 Good morning everyone Happy Thursday, February 8th 2024 stocks are pretty flat for the most part at least s&p is NASDAQ down 14 s and I'm sorry the Dow up 51 Let's see if SPX hits 5,000 today. Yes S&P futures did yesterday morning Benji Alpiero fast San Ray Disney up 8% Get that earnings. Yeah yesterday paypal down over 8% yesterday's earnings Got some good volume runners yesterday Build on that right blockchain up over 4% Coinbase up over 4% Well, it's gonna ring here in about 30 seconds. See San Ram. I try to read this here. I'm thinking some more a few words From you describing your toss work flow Useful that a picture Place exit. Ah, San Ray. I do it just like it. It's taught in the course so I Mean Steve shows how to do that of course. I mean it's just buying the calls and puts and then setting a working order for 10% There's no stops being used or anything. I'm not sure what you mean by Workflow would be more useful than a picture. I'm not sure what you mean by that Like I I have I use this Orion because it gives me access to you know 32 Stocks at the click of a button And then my other screen. Yeah, if I like to see a volume runner in Nvidia I I go over to my other big screen and I type it in video. I Already have the trade tab selected and already have the option chain selected So like today would be the one DTE and so all I got to do is Buying, you know at the money put or call. It's it I'm not sure again. I'm not sure what you mean by a few words from you describing your toss workflow would be more useful than a picture Not not really sure what that means Vix up one and a third percent today Just how do you everything so quickly? Well, I mean it's just buying puts and calls So it's just a couple clicks of the mouse, but yeah, I mean I've been doing this now for Just 2019 so going on five years. I mean just Buy, you know, it's just clicking. It's just clicking the ask price Adjusting contracts adjusting price confirm and send and and typically like there's probably a few seconds Like I've done it already by the time I've said it getting some Stocks pushing down here Nasdaq went into the red S&P is red like the S&P opened up but about 4945 I'm sorry 4995 I'll be going through my Presentation at 330 central time today Resurrect DTE trading. So hopefully that will clear up any confusion people have had over the last few weeks in our second bars here And video Continuing to push up you're looking for some big volume bars here Roblox had earnings couple days ago and kind of getting everything almost back up to actually had a nice big move up and then Kind of drifted down yesterday heading back up Microsoft pushing up Nasdaq has went green Rookie trader SPX close to 5,000 Specking move today is a little over 19 points Halfway through this bar and video is getting close That's what coming down a bit here Roblox getting close, but it price hasn't really moved much. So Definitely like to see a little bit of a push Got about a minute left Roblox looks like it might be the One to watch here check Roblox and toss Yeah, definitely got there. So look for a little pullback in Roblox No pullback man just took off Yeah, AMD. Let's take a look at AMD real quick Yeah, I mean that's pretty close. Although it's coming down here now past where I would want it That would be a time to exit if it pushed down below that point right there So it may just push down below it and pop right back up to I've seen that happen with volume runners They just barely pushed down past that point and then they pop right back up. I'm gonna jump in some AMD here I think let me see No, maybe not now. I'll wait. It's come down too far For my liking, you know, sometimes it'll it'll For a volume run it'll push just down below there, but then we'll pop right back up and it still might but Video falling apart. Yeah Roblox see see it it did what I was just talking about See how it went beyond that point and then it popped right back up AMD definitely not doing that though Yeah, it definitely popped right back up square coming down Microsoft staying strong there Boba potentially getting a Volume bar to the downside Job San Ray. Yeah, if it's under a dollar, I don't even take it anyway, but that doesn't again just like San Ray It doesn't matter. I mean you can definitely take it. Yeah, Boba getting the downside volume runner Yeah Roblox right there be a good time to enter right about there. You take a look at Roblox Yeah, the one DT is just so cheap Now see now it's come down too far for my liking Nvidia Maybe getting a downside volume runner, but I don't know that I would want to do that with Nvidia strong as it's been Let me check toss. Yeah, that's not Didn't quite get there and toss Microsoft staying strong Not seeing any mighty 90s yet Boba popping up a little bit. Let me check Boba here. Yeah, one thing is though is it's Opposite bars there, but doesn't necessarily matter after the second one. Yeah square. That's pretty close to a downside volume runner They'll let me look at toss Yeah, didn't quite get there. So yeah, I would probably say that's a mighty 90. I Just I don't I don't especially like the mighty 90s when they're Close to as big as the first I'm gonna go ahead and get short Boba here on a