[VE] VIX…Cheap??
Don’t look now but VIX options might be getting…cheap! That’s right I said it… The VVIX (the VIX of VIX options) closed at just above 103. This thing is what measures what we call “vol of vol.” A double mouthful I know but really this is just how much what we measure volatility with, ie […]
My Cake Trade (Yes it’s real and not food!)
The market has been disjointed for a while. We have made note of the fact that the NDX and the SPX have been running circles around the Dow Jones Industrial Average for the last year. We continue to believe that markets eventually normalize and one wants to be long the under performing indexes. And I’m […]
How To Look At Gold Options
One of my favorite things to do with my 4 year old son is to read books. Currently, our favorite one to share happens to be MY favorite book from when I was his age: Richard Scarry’s, “Cars and Trucks and Things That Go”. While we like reading the book, the real fun is in […]
The Market is Hiding Risk
When the market is going bananas sometimes the VIX does not make a lot of sense. Take yesterday, with the S&P 500 down 95 points, about 3%, the VIX was only up .71! Given the giant move in the SPX, one might assume that VIX would be up way more. The risk is there, it’s […]
I Won’t Say It…So What To Do Now
The S&P 500 had its worst day in Months on Thursday. I have spent the last week telling you guys that something like this was coming. The 1st really good warning was on Friday morning when we told you the VIX and the S&P 500 were correlating. Remember, the VIX is supposed to go up […]
Few Get To See This
Hey there trader, I don’t know if you know this but this is what I do everyday… Click the picture above to see a quick trick I use right now based on the markets current crazy momentum! Your Only Option, Mark P.S. – Later today I’ll send something cool to watch once I’ve got some trades […]
My Warning Sirens Are Going Off
Dear VIX Traders, The S&P 500 closed at another all time high today… What is weird is this is taking place when the VIX is 24.47 Even more concerning… The last 40 points have occurred with noticeably rising implied volatility It is hard not to have the alarm bells ringing when I see the market […]
[VE] This Spread is WIDE
Dear VIX traders, One thing is clear, while the VIX has slowed… The Market is EXTREMELY nervous about what is in front of it. The largest spread in history I’ve ever seen in the VIX is below: You see last week I mentioned, “The Spread between VIX and the Sep Future is OUTLANDISHLY big.” So […]
How To Spot The Market Turn Soon
Dear VIX traders, While VIX trading has slowed, one thing is clear: The Market is EXTREMELY nervous about what is in front of it. I mentioned this last week: The Spread between VIX and the Sep Future is OUTLANDISHLY big. The September future expires in 26 days. This includes Labor Day Weekend. Yet the September […]
The Elephant In The Room
Dear Trader, AAPL is the 2 Trillion dollar elephant in the room. What is interesting is that despite how much the stock is moving, the options are dirt cheap. The lesson I wanna go over for today is: Often when IV(implied volatility) seems expensive…. It is when it is actually at its cheapest. Take a […]