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A quick note about, VIX, and SPX IV

Traders, this is just a quick reminder.  IV is not down right now in the sense that most pros see it (hint:  If I am not making money from Vega, vol is not down).  The weekend decay

Trade Selection Webinar

Don't forget, tomorrow I will be giving a webinar on trade selection to The Option Club. Webinar starts at 10 AM EDT.

Can Changes in VIX Option IV tell us anything, VXX Trade Update

I am not a big proponent of VIX options under normal circumstances.  I think the VXX is a far easier option to trade, as the underlying is easy to get a quote on.  That said, there are so

Check Us out at SFO

I wrote today's Daily SFO, read it here: SFO MAGAZINE

The State of volatility in SPX 7-28-2010

It is time again to stop and take a look at the SPX.  What is the realized volatility, what is the implied volatility?  Should I be trading condors, butterfly's calendars?  You have

Guest Blogger Michael Chin: Option Pit Student and author of Trading Intuitively

Those who have been trading for a while know that trading is a high performance profession.

Why the VXX trades more like Oil than AAPL

Option Traders,

The Winners Are

Winner 1: Dennis

VXX 20/24/25 AUG for a credit of $1.75

The View from the "Virtual" Option Pit-With ODI (Mark Oldani)

 

"Water, water everywhere...not a drop to drink"

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