🚗One Call Away

[] [The daily rundown of everything happening at Option Pit.]( [.]( MARK-et Open Hey OP Crew, Frank Gregory here. I don’t often talk up at the top of the Pit Stop here, but I’ve got an exciting opportunity for you today. [I just got off of my special live session where I revealed a peek at my Rolodex.]( Now, that may not seem all that interesting … what kind of contacts do I have? Well, I know some former CIA agents, CEOs of some of the most successful startups today, some Senators and Congresspeople … I could go on. But I’ve got a buddy in just about every industry you can trade in. A buddy that can provide me with valuable information before the market finds out. And now, I’m ready to bring that kind of insight to you. [I tell you all about it in this video.]( Let’s Go! [ [ - BIG MONEY FLOW: PLTR Jun16 10 calls closed for a 50% gain - POWER INCOME TRADER: SPX -2 May17 4170/4175 call vertical spread closed for a 100% return on credit - TRADING DESK: VIX, XSP Apr21/May17 413/418 strangle, 18 puts, 21/30 call vertical spread closed for a 19% 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=) Pit Report: GLD Ready for a Reversal Looking at the SPDR Gold Shares ETF (Ticker: GLD) going back to March 2022, it traded a high of $193.30. GLD traded straight down from there. It created a double bottom in September and November trading a low of $150.60. That was down 22% in six months. But we may be seeing a reversal soon … [Click here for my full chart analysis.]( - Licia AG's Views: Crazy Lower Price In WBA, Crazy Low Vol In AAPL From the desk of Option Pit Director of Education Andrew Giovinazzi There are times when the market simply does not want your stock. And that time is now for Walgreens Boots Alliance Inc (Ticker: WBA). Nvidia Corp (Ticker: NVDA) and Apple Inc (Ticker: AAPL) are sniffing all time highs, but you wouldn’t know it on Main Street. WBA has to close stores in big cities and its cousin, CVS Pharmacy (Ticker: CVS), is at multi year low prices: [ Traders and funds are expecting miracle earnings out of NVDA, and they might get them. Seeing how the mediocre numbers from all other Big Tech were met with applause, I can see NVDA making new highs post earnings. I think WBA is a safer bet. I looked at a DIV+ Play where I could buy 100 Shares of WBA a put and some calls and the dividend covers half the strangle until Jun16. Don’t forget J-Pow might toss cold water on things tomorrow. - 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: Diagonal spread: Calendar spread where the expiration dates are different and the strikes are different. Diagonal spreads can be long the ITM back-month and short the OTM front-month, or vice versa. [( 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