 Good morning, everyone. Happy Wednesday April 3rd 2024 a little bit of red coming in again Nasdaq is the weakest down half a percent S&P down a third of a percent Dow is down 60 points. It's the strongest Tesla continuing to Take a beating this has been One of those stocks. It's really been struggling the last few months Not much in the green whatsoever Got in one mighty 90 yesterday. Yesterday was kind of an odd morning So hopefully now we can get a few more setups today and today trading The two days to expiration option chain try once again Right out of the gates to get in the NDX trade that Steve has in his trade plan Bring here in about 20 seconds There is the bell meta starts out green so stocks summer Pushing up right out of the gates here. It's based on history. I thought maybe we Stocks would be up this morning given the down day yesterday, but all right. I get filled on the NDX trade AMD pushing up last stocks have gone green now Meta up about three quarters of a percent AMD really pushing up in our second bar here We will look for some volume runners been a while since I've gotten into a good volume runner mix up three and a third percent Roku getting a volume bar that looks It could get as big as the first Roku's come all the way down to like 61 points or $61 it was You know, it's close to a hundred not too long ago So Roku looks like it's gonna get a bar as big as the first Just pop it up a little bit To DTE's Sheep options. We go trying to get filled here at a dollar Build it a buck. Yep. 62 puts filled at a buck and ooh Now it's popped up. I don't want that to turn green. It's time. We got that's 30 seconds. Ah, just turn green Closing my Roku build a 93 cents. Yeah with everything else pushing up. I just Man that flipped really quick It still may come back back down, but I don't you know when it was popping up Like that's a good time to get in and as long as it stays weak Don't see any other volume bars Yeah, now it comes back down So small loser mean just following the rules So we'll look for some mighty 90s Walt I'm getting an error that an order was rejected because It exceeded day trade buying power. You probably have something incorrect. I just Cancel it and re-enter it Whatever it is you're trading up. I'm not sure what strategy you're trading, but Now down 18 as deck down 60 53 s and p down three They're still up three and a third So we're looking for a bar bigger than the previous In the same direction for mighty 90 not bigger than the first Nothing here nothing there You got like three screens that have all my top stocks So I can only share one with you guys You know we're okay coming back down Walt so can I can't please want to trace it? Um, I mean, it's not I'm not really sure what you're trading what strategies what broker you're using I mean, I would I would contact your broker if something's If you're getting a message from your broker It would be they would be the ones to go to Yeah, don't Not much separation and apple uh john k. I scan just by Having them, you know pages like this where I can look at six at a time Yeah, so Chris mentioned mighty 90. You can see here. There's just Barely separation. I want to see Significant separation there For mighty 90 mix coming down Roku did come down Vicks at just above 15 Things have been kind of choppy right a lot of the gates M. U. Pushing highs of day Yeah, I don't I don't really For these strategies. I don't really doesn't really bother me if People are speaking or if there's news Unless it's something major like a jobs report or Um inflation report something major Well, I'll be a little more careful I've got a little I've gotten a little I've got some theta decay on my end the x-trade square Coming down might have a mighty 90 Square we got 30 seconds I don't think that bar is going to get as big as the first Yeah, I'm just kind of Waiting here before getting in didn't get as big as the first So 77 calls in square Builded a buck 90 So I will get out of half my square at 210 You can kind of see here Square how it's got uh You know that's got the volume separation there volume pop Roku Did come down more and would have been a nice winner But Rules I've been in that situation where it's flipped colors in the last 30 seconds and then it you know and went in that direction It went against me and you pushing highs of day Roku got a big red bar now I'm gonna stay away from it It's not gonna get me again Square trying to give us one green bar filled at 210 to close half square No nice push up in square. I get out of another square here Filled at 225 Close a quarter of square So definitely going to get a green bar here anything else That flick's just chopping Mu looks like it has a big volume bar at the upside back a little bit. Let me take a look at mu See mu 124 calls But 207 and I would close half at 227 And you can