Cheap Options on IBM
BY ANDREW GIOVINAZZI April 2, 2024 Yo Pit Crazies, When I’m trading, I get the MOST excited about cheap options that have the HIGHEST chance to explode in value. The key is knowing where to look. The feature of cheap options that makes them move is known as GAMMA (it’s one of the option […]
Do you want to be an option trader or an option investor?
BY ANDREW GIOVINAZZI April 1, 2024 Yo Pit Crazies, Replays of Greg’s crypto extravaganza are here. Use some real data and learn to trade crypto like a pro. What I tell my students is do you want to be an option trader or an options investor. I think folks what to trade but […]
Some dumb trader gave my students $100 in CBOE
BY ANDREW GIOVINAZZI March 29, 2024 Yo Pit Crazies, If you missed Greg Magadini’s Crypto extravaganza, check it out here. I loved it and I am glad I found a vol geek for crypto like me. Except he is younger, smarter and more handsome. Oh well….and I am not talking Mark Sebastian! I […]
Parabolic SPY moves are us
BY ANDREW GIOVINAZZI March 28, 2024 Yo Pit Crazies, This is a great chance to get special pricing on the ODTE magic conjured by Mark and Licia. April is up! Note the last 3 days in the SPDR S&P 500 Trust ETF (Ticker SPY). Those meltdowns and meltups are total madness after all […]
Weekly Profits Cycles books 10th win in a row
BY ANDREW GIOVINAZZI March 27, 2024 Yo Pit Crazies, One of my Weekly Profit Cycles students posted this for me today: Realized volatility or how fast the market actually moves it at year lows. We are not going anywhere fast. To be honest, that is a great place for Weekly Profit Cycles. I own […]
VIX is trading at fire sale prices
BY ANDREW GIOVINAZZI March 26, 2024 Yo Pit Crazies, Stay tuned for the coming March Madness around Crypto with Greg Magadini. If you haven’t signed up yet, click this link to get added to the list. This is an odd Monday strike with stocks down and VIX up only .12. Normally […]
What to buy in VIX?
BY ANDREW GIOVINAZZI March 25, 2024 Yo Pit Crazies, The Easy Trade Button is rolling into the Trading Desk where strangle trading gets front and center attention. If you want to learn how to trade long contacts, this will be the best place to do so. The Trading Record is here 5 […]
100 SPX points in 3 days
BY ANDREW GIOVINAZZI March 22, 2024 Yo Pit Crazies, The Trading Desk ran a nice SPX strangle this week for an 18% gain. Mark said $5k in but really it was $7000 so about $1200 in gains which would go a long way to covering the Trading Desk for a year. The next FOMC […]
VIX makes a 30 day low close
BY ANDREW GIOVINAZZI March 21, 2024 Yo Pit Crazies, Trading Desk should have a peach of a trade as SPX closes on a 100 point gap from the 11 am show time yesterday. Learn how to trade strangles and straddles in the Trading Desk. We, as in Mark and I, expected a bit […]
Did Japan show the way?
BY ANDREW GIOVINAZZI March 20, 2024 Yo Pit Crazies, Mark is going live with a special Trading Desk 11am Fed Extravaganza. Sign up if you don’t want to miss it. The chart below is of the MSCI Japan Index (Ticker: EWJ). Note over the last few days it has opened higher and closed […]