The VIX is Still Ripe – Midweek Update

BY MARK SEBASTIAN 

October 10, 2023 

Hey Traders,

 

In today’s video (by the way only available with Trader’s Edge *which is 100% free forever) – I start talking about UVIX and the reverse split.

 

Why is that important? Because we see a reverse splits on a descending vehicle and we are primed to crush some trading there on Trading Desk with Andrew Giovinazzi and me.

 

I go into some solid trades that I closed for winners. I know I know – thanks for the closes that you love – but it’s important that you understand how active we are and what methods we are using. We’re catching upside swings on the regular at this point.

 

I also have solid market analysis into the big reports coming out and also VIX opportunities.

 

There’s a ton of time left in the cycle of October and I preview the VIX and what to expect out of the options in the volatility world.

 

The easy money looks to be gone on the upside and we have events driving the market and looking forward to those financial earnings ready to drop over the next week. MAN I LOVE FINANCIAL EARNINGS! Check out the calendar in the video and here my quick take on banks and what’s coming Friday morning.

 

The other big driver is oil and energy. With the world tight as a fist around the issues in the Middle East, we review what Oil is going to look like. I give a couple tickers to watch and one oil stock that looks cheap and I’m looking to go long… there ya GO – a nice long term spot for you.

 

So check the video – and let me know what you think. Be sure to leave a comment below with any questions!

Also – just so ya know … Andrew and I are going to be crushing this reverse split and it’s not too late to join us – give Ted a call at 888-872-3301 or click here for the details.


Your Only Option,

Mark Sebastian

Mark Sebastian

Founder & CEO, Option Pit

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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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