🚗 There’s a Trade for Any Economic News

[] [The daily rundown of everything happening at Option Pit.]( Our Professional Trader Community is filling up fast… Are you ready to take the next step? [Find out how to join right here]( and set up a personal phone call with Mark Sebastian or the trader of your choice. MARK-et Open Griff here with the Chart of the Day. It’s never a good sign when you get weak economic news, meaning a rise in the unemployment rate from 3.5% to 3.8% and bond yields rise after breaking strong support. That’s exactly what happened on Friday and corporate bond yields rose even more … [ Next week will be critical as institutional money must decide what, if any allocation changes are required … Have a wonderful long weekend everyone … Let's Go! [ [ - Option Shopper - U Sep15 35.50 calls closed for 76% 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=) Trader's Edge: This Indicator Will Reveal the Market’s Next Move - Weekly Wrap-Up It’s time for your Weekly Wrap-Up. I’ve got a full list of topics to round out your week and a set of 3 simple things you can do to prepare for some incredible opportunities ahead… Step #1 Watch today’s Weekly Wrap-Up where I cover: - Market movement and anticipation about next week’s shift… - Make Treasuries your new favorite indicator — they won’t disappoint you… - Recap of my best trades of the week in HOOD and DAL…and - Find out when I’ll drop my watchlist for next week… (Hint: check your email tomorrow.) Step #2 Consider enrolling in our OP Professional Trading program. If you missed last week’s overview, [you can watch the replay or sign up right here](. This is the best community you could join to help you become a top-tier trader. I’ll meet with you personally to chat about your trading goals and how to get you there if you decide to join. Step #3 Relax, enjoy your weekend, and have an incredible Labor Day. [Click below for the Weekly Wrap-Up…]( - Mark [32).gif]( Pit Report: Ticker of the Week: GM EV’s… love them or hate them, they aren’t going away. The best-selling car in the world is the Tesla model Y. Ford has the F150 Lightning and the Mustang Mach-E. GM has an electrified Caddy… Then there are the Chinese names like NIO or Li Auto. Europe is pushing EVs across nearly every brand. Today we are going to look at one of the largest Automakers in the world…is it a buy or a sell? [Click to find out…]( - Mark AG's Views: Hawaii Energy Makes a Comeback From the desk of Option Pit Director of Education Andrew Giovinazzi It is hard to believe there is a more thankless industry than energy generation. Local governments want free power, with a stable well maintained grid and green to boot. An impossible task to make everyone happy. Utilities pay a div and that is about it. Hawaiian Electric Industries (Ticker: HE) is one such utility company. At this point it is common to blame fires on utilities and 0 on poor land management. Which is happening in Maui right now. The fact Lahainah was surrounded by dry grass was well known for some time. HE tanked when everyone thought they are to blame and now some of that heat is subsiding. [ I am green on a put I sold there mostly because I did not think HE was the culprit. The market is starting to agree with me. -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: Rolling a position - A trader can roll an open position to reflect adjusted expectations for the underlying, whether that’s changing strike prices or option series. A roll is closing one term or strike and reopening another term or strike. Buy then sell or sell then buy. [( 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? 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