 Welcome back folks, Dow. Dow is up 151, Nasdaq is up 63, S&Ps are up 17.5. Let's go over to our man, Mr. Dave White. And don't forget, folks, Dave does a great show here every trading day, two to three Eastern Standard Time. Also has a couple of great newsletters, the path of lease resistance as well as the tech inside. And now we're doing loan folks for the path of lease resistance. If you come over to our website at TFNN, you're going to see it right under featured content. It's going to save 25% this week only, and you're going to use the promo code options. Now, one of the main reasons you're going to use the promo code options is because when you hit this, you're going to see, of course, you've been listening to Dave for a long time, bottom line is that the option market, great market defined risk at all times, Dave puts that together with basically option expiration. And Dave's had a heck of a run here in a huge way. As you go over there, you're going to see these are basically emails from Dave's clients the last few weeks. Okay, Dave, as I stated on the UVX calls this past Friday, I can't say, I can also say that about my account, which is up 62%. Next one, the bottom line is that depending when you get out of the UVX calls, folks, they went up like 400%. Then he's got, let's see, he's got a dust trade in here. Oh, I see it. Okay. So he's got a spy called August 16th. They bought a 165. They sold at $4 on the same day. That's what it looks like. Yeah, totally. Dave White, what's going on? Well, congratulations first off, man. Yo, you bet. Everything, you know, it's not like options are playable every day. Right. I want to bring that up. The second is that if I've said it less than 100 times in the last two months, options are to reduce risk, not take much, take more on. And a lot of people that play with options, you make 400%, you think, well, I should bet the farm. Well, you're not always going to be right on it. In fact, my models are set up, so I'm just right half the time, but the payouts four or five times what the risk is. So as long as you continue to play, you become the house. If you can hold your fire until it's right. And a lot of these patterns have just come up rather perfectly with the conditions for buying options at very low prices, sometimes on expiration, sometimes not from expiration. I think one of our biggest grade was catching the TLT up at 148 and buying the puts on it. We got out a little early, but generally what I want to do is you make four or 500%, you go ahead and take the cash. There's no doubt. There's no doubt. And as Dave said, folks, what does happen when you get a couple of monsters like this, it's real easy to turn around and say, okay, now I'm going to plow this much money into it, and don't do it. That's the real bottom line because options are to reduce risk, not put more on. And if I just continue to say that, hopefully eventually it'll get through to people, but you make a lot of money and the idea is that the markets is going to give you a lot. There's going to be a certain amount of wins and losses for any kind of trading system. And you don't want to get too overconfident. Generally the way I look at it is that if you're going to buy some options, just figure out how much you would lose if you were trading the equity. And let's say it's a $180 stock and you could lose five bucks. You figure out how much money it is and just buy that amount of options. So it's no different. You're not going to lose any more than if you were trading the equity. The difference is if the stock drops 20 bucks or goes up 20 bucks and you're on the wrong side of it, you've got your defined risk already. Absolutely. And of course the asymmetrical wins. Now the problem is that if you play options all the time, you're going to lose. So you need to really think a lot about where a stock's going to go. And I was going to say Joe Denapoli, I'm going to say 2002 or 2001 was on your show. And he came up with one pattern that I absolutely continually love. And that's this double repo pattern. That's exactly what the TLD did. And I took the trade. So there is, you have to really wait until bigger patterns develop. You can't be trading smaller patterns. One tweet is all it takes to wipe you out. And what happens here, folks, with Dave's talking about with the double repo, these patterns take a long time to set up. But Dave has the patience. And so what we're doing here, folks, is we're going to, the path of least resistance is on sale for this week. And it's only this week. The way that you can get it, you come over to our website at TFNN, it's going to be 25% off. Now you get two different things happening here, which is really cool. It's 25% off, but you still get a 30-day money back guarantee. So you can come over to the website, you can test drive the path of least resistance. You're going to save $29 right off the bat. Bottom line, you're going to get out of the end. You're going to go click here. You're going to go subscribe. And you're going to, one month is normally $119. You're going to just put the option code inside of, I mean, I do it right now. So yeah, totally. I'm going to add the code. And you're going to see, as soon as you add that code, you're going to save that money. And the bottom line, oh, I see. Make sure you put the S, folks. There we go. There we go. And it's going to take $39.79 right off that. And then what you're also going to learn, which is really cool here, as Dave and I are just talking, you're going to learn how he likes to trade them. Okay? So this is pretty cool, too. It's like, you know, I'd suggest that you keep the newsletter, but the bottom line is that you will understand that how patient you actually have to be, right? Not only that, but a lot of the stuff that I use, I've written myself, it's not commonly available. Although I do put the most everything I ever look at goes in the newsletter each day. I've got the sector oscillators I've had for the last two years have bought every major low in those two years. So it's always been as I gain more confidence in that and also looking at highs, it's been one of the easiest ways to trade that I've ever had. I've always lacked a little bit of confidence of going there and grabbing the lows, whether you're trading options or equities either, either one. And you know, it's going to say a lot of this stuff. I've written myself, I've created all the charts and they're in every edition of the newsletter every morning. You know, it's cool about the lows, Dave. So what happens folks in the option market, when you're at lows, the premiums are tiny because people think everything's going to go lower. So if you're buying a call at lows, the bottom line is that it takes option market makers. They're quick, but the bottom line is that your premiums are very small when you're coming into lows and you've been on a downtrend. Just as the puts are very inexpensive when you're coming into highs and you've been on an uptrend. Okay. So you know, one of the things I've got also is options, expiration charts. Yes. That said, I have to see where the most money is going to be lost at expiration. They can give you a fairly decent bias of where they're going to go. And that's mostly the way I did that UVX trade where we bought the calls under 20 cents. And that was the same day too, right? Right. I said, go ahead and buy them this morning, put your order in already, put it in it four times or five times what you bought it for. So you're going to get your 400% reward on it. You're going to love it. Congratulations again, Dave. It's really easy to do folks. Come over to our website at TFNN. You're going to see the path of lease resistance right under featured content. You're going to hit subscribe. When hit subscribe, it's going to look like you pay $119.00. Just put options in the promo okay. We'll call it a mess. Thanks so much, Dave. Have a great one, man. Look forward to the show.