Upside Vol Skew in SPX is abnormally high
BY ANDREW GIOVINAZZI January 23, 2024 Yo Pit Crazies, Mark and I are running a can’t lose trade in Trading Desk and Daily Riff Trades are helping our Roomies print in this action packed market. Sign up now to get a spot. The can’t lose trade in the Trading Desk is a can’t […]
Did you think we would make an all time high in SPX this week?
BY ANDREW GIOVINAZZI January 21, 2024 Yo Pit Crazies, I capped my International Business Machines (Ticker: IBM) strangle with a 74% win at the end of the week in my Easy Trade Button strategy. The best part is where I owned my calls for a credit. As George Soros said, it is easy to […]
How to get paid to own calls
BY ANDREW GIOVINAZZI January 19, 2024 Yo Pit Crazies, If you want to learn how to get calls for a credit, join the Easy Trade Button. If you want to see how I did it, keep reading on. One thing about reading order flow is that I don’t have to do exactly what […]
An inbetween Tech Stock
BY ANDREW GIOVINAZZI January 18, 2024 Yo Pit Crazies, Weekly Profit Cycles is open for quarterly sales, give it a try while the getting is good. Learn to pay the rent waiting for a big move to happen. Trading options for 33 years has given me a good insight into market trends and […]
Are you an investor or a trader?
BY ANDREW GIOVINAZZI January 17, 2024 Yo Pit Crazies, If you are not looking at Frank Gregory’s inside analysis and trades, you are missing out. Subscribe for free here. See below a stock that fits Frank’s long term energy thesis. Is it a trade or an investment? This comes up in my […]
Frank Made the Call and Nuclear is the new plastics
BY ANDREW GIOVINAZZI January 16, 2024 Yo Pit Crazies, The Quarterly Program for Weekly Profits cycles is rolling out this week. Take advantage of it and become your own hedge fund. I date myself somewhat but one of the most famous scenes in the movies is a solid capitalist telling a young Dustin […]
Andrew’s Golden Rule of Volatility
BY ANDREW GIOVINAZZI January 14, 2024 Yo Pit Crazies, I don’t know what other Chat Rooms are like but I like our Pro Chat room because we have traders who make a living trading contributing to the room with trades and observations. I put all of the ideas I came up with in the […]
Why does Wall Street want new Bitcoin ETF’s?
BY ANDREW GIOVINAZZI January 12, 2024 Yo Pit Crazies, We had a rocking day at Option Pit. I got to close a lot of puts in my products like OPMentoring and Easy Trade Button. What would be really great is a move up in the SPDR S&P 500 Trust (Ticker: SPY) over the next […]
It’s now or never… for SPX
BY ANDREW GIOVINAZZI January 11, 2024 Yo Pit Crazies, Surveying the Option Pit Landscape, Licia is still coming up with great risk reward setups for the Option Shopper. .08 to .90 is the magic of 0DTE options near the end of the day. 10x returns when things go well but $80 risk on a […]
Something for nothing with this CPI number
BY ANDREW GIOVINAZZI January 10, 2024 Yo Pit Crazies, Weekly Profits Cycles opens up for folks interested in just a quarter of learning. Check it out here. VIX made a bottom in Dec 2023 of just under 12.00. Since then there have been two small pushes above 14 but they have gone nowhere […]