My 5 Big Volatility Events for 2025
BY ANDREW GIOVINAZZI December 31, 2024 Did you like the idea number 1 around the inauguration? That might even set up for a Special Situation going into the 20th but more on that in the future. The second big event should happen a couple of times in 2025 but 2024 exhibited some not normal behavior. […]
The best bargain in options today
BY ANDREW GIOVINAZZI December 22, 2024 Yo Pit Crazies, What a great week! We gave out a nice VIX trade to our viewers on Thursday’s for Zero Theta and it was paying by Friday. We also gave out a plan of action to follow which in hindsight looks pretty darn good. That is […]
Shutdown rumors push VIX futures up to 6 month highs
BY ANDREW GIOVINAZZI December 20, 2024 Yo Pit Crazies, “It’s the most wonderful time of the year,” sang Frank, Sammy, Dino, Nat, Andy and a host of other classic singers. Andy was not a Rat Packer but he could sing a Christmas song like nobody’s business. Those guys knew their business. The present Congress […]
How did the VIX jump to 27 from 15 in a day ?
BY ANDREW GIOVINAZZI December 19, 2024 Yo Pit Crazies, Well I thought in yesterday’s OP Newsletter that VIX and IV in SPX would be lower by Friday. As of right now, that does not look too good. Note below that there is a “good” area most of the day where VIX was dropping from […]
Orange Santa is in a holding pattern, Zero Decay pumping up
BY ANDREW GIOVINAZZI December 18, 2024 Yo Pit Crazies, 0 Decay is alive and well as VIX makes a quick uptick into the FOMC announcement this week. I thought it would be helpful to take a review of the SPY Jan17 2025 610 calls. But before I did that I closed another Big Money […]
How to read a Volatility Chart for Fun and Profits
BY ANDREW GIOVINAZZI December 17, 2024 Yo Pit Crazies, If there was one lesson from the $1 shots adventure last Friday it was Bitcoin and Big Tech still have something to say into the end of the year. The possibility of Bitcoin being any store of value for the Federal Government or major corporations […]
This will help make your trades sing
BY ANDREW GIOVINAZZI December 12, 2024 Yo Pit Crazies, There are two basic trades with options that traders love- Door #1- The cheap call going to the moon Door #2- Fading the market like it is your bi&%$ buying puts and watching them explode For right now there is not much point in […]
2025 is a year for cheap stocks
BY ANDREW GIOVINAZZI December 11, 2024 Yo Pit Crazies, With SPX pulling back a bit into the inflation numbers today and tomorrow I want to make sure everyone understands the opportunity that is in front of us this coming year. Especially in long option trading. Hannah and I got together in September and […]
VIX is in Zone 1 and the Orange Santa rally is in full melt up mode
BY ANDREW GIOVINAZZI December 8, 2024 Yo Pit Crazies, I am not as good as Mark with AI. My AI version of Pres-elect Trump as an orange Santa Claus did not go so well. See below: Orange Santa Claus generated by AG AI I am better at making trades. As of the close Friday […]
This is the next reason for the market to rally
BY ANDREW GIOVINAZZI December 6, 2024 Yo Pit Crazies, In 2024 as we are about to put in a record setting market performance around $6100 SPX we can count back on all the things that made us rally this year: Chip demand AI and robots making things easier Interest rate drop Corporate Earnings […]