 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 Let's test 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 about Dismiss, greed and doubt, focus on the process Not the money and the profits will flow like honey Power our lives, let's start the show Come on trade hackers, get ready to go Zero day options, time to make bank Get locked and loaded, then be ready to play Hey everyone, welcome to Power Hour Live, April 12th on a Friday Hope everybody's having a good day It's been a decent little day All things considered For me I've got, so my one account on zero DTE Up a couple thousand, had a couple of re-entries Stopped out for profits, had one full stop out on a 3-2 Another one-to-one stop out for a profit My RET hedge is up, my one DTE survived It's slightly green, my NDX is down I'm currently in a 3-2 which I've already hit 30% and reduced And I'm in a one-to-one which I have not reduced yet I got in a, that one DTE quad 40 That I've mentioned a few days ago And then in my challenge portfolio I'm up a little over 4,000 Stopped out for profit on a one-to-one Stopped out for profit on a 3-2 Stopped out for profit on a one-to-one Had a full stop out on a 3-2 My one DTE still alive at 15% 3-2 reduced still in And then the one, my one-to-one I'm in have not reduced yet So that is it for me How's the TLC crew, Chad? Yeah, so a little hairy earlier but Light trading, I haven't traded that much Let's see, I just got filled on something But let's see here My number one, real nice trade Put it on at 10-15, central Got out at 20%, 40% And then ended up just closing it When it looked like things were going to get out of control Out of control they did Yeah, then got some money out of my puts, 40 cents And then, last time, number one, put it on And ended up closing it early too Because that was about the time of the second push down So that was a little bit of a loser But $1100, I saved it from being a full loss And then I have a power hour on That, I think Yeah, I just got filled on 20% So that's where I'm at Oh, and my NDX is still in play And it's not outside yet Yeah, Maro, so my 1DTE In my challenge portfolio, I use 60 wide wings So I'm not sure what you use on that one But that one got to That one, you know, I've used a $6 stop It was down $3 at one point So that one wasn't even close On my other one, in the other account I used $1 wings Sold the 7s by the $1 And that one, I got lucky on that one Because that one got to almost $6 Almost got to my stop You can see right there Got it to like $5 at least And it survived, so You know, something I've learned the last couple of days Yeah, this has been with the VIX Being, you know, up past 19 It's come down a little bit since earlier today But just, you know, it's the first time I put on any of these TLC trades During a higher VIX And I've really noticed That the later in the day, obviously But it's not something that clicked until I actually started doing the trades The morning TLCs, they may not do as good Or it may just take longer Were these afternoon ones They really, they can book quick profits So my 1DTE where I had $1 strikes Look how skewed this is Look how far away the puts were So I ended up changing that one To $60 wide going forward too So that was pretty wide With the Vol spike that we had And then the 1DTE in my challenge portfolio Which is an even $60, I like that A little better, it's just, you know A lot more balanced Yeah, both of them are $7 on the shorts And here comes trunch number one Down day, filled on the 10s and 30s So 20 wide, 2 to 1 calls to puts Yeah, I can, exactly My stop is it's not just on the shorts For 1DTE, it's on the full iron condo So tomorrow I think, so you bought 20 cent and 25 cent long So what I've seen this before too Because I used to buy cheaper wings Is sometimes you'll get stopped out quicker Because if you're going 60 wide Those longs are protecting the moves A little bit more So you actually get a little bit more room For price to move And of course, Vic spikes as well My 1 to 1 re-entry is getting up to 25% So I'm getting close to reducing that one I gotta say man, I'm liking my re-entry strategy Even with the shenanigans we've seen My challenge portfolio is down Not even 5%, 4.7% month to date Even after I had a minus 15% day And a minus 7% day in the last week It's pretty robust Of course it was up Pretty decent amount for the month before that happened Hopefully we can avoid going through loads of day Because I have a feeling if it goes through loads of day Here it might just continue to just fall Nice, Yogi Delik I actually turned it off because I was doing re-entries It would have been just doubling up essentially So I just turned it off before it fired Kelvin, your AM just hit 20% Or is that a lunchtime or power hour? Good question Your AM won just hit 20% I'm not sure how that happened to be honest You must not be on the live stream There we go, pH 1 That makes more sense Yeah, I'm worried if it gets through loads It's just gonna keep falling Yeah, loads is not exciting me anymore today Yeah, I think if it holds, it'll be good But if not, it could continue just to get ugly Yeah, I am Lando Yeah, that's shared with a re-entry trade We'll see if it bounces off Just touched loads there Touched new loads, 5109 