How Option Pit's Founder Is Playing the Recent Market Volatility

Mark Sebastian from Option Pit discusses the anniversary of Volmageddon, highlighting the unique volatility events of 2018 and comparing them to past years. He explores the potential for future volatility, the impact of the Fed's rate decisions, and international economic issues. Sebastian also shares a bullish trading strategy for the S&P 500 using VIX options, emphasizing the cost-effectiveness of hedging against potential market volatility.

What significant event is being marked in the discussion?

• The launch of a new stock exchange

• The introduction of a new trading algorithm

• The one-year anniversary of Volmageddon

• The anniversary of the 2008 financial crisis

What is one reason mentioned for the current market rally?

• Increased consumer spending

• The Fed pausing rate hikes

• A new trade agreement with Europe

• A surge in technology stocks

What economic issue is highlighted as a concern internationally?

• China potentially being in a recession

• A housing market crash in Australia

• Rising inflation in the US

• A labor shortage in Japan

What is Mark Sebastian's outlook for the S&P 500 in the next three months?

• Bearish

• Neutral

• Bullish

• Uncertain

What financial instrument does Mark suggest using to hedge a long equity portfolio?

• VIX options

• Cryptocurrency

• Gold futures

• Real estate investment trusts