 It's the end of the day, almost time for the bell How many options will you sell? Fire up your platform, get ready to enter But first, let's get the mindset centered Hey, hey, let's go We follow the plan, that's how we get paid Test and trade it, have success Find what works for you and forget the rest Stats and probabilities is what we're dismissed Greed and doubt, focus on the process Not the money and the profits We'll flow like honey, power our lives Let's start the show, come on trade hackers Get ready to go, zero date options Time to make bank, get locked and loaded Then be ready to plank I'm just doing a couple contracts just to play along So I got in on the My shorts are the 4045 Got filled at 480, so Got that on I actually had to be away from my computer A lot of the midday So the only other zero DTE that I did I kind of mentioned yesterday I was testing some Doing some five wide Stuff and so I Put a couple of those on this morning So this one here It's getting close to, getting close to max and then This one here These are five wide no stops in the morning So that's it for me for zero DTE today Nothing else qualified VIX was under 14 so I didn't do a RIC Which was good because RIC would not be doing well right now Looks like a good day to be selling zero DTE premium Had that little flush in the morning and a little flush At about one o'clock So about almost an hour ago but other than that Been pretty choppy, pretty choppy Chad, how's the TLC going? Yeah, so it just got filled on 20% of my power hour number one So man, first two I put on today winners And then I put on a lunchtime number two As my lunchtime number one was getting off center And then this flush happened And within 10 minutes it just stopped it out So it wiped a lot of profits From the whole morning but Trying to get them back now in power hour I got two on, I posted them both Out of 20% on one So that's where I'm at So for traditional trunch one Looks like it'd be inverted VIX down a couple percent Then at 13.37 S&P slightly green NASDAQ down 82 Russell up 11 Dow at 57 Golden silver green, notes and bonds green Ten year yield One and a half percent Oil up a percent NASDAQ down a few percent Grains a little bit mixed Euro and the pound a little bit green Bitcoin up a couple percent No, that white tiger No, those are not in my trade plan Those are just something that I've been testing A few times this week I was just looking at them and basically For about a Two to one risk to reward You can cover Basically the whole expected move for the day Five wide, so I'm not using any stops And I was going to be away So I just thought it'd be a good thing to put on Assuming price stays within the expected move Should do pretty good So basically all I did was Put one on at the open And then when we had that flush I put on another one And so I covered the expected move Almost to the upside And then the second one I put on Cover's down to forty nine twenty So about ten points below the lower expected move Need a little pullback here My power hour number two Is not looking good Yes, Sanrey, so my My power hour Ten wide Trade that I did That's also not on my trade plan I wasn't going to Trade power hour today Just because the premiums are so low And we're in a normal day That's not part of my plan So the Ten wide here is just the forty Puts Forty five calls And the wings are ten wide Somebody posted the back test earlier Dan B did If you scroll up Dan B posted the The details of that one Maybe it stopped out on power hour two here Or just push up Got whipsawed with this push down And now the grind up Did not do any Futures trading today I was going to If it flushed through these lows Down to the expected move I was going to get long For a bounce but it never quite got down there Vic's still coming down So Looks like things want to continue to get strong We haven't seen all-time highs In two days Chad Yeah Just soon not seeing him for another two All-time highs from Friday still forty nine Seventy five I did do a one two double calendar Earlier today that's pretty much That's up a tiny bit My three four and my six seven My six seven from Friday My three four from Monday they were both Up Six to eight percent earlier both of those Backdown to basically break even Just push up So this push up though may Allow me to get on another one I'm looking at The forty nine fifty forty nine Forty fives It's not getting me five dollars a premium unfortunately So we'll wait Still got my time fly on a couple Days ago I did end up Adding a I added a diagonal A little sooner than normal Today In other words price wasn't Beyond the upper Long strike on the fly But I did that just In anticipation of Potential higher prices just because We're so strong So I've got the Full package on it's up a little bit About break even I guess I got some short premium in MES from yesterday and then The other one that I've rolled the Puts up on once we're positive After adjustments on the QQQ By a bit Rut getting a little bounce today Still in a rut duck And an SPX duck From yesterday Use a nice big down push here Yeah still can't get Five dollars a premium on a power Hour of number three tranches I'm just gonna sit and wait On my morning ones I'm just putting it In order to get out of thirty cents If I get a little bit more decay Love