Recently, I received an email from Mark Wolfinger of Options for Rookies asking me my thoughts on this question. I thought it was a great question, b
One of the biggest differences between Option Pit and other mentoring services is the way we teach our students to approach trading.
This just in, when volatility pops, calendars tend to lose and lose big.
It is common knowledge to most traders that when the market rallies implied volatility tends to fall.
With the continued turmoil in Egypt the market has seen a nice uptick in implied.
Option Trader's, as I stated in Wednesday's blog:
Hi everyone. Mark asked me to write the blog entry for today. I want to share with you a little piece I wrote for the partners of my hedge fund.
One of the things I am constantly trying to explain to my option mentoring students is what the VIX really represents. Many people like to call it 'the fear' index, or pitch it as a true meas
One of my option mentoring students favorite earnings plays is AMZN. As such I was reviewing a chart of 30 day IV in AMZN seen here:
I teach my option mentoring students that for the most part, when the market goes up, implied volatility falls. This is generally true, not just on a strike to strike bases, but in terms of t