Dear student,

Last week, not only did I give all the options sellers out there my list of the market’s most expensive options…

I put the spotlight on two of the most important options “Greeks”- Delta, which tells you how much your option will move; and Vega, which measures Implied Volatility.

Vega is particularly important right now…

We’re in the thick of earnings season, with more than 1,600 companies reporting, including heavy hitters like Tesla Inc. (TSLA), The Boeing Co. (BA), General Motors Co.(GM), American Airlines Group Inc. (AAL), and United Parcel Service Inc.(UPS) all reporting this week.

Next week, the spotlight will be on the rest of big tech – Alphabet Inc. (GOOGL), Apple Inc. (AAPL), Microsoft Corp. (MSFT), Meta Platforms Inc.(META), and Amazon.com Inc. (AMZN)… and big oil at the end of the week!

Needless to say, implied volatility is about to go UP.

So finding cheap options in IV terms could prove difficult.

But that’s what I’m here for – click below to get this week’s cheapest options!

Good trading,

Tom Gentile
America’s Pattern Trader