UVXY goes for a last gasp

Daily Pit Stop [fstp, logo, header] April 4, 2024 [ag views, logo, header] UVXY goes for a last gasp The Proshares Ultra Short Term VIX futures ETF (Ticker: UVXY) splits 1 for 5 next week. And like clockwork, SPX delivers the biggest 1 day red candle in months. [ded] That move also puts UVXY up to the $7s so the split value will be closer to $35 if the rally in VIX holds. [ded] A Fed bobble head said inflation is still a problem when only recently Fed Chair Powell said there is still a rate cut possible for this year. Maybe they are looking at different data points? The same problem is still there, massive US Federal Spending. Once that goes away, inflation will go with it. It would be nice if a Fed bobble head said that, but it is an election year and they are not allowed. - AG  [logo, pit profits] - Weekly Profit Cycles - WIC TRADE 148 VIX May22 15.5 p/ SPY May10 517/507 ps close 7% gain - Capitol Gains - CAPGAINS closed GLNG May17/Apr19 22/24 cd for 29% gain - Capitol Gains - CAP GAINS CLOSED SMR/LAAC pair for 150% 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)  [logo, fvix, header,] Is Inflation Making A Comeback? Hey Traders, In Today’s Video, We’ll Cover: - Why the selloff occurred today - How the VIX is being impacted - Bond Markets [ded]( [Click Right Here To Watch The Video!]( - Mark  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. Add Option Pit Live Events to Your Calendar [Apple]( [Google]( [Outlook]( [Outlook.com]( [Office 365]( [Yahoo](   [glossary, logo] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrase is:  Bull call spread - A debit spread with a bullish delta where the long call option is more in the money than the short call option. The potential risk is limited to the initial debit spent, and potential reward is also limited. [ftsp] All the Right Options. The Option Pit Team brings more than 150 years of experience to you every day. From the trading pits of Chicago to the world's largest banks to the halls of power in DC -- they've done it all. Now they’re collectively focused on one thing: making YOU a better, more profitable trader. Click the button below to schedule a call with our concierge Customer Care Team to find your best fit today. DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. The materials presented from Option Pit LLC are for your informational and educational purposes only. Neither Option Pit LLC nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational and educational purposes intended is at the user’s own risk. DISCLAIMER: OPTION PIT LLC IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Option Pit LLC is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented materials. Specific trading ideas or strategies discussed in the presentations or materials are entirely illustrative and do not constitute the solicitation of a transaction (or transactions) or a recommendation to execute a particular transaction or implement a particular trading strategy. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Want to change how you receive these emails? You can [Update your preferences]( This email was sent by support@optionpit.com. 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy](