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Most traders lose because they’re learning from people who’ve never traded for a living. They chase setups they saw on Twitter. They YOLO into earnings. They treat options like lottery tickets. Then they wonder why their account keeps bleeding. Option Pit exists because Mark Sebastian and his team got tired of watching retail traders get destroyed by bad advice. Mark a decade on the floor making markets AMEX and Chicago Board Options Exchange (CBOE). He’s traded through crashes, melt-ups, and everything between. So has the rest of the team. These aren’t people who “teach trading.” They’re people who MADE their living trading… and now they’re showing you how. Every morning at 10am ET, we go live and break down the market. Real setups. Real risk management. Real strategies we’re using with our own money. We built something called the CRT method: Consistently Profitable, Repeatable, Teachable. We don’t release a strategy until we’ve stress-tested it across different market conditions. Thousands of traders show up every day because they’re tired of blowing up accounts following people who’ve never risked their own money. You can start with our free State of the Market show. Sign up to the right.

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Stop Losing on Straight Options

While retail gets crushed buying Nvidia calls that expire worthless… Trade zone members got alerts for +239% UPS, +178% AMZN, +114% LMT, +107% IWM, and more- all from low-cost, defined-risk strategies in 2025.
Same mega-trends. Dramatically better risk-reward.

Trending Stories

Mark Sebastian

Insider's Edge

Mark Sebastian

Insider's Edge

The Market Makes Its Money While You’re Asleep

The stock market has made almost all its money overnight since 1993. Here’s why the pattern persists, and why options are the only way to

By Mark Sebastian

Licia Leslie

0DTE Daily

Licia Leslie

0DTE Daily

Green light holds, watch 7828 resistance

✓ Today's Signal GREEN LIGHT I am continuing with the green light but we do have resistance just above here. Signal by Licia Leslie GREEN

By Licia Leslie

Mark Sebastian

Insider's Edge

Mark Sebastian

Insider's Edge

$270 Billion Is Supposed to Move Tonight

SpaceX reports for the first time tonight with a 17% implied move on a $1.5 trillion company. Mark Sebastian goes live at 4:15 PM ET

By Mark Sebastian

Andrew Giovinazzi

Pit Report

Andrew Giovinazzi

Pit Report

Two Stocks Sitting At 52-Week Lows

Yo Pit Crazies, The Dow closed above 54,000 for the first time ever and the S&P 500 printed a fresh record. So why am I

By Andrew Giovinazzi

Charlie Delvalle

State of the Market

Charlie Delvalle

State of the Market

Tokyo Needed Help. Washington Answered.

Somebody blinked Friday, and it wasn't Tokyo. The U.S. Treasury and Japan's Ministry of Finance ran a coordinated yen-buying operation, the first joint action between

By Charlie Delvalle

Licia Leslie

0DTE Daily

Licia Leslie

0DTE Daily

ATH levels hit – MACD zero cross bullish

✓ Today's Signal GREEN LIGHT We are trading at new all time highs! The chart is looking very bullish. Signal by Licia Leslie GREEN TODAY:

By Licia Leslie

Andrew Giovinazzi

Insider's Edge

Andrew Giovinazzi

Insider's Edge

I Own Tesla And I Think It Goes Lower

SpaceX reports tomorrow with an $18.30 straddle. That’s not a forecast, that’s a shrug.

By Andrew Giovinazzi

Licia Leslie

0DTE Daily

Licia Leslie

0DTE Daily

Bullish engulfing confirms – watch QQQs for reversal

✓ Today's Signal GREEN LIGHT We have a nice pop this morning following our bullish engulfing candle on Thursday with confirmation on Friday. Signal by

By Licia Leslie

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Meet the Team

Over 150 years of combined experience from the trading floors of Chicago to the world’s leading hedge funds.

Mark Sebastian, CEO Option Pit

Mark Sebastian

Volatility Expert

Mark Sebastian, the Founder of Option Pit, is a former member of both the Chicago Board Options Exchange and the American Stock Exchange. He is also the Chief Investment Officer at the hedge fund Karman Line Capital. Mark has authored the popular trading manual “The Option Traders Hedge Fund” and the book “Trading Options for Edge.” He is a frequent guest on CNBC, Fox Business News, Bloomberg, and First Business News. Sebastian has been published nationally on Yahoo Finance, quoted in the Wall Street Journal, Reuters, and Bloomberg. Mark is Jim Cramer’s VIX Expert for TheStreet.com’s Real Money Pro and Mad Money on CNBC. Mark has spoken for The Options Industry Council, the CBOE, the ISE, The CME, and is a co-host on the popular Option Block Podcast and Volatility Views Podcast. He has a Bachelor’s in Science from Villanova University.

Licia Leslie, Queen of the Candles

Licia Leslie

Executive Chart Analyst

Licia Leslie is a former member of the Chicago Board Options Exchange where she successfully operated her own trading group. She was a market maker in a highly competitive trading pit trading options in over twenty stocks, simultaneously. As a member, Licia chaired the Stock Allocations Committee and served on the Market Performance and Equity Floor Procedure Committees. While raising her family, Licia ran her Interior Design business and then traded Commodities Futures. Returning to her roots of Stock Options, Licia joined Option Pit June 2016. She has a Bachelor of Business Administration Finance from Loyola University and an Associate of Applied Science Interior Design from Harrington College of Design.

