 What's up my fellow trade hackers today is Tuesday, February 11th. Welcome to today's update Markets up again, of course I mean, I don't really believe that they're allowed to go down anymore But S&P's up about nine at this point We still got an over an hour to go before the cash market close the Dow actually did turn slightly red for just a Little tiny bit of time, but it's it's back into positive territory. Can't keep a good stock down So what did we do today? We closed out a position in FXI books and profits If we take a look at FXI we can see we put this on when implied volatility is super high price kind of danced around in a little bit of a range and got this contraction in implied volatility today Enabled us to book some profits in our short premium in FXI Also added to our position in wheat wheat is on a little bit of a little bit of mini slide here to the downside and So we just sold some more premium here just to kind of add to that position as Price started to move out of our a range of our current iron condor and Then what else is going on earnings? So we've got a couple earnings one is lift L Y FT lift announces after the bell today You can see it's had a huge spike kind of run up into the earnings announcement You're not going to see an implied volatility rank or IV percentile because lift is Less than a year old so the IV percentile IV rank it uses a year's worth of data to calculate where it is compared to itself Over that year and without a year there is going to be no comparison So but take a look at some of these other earnings announcements I mean pretty pretty muted as far as movement goes, you know, here's the earnings. They're very first one You know, here's the second one had a big up move But came back down and closed pretty close to where it ended up before the announcement same thing here pretty muted and then the 4th earnings announcement of their young career is coming up after the belt today So we'll see what happens there I don't have any positions on in lift to the others that are announcing before the market opens tomorrow is CVS is one and They there's decent markets in there I may put something on there kind of a short premium play in CVS and then the one I'll definitely be trading is Shopify, I just I like these a high-priced stocks We'll look at an iron duck in Shopify. You can see IV percentile at 92 IV rank of 76 So getting some really good premium in there if we look at the expected move of Shopify About 40 bucks 39 bucks plus or minus as the overnight move if we look at, you know, the three-day options If we're gonna let this expire you're looking at about a 43 Dollar move plus or minus and so that would put the price right in our duck head And so that's what we're looking at in Shopify going back to CVS Expected move there just to check that out is a little over three bucks You can see that right here and then lift Let's look at the expected move on lift as well about four and a half bucks. So That is where we're at with earnings Hopefully we get a little bit of a reversal the the market overall Going back to ES, you know, it's up a little over eight bucks right now, but it was up quite a bit more So coming down off of its highs just a little bit And it would be nice to see a little bit of a rollover and die. We'll see what happens. Everybody. Have a good evening. Talk to you later