Traders dump the sexy stuff
BY ANDREW GIOVINAZZI April 22, 2024 Yo Pit Crazies, There is still time to see me in a Flannel Shirt in Chicago in July so sign up for our OP Trading Extravaganza at the beautiful Cboe building. Ok not this week. Traders sold all of the sexy stocks like Nvidia Corp (Ticker: NVDA) and […]
We need a stock to save the market
BY ANDREW GIOVINAZZI April 19, 2024 Yo Pit Crazies, You still have a chance to join our Summer Event for Option Pit. And yes I am bringing some flannel shirts to Chicago in July. If you have not noticed since Friday every rally gets sold. I don’t know when that will stop but […]
CHWY is rising from the depths
BY ANDREW GIOVINAZZI April 12, 2024 Yo Pit Crazies, This chart below shows VIX is back to the lows of the week as of Thursday night, Today is a different story. It also tells me SPX is putting the inflation picture behind it and any July Interest Rate shenanigans. VIX 5 day chart The chart […]
This is the worst stock in the world
BY ANDREW GIOVINAZZI April 11, 2024 Yo Pit Crazies, There is still time to sign up for Mark’s big trade in UVXY on the 12th. Do so here. The CPI number came in hot again and stocks sold off. Just like every other time in 2024. We hit all time highs just after. […]
All time highs are in the cards
BY ANDREW GIOVINAZZI April 10, 2024 Yo Pit Crazies, If you missed Mark’s preso last night on the impending collapse in UVXY, check it out here. I waited all day for a fill in the Trading Desk. I bought an S&P 500 Trust (Ticker: SPY) Apr12 517 call and 515 put strangle for […]
A total eclipse in volatility
BY ANDREW GIOVINAZZI April 9, 2024 Yo Pit Crazies, Mark is going deep in UVXY and the 0DTE magic he has been conjuring up with Licia. This reverse split in UVXY is going to be epic. There was a bunch of interest in the solar eclipse. My favorite was where the President and […]
How to make 2400% on a trade without taking any more risk
BY ANDREW GIOVINAZZI April 8, 2024 Don’t forget to catch the big UVXY reveal on Tuesday. The bump in VIX has made for an epic setup going into the 2nd quarter. 2300% is just taking an option from .05 to 1.20. I think I got into the trade for .02 but you get the […]
This is what geopolitical risk looks like
BY ANDREW GIOVINAZZI April 5, 2024 Yo Pit Crazies, Stay tuned for our UVXY preso coming on Apr 09. This is likely the biggest opportunity you will see this year. I had to put the last 3 months up to show the action in context. Trading is context and patterns. Mark’s preso on […]
Review 3 Stock Splits
BY ANDREW GIOVINAZZI April 4, 2024 Yo Pit Crazies, Look for our next big event next week on the upcoming UVXY stock split. UVXY is the gift that keeps on giving. (We’re even hosting a pre-stock split education session tonight at 7pm ET. Add the event to your calendar here To prepare… let’s […]
How to use the 3 day rule
BY ANDREW GIOVINAZZI April 3, 2024 Yo Pit Crazies, Look for our UVXY/UVIX seminar coming up. Mark managed to bag 100% last split in the Trading Desk and with VIX rising now the opportunity is even better. Right now we are two days into a sell off in the SPDR S&P 500 Trust […]