Following on the heels of last week’s outstanding 35% gains. We made 25% YESTERDAY. Not a typo. And my small cracker test account I started three months ago with $5k I am up to $100K. That’s nearly what most people make in a normal year IN ONE DAY!
This is going to be a quick drive by post as I have my second crypto trading masterclass scheduled for tonight at 4:00pm Eastern. Be there or be square! Anyway, yesterday’s drop in equities at first look like the real McCoy but then – true to form – yet another floor materialized late in the session.
As you may recall I hosted my first live webinar last Sunday. Never having done a live online session I almost soiled myself in the first few minutes as I was more nervous than a long-tailed cat in a room full of rocking chairs. After about two slides I loosened up a bit and we ended up having a lot of fun.
In case you wonder, no I didn’t just pull that one out of my rectum, and yes it’s a real thing. In fact vomma is officially listed as one of the option greeks (check it out over on Investopedia). And it also happens to be one of the more exotic indicators of implied volatility that is very carefully monitored by professional option traders. And let me assure you that they are ALL keeping a very close eye on it this very week. But why?