Yo, Pit Crazies,
I did not have my partner in crime, Bill Griffo, last night in Capitol Gains because he was getting ready for his big event tonight at 7 p.m. ET. Don’t miss what he does with pot gamma magic.
Speaking of gamma magic, this is the Edge Hunter Moving Sheet I use for Cap Gains:
Note all the green on the right side. This sheet is telling me something …
Find out what it is!
The Green Bars on the Right Are Sigmas Versus 10 realized Vol
I keep an active watch list for Cap Gains since Frank and Bill keep throwing stock ideas my way.
Right now all the implied vols are very cheap relative to how stocks are moving.
That is especially true in Tech.
My sheet blinks green when options get relatively cheap.
I know Bill will highlight using very active gamma today and that is a trick we all use at Option Pit.
I think options are very cheap right now in name stocks.
Check Griff out tonight to learn how to use gamma in your favor.
I like owning strangles in tech stocks moving into the Christmas Holiday season.
To Your Trading Success,
AG