You don’t have to be one of my option mentoring students to be aware that the market has a had a few gyrations over the last few days. This was caused almost completely by a major pop in oil
My option mentoring students, and even my non-option mentoring students, have probably heard me discuss how the VIX is inacc
During the AM Pit Report (which is always free), I was analyzing the market today for several of my option mentoring students.
The VIX got smoked today, however the volatility surface did not move in uniform at all.
During a mentoring session today, an options mentoring student of mine mentioned that IV was definitely in today.
Today was the type of day that could give an option trader hope that the increase in implied volatility is coming near the end: The VIX did not close on its high's and, the SPX managed to hol
Option traders, on a day where we see a huge VIX spike: