Is The VIX Foretelling Impending Doom, Or A Market Pop?
The Option Pit VIX Light Is Red, And Volatility Is Likely To Drop. Hey Traders, Thursday was another bloodbath for the VIX and VIX futures. Yet we continue to have an incredibly steep VIX curve … Is this a sign of impending doom? Or is it simply a market that is really hedged, so it […]
The VIX Straddle I Have Never Seen Before
The Option Pit VIX Light Is Red, And Volatility Is Likely To Drop. Hey Traders, Something incredible and rare is happening in the VIX right now. It’s cause is the short time to expiration, and the huge spread between the VIX cash and the VIX futures. In fact, in all my years, I do not […]
Big Money Betting On A VIX Fall
The Option Pit VIX Light Is Red, And Volatility Is Likely To Drop. Hey Traders, We had another day of the VIX up, and the VIX ETP’s down (not that I’m complaining, as I was able to score a solid 24% win on ProShares Ultra VIX Short Term Futures ETF — you can see the […]
Time To Go Bearish On Vol?
The Option Pit VIX Light Is Red, And Volatility Is Likely To Drop. Hey Traders, Well, I switched the Option Pit VIX Traffic Light to red. I will say, it’s a close call, and is right on the cusp … Despite the system using four indicators, things just were not in agreement. At that point, […]
The Volatility Anomaly That Could Lead To Huge Profits
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, The VIX is up, but ProShares Ultra VIX Short-Term Futures ETF (Ticker: UVXY) and iPath Series B S&P 500 VIX Short-Term Futures ETN (Ticker: VXX) are down … How does this happen, and how can you profit? Let me explain. A […]
Sitting At A Crossroad
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, We are at an inflection point for the market. Over the last few days, the VIX has backed off. The move it made is strong enough that we are now at a HUGE crossroads. Here is what is about to happen… […]
A $30M Bet On A Big AAPL Swing
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, Apple (Ticker: AAPL) reported earnings last week. Since then, the stock has been a bit of a dud, with little-to-no movement … AAPL implied volatility (IV) has fallen off as well. Yet … I can tell you there is a strong […]
Something Has To Give Here
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, As I have stated, a yellow light doesn’t mean the VIX is going to go up… It just means there will be some crazy moves … Tuesday was a crazy day, with the VIX having a nearly 3 point range … […]
My Take On The Impending Vol Swell
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, When I tell people we are due for a VIX pop, they typically have two questions. The first one is: “How long will it last?” The other I get is: “How high could the VIX go?” I think I have your […]
Going Green, But Not There Yet
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, It’s the beginning of the week, and we have a lot to look at today … First, we’re having a special event tomorrow (Tuesday, August 3) at 11:00 a.m. EST, where Frank and Andrew will go into detail on the actual […]