Fast Market - October 24, 2025 - Fast Market: Eight Trades Executed as Volatility Gets "Smoked"
Update: 2025-10-24
Description
Hosts Nick and Mike conducted a highly successful Fast Market session capturing 8 of 10 viewer trades as volatility collapsed dramatically during the risk-on rally. The standout trades included an MCL crude oil 55-65 iron condor with $1-wide wings at $3.10 credit (Nick legging in by adding 67-69 call spread to existing put spread), CoreWeave November 100 puts at $3.15 after stock surged $6 on the day, Micron 185-250 10-point wide iron condor at $6.50 in November monthly (avoiding December earnings), TLT call zebra 90-91 for $2.34 representing "stock rental" for 200 bucks versus full share capital, and NVIDIA 200-strike November-December calendar with Mike doing diagonal variant. The session emphasized smart capital allocation, with Nick explaining why zebras and poor man's covered calls make sense in low-vol products like TLT (13% IV) versus tying up capital in shares. Reddit contributor "Avocado" received praise for multiple winning suggestions including VST which gained significantly. The hosts warned about position sizing in volatile names like IONQ and USE, noting Jamal's 40-strike calls sold at $2.20 now dramatically lower, while markets showed unusual strength with Russell and NASDAQ leading gains despite bond weakness.
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