Short Term Vol Gets Crazy Low

Yo Pit Crazies, I teach how to use option volatility in every product I run here at Option Pit, and our other instructors do too.   Why? Options move in three ways- price, volatility and time. As a trader you can pick 1 or all of the 3 to trade and the more used in trading […]

VIX makes year lows

Big Bank Earnings Today   Yo Pit Crazies,   The markets will surprise you.   Most folks did not think the S&P 500 would make recent highs in early April after the bank near-collapse in early March.   Understanding how to make two-way trades that help in up or down markets is what OP Mentoring […]

Welcome to the Upside Down

Yo Pit Crazies, As a conditional trader I believe in cause and effect. If A goes here, B goes there. If the S&P 500 stalls, implied volatility should soon follow. If it doesn’t, something is up. Creating trades to respond to that action is what we do on The Trading Desk. A big question we […]