 Good morning everybody, this is Giovanni from spy options trading today's November 7th 2018 Wednesday And I'm just now getting to my computer from dropping off my son at school. Let's check for x-factory 1030 Eastern time we have crude oil inventors. That's gonna be medium impact expected and then at 1 o'clock We have the 30 year bond auction having place to trade at all since last Friday Here's my account again 548 98 Nothing nothing nothing last 14 days My last trade was here you go November 2nd, which again was Friday So haven't traded haven't traded at all Netflix looks decent here. Let's check Netflix three 1750 calls that expire in two days are trading at 585 They're too expensive anyways for me to trade boy if I had enough money I think I would I would trade Netflix Netflix said that setup looks pretty gosh darn good and consolidate here and then probably The start of the next next bar. I think we'll see a nice pop 585 is on the bid $6 even is on the ass 620 is on the ass. Look at that guys. That's 643 somewhere around there would be the target 10% 625 is on the ask 640 645 is on the ass guys. That was the play right there Didn't have enough money to play the play. It's set up there 650 on the ask boy. That's that's amazing I don't know. There's something to be said about this setup here that I'm seeing what's going on everybody This is Giovanni from spy options trading I missed another trade today, but not necessarily because of fear But because I didn't have enough in my trading account to actually trade it before I get into All the awesome things that I want to talk to you about let's announce the winners of the drawing the winners are Everybody that entered that's right. Everybody that entered. I was only gonna pick three, but guess what? I only had five people entered That's right only five people entered the drawing. Hey, that's fine. No big deal It was a lot of fun for for everybody involved no big deal, but everybody that entered one guys I already went ahead and contacted everybody. We're gonna set up dates times so they can get my signals and we can talk trading and Stocks and and money-making and all that cool stuff. So congratulations everybody that entered the drawing and won Seconds I want to talk to you about today's trade that I saw in Netflix I Got I got curious because I noticed that spy just wasn't Trading and that I wasn't gonna get a good trade off of spy and it wasn't until later in the day And I'm sure everybody that's actually watching This video noticed a ginormous move on spy. I missed it because I went ahead and cut the video short I had something that I had to get off my chest and record Netflix I never look at Netflix, but I got curious and just started looking at Netflix and Tesla and some other you know stocks that you can actually trade options on I noticed that that set up on Netflix. It was plain as day. It was flashing. Hey trade me trade me trade me before I tell you exactly What is on my mind? I want to ask what type of trader are you what type of trader are you? for me myself I am the type of trader that I want to see a Significant move in one general direction up or down doesn't matter and I want to get in on that move This possesses an issue the issue is that I don't know whether I'm getting in at the top Where it's gonna stop? Trading stop trending in that direction stop moving that direction and then fall apart So there's been several times and you can see all these videos in my channel There's been several times where I get in and I'm literally getting in at the top before it actually starts Reversing on me the dip buyers the dip buyers are that you know It moves in that direction and then consolidates or it could possibly move down the dip and They get in on that dip before it actually starts moving back up That's possesses another problem for the dip buyers You don't know whether it's actually gonna continue in that general direction Or you're literally buying when it's literally reversing on you So it's kind of pick your poison kind of thing kind of situation I noticed a particular pattern and I'm gonna go back and actually review and do a lot of back testing But that pattern you can see it you can you know, I don't want to necessarily give it away right now I want to do some back testing before I get into that and actually start letting you guys know what kind of pattern It is but you can look back at most of my trades and actually tell what that pattern is It's pretty distinct. So I'm gonna work on that guys. I'm gonna work on it work on it work on it And then report back to you. Thank you everybody for your support I have 400 subscribers I hope I at least have 400 subscribers by the time that you're viewing this video But I did get to 400 subscribers. That means the world to me Just trying to get you know 100 people to watch my videos. That's that's a task in itself I have 400 subscribers that are somewhat interested in what I have to say in my trading techniques my trading style I greatly appreciate the interaction what you're what your thoughts are You know what you're doing right what you're doing wrong. I'm here to help you. Maybe you can help me as well And maybe here's a question for everybody. Here's a question for everybody sure my my Generally and that's all I've been trading solidly pretty much for Years is just spy options occasionally. I'll put in an apple trade Maybe occasionally a Facebook trade, but again, I haven't done that many many times at all Coming down below whether I should change the channel name into something like you know options trading or the options trading channel Or the stock market trading channel, but whatever the case may be The reason why I say that is if there's opportunity if the pattern presents itself on other stocks I want to trade it. I don't want to just be stuck on spy and even though that You can make a lot of money. You can actually make a living trading off of just spy options But sometimes spy doesn't move and then like today like there's a perfect setup on Netflix Why not look at a Netflix? I shouldn't let my limit myself on Just trading spy because there's other opportunities elsewhere if the pattern shows up So I don't know maybe there's a couple changes to come on the channel. I'm not sure comment down below What your thoughts are on the channel name should I change it? Should I keep it there? What are your thoughts comment down below? Thank you everybody for supporting the channel. I greatly appreciate it I hope that you're learning from me as much as I'm learning from you guys I get a bunch of emails throughout the day and I try to get to everybody as soon as possible That doesn't happen all the time where I can get to you ASAP, but I will eventually get to you guys So I'm learning quite a bit. That's been awesome. That's the whole point of this channel is to learn Thank you everybody for watching hit that subscribe button like and share my videos Tell me what you thought about this video. Talk to you tomorrow Bonus footage guys as I was editing my video. I noticed that Tetrick wheeling I hope I'm pronouncing his last incorrectly I saw his video where he lost on a trade today on MTSL at a curiosity. I pulled up MTSL here And that pattern presented itself here, too. So what does this mean? I don't know what this means. Does it mean that I'm gonna be trading penny stocks or stocks that are you know Under trading under $5. No, but I just felt like sharing this bit of information for you Look at this beautiful beautiful trade right here. I don't know what this means guys. Let's let's Keep looking into this. Thank you so much everybody