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The Pit Report
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX October future expires on Wednesday morning. Heading into expiration, I can see some interesting expiration plays that could be nicely profitable. As we head into October expiration, this month is shaping up to be potentially a new settlement low for the VIX. Here…
Hey Influence Traders, I hope that everyone had a good weekend. The ink is still wet on the COVID relief bill and DC is already talking about more #PowerMoves. Fun Stat of the Week As of this writing, Bitcoin (Ticker: BTC) was at $56,300 per coin. At that level, BTC is now more expensive than 1,000 grams — an entire…
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The Option Pit Method
The Option Pit Method specializes in efficient use of capital, position structure, and risk management to help our clients make profitable trades. Our mentoring program recreates the learning environment professional floor traders used to learn how to trade and make markets in stock and index options.
Option Pit has taken a very complex business, options trading, and broken it down in a way that simplifies my chances for success.
The first class was great. I didn't expect it to be SO Good. I learned something and implemented it right away. To my enjoyment, it added a layer of knowledge to me as a retail trader that I will never forget. Option Pit has been a great experience for me. To say that I am looking forward to the next class is a serious understatement.
Mark I just want to let you know how grateful I am for stumbling on to you guys. Totally turned my trading life around. Plus you are nice guys there at OP. Very entertaining to boot. Thanks. See you in June.