Why we’re waiting til Monday on UVXY

[fstp, logo, header] April 13, 2024 Sometimes the best thing you can do to ensure a trades success is wait for optimal conditions. Normally, NO ONE wants to hear that. But with a trade with high convictions like we have in UVXY… and only having to wait a few more days until Monday to put it on… The crowd agreed: [dte] I’m talking about the UVXY trade where we’re looking for 100% or more in the next 4-6 months following its Reverse Stock Split last week, which sent the “on-the-books” value of UVXY from under $7 to over $35. And volatility spiking on Friday had UVXY all the way up near $40. We know that ongoing pressure over time will force UVXY lower… back to $7 and even below, so we’ve been preparing to put on a short position with [new members of 0DTE and Trading Desk](. But on Friday, AG and I didn’t like the movement. IV was too high, VIX was up 3 points, and we weren’t seeing the option pricing we know we can get on this trade for maximum upside. [Check out this clip from our PAID MEMBERS ONLY session where you can watch us evaluate why the UVXY double wasn’t setting up well…]( [uvxy clip]( There’s SO MUCH for you to learn from watching this clip. And for those of you who weren’t at Friday’s session (meaning you’re not a member of Trading Desk or 0DTE), it’s great news. It means you still have time to join at the lowest price we’ve ever offered for 0DTE (2 months for the price of 1!) Don’t wait… UVXY topped out on Friday at the close and it should turn around by Monday AM… Which means our trade is going to be a green light = [Join Here Now](  See you Monday, [Mark sig new] [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](