BY ANDREW GIOVINAZZI
March 27, 2024
Realized volatility or how fast the market actually moves it at year lows. We are not going anywhere fast.
To be honest, that is a great place for Weekly Profit Cycles.
I own options that decay positively. How do you do that you ask? Positive theta in a long options. No way!
SPX is grinding higher
That is ok. That is just a market condition. My Weekly Profits Cycle buys VIX puts in a slow market. Those VIX puts are in the money and only get more in the money as time goes on if SPX continues on the grinding path. If you don’t get this that is ok, you will when you join.
That path will buy me SPDR S&P 500 (Ticker: SPY) puts or even calls. That is what is helping me get 10 in a row and a great year and half since I launched my Two Way Trading system.
To Your Trading Success,
-AG
Andrew Giovinazzi
30-Year Trading Pro
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