Are You Getting Better Everyday?

Hey traders,

I spent the weekend in Chicago. My wife and I have an upcoming anniversary so we decided to get extra romantic and go to a Bears game.

Before the game we met up with a few friends, notably my long time friend and one of the co-founders of Option Pit, my friend Adam. He happens to be a season ticket holder.

He said we should meet at a specific bar near the stadium. Now I know I haven't lived in Chicago in a bit, I am pretty familiar with the bars around the stadium and they are all universally equally inconvenient to meet up at before a game. But I had never heard of this one.

When I asked how to get there, he said, I'll park and meet you at the red line stop.

He met us, and we started walking. We walked around the stadium, past the Field Museum and the Shedd Aquarium, by the water, through the marina and boom. After a good 20 minutes of walking I was looking at a half empty bar I had never seen or heard of in my life.

Apparently it's a little secret the crowd that has boats in the marina keep to themselves. It was perfect, we could sit, catch up, enjoy the music, have a cocktail, and get stoked up about the game (the Bears dominated).

Sometimes you think you know everything about a subject, I lived in or around Chicago for 40 years. There is always someone who knows more…or maybe not more but something you don’t know.

That’s trading, that is why I work so closely with my traders at Option Pit and stay in close contact with other traders in the industry or running hedge funds. They are always dropping tidbits of information that I didn’t know or an angle to a story I wasn’t thinking about.

If you are not getting better every day at this, even if you can make money now that will change. This is why I am so deep in AI. It is going to change how we do business, and how we trade. But right now it is WHAT I am trading.

With Anthropic going public, probably on around November 10th, I am trading all the names that will be winning ahead of, leading right into, and coming out of the IPO.

It's called the Halo Project Hunting Anthropic Linked Options.

Read about it here.

Your only option,

Mark Sebastian

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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