I’ve got a whole big ol’ pile of January NKE $90 puts, and now that earnings are out, things are looking pretty good for Wednesday morning.
Just Screw It ™
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.
Go, Team!
Unlucky Thirteen
I’m delighted that Q4 has started off by completely poisoning the bulls over-stimulated waters. The insane mega-rally in the final 90 minutes of yesterday has been utterly destroyed, and the nimrods who bought into it are surely wondering what happened, since their nanny and wetnurse, the federal government, isn’t supposed to let this happen to them. The poor dears.
Here are my thirteen bearish positions, all of them profitable, even though the market was at LIFETIME HIGHS JUST YESTERDAY. None of these put options expire before January 17th. I’m maintaining ALL positions.
GM Performs
No, not their cars, of course. Their puts. My March 2025 puts that I bought last week are up 40%, and this is with a stock that has a P/E of 4. That’s right. 4. So something is seriously wrong.
Pin Duo Duo
Now that China’s insane rally is nearing its apex, I went hunting for at least one intriguing individual Chinese stock to short. May I present to you PDD, which is a beautiful gap-close.
