4,100 Is the New 3,900

Yo Pit Crazies, I was thinking of short-term trades over the weekend and I kept returning to this question … Why is the market not pricing a move this time? For previous Fed meetings and CPI numbers, traders bid up the short-term options to the mid-20% volatility range.   Not so this time … in fact […]

How to Trade Like George Soros

Yo Pit Crazies, If you want to trade like George Soros, you need deep pockets and know-how to trade a position. That happens to be something we teach in Option Pit Mentoring every week. Mr. Soros bought a lot of SPX Feb. 24 4,050 puts for next week . Normally traders buy puts to sell […]

Bullard Tosses A Wrench in Gears

Yo Pit Crazies,   Option Pit specializes in finding trade ideas that help students maximize current market conditions. What we now have is a market going nowhere fast. That has implications for trades going forward because we could pick up momentum if we can just break out of the current range. Following Jerome Powell’s latest […]