The VIX Is Down 30 Cents While the Market Sells Off. Tony Battista Says That Changes Everything.

本站添加: 2026-05-25

[00:00:00]All right, everybody. What am I looking at today? Well, first, you know what I'm always going to ask you for. Please like and subscribe. We love it when you do that. Helps us keep the lights on here at tastytrade and keep everything free for you. Well, today, a kind of interesting market. Volatility not expanding at all. Forward / VX down 30 cents with the market down fairly big the last couple of days, yet no type of capitulation in the market from a volatility standpoint. And for that reason, I'm going to avoid the market and I'm going to go into something called crypto. IBIT is the crypto ETF that I'm going to use.

[00:00:39]Now, you can see here it's at the lower end of its range. come down from around 46 to 43. I'm going to let the market beat me. Matter of fact, this is a trade I'm putting on cuz I'm complacent in the overall market. I actually hate this trade. Why do I hate this trade? Cuz it's a small amount of credit, but relatively small amount of buying power used, too. I'm going to sell the 40 puts, which have around a 25 delta, classic naked put. If I was bullish, this would have 24 long deltas, 76% pop.

[00:01:13]If you're bullish on crypto, good stand-alone trade. I'm going to couple that with another good stand-alone trade. I'm going to sell the 46 call.

[00:01:22]Approximately the same amount of delta, maybe a little bit more, maybe give me a little bit of short delta here, six short delta here. I did this at 169. Mid price is 171 right now. You could do it a couple of pennies better than me.

[00:01:37]Buying power relatively cheap in a portfolio margin account, $205 for about 170. I got $169 in buying power, $169 in credit. 60% pop for 31 days. Good theta decay of almost $5 a day in theta decay. My max profit is going to be capped at whatever I sell it for, but you know what? I'm only looking for like a 50 cent profit in here. This is a place for me just to rest and park my money cuz I don't know what I want to do in the equity markets, but I know what I want to do with my accounts. I want to bring them, move them, trade them, bring them to tastytrade. That's right. You could trade crypto, you could trade forex, you could trade futures, you could trade options, you could trade everything under one platform, the number one platform in the galaxy.