Daily Pit Stop [fstp, logo, header] Juen 24, 2024 [ag views, logo, header] VIX call buyers show up Before you read this, check out the replay of [0DTE double down action with Mark](. You want to see how this market anomaly will pay bigly. Speaking of bigly, the oddest Presidential debate ever is happening on Thursday. Maybe just maybe that is making VIX call buyers nervous. Mark noticed VIX and SPX rallying over the last week and that is usually not a positive for the market. Traders are taking advantage of the cheapest VIX options of the year and buying calls. [ded] VIX call buying does not necessarily lead to a higher VIX. It has been a while since I have seen short term call buying in VIX. Stocks are likely to stay weak into the debate. - 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,] Top stocks to watch this week Hey Traders, Here is our weekly watchlist for all raders of Trader's Edge! Get My top stocks to watch this week in the video below. [ded]( [Click here to watch.]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [frep] Ticker of the Week: S&P 500 Hey Traders, This week I decided to change things up. Normally we do a single stock…this week…we are not. The S&P 500 is sitting right at an all time high…AAPL, MSFT, NVDA have completely taken over the index. The S&P 500 is the most concentrated it has ever been… But…trying to short the market can be a fools errand. I know one trader who has gone on TV and called for a crushing sell off….for 10 years… They still think the covid lows are too HIGH for the market…. Then there are others that think we are going to be north of 6000 on the index in the coming months… So is the index a buy or a sell? Are the bears going to finally get paid…or will the bulls continue to smile Who is right? [Let's break it down…]( [ded]( - Mark --------------------------------------------------------------- Receive the Option Pit "Ticker of the Week" breakdowns as soon as they are released. [Click this link to sign up!](  [logo] Crypto Update for June 24, 2024 Hey Crypto Traders! The latest State of Crypto has been posted [here](. Head on over now and [let's break it down.]( - Greg  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:  Correlation - The mathematical relationship where two securities move together in the same direction. [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.
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