Get Your Data Starting This Week

[] [ Hey Trader, We took a deep dive on the data that is transforming Option Pit trading last Thursday. [The video is here]( -- and below Bill Griffo has pulled out 5 key teaching moments. [After you read through, be sure to grab your FREE two-week SpotGamma trial subscription. (Coupon code: PIT).]( Enjoy! [1).png]( 1. Brent Kochuba – from minute 13:15 to 18:25 illustrating how various strikes of specific stocks build large put and call open interest, which defines the support and resistance levels for each stock. He then reveals the correlation between Treasury Bond interest rates and the S&P 500 volatility (VIX) and suggests that interest rates will continue to be the driver of stock prices … The other key point Brent raises is how important option expiration (OpEx) dates are … He specifically points to the Oct17 VIX OpEx, which was elevating prices due to how large bullish positions in the VIX … Once those positions expired the S&P 500 index (Ticker: SPX) fell quickly … Key points: Monitor the US 10-year (Ticker: US10Y) If rates move lower/prices move higher and that is bullish for stocks and vice versa. 2. Bill Griffo – from minute 30:00 to 31:55 Mark tees up the US10Y interest rates (inverted on the chart) and its impact on stock prices … This is incredibly important to understand because the fixed income you can generate with “risk-free” US Treasury bonds is now competing with overvalued mega cap growth stocks, which are now just starting to trend lower, and they may continue to do so. 3. Mark & Brent insights to Magnificent 7 – from 34:15 – 39:17 Brent introduces a unique product offered at SpotGamma, which combines all 7 of Magnificent 7 stocks (AAPL, AMZN, NVDA, GOOGL, META, TSLA, MSFT). SpotGamma gives you one ticker that combines real-time option flow for all 7, which is incredibly valuable since it is these 7 stocks that drive the S&P 500 and QQQ. Brent and Mark then go on to explain how real-time option flow is driving real-time stock prices … This is a major change for markets and SpotGamma provides all the data that allows traders to see this impact real-time. Mark and Bill review a case study on how to use the SpotGamma tool as a roadmap for trading … minute 49.19 to 52.25 … A key benefit to the SpotGamma data is having access to the largest negative gamma strike (Put Wall) and the largest positive gamma strike (Call Wall … These strikes define the major support and resistance strikes for each single stock and ETF. Bill takes you through a trade from Wednesday so you can see the process of finding a trade and executing it via the SG platform. 5. Bill reviews a daily Road Map for trading short-term moves in the market with an example from Thursday Oct-26 … Minute 58:05 – 1:02:40 You will learn how to combine the SPY 5-min chart, the VIX and the Volume Weighted Moving Average (VWAP) plus the SG levels of support resistance and the implied moves up and down. Bill shows an exact example of use, which provided a trigger for a trade. [Now be sure to grab your TWO-WEEK trial at no cost (and use Coupon Code: PIT.)]( Your Only Option, [ All the Right Options. The Option Pit Team brings more than 150 years of experience to you every day. From the trading pits of Chicago to the world's largest banks to the halls of power in DC -- they've done it all. Now they’re collectively focused on one thing: making YOU a better, more profitable trader. Click the button below to schedule a call with our concierge Customer Care Team to find your best fit today. [1).png]( 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. 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