Palantir trading like a house on fire
BY ANDREW GIOVINAZZI August 15, 2024 Yo Pit Crazies, Check out our super magness presentation on beating time decay here. If you were at that presentation you would have seen a graphic that looks like this. That is right I use all of the products Option Pit sells in my actual trading. […]
VIX closes on historic drop from the top
BY ANDREW GIOVINAZZI August 14, 2024 Yo Pit Crazies, Mark and I will teach you how to master the Credit Spread trade. Except it is not the Credit Spread Trade it just acts like it for a fraction of the risk. Click here for Wednesday night at 8pm. So I saw on Twitter […]
Aug SPX Volatility is still frothy
BY ANDREW GIOVINAZZI August 13, 2024 Yo Pit Crazies, Mark and I co go live on our new addition to the Trading Desk. How to trade the next wave in options? Find out here. Not long ago, I was writing that the straddle at the money in SPX for a 30 day options […]
Aug SPX Volatility is still frothy
BY ANDREW GIOVINAZZI August 12, 2024 Hey OP Crew, Want to see the best trading opportunity for the balance of 2024, check this out here. 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 […]
The 3 things you want to know that VIX is telling you this morning
BY ANDREW GIOVINAZZI August 9, 2024 Yo Pit Crazies, After reading this letter, you will want to check out Mark explaining VXX HERE. Yes I am up at 530 am every morning reviewing the day that just happened. Mark your calendar when I take time off or go to Chicago for stocks to […]
VIX in the Zone 4 always means something big
BY ANDREW GIOVINAZZI August 8, 2024 Yo Pit Crazies, On Wednesday, the Barclays Ipath Series B Short Term VIX ETN (Ticker: VXX) dropped $10 only to close near unchanged on the day. The VXX trade day is coming so check out what Mark said about VXX and how it works here. Mark and Licia […]
We might drop out of Zone 4 for an historic VIX crush!
BY ANDREW GIOVINAZZI August 7, 2024 Yo Pit Crazies, Tune into Mark’s VXX extravaganza here as the volatility scenario plays out in the coming days and maybe weeks. One thing I did not expect today was the VIX Aug futures dropping 10 points from the close. Maybe a few points but was it […]
The craziest open in 6 years!
BY ANDREW GIOVINAZZI August 6, 2024 Yo Pit Crazies, With VXX running to near term highs, sign up now for our VXX trade. You will want to know when we add it. Nothing like geopolitical risk to toss a match on a pool of gasoline. Traders just about lost their minds this morning […]
VIX exploded, SPX sank, what you need to know
BY ANDREW GIOVINAZZI August 5, 2024 Yo Pit Crazies, Tune into Mark’s VXX extravaganza here as the volatility scenario plays out in the coming days and maybe weeks. The story of VIX this week is really about the news and that bad news is bad again. VIX dropped and popped on the earnings […]
VIX makes a 1 year high
BY ANDREW GIOVINAZZI August 4, 2024 Hey OP Crew, Learn to trade VXX with Mark here. 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: “This […]