Options trading and market wisdom: Chris Brecher traded the IBM pit at the CBOE for years (nickname: Tinkerbell, badge: KRS) and has been in markets for 46 years. His core principle still holds: react to how markets respond to events, not the events themselves. When Iran flared up and the market shrugged, that muted reaction was the signal to get bullish. He also breaks down midterm election patterns: 11 of 18 since 1950 sold off between May and October, but 100% of the time the market rallied after the midterms. The average drawdown when bonds sell off is 7 to 8%, and the move typically starts in late August during buyback blackouts. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 Chris Brecher joins: the old IBM pit is now the SPX pit 00:40 The floor nickname nobody told him a...