VIX is not hitting new highs I would like to see it bounce here Yeah, if we could get just one more little bounce Lock in some 30%ers And some power hours I'd be That would be good S&P down 90, NASDAQ down 350 Russell, the weakest of the bunch Down 46, which is good for my hedge Dow down 570 Whoa, what happened to gold? Apparently I bailed on that short premium too quick Wow, look at that reversal It shook me out of there Silver reversed as well Interesting, did not see that Bitcoin down 6%, all sectors red Metals were green Stocks, Apple and Walmart still hanging on Every other stock in my board read Apple's had a couple nice days My NASDAQ has to stay above 179.45 for max profit Is Bostick speaking right now? Oh, great Those guys are something else Most of the big red stocks are junky stocks Chips are down pretty good Meta down 2.5 Looks like it's gonna hold for now anyway Don't jinx it, everybody be cool Need a little more, a little more up Getting close to 30% on my 1 to 1 Tronch 1 is up 11% I'm gonna go light on my calendars today by the way As far as position size goes Did anybody do Woogus? Down day power hour for me, so No Woogus for me Alright, there's a little bounce Sir, reduce my 1 to 1 Rut head is doing good NDX would have to get back above 18010 to be a winner What time did you put yours on? Right at the open, always Yeah, I was at 837 central It took me about 3 or 4 minutes to get filled So are you about the same then? Uh, it's gotta stay No, I'm still sitting for max profit It's gotta stay above, what did I say? Look here Okay, so you got Basically at the bottom of the 5 minute candle maybe? Yeah, it's gotta stay above 17945 And that liking what I'm seeing with this price section though Needs the bounce I can stay between 5110 and 5120 20 would be, 20 would be good Yeah, 625 for Woogus, that's a big credit A little bounce to reduce my other 1 to 1 Elliot, are you playing down day to day? Are you just doing 1 to 1 ratio? I know you're not sitting out It's not in your DNA Oh boy, follow the herd baby Alright, I'm gonna start doing my calendars Starting with the 4.7 And just hit 40% my power hour Supposed to be my 4.7 Come on, bounce back up Oh, there's Trunche too, just came in On the 5100 puts, 5120 calls 20 wide, so the 890 Yeah, stay up there, stay up there Definitely getting filled A little further away from mid price in these calendars Not liking this, come on New lows Stay up there little buddy I need NDX to stay up there too Get on up NASDAQ cannot go down 10 more points for my NDX Ah, come on Resist the temptation Support? Where's VWAP when you need it? Alright, just posted my 4.7, 5.7, 6.7 Hit low, just below 5108 Trunche 1's up 34% There's the little bounce we needed 30% on my 1 to 1 That's getting locked down I'm looking for 40% on Trunche 1 to reduce my stop It's at 37 Almost there, 38% Wouldn't mind just holding right here Yup Trunche 3 is going to be coming in in a couple minutes Alright, so the next double calendar I'm going to do is the 3.6 I just posted my 3.6, Trunche 3 just came in On the 0.5s and 25s So 20 wide Silled at 7.55 And just hit 40% on Trunche 1, so reducing stop there And I have hit 60% On my power hour And barring anything crazy, I might be able to just let it expire Only one contract left NDX, my NDX still has a shot Not a great shot, but it's got a shot So right here between 10 and 20 is my sweet spot That includes my 3 power hour tranches My remaining 1 to 1 ratio My remaining 3 to 2 ratio Here's my NDX Just posted my 4.6 And just got stopped out for a profit On my 3.2 in my challenge portfolio After I had reduced Oh good, comments from Fed Daily coming See what? Got some comments from Fed Daily I just heard over the financial juice I don't know, what time is that? That's it, 30 seconds from now Oh Jesus Fed Daily, let's go baby It just doesn't move, I don't want to go I don't want to go any direction Back up to about 51.20 Trunche 2 and Trunche 3 are both up about 27% So I need a little bit more decay I need 40% to reduce those Stay up there for my NDX I didn't think there was any chance I was going to be profitable on that NDX trade Looks like about a dollar credit on that 4.5 See what you guys are seeing? There's a little bounce Trunche 2 and 3 actually need it to stay a little bit lower So let's see 49.90 50.215 It's a little skewed That's good, right there Down just a little bit Yeah, so my thought on the double calendars Obviously Got a big, you know Risk with all the geopolitical stuff But as far as from a volatility perspective I just don't see volatility getting crushed On Monday, which would hurt them So even though volatility is high I think it'll stay high over the weekend Into Monday, so That's why I'm still comfortable Doing them, I'm just going lighter size Based on the potential movement risk Stay right there I'll move Right there 40% on my Trunche 3 So I need to reduce that to Step that to 2 bucks 5 Alright, so I got Trunche 1 And Trunche 3 reduced Trunche 3 is at 30% So I need a little bit more out of that one In my other accounts I put on a power hour trade And it's currently at 70 cents I got filled for a 575 And I have not closed any contracts I've just reduced my stop Every time it would have hit a profit target Nice Yeah, so it's going to be almost