The stock market loves 2800 and so does VIX

  Check our our next Master Class on Longer Term Option trading here   When I say the stock market loves 2800 I am only invoking the law of round numbers.  That law states, loosely, that the stock market will get to the nearest round number most of the time.  I did not invent that law […]

Option Pit Idea of the Week: SPY

Option Pit Idea of the Week:  SPY 3-8-2019     Options for Investors, Money Mangers, and RIA’s Sign Up Here            

The Stock Market does not like QE announcements anymore

Check our our next Master Class on Longer Term Option trading here QE announcement is no longer a market positive QE announcementnormally would send stocks to giddy heights.  After today that time has passed.  We can mark the day when the market no longer sees QE as a solution but the continuation of a problem.  […]

GE Volatility is Real High

Our next event on using options in a longer term portfolio is here My last blog on GE was here before they cut their dividend GE Volatility is very high GE volatility is all over the map lately.  First the news is bad and then the news is good and then it is bad  and […]

AMZN crushed WBA just like it did COST and WMT, wait a minute….

Option Pit is now a CE sponsor WBA got crushed on AMZN worries WBA got crushed recently when AMZN announced it was going after parts of WBA’s business by expanding grocery operations. This sound vaguely familiar to the talk in 2017 after WFM got taken over by AMZN and near destroyed all grocery stocks.  COST […]