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.

Sticking with META Puts

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The only really bright spot for me on Thursday was my bearish META position, by way of September $700 puts. It would be simple to take the fat profits and be done with it, but looking at Meta’s history, it seems to me that big price gaps don’t typically mark a “one and done” situation but instead kick off a long slide of lower prices. Keep in mind, these options have 141 days of life in them. Why dump them now?

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