Rules of the Road: Betting on it

Hey Traders,   A little bit of a change this week on Option Pit Rules of the Road!   I’m going to show you how I build a trade and a trading plan using my B.E.T.S system … the same one that I use to power Sharp Bets.   Remember, B.E.T.S stands for    Background […]

Reopening Could Open the Door to Big Gains for These 5 Stocks

Norwegian Cruise Line (Ticker: NCLH) NCLH is no stranger to my Robinhood Trader scanner. In fact, I cruised to a 99% win on NCLH call options earlier this month, as both retail traders and big-money option bettors circled the wagons on an upbeat earnings forecast. The company said cruises were starting to book up for […]

5 Stocks That Could Be Plagued by Pandemic Fatigue

Hey Traders, Sure, the stock market last week encountered some speed bumps due to re-emerging fears about COVID-19. Things look pretty bleak in Brazil, for instance, and new coronavirus variants are reportedly hitting parts of Europe pretty hard … But here in the U.S., the number of vaccinated Americans continues to grow, and with many […]

Jumping on Juicy Premiums on a Bad Day for Small-Caps

Hey Traders, Along with most other stocks, small-caps took it on the chin yesterday, amid concerns about another spike in global coronavirus cases. A new COVID-19 variant is apparently spreading across Europe, deaths in Brazil just hit a new peak, and some states could put reopening plans on hold. While the spring breakers in Miami […]

VIX Volatility Is Stubborn

The Option Pit VIX Light is Red, and We Expect Volatility to Drop. Hey Traders, The VIX of VIX is called the VVIX. It’s the calculation used to determine VIX pricing … but applied to VIX options. VVIX tells us how expensive it is to buy or sell VIX options. And it is stubbornly high. […]

Trading Lessons from March Madness

Hey Traders, Happy holidays to all my fellow college basketball fans! After a much-needed day off, last night I watched my team, Villanova, take on Winthrop in the first round of March Madness … And it was a little closer than I liked! Anyway, while I intended to enjoy a 24-hour period of total relaxation, […]