Another VXX low
Major Volatility Indicators Test lows into the CPI Yo Pit Crazies, I hope you enjoyed the holiday weekend. I took Easter Monday off for a little ski action. The old Wall Street saying goes “Sell in May and go away.” And I think it’s because the promise of what the year will […]
Win The Week Live: Look For SPX 4000/4002 Breakout 04.10.2023
Power Income’s Macro Monday: OPEC’s Ditch of US Changes Everything 04.10.2023
Metals Got a New Lease on Life This Week
Yo Pit Crazies, Happy Easter to all! Looking at big volumes is something that started in trading pits somewhere around the Egyptians trading grain futures. That’s something we do in Big Money Flow nearly every day. They are doing something very odd in Silver stocks. Take PanAmerican Silver Co (Ticker: PAAS): PAAS 1 year chart […]
SPX Ends The Week Flat
Yo, Pit Crazies, Below is a great example of SPX not going anywhere for an entire week. Understanding how implied volatility (IV) works is a great aid in trading options. I do that in OP Mentoring week in and week out. First glance would be that SPX was flat and VIX dropped as a result. […]
OPM Trade Mechanics: VXX And DIV+ 04.06.2023
VIX Doesn’t Care About CPI
Yo Pit Crazies, First thing, sign up for our Chicago trip before all the seats are gone. Option Pit uses the VIX curve as a tell to set up trades. The reason why? The VIX curve shows market sentiment and how traders are thinking. Using that skill is central to Option Pit Pro and there […]