The Wicked Hiking Cycle is Dead!

Daily Pit Stop [FSTP](   Frank Gregory has acquired a new target – literally. It’s next-gen military arms and equipment investment opportunities. And that’s just a start. With unrivaled access, Frank will help you profit from rumor and reality inside the Beltway and beyond. [See how when he goes live this Thursday at 7 p.m. ET.](   MARK-et Open  Hey OP Crew,  Griff here with the Chart of the Day. What a difference a CPI day makes! All of a sudden there are 4 rate cuts priced in for next year starting in 6 months. The market may have to double that depending on the economic data in the months ahead but either way. Ding dong, the wicked hiking cycle is dead! [fstp] Expect a minor pull-back in the next few days. Then we’ll see if we get a repeat of the year-end FOMO rally of last year. One step at a time … Let's Go! -Bill  [Pit Profits]  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](mailto:/support@optionpit.com).  --------------------------------------------------------------- Trader's Edge: How I’m Doubling My Money with One Trade  On Monday I started my “double my money” on a single trade challenge.   For this challenge I am putting 1000 dollars into a single trade using a VIX product. My goal is to make 1000 dollars on the trade.  You might say to yourself, Mark, why are you entering a VIX trade right now?  The answer is the set up…it is there…and I think it might be spectacular.  You see the VIX futures are signaling something coming that I think is going to make my trade work…and relatively quickly.  What is this signal? I am going to show you…  [Click here to see why I executed my VIX trade on Monday and why you should think about jumping on board.]( -Mark  AG’s Views: The Government Still MattersFrom the Desk of Option Pit Director of Education Andrew Giovinazzi.  Yesterday I wrote this up in my OP Newsletter before the CPI print came out: “If the CPI comes in hot, expect a down opening, maybe 1% or more but if inline, just a slow grind higher but 4500 is easily in the cards by Thanksgiving. I set up a trade in OP Mentoring  that was theta positive but long “smile” from 4350 and higher.” [ftsp] SPY 3 Day chart with 1 min candles  It did not come in hot and the 4500 by Thanksgiving happened today. For my [OP]([Mentoring](folks this was a nice 20% gain even though it was the opposite way I had intended.  We still have the shutdown looming and no better person than Frank Gregory to walk you through the Gov’t Shutdown Maelstrom.  [Check him out this Thursday at 7 p.m. ET to see how you can profit by proximity to his inside information.]( - AG  OPTION PIT GLOSSARY [Glossary] There are plenty of terms in the trading world that need explaining. The [Option Pit Glossary]( is here to help. Today’s phrase is: In-the-money (ITM): Only options with intrinsic value can be ITM. A call is ITM when the stock price is higher than the strike price, and a put is ITM when the stock price is lower than the strike price.  [Questions] You can [Update your preferences]( This email was sent by [support@optionpit.com](mailto:/support@optionpit.com). 1-888-872-3301 [Option Pit]( | 190 S LaSalle Suite 3000 Chicago, IL 60603 | [Privacy Policy]( [Stop receiving OptiPub emails](