The Biggest Bond Market Impact in Over a Decade – Midweek Update

BY MARK SEBASTIAN 

September 27, 2023

 

Hey there Trader,

 

It’s Mark Sebastian with your Midweek Update… I’ll catch you up on the biggest market swings, the stocks I am trading, and the most important actions you can take to help your trades today.

 

Here’s what’s on my list:

 

Remember my VIX analysis from yesterday? Well, I called it right, and Monday’s slow start led to Tuesday’s bloodbath. The S&P 500 is facing a near-term bearish trend.

 

VIX futures are on the rise, and we’re on the verge of partial backwardation. I cover what that means for the market…

 

The bond market is sending signals, with yields hitting 12-year lows. Discover how this could impact stocks.

 

We’ve had some successful trades, including Apple and Delta. Plus, our bearish Apple play is raking in profits.

 

Check out our new trade in IONQ, and get updates on our SPX, and JPM vs. Morgan Stanley trades.

 

Don’t forget about the Pit Report—it’s a goldmine of perspectives from all the expert traders here. And mark your calendar for our Monday Ticker Highlight Show, where we create a trade together. Sign up here if you aren’t already reading the Pit Report.

 

Interested in bonds, gold, oil, and equities? Tune in tonight as Griff breaks down market dynamics. Save your spot here.

 

For this and all the rest, check out today’s Midweek Update…

Your only option,


Mark Sebastian

Mark Sebastian

Founder & CEO, Option Pit

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CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain

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PFE May17 26 calls closed for a 66% win

OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain

OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain

Mark Sebastian

Mark Sebastian

Mark Sebastian is a former member of both the Chicago Board Options Exchange (CBOE) and the American Stock Exchange (AMEX), where he spent years mastering the art of options trading in the most competitive environment imaginable. As Chief Investment Officer at the hedge fund Karman Line Capital, Mark manages sophisticated options strategies for institutional clients. He is the author of two highly regarded books on options trading: ‘The Option Traders Hedge Fund’ and ‘Trading Options for Edge.’ Mark is a frequent guest on major financial networks including CNBC, Fox Business News, Bloomberg, and First Business News, where he provides expert commentary on market volatility and options strategies.

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About the Author

Mark Sebastian

Mark Sebastian

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

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