 Good afternoon everyone and welcome. This is Melissa arm out. I'm here today with Eric. He is a new trader as far as training goes, but did the class a while ago just never never traded So we're here today reviewing Google. He's in this now as an option. Now. What did you do? but Three contracts, which is how many shares? Yes 840 call This Friday March 10th. Okay, so what did you pay for him? So that's pretty good So how much did that cost? one ten times three hundred Three hundred thirty. Yeah, so here's the area 838 ish. Okay Here's the area up here over. This was when the earnings were it made a brand new high fell on the earnings at 841 95 basically 842 So the stock really opened today and rally gapped up small gap up neutral Rallying and it looks good. It looks strong. This looks stronger right now to the market But the market looks strong too So you're playing this is a train with the market that you're playing for the market to pop over the high this week Once yet again with Google Now what are you gonna do because you're only in this now you really only got till Thursday I wouldn't ever suggest holding somebody unless you're deep into the money until the last day So in this case here, you've got you're around 833 ish. You've got seven dollars to get it to at the money What are you planning on doing with this tomorrow morning if you get up and Google's gapping up? It's close to the target What if it doesn't hit the target what if you get up in the morning, it's at 838 you're gonna be up I'm possibly get up. I see what the you know Look at the chart and see and see if it looks charts are favorable. I may stay in a little bit I'll probably get out in the evening. Oh In the evening The market closes it for what are you talking about the even times on you from you're living feeling all right now, where are you? If you get up in the morning, this is at 838 and it looks amazing, you don't know it could pull back till it rallies You've only got Wednesday Thursday So you could put it on around ahead of the open tomorrow if it's gapping up You could watch it trade between 930 and 10 and see where the where the option trade is if it looks great In the gap in the market looks good, too. You could let it ride out into the late afternoon tomorrow On Wednesday. Yeah, and see what happens. You still have till Thursday So I mean this could very well get over that 840 number or at least get to it You know, it's it's moving into it. So it's moving into the number in fact It's rallying right now look quick go over and see what you're up quick quick quick quick quick quick You've got 300 Are you up? It's over 833 now. Come on. Are you up? You should be able to pull up the position and see your P&L right there or the position itself No, look at the position You're up in the position from where we took it. I think where are you up? Telling you something different. I want to look go and see that's not the position at all That's just showing you your count status and your balance pull up the position Pull up the option chain There are you in it just have this little buy button here. Do you still have another water out? Quick pull it up. You still have another water out. Where are your live positions? You don't have two waters sitting out there I think you have two waters out because look at your look at your buying power now What you told me your balance was I think you bought one and I think you have an order out for second one here Or I think it filled you a second one Okay, this is very important Or you took two positions Orders go quick. Yes, you still have an order out of 105 cancel it I know it says cancel, but I don't think it's canceled Cancel it It says cancel, but it's still taking out of your buying power. You got to call that All right, go let's look at the actual trade then that you did take make sure you take a history Go positions quick. It doesn't say you have any positions though. That's not right positions It looks like you took the position from your count balance, but it doesn't it doesn't It should really All right, we're gonna continue this video later After we find out if Eric has one position on two positions on or no positions on To be continued