Professional Traders, Accessible Trades, Engaged Community and Daily Education. Join, Learn & Trade Anytime.

Master Options Trading Like a Wall Street Pro

The 1% of traders that succeed have a mentor, software, and a community. Don’t trade alone. Trade with Option Pit. Our pro trading experts have a combined century of trading experience from the Chicago Board Options Exchange to hedge funds and beyond. We provide new, actionable ideas daily in our free Live State of the Market show from 10-1030am ET, paid trading sessions, paid alerts, trainings, and a world class community of like minded traders that will give you a permanent edge on your trading journey. Start taking advantage of everything we offer by joining our free live daily trading show. Signup to the right!

Trade Live Daily With Option Pit's Experts

Join thousands at our next State of the Market
(M-F, 10-1030am ET)

🔒 100% Secure. We never share your information.

Stop Losing on Straight Options

While retail gets crushed buying Nvidia calls that expire worthless… Trade zone members got alerts for +239% UPS, +178% AMZN, +114% LMT, +107% IWM, and more- all from low-cost, defined-risk strategies in 2025.
Same mega-trends. Dramatically better risk-reward.

Trending Stories

Mark Sebastian

Insider's Edge

Insider's Edge

My Fear Gauge Is A Single Stock

Every trader has a fear gauge and most of them are useless. The VIX tells you what options cost and the put-call ratio tells you

By Mark Sebastian

Andrew Giovinazzi

Market Action

Market Action

The Bond Market Might Have Its Say Yet

Yo Pit Crazies, I didn't expect to see this one. Hedge fund legend Stanley Druckenmiller and Treasury Secretary Scott Bessent, also a hedge fund guy,

By Andrew Giovinazzi

Mark Sebastian

State of the Market

State of the Market

Jackson Hole Was Never About Rates

Hey Trader, Kevin Warsh gave his first Jackson Hole keynote as Fed chair on Friday, and traders spent the weekend arguing about how hawkish it

By Mark Sebastian

Mark Sebastian

Trader's Edge

Trader's Edge

I Was the Kid in the Chevy Commercial

Dear Trader, Little known fact: I was in two TV commercials when I was a kid. They were for a local radio station (Q101) for

By Mark Sebastian

Tim Colby

Reboot

Reboot

Seven Percent, Every Midterm Year but One

Hi Traders, Saturday afternoon I was down to the last window and the last few cuts on a trim project. I marked 34 and a

By Tim Colby

Charlie Delvalle

State of the Market

State of the Market

Mark’s Live Today With Eight Tickers

Dear Trader, Mark and Tim Mark's live today at 10 AM ET, and he's taking three stories head-on and running eight loves and leaves from

By Charlie Delvalle

Andrew Giovinazzi

Pit Report

Pit Report

I Like to Insure This.

Yo Pit Crazies, Oil prices are jumping as rumors of strikes in the Persian Gulf by US forces ratchet up the pressure. I expect the

By Andrew Giovinazzi

Andrew Giovinazzi

Market Action

Market Action

The Donald Might Take Out an Island in the Strait

Yo Pit Crazies, This week is traditionally the last week of summer. I know it varies, but when I went to Cape Cod every summer

By Andrew Giovinazzi

Upcoming Events

FOMC Meeting

2:00 PM EST

Earnings Season Begins

Pre-market

Options Expiration

Market Close

NFP Report

8:30 AM EST

Stay Updated

Get the latest trading insights delivered to your inbox.

OUR EXPERTS

Meet the Team

Over 150 years of combined experience from the trading floors of Chicago to the world’s leading hedge funds.

Mark Sebastian

Volatility Expert

Mark Sebastian, the Founder of Option Pit, is a former member of both the Chicago Board Options Exchange and the American Stock Exchange. He is also the Chief Investment Officer at the hedge fund Karman Line Capital. Mark has authored the popular trading manual “The Option Traders Hedge Fund” and the book “Trading Options for Edge.” He is a frequent guest on CNBC, Fox Business News, Bloomberg, and First Business News. Sebastian has been published nationally on Yahoo Finance, quoted in the Wall Street Journal, Reuters, and Bloomberg. Mark is Jim Cramer’s VIX Expert for TheStreet.com’s Real Money Pro and Mad Money on CNBC. Mark has spoken for The Options Industry Council, the CBOE, the ISE, The CME, and is a co-host on the popular Option Block Podcast and Volatility Views Podcast. He has a Bachelor’s in Science from Villanova University.

Licia Leslie

Executive Chart Analyst

Licia Leslie is a former member of the Chicago Board Options Exchange where she successfully operated her own trading group. She was a market maker in a highly competitive trading pit trading options in over twenty stocks, simultaneously. As a member, Licia chaired the Stock Allocations Committee and served on the Market Performance and Equity Floor Procedure Committees. While raising her family, Licia ran her Interior Design business and then traded Commodities Futures. Returning to her roots of Stock Options, Licia joined Option Pit June 2016. She has a Bachelor of Business Administration Finance from Loyola University and an Associate of Applied Science Interior Design from Harrington College of Design.

