Option Pit Stop [fstp, logo, header] June 27, 2024 Mark and Voz are opening the Trade To Close room for all Option Pit readers tomorrow at 3pm. [Click here to secure your spot]( [ag views, logo, header] Roaring Kitty Roars for Chewy!!!! Now I really need Voz to help with CHWY on Free Voz Friday! Nothing like looking at volume to get an idea but it seems Roaring Kitty has invented a perpetual dollar machine. RK gets into stock, posts a meme or picture and off it goes. Just yesterday I remarked at the option volume in Chewy Inc (Ticker: CHWY). [ded] As you can see from above, the Kitty roared and CHWY flew.  I just closed some calls in here that i have been riding and sold some put spreads 10 min before CHWY popped. I think this stock will be squeeze material for the foreseeable future and will trade it selling some puts and buying in some calls on dips. Still own shares and short put spreads in CHWY. - 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,] State of the market Hey Traders, In Today's video, we'll breakdown the current state of the market. Everything from the QQQ to Bonds. [Dive in by clicking the image below!]( [ded]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [logo, header, op logo, option pit,] Why your options donât do what you think In my first edition of "[Andrew Giovinazzi's Explained](", we'll cover Why your options donât do what you think. Greeks! [yt]( [Click here to watch the video!]( - AG  --------------------------------------------------------------- Get all your DC Insider info inside of Frank Gregory's "Power Moves" 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:  Hedging - Protecting an investment with a separate investment (usually on the other side of the bullish/bearish coin) to act as âinsuranceâ and limit losses in the event the primary trade doesnât work out. [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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