BY MARK SEBASTIAN
March 26, 2025
Hey Traders,
SPX has another constructive day.
After a huge Monday, it would have been easy for the market to turn right around … and it tried.
But given the time and the tight range, eventually the buyers were drawn in and the S&P 500 closed up 9 on the day.
The range was tight so we should see a nice drop in ATR on Wednesday.
And for the second day in a row, VIX was down and the curve stayed in Contango:
Everything I am seeing says bullish into PCE – although I might look to close tomorrow night.
With the VIX still elevated, as good as these long calls are going to be … there’s also a great chance to start making some income using options. Join Hans and Hannah to learn how – click here.
I’m still looking for a super overnight, hoping we open a little bit down on the open after Friday’s explosion. But if we are up, we buy.
Let’s Recap Yesterday’s Trade
Another loser. I know – it’s killing me, too.
We were right there and just could not get to the finish line.
…Today’s Outlook
That said … I like the positioning of the super overnight. I think there is a strong chance we have a junior version of Monday’s action either today or Thursday.
I like the market up for the rest of the week. I am looking for at least 100% on the super overnight.
Licia and I are working on a new targeting system. If you’re a member, you’ll learn more about it on Thursday … buckle up.
Call Ted if you aren’t currently a member – 888 872 3301.
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
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