Option traders, the VIX was down today, mostly from upside calls getting smoked and the market moving up the volatility curve.
Most of our option mentoring students do not trade options on the CBOE Implied Volatility Index (the VIX) except as a hedge against a position or as a speculative short term play.
Before Starting, if you did not have a chance to read my two part piece on Toyota, I wrote for TheStreet.com, please read it:
Coming back from vacation today, several of my options mentoring students were wondering whether the iron condor might make some sense right now.
It's back, the OptionPit.com Bracket-Buster Challenge! We are running a open pool without an entry fee; the top 3 entries will receive great prizes including, free mentoring and other Op
Hi everyone. Following up on yesterday’s blog on money management, today we will review how I size the trades at my hedge fund.
Hi everyone, I just wanted to share with you some thoughts on Money Management that I use when managing my hedge fund.
Today's guest blogger is Trader, and Option Pit Student Mike Schwartz.