BY MARK SEBASTIAN
March 3, 2025
Hey Traders,
If you aren’t trading NVDA with me today … why not?
One trade – simple calls and puts. I’m targeting at least 100%.
You can join me today by clicking here.
First, Let’s Recap Friday’s Trade
No Trade on Friday – and that’s a good thing.
Every bull play I had would have gotten torched between 3:30 – 4 p.m.
That end of day run was something to behold.
…Today’s Outlook
For the week, there is a lot up in the air.
VIX is pointing toward continuing wild moves.
When the VIX is trading above the curve, the market is going to be wild.
It’s above the curve (the green line). It’s going to be wild.
For today I am thinking the market moves higher.
The S&P 500 did manage to get back above 100 DMA.
If we can get to the 50 DMA again, we are probably in the clear. Until then, the 100 DMA is going to either be a floor or a ceiling.
If you’re a member, be sure to join Licia at 10:15 ET – she’ll be looking at the charts and can provide her blueprint for market action today.
Call Ted if you aren’t currently a member – 888 872 3301.
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
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