VIX is not taking this rally well.

Daily Pit Stop [fstp, logo, header] Every day, big money makes a twenty MILLION dollar trading mistake - and the money they leave on the table is just waiting for us to pick it up. [Join Mark Sebastian in less than 15 minutes to talk about how you can leverage this mistake for your own options gains.]( [ag views, logo, header] VIX is not taking this rally well One of my students in [OP Pro]( likes the internet phrase, “stocks only go up”. I can see why he likes it because it sure feels like they do. That phrase got popular when Dave Portnoy started day trading during COVID. One thing that has not stopped? Uncle Sam likes to spend and has done so since 2020 with current Federal outlays 40% higher than Jan 2020. The only thing running hotter than prices since 2020 is Federal spending. This is a snapshot of my Ticker Screen. Only tech and bigger tech is running and that is FOMO in the worst way. [fstp]( For sure traders are coming for the shorter term IVs today. Things got too cheap as Big Tech earnings, the FOMC and a bond auction all collide next week. 5000 or sub 4800 easily by next Friday. [fstp](Place your bets. We are running several long VIX positions for a credit in a few services after some cagey trading. Check out [OPMentoring and Trading Desk]( if you want to learn how to trade a market at the top. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/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)  [fpri] Time to Reload on Inflation Protection (TIPs) Hey Income Hunters, Since the beginning of 2024 we have seen a massive divergence between stocks as measured by the S&P 500 index (Ticker: SPX) and bonds as measured by the iShares 25+ maturity Treasury bond ETF (Ticker: TLT) …[pri]( This major shift has taken place even as 3 major policy discussions are going on at the Fed, which are all intended to give a huge boost to bond prices … - Hinting at scaling back quantitative tightening (QT) or the selling of bonds into the market. - Discussion to give the banks more capacity to buy bonds by decreasing the capital they hold as a buffer against recession risk. - Dollar strength is once again triggering intervention fears for coordinated central bank efforts to weaken the dollar. So, what gives and what does it mean for you? [Click through to see why the Fed signals ARE saying to buy bonds but only the inflation protected kind (Ticker: TIP)]( - Bill  [fpip] Option Pit Membership Hi Shoppers, As you may know, here at Option Pit, we choose a stock to analyze every week. Mark Sebastian, Andrew Giovinazzi, and myself each write a synopsis of where we think the stock is heading. This write up goes out to the public. We have recently added a weekly live session featuring all three of us as we discuss the stock of the week. Usually it goes along the lines of Mark covering the fundamentals, Andrew analyzing the volatility and where the options are trading, and I break down the stock chart giving support and resistance levels. We then come up with at least one exact executable option strategy. [You can view the actual trades and track record here.]( Did you know we have our own Option Pit App? Our members receive their trade alerts instantaneously on their phone and/or computer. The app also sends notifications for your live classes everyday. It’s fantastic. [It is time for you to become an Option Pit member.]( [gif] We have enough services to cover every trading level and type of trader. You can call Ted at [888-872-3301](tel:/888-872-3301) to find the right fit for you. [On to the trade idea in Merck (Ticker: MRK).]( - Licia   [glossary, logo] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrase is: Pennant - The continuation price pattern is similar to a flag, except that it is more horizontal and resembles a small triangle when composed. [ftsp] 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. 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. 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