Are The Animal Spirits Back

Yo, Pit Crazies,   Over the weekend here in Option Pit Exclusive and my Sunday Vol Man column in The Pit Stop newsletter, you would have read that I noticed the huge markdown in long-term IV in most major stocks.   Generally IV drops go before the rally, so even with Monday’s selloff from recent […]

Big Money Shopper Watchlist 1-30-23

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What Does Long-Term Volatility Say About Risk?

Yo, Pit Crazies, If you want to see what the market is thinking about, just ask the implied volatility (IV). I gave a hint in Friday’s Pit Report when we looked at Apple Inc (Ticker: AAPL) long-term IV. I’ll be updating an IV every week in Pit Report, and I showed a major correction in […]