[fstp, logo, header] July 15, 2024 Licia has been in the lab with Mark to develop a Market Range Finder Scan. [On Wednesday night at 8PM EST](, weâre going to unveil it in our free mini-class on cheap options. You wonât want to miss itâ¦[Sign up for Weds!]( [ag views, logo, header] Getting ready to set up the Election Trade After the horrifying assassination news this weekend I want to check and see how VIX was handicapping the election. Well after this weekend's events, it is about the same. There is a small uptick in the VIX FUTURES but the Oct/Nov spread narrowed a bit. If that bulge in Oct keeps dropping relative to Nov, that means a lot of uncertainty is coming out of the election cycle. This is a good source of information when trying to discern what the MSM is saying versus what folks are betting their dollars on. [ded] I like the Oct puts in VIX and Nov VIX calls as the election gets more into focus. I started marking the position today. [Donât forget Liciaâs Trading Reveal on Wednesday.]( - AG  [logo, pit profits] - Option Shopper - OSH closed GLD Jul19 120/125 call vertical for 79% gain
- Option Pit Mentoring - OPM QQQ Aug02 495/480/465 Â put butterflies and 510 call Strangles closed for 12% gain
- Weekly Profit Cycles - WPC 1 SPY Jul26 542/532 put spread, 2 VIX Jul17 15.5 puts ,2 SPY Jul26 557 call foir 7% gain 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,] Mid July Watchlist Hey Traders, In today's video, we'll cover the 5 stocks I'm watching as of July 15, 2024. Plus we'll cover the happenings in the major indexes and what to know before the upcoming earnings season. [Click the video below to watch!]( [yt]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [frep] Chart of the Week: Bitcoing (Ticker: BTC) Hey Traders, Licia is back with another edition of Chart of the Week! This week she covers Bitcoin (Ticker: BTC) Click the image below to [watch the video!]( [yt]( - Mark --------------------------------------------------------------- Receive the Option Pit "Ticker of the Week" breakdowns as soon as they are released. [Click this link to sign up!](  [fpri] Critical Warning from BIS Hey Income Hunters, Fiscal Dominance has been the dominant factor driving money flows in the economy and markets over the past couple of years ⦠This is a point I have been driving home consistently ⦠Now the BIS, which is the Bank for International Settlements who is responsible for ensuring a stable global monetary system has recently sent warning signals about.  The simplest explanation of fiscal dominance is this â¦Â Fiscal Dominance occurs when Government debt and its budget deficit are so high that they remove the ability for the Fed to fight inflation. We are now seeing proof of this fact as inflation has remained well above the Fedâs inflation target even as economic growth has slowed substantially. Now with the most powerful bank in the world raising a red flag, investors may realize the danger of holding a high percentage of bonds in their retirement accounts. In the next 2-weeks we will receive information from the US Treasury that may trigger another sharp rise in interest rates ⦠[Read Through for the details â¦]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  [fpip] Is the Market a Little Toppy Here? Hi Shoppers, Is the market getting a little toppy here? Wednesday, Thursday and Friday brought us wide ranging days, wider than weâve had recently. This volatility at the top of the pitchfork could be signaling a pullback in this massive rally. [Check out the chart i'm looking at in the full article here.]( - 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 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:  Oversold - A condition where too many sellers want to dump the same security at the same time -- often seen after a big, fast sell-off. Usually when a technical signal, like the RSI, gets to a lower extreme. [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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