Last Week Never Happened

Pit Stop [fstp, logo, header] August 12, 2024 [ag views, logo, header] Last Week Never Happened If you look at where VIX is now and a week ago Friday, Monday came and went. Essentially the short volatility traders did not see a market ending event and sold more options last week. That is really the only explanation for it. The 5 day chart for VIX is below: [ded] The 10 day chart for VIX is below: [ded] As nuts as it sounds, VIX is actually lower than where traders thought it should be 10 days ago. Yes there are more Iran/Israel tensions but those have been around since October. The big difference is the weekly volatility in SPX is still bid with a 100 straddle value to Friday so that covers any geopolitical risk premium.. If the PPI number is even just ok, I don’t see how we don’t take 5400 by the end of the week. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [logo, fvix, header,] Will VOL start to come down? Hey traders, In today's look-ahead video, we'll analyze the major indexes and whether VOL will start to calm down. [Let's Dig In!]( [ded]( [Click here to watch the video!]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [frep] Ticker Highlight Show Hey Traders, This week we're doing something a little different... Instead of picking a stock like usual, we're going to cover everyones favorite metric VOLATILITY! [Join us here.]( - Mark --------------------------------------------------------------- Receive the Option Pit "Ticker of the Week" breakdowns as soon as they are released. [Click this link to sign up!](  [fpri] Markets WILD Ride is Just Beginning Hey Income Hunters, The weak unemployment report followed by the unwinding of the Japanese Yen carry trade has turned markets upside down … There are many warning signs that the everything bubble in the US is beginning to burst and the one that stands out most is this: This week US Bonds did not drop nearly as much as they have in the past on what was the 3rd largest spike in 25 years …  [FPRI] This week's market events will likely push the Fed to ease even more than expected (1.5% - 2%) now, pushing inflation expectations up … Normally a weaker economy and Fed easing would be bullish for Bond prices. Will this time be different? [Click through for the inside scoop …]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  Get all your DC Insider info inside of Frank Gregory's "Power Moves" Newsletter. [Click this link to sign up!]( --------------------------------------------------------------- Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. 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