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The 1% of traders that succeed have a mentor, software, and a community. Don’t trade alone. Trade with Option Pit. Our pro trading experts have a combined century of trading experience from the Chicago Board Options Exchange to hedge funds and beyond. We provide new, actionable ideas daily in our free Live State of the Market show from 10-1030am ET, paid trading sessions, paid alerts, trainings, and a world class community of like minded traders that will give you a permanent edge on your trading journey. Start taking advantage of everything we offer by joining our free live daily trading show. Signup 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

Insider's Edge

Anthropic Goes Public In Weeks. Pick Your Side Now.

Alphabet made $94.1 billion in a SINGLE DAY this June. Think about that number for a second…  Ford Motor Company has been building cars since

By Mark Sebastian

Andrew Giovinazzi

Market Action

Market Action

The Two Things the Market Loves the Most

Yo Pit Crazies, Stocks rally on two things: big earnings growth and job growth. Job growth means people get paid, they spend, and companies earn

By Andrew Giovinazzi

Mark Sebastian

Trader's Edge

Trader's Edge

He Looked At Me Like I’d Insulted His Mother

Hey Traders, On May 18th, 2012, Bloomberg called me. They wanted me to come to their offices for an interview. That was a little strange,

By Mark Sebastian

Tim Colby

Reboot

Reboot

My Anthropic Hunch Saved Me on May 11th

Hi Traders. Back in February, Anthropic raised $30 billion at a $380 billion valuation. I saw the headline and wanted in. That happened right around

By Tim Colby

Tim Colby

Pit Report

Pit Report

Two Financials: One Coiled, One Broken

Dear Trader, The VIX had a wild ride this week. Monday started with the market still digesting Fed Chair Kevin Warsh's hawkish tone from Friday

By Tim Colby

Mark Sebastian

Trader's Edge

Trader's Edge

Three Phases of a Trillion Dollar IPO

Good morning everybody. Good afternoon to my friends on the East Coast! Are we in the golden age of IPOs? Coming out of COVID, SPACs

By Mark Sebastian

Hans Albrecht

Option Pit Income

Option Pit Income

Secret Agent Men

Hi Traders, Five names moved on one signal Thursday. Coinbase, Robinhood, Circle, the Chainlink ETF and the ether ETF caught a bid in the same

By Hans Albrecht

Mark Sebastian

Pit Report

Pit Report

Japan Just Bought the Market a Few More Days

Dollar-yen just had its two biggest days since July. The yen jumped Wednesday, then jumped again Thursday, touching 155.28 to the dollar, its strongest level

By Mark Sebastian

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OUR EXPERTS

Meet the Team

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

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

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

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 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.

 

Bill Griffo

Bond and Securities Expert

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

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

Tim Colby

Macro 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.

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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