 good morning good morning good morning it's time to rise and shine good morning good morning good morning i hope you're feeling fine good morning get up get out of bed it's time to wake up you sleepyhead brand new day and we can't miss out on that day to get your day planned out to be at your best and you gotta make sure you got the right back test like this sleep away make sure you're awake because we don't have time for good morning everyone happy monday today is february 26th welcome to today's zero DTE live stream S&P's pretty much unchanged NASDAQ slightly green Russell and the Dow slightly red golden silver lower notes and bonds pretty close to unchanged tenure yield slightly lower natty gas up 6% grains a little bit mixed euro and the pound slightly green bitcoin up a half percent vix 13.94 so i posted in the positions and updates my zero DTE strategies for this morning which will be my monday am ratio iron condor also do my ndx 10 wide so i just put on my trade plan the one DTE iron condor a little bit later this morning doesn't look like it's going to qualify now the uh the 945 am one it needs a more of a vix spike but we'll see then i'll be doing my re-entries morning everyone morning steve morning morning it's not the S&P futures down about 11 or 12 at one point but back to even that was last night who was that someone posted an article about it being uh 15 straight weeks or something what's that monday being an update yeah yep also i've got to uh i've got let's see one two couple double calendars from friday i've got to take off this morning my 35 my 36 all my calendars looking like they're in the green at this point three seconds here's the bell expected move right at 19 of the day expected move in ndx about 93.6 my bot should start firing here let's see what comes in first looks like ndx is coming in first coming in hot and heavy give me a minute and i'll kind of recap exactly what's coming in here so first of all my ndx trade got the 18070 calls 19 or uh 17 910 puts for my ndx it's got a max profit of 862 max loss of 1138 pretty normal my monday am ratio got in on the 5105 calls 580 puts so 25 wide and on my re-entries on my one to one i got in on the 90 puts yeah 5105 calls 50 90 puts and on my 3 2 re-entry i got in on the 80 puts 5105 calls and i've also got my one dte iron condor which is on the 51 15 calls and 50 75 puts yeah vegas michelle i do not it's just purely 25 delta 10 wide every day right stays within the expected move most likely it'll win it doesn't most likely it'll lose all right let's see my calendars here i got a 35 and a 36 i need to take off 35 looks like it's at about nine 10 percent profit all right filled on my 35 it was my 36 as well by the way if you're new here i've just i've got some these are non zero dte related these are just my some double calendars that i put on friday that i need to take off all right just posted my 36 in the calendar channel i've got a four seven on that's up about eight percent i've got a five seven on that's up about four five percent got a six seven on that's up about five percent so i will leave those i've also got a four five double calendar dirt or double diagonal which is this one here it's up about 800 900 bucks so let's see i got into that one 240 it closed at about a buck 50 so it's about 37 percent and my profit target on that one is 30 percent yeah so i'm right there on my profit target i'm going to put in an order of a buck 35 see if that hits uh the ago my ndx i got filled at 431 nice talent got to got to start somewhere my friend nice morrow yeah and i got to put on a new 34 dte this morning so let me do that real quick i'll come back and focus on zero dte all right so my 34 rustle on the dow pushing up a little bit but s&p and nasdaq i'm not really going anywhere at the moment all right just posted my new 34 dte double calendar in the calendar channel why'd you uh why'd you skip the am ratio morrow mondays have been a little brutal lately a tiny bit of decay coming in vix i'm still hovering a little under 14 vix futures down one percent vxx down over one percent if vxx gets down to about it gets down under 13 13 and a half bucks start taking some of my vxx trade off on my corn premium i need to roll some calls down here yeah oh getting filled on my partial fill on my four five there it is all right so closed out that one for about 35 percent all right so to recap what i've got going on in my zero dte in this account i've got my ndx trade currently a little red am ratio currently up about five and a half percent in this one which is my challenge portfolio just got my re entries in my one dte see those are all a little bit green got my three two my one to one and then my one dte ndx was the 18070 calls and the 17910 puts 10 and then 10 wide wings uh yeah Eli that looks right um you can i always put the profit trigger for trailing stop at zero that just means as soon as it goes my way it'll stop trailing but five cents is not much difference so that's a nine dollar trailing stop i would just make sure that you also have a fixed stop in there so i always set set a stop and then if i do a trailing stop i enable the trailing stop as well so for example you may do a nine dollar stop you know do stop loss type on that first column dollar loss nine bucks and then you've got the trailing stop enabled and do zero and nine bucks that'd be correct s and p and nasdaq just went red yeah spx breaking down and i like i liked i mean the um you know doing the other stop in addition to the trailing stop is not required but i just think it gives you a little bit of a double double safety okay something's going quirky with the trailing stop you've got your other one in there as well because they're they're two totally separate things yeah so i i hadn't looked at futures yet i hadn't taken any futures trade this morning so let me scan through these real quick i did work on that uh my futures price action course this weekend a little bit yeah we're also looking strong down