Edge Hunter likes AAPL calendars

Yo Pit Crazies,   Every day is still a day of improvement although my throat is dang sore.     Most of the Covid issues are slipping by and, praise be, coffee tastes OK again.   I expect to be back to normal by next week …   My students, and even general Option Pit readers, […]

3 Stocks Ignoring the Delta Variant

Hey Traders, With all of the fear-inducing headlines we see on the daily … It can be hard to keep them all straight! Although fears about the delta variant have consistently dominated the headlines over the last several months … Not everyone seems to be paying attention – at least as far as share prices […]

The Jackson Hole 2 step

  Yo Pit Crazies,   Every day is a day of improvement as I strive to remember what a Big Mac tastes like.   The real downside of the COVID recovery is an empty space where your taste buds used to be.    I am, of course, still hungry for tasty trades …   For […]

Return of the Meme

 Hey Traders, They’re back, baby! In case you thought things were getting a little too quiet … Meme stocks are back with a vengeance! (Though really … they never totally went away to begin with … Just ask my Robinhood Traders who have been playing AMC Entertainment (Ticker: AMC) like it’s our job the last […]

A Half-Mil Bull Play On “Dirty” Energy

Hey Traders, As everyone continues to wait (and wait … and wait …) on the passage of the $1.2 trillion infrastructure bill, there’s been lots of hype on green energy plays. And rightfully so; the final iteration of the bill will likely have a significant number of provisions for greener and cleaner infrastructure and energy. […]

A Mix & Match Vol Trade

Hey Traders, You may have noticed that volatility has been doing some interesting things lately … The wild August futures contango … The VIX spiking 50% in a matter of five days … Before falling back to earth in a rather dramatic fashion … And honestly, guys, with the macro events coming up, I wouldn’t […]

Going Bananas On AAPL

Hey Traders, Well, that was certainly a week. Much to my dismay, we saw the VIX pop right ahead of August expirations, and the market took a little bit of a beat-down, though it did manage to recover a little bit ahead of the close on Friday. But in addition to watching and trading volatility […]

Betting On Government Inaction? Groundbreaking.

Hey Traders, It’s no secret that the gears of the government move slowly … Especially when Congress takes a weeks-long summer “vacation,” like they do in August. Unfortunately, it’s looking like it’ll be quite a bit longer before we see the outcome of the latest infrastructure bill come to fruition … But there’s someone out […]