Don Kaufman here. Just wrapped up another appearance on Schwab's Big 3, and I've got to tell you - this was one of those sessions where the obvious plays and the smart plays were pointing in completely opposite directions. You know me. I love finding opportunity where everyone else sees disaster. Th
Don Kaufman here. I was staring at two butterflies this morning and the market wanted to charge me $1.15 for a call butterfly that I could get for 35 cents on the put side. Same damn trade. This is exactly why most traders lose money - they don't understand how skew is robbing them blind.
Don Kaufman here. I woke up this morning and the S Ps were up 40 points. By the time I hopped on my live trading room session, they were already cut that in half. But here's what's got me perplexed - and this is the signal everyone's missing. The Market That Doesn't Trust Itself When you're
Don Kaufman here. Markets just hit the warning signal I've been waiting for. 87% of stocks moving in the same direction this morning. That's not bullish or bearish – that's the setup for something much bigger. I talked about this literally yesterday. The sign of big moves coming? High degrees of cor
Don Kaufman here. At 9:34 AM this morning, Tesla dropped $7 in four minutes. "That crap should not be occurring," I called it live in the TheoTrade Chatroom. Even at 60% implied volatility, the math doesn't support moves that violent, that fast. Then something fascinating happened. The market bounce
Don Kaufman here. The sector rotation game is getting dangerous. While everyone's watching the S P bounce around breakeven, here's what's actually happening: We've got a 50/50 advance-decline line with tech getting hammered underneath. That's not healthy market action—that's the setup for something
Don Kaufman here. After +20 years in this business, I know which traders survive market chaos. And which ones get their heads ripped off. Yesterday, the S P moved a whopping 30 points. And 71 million option contracts traded. Last Thursday and Friday? 84 million and 83 million respectively. Those are
Don Kaufman here. Last Thursday, we traded over 84 million option contracts. The average is 58 million. Nothing happened in the market that day. Nobody in the industry can explain why. Let me paint the picture: Wednesday, Thursday, and Friday of last week were some of the quietest trading sessions I
Don Kaufman here Someone asked me my win rate on a webcast yesterday and I turned red. Seriously. Like, I get so pissed at that question it's almost as bad as when somebody says "quadruple witching." My blood pressure spikes and I want to reach through the screen. You know why that question makes me
