Bullish Trades Cost 50% More
Bullish trades are costing 40-50% more than bearish ones in today's market. That is not a typo. I pulled up equivalent $4 wide spreads in SPY today. Same distance from the money. Same expiration. The call spread costs over a dollar more than the put spread. The reason is skew. And right now, skew is…
The Ice Cube Is Melting. Here's What Happens Next.
Picture an ice cube sitting next to a fire. When it's far away, the cube barely melts. Move it closer, and the water starts pooling fast. In the final moments, it's gone in seconds. That's time decay. And right now, one of our trade ideas is watching the ice cube work in its favor while…
Why Smart Money Is All-In on Gold
Hey it’s Garrett. Eric Sprott just bought more Hycroft Mining at $14.50. The man who's widely considered one of the top three gold market minds in the world has been buying this stock continuously since $3. It's now trading above $16, and he's still buying. When someone of Sprott's caliber doesn't stop buying after a…
The Slop Trader's Confession
I'm sitting here getting frustrated, waiting for my reversal, and I'm just not getting it. But you know what? I'm not gonna force anything in what is a fairly slop marketplace. That's the thing nobody tells you about professional trading - sometimes the best trade is no trade, and it pisses you off. Right now,…
FedEx Beat By 20%. The Stock Got Destroyed
FedEx delivered earnings yesterday. They beat estimates by 20%. The stock reversed $27 intraday and closed in the red. I got two emails last night from traders who bought the after-hours spike. They wanted to know what went wrong. I told them the same thing I've told everyone for 38 years. Never, ever, ever trade…
Friday, December 19, 2025 - Tony's Pre-Market Playbook
OPEX in Play — Let the Tape Breatheby Tony Rago Big OPEX on deck after a wild, wave-filled week, and that alone can change the character of the tape. When options expire, positioning pressure often eases, which can lead to more two-sided trade and wider rotations. So far, bulls have done a solid job containing…
Big Bet Against GOOGL
Google closed yesterday at $177. Yesterday at 10:52 AM, someone spent $1.4 million on a single trade. 10,000 put contracts at the $160 strike, expiring January 23rd. All bought at the ask price. And the Ghost Prints Console picked it up as it happened. That's not hedging. That's directional conviction timed to year-end events. Let's…
CPI Data Is Incomplete
Blake just uncovered something buried in today's inflation report that changes everything about how you should position for the rest of the year. The BLS released their "catch-up" CPI data for October and November. The problem is they only captured three categories out of the entire report. New vehicles, used vehicles, and gas prices. That's…
Lies, More Lies, and This Morning's Data
The market rallied 87 points this morning on inflation data. Consumer prices supposedly slowed to 2.7%. Jobless claims came in light. Wall Street grabbed the numbers and ran. I watched from Chicago as the algorithms locked into a feedback loop. Micron beat earnings. The macro data looked dovish. Two catalysts gave the perma bulls exactly…
3 Plays To Take Today
I Just wrapped up another Schwab TV appearance, and I had to break some hearts today. Everyone's losing their minds over Netflix and this Warner Bros merger saga. Here's what I told them - push the noise aside and look at what the chart's actually saying. Sometimes the obvious contrarian play sitting right in front…