downside volume runner Man Boba is under a dollar now too. Don't forget that if you want to Smaller stock That'd be a good time to get in Boba or a downside volume runner Amazon pushing highs of day Dow futures coming down other than that just kind of some stair stepping down in volume You know meta Tesla doesn't really give us much. I guess Coinbase had an upside volume runner But see it did the same thing it pushed down past the exit so just being patient had some a lot of action yesterday Most action I've had on these in a long time Nvidia crossed over 700 yesterday. See if it can get back up over 700 today I Just not a lot of Movement quite yet this morning. Still no real pushing any direction with the S&P here in the first 15 minutes 20 minutes How's the growing see if that volume bar gets there to the upside? I'm sure that it will but Take a look at it and think or swim Got 30 seconds left does not look like it's gonna get there close Square, you know, I kind of like that mighty 90 when I look at it and think or swim See what it does see the pushes down here like one more time. I might jump in long It just looks a lot. I mean it's definitely not a Big volume bar, but it kind of looks like it's gonna leave us See it's hard it in Orion. It looks almost as big but when I look at it and think or swim it just Definitely not as big as the first, but it's already popping up So so just some flat volume and some stair stepping down not conducive to Any of our Mighty 90 or runners. Yeah, there's no No price push tight range barely bigger Airbnb has had very wide options over the past year I haven't traded it much. Yeah, but there's also look. I mean look at the price range Very small. Yeah, it does look a lot better in toss for sure But with those with those two bars we're talking about a One-point range and a 150 dollar stock and the bid ask is 40 point 40 cents wide so Stay away from that Nope, no mighty 90 and Nvidia that's We want this bar to be bigger than this one. Yeah square darn it. I wish I would have jumped in that down here How about now? Okay. Yeah, sometimes my Thanks, let me know sometimes my Bluetooth like disconnects Yeah, Netflix getting a mighty 90 here. I want to make sure Yeah, I don't think it's gonna get more bigger I don't doesn't look like it's gonna get bigger than a first so I would do the five 55 calls See if I can get filled at five bucks Change that to 505 505 in Netflix. Oh man set volume bar really kind of It's getting big now Like to see it stop growing so we got 15 seconds it's kind of shaping up to be a downside volume runner. It's not quite there in toss So I'm gonna just roll with it And I'm gonna set my order to get out of half. Wow, what is going on with Netflix? oops, what happened there something Get out of half my Netflix at Five fifty. I'm not quite sure what happened to Netflix there Actually 555 the bid ask is really bouncing around Now it's that popping up and that's where mighty 90 would have been really nice Actually, you know what man? Netflix. It does look like a downside volume runner now in toss Oh, I'm gonna go ahead and just get out of that Build at 490 to close Netflix. So small loss I Did look at like when you if when you look at toss, it's big. It's as big as the first Easily so That can happen with mighty 90s and that's why I don't get into ones, you know, like like square when it was Real close to as big as the first but I typically don't get into those because You know, you can you can get into it and there may be a minute left and then all sudden oops You know, you're you're long and then it turns into a downside volume runner and it's like, uh-oh Interestingly enough though, Nasdaq is pushing highs of day and S&P is coming up to almost highs of day as well. So I Don't know. I don't know what Netflix was bouncing around a little bit The bid ask ended up being like 50 cents wide for a bit Something's going on. It's best just to not risk it $90 loss for me. They're missing on the short iron condor front. What do you what do you mean dark Avenger? I mean, I pretty much oh Yeah, but I mean, I usually don't put them on so after 9 o'clock anyway 9 o'clock central So it's just now 9 a.m. Central. So I mean, I pretty much stick to my plan like if you just if you just throw them on at the start of the bell and You get, you know a push like we had Yesterday or the day before especially the dad that big downpush then your first one's a big loser There'll be plenty of fated decay plenty of time to do it iron condors today Not too worried about it. So just Just flat line pretty much from a lot of these. Wow bowing big volume bar to the downside Squares pushing highs of day Let me check out Boeing over here. Yeah, Boeing is Going on with it too. I've not done one DTE dark Avenger but yeah, sometimes you can just get chopped out of the gates and so You know, that's why I was talking yesterday. Like I don't necessarily have to see two pushes Because some you know before 9 30 central because you may not get them. It may just chop out of the gates kind of like it's doing right now So what I'm interested in seeing is in the next 20 minutes or so is it going to push through highs like like like Nasdaq's doing? Or we're just going to