Daily Pit Stop [fstp, logo, header] If your goal is to make money trading, joining us tonight at 8pm is a tremendous step in the right direction. Licia Leslie’s will be going LIVE with her free pitchfork training tonight [>> CLICK HERE TO JOIN US LIVE @ 8pm ET <<]( [ag views, logo, header] Will it take AAPL earnings to crush the VIX?  9 Day VIX is still higher than VIX (30 day) going into the close. The two main items on list are NFP numbers and Apple Inc (Ticker: AAPL) earnings. I cannot see any good sentiment around AAPL prior to the number on the Fintwits I follow. That does not mean they can’t surprise but I think the sentiment is bearish around AAPL earnings. This market has been one to pop surprises. [ded] While I think AAPL earnings might be light, the market will like them and that will crush VIX into and through the NFP number tomorrow. With less news, that should be a lower VIX.  I want to see 9DayVIX drop below VIX to get us out of the recent volatility. Tomorrow is a good day to do it. - 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)  [logo, fvix, header,] Wild Ending to the Day...But What's Next?  Hey Traders, In today’s video, we’ll cover: - How the fed talk impacted the market
- What happened at the end of the day
- What's next? [yt]( [Click here to watch the video]( - Mark  [fomo, header, logo,] Students are having too much fun in Weekly Profit Cycles  Yo Pit Crazies, [Licia puts on her Lady Poseidon Crown and becomes the Queen of the Tridents or shall I say Pitchforks. Catch her class tomorrow and learn how she posts big wins using her method.]( On an FOMC JPow day I put out the trade ideas early before the market starts to heat up. The liquidity is so bad by 2:15-3:00pm the only thing I want to do is put out limit orders to close. Unfortunately that is right during my class time as the Fed has decided to disrupt my Roomies in WPC by warbling on about the mess they are about to make. I entered the trade at noon and it was clear as the S&P 500 Trust ETF (Ticker: SPY) went moonshot that I had to close part of my trade that was up 65% in about 3 hours. Licia did better than me in ODTE but that is for another post and reason to check out her class. My problem was I did not want to send out a close on the call because I did not want students to incur a day trade issue. [ded]( SPY 1 day chart with 1 min candles Because Weekly Profits Cycles generally sells into rallies and buys dips, today was a good one. [ded]( It was my WPC Roomie that got me out of my Day Trade bind and it is a device Mark Sebastian uses often. I was going to settle for a stop away from the market but that would have left considerable dough on the table. [Here is what we did and it is something that can help you]( - AG  Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. Add Option Pit Live Events to Your Calendar [Apple]( [Google]( [Outlook]( [Outlook.com]( [Office 365]( [Yahoo](   [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:  Back-month - The later-dated, longer-term expiration option series (vs. front-month). [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.
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