How Crude!

[] [( [( MARK-et Open Hey OP Crew, Griff here with the Chart of the Day Today, oil gets the nod as OPEC announced a decision to cut production to 1.6 million barrels per day. OPEC is trying to put a floor under crude prices against the backdrop of rising inventories and downside risks to demand as a US recession looms. The United States Oil Funds (Ticker: USO) is what I use to get exposure to oil; it’s rallied over 20% in the last three trading days. We may see a retest of the 100-day moving average at $65, which would be a good time to get on board. [ Let's Go! [ [ - BIG MONEY SHOPPER: MU Apr21 60 Puts closed for a 54% gain - CAPITOL GAINS: INTC Apr21/Apr06 28/30 call diagonal closed for a 37% gain - OPTION SHOPPER: OXY Apr06 62.5 Calls closed for a 247% gain - SPYMASTER: SPY, VIX Apr14/Apr19 390/380 put vertical, 21 puts closed for a 25% gain - TRADING DESK: XSP, VXX Mar31, Apr06 400/395 strangle, 46.5 puts closed for a 22% gain Want to find YOUR winning fit? Give our Customer Care Team a call at 1-888-8772-3301 Monday-Friday from 9 a.m.-5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:support@optionpit.com?subject=) Power Income: The Fed’s ONLY Option Around these parts, Mark Sebastian is known as your only option for all things options … Today, I’m going to show you the Fed’s ONLY option as it attempts to delay an inevitable deep recession and financial meltdown. The Fed is very good at one thing … creating new ways to provide liquidity to the US Treasury bond market. During Covid, our central bank was like squirrels. First, it scattered trillions of dollars throughout the financial system. Then it printed way more money than was needed. Finally the Fed created ways of storing the excess funds so that during times like this it could tap into them. It may delay the inevitable but it will not be a long-term solution. [Here’s how to avoid getting sucked into their shenanigans.]( - Griff AG's Views: Is Upstart Going To Restart? From the desk of Option Pit Director of Education Andrew Giovinazzi Upstart Holdings Inc. (Ticker: UPST) was a $300 stock at one point in 2021. Nowadays, it’s closer to $18 per share, but that hasn’t stopped the short sellers from piling in. Right now there is heavy short interest, and there is a decent chance we get the Mark Sebastian special … The Squeezy McSqueezenstein Translation: A massive move up. [ Stay tuned to see if the shorts have to cover this one. There were decent upside risk reversals in Big Money Flow, but it wasn’t certain. The big short interest is tipping me toward a squeeze, though. - AG OPTION PIT GLOSSARY [( There are plenty of terms in the trading world that need defining. The [Option Pit Glossary]( is here to help. Today's phrase is: Greeks: Order derivatives of the option model that inform how an option will change in value with respect to a change in inputs. The first-order greeks are delta, gamma, theta, vega, and rho, respectively. [( 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. DISCLAIMER: OPTION PIT LLC IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Option Pit LLC is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented materials. Specific trading ideas or strategies discussed in the presentations or materials are entirely illustrative and do not constitute the solicitation of a transaction (or transactions) or a recommendation to execute a particular transaction or implement a particular trading strategy. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. This email was sent by support@optionpit.com to {EMAIL} Click here to unsubscribe | [Manage Preference]( Exclusive Option Pit Offers Option Pit | 190 S LaSalle Suite 3000 Chicago, IL 60603