definitely get a better fill than I got I'll put an order at 240 to get out of another square Square come or am you coming down? I don't necessarily like where it's going to hold Put the mu in here. That definitely could have got a better fill than me. I was I jumped in I didn't want it to take off on me and miss it So there's a good example. Sometimes I get better fills. Sometimes you guys do DJ T even if you've heard of that again True social, huh? I didn't know they had a stock Square trying to give us a second green bar Micron coming down See it hold there I could add to my micron, but it's kind of right at my point where I would Bail on it add to it and if it goes through this pivot, then I'll bail So the buck 80 to add to Mu Yeah, so this pivot if it goes through it, then I would just Bail on it. It's got one minute So I'm definitely going to Let let this bar finish and then see what it does. I don't like where it's heading Yeah, so square is going to give us a second green bar. So be closing that So the 233 Close square a square I'm sorry 230. Yeah, 233 Then look at it Wow oopsies look at that Oh man, I'll close half my mu at 205 Dang it Well, I followed the rules But just when it I closed it right before the bar ended It just shot up Go figure We some of you hopefully some of you got into that Uh filled at 205 to close half my mu as well. It's up to about 275 now square is That would have been something else close another mu at 225 It's been a while since I've caught something like that Built at 225 to close a quarter of mu Yeah, could have gone the other way. It's true. Yep. Sometimes you get lucky Holy NASDAQ Holy vol crush I'm glad I was the least long micron Is this spx firing up? Oh man, everything's pretty much everything's green now Apple get a little mighty 90 Square with a mighty 90 short Microsoft potential green bar Microsoft potential green bar upside volume runner It did. Yeah potential upside volume runner and if apple can push back up That would get short on this mighty 90 apple. I would trade the 125 puts Built at two bucks in apple. That's the wrong Oops wrong stock 170 puts Dang it. I was I was on mu I closed those all right, so 170 puts in apple now. I'm going to wait and see if it pushes back up Sorry about that Uh micron closing another micron fill it 270 all right so 170 puts I'm gonna jump in here. No, I'm gonna wait on apple See if I get a push up a nice upside volume runner in micron I was hoping Apple like would push up just a little bit above where it was here Then get rejected kind of like squares trying to do Amazon's got a mighty 90 as well Dang, I would have jumped in that considering where it was Now let's come down. I just saw it just a few seconds too late So definitely some opportunities today All right, amazon 185 puts I'm gonna push up there push up I jump it in Built at 390 And I would close half at 430 amazon would have been a nice one darn it I'm I'm sorry apple would have been a nice one My screen was on mu too many screens going on No certain amount of profit targets john it's all based on rules so amazon two red bars out micron Um, it looks like it's wanting to pull back And not continue upward that I just closed it It's kind of discretionary Once you've booked profits Now there's a there's a definitely a mechanical mechanical out, which would have been It pushed here below this pivot Really below right there So now I want microsoft micron to continue upward. I mean he can have a little bit if it just pauses I'll continue to wait And there's no sir. I mean it depends how many contracts I do for these strategies is based on The stock price, right I got in A roku to buck I got an amazon at 390 so the the contracts are going to be different I identify, you know, what it means to go small medium and large based on my account Most of the time I go in medium Which for me is like Two to three thousand dollars of buying power and that's what everybody needs to make sure that they They have that identified in their account as well Steve's chiming in He's an upside volume runner. Yes. Yeah. Yes had a big bar Amazon now popping back up I did not get out of half That's come back. I wanted to book at least half out of that And close another micron here Build at 290 so amazon Give me one red bar could not give me two Really wanted to For this pushed up so Always add to it kind of setting just above where I got in so I'm not going to add to it yet And what a winner in my in micron beautiful But he had a big volume bar. It's kind of pulling back at amazon price Yeah, it's just a little bit below where I Where I got in so all right amazon pushing up Would add to my amazon at about like 350 Let's see where this goes before I do that. I'm gonna add to amazon Build at 355 to add to amazon and now I would close half at 390 my original get it my original