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.
Months ago, for reasons unclear to me, we bought a 10-pack of “hamburgers” from Beyond Meat, and they’ve been languishing in the freezer ever since. I decided this morning to cook ’em up for my dogs, since we were never going to eat them, and doing so would guarantee my dogs would review today as a 5-star event.
I regretted not holding on to my NFLX puts. I feel I’ve been given a second chance, so I’m back into it with October puts and a stronger commitment to not be a limp-wristed, fey, antique-shopping wimp.
Let’s stop all this hand-wringing and short some fresh stocks, shall we?
My next victim: UBER! They just announced earnings, which have been warmly received. More importantly, besides having earnings risk (and premium) shoved aside, we’re back at an attractive short point. I just gobbled up a bunch of December $65 puts.
You’re going to hit me across the face with a semi-defrosted slab of salmon, but I bought AMD puts now. I’m tempted to also buy NVDA puts, but I’ll refrain. These charts are even more damaged than they were at Friday’s close. I say again, regarding all my positions, I have closed NOTHING.
Ya know, I thought I’d be falling all over myself closing positions left, right, and sideways this morning. Want to know what I’ve closed? ZILCH. It isn’t out of stubbornness. AS I mentioned in comments, the bid/ask spreads are ABSURD, so I refuse to participate, and second, the charts are still damned good! So I’m staying put, so to speak.
May I suggest you consider joining me in one of the few stocks that still looks like it’s a GREAT entry price for a short? AON!