to see about forty nine forty So Chad when you were looking to add And you couldn't get five bucks Why not go with a straddle Yeah I looked at that It was not It was centered too much to the downside Or it wasn't centered It was sitting on the downside You wanted closer to a strike Whenever you get in a straddle Yeah I wanted closer to that center You know Because I did look at that That's the next thing I looked at And I still may end up getting in one See what price does here I think if they can come down to Forty nine forty I might get out Of half my contracts and my number two Moriata half on my number one So You get out of that twenty percent Is really the key So for those of you Who have been trading the wuga Ten wide no stop Are you just holding that Till the end of the day Or are you taking profits For some reason on my back test I have no profit taking but on my bot I had it set up to take Profits fifty percent So I'm not sure what I'm going to do on that one I didn't trade any NTT Kelton today I was away from my computer Midday so I didn't take any So that would have been So yeah around Two thirty eastern Correct that's what I would have Not what I want SPX still Popping up a little bit Need to pull back Wuga you've just been holding that till three fifty two That's how wuga does it That's how I do it I've been meaning to try that one out So this is my first one So Here is a good day to try it out Let's take a look at the straddle again This price looks like it's going to continue to push up Forty nine fifty What it looks like here Oh yeah Stopped out for sure On this push wow Would not expect anything less Let's see what the straddle looks like Forty nine forty seven Looks like trade stewards having some issues again My position keeps disappearing And then reappearing Alright so I'm on the Forty nine fifty straddle Got the fill for six ninety And thirty points wide So that would be my power Number three So you do have a profit target Of fifty percent I was thinking you said you held it Three fifty two Only if you don't hit your profit target though Bingo Alright got it Update my bot My wuga bot Yeah it's definitely uh That's what I liked about these morning ones too Like I could just put those on And really have to worry The problem is it's You know it's going to be pretty difficult to scale up Size Or something like that To about forty nine fifty We'll back a couple Vicks still near lows of day At thirteen point three one See what's going on in the Sector world here today Regional banks down Semiconductors down Tech down Everything else green That's interesting arc is up Mostly because of bitcoin I guess But usually if uh Arc is up the NASDAQ is green Oh never mind that's the bitcoin ETF Adobe down AMD down MU down NVIDIA down All these semiconductors down PLTR up thirty two percent After earnings Roku up six percent Alright Price is kind of cooperating at the moment Just keep doing that What are you on the fifty straddle Yep I'm on the fifty straddle And I've already gotten out of Twenty percent of my power Number one I still got some of that left I got three contracts left It was a really nice day of price Moving up until that one drop Off About one o'clock Back down to forty six forty five No don't worry Yeah don't need These big big Pushes and drops Just be little Yeah I know You must have your chart blown up Looks big No that was a quick little Quick drop Gold never did quite It did that little flash through all time highs And then it never did quite get back up there Like I thought it would Just hang out around there I got out of one of my morning Trades For forty cents Good theta decay here now Hopefully see that starting to really kick in I've got an order to get out Forty percent of my power Number one at four fifteen is currently At five twenty five And I've got my power Number three straddle I got an order at five fifty to close Twenty percent It's currently at six sixty The wuga is up thirteen percent I'm not sure that's good for drinking More like a mushroom Michael Todd hitting twenty percent There you go Wish I could say the same about my power Number two is closed out I've also I forgot about I've also got a two three double calendar From yesterday except about Almost six hundred That one will come off tomorrow A little over thirty five minutes to go That's far enough I got filled on Forty percent Of my power number one Had a good conversation with Meach The other day for podcasts If you haven't had a chance check that out That was fun All right closed out my other morning One for fifty cents Now all I've got left is the wuga I'm gonna have to Figure out what this wuga is The wuga is special It's just a Forty delta ten wide No stop You know what strangle iron condor Yeah Ten wide A little leeway on price to jump around Without getting stopped out But your risk is pretty limited Because it's only ten wide Gotcha Well I'd feel a little better if it would come up here Be a little closer to that Forty nine fifty now that I'm out of Forty percent of power number one I mean this machine owes me So do you get stopped twice today Without twenty percent Yes two stops So Well Yeah So really my Green day or Red day really is determined On this power hour number three honestly It's kind of looking that way Cody the morning trades I wouldn't