Yo Pit Crazies,

Catch my best way to make money for the rest of 2022 tonight at 7 p.m.

Somehow, some way, the S&P 500 rallied 2% yesterday to touch 4000 once again.

In the Volatility Trading Club and OP Mentoring sessions we owned 400 SPDR S&P500 Trust (Ticker: SPY) calendars – which was very nice.

One I sold, and one I did not.

.

One-day SPY chart with one-minute candles.

Is it a surprise that SPY could rally 2%?

No, it is not.

Why Not?

VIX is at 24, that’s why.

And the “fear gauge” started the day close to 27.

That implies a move of $6-plus in SPY on average … every single day close-to-close.

SPY closed up $7.

That is barely outside the expected move, so when setting up a trade, traders need a good understanding of what the expected move will be.

And then be ready for a move either way.

I added a new trade in SPYMaster yesterday buying longer duration puts in VIX and put spreads in SPY.

The opportunity is crazy good in October right now for VIX options.

I will reveal more tonight at 7 p.m. Catch my best way to make money for the rest of 2022

And stop letting big swings in the market mess up your trading. Instead, use them as opportunities.

To Your Trading Success,

AG