🚗PLTR Earnings Are Sweet 🎂

[] [The daily rundown of everything happening at Option Pit.]( [.]( MARK-et Open Hey OP Crew, Griff here with the Chart of the Day. Today’s chart goes to Palantir Technologies (Ticker: PLTR), an AG favorite! They reported a Q3 earnings and revenue beat plus issued guidance that topped estimates. The icing on the cake was CEO Alex Karp said the stock is now eligible to join the S&P 500 index. Check out the Put & Call impact: [ PLTR may be a sale here or certainly taking profits here makes sense but if it can clear $20 there is a massive air pocket to the $30 strike. Let’s Go! [ Trader's Edge: VIX, Bonds, and AAPL Earnings Why is the market going up? In today’s video, I take a look at the action in the SPX and the bond market, as well as share the trend in VIX and analyze AAPL ahead of earnings. [So click here to watch today's analysis.]( - Mark [344)_(1).png]( Pit Report: Making Money With the MOS Breakdown The stock market is at a crossroads as I write this. The S&P 500 is sitting at its 200 Day Moving Average. The index is up on the year but right around 10%. Underneath the surface, there are sectors that have performed and those that have not. Mega caps are pushing their weight around while everything else is underperforming. But even within the everything else group, there are stocks that have simply been taken to the woodshed…heck…entire industries. This week we are looking at a stock in one of the worst performing areas for 2023…is it time to jump into this (and others in the industry) beaten down name…or is there more pain on the way? [Read on to find out.]( - Mark AG's Views: VIX Back to Lowest Level in Three Weeks From the desk of Option Pit Director of Education Andrew Giovinazzi Today is the day that VIX drops more than the VIX futures. Usually this is very normal activity as VIX cash, SPX IV in the parlance, drops as the market rallies. But no, I say! IV at the money is not going down. [ The snap below is the SPX Dec02 4300 strike. Note that the IV on that strike is not going down. [ That means there is room for SPX IV at the money to drop further as long as we don't get another massive 1.5% rally. I am setting up VXX/SPY pairs for the next quarter in OP Mentoring and Pro today. - 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: Barrier to Entry: meaning a particular company has a moat of protection built around their business that restricts competition from gaining market share on them. [( 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? You can [Unsubscribe]( or [Update your preferences]( This email was sent by support@optionpit.com. 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy]( This email was sent by support@optionpit.com to {EMAIL} Click here to unsubscribe | [Manage Preference]( Daily Newsletters ex. Vix Edge, Pit Report, Profit in Pumps, Power Moves, Power Income, etc. Option Pit | 190 S LaSalle Suite 3000 Chicago, IL 60603