 Okay, welcome. In this video, I want to show you an example of a navigation trade alert that we sent out to our subscribers. And back on 10.13, so this day right here, as you can see, applied volatility spiked up. It was over 60th percentile because of a little bit of a down move in EEM. So we put on a short strangle. We sold a one standard deviation short strangle in EEM. And as you can see, almost immediately after we did that, volatility contracted. And that's exactly what we want to do. That's what helps our positions when we're selling premium is that contraction in implied volatility. So you can see it moved up a little and then came back down. And so today is Friday, October 28th. So let's go to the analyze tab and take a look. So you can see here's where price is currently trading. We're up about almost $90 on the trade. We can get a max profit of $174, so we're over 50% of max profit, which is the target that we look for on these short strangles. So we're going to go ahead and take that trade off for a nice quick profit, 15 days, and $90 in 15 days with a capital usage of just a few, several hundred dollars. So let's go ahead and close out of that one. Great closing order by, we've tried to buy that back for $0.27. Probably have to pay $0.28, let's see if we can get filled. And yeah, we'll have to move that up a penny, let's move it up to $0.28, confirm and send. And hopefully we get filled at $0.28, we may have to go up one more, which looks like we are. Typically, I would let this order sit, but for the purpose of this video, I'm going to go ahead and kick it up one more penny, confirm and send. Oh, and before I even entered it, we did get filled at $0.28. So perfect. So if you go back to the analyze tab, you see the position is now zeroed out. So I'm going to send this alert out to my subscribers, let them know that we exited the trade. If you'd like to learn more about the different strategies that we use to make consistent returns, come see us at navigationtrading.com. We've got a ton of free resources, including the navigation watch list, which is a list of the most profitable symbols to trade for each type of strategy. You've got the volatility indicator, which you've seen on my charts. You can download this directly to your Thinkorswim trading platform. And we've got a free options course called Trading Options for Income, which is a step-by-step guide to get you making consistent trades right away. We look forward to seeing you there.