necessarily call them Wugas But I've I've just been playing around with Just doing five wide wings And so I did a couple of those this morning I took one at the open And then I took Another one as soon as it flushed down And so 174 million to the sell side is the early indication So I took one at the open Took another one when it flushed down And then just not going to stop Because they're minimal Defined risk with just five wide And so I just closed both of those out For almost max profit You can get You can you can cover the vast Majority of the expected move For the day And so that's what I was playing for I wasn't going to be in front of my computer For a couple hours midday so I just Put those on just kind of testing it Out I've tried to do a bunch Of back testing around it white tiger But I couldn't find anything that was Anything decent So on those So my first one That I entered at the open Yeah, I was trying to get I was trying to get around three bucks Per side on the shorts And then the second one I got I skewed that one A little bit but average three bucks On the shorts Yeah, the wings were five wide Sorry, I know that's confusing A lot of times we're talking about the width between the shorts In this case I was talking about the width Between the shorts and the longs So the wings were only five wide Lugas currently up 37% Oh yeah, they were iron condors Yep, so I'm on the one day One DTE cycle here But if this was today I'd be looking at like Three bucks And then buying five wide Three bucks Tween Yeah, around three bucks So it looks something like that It's either a paper trading thing Or as soon as you put in the order Naughty Dog price jumped And you got a better fill Which that happens in real life sometimes But I'd say most likely It was a paper trading fill My Wuga is the I'm on the 4940 Puts 4945 calls are my shorts We'll move down to 42 What's coming in six minutes, Daedalus? Yeah, I'm currently at 42 So it depends on If there's any value in the longs So for example Mine Yeah, there's still a 15 cent bid Excuse me, 10 cent bid on the Calls and a 15 cent bid on the Puts So I'd be closing all four If it gets down to a zero bid On the longs, then you'll only be able to You'll only want to mess with the shorts Yeah, and trade steward does that automatically So if there's a bid It automatically closes the longs Hey, Tom, there's a trade plan channel In the calendars category Just posted it there for you It's right above the Trade channel for calendars Still hanging around 42% A little more to come in Yeah, I've had I've had positions close And then 30 minutes later Price will make a move and it'll Close another leg for 5 cents Is that what you're talking about, Uga? Yeah, because I'll get filled and I'll be like What was that? I'll have to Search my monitor to figure it out I would take a bounce up to about 49-45 Even Oh, I see, so it shouldn't have a bid But you got filled at 5 cents You just made 5 bucks Minus commission 46% getting close My order is at 240, currently trading at 260 I need a little bouncy bounce here 20 minutes to go 174 million to the sell side Still love to get out of the Uga trade and then have a monster MOC number To end the day Stay up there now 48% I was trading at 250 I need 240 It's knocking on my 240 door I'd like for it to knock on the 49-45 door We're talking about the 2-3 double calendar It's up about 500 Get a little bounce Tomorrow they'll turn into a nice one I'm going to have to get into these Boogas in the future Mine's sitting on my order but has not filled yet Oh, I'm not going to do a new 2-3 today I don't want my I've already got some longs on Friday but there's zero news so I didn't want to add anymore Well, it bounced away from my order now and now I'm 40 cents away I'm going to sit right in there now It's coming back to get me Should be filling There we go Wooga That was my 2-lot test Tomorrow I'm going 100 lots I need to get back up to 49-45 I got out of 60% and I'm out of my power hour number one but As soon as you increase size is when you get hurt so I'm loading up so just be aware Kidding, kidding for those of you who can't sense sarcasm Alright, so 15 minutes to go, 5 minutes till the final MOC number So the MOC number is not over 3 billion I'll probably sign off here in about 5 minutes I need a 14-45 14-50 right in there Nice naughty dog 4 for 4 on NTT, nice Cosmo Yeah, it was a good day to trade those Stay up there buddy Stay up there at 14 49-45 So I made a couple few shekels for not being in front of my computer most of the day so that's not bad My 2 AMs hit My Wooga hit I'd like to see some calendars pop tomorrow SPX climbing a little bit Got filled on my 50 straddle 20% This is posted in the trade plans channel but just as a reminder Chad's presentation on Thursday 30 minutes after the market closes Alright, MOC number coming out here in about 30 seconds 65 million sell side nothing nothing burger Chad, what do you have left? I've already done 20% of that 50 straddle so that's it I'm gonna get 40% here if I can just stay around where it's at That's all I got Alright all, let's sign off live stream tomorrow Tomorrow is the 7th So Chad will be streaming live in the morning for Mighty90 and Runners and then we'll be back for Power Hour Live Alright all, have a good night Talk to you soon