My Holiday VIX Trade

The Option Pit VIX Traffic Light Is Red: Volatility Is Likely To Drop. Hey Traders, The VIX started off the week by trading lower … Not much lower, but lower nonetheless … This is significant because Monday is the day we are most likely to see the VIX higher. Why? Because of the Weekend Effect. […]

What This Big VIX Trade Tells Us

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, On Thursday the VIX was up and the SPX was up at the same time … Not usually a good thing. If this continues, we might switch the Option Pit VIX Traffic Light … But … Here is another reason: […]

This Index Says VIX Dies

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The S&P 500 (Ticker: SPX) was down on Wednesday, and the VIX was up. But we probably are not due for a huge sell off … In fact, I think we will start a rally over the next few weeks. […]

This VIX Trade Sends A Message

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX ended the day down, and while I do not think those 15-strike puts I own will end up in the money … There is a chance! That being said, the biggest option trade of the day on Tuesday […]

2 Pre-Expiration Vol Trades To Make

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Well, despite the VIX being up on Monday (weekend effect) … VIX futures got sold. As we head into expiration, the November future is trading at a full point premium to the cash … Heading into two days where the […]

Volatility In This Sector Is Exploding

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, While the VIX itself seems to be cooling off, and potentially heading toward 15 again … There is a sector of volatility that is exploding. The opportunity to make money trading this area of the market is potentially huge. Commodity […]

Are These VIX Options Too Cheap?

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Today the S&P 500 (Ticker: SPX) managed to gain 2 points on Thursday. The VIX on the other hand … Got smoked. The VIX was off 1.07 back down to 17.83: VIX futures also felt some pain, although I would […]

Should You Go Long Vol?

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX has had a nice run since bottoming out on November 3rd. But that said, it does not mean that you would have made money being long volatility. It is really hard to make money owning VIX or VIX […]

Should You Be Long Vol Right Now?

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX has had a nice run since bottoming out on November 3rd. But that said, it does not mean that you would have made money being long volatility. It is really hard to make money owning VIX or VIX […]

This VIX Trade Could Double

The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, Leading into Wednesday, the VIX was up four days in a row. How long can it last? Is this leading to THE sell off? The VIX touched into the 18’s on Tuesday … The S&P 500 (Ticker: SPX) is down […]