Just look at the chart!

[logo, fvix, header,] May 18, 2024 Hey Traders, Take a look at this chart: [ded]( This chart is the daily percentage of volume in 0DTE relative to total volume in SPX and QQQ (and SPY and NDX). It is now consistently over 50%. On April 30th, that number was as high as 58%!!!! Those numbers may not mean a lot to you - but they should. And if they don’t, you’re ignoring the #1 factor that’s moving markets right now, and that’s just irresponsible trading to be totally frank. 58% volume means 0DTE is trading more deltas (market exposure) than the S&P 500 Futures are trading. The last few months are the first time that has happened. These were the conditions that set up the Gamma Bomb that was Volmageddon (Feb 2018 in XIV). The pressure is building … growing.   I know we talked about how this could happen last July … but there wasn’t the volume there last July in 0DTE.   Now there is. And the VIX is in the 12s. If it gets lower, and volume continues to increase … which it will … [The Bomb is inevitable.]( There is good news. I will almost certainly get us OUT before this happens and buy some SQQQ as well. However, as good as I am, I could miss it coming … and I could also swing and miss a couple of times. The alternative? Join Andrew in [Weekly Profit Cycles]( and create a positive carry that equates to 20% on average every 14 days AND have those puts on SPY that are going to be gold. When I say gold, I mean you could see 400, 500, even 1,000% plus when the Gamma Bomb hits I walked through the bomb and Andrew walked through the strategy with our Director of Product Development Hannah Thursday night. You need to watch … and join Weekly Profit Cycles today. [Click here to see it all.](  Your Only Option, [sig, mark sig, signature] --------------------------------------------------------------- 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]( 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](