About Option Pit Mentoring

About Option Pit Mentoring and Consulting

Option Pit is a full service online option mentoring program for option traders dedicated to meeting the needs of today’s potential professional option traders.  The option trader programs include three pillars of success; Trade Structure, Risk Management, and the Efficient Use of Capital.  These pillars were developed by ex Amex and CBOE market maker, professional trader, and option mentor Mark Sebastian.  Option Pit is designed to improve the risk management and returns of all levels of option traders, from the new option trader to the professional option trader.   

Option Pit provides everything professional and aspiring professional option traders need:

  1.  Group and One on One Option Trader Mentoring 
  2.  The Pit Report, a daily option trading lesson based on current market conditions
  3.  Customer Service and Support

For newer traders, looking to become full time option traders, we will show you how trading options for income can become a full time career.

For Professional traders, our professional option trader’s course is the most advanced and in-depth course available. Option Pit’s exclusive professional option trader’s membership is designed to provide the support full time professional option traders need.  At Option Pit, professional option traders can connect to professional option traders.

Trading options is not easy.  Traders need the right support, found only at Option Pit Mentoing and Consulting.

Mark Sebastian: COO and Director of Education

 

Mark Sebastian is a former member of both the Chicago Board Options Exchange and the American Stock Exchange. He is the Chief Operating Officer of Option Pit Mentoring and Consulting, a Chicago based option education firm.  Sebastian has been published nationally on Yahoo Finance, quoted in the Wall Street Journal, Reuters, and Bloomberg and is an ‘all-star contributor’ for TheStreet.com’s Option Profits Team.  Mark is also, the managing editor for Expiring Monthly: The Option Traders Journal an all digital, all options magazine.  Mark has spoken for the CBOE, the ISE, CME, VOLX and is a co-host on the popular ‘Option Block’ Podcast and is the ‘Volatility Reporter’ for the Volatility Views podcast.  Mark has a Bachelor’s in Science from Villanova University.


Andrew Giovinazzi: Chief Options Strategist

 

Original 3 Andrew Giovinazzi 1931.jpg

Andrew Giovinazzi was a member of both the Pacific Exchange and the Chicago Board Options Exchange where he made markets in both equity and index option classes.  During that period he never had a down year.  In 1991, Andrew started and ran the Designated Primary Market Maker post for Group One, ltd in Chicago.  He was instrumental in creating and managing a training program that allowed Group One, ltd. to significantly grow the company.  He left Group One, ltd. to co-found Henry Capital Management in 2001.  He became Option Pit Mentoring's Chief Options Strategist in the Fall of 2011.  Andrew has a bachelors degree from the University of California, Santa Cruz in Economics.

 

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From our Feed

Traders,  something HAS to give in this market place.  As many of you know, realized volatility has been in the toilet.  This means that the market has been doing little to nothing for sometime.  Today,  30 day Historical volatility is going to close at under 13%!  That is unbelieveably low.  We can see the slow move in the SPX, and its HV falling off a cliff in the chart below:

SPXV.JPG

Graph from livevol (r) www.livevol.com

February 2, 2012 | 0 Comment(s)