[fstp, logo, header] August 19, 2024 [ag views, logo, header] SVIX makes a 10 day high This is a big week for VIX and volatility as traders focus on the FOMC Meeting Wednesday, Jackson Hole Symposium hosted by the KC Fed and the outlier event the DNC in Chicago. I donât expect much in the way of dominoes to fall in VIX land but SVIX is doing its thing and climbed out to a .68 gain on a light VIX move. The only thing holding VIX up right now is the fact we have all these headline events. [ded]( The FOMC and Jackson Hole have produced 100 point SPX moves in the last year. We have 2 in the same week. Hold on to your hats as SPX is only 2% away from all time highs. Yes you got that right, 2% from All Time Highs. SVIX is likely to plod higher. Join us in the [Trading Desk](and see how to trade it where we are looking for double! - 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,] Watch this video before trading this week Hey Traders, Today's Trader's Edge video is now available! We'll discuss what you need to know heading into this trading week, plus we'll give you some stocks I'm watching. Let's dig in. [yt]( [Click here to watch the video!]( - Mark --------------------------------------------------------------- Want to get Mark's Trader's Edge updates directly to your inbox?[Click this link to sign up!](  [frep] Hey Traders, This week's Ticker Highlight Show is now available for viewing. This week we cover the online retailer Amazon! You'll find the replay video, written breakdown and the trade idea [right here.]( [ded]( - Mark --------------------------------------------------------------- Receive the Option Pit "Ticker of the Week" breakdowns as soon as they are released. [Click this link to sign up!](  [fpri] Is the Inflation battle Won? Hell No! Hey Income Hunters, The U.S. Budget Crisis: What It Means for Our Future The U.S. government is facing a big problem: it's spending way more money than itâs bringing in, leading to a huge budget deficit ⦠Imagine if your family kept buying things on a credit card but didnât have enough income to pay the bills. Eventually, that debt would grow so large that it would be impossible to manage. Well, the US deficit in July, reported last week, was the second largest EVER! [FPRI] What really makes the budget deficit report so threatening is that in 2021 when it reached the highest level in history, the unemployment rate was 5.4% ⦠Can you imagine the impact on investment flows when unemployment hits 5.4% in the current economic cycle? It is certainly not a pretty picture and will trigger some critical policy decisions and incredible market moves ⦠[Click through for a peak at the likely path ahead and the impact on markets â¦]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  --------------------------------------------------------------- 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:  Risk Arb- Short for Risk Arbitrage and it involves shorting one security and buying another to make money on the contraction of the spread between the two securities. [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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