Option Pit Live
Are you a new or part time option trader looking for actionable trade ideas? Are you a newsletter subscriber that is looking for the how to trade as much as the what to trade? Are you an active trader looking to reinforce trading concepts, receive market commentary, and improve your trading knowledge? Are you a professional trader looking for daily market analysis, volatility commentary, and trade suggestions from seasoned option trading professionals? Option Pit Live is for you.
What is Option Pit Live?
Option Pit’s Live, Option Pit’s subscription service, is designed to feed option traders the best actionable options trading content on the web. Option Pit Live is a combination of daily live market discussions, our library of previous discussions, premium written content, and community access designed to improve your knowledge of trading as well as produce actionable ideas for traders new and old alike on a daily basis.
Live Daily Market Discussions
Presented live every day for 30-45 minutes, our large group option mentoring, or ‘Pit Report’ is designed to include content simple enough for the most novice option trader while providing valuable insight that even the most advanced trader will find useful. While focused on options the report also includes discussions on stocks and commodities. A recording is posted later that day for those that are unable to attend the event live and subscribers have access to the complete archive which includes thousands of hours of content.
The Pit Report
The Pit Report is a daily large group mentoring session taught LIVE
- Speculative Trades: the trainer will go over one or more interesting speculative trades on a daily basis
- Short Premium Option Trades: the mentor will enter and manage condors, butterflies and calendarsin a small portfolio. Traders will be able to watch, in an easy and understandable way how true professionals trade, decide on entry, adjust trades, and exit points.
- Teaching: the educator will pick a subject to discuss, or answer a set of student questions every day.
The Option Pit Strategy Letter
The intent of the Option Pit Strategy Letter is to extend the option coaching we do daily at the Pit Report. The Daily Strategy Letter is:
- Actionable Directional and non-directional trades: the option pit team will frequently enter what we consider to be favorable trades and include a description of why we are executing
- Daily Trade Adjustments: as dictated by market conditions along with a description of how and why we are adjusting
- Gamma scalping, Front Spread and Volatility Arbitrage tutorials: lessons on some of the finer points of trading
- Closing of Trades: Positions are carried in print over the life cycle of the trade so subscribers learn how positions evolve
The Option Pit trading community is one of the fastest growing trading communities on the web. Interact with other traders via live chat during the pit reports. Write on our subscriber only message board. Write comments on the daily strategy letter or during the pit reports for the instructors or other students to answer. Dig into the Option Pit Library of content, subscribers have access to the full library of Pit Reports and Daily Strategy letters.