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VIX acts normal for a day

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Wed, Oct 16, 2024 10:30 PM

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VIX acts normal for a day The pundits have a field day but for whatever reason stocks are recovering

[fstp, logo, header] Capitalize with Bombshells, Aftermaths, Fuse Trades and more heading into this earning season.[See the proof and learn the 4 trading styles and how we pick the perfect price to maximize the profits right here.]( [ag views, logo, header] VIX acts normal for a day The pundits have a field day but for whatever reason stocks are recovering, Israel appears to not bomb oil fields and VIX is moving in the opposite direction as SPDR S&P 500 Trust ETF (Ticker: SPY). The bigger reason is that DJT is starting to look better in the polls and in the betting lines. Once the election was a toss up 3 weeks, VIX went up getting ready for the inevitable volatility buildup around the election date on Nov06. Stock even ignored bond prices and yields started to rally again. As for today, stocks bounced and VIX dropped without a corresponding rise in volatility. That is a sign things are looking close to normal and Election Madness is taking a break. The fact that there are laws in the USA that preclude knowing election results the day of the election, due to acceptable delays in ballots, strike me as crazy but that is our Republic. [ded] As a reminder ATM volatility in the SPY went to 49% on the strikes around the 2020 election. Things were a bit different then under the various COVID lockdowns still going on in some states. I priced the Dec Volatility in SPY as relatively high this am during the Trading Desk session. It has backed off a bit into the close. For now DJT is in the betting lead and the market likes 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) [fpri] Trump’s Lead Widening … Trades to Consider Hey Income Hunters, We are now well into the 30-day to Election day Volatility zone … Election risks are now being factored into the stock and bond markets. Wall Street trading desks including Goldman Sachs, are now recommending the trades I have been suggesting for months … And they have been consistent winners … The lowest risk/highest reward trade has been selling US Treasury (UST) Bonds … And the iShares 20+ maturity UST Bonds ETF (Ticker: TLT) provides a deeply liquid ETF vehicle for expressing this strategy. What makes this strategy such an easy winner, you say? [Well, today we will review the reason behind the strategy and what trades should produce the greatest results into the end of the year.]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!]( [fpip] Tsuchinshan-ATLAS Hi Shoppers, Due to the hurricanes we never did get to view the Draconid Meteor Shower. But we have seen and you can too, if you are in the northern hemisphere, the Tsuchinshan-ATLAS Comet. It is amazing! [FPIP] My husband took this photo with his iPhone using a three second exposure next to Naples PIer on October 14th. It is 46 million miles away and traveling at 150,000 miles per hour. The head of the comet is two miles in diameter and the tail is believed to be 18 million miles long made up of tiny pieces of ice and dust. Based on its trajectory and calculated orbit it will not return for another 80,000 years. Think about that, it will be moving 150,000 miles an hour for 80,000 years. The closest it came to us was on October 12th at 44 million miles away. Tsuchinshan-ATLAS is named after the two observatories that spotted it first, Tsuchinshan in China and ATLAS or Asteroid Terrestrial-impact Last Alert System in South Africa. This comet is the brightest in a decade but not as bright as Hale-Bopp in 1997 which was 37 miles in diameter with a tail of 31 million miles long and 120 million miles away at its closest. We actually saw Hale-Bopp while we were in the pure darkness of rural Arkansas and it was incredible; almost unreal in size and brightness. Peak viewing of Tsuchinshan-ATLAS is until October 26th. It is moving away from the earth so you need to get out there and look in the western sky after sunset. Pretty darn cool. You know what else is cool? Voz and Hannah! [They will be holding a special event today at 2:00 ET. Add it to your calendar.]( [Check out my trade idea in Affirm Holdings(Ticker: AFRM).]( - Licia --------------------------------------------------------------- Join Licia's trading community and start receiving her Profits In Pumps Newsletter. [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: Time decay - The amount of value an option loses as expiration approaches, assuming the volatility stays constant. [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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