[] [The daily rundown of everything happening at Option Pit.]( [.]( MARK-et Open Hey OP Crew, Griff here with your Chart of the Day. It was a choppy trading day as the Treasury issued $35 billion in 10-year securities that were not well received, which brought in sellers of stocks. The market did hold above the Volatility Triggers, which maintains a bullish bias. One stock worth taking a look at is Moderna, Inc. (Ticker: MRNA). The Gates Foundation is spending $40 million to boost access to low-cost mRNA research and a manufacturing platform. The stock is holding long-term support and if it breaks out above the 50-day MSA (blue line) it could rally towards the previous high at $15. [ Let's Go! [ Trader's Edge: The VIX is Still Ripe - Midweek Update It’s Mark Sebastian, back with your Midweek Update video. In today's video, I start talking about UVIX and the reverse split. Why is that important? Because we see a reverse splits on a descending vehicle and we are primed to crush some trading there on [Trading Desk]( with Andrew Giovinazzi and me. I go into some solid trades that I closed for winners. I know I know - thanks for the closes that you love - but it's important that you understand how active we are and what methods we are using. We're catching upside swings on the regular at this point. I also have solid market analysis into the big reports coming out and also VIX opportunities. There's a ton of time left in the cycle of October and I preview the VIX and what to expect out of the options in the volatility world. So check out today’s video by [clicking here](. - Mark [ Power Income: The Bulls are Making a Run As I laid out in my recent post, [Janet Yellen is Loaded with Stimulus](, the US Treasury (UST) 10-year yield hit 5%, which I said was a level that would trigger an injection of stimulus into the markets. That is exactly what happened and it only took a couple of days to see a reversal in the 2 most important signposts for the entire global financial system … The US Dollar (USD) and UST interest rates ... Notice how they moved in tandem as Yellen used her excess Treasury issuance proceeds and threw the bulls a bone... [Today, we'll take a look at how you can make money on these money flows.]( - Griff Profits In Pumps: Back From Portugal! We’ve returned from our two weeks in Portugal and was it fabulous!! I just loved it. The food, the people, the sites, the weather, the walking. If you love octopus, real bread, cheeses and meats, old castles, sunshine and exercise you too will love Portugal. Everything was literally perfect. Lisbon, as they say there Lisboa, is a beautiful vibrant city packed with action. There are restaurants and bars and boutiques on literally every block. And the people … everyone is out and about. They have these kiosks where they sell drinks and snacks with an outdoor sitting area and they are just mobbed with people hanging out, enjoying life. [ After Lisboa, we drove down to The Algarve, which is the southern coast. Wow! Beautiful beaches with these crazy rock formations. [ It is gorgeous! I highly recommend a trip to Portugal … I know I am going back. [Now let’s check out what the market has been doing and where it is going from here.]( - Licia AG's Views: UVIX Splits 1-for-10 – Already a 10% Intraday Move From the desk of Option Pit Director of Education Andrew Giovinazzi If you missed my 2X VIX Futures ETF (Ticker: UVIX) webinar last night on the best trading opportunity for the rest of 2023, [you must click here](. I explained how much UVIX can move and why it’s a can’t-miss trade. UVIX split today at 9:30 a.m. – and it did not disappoint. It moved 10% today alone intraday as the stock whipped around waiting for the Fed – from a low of $30.50 to a peak of $34: [ 1 day UVIX chart, post 1 for 10 split UVIX is a crazy mover. But we’re not trading this crazy move today. [I broke it down last night](, but I’m planning to make a huge trade tomorrow morning with my Trading Desk members. How huge? Well, Mark is putting in about $10,000 into his trade … The upside on this trade is absolutely massive. And with the way UVIX moves, you simply cannot miss the entry. To gain access to this monumental trade, [join me and Mark Sebastian in the Trading Desk](. For a limited time, we’re even giving you 12 months for the price of 10 (but that’s expiring tomorrow). And the best part? This UVIX trade could likely pay for your whole year’s subscription. Trust me … you don’t want to miss out. [Click here to join me before tomorrow morning](. - 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: Spike: An immediate price change in a security where the relative move is much higher than the normal volatility [( 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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