I will be making a special live appereance in Chicago on October 21st: Using Volatility to Improve Futures Trading. This is going to be a one of a kind event. Special pricing for Option Pit Clients, Price Futures Clients, or new accounts.
3 Day Special!!!: If You are reading this blog you can get the Option Pit Client discount, use code OPBLOG to receive 500.00 dollars off of the price! Of Ends on October 1st!
To Get more information or Register click here.
If you didn't read yesterday's blog post, you should read it today. Because what we are seeing today are almost exactly the points I brought up in my arguement yesterday.
1. SPX rallied harder than IV fell
2. VIX futures term structure is scary
3. Bond Yields are super high
The last time the SPX closed around 1175, IV was a good deal lower than it is today. Take a look at the chart:
Thanks to all for the kind words about the Bloomberg TV appearence. I should have the video in the next couple of days.
We are looking for smart, high net worth traders to join our L3 Professional Trader's group. Interested in talking to pro's throughout the day, looking to assist in researching new ways to trade, looking for exclusive discounts on everything from analytics to brokerage, and get the best one on one education a trader with portfolio margin can get? Call us (888) Trade-01 or email me mark@optionpit.com to apply for admission.
Graphs from LiveVolPro
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