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Option Pit Volatility Report 7-31-18

Option Pit Volatility Report 7-30-18

Option Pit Volatility Report 7-27-18 Mixed bag of earnings but RUT is ugly

Option Pit Volatility Report 7-26-18 Ouch???

Trading Earnings With Options Webinar 7-25-18

Option Pit Volatility Report 7-25-18 Green Day...not just a band

Option Pit Volatility Report 7-24-18 Earnings!

Option Pit Vol Report 7-23-18 Financials up

Option Pit Vol Report 7-20-18

Option Pit Vol Report 7-19-18  RUT again?

Option Pit Vol Report 7-18-18  Quiet for now as earnings follow

Option Pit Vol Report 7-17-18  IWM leading the way higher

Option Pit Vol Report 7-16-18  Waiting on earnings

Option Pit Vol Report 7-13-18  The canaries are back

Option Pit Vol Report 7-12-18  NDX is leading the way

Option Pit Vol Report 7-11-18  Do we buy the dip?

Option Pit Vol Report 7-10-18

Option Pit Vol Report 6-29-18 Market is off to the races as we reach the end of the quarter.  How low can VIX go?  How high can oil go?  What's next with financials?

Option Pit Vol Report 6-28-18  This might be the top in vol

Option Pit Vol Report 6-27-18  Off to the races

Option Pit Vol Report 6-26-18  Market bouncing back

Option Pit Vol Report 6-25-18  Over Reaction?

Option Pit Vol Report 6-22-18  ROTATE!

Option Pit Vol Report 6-21-18  Set up?

Option Pit Vol Report 6-20-18

Option Pit Vol Report 6-19-18

Option Pit Vol Report 6-18-18

Trade Idea of the Week  6-15-18

Morning Vol Report 6-14-18

Morning Vol Report 6-13-18:

Morning Vol Report 6-12-18:  Melting Higher

Morning Vol Report 6-11-18:  Melting Higher

Morning Vol Report 6-8-18  I think vol will back off

Morning Vol Report 6-7-18 Market will move higher...again

Morning Vol Report 6-6-18 Airlines are soft, rest of market looks strong and financials are recovering

Morning Vol Report 6-5-18 Oil and financials soft, tech is strong

Morning Vol Report 6-4-18

Option Pit Idea of the Week: SMH

Morning Vol Report 06.01.18 With Italy resolved & great NFP, markets are higher

Morning Vol Report 05.31.18 Market taking a breather, XBI up big

Morning Vol Report 05.30.18 Italy recovering, RUT at an ATH

Morning Vol Report 05.25.18 Oil pulling down S&P, NDX is green

Morning Vol Report 05.24.18

Morning Vol Report 05.23.18  This seems like a fade.

Morning Vol Report 05.22.18  Will sleepy market paste vol in Memorial Day?

Morning Vol Report 05.21.18  Mnuchin says trade war over & SPX soars

Morning Vol Report 05.18.18  Will NAFTA crush stocks?

Morning Vol Report 05.17.18  IWM off to the races

Morning Vol Report 05.16.18

Morning Vol Report 05.15.18

Are we ready for a single digit VIX?  05.14.18

Are we ready for single digit vol again?


We just put in a drop to the 12 handle in VIX for two days in a row.  One would have to travel back to Jan2018 to taste those numbers.  For whatever reason IV is discounting the news out of Washington DC as opposed to caring about every twist and turn in February.  Will it continue?

I posted a chart from  VIX Central and notice the Jun VIX future is about 1.50 over cash.  That is a little light for me and with VIX this low the premium should be bigger.  Either the vol market is expecting another .50 or more crush in VIX or juice sellers got a little ahead of themselves.  We are setting up a “deep contango” trade where VIX could fall apart, ATM IV to 9%, which would produce lower numbers.  It is something to keep an eye on.  This usually spells more downside for UVXY, VXX.

The steeper the future premium the larger weight on the vol products.  The trick is how much.  If you want to learn about this sign up for tomorrow’s FREE  webinar here.

Disclosure: Positions in VIX, VXX for Karman Line Capital, LLC

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Morning Vol Report 05.14.18