Banks Close at a High

What banking crisis?   Yo Pit Crazies,   Why are new highs and new lows significant?   Because it reveals where the money is going.   Looking at money flow is something we do in Big Money Flow every day of the week at Option Pit.   A while ago we saw some call buying […]

JPM Implied Vol At 1-Year Low

Yo Pit Crazies, At this point, Mark is calling the VIX the “No-Fear” gauge. Speaking of no fear, the market for volatility is crumbling as we speak.. There is a trend to volatility, and right now that trend is down.  See below the 30-day implied volatility chart in JP Morgan (Ticker: JPM). The bid for […]