Andrew Giovinazzi, COO Option Pit

Andrew Giovinazzi

Director of Education

Andrew Giovinazzi started and ran the Designated Primary Market Marker post for Group One on the floor of the CBOE in 1991. It became one of the highest grossing posts for the company in 1992 and 1993. Additionally, Giovinazzi had been actively trading and was an instrumental piece creating an option training program for Group One, ltd that allowed the company to significantly grow headcount. Following his career there, he co-founded Henry Capital Management in 2001 and continued as a PCX member until 2006. Andrew joined OptionPit.com, an options education and mentoring service, in 2011 and became COO in 2014. He is also currently the risk manager for the hedge fund Karman Line Capital, LLC.

Frank Gregory, DC insider and Option Pit Macro Expert

Frank Gregory

DC to Wall Street Insider

Frank Gregory is a former Hill lawyer and defense industry consultant with over a decade of experience navigating Washington’s corridors of power. His network spans Pentagon officials, military contractors, and intelligence community contacts. Frank translates policy decisions into trading opportunities before they hit the headlines, delivering members gains like 122% in two days on rare earth plays tied to government funding announcements.

 

Hans Albrecht

Income Expert

Hans is a veteran options, volatility, and equity fund manager with three decades of professional trading experience. He has worked as a professional options market maker and a portfolio manager, with one of his funds earning a Lipper Award. Hans has directly managed $1 billion in assets and generated over $750 million in options cash flow for investors.

Olivia Voz, Option Pit, Trade to Close

Olivia Voz

Financial journalist

A distinguished financial journalist and television host, Olivia Voz made her mark with successful volume trading strategies. After graduating Roanoke College with a degree in International Relations, her professional journey kicked off as a trading assistant at a Wall Street private placement firm. Her prowess in client relations and finance made a seamless transition to becoming a reporter at the NYSE. There, she interviewed best selling authors, and high performing traders and economists, such as Peter Tuchman and Jim Rickards, who gave her the nickname ‘The Voz’. Olivia has been the face of Modern Wall Street and Money Morning, has appeared on numerous networks including Yahoo Finance, Bloomberg and Sirius XM Business Radio. She’s known for using the volume profile as the center of her bold claims, market predictions and trades.

Hannah Selner

Option Pit Research

Hannah Selner is the Director of Product Development at Option Pit and the creator of the proprietary CRT (Consistently Profitable, Repeatable, Teachable) framework that serves as the company’s uncompromising quality-control standard. As the architect of the three-stage CRT Protocol, Hannah ensures that every trading strategy Option Pit offers is rigorously beta-tested with real money, stress-tested across all market regimes, and refined until it can be clearly taught to members. Acting as the vital bridge between Option Pit’s traders and its educational mission, she translates complex ideas into actionable, transparent instruction while maintaining the firm’s “no hope-and-dream gains” promise. If a strategy doesn’t survive Hannah’s CRT gauntlet, it never sees the light of day—making her the guardian of Option Pit’s reputation for honesty and consistent results.

Tim Colby

Income Strategy Specialist

Tim Colby is a macro trader and strategist with 15 years of derivatives experience spanning the AMEX and CBOE trading floors through managing a discretionary macro portfolio. He built strategies that scaled past $200M in AUM, delivered 75% profitable months with no losing years, and earned a Pinnacle Award nomination for best three-year discretionary return. He trades his own capital and publishes research through Option Pit.

Garrett Baldwin

Global Macro Strategist, Head of Macro Strategy, Head of Macro Trading

Garrett Baldwin is the author behind Me and the Money Printer on Substack – one of the top Macro and Momentum-based publications on the platform. He currently hosts “I’d Trade That with Garrett Baldwin” and built the momentum screener that avoided every major drawdown since COVID, and just flashed Green on April 7 (at the start of the melt-up).You’ll find his commentary shifting from the bond market to Russian oil, fertilizer movement in the Persian Gulf, to leveraged ETFs and semiconductor flows; he covers it all.

Bill Griffo

Bond and Securities Expert

Bill Griffo had the unique experience of trading in the wild Treasury Bond Pit in Chicago during the insane inflation of the 70s, as well as traded for the “Wall Street Banks” for over 25 years. He offers a perspective grounded in years of experience trading with the Fed and has an extensive understanding of how Treasury and the Fed operate.

LEARN & GROW

Educational Videos

Learn from the pros with our comprehensive video library covering everything from basics to advanced strategies.

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OPM Advanced Concepts: 08.07.2024

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OPM Need-to-Knows: 08.01.2024

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OPM Essential Trading: 07.29.2024

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OPM Essential Trading: QQQ + Big Tech 07.08.2024

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OPM Advanced Concepts: Debate Trade 06.26.2024

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OPM Essential Trading: CBOE, CSCO 06.24.2024

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OPM Essential Trading: Post-OPEX SPX 06.17.2024

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OPM Need-to-Knows: CBOE, MMM, T, WBA 06.13.2024

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OPM Essential Trading: CSCO, CVS 06.10.2024

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Pro Small Group: Backspreads 06.06.2024

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OS Shopping Spree: COST, CVS, AA, SBUX, AAPL 06.04.2024

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OPM Need-to-Knows: MMM 05.30.2024

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