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
I have always been a little wary of the trading the weekly options for an income portfolio. Inherently, I was thinking the risk reward makes no sense. The argument I always get is that
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?
Yesterday:
I am not a big proponent of VIX options under normal circumstances. I think the VXX is a far easier option to trade, as the underlying is easy to get a quote on. That said, there are so
The market ping pong continues. The SPX and SPY have no conviction in either direction. I expect short term IV to rally because we are nearing the top of the SPX range of about 1100.
I want to flash you traders back to the flash crash. The fund I work with was trading had entered a May OEX butterfly that had been doing reasonably well, until the first week of May.&n
