Daily Pit Stop [fstp, logo, header] Marks brand new Directional Trading strategy is undefeated since September - and Thursday, Feb 15 at 8pm ET heâs revealing how he made $14,983.Â
[Sign up now and receive the next 8 stocks on his watchlist as a bonus!]( [ag views, logo, header] Once again CPI delivered a move At one point today, SPX was down 2% on the day or nearly 100 points total. I went live yesterday for an all hands on session for trading SPX or SPDR S&P 500 Trust (Ticker: SPY). Traders were pricing the week's move yesterday for $5.00. I picked up some strangles in SPY both short and long term and sold the puts out this morning. The short term trade is a lock for 20% and I am running up 10% on the long term trade with a shot to make the longs pay. VIX traded near Zone 3, 18-23 VIX, for the first time since November. In the previous 10 CPI numbers, the prevailing move held but this one stopped cold once VIX hit 18 this afternoon. [fstp] SPY should see a downward continuation tomorrow since the rate drop talk should be dead in the short term. On the opposite side, the VIX collapse from top makes me think we will take 500 SPY again this week. If the rate drop rhetoric is dead, 480 SPY should be in the cards this week. - AG  [logo, pit profits] - Option Pit Mentoring - closed SPY FEB16/FEO09 499 CC 1.35 Feb16 490 p 2.10 for a 7% gain 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)  [frep] Take a Bite of AAPL Hey Trader, This week during our Ticker Highlight Show, we covered Apple Inc (Ticker: AAPL).
If you don't know what our Ticker Highlight Show is, it's an extra live trading session Andrew and I host on Mondays at 10:30 a.m. ET each week for Option Pit paid traders who have an account on our Option Pit WebApp. This means they get their trade alerts INSTANTLY. If you are a paid subscriber and haven't logged in, [you can find full instructions HERE](. I suggest you do that now - because these trading sessions have been on fire. [Check out the track record right here.]( We each gave our thoughts on AAPL last week in the Pit Report, and we held a live roundtable show yesterday to come up with some actionable trades for you. [Click here to watch the full show.]( (And again - to get these trades LIVE with us each Monday, [follow these instructions]( to login to the Option Pit WebApp) - Mark   [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:  Daily options - Options with a 1-day expiration date. These could be binary or ordinary options, for example. [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 theyâre 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 userâs own risk.
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