Here are the three Chinese stocks on which I own January puts. Die, fellas!
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.
Bon Ami
On Monday evening, after a grueling 6 a.m. to 6 p.m. in front of a computer, barely moving from the spot since I was contemporaneously dealing with my normal life (writing posts and trading) and my very abnormal life (screaming blue murder at my hosting platform for all the technical troubles we were having), I treated myself to cleaning a large pot in the kitchen sink that my wife had used earlier in the day to cook our dogs a big helping of chopped-up steak.
See, I like cleaning. We’re talking Felix-Unger-levels of enjoyment. So, I set about the task, scrubbing, rinsing, scrubbing, rinsing, and then with just a little water still in the pot, I swirled in enough white scouring powder to really do the job right.
(more…)Golden Week Shower
Although I had to grit my teeth on Monday to hang on to my Chinese stock puts (PDD, JD and YUMC in particular), it looks like the tide may be turning. On this Monday evening (PST) as I am typing this, Hang Seng futures are down sharply, as Chinese traders return from their government-mandated week-long holiday.
What So Proudly We Hail
China Starts to Stumble
First things first. Let’s try to put this into perspective by way of the Chinese ETF symbol FXI.
