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October 19, 2021

Yesterday’s Trades Are Up +200% and +100%

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Yesterday I told you about two trades that you could look at into tomorrow’s VIX expiration. These options did not go unnoticed … Heading into expiration, VIX October options are extremely active. Here is what is going on … If…

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October 19, 2021

Gun Vol Hits A Low

Yo Pit Crazies, Today we made another new low for VXX for the year yesterday What a difference a year makes. Last year all kinds of crazy predictions were circulating around:   Donald would create a coup if he did not win (sort of did!) Oil was finished (it is not) No one wanted the Trump…

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October 19, 2021

Thank Goodness for ESG … NOT

Hey There Income Hunters, Am I the only one tired of hearing about net zero, green energy or ESG? Let’s be honest, do any of the officials joining in on the chorus of climate change really care? Now we have the Fed and the Treasury talking about looking at the possible damage to banks. This…

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October 19, 2021

Manchin Tax

Hey Influence Traders, As President Kennedy once noted, “When written in Chinese, the word ‘crisis’ is composed of two characters. One represents danger and the other represents opportunity.” With the world suffering from supply chain shortages and feckless leadership coming from DC, many see such crises as danger. But I see profit opportunity. That is…

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