Option Pit Stop [fstp, logo, header] May 17, 2024 [ag views, logo, header] VIX trades into the 11 handle for the 1st time this year Mark rolled some Proshares Ultra Short Term VIX futures ETF (Ticker: UVXY) puts today. House money to go from making 70% to well over 100% for no $ risk. Pretty sweet! I also unveiled my Gamma Bomb idea in Weekly Profits Cycles. [ded]( With VIX trading in the 11 handle now, those short term volatilities are starting to tank. The sellers will have to reach to get more aggressive. I think we will see a quiet volatility market until NVDA reports on the 22nd. SPX could be 100 points from here after that. Be ready for the Gamma Bomb every day at [Weekly Profit Cycles.]( [ded]( - AG  [logo, pit profits] 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,] Going Overboard With Short Premium Hey Traders, In todayâs video: - VIX On The Way To $11
- 0DTE May Cause A Gamma Bomb
- New All Time High This Week [ded]( [Watch the video here!]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [fpip] Donât Become a Ghoul, Join the Vault Hi Shoppers, Mark Sebastian and Andrew Giovinazzi had a blast [last night!]( See what I did there? I sure hope you didnât miss it. Have no fear if you did, you can view the replay [here.]( Itâs real and it is coming. The Gamma Bomb. You will want to be a part of their plans when it arrives as it will be a great opportunity for profits. You will not find this information from any financial advisor or any other trading community. Mark and Andrew are thee volatility gurus ⦠this is their wheelhouse â¦Â [you need to join them.]( Donât become a ghoul, join the vault. (Fallout = good series.) Be prepared and make money when the Gamma Bomb drops. [I do have a new trade idea for you.]( - Licia --------------------------------------------------------------- Join Licia's trading community and start receiving her Profits In Pumps Newsletter. [Click this link to sign up!](   Get all your DC Insider info inside of Frank Gregory's "Power Movies" Newsletter. [Click this link to sign up!]( --------------------------------------------------------------- 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:  Open interest - The number of outstanding contracts in a derivative security, or the number of put or call contracts open at a particular strike. A contract is open until the initial buyer or seller closes it. [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 theyâre 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 userâs own risk.
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