Early in December 2021, I suggested Wayfair as a short. It was above $220, and I described it as “at the cusp of breaking below a fantastically well-formed topping pattern.”
When Reams Come True
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.
Awesome Sauce
The “Tim is Traveling” mystical power is working incredibly well. I specifically mentioned it on my tastytrade show yesterday. I wonder how many people believed me. Here are some of my live positions that are being extra-saucy today.
Matchless
I presently have 25 bearish positions. The champion of them all right now, with a 100% return so far on the put options, is Match (symbol MTCH). It had a magnificent topping pattern (as noted multiple times in recent months) and has followed through beautifully.
Charter Victory
I had forgotten about this, but nearly half a year ago, I did a premium post in which I suggested shorting Charter Communications (symbol CHTR) which was about $700. Here was the chart at the time of the suggestion:
My Most Winning Losers
Among my twenty-eight bearish positions, here are the top seven winners (all of them very simple “long put” positions); the present percentage gains range from 35% up to 85%. These are sorted from lowest gain to the best gain. I have zoomed in on what I consider the most appropriate portion.
