The VIX Hits 1,000,000
The Option Pit VIX Light Is Red, And Volatility Will Drop. Hey Traders, Thursday marked the lowest close for the VIX since the pandemic began, with the “fear gauge” closing at 15.48. But here is the interesting part … Thursday was one of the most active trading days for the VIX we have seen in […]
The VIX Trade I’m Watching For
Hey Traders, Well, that didn’t last long … After two days of the VIX being firm, and the market going up … The VIX kind of died on Wednesday. This sets up a really nice trade for Thursday … After two days of the VIX going up with the S&P 500, the VIX went down […]
What Non-Farm Payrolls Could Mean For The VIX
Hey Traders, Heading into the long weekend, I have been writing about how I thought the VIX could head below 15. But so far, that has not materialized. For two days in a row the VIX has been up, and the S&P 500 (Ticker: SPX) has been up! What does that mean for volatility for […]
My VIX Predictions Ahead Of The Holiday Weekend
The Option Pit VIX Light Is Red, And Volatility Will Drop. Hey Traders, I am on vacation right now … well, another “working” vacation. While I am working most of the morning, after 1 p.m., I am frequently checking the markets. Thus, I have to admit, when I pulled open my phone and the S&P […]
How To Avoid Getting Burned On The Weekends
Hey Traders, I know it’s only Monday, but before you get ready to kick back, relax, and enjoy the long holiday weekend, you really need to know this so you can plan ahead with your trading! I have seen one too many traders get burned by weekend trades gone awry. Too often, traders think holding […]
Going Long In These Will End In Tears
The Option Pit VIX Light Is Red, And Volatility Will Drop. Hey Traders, I was glad to see so many of you at the Option Pit special event yesterday … I hope you learned a lot about how the upcoming banking regulations that go into effect on June 28 (this Monday!) could have a huge […]
The Slick Commodity Trade I’d Make
The Option Pit VIX Light Is Red, And Volatility Will Drop. Hey Traders, The VIX briefly traded below 15 today, but spent most of the day hovering around 16. It appears that my prediction of the VIX going below 15 by next week has a real good chance of coming true. […]
We’re Dealing With A Spike, Not A Swell
The Option Pit VIX Light Is Red, And Volatility Will Drop. Hey Traders, Well, volatility has certainly calmed down … But as you ought to know by now, that doesn’t mean we can’t keep trading it … In fact, I’ll be revealing three volatility trades TOMORROW, Thursday, June 24 at 1:00 […]
On The VIX’s Terms
Hey Traders, The Option Pit VIX Light is red … Oh yellow, it was short, but it was sweet … As you can see, the VIX did NOT head to 30. In fact, the VIX closed below 18 at 17.89. My traffic light is now red again, but that does not mean the opportunity created […]
The Two Indicators That Flipped My VIX Light
The VIX Light Is Yellow: Volatility Is Going To Swing Wildly. Hey Traders, On Friday, my VIX light moved from red to yellow. Does this mean VIX is going to shoot up to 30? No, it doesn’t mean that at all. Now, like I said, the Option Pit VIX light switched from red to yellow […]