Daily Live Schedule [fstp, logo, header] July 17, 2024 Licia and Hannah are live right now to unveil the new "Range Finder" scanner. [Join Live Here!]( [ag views, logo, header] Will TSM earnings rewrite todayâs trade action? We almost got our 2% downday day today. 1.39% is not bad but it is not 2%. [ded] What started things off on the wrong foot was ASML Holdings NV (Ticker ASML) not wooing The Street on earnings enough after a 100% 6 month up move. The second below was Taiwan Semiconductor Manufacturing Corp (Ticker: TSM) after DJT said Taiwan needs to pay up to live up the USA defense umbrella. To the Taiwanese credit they said ok. That was not enough to keep the algos from thinking WW3 was at hand. [ded] 2016 to 2020 gave us many of the same tradeable and fadable moments. Pres Trump would say something and the stock market would go nuts only to reverse course in a day or two. The only thing that gave me pause was TSM just happens to have earnings Thursday morning. I bought a cheap upside call butterfly for Aug02 in TSM. History is likely to repeat. I also think a decent TSM report will slow the Tech Wreck we have been having. - AG  [logo, pit profits] - Trading Desk - TRD Closed AAPL Jul26 strangles for a 22% gain
- Trading Desk - TRD Closed CCL Aug16 strangles for a 6.5% gain
- Option Shopper - OSH closed WMT Jul26 70 calls for a 39% 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)
 [fpip] All Kinds of Live Events Hi Shoppers, I need to apologize for my last two letters which were so short We were super busy here as we had friends and family come down to help us celebrate my husbandâs birthday. After all the boating, beaching, shopping, eating, drinking, dancing and live music, we went to a comedy club. I had forgotten how much fun that is! We saw two very funny comedians and laughed the whole time. I highly recommend you check out your nearby comedy club, you wonât be sorry. [Just not tomorrow night, as you must join Hannah Selner, Mark Sebastian and myself at 8:00 ET our live event.]( We may have a few jokes for you but what we are really excited about is trading cheap options and introducing to you our new scanner that helps us find those stocks. I have my core watchlist but the new Market Range Finder scans the marketplace and brings us new stocks to chart every day, bringing us new opportunities. [Itâs going to be awesome!]( [Once you have secured your seat, check out my trade idea in Micron Technology (Ticker: MU).]( - 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:  Support - A level on the charts that acts as a floor for the underlying shares, whether that be a moving average, round number, former high or low, or otherwise. [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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