The Market Isn’t Panicking… It’s Just Not Playing
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 is vexing, tap our Glossary here.  Last Week’s Big call for Mar 13  Mostly we range between 650 and 690 with little surprise if SPY touches either. SPY […]
Which direction is the pain direction in this market?
BY ANDREW GIOVINAZZI July 6th, 2025 Yo Pit Crazies,  If some of my Option Volatility Jargon is vexing, our Glossary is here.  AG’s alter-ego Vol Man here with my weekly analysis. As usual, I will start with my last forecast…  Last Week’s Big call  Last Week ending Jul03:  Every week […]
SPY closes all time highs but cannot get VIX to all time lows
BY ANDREW GIOVINAZZI June 29th, 2025 If some of my Option Volatility Jargon is vexing, our Glossary is here.  AG’s alter-ego Vol Man here with my weekly analysis. As usual, I will start with my last forecast…  Last Week’s Big call  Last Week ending June 27th:  Iran is not really a […]
I think the VIX curve is basically taking a poll right now
BY ANDREW GIOVINAZZI June 23rd, 2025 Hey there, Andrew here.  So if I wasn’t mistaken, I could have sworn something happened this weekend, right?  Look, I think everyone’s running around trying to figure out what this Iran thing means for their portfolios.  But here’s what I learned when I was 23 years […]
VIX premiums are near 1 year highs
BY ANDREW GIOVINAZZI June 22, 2025 If some of my Option Volatility Jargon is vexing, our Glossary is here. AG’s alter-ego Vol Man here with my weekly analysis. As usual, I will start with my last forecast…  Last Week’s Big call  Last Week ending June 20:  The big if is the damage […]
All right, so I f**ked up again
BY ANDREW GIOVINAZZI June 20th, 2025 Hey there, Andrew here.  All right… so I f**ked up again…  I had positions that were up 25% – literally every leg of every trade – and somehow I am not collecting it, which is not making me very happy right now.  You know what pisses […]
Powell’s hidden message (and why the market got it wrong)
BY MARK SEBASTIAN June 18th, 2025 Dear Money-Maker, Mark here.  I’m still shaking my head at what happened during Powell’s speech today.  Look, I was live with Hans and our Special Situations traders, watching this whole thing unfold in real time. And something was seriously off.  The market stayed flat. Dead flat. […]
The Three Levels of AI (And Why You’re Only Seeing One)
BY ANDREW GIOVINAZZI June 17th, 2025 Hey there, Andrew here.  So what I wanna do here is kind of go through what I call the three levels of AI.  Right now we basically — and you can agree or disagree with me on this — but I think we’ve created sort of level […]
Why puts are mathematically doomed (and most traders don’t know)
BY ANDREW GIOVINAZZI June 16th, 2025 So I was teaching a class last week, and had about 107 people in there. And I ask them this simple question: Â “How many of you know that the option model expects stocks to go up?” Â Maybe five hands go up. Maybe. Â 107 people trading options […]
SPY did the most amazing thing
BY ANDREW GIOVINAZZI March 18, 2025 Yo Pit Crazies,  In a world of 22 VIX remember that I expect just under 1.25% per day in the S&P 500 Trust ETF (Ticker: SPY). SPY gapped down on some Middle East tensions and Alphabet Inc (Ticker: GOOGL) acquisition for a very expensive cyber security company, WIZ. […]