Laden...
Friday Market Overview ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
In times of international unrest, the price of oil is set to spike. Now that Ukraine has fired upon Russia and tensions are rising, Frank and Andrew are ready to make their long oil play. Plus, their Zero Theta trade strategy allows them to spend less money and take on less risk. Click here to find out how.
Friday Market Overview
Hey Traders,
As we wrap up another eventful week, the markets continue to signal a good mix of bullish and bearish moves. While the S&P 500 and NASDAQ have shown strength, breaking through key resistance levels, we still have our conerns about overvaluation in certain sectors, particularly tech stocks like NVIDIA (Ticker: NVDA).
Stay tuned for our Ticker of the Week: NVIDIA (Ticker: NVDA) coming tomorrow.
The followings topics were all covered in our weekly live show "Big Flow Friday"
We host this show every Friday at 8:30am ET.
Attend live by adding it to your calendar below.
Add Option Pit Live to your calendar
Option Pit Team Key Takeaways:
S&P 500 and NASDAQ Strength: Both indices have broken through significant resistance levels. As a team, we think this one has some room to run. So buckle in and enjoy the climb. Bitcoin and Crypto ETFs: The recent surge in Bitcoin and the launch of Bitcoin ETFs have created new opportunities for investors. However, Licia wants to remind everyone that it's important to remain cautious and monitor RSI levels for potential pullbacks. There's also word of a cash-settled bitcoin on it's way. Check it out here. Energy Markets: Geopolitical tensions, obviously the ongoing conflict between Russia and Ukraine, continue to support oil and natural gas prices. Andrew keeps reminding us that tensions are still high and it would take one wrong step to send things into overdrive. Keep an eye on USO and XLE. NVIDIA's Meteoric Rise: NVIDIA's still abiding by the "This Is America, and Stocks Go Up" mantra. It will finish off the year as the real juggernaut of 2024.Trading Strategies:
Volatility Trading: The current market environment presents opportunities for volatility traders. Strangles and straddles can be effective strategies to capitalize on increased market uncertainty. Option Income Strategies: We'll dive more into this in Ticker of the Week breakdown, but selling covered calls on NVIDIA is a solid strategy right now. We think it can generate income while severely limiting our downside risk. Energy Plays: Given the Ukraine/Russia escalation and potential supply disruptions, we see energy as a sector to offer up some real upside.Conclusion
As we head into the holiday season, it's important to maintain a disciplined approach to trading in the market right now.
We could see things dump just as fast as it ran up.
While the market is offering up some exciting opportunities right now, it's essential to pick the right options to maximize profit potential and minimize the downside.
Perfect example of this is the Capitol Gains 5,400% winner using a Zero-Theta trade in RCAT Holdings.
During our morning meeting, Frank gave us a sneak peak at some potential upcoming picks (AI and Drone related.)
It's an exciting time for members of Capitol Gains and there are much more trades coming.
If you're not a member, give this a look.
Have a great weekend!
Your Only Option,
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
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 [email protected]. 1-888-872-3301
Option Pit | 190 S LaSalle Suite 3000 Chicago, IL 60603 | Privacy Policy
Laden...
Laden...
