🚗MARA Runs a Marathon

[] [The daily rundown of everything happening at Option Pit.]( [( MARK-et Open Hey OP Crew, Griff here with today’s Chart of the Day. Today we are going with Marathon Digital Holdings (Ticker: MARA), which rallied 17% today. I laid out a 7% risk vs 19% reward scenario in this morning's Power Income Trader market update. It's a great time to give you a sneak peek into my daily market outlook for members. The market just underwent an open interest cleanse and we should have a profit opportunity in a pullback this week. To take advantage of that I've included my exclusive stock watchlist with chart and gamma breakdowns. [Check it all out now!]( Anyway, I was thinking it could get there by the JUL17 expiry. Well it got there today! Look at the volume: [ Bitcoin miners and Blockchain servicing firms were up from 4 - 17%. BlackRock’s announced application to create the first-ever Bitcoin ETF has given the market a huge boost. It’s still early innings for this group of stocks, so jump on the breakout. I see MARA making a run to $18 in the weeks ahead … Let’s Go! [ [( GET AG’S LATEST REPORT FOR FREE [When you register for Thursday’s event]( [ - DELTA STRIKE: TEVA Jun16 10 calls closed for a 72% gain - EASY BUTTON: ALB Jun16 160/230 strangle closed for a 10% gain - EASY BUTTON: CCL Jul21 11/13 strangle closed for a 95% gain - POWER INCOME TRADER: SLV Jun30 22/21.5 put vertical spread closed for a 118% gain - TRADING DESK: VIX, XSP Jun21/Jun16 15/14 put spread, 420/410/400 put butterfly closed for a 32% gain - WIN THE WEEK: QQQ Jun23 360/350/340 put fly, 368/360/352 put fly closed for a 39% 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=) AG's Views: Tesla Inc to $300 From the desk of Option Pit Director of Education Andrew Giovinazzi Of all the surprises since Elon Musk took over Twitter, the strangest is that Tesla Inc (Ticker: TSLA) has been going nuts. It’s gone from the low $100s to back over $270 just today. With both Microsoft Corp (Ticker: MSFT) and Apple Inc (Ticker: AAPL) back to all time highs, it’s only a matter of time before TSLA bulls get their day in the sun. [ 10 day chart in TSLA Implied Volatility has been rising steadily in TSLA for the last several days, and call buyers pile into the upside. Note the inverted Vol Skew on the upside – that’s some real FOMO action. [ I think upside call butterflies will work well here. It seems there’s little to stop TSLA from making the next big number. $200 line crossed May 31st. - 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: Candlestick: A type of chart with an open, low, high, and close marker each day (or week/month) that looks like a candle. [( 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. 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