[] [The daily rundown of everything happening at Option Pit.]( [3).png]( Vol Man - Sunday So to get the ball rolling here is my outlook for the week. [Vol Man here with my weekly analysis. As usual, I will start with last week’s forecast…]( Let's Go! [ Trader's Edge: Tech, Retail, and Energy are On the Move - Weekend Watchlist Video Hope you are having a great weekend. Today I’m back with another watchlist for you… I’ve got some tech, retail, and energy on the list and some opportunities setting up in VIX that you won’t want to miss. [Click here to see the full Weekend Watchlist and video…]( - Mark Pit Report: PENN Made the Worst Deal Ever Back before COVID, Penn National Gaming Inc (Ticker: PENN) bought Barstool Sports to improve the media reach and footprint for the run into online gaming. I think PENN paid $500 million for Barstool in stock and cash. The Barstool Sports franchise did not fit well with regulators so PENN sold Barstool back to Dave Portnoy for $1. Regulators are happy and then PENN signs a deal with ESPN for online gaming. Meanwhile, Draftkings Inc (Ticker: DKNG) is worth 3x what PENN is. Maybe because PENN just burned 500 mil. Anyway, all of that drama is usually bad for a stock and leads to dead implied vols since no one knows what is up and is waiting for the dust to clear. [PENN IV is starting to exhibit some interesting patterns…]( - AG Pit Report: Exclusive Trade on Monday I want to let you know about something really cool that’s starting on Monday. Four days a week, my team puts out an email called the Pit Report. In this email my team takes turns breaking down a specific stock. This week we broke down Penn Gaming. The week before, we covered Macy’s. But we are adding something new to the fold… If you are a member of any Option Pit paid service, get excited, because on Mondays at 10:30 am ET we are going to take our stock of the week and develop a trade - LIVE for you. This live session will be free to all members of any paid service at Option Pit. You belong to Delta Strike?…It's free…Option Shopper?…free…Win the Week?…free…Easy Trade Button?…free…any service we offer, if you subscribe…you will have access to this session. Now if you are saying…”I don't belong to any of the Option Pit services!” That is fine too because… If you subscribe to our free newsletter, the [Pit Report](, on Monday afternoon, we will send you the video replay of all of our traders discussing the stock…and you’ll get the free trade too. [If you don’t currently get the Pit Report, sign up here](… because we are going to give you a new hot trade every week. Don't miss this incredible opportunity…a free, actionable trade idea developed by the entire Option Pit team EVERY WEEK. - Mark 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: Assignment - The notice that obligates an option seller to sell (in the case of a call) or purchase (in the case of a put) the underlying shares at the specified strike price. [( 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.
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