What Flips The VIX Light Switch?
Hey Traders, For a low volume trading day … We certainly saw a lot of action to finish out the holiday-shortened week. In particular, I took note of the VIX, which was quick to spike up to 28 (that’s Zone 4 for those of you that know your Vol Zones). What is interesting is that […]
Is Big Money Watching For Meme Squeeze Part 3?
Hey Traders, Today I want to take a look at a Big Money trade targeting a former (and possibly future!) meme name. A lot of times when I see Big Money making a decisive move on a stock … I’ll look into a potential piggyback myself. Big Money traders often have access to information that […]
Your 401(k) Could Be Costing You More Than You Think
Hey Traders, Saving for retirement is important. And using tax-advantaged accounts is one of the BEST ways to help you save for retirement. Traditional and Roth IRA accounts are great options that nearly anyone can open (there are some restrictions, especially for Roth accounts, which have an income cap) … But perhaps the most well-known […]
3 Names On My “Nice” List
Hey Traders, It may be hard to believe it … But the holiday season is (almost) upon us! And what better way to celebrate than by looking at some holiday trades?! Today I want to dig into three names I’m watching … And we’ll see if the pits are putting them on the “naughty” or […]
An Oil Giant Giant Trade
Hey Traders, Right now, I’m keeping a close eye on any noteworthy commodity trades I see cross the tape … In times of inflation, commodities tend to outperform, so I definitely want to know about any Smart Money moves being made right now. On Monday, I noticed a particular Big Money play on a big […]
The Drug of Choice Glasgow COP26? Lithium
Yo Pit Crazies, For the most part, alt energies (and companies powered by them) did well during the COP26 conference in Glasgow — namely Tesla Inc. (Ticker: TSLA), which enjoyed a 20% increase until Elon Musk said he was selling. Solid-state battery developer QuantumScape Inc. (Ticker: QS) didn’t fare too badly, either. […]
Pot Stock Watch
Hey Trader, Last week was a big one in the cannabis space … A huge slew of earnings saw some stocks pop … While others dropped. Now, earnings weren’t the only thing moving the cannabis sector last week. Newly drafted legislation out of the GOP has been drafted, and could be presented in its final […]
3 Stocks To Trade Inflation
Hey Traders, If I had to pick a theme of this week it would be … Inflation! Yes, the 31-year high inflation numbers, and high CPI, definitely shook investors and scared the VIX off its recent lows. However … here at Option Pit, we’re been hammering home all week that the answer to inflation is […]
Big Money Bet On Hallucinogens
Hey Trader, If you attended Bill Griffo’s event last night … You may recall us discussing the importance of watching the money flows in the market. (Missed it? Catch the replay, and the trade, right here.) Whether they’re from the Fed … Or from Big Money trades (like the ones we watch). Why do we […]
Get In The (Vol) Zone
Hey Trader, Something you may hear us mention from time to time here at Option Pit … (Especially if you attend live events … Speaking of, you’re registered to join Griff on Tuesday, right?!) … Are volatility “zones.” We’ve classified volatility into four “zones,” and knowing these zones can tell us important things about what […]