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Two Weeks and the same spot for SPY

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optionpit.com

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support@op.optionpit.com

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Tue, Jul 2, 2024 10:30 PM

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Two Weeks and the same spot for SPY The S&P 500 trust ETF is up 15% this 1st 6 months of 2024. A

[fstp, logo, header] July 2, 2024 [ag views, logo, header] Two Weeks and the same spot for SPY The S&P 500 trust ETF (Ticker: SPY) is up 15% this 1st 6 months of 2024. And right now it has gone nowhere fast since the last big rally after the benign inflation news. That is where we sit going into the longer almost 5 day weekend. [ded] ½ day Wednesday, off Thursday and should be a very illiquid Friday. Vol Man thought of the 11 handle for VIX this week with 5500 and here we are. Only the NFP number will upset the apple cart. My guess is we are stuck until the NFP which will crater what is left of the VIX. VIX lows for the year are in play. - 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)  [fomo, header, logo,] Is it time to drive a Tesla again? Yo Pit Crazies, [We had an event today at 1pm, where all of Option Pit pops in for some fun and recap 2024 and what the second half should bring us. Click here to watch!]( Tesla Inc (Ticker: TSLA) is on a roll. If I had some room in my OP portfolio i might add it but I think I might add it anyway. I bought more shares below $200 this week and I think TSLA might surprise people. [ded]( Let’s see some of the things Elon Musk is doing: Built a reusable rocket company to make space flight 10x cheaper Built efficient solar energy storage Built a cheap satellite network for internet Building cheap AI robots Building cheap cars electric cars Made a social media company profitable by using 85% less employees I am sure more to this but this is a good summary. Right now TSLA is the only way to get long Elon Musk. While some of the fashion has left his empire it is still formidable. Plus the stock is down in 2024. [Plus there is the magic two letters]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [Conference Header] Download Your Voucher Hey Traders, Thanks so much for joining us at 1PM! You can claim your $1,000 Voucher towards the Option Pit Conference [right here, free of charge:]( [conf]( At the conference, we’ll have 10 legendary speakers from the trading world, a steak dinner, a Cubs game, and now… we’re going to give every conference attendee the chance to set up the Option Pit Portfolio alongside us! The Portfolio is our long term solution for wealth-building. It’s where we’ll put our trading profits to work generating wealth through: - Dividends - Long term buy and holds - Trading for revenue and hedging  The Option Pit Portfolio is going to cost several thousand dollars, but it’s free when you [Attend the Option Pit Conference - and you can claim a $1K voucher towards your ticket right now!]( More soon, - Mark  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:  Volatility crush - A fast drop in implied volatility, often seen after a known event like earnings, which can inflate IV. [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. 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 [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](

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