🚗 KO is Set for a Gamma Squeeze

[] [The daily rundown of everything happening at Option Pit.]( Our special guest, Cem Karsan, targeted a specific "danger window" that you MUST watch if you're serious about volatility trading. [Get the details.]( Mark-et Open Griff here with the Chart of the Day. Coca-Cola Co (NYSE: KO) has traded in this 58 - 63 trading range all year and is once again oversold. It is also sitting just above its 57.5 put wall … I put on a simple 58/59 call spread to Sep 22 which could gain a maximum return of 170% if it settles above 59 at expiry. [ I picked this trade because KO has net negative gamma heading into the SEP15 expiry and is a prime target for gamma squeeze. Have a great weekend everyone. Rest up and be ready for some action packed trading next week … Let's Go! [ [ - Option Shopper FTNT Sep15 62.50 calls closed for a 100% gain Want to find YOUR winning fit? Give our Customer Care Team a call at 1-888-872-3301 Monday-Friday from 9 a.m.-5 p.m. EST. Or email them anytime at support@optionpit.com. Trader's Edge: Profits in AAPL, MSOS, and Interviews with Two Legendary Traders It’s time for our Weekly Wrap-Up… We had a great week of trading and hope you did too. Here’s a recap of the highs and lows for the week and where I’m looking next… Plus some great interviews with some trading legends you won’t want to miss. In today’s clip I share: - The best ways I’ve traded volatility this week… - Some stocks we traded like DAL, MSOS, and AAPL… - [A great interview I had with a good friend (and brilliant trader) Cem Karsan…]( - The market trends on my radar… and - [An exclusive interview with a mentee of mine with an invite to our Pro Trader Community.]( [Check it out right here in today’s Weekly Wrap-Up segment…]( - Mark [37).gif]( Pit Report: CHWY Chart Analysis Happy Friday, Mark’s right, I have used Chewy (Ticker: CHWY) to order cat supplies. And for the record, we only have one cat. Not that there is anything wrong with having more than one. Cats actually have more personality than I realized, but only cat owners know that. Probably why they get a bad rap sometimes. Mark also brings up a good point: Why use CHWY when Amazon, Target, and Walmart can do the same thing and you can add non-pet supplies to your order? [Based on my analysis, here’s where I think CHWY is headed next…]( - Licia Profits in Pumps: AMZN Looking Bullish [I have a new trade idea in AMZN here...]( and wow! Wednesday night's event might have been our best one yet! Check out a few snips from the live chat: [ [ [ If you weren’t there, you have got to [watch this video!]( You think you know a lot about the markets? I don’t think you have read or heard anything about what Mark Sebastian and Cem Karsan are discussing anywhere else. It truly is an eye-opener. [Oh! And of course, here's my AMZN trade idea...]( - 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: Day trade - Any securities trade where the trader enters and exits on the same day. [( 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. 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