 Could you be never want to welcome welcome to the stock social review of Amazon guess what Amazon's capping down I predicted it to gap up, but it didn't get down. This is why if you do an option trade You need to only risk the amount of money you're willing to lose and also if you're up in the trade you need to take some off What what did I do with this? Actually, let me just pull up the jiggy from today Money was up in this today. I didn't get out of the whole thing I absolutely did not get out a whole thing because I thought that it would gap up and And I know this is crazy. You're gonna think I'm nutty, but I actually thought I was gonna make a hundred thousand dollars in this And I'll tell you why in a minute thought that Amazon was gonna gap up So the strike price of the calls that I have was 682 50 It didn't do it. It expires tomorrow. I will not make money in the rest of what I have with this, but Today I was up in the morning in this trade a lot of money more money than I've ever been up in any day in one life in my trading account and I Thought I have to get out of some of this. So I sold five contracts. I sold five contracts Whatever time that was this morning, okay? My average price was 177 and I thought that was the right thing to do because I basically reduced my risk and Then I thought you know what? I'll just see what happens as the day went on the stock kept rallying. You can't see this here Well, you can you can see the high today was 638 that was a crazy number of my target for today was 625 626 25 It went up it went up almost 20 points 18 points over a dream target They was 640 it almost got 13 target And so it was the caught the option chain was 10 something 10 something of the chain that I was in and I had I had left then 1500 shares equivalent of 15 contracts. I Was up so much money was up over $12,000 in this trade after I got out of the five I said this is Insanity and I still really believed it would get up Whatever whatever the whatever the report said the report was not as expected of the profit that they had that the street thought But this company is still amazing. There's there's nothing wrong with it. Okay, but in reference to the options then I Was up so much money I decided to get out of half of the rest of the position after I got out of the five So then I got out of the rest of the half of the position that I had of the 15 And I will tell you that the rest is gonna lose. It doesn't matter. I I Made a lot of money in this could I have gotten out of the whole thing? Let me just see here if I got out of the whole thing If I got out of the whole thing, I would have made 13,000 the long and short of it is I left five grand in the table I will I left five grand the table, but I still made over $7,000 today I know that that may not make any sense But I I ended up leaving about five thousand dollars give or take a thousand on the table But it was worth it to see if it went to the crazy crazy crazy number that I thought it was gonna go to which was over 700 So what are you gonna do? I mean you take a chance, but at some point then you're up so much money You say I have to do something and I told the room today get out of half this get out of half of it Get out of half of it I told the room in the morning and in the morning I got a five after the room and Then I and then I then I was doing other things and I was writing my webinar And I just kept watching it watching it watching it watching it was like it was crazy so I was the biggest day trading day today of my life of the profit and I hope the room listened to me some people I think completely sold out of it because people emailed me after the fact and I don't think anyone held the whole thing, but this was a great call Why we took the trade at the perfect time my cost average price was 1.77 and it ran up to over 10 Amazing, so what are you gonna do? Where can you make nine hours and something? Nowhere unless you're in my trading room and take my class. So this is a great call I will tell you that part of me is like sad though because I I really thought I I really should Really take a mental check because I I honestly am like sort of sad tonight a glass of wine He's helped me, but I thought I was gonna make a hundred thousand dollars in this I'm not I'm not even kidding to you. I thought I was gonna make a hundred thousand dollars I'm not gonna lie to you. I thought this was gonna gap up a hundred points or something to 750 I thought there was a chance that could happen and I honestly thought I was gonna make like a hundred thousand dollars in this So I I did make the really good money in this. It was amazing money I mean, I'm not complaining at all, but I gotta be honest with you I seriously thought I was gonna make like a hundred dollars in this I didn't I didn't but I did make money on it And the rest is of it that I have left. It's not gonna work I mean, I guess there's a chance this could open tomorrow and rally But the only way that happens This is interesting and so this is not having that much effect on the market actually The only way that's not happens that the rest of it I could get out with money Is if it would have to do let me just look here Google's not being affected by this as much that is actually really good because I'm still in the Google's 730 This to be down 10 points or something is like nothing I mean, I don't know what this is tomorrow. I have no idea I have absolutely no idea what this says tomorrow the chances of it going to the strike price there were nothing Do I think it falls on the day though? I don't think it does. I think this rally's on the day tomorrow I think it relies on the gap down But I don't I don't know then with my cost average price basis at 177 the astronaut expiring tomorrow if the rest of what I have It's gonna be okay so I guess I'm gonna find out in the morning but And this was an amazing call perfect timing perfect entry perfect price And I was just up more money than I was ever up ever to have two numbers in front of the comma is It's a lot of money. It's a lot of money to anyone and so then you say to yourself I'm either gonna get out of the whole thing or I've got to get out a half or I have to do something with myself so I Get out of five and then I get out of the other half and then I let some of it ride I'm somewhat disappointed because I thought it would make a hundred thousand dollars initially in this trade I guess I guess after I got out of what I got out of towards the end of the day I guess I I guess I realized that I wasn't gonna make a hundred thousand dollars because I didn't have enough left to Make a hundred thousand dollars unless it would have gone to something insane But I will tell you that Google is out Monday night. I have two thousand shares of this which is 20 contracts and My strike price is 800 People I mean, I I don't know this would have to go to I'm just here something out here. I mean This this the spine Amazon's negativity. This doesn't look that bad and Microsoft is good and I think this rallies tomorrow So at 825 I'd figured out the options would be more 30 some dollars conservatively So 30 times 2,000 shares would be $60,000. I I'm I'm not gonna take any chances. I'm we'll just see we'll just see what this does between now and Monday I I Don't know anymore. I mean originally I thought a Certain number with this but now I I thought Amazon would do it too and I Will tell you if Amazon was capping up tonight. So would this be but it didn't it didn't and Amazon didn't do it But Amazon could still rallying the day tomorrow here. Here's an ideal world based on this Amazon holds the gap tomorrow rallies fills the gap rallies on the live day Google holds rallies in the live day Microsoft holds rallies on the live day I'm in this too with strike price that is gonna put me in the money tomorrow, too But then this doesn't expire to February 5th, but anyways when I'm dream targeting this is 16 not tomorrow or the next week so In an ideal world Amazon gaps down holds the gap rallies gets bought Google holds and rallies continues higher and and Microsoft rallies and continues higher too and then I Don't even I don't even know I don't even know anymore. It doesn't even matter I realize that you can't have you can't always get some huge number, but you can make a lot of money I mean you can make a ton of money you can take a make a ton of money doing when they're doing a ton We have to be more realistic with our expectations. I guess I did the right thing today. Hopefully you did the right thing, too Well to see it. I really think 825 is solid and that would be $60,000 for me. It wouldn't be a hundred grand Amazon did not gap up I would have made a hundred grand in a week with them both But that didn't happen if Microsoft goes to 60 if I have the guts to hold it Which I don't know if I will but that would be $12,000 for this. I don't know. We'll have to see I'll keep doing updates on them Have a great night everyone and congratulations for everybody that did do this and we were up some crazy crazy crazy amount of money today So I will talk to everybody later The Golden Gap class is this weekend if you want to do it you gotta sign up by tomorrow, and I don't know what I'm doing The next class. I'm tired Everything is beautiful in the planet with trading. So I don't know, you know Have a great night everyone email me at Melissa the stocks wish comm if you want more information if you want to sign up for the class tomorrow