Mark Sebastian is the founder of OptionPit.com and the CIO of Karman Line Capital. Mark is a former market maker on both the Chicago Board Options Exchange and the American Stock Exchange. The Author of the popular trading manual "The Option Traders Hedge fund." Sebastian hosts his own CBOETV show 'Track The Trade and is a frequent guest on CNBC, Fox Business News, Bloomberg, First Business News. He has been published nationally on Yahoo Finance and Barron's, quoted in the The Economist, The Wall Street Journal, Reuters, CNBC, & Bloomberg. Mark has spoken for The Options Industry Council, the CBOE, the ISE, The CME, and is a co-host on the Option Block and Volatility Views podcasts.
Mark has a Bachelor’s in Science from Villanova University.
Premium is incredibly cheap now that the news is out.
Crude oil is hanging around $60 a barrel mid-summer with no real demand uptick coming on.
Look for the VIX to back off as we enter earnings season.
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