9 Day VIX gets crushed

Daily Pit Stop [fstp, logo, header] March 20, 2024 Olivia Voz and Mark Sebastian are opening up their members only trading room this Friday. Sounds awesome, right? [Click here to get added to the list!]( [ag views, logo, header] 9 Day VIX gets crushed Short term implied volatility got wrecked today as the Fed decided rates are ok and maybe a cut or two down the road even with good jobs and the economy moving along. That was enough to propel us to all time highs for a close in the SPX. [fstp] How much farther do we go? Generally these FOMC meeting minutes are good for 100 points SPX on the trend so 5270 would be 100 points or less than 45 points from the current close. [fstp] - AG  [logo, pit profits] - The Trading Desk - TRD 172 closed SPY put flies/calls Mar22 for a 6.5% gain Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [fpri] Pre-Fed Analysis .. Projections are Pure Fantasy Hey Income Hunters, The Fed has been very good historically at kicking the can down the road … They can spin a narrative with the best of them but the 5-year projections recently published have gone too far. The Fed is projecting Goldilocks conditions beyond 2030 and that is in spite of CBO projections for a continued increase in the debt outstanding. Let’s take a look back to the last 2 times Government Debt spiked higher … [ded] The amount of debt never matters until it does but do not expect Powell to show any concern today. There is an interesting comparison to the market moves during the two spikes in debt shown above. [Read on to check it out …]( - Bill  [fpip] Be Prepared for This FOMC Announcement & the Next 7! Hi Shoppers, Do you feel like you are missing out on trading the overall market? How to play the S&P 500 without all that risk? What about volatility? You know what that is? Do you know how to trade it? As a member of the [Option Pit Trading DeskÂ](you will become an expert on how to hedge yourself using the S&P 500 ETF (Ticker: SPY) and the Cboe S&P 500 Volatility Index (Ticker: VIX). You will literally become a volatility aficionado. The strategies you will learn and implement into your trading work in any kind of market condition. You will learn what a high volatility is and what cheap or low volatility is and how to trade it. [By becoming a member of the Trading DeskÂ](you will also receive a sweet setup trade to be announced at 11:00 AM ET tomorrow morning before the announcement of the Fed decision. That is just in time to take advantage of the market gyrations surrounding the FOMC meeting and rate decision which takes place at 2:00 PM ET. Not only will you get this before tomorrow’s meeting but you will receive this before [every FOMC meetingÂ](and participate in live trading during the announcement. There are seven of those events happening this year! Who does that?? Plus on a daily basis you will meet with Mark Sebastian and Andrew Giovinazzi for a deep dive into the markets for an hour live session. As a member you will receive an email update every day on the current positions, where the VIX and UVIX are trading and what it means for your positions. You will have constant daily contact with Mark and Andrew. If you want to be a true player in the markets without all that unnecessary risk, then you need to [become a Trading Desk Member now.]( [Once you have joined, go here for my new trade idea.]( - Licia   Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. 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