J-Pow Approval Tanks

[] [The daily rundown of everything happening at Option Pit.]( [.]( MARK-et Open Hey OP Crew, Griff here with the Chart of the Day. Well, it’s more like the Pic of the Day. This week, Jerome Powell went from the next Paul Volker to … the Fed chair with the lowest approval rating in history. [ If only inflation could drop like that! This was the result of a Gallup poll – it’ll be interesting to see its impact on the markets in the weeks ahead. A lack of confidence in the head of your central bank is not a good sign for the value of your dollar. The best way to protect your money? [Join me live at 4 p.m. ET on Thursday night to find out.]( Let’s Go! [ - BIG MONEY FLOW: DELL 4 May05 45 calls closed for a 25% gain - CAPITOL GAINS: LTHM Jun16/May19 21/22.5 call diagonal closed for a 44% 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=) VIDEO: What You Missed In Chicago Our Option Pit Live Conference was a rousing success. We put on some great trades (especially Licia!), heard from some excellent speakers, and ate some delicious steak. Plus, we got to see my favorite Chicago Cubs beat the Miami Marlins 4-1. Needless to say, spending the week in Chicago was a great time. Now for everyone that missed it … I don’t want to leave you with nothing. So I wanted to share our conference keynote speaker, [Cem Karson from Kai Volatility Advisors](. We have a clip from our livestream that you can watch right now: [( Click the image above, or [check it out here.]( - Mark AG's Views: AI Leader PLTR Might Break Through! From the desk of Option Pit Director of Education Andrew Giovinazzi Palantir Technologies Inc (Ticker: PLTR) is rocking on good earnings as the company expects profitability and high demand for its AI services. It’s that AI word again … but PLTR has been at it for many years now. [ I am a long term holder in this one. Risk Reversals, selling puts, and buying calls might be the ticket going forward. We own some Jun calls in Big Money Flow that we might be able to cash in on. $10 here we come! - 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: Contango: When the back-month futures are higher than the spot and near-month futures. Often used when referencing volatility assets. [( 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]( Daily Newsletters ex. Vix Edge, Pit Report, Profit in Pumps, Power Moves, Power Income, etc. Option Pit | 190 S LaSalle Suite 3000 Chicago, IL 60603