I sat and listened as a CNBC commentator noticed how much the fear index (VIX) was up today.
While we at Option Pit Option Mentoring concentrate on many portions of option trading, our primary focus is income option spreads.
Now that Option Pit Options Mentoring has been in the education business for a whopping 8 months I have a much clearer picture of what it is that makes
Option traders that read this blog, and certainly our option mentoring students likely have a strong understanding of the concept of the term structure.
Many clownish option mentoring firms will actually call a calendar a good way to hedge the short vega from income spreads.
If you were one of my option mentoring students, or a regular reader of the Option Pit Blog I think you know what I am about to write.
I don not think you have to be one of my Option Mentoring Students to notice that IV’s are on the move. It has been an interesting couple of weeks since we last posted our State of the Volati
On Friday, I noted to my option mentoring students during the AM Pit Report that there was going to be very little liquidity the entire day.
Option Traders, we have had a couple of very interesting back to back trading days. Yesterday, we saw the market take a dive, only to roar all the way back to unchanged. Today, the mark