Boeing Bottom?

Hey there traders, There is absolutely a play on BA (Boeing) catching a stronger bid (people wanting to buy), than it already has right now. One has to wonder if this is a sign that the stock is heading back to 190 or even above 200. Rapid Covid testing and Vaccines are going to be…

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[VE] This Spread is WIDE

Dear VIX traders, One thing is clear, while the VIX has slowed… The Market is EXTREMELY nervous about what is in front of it. The largest spread in history I’ve ever seen in the VIX is below: You see last week I mentioned,  “The Spread between VIX and the Sep Future is OUTLANDISHLY big.” So…

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How To Spot The Market Turn Soon

Dear VIX traders, While VIX trading has slowed,  one thing is clear:  The Market is EXTREMELY nervous about what is in front of it. I mentioned this last week:  The Spread between VIX and the Sep Future is OUTLANDISHLY big. The September future expires in 26 days. This includes Labor Day Weekend. Yet the September…

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The Week Was Unique

Hey there traders, This week was unique. We saw the market hit an all time high. At the same time, the NYSE gainers and losers were negative. I have never seen a market like this.  In fact, breadth has only been this week on a new all time high… 4 times… …EVER! There are 5…

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The Elephant In The Room

Dear Trader, AAPL is the 2 Trillion dollar elephant in the room. What is interesting is that despite how much the stock is moving, the options are dirt cheap. The lesson I wanna go over for today is: Often when IV(implied volatility) seems expensive…. It is when it is actually at its cheapest. Take a…

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