Sharp BETS: SLV
Sharp B.E.T.S.: SLB
Sharp B.E.T.S.: USO Video
Trade: sell to open 10 USO Jan 2021 1.5 puts at $.51 The materials presented from Option Pit LLC are for your informational and educational purposes only. Option Pit LLC nor its employees do not offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, […]
Sharp B.E.T.S.: USO
Trade: sell to open 10 USO Jan 2021 1.5 puts at $.51 For USO I have to be willing to put a little leg out to get what I want done. I am eventually going to put on a risk reversal or a bull trade in USO, but with IV off the charts, I am […]
Sharp BETS: M
OP Conference Call
Sharp BETS Trade of the Week: JWN
This week’s trade: We buy the JWN Jan 2021 30-40-50 call fly, paying .80 (.85 top) We have officially entered a new phase in the markets. I am officially announcing the end of ‘Peak Fear’ as I said on Mad Money yesterday. But what does that mean? Does peak fear being over mean we are […]
New Trade 3-31-20: ZOOM
Where Are We At?
Trade: buy to open 3 ZM May 130 put for $10.50, Sell to open 6 ZM May 115 put at $5.10, buy to open 3 ZM May 100 put for $2.20, pay total $2.50 Markets are marginally positive today. This would make 4 days of buying in the last 5 days, which sounds like a…