Kevin Davitt

Kevin Davitt

Kevin Davitt is a Senior Instructor for The Options Institute at CBOE, the educational arm of the Company. Davitt joined CBOE in 2015. Prior to his work with The Options Institute, Davitt was a successful Market Maker on the floor of the CBOE for LETCO Trading/TD Options as well as Market Street Securities. Davitt traded a number of Russell Indices between 2003 and 2007. Kevin also has extensive experience in commodity trading. He has worked with retail and institutional clientele in the markets. Davitt has provided commentary for Bloomberg, Reuters, Barchart, Inside Futures and various other market based media. He is a graduate of Marquette University (Finance and Political Science). Kevin is a proud Evans Scholar Alum. Outside of work he enjoys time with his wife, young son, and dog. Kevin likes to read, run, and see live music.

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Options Trading For Beginners: Market Timing

Market timing is everything in investing, but when you have an egg timer running constantly it makes your opportunity for success that much more difficult.  That is what we face as option traders.  Now, as option sellers we have the luxury of time being on our side, preferring to let options decay and take in […]






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Big VIX Spreads, the Fed, and the Flattening Yield Curve

Tomorrow afternoon (1 P.M. Chicago time) the market will digest the minutes from the April FOMC meeting. In advance of that release (which happens after every FOMC meeting) two (non-voting) Federal Reserve Board Presidents, John Williams (San Francisco) and Dennis Lockhart (Atlanta), both gave speeches that indicated the Fed could hike rates again as soon […]






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Non-Farm Payrolls, VIX, and the Fed Ahead!

The monthly Employment Situation, or Non-Farm Payroll data will be released before the market opens tomorrow (5/6). This tends to be a market moving event, and given the “data dependency” of the Federal Reserve Open Market Committee (FOMC) and Chair Yellen’s emphasis on the health of the labor market, these are particularly meaningful data points. […]






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The Blame Game

Plenty of ink has been spilled about the selloff in global equity markets including SPX and RUT. We have been witness to an escalating VIX and RVX, albeit with significantly lower highs (to this point) when compared to the late August selloff. Psychologically, we like to be able to attribute market pullbacks to something specific. […]






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How Unhealthy is the Stock Market in 2016?

After finishing the first full week of trading in 2016, there was nothing to be happy about the stock market. This was the worst start ever in the history of the stock market, and it all points to some more bad behavior on the horizon. With earnings season around the corner, there is nary a […]






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SPX & The Golden Cross

For those that watch the market with a “technician’s eye” something unusual happened yesterday. It marked the first time since January 31, 2012 when the 50 day moving average on the SPX Index crossed over its 200 day moving average. Technical types call this “The Golden Cross”, which is almost unequivocally considered a bullish formation […]






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Monetary Policy (Finally) Shifts – Now What?

Yesterday, in a move more telegraphed than a Jay Cutler Pick 6, the Federal Reserve Board voted unanimously to raise the Fed Funds target rate by 25 basis points. Market watchers, and this blog’s audience don’t need a weatherman to tell them which way the wind blows. The question, as always is – what’s next? […]






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Santa Claus Rally Hits Some European Ice

Global market trade today has been dominated by reaction to the European Central Bank’s (ECB) decision and statement following their most recent meeting, which is being perceived as disappointing relative to expectations. Currencies and Bonds are at the forefront of the day’s activity, with the Euro (Currency) seeing it’s largest one day move since 2009 […]






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The “Data Dependent” Fed Continues to Consider the Data

This afternoon the minutes from the most recent Federal Reserve Open Market Committee (FOMC) meeting were released. Yesterday the market digested the October CPI (inflation) data. Next week, GDP (Tuesday) and Durable Goods (Wednesday) will be relatively important. Without question, the upcoming Unemployment Report (Non-Farm Payrolls) on 12/4 will be the most influential piece of […]