At Option Pit Mentoring, we have to teach option mentoring students to unlearn or ignore sometimes as often as we actually teach things. Take volatility for instance.
During the last few weeks we at Option Pit have been discussing, all the happenings with the SPX. This is because it is the largest, most active, and mo
At Option Pit we are not always right. With the Contango we saw in the VIX (which still persists) I was telling my option mentoring students that I thought we might turn around. Then I
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.
The VIX was up about 3 points today. The VXX was up over 1.5 points. How much was IV up in ATM SPX today?
So I thought I had to write today's daily SFO. I didn't, but I had already written my piece. I thought I would post it here. Keep an eye out for tomorrow Daily SFO by me!