What to Do About Exploding Volatility – Week-in-Review

Mark Sebastian

BY MARK SEBASTIAN

October 13, 2023

Hey Traders,

Happy Friday everyone – I’m here with your Week-in-Review.

This week – primarily yesterday and today – we saw the VIX explode.

It touched out today at 20.78.

With so much going on in the market, how do we trade it?

Well that’s what I’m here to tell you today.

So click here to watch today’s video:

Your only option,

Mark Sebastian

Mark Sebastian

Founder & CEO, Option Pit

See what's hot at option pit

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

DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain

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

Trader's Edge

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.

Share This Article

Trader's Edge

Are You Getting Better Everyday?

By Mark Sebastian

Insider's Edge

The 2 Days I Think Anthropic Goes Public

By Mark Sebastian

Insider's Edge

Why Anthropic Is Meeting With Priests And Rabbis

By Mark Sebastian

Pit Report

The Safe Haven I’m Leaving

By Mark Sebastian

About the Author

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.