 What's up, Navigation Traders? I want to go over a trading strategy that we used, in this case, on XLV. So, XLV is the healthcare ETF, and you can see it's followed the market fairly well with the huge down move, and we're kind of bouncing around. And so we ended up having a couple different iron condors on in XLV. So this one came down, moved through our breakeven, so we closed out the untested side like we always do, and then we had another iron condor where we closed out the untested side when price breached through this side, through the upside. Now prices come all the way back down into our range with this recent move down in price right here the last couple of days, and so now we're at a point where we can take this off and book a profit in one of those iron condors so we can take off our call vertical spread and book a profit in that iron condor. So let's do that first. So what we're going to do is we're going to highlight the trade, create closing orders. We want to buy the one with five contracts back, which in this case is the, just to confirm is the, we're going to buy back the 85 call, and we're going to sell out the 88 call. So we're going to buy back the 85 call, sell out the 88 call, as you see there. Probably be able to do this for about, let's try 54 cents, so hit confirm and send. And we got filled, actually ended up getting filled at 46, so we've got price improved quite a bit. So now we're out of that one. So now we've got this, this losing piece of the other one on. This is in March, which has 15 days to expiration. So what we want to do to collect more credit and give ourselves, you know, additional credit, give ourselves more time to be right is we want to add on another iron condor. In this case, the next cycle out with 50 days left is the April cycle. So if we open up that trade tab and we enter an iron condor, we want to do this because, because it's only an $83, $84 symbol, we need to be a little bit closer to the money. We don't want to go all the way down to the 20 delta, but let's try the 29 and see what that looks like. So if we right click on the 29 delta, sell iron condor, and then we'll adjust the strikes here in a minute, but just let's, let's just do it three points wide. So we'll click on the 89. So we are selling the 86 call, buying the 89 for protection. Then if we go over on the put side, look at about the same delta, the 29. So that'd be the 80 put. So we'll sell the 80 and we will buy three strikes lower. So that'd be the 77. And let's just take this over to the analyze tab and see if this is what we want to do. So let's uncheck our current position and take a look. So as you can see, it's a bit of a tight iron condor where we've got a max profit of $110, max capital usage of 190. So that's a good risk-reward ratio. If we set our slices to break even 421, let's move this to 421 as well to make sure we're getting an accurate reading. So a little over 45% if we've held it all the way to expiration, which obviously we do not. We manage our trades early. And so what this is going to do, it's going to recenter around the current price. It's going to take advantage of this high implied volatility. We've got IV percentile and the 97th percentile. So the options are nice and expensive, good time to sell. And we're going to add that credit so we can continue to manage that. Now our other piece, like I said, it's in a losing position. So if we get a little bit of a bounce back to the upside between now and the end of the March cycle, which we still have 15 days left, then we'll go ahead and book that one. We'll still keep this one on because we've got another 50 days to expiration and give ourselves more time to be right. So if we kick this up a few contracts to kind of mirror the other one. So at four contracts, now we've got a max profit of 440 with capital usage of $760. So that's what we like to do with this type of trade, continually add credits, reposition and continually book those profits until we make the profit that we're looking for. So I hope that was helpful. If you'd like to learn more about how we've taught over 10,000 members how to trade options for consistent income, just go to our site, navigationtrading.com. Click on the big orange button and we'll give you immediate access to our flagship course, Trading Options for Income. We'll also give you the navigation trading implied volatility indicator that you see on our charts along with the watch list that we use to trade the most profitable symbols day in and day out. All this is yours. No cost. Just go to our site, navigationtrading.com and we look forward to seeing you on the inside.