Andrew Giovinazzi

Director of Education

Andrew Giovinazzi started and ran the Designated Primary Market Marker post for Group One on the floor of the CBOE in 1991. It became one of the highest grossing posts for the company in 1992 and 1993. Additionally, Giovinazzi had been actively trading and was an instrumental piece creating an option training program for Group One, ltd that allowed the company to significantly grow headcount. Following his career there, he co-founded Henry Capital Management in 2001 and continued as a PCX member until 2006. Andrew joined OptionPit.com, an options education and mentoring service, in 2011 and became COO in 2014. He is also currently the risk manager for the hedge fund Karman Line Capital, LLC.

Market Alert

VIX Spikes Above 30: What It Means

Strategy

Best Iron Condor Setups This Week

Education

Earnings Season Volatility Guide

Market Analysis

Fed Rate Decision Analysis

Education

Options Greeks Deep Dive

Years Trading

Assets Managed

Published Books

Students Taught

Articles by

Andrew Giovinazzi

articles published

Market Action

Why I Stopped Shorting SpaceX

Yo Pit Crazies, I was wrong about the SpaceX IPO. I thought Elon Musk got out at the top of the AI run. The stock

Pit Report

Records Up Top, 2007 Down Below

Yo Pit Crazies, The S&P 500 is sitting within one percent of a record high. The 30-year Treasury closed Monday at 5.31 percent, the highest

Insider's Edge

Nike Just Hit A 12-Year Low And I’m Not Touching It

Nike hit a 12-year low this morning. Andrew Giovinazzi explains why bargain stocks are not always a good buy — and how to tell when

Market Action

There’s a New Sheriff in the Bond Pit

Yo Pit Crazies, I'm curious what the Pit Crazies think about this one: I think Congress works too much. For all the time they spend

Market Action

Stocks Drifting Higher

Yo Pit Crazies, AG's alter-ego Vol Man here with my weekly analysis. As usual, I start with my last forecast. If my Option Volatility Jargon

Market Action

A Quiet Week With One Loud Exception

Yo Pit Crazies, I still can't believe a full week of CPI, PPI and two Treasury auctions produced half a percent in the S&P 500.

Insider's Edge

43% Of The Float Is Short

Andrew Giovinazzi bought two trades in the Ceres Club. 43% of the float is sold short, and he bought calls on it that don’t expire

Pit Report

Cheap Groceries, Cheaper Stock

Yo Pit Crazies, The S&P 500 is printing all-time highs this week. On Wednesday the Treasury sold $42 billion of 10-year notes at 4.683 percent,

Market Action

Is There Another Leg in This Tape?

Yo Pit Crazies, The July PPI landed this morning and it wasn't in line. It came in cooler. Producer prices, meaning what companies collect for

Market Action

VIX Puts in a Six Month Low

Andrew Giovinazzi explains what a six-month low in VIX means for the market, in spite of the ongoing Iran War.

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Andrew Giovinazzi started and ran the Designated Primary Market Marker post for Group One on the floor of the CBOE in 1991.

Chief Investment Officer

Karman Line Capital

2015 - Present

Options Market Maker

Chicago Board Options Exchange

1992 - 2010

Upcoming Events

FOMC Meeting

2:00 PM EST

Earnings Season Begins

Pre-market

Options Expiration

Market Close

NFP Report

8:30 AM EST

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