UVXY Will Split 10 for 1

Not many stocks can go from 8.55 to 1400  to 3.85   Yo Pit Crazies,   Newsflash: One of the most fun trading products is the Proshares Ultra Short Term VIX Futures ETF  (Ticker: UVXY).   When I say it went from 8.55 to 1,400 to 3.85 I am not kidding.   That was the […]

You Must Learn to Trade the Low-Vol Market

Yo, Pit Crazies,   Mark “The SeaBass” Sebastian rocked The Trading Desk last night.    Why do I call him Seabass? That was his handle when he was a CBOE market maker.   You know, sort of like “Maverick” or “Ice Man.”   You can join The Trading Desk and learn a thing or two […]

The Market Is Not Ready For What Is Going To Happen

Crazy VIX future premiums as VIX drops Yo, Pit Crazies, The VIX futures curve is setting up in an interesting fashion. It’s something I have not seen for at least a year, maybe two. What is it you ask? What does it mean?   It is the first real signal the market is ready for a […]