And the Volatility Marches On…

Posted On January 7, 2022 3:07 pm

Over the last few days, we’ve discussed what we are seeing in the markets, what sectors are under pressure, which sectors are seeing support, and we’ve speculated as to why it is happening. 

I enjoy trying to figure out why the market is doing what it is doing.  But the most important thing to do is to turn what we see in the charts into profitable trades

Don’t get me wrong, I am a news fanatic.  And I’m intensely interested in what is happening in the market on a personal level. 

That said, I don’t let my belief about what is happening to interfere with what the charts are telling me.  

I always tell you, you trade the market you have NOT what the market should be.  

As I write this we have another divergent day between the Dow (up around 100 points) and the Nasdaq (down around 100 pts), with the S&P flat for the day.  

We will see where the rest of the day takes us…

But for now, I am watching several positions for next week.

You’ve already missed the new UPS trade we put on earlier this week, don’t miss another one. 

Remember, we were up over 80% last year in Options360, and a significant amount of that return materialized in the volatility over the last new months of the year.  

And we are STILL seeing that volatility play out. 

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And join us in making 2022 a record year!

To Your Success,


About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.