Pit Stop [fstp, logo, header] August 16, 2024 [ag views, logo, header] SVIX on the decay path If you want to learn more about buying decay, [go here](. The Volatility Shares -1x VIX futures ETF (Ticker: SVIX) is back to decaying after the SPX had 8 out of 10 up days. Even with the poor housing data, stocks held up as investors expect housing prices to eventually come down.  VIX could not find a bid either, closing down .43 to 14.80. [ded] VIX futures curve, Aug 16 2024 It appears the market is slowly normalizing again. Will politics interfere? Maybe but the current policy ideas from the Harris camp did not light stocks on fire. We should see steady gains for SVIX in the short term. Noise does not mean traders want to dump stocks. 5600 SPX is only 1 day away running a 15 VIX. - 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,] Companies that could be due for a CEO shakeup Hey Traders, I sit down with BNN Bloomberg and talk about what companies I think could use a change.  [Watch below!]( [ded]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [fpip] NVDA To $137 Hi Shoppers, I hope you are reading my Profits in Pumps very carefully. Last Sunday I wrote that Nvidia (Ticker: NVDA) was going to trade $113.75 and then $119.50. And sure enough it did: [FPIP] It is now trading over the median line. It may come back and test that level at $120.58. That will be an opportunity to buy as I think NVDA will be trading $137 by mid September. Before I tell you my trade idea in Apple (TIcker: AAPL) you need to check this out. [Mark Sebastian, Andrew Giovinazzi, and Hannah Selner went live Wednesday night with their new strategy trading Volatility ETPs in the Trading Desk Service.]( [On to my AAPL trade idea.]( - 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:  Class - The group of options and products that belong to a symbol -- i.e. - AAPL, SPY, VIX. [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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