughing up blood ever since.
Just sayin’.
