Traders, as an option mentor I am constantly asked by my option mentoring students where I think the market is heading.
I was in the middle of an option mentoring session today when a rather smart option mentoring student asked a rather common question: Why does the VI
Option Traders, as an option mentor one of my goals is to be as modest in victory as I am in defeat.
At Option Pit we have been discussing with our the main focus of discussion between our option mentoring students is how we think we are on the uptrend of a slow downward oscillation.
As an option mentor one of the things I have noticed is that when sentiment stinks the market tends to bounce. The pattern we have been seeing in volatility where we hit lower lows and lower
I was working with an option mentoring student today when we realized that SPX skew is at the flattest on the put side it has been in weeks. The calls are also relatively cheap.
Yesterday during the Mid-Day Pit Report I was pointing out how wide the IV spread was between September and October. With the market up on the day I pointed out that the implied volatility sp
It has been a crazy month of trading...or has it. The buzz word at Option Pit Mentoring has been the Hindenburg Omen. Mentoring students keep sayi
We will talk about yesterday's aftermath, look at vol spreads and talk EEM
I was in an option mentoring session yesterday working with one of my brightest students when we began looking at the SPX September-October call spread. The spread had a mid price of about 13