continue to chop Roku through highs of day Boeing still falling. No, no Bounce out of that So kind of a weird morning here not getting any signals, but You've got some interesting price movement Netflix bouncing So it's kind of given a little bit of a bounce for a Downside volume runner here, but I guess futures aren't necessarily pushing anymore I've been slow on the trigger today. It's like, let me let me check to have those bit asks again See if they've calmed down Yeah, definitely I would do the 5 57.5 puts See if I can get filled at four bucks Tesla pushing highs of day and Roku going through highs of day actually the call side is A lot wider than the put side. Yeah, yeah, I'm going to cancel my netflix It's 25 cents wide now So I'm going out of netflix. I think microsoft had a little mighty 90 long there Let me check it out toss Still pushing down by microsoft. I'm gonna get long microsoft here 410 calls 415 so my Get out a half at 455 So easy to question if you have a center icon or your 20% profit, do you close half at 20%? Oh, yeah, I always I always just let it hit 20 apple coming down So is not sure if SPX wants to hit push through 5 000 or not Okay, so getting one green bar here out of microsoft Looked for one more oops Roku On a mission today, it looks like hasn't really given us any good signals Owing two big red bars. I'm not sure what's going on with Boeing Square potential mighty 90 short. It's already pulled back a little bit Uh, yeah, actually That would be a mighty 90 short in roku correct Let's see if it pushes up one. I mean, it's already pulled back. So let me get entered But yeah, this is a mighty 90 for sure I wonder what's going on. It's really pushing It's one of the stronger stocks today But if it pushes up a little bit more, I might get short apple falling apart I just want to see if roku pushes one more time Morning continuation runner. Yeah, let me look at let me look at it and toss a little better idea Yeah, probably could be It's already popped up though. So roku's zoom big bars Roku's kind of taken off here So that's kind of what I was afraid of So roku I would trade the 97 puts a little bit of $1.66 So I would get out a half at $1.80 So hopefully we can get two bars out of that And it doesn't just rip our face off because it is It is one of the stronger stocks. That's my only concern with that mighty 90 still no two bars in Microsoft Roku I'm a worried about it. It might be a rip your face off. Let's just get two nice bars like Nvidia did yesterday And then I can go up all at once Nvidia had those two nice red bars and then it and then it ripped Yeah, it's still a lot of chop here Oh filled on half my Microsoft at uh 455 So I'd get out of another Microsoft at $5 Let's just go 495 nice job l l piero Yeah, apple probably a little bit, but I'm gonna Technically yes, I'm gonna skip it And I'm gonna look to transition to zero DTE now, you know, it's uh been 45 minutes We haven't had much Happening so I'm going to look at a zero DTE trade Built at 495 to close another Microsoft Beautiful mighty 90 there We'll get out of another one at 545 All right, let's take a look at zero DTE here. Yeah, not a ton of premium is there Roku might be a problem Roku let me see where we're at. I might add to it See where I'm at So I got in Roku and a buck 66 Dang, it's all the way down to So I'm gonna add to my Roku here Built at a buck 29 to add to Roku Got one green bar in Microsoft So I would close half my Roku at a buck 60. All right, so Zero DTE land Let me take a look here Premium not the greatest See what this looks like Okay, so I did I did the uh Did my first zero DTE and I did the 50 10 calls 49 80 puts and I did 50 points wide Roku's a thorn in my side. I I was hesitant to do Roku because of the How strong it was Just need to get a little pull back here Roku trying to come down Microsoft still hasn't given me two consecutive green bars That's some people coming down now So Roku trying to give us a one red bar So just when I got in my spx, it had this little push down like that A netflix downside runner. Let me take a look Yeah, I mean if it um pushed up here close to that pivot You know it could roll over You know, you could get it Get it on a little bounce. Yeah, you know apple same thing if it consolidates here and then wants to It might push through lows of day two Let's have my Roku filled into buck 60 So I would close a quarter of my Roku Now at a buck 75 Actually, let's just go buck 70 since we're close to two bars Say what I'm gonna be quick to pull the trigger here on Roku with it having You know, it could set up as an upside continuation runner as well Coming down right to that pivot too So I think I'm gonna go ahead and just Close my Roku We're getting a second red bar Fill it a buck 51 to close Roku I'm not convinced that I'm not convinced that ain't gonna rip higher Honestly, all right. So one thing I've got Is microsoft still hasn't given me two Green bars. So I'm gonna wait for two consecutive green bars here On microsoft So I'm gonna go ahead and jump off. I'll post my out my fills in microsoft In the day trades channel, but I'll wait for two consecutive greens And uh, then I'll need to get back focused on zero dte See a power. Peace