Looking Ahead: Next Week’s 2 Big Events

The VIX Light is Red: Volatility is likely to Drop. Hey Traders, We are heading into a big week next week. We have two big events that are going to change the scope of markets for the next two weeks. And they involve both the VIX and the SPX and expiration … These two events […]

Is The VIX Front-Running A Market Drop?

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, In spite of the market more or less not doing very much over the last few days, the VIX has remained firm. In fact, the VIX is sitting over 18! Why is this happening, and will it last? Here is what I am […]

AAPL Calls Are Running Hot And Running Late

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, Every now and again I like to venture into equity vol. Let me tell you about Apple (Ticker: AAPL). You know the stock was up big on Tuesday. What you do not know is that the activity in the stock and volatility are […]

AAPL Calls Are Running Hot And Running Late

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, Every now and again I like to venture into equity vol. Let me tell you about Apple (Ticker: AAPL). You know the stock was up big on Tuesday. What you do not know is that the activity in the stock and volatility are […]

The VIX Trades I’m Watching This Week

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, Coming off a long weekend, and heading into its final six days of trading before the next VIX futures expiration, the VIX is finally starting to normalize … A little. The VIX has been so out of whack for so long that it […]

Where Will Non-Farm Payrolls Push The VIX?

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, On Thursday, the S&P 500 (Ticker: SPX) was up about 12 points, and the Nasdaq 100 (Ticker: NDX) actually closed down. The VIX managed to eke out a small gain,  moving up 0.30 to close at 16.44. VIX futures on the other hand […]

This VIX Needs To Drop!

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, I do not know how to say this any other way … VIX, VIX futures, and VIX options … Are all REALLY HIGH right now. But, you may be wondering, the VIX is sitting right at 16 … Isn’t that low? Not by […]

I Might Piggyback This Big VIX Trade

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, Tuesday — while busier than last week — was another slow day for the VIX options. However, that does NOT mean there weren’t meaningful trades that went up. On Tuesday, I saw two traders do a spread that I really like … a […]

FAQ: How To Hedge This VIX

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, The market is at all time highs … again. The VIX is getting back near 15 … again. While I think we could see the VIX head even lower, A LOT of traders have asked me what I would do to hedge this […]

The Big VIX Opportunity I’m Trading

The Option Pit VIX Light Is Red, Volatility Will Drop. Hey Traders, The VIX is down 0.35, which is HUGE when we come off a weekend (remember: the weekend effect!).   Yet … despite that, we are not seeing VIX futures fall. Something big is about to happen, and I think it could mean the opportunity […]