BY MARK SEBASTIAN
June 29, 2024
Hey Traders,
Investors are punishing when earnings miss.
Watch me join BNN to discuss the market and alternatives to investing in big tech.
Your Only Option,
Mark Sebastian
Mark Sebastian
Founder & CEO, Option Pit
See what's hot at option pit
CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain
DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain
PFE May17 26 calls closed for a 66% win
OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain
OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain
Ahead of a very short week because of the 4th of July Holiday…PCE was released…
This is allegedly the feds preferred form of measuring inflation…
Given the market is borderline obsessed with the FOMC’s will they wont theyon rate cuts.
One would think that the market would be juiced for PCE…
It isn’t: