🚗Window Dressing for AAPL

[] [The daily rundown of everything happening at Option Pit.]( [( MARK-et Open Hey OP Crew, Apple Inc (Ticker: AAPL) is now a 3 trillion dollar company. Or put another way, half of what Uncle Sam spends a year. Traders are driving AAPL up to a dizzying height on AI – the headset … FOMO? Anyway, AAPL is too close to $200 not to get there. [ AAPL Jul21 200 calls are .86. Seems like the rally is alive and well. I would wait until after window dressing Friday, but I expect AAPL to resume its march. Let’s Go! [/campaigns/org775804783/sitesapi/files/images/774695510/ag (2).png] [ - OP MENTORING: SPY Jul07 430/440 strangle & VXX Jul14 25 puts closed for a 48% gain - OPTION SHOPPER: SPY 437/440 call vertical closed for a 140% 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: Put Some Skin in DKNG’s Game Legalized gambling has really changed the game for the casual sports fan. I can only speak for my 20-something kids, but the discussion I hear when meeting them and their friends at sports bars these days is all about how much action they have on the games. Well, it took a while but DraftKings Inc. (Ticker: DKNG) original slogan “Life is more fun with skin in the game” has finally caught on. Talk about a rollercoaster ride – DKNG launched in 2020 at a price of $20 and traded as high as $72 just a year later. The next year, it traded as low as $12. Well, it looks like momentum has turned up again and with the stock trading at $26. The question is … should you put skin in the game or stay on the sidelines? [Today, I’ll lay out the game plan.]( - Griff Profits In Pumps: The Rally Continues I hope you bought those SPDR S&P 500 (Ticker: SPY) calls [I recommended on Wednesday]( – they traded over $2.20 yesterday. I do believe the window dressing at the end of the quarter could be real – if so, that means one more day of rallying. Looking at the daily chart, I think SPY can trade $439.50-$440 today. [ So, it’s not too late to hop in this morning for a nice day trade. I have also been watching Gold. It has gotten hammered since the change in trend doji created on May 4th. I’m seeing a new change in trend candle in both the futures and the SPDR Gold Shares ETF (Ticker: GLD). [Continue here and I’ll show you.]( - Licia 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: Market order - A buy or sell order executed at the best price possible when the order hits an exchange. There is no limit price on this order and the results can vary. [( 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. Want to change how you receive these emails? You can [Unsubscribe]( or [Update your preferences]( This email was sent by support@optionpit.com. 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy]( 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