VIX Is Heading Lower

Yo Pit Crazies,   Part of what I teach here at Option Pit is how to price a range.   Or, more specifically, how the market is pricing the range.   That is a skill to carry in all markets and in all names. Thirty years of trading went into my ability to do this […]

Market Is Moving, But Not Signalling A Crash

Yo Pit Crazies, SPX today had its first real selloff in recent weeks on Tuesday. A good, old- fashioned, one-way down, ride.  We closed on the lows. What I found curious was that the short-term 9-day VIX closed lower than 30-day VIX, which I wrote about in the Option Pit Stop, our daily roundup newsletter, […]