Astronauts onboard the SpaceX Dragon capsule approach the International Space Station on May 31st (photo via SpaceX).
(more…)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.
When To Hedge With Puts Versus Collars
Still image from TikTok user @robinhoodkid’s video explaining call options. Short call options are one leg of a collar.
(more…)New Year’s Eve Flex
Easy Come, Easy Go
The preposterous market of 2020 created countless legions of degenerate gamblers out of young people. Below is, I think, the poster child for this kind of nonsense (although, unlike many of his peers, he at least didn’t plunge into personal debt to finance his “trading”). He went from $2,000 to $230,000 and down to $0. His final desperate “investment” was short-dated calls on Palantir (of course) which wound up worthless.
“Elon Musk Should Be Afraid”
Graphic illustrating what Tesla’s (TSLA) weighting would be in the S&P 500: between that of Google parent Alphabet (GOOG), (GOOGL) and Berkshire Hathaway (BRK.B), (BRK.A). Image via Bloomberg Quicktake.
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