How Long Will This Crazy Vol Last?

The Option Pit VIX Traffic Light Is Green: Volatility Can Go Up. Hey Traders,  The Option Pit VIX Traffic Light is green … but for how long? Thursday saw some crazy trading action. On a day that Apple (Ticker: AAPL) could not get off the mat and the Invesco QQQ Trust (Ticker: QQQ) was only […]

Futures Aren’t Buying This VIX

The Option Pit VIX Traffic Light Is Green: Volatility Can Go Up. Hey Traders, The VIX touched over 32 on Wednesday … Does it make sense now why the Option Pit VIX Traffic Light has stayed green even as the VIX has made its temporary drops? It is hard to believe that just over one […]

How To Play Both Sides of a 15-30 VIX

Hey Traders,  If you think the volatility is over … it is not.  Many thought that the market was heading for a turnaround Tuesday … Then Chairman Powell said to drop the word ‘transitory’… One sentence, and the S&P 500 (Ticker: SPX) dropped like a stone. The VIX has had a VERY wild four day […]

3 Things This Wild VIX Curve Shows Us

The Option Pit VIX Traffic Light Is Green: Volatility Will Likely Go Up. Hey Traders, There is a reason the Option Pit VIX Traffic Light turned yellow last Tuesday night … Boy, have we had a wild few days! And the VIX light, despite the recent VIX movement, is still green …  For now. But […]

The VIX Indicator Making A Nasty Move

The Option Pit VIX Traffic Light Is Green: Volatility Will Likely Go Up. Hey Traders, The Option Pit VIX Traffic Light is still green … But we could trip back to yellow by tomorrow. After a wild end to the holiday-shortened week, the VIX is taking a trip lower … But we are not out […]

You Can’t Trade The VIX

  The Option Pit VIX Traffic Light Is Green: Volatility Will Likely Go Up. Hey Traders, Today is a shortened trading session … But we are still seeing plenty of excitement … COVID fears have spiked the VIX, and the markets are taking it on the chin. This is not what we are used to […]

Will The VIX Pop On Black Friday?

The Option Pit VIX Traffic Light is Yellow: Volatility Is Likely to Swing Wildly … Hey Traders, The VIX traffic light officially switched to yellow on Wednesday morning. The market opened down 25, and then rallied to close up 10. While a 35 point swing is not what it used to be, the down-to-up action […]

The Only Way To Play This VIX

The Option Pit VIX Traffic Light Is Yellow: Volatility Is Going To Move   Hey Traders, The VIX Traffic Light stayed persistently red … but has finally switched to yellow. Tuesday was a classic example of why I like to wait to change the light … The VIX closed about flat, after spiking in the […]

Is Volatility Ready To Drop Or Not?!

The Option Pit VIX Traffic Light Is Red: Volatility Is Likely To Drop  Hey Traders, The Option Pit VIX Light is red … BARELY. The market has been flat for a few days … But VIX is now over 19! What is going on? The answer is that this emperor (the market) has very few […]