CPI Is Coming
Yo Pit Crazies, The CPI number is coming out, and there has scarcely been a market in the last year that has cared less about it than right now. Traders even started marking down volatility in the week after the CPI. Who the heck is selling a 13% vol with a number coming out? The […]
Win The Week Live: Options Positioning Tutorial 05.08.2023
Power Income’s Macro Monday: Debt Bomb, VC Panic & Gold Rush 05.08.2023
BMF Riff: GRAB 05.08.2023
OPM Essentials: When to Place a Calendar 05.08.2023
OPM Market Conditions: Slow Week To CPI? 05.08.2023
The Fed Stops Raising – What’s Next?
Yo Pit Crazies, The OP Event in Chicago was a big success. Licia was knocking it out of the park grabbing great trade ideas that conference attendees, both in-person and virtual, were able to capitalize on. If you are in this business long enough, nothing surprises you anymore. Apple Inc (Ticker: AAPL) has no earnings […]
2008 Redux?
Yo Pit Crazies, Stocks are looking up today after Apple Inc (Ticker: AAPL) posted better than expected revenue in iPhone sales. Overall earnings are not growing, but that’s not stopping traders from bidding AAPL up to near record levels. That’s for a blog next week, but Big Tech is still weathering the storm very well. […]
Rate Climb Keeps Going
Yo Pit Crazies, For the most part I am quiet this week trading. I find when on vacation, as it were, it’s better to have nothing on so I can enjoy what is going on. As Mark says, “why have the vacation cost twice as much?” I am still watching the market, and I did […]
The Week of the Ever-Expanding 1 Day VIX
Yo Pit Crazies, Understanding option products is part of the game. The explosion in 0DTE options volume led the Cboe to invent the 1 Day VIX (Ticker: VIX1D). And every day since they launched it, the VIX1D had a white candle. Licia Leslie – the Queen of the Candlesticks – told me that a white […]