[Options] Mixed Messages

Man… at midday today when I was conducting this week’s Jam Session, the market was getting pummeled. At least, that’s what one would think if they looked at the major indexes.

But the real story is (was) that the mega caps were getting hit hard, but outside of that, most stocks were seeing pretty muted action – at least in my portfolio.

Curiously, the stocks I have short positions in were my leading gainers on the day.

Talk about confusing!

In this week’s Jam Session, I talk about the current state of the market and what VIX is signaling to me, as well as updates to a bunch of open positions.

Buckle up!

Sean McLaughlin | Chief Options Strategist, All Star Charts