I’m Bullish Oil and Here’s Where VIX is Headed - Midweek Update

I’m Bullish Oil and Here’s Where VIX is Headed – Midweek Update

Mark Sebastian

BY MARK SEBASTIAN

August 9, 2023

Hey Trader,

It’s Mark Sebastian, back again for your Midweek Update.

The market’s volatility has made for some exciting trading opportunities and I want to show you where my focus is for the rest of the week for trading.

In today’s clip, I share:

The upcoming CPI report tomorrow, and what I expect to see…
My earnings update on some of the Magnificient 7 stocks…
The rift and snap trades I am eyeing up…
Where I think VIX is headed next…and
My bullish outlook on oil.

Catch the Midweek Update right here to see it all:

Your only option,

Mark Sebastian

Mark Sebastian

Founder & CEO, Option Pit

See what's hot at option pit

CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain

DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain

PFE May17 26 calls closed for a 66% win

OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain

OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain

Trader's Edge

Mark Sebastian

Mark Sebastian is a former member of both the Chicago Board Options Exchange (CBOE) and the American Stock Exchange (AMEX), where he spent years mastering the art of options trading in the most competitive environment imaginable. As Chief Investment Officer at the hedge fund Karman Line Capital, Mark manages sophisticated options strategies for institutional clients. He is the author of two highly regarded books on options trading: ‘The Option Traders Hedge Fund’ and ‘Trading Options for Edge.’ Mark is a frequent guest on major financial networks including CNBC, Fox Business News, Bloomberg, and First Business News, where he provides expert commentary on market volatility and options strategies.

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About the Author

Mark Sebastian

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.