A Big Bearish Bet On The VIX
The Option Pit VIX Light Is Red, And Volatility Is Likely To Drop. Hey Traders, Thursday was a slow day for VIX trading… Apparently all the would-be VIX trading went to AMC (which traded over 4 million contracts!) … But there was one giant whale of a customer that executed two huge trades simultaneously. Given […]
Correction is Near
AMC Traders May Feel The Squeeze
Hey Traders, Meme stocks are back at it again this week, and there’s one in particular getting some extra attention … AMC Entertainment (Ticker: AMC) was making headlines after news broke that Mudrick Capital had purchased 8.5 million shares of the movie theater stock at $27.12 … Before promptly selling them off for a profit […]
Clear Skies Ahead For These Airlines
Hey Traders, Tomorrow is the big day … I’m finally revealing my THREE ProShares Ultra VIX Short Term Futures ETF (Ticker: UVXY) trades! This is a big deal … I’ve been excited about these trades for weeks now. This 10-to-1 reverse split is an opportunity that doesn’t come around often, and frankly, it’s like Christmas […]
Why This Is A Big Deal
Reverse Splits And Meme Trades
Hey Traders, 2021 has been a year of crazy trading, to say the least. Meme stocks … “Reopening” plays … Crypto … ProShares Ultra VIX Short Term Futures ETF (Ticker: UVXY) reverse-split … Honestly, I’m taking advantage of everything I can. “Make hay while the sun shines” and all that. That’s one of the reasons […]
10 years of Futility … Will Pay Off for You
Yo Pit Crazies, Yes, it has been 10 years … … of Futility for the ProShares Ultra VIX Short Term VIX ETN (Ticker: UVXY) It is horrible! It dropped 7% on Thursday alone, a day after its reverse split. The VIX itself only dropped .62 points. What gives? Mark […]
Moderately Bullish, But Bullish Nonetheless
Hey Traders, It seems like these days, I’m seeing a new headline about inflation concerns every hour, on the hour … if not more! It looks like plenty of investors are getting a little spooked (which I get!), and I’m sure there’s plenty of traders out there looking to hedge their bets … Now, as […]
Trades On Tap
Hey Traders, Here in Texas we are starting to feel the summer heat! And it’s not even June yet, so I’m buckling up for a warm few months ahead … I don’t know about you, but one of my favorite ways to cool off – and relax – is kicking back with an ice cold […]