max profit Where are you going? Stupid speaker Stay up there Alright, all three Trunches Stop Reduced Locked in These darn speakers So with all my remaining Strikes, here's my little profit bubble Between 10 and 20 is ideal Stay up there Tomorrow, wash your mouth out with soap Don't ever let that come out of your mouth again Don't worry, whenever, you know We get to like 25 and on the way back down You'll love it Yeah, at the money butterflies trading for less than a dollar No more homes Not surprisingly That's what happens You get used to one environment As soon as you feel like you just Got it under control, it flips on you That's a good boy Michael Todd's tearing it up today Thank you, power hour Wuga's hitting 50%, nice Thank you, power hour And my power hour is closed at 50 cents I don't know what profit target that was But I just lowered it to 50 cents Scott stopped at a Trunch 2 for a profit Plus 3,115 That's your final end of the day Yup Wait a second, that's not right Entered that in the wrong spot So my PM account is up Right now at about 9,000 My challenge portfolio is up About 7,800 About 15 minutes to go Just keep it steady I would say you probably don't have A setting wrong Lando That was a kind of a quick move 685, what was that? Stopped out of my 3,2 for a profit In my challenge portfolio Stopped out of Trunch 3 for a profit So just a couple little profits On Trunch 3 and 2 Trunch 1 is still up 60% But it's going to need to settle down I need to stay below 30 Between 10 and 30 For my Trunch 1 And my remaining 1 to 1 Don't look now, but my NDX just went green I need Rutt to stay weak But NASDAQ can go ahead and get strong Hey Mukash, check out my trade plan When you get a chance, it'll explain everything In the trade plan channel My 1DTE is now up 37% So that's got a shot Hitting profit target Coming back from the dead A little more up So my 85% profit target On my remaining 1 to 1 Is it a buck 25 That's trading at $1.50 Profit target on my 1DTE Is at 5.70 It's trading at 6.70 I'll know if I'd call today A stress-free 1DTE Cody Ending green Ending well He didn't get stopped out Although I guess my 60 wide It only got to about $3 Are you using 60 wide Cody? Yeah, that one held up way better today My little Quad of 40 1DTE Is not too far away from profit target 1.5 billion buy side is the MOC No MOC trade Hit 85% on my 1 to 1 So I'm out of that My challenge portfolio Part of it There we go There's a rest Just got my 1DTE left in that one Tronch 1 is up 81% I always use net position Lando So here's my remaining Tronch 1 But that doesn't control your Your stop speed The stop speed Like I use PDQ So I'm not sure if you have something different on that one 7 minutes to go My 1DTE will get filled in 2 minutes Currently up 32% NDX coming through with a late-day rally Yeah, mine says it's down to 2% Never mind I am not in the range anymore I need another little bounce Well, I'm in the range but I'm still negative Negative Yeah, it has me at minus 20 bucks Come on There's only 6 minutes left Like you do I did the wrong DTE Are you on Monday options? Yep Close, close, close please Gosh darn it Did I do that? I closed it My quad 40 hit profit target Nice, I like that one That might be going on the plan next month All this time I thought I was in range No wonder I was in range Turned out to just be a little tidy loss $25 loss My only mistake doesn't go Chad's way everybody I lost 25 bucks Alright, 1DTE is closing about 36% Alright, so everything closed in my challenge portfolio That account is up $8,200 today Everything except my Power Hour Tronch 1 is closed in my other account That one's up Let's see, my bots did $12,200 in that one It's a good day For a big move day too It's those little, you know, if we had those little bounce backs Like we had today I had the last half of the day anyway It was really choppy too so that's good But even the We had that initial flush but it had a nice bounce Another flush and then we bounced So that helps And Vicks on their eyes, that's right I'm going to take this Tronch 1 to the bell As long as it stays above 10, below 30 Have a good weekend, be more trader Two minutes to the bell and then I got to run out of here Directly to a baseball game We play tomorrow I might come out and hang a camera out there Your place Feel free We'll get pictures and see what the turkeys are coming in that field Have a good one, Yogadelic My rut hedge Looks like it's going to end profitable Not max profit Maybe a thousand-ish dollars NDX, are you going to do it? Can you do it? Right on the bubble NDX needs to push A little oomph into the bell One minute That's too bad So close, Mr. NDX, so close You still have 30 seconds to prove yourself Michael Todd, you on the same strikes as me? Max profit would be above 18.010 for me Ooh, there, it's getting in range It wants to do it It wants it A little markdown onto NDX I'm going to lose but it's not a max loss A little partial Partial loser about 7.40-ish All right, all Get into the week See, as far as live stream goes next week Monday is the 15th, it's tax day Get your taxes in You don't want the IRS after you We'll be streaming live in the morning Zero DTE at the open Back for power hour Monday afternoon All right, all, take care Have a good night Cheers