The Earnings Surprise Taking VIX For A Ride
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, Well, I would say that Amazon (Ticker: AMZN) caught the market by surprise: The stock is getting crushed, and it is sending reverbs throughout the whole market. Here is what happened, and its ramifications for the VIX. You might not know […]
Is It Time To Start Being A Bear?
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, With the Option Pit VIX Traffic Light yellow, I expect to see some serious trading in the VIX. Yet Wednesday was incredibly light for volume. In fact, VIX open interest is down by 20%! Here is the troubling part … The […]
Macro Noise Giving Me A Hint Of Green
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move Wildly. Hey Traders, Well that did NOT last long. As I stated yesterday, the light was barely in red territory as it was. And now, one of my indicators is essentially about to flip to green! There’s so much noise out there, it […]
Toeing The Yellow Line
The VIX Light is Red (Barely): Volatility is Likely to Fall. Hey Traders, While the Option Pit VIX Light is red, I can tell you the market is still on edge. Three of four indicators are still teetering on yellow. I will definitely be keeping a close eye on things as we go into the […]
The Most Interesting Mega-Cap Earnings Play
Hey Traders, It’s no secret that this is a huge week for earnings. Just about every giant company reports this week. Notably all of the megacaps report this week: Apple (Ticker: AAPL), Amazon (Ticker: AMZN), Microsoft (Ticker: AMZN), Facebook (Ticker: FB), Alphabet (Ticker: GOOGL), and Tesla (Ticker: TSLA). But here’s the funny thing … Volatility […]
Is This A Mellow Yellow?
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Trader, Now that the market is right back near all-time highs, I’m sure you were expecting a red light on the VIX traffic light. Well, we’re not there yet! Of course, the yellow light certainly hasn’t stopped me from fading vol … […]
The Market Is Back, The VIX Is Not
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, The market is now about even with where it ended on Thursday, July 15th. But that does not mean that all is well. There’s a reason the Option Pit VIX Traffic Light is still yellow. Here is what that reason is, […]
Why Today Is So Big For The VIX
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, If you had left on Friday and didn’t look at the S&P 500 (Ticker: SPX) until Tuesday afternoon, you might think nothing had happened … Oh, but things happened! The market is seriously volatile right now. In addition … we have […]
My VIX Play For This Yellow Light
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, On Monday morning I switched the Option Pit VIX Traffic Light to yellow. As promised, today I’m going to tell you what triggered the change. I’ll also tell you how I would — and am — planning to trade this latest […]
This Big VIX Trade Could Signal More Upside Ahead
The Option Pit VIX Light Is Yellow: Volatility Is Going To Move. Hey Traders, Today, the Option Pit VIX Traffic Light went from red to yellow at the open. We’ll be talking about the latest volatility and market movement during our live event tomorrow at 11 a.m. EST (you can access the event by clicking […]