Dear Profit Takeover reader,

Today during the Profit Takeover show, I took a deep dive into the VIX – the Chicago Board Options Exchange’s CBOE Volatility Index…

I use my expertise of volatility to place every single options trade…

And understanding volatility has made me – and others, a lot of profit.

But everything we know about trading the VIX is about to change.

Because two new products released today: SVIX – a -1x Short VIX Futures ETF – and UVIX – a 2X Long VIX Futures ETF.

And soon, both of these new products will have options…

Giving us DOUBLE THE OPPORTUNITY to trade volatility.

Trading volatility has been arguably the most lucrative strategy in 2022 – a year whose first three months were some of the most volatile the market has ever seen.

The oil and energy sectors have been some of the MOST volatile this year –

And I see volatility as a huge opportunity…

I have used my vol expertise to recommend some oil and energy partial positions in the Profit Revolution that have absolutely crushed it so far this year…


The Profit Revolutionaries have been able to take advantage of this huge volatility in oil and energy names –

If you are interested in joining us…

CLICK HERE to find out more about the Profit Revolution.

Until next time,


Mark Sebastian
Founder, Profit Takeover

VIX LIGHT

The VIX traffic light is my prediction of how volatility will move.

Red means volatility is likely to drop.

Yellow means a strong move is expected. Green means volatility is likely to increase.

Today, I expect volatility to drop.

VIX is up a touch today with the market down – it is at 19.46 at the time of writing this…


VXX is at around 25.21 at the moment…


And VIX futures are in a pretty steep contango


The SVIX and UVIX are now live today for trading.

These are going to be really interesting products that will eventually have options and I cannot wait.

LIVE SCHEDULE (ET)


Thursday 3/31: 11:00 – 11:30 am Foundations of Trading Preview

Friday 4/1: 9:30-10 Profit Takeover


TODAY’S WATCHLIST

These are my top-watched stocks that have cheap options:

  1. AMC Entertainment Holdings Inc (NYSE:AMC)

The AMC squeeze may be ending as the stock is down and IV is getting crushed.

Image from wallstreet.io


I will be watching AMC tomorrow.

  1. Tilray Inc (NASDAQ:TLRY)

TLRY was up this morning around $9 for a little while…

Image from wallstreet.io


I am going to watch IV here and might make a play here over the next couple of days.

  1. Denison Mines Corp (NYSEAMERICAN:DNN)

DNN was making a run up this morning and is now at about $1.60.

Image from wallstreet.io


I think there will be another run higher as uranium prices continue to climb.


Comments

Leave a Reply

Your email address will not be published.