Andrew Giovinazzi

Director of Education

Andrew Giovinazzi started and ran the Designated Primary Market Marker post for Group One on the floor of the CBOE in 1991. It became one of the highest grossing posts for the company in 1992 and 1993. Additionally, Giovinazzi had been actively trading and was an instrumental piece creating an option training program for Group One, ltd that allowed the company to significantly grow headcount. Following his career there, he co-founded Henry Capital Management in 2001 and continued as a PCX member until 2006. Andrew joined OptionPit.com, an options education and mentoring service, in 2011 and became COO in 2014. He is also currently the risk manager for the hedge fund Karman Line Capital, LLC.

Frank Gregory

DC to Wall Street Insider

Frank Gregory is a former Hill lawyer and defense industry consultant with over a decade of experience navigating Washington’s corridors of power. His network spans Pentagon officials, military contractors, and intelligence community contacts. Frank translates policy decisions into trading opportunities before they hit the headlines, delivering members gains like 122% in two days on rare earth plays tied to government funding announcements.

 

Bill Griffo

Bond and Securities Expert

Bill Griffo had the unique experience of trading in the wild Treasury Bond Pit in Chicago during the insane inflation of the 70s, as well as traded for the “Wall Street Banks” for over 25 years. He offers a perspective grounded in years of experience trading with the Fed and has an extensive understanding of how Treasury and the Fed operate.

Hans Albrecht

Income Expert

Hans is a veteran options, volatility, and equity fund manager with three decades of professional trading experience. He has worked as a professional options market maker and a portfolio manager, with one of his funds earning a Lipper Award. Hans has directly managed $1 billion in assets and generated over $750 million in options cash flow for investors.

Olivia Voz

Financial journalist

A distinguished financial journalist and television host, Olivia Voz made her mark with successful volume trading strategies. After graduating Roanoke College with a degree in International Relations, her professional journey kicked off as a trading assistant at a Wall Street private placement firm. Her prowess in client relations and finance made a seamless transition to becoming a reporter at the NYSE. There, she interviewed best selling authors, and high performing traders and economists, such as Peter Tuchman and Jim Rickards, who gave her the nickname ‘The Voz’. Olivia has been the face of Modern Wall Street and Money Morning, has appeared on numerous networks including Yahoo Finance, Bloomberg and Sirius XM Business Radio. She’s known for using the volume profile as the center of her bold claims, market predictions and trades.

Hannah Selner

Option Pit Research

Hannah Selner is the Director of Product Development at Option Pit and the creator of the proprietary CRT (Consistently Profitable, Repeatable, Teachable) framework that serves as the company’s uncompromising quality-control standard. As the architect of the three-stage CRT Protocol, Hannah ensures that every trading strategy Option Pit offers is rigorously beta-tested with real money, stress-tested across all market regimes, and refined until it can be clearly taught to members. Acting as the vital bridge between Option Pit’s traders and its educational mission, she translates complex ideas into actionable, transparent instruction while maintaining the firm’s “no hope-and-dream gains” promise. If a strategy doesn’t survive Hannah’s CRT gauntlet, it never sees the light of day—making her the guardian of Option Pit’s reputation for honesty and consistent results.

Tim Colby

Tim Colby

Tim Colby is a macro trader and strategist with 15 years of derivatives experience spanning the AMEX and CBOE trading floors through managing a discretionary macro portfolio. He built strategies that scaled past $200M in AUM, delivered 75% profitable months with no losing years, and earned a Pinnacle Award nomination for best three-year discretionary return. He trades his own capital and publishes research through Option Pit.

LEARN & GROW

Educational Videos

Learn from the pros with our comprehensive video library covering everything from basics to advanced strategies.

Video thumbnail

OPM Advanced Concepts: 08.07.2024

Video thumbnail

OPM Need-to-Knows: 08.01.2024

Video thumbnail

OPM Essential Trading: 07.29.2024

Video thumbnail

OPM Essential Trading: QQQ + Big Tech 07.08.2024

Video thumbnail

OPM Advanced Concepts: Debate Trade 06.26.2024

Video thumbnail

OPM Essential Trading: CBOE, CSCO 06.24.2024

Video thumbnail

OPM Essential Trading: Post-OPEX SPX 06.17.2024

Video thumbnail

OPM Need-to-Knows: CBOE, MMM, T, WBA 06.13.2024

Video thumbnail

OPM Essential Trading: CSCO, CVS 06.10.2024

Video thumbnail

Pro Small Group: Backspreads 06.06.2024

Video thumbnail

OS Shopping Spree: COST, CVS, AA, SBUX, AAPL 06.04.2024

Video thumbnail

OPM Need-to-Knows: MMM 05.30.2024

Get Trading Insights Delivered to Your Inbox

Join over 50,000 traders who receive daily market analysis, exclusive strategies, and expert commentary.

Subscribe Now

No credit card required. Unsubscribe anytime.