Dear Profit Takeover reader,
This is the week we’ve been waiting for.
PPI is coming out tomorrow – which means the cost of producing goods – and depending on the results, this could affect how much money is going into the market.
The FOMC meeting notes come out this week… which will reveal the Federal analyst results of the state of our economy and financial conditions of the country –
And of course, quad-witching is THIS FRIDAY…
Which means HUGE volume and WILD volatility in the market.
I expect that liquidity is going to dry off with all of these major events…
Especially since we’ve been in a bear market –
But there’s an opportunity to play the market for huge profit potential in these volatile times…
My current strategies in the Profit Revolution are leaning into energy and other commodity trades AND teaching traders in the Profit Revolution how to trade SPX and XSP closes.
These Profit Revolution trades have been killing it so far…
Profit Revolution Closed Track Record as of March 1
And my SPX closing educational trades are on fire lately!
I helped this trader learn how to find cheap options, and he was able to trade SPX for a CREDIT!
That means he was essentially PAID to make this trade!
Now is the best time to join the Profit Revolution or upgrade to the Profit Revolution Lifetime because…
Annual and lifetime prices are permanently increasing for Profit Revolution at MIDNIGHT on Friday.
So get in before the price goes up!
CLICK RIGHT HERE to join us…
Or call Gabe and his team at: 877-848-3418 if you have any questions.
Hope to see you in the Profit Revolution.
Founder, Profit Takeover
The VIX March options expire tomorrow, right ahead of the FOMC… which could produce some fireworks.
The market is green today so far, but VIX – which was up on Friday – is up again to about 32.16 at the time I am writing this.
Futures themselves are down a touch –
Which means backwardation is actually steeper than it seems.
I will be looking to fade any early rally.
The last time we had extended markets where vol was down….
Was when the pandemic hit:
February 20th was the beginning of pandemic selling…
Which echoes what we are seeing now.
In the meantime, I am going to be watching as the market tests the bottom before rallying back up.
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Wednesday 3/16: 10:30 am – 11:30 am Profit Takeover
Thursday 3/17: 11:00 – 11:30 am Profit Takeover
Friday 3/18: 10:00-11:00 am Profit Takeover
- Bank of America Corp (NYSE:BAC)
Banks are getting a pop this morning ahead of the FMOC after a really rough week.
Image from wallstreet.io
IV and HV are high here – I would look at a cheap way to short.
- Cboe Global Markets Inc (BATS:CBOE)
SPX and VIX options trading has been huge.
Image from wallstreet.io
This is a sneaky, backdoor way to play long volatility.
I will be trading SPX and XSP today in the Profit Revolution.
- Exxon Mobil Corp (NYSE:XOM)
XOM has been getting pounded this morning as oil comes off.
I’d be a buyer if XOM gets below 80.
March 14 2022