price that I got in So look for two consecutive red bars there amazon still have several contracts in micron I might just close my micron and book the profits I think I'll do that So we're getting a pullback build at 270 to close my micron Just don't want to sit through a pullback here. It's pushed up pretty good Nice winner booking profits Beautiful winner beautiful winner So just need a couple red bars out of amazon apple never gave two green bars and now pushing up to highs of day You ended up pushing up through highs of day, so It's all right. I booked a nice winner and am you Yeah, I was tempted to get long in video probably should have I was still pushing up Yeah, microsoft really took off Had a big volume bar didn't Didn't really have I had a little pullback I guess Not as much as I like to see Dow up 79 nasdaq up 60 s and pf 17 I'm assuming What was the expected move for s and p Yeah, I had mentioned that christ Mentioned in video as well So the only thing I'm in is amazon. I'm looking for a 390 close half Two red bars Man the vicks really got crushed Still up though. I'm still in the green vixes Amazon came back down about where I entered So man if I could just get one more push down after this one Micron still going anybody anybody hold on to either micron I couldn't I shouldn't maybe just held a couple contracts. I had seven left So I was like if I get a pullback in micron, I'm gonna lose a lot of profits So I could have closed like five and then kept a couple on No, no, I was gonna do the apple trade, but I did the wrong stock So then I got in amazon instead of apple Remember I said oops and you guys questioned my strikes john k up there I Was the wrong strikes because it was the wrong stock And then Then it had come down on this red bar. So I wasn't gonna get in then after it came down So I jumped in Amazon micron just chugging upward man Nobody held on to any micron getting Hopefully get one red bar here at amazon And things look like they want to go higher But I mean they can't go up forever All right, nobody got in nobody held any micron Amazon's still gonna give us one red bar Close to 930 central. So I don't think I'll get any new trades But we've got one red bar here out of amazon like to get one more maybe push down and hit my profit target and then book a nice Green day it's been a while since I've had This many trades come on one more push down amazon more good push down, please We've got some stocks in the red though Costco down one and a quarter Roku down 1% you can do it And things look like they're I think they're still pushing up though Great amazon's gonna flip Vic's still coming down Yeah Don't like what I'm seeing Come on down here boys That's enough push Get rejected just rocketing up man micron would have been Already was a big winner for me Thanks to a great ad Microsoft through highs of day apple highs of day square highs of day micron highs of day Nvidia highs of day boy that would have been a good upside runner Nvidia taking that one Nasdaq highs of day Yeah, no no consolidation in any of Indices and so Oh sassy blue angel. Yeah, I know I don't it's too hard for me to Have three or four of these trades going on and Do iron condors as well? I've got a I got to get completely off the live stream team and Look at spx. Yeah, if you see me on the live stream scheduled morning. I'm not gonna be doing any iron condors Uh tlc iron condors, you know, I might do like that I did the end the x1 right when it opened, but it's just too much too much to look at Try to process So I always always move my TLC iron condors when I'm done live streaming well Amazon did not give us to Second red bars yet No, I just wants to fire up So don't think I'm gonna get any more trades Uh, so amazon, uh, I mean I'm gonna go ahead and wait for my two consecutive red bars See it it's struggling a bit So I I think at some point there's gonna be a little bit of a pullback so use your discretion, but You know, I like to follow the rules Because when when you follow the rules Consistently over time That's when you're profitable if you're trying to deviate Um, you miss out on profits So hopefully we can get a nice two bar pullback here at amazon And then I can get out Looks like it's giving me I'll stay on here for this bar and see what happens But as always use your discretion Man vix I gotta you gotta think I mean look at spx premiums, but you gotta think that they're Pretty pretty pretty narrow, huh? Man, I'm glad I didn't get in that apple mighty 90 It even has another mighty 90s. That's a pretty darn good setup All right. Well, I'm gonna go ahead and just keep holding till I get two consecutive red bars And I will post in the day trading chat channel when I am out of amazon so And that way I can kind of start looking at other trades for the day So I'll see you everybody back power. Peace