Andrew Giovinazzi Taught Hundreds of Floor Traders How to Make Millions – Here’s His Secret

Dear Profit Takeover reader,

I owe all my success with options trading to two things:

#1 – The options training program that Andrew Giovinazzi created. This taught me the basics and gave me a strong foundation for options trading.

#2 – Understanding and utilizing VIX and volatility as indicators to know when and how to execute and manage my trades. 

This week, I traded the open with Andrew and we covered all the basics that brought me – and other successful traders – to the point we are today.

Andrew is the best trader trainer in the world when it comes to mastering options trading – hundreds of market makers have made millions using skills they learned from Andrew.

One of the most important parts of being a successful options trader is learning to utilize VIX.

VIX is the ticker symbol for the Chicago Board Options Exchange’s CBOE Volatility Index. It measures the stock market’s expectation of volatility based on S&P 500 index options. When I talk about volatility in the market, I am talking about VIX. 

How mastery-level options traders use VIX – 

1. When VIX changes direction – that means the market is changing sentiment. 
2. When the VIX curve changes shape – contango vs backwardation. These signify MAJOR moves in the market phases.
3. When volatility changes quartile zones. (In 2023, for instance, we’ve seen volatility stay in zone 3.)

Andrew and I broke these three topics down even further in this clip. If you missed us live, make sure you check this out. It’s essentially Understanding Options 101:

Until next time,

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