Mark and brand-new Option Pit rock star Bill Griffo Lit. It. Up. this week on their webinar “The New Fed Secrets.” Did you miss it (and the way to make money from the upcoming Biggest Global Trade EVER)? No worries! Check out the replay right here.
As you know the VIX Index gets its number from the trading of SPX options with 30 days to expire.
I thought I would take a look at SPX positioning for options that expire tomorrow afternoon.
I am wondering if the market is positioned for a cocktail of the Covid Vaccine getting based the advisory board (it did after the bell) plus the possibility of positive news on the stimulus front.
Take a look at the trading in SPX options that expire on December 11th.
There is some pretty heavy volume on upside calls expiring in a day.
Those have zero chance of being in the money past MAYBE the 3700’s unless….
There is a deal on the stimulus out of the bipartisan panel that is working in the house.
If we get a deal, the SPX MIGHT sky rocket!
That would turn into a pretty nice return on some of those strikes above 3700.
The VIX light is RED
Your Only Option,
By the way, PS – The Fed is set to unleash inflation unlike we’ve seen in FOUR DECADES. But Option Pit (and you!) have a new weapon in Head Income Trader Bill Griffo. Check out his debut webinar from this week that exposes the Fed’s secrets and puts YOU in the driver’s seat. WATCH THE REPLAY NOW
- DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. Neither Option Pit LLC nor its employees do not offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational and educational purposes intended is at the user’s own risk.
- Option Pit LLC is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented materials. Option Pit LLC IS NOT AN INVESTMENT ADVISOR OR REGISTEREDRight BROKER. Specific trading ideas or strategies discussed in the presentations or materials are entirely illustrative and do not constitute a solicitation of a transaction (or transactions) or a recommendation to execute a particular transaction or implement a particular trading strategy.
- To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Use caution when entering any option transaction and it is recommended you consult with your financial advisor for investment, legal or tax advice relating to options transactions.