or the s and p and nasdaq looking weaker all right i'm not going to do any futures trades this morning but watching the nasdaq or the s and p they start coming if we start getting weak again i might get short those one of those that's a lot of mission today oh that's why let's go say walmart's down 66 but i forgot they have a three to one split going on yeah that's all that bitcoin stocks up riot coinbase tesla is up three percent you mentioned spx is in a range of about 10 points so far so isn't moving too much i tried to dip below friday's close and then bounce back up see if it holds here wall green out amazon in the dow all right yeah i saw that didn't something else just jump just get into the dow for the first time you know i saw that about amazon this morning rustle pushing up invidia flat taking a pause of its meteoric rise i thought pretty interesting i'll have to find it i'll post it if i can find it but i was reading something and it was showing it was basically overlaying a chart of oracle over uh it was overlaying a chart of oracles performance versus invidias so oracles back in the late 90s 2000 during the internet boom and um you know when oracle was kind of the picks and shovels that you know everything for the building out the networks and the infrastructure for for the internet and uh which is you know kind of similar right now with invidia they're the kind of the picks and shovels and and the uh everything building out the all the chips for the all the ai stuff was an interesting article interesting comparison yeah it's spx back in the green didn't stay red long i'm gonna give uh the s and p here another one or two bars and if it still stays in that 10 point range that's been in i'll probably get in on my first iron condor really hasn't had a push either way i mean it's only been about 10 points so looking at the different sectors looks like biotech metals oh that's right housing data yeah a little bit red everything else green i wait to have to see what that seems that housing data does to the markets thanks now you dog you reminded me on that one the dow really isn't going anywhere just sitting there uh yeah day how you could do a two four there's not there's really really any of the calendar spreads on my sheet are are viable this week because there's i mean there's little scheduled news events but nothing nothing that's gonna would prevent me from trading we've got tomorrow durable goods pre-market wednesday preliminary gdp pre-market thursday pre-market core pce price index and unemployment claims friday ism manufacturing pmi university of michigan consumer sentiment so nothing nothing big um my plan today is i just did a three four i'm going to do a one two and a one three and then maybe a two three but two four is fine too i just kind of chose the ones i did i didn't want to overload up but i definitely wanted to get some exposure on oh yeah uber was the one i was thinking of davis thanks uber's been on a nice run well spx bounce coming back to towards unchanged russia's still pushing all right i'm gonna roll some calls down in my corn position all right just posted that in the option selling channel no real effect yet based on the housing data jad i gotta go on mute here for a second yep i'm still still watching the s&p futures haven't really seen much reaction on new home sales for january 661 000 new homes sold on an annual basis was the numbers which i think is what they expected pretty much so actual 661 million forecast 684 million so okay pretty close really yeah but my trade's not not much data okay yet but no slightly green i can't wait to see if s&p kind of breaks through lows here or is it gonna break through highs or just gonna chop i know we got some new people on here so real quick looking at my screen here go to uh to get started best thing to do is go to the zero dte course channel scroll up a little bit there is a new member zero dte checklist i just recently last week i just posted in the trade plans channel my strategies and trade in my plan for trading zero dte going forward from now through march so you can check that out and then during these live streams you know once you make sure you go through the content you know but these live streams we got a lot of a lot of time for answering questions so you guys need help filling in the gaps we can certainly do that here and then uh chad is on the stream as well if you go to the zero dte uh trade plans channel you will also see his trade plan so he's got a little bit different methodology different style than i do and you can see some other uh more experienced members have posted their trade plans in there as well doesn't look like there's been too much reaction from those numbers you know vegas michelle i was doing it manually at first and then i switched over to having the bot do it just because what i've i've actually found the bot gets better fill prices than i do um from a perspective of they it it i mean i don't actually with ndx who knows i mean you never know i don't think you really know where that thing's trading until you get filled but uh at least with spx and the reason i say i think it gets better fills than me is because i get a ton of partial fills with um with bots which means that it's just it's just hitting hitting right at where it's trading right and then um you know you know it you ever go into a trade and you put your order in and you get filled instantly and you're like oh maybe i could maybe i got it could have got filled a little better well if you get a partial fill you know that you're at the right price right because it's just it filled some of them and then it fills the rest uh and i i get more partial fills with the bots than i do myself so i i think i get better fills with the bots but like i said ndx who knows that thing's a little squirrely look and see if i can get in my first am iron condor here let's see talon yeah maybe a paper trading issue do you are you uh in your upper left hand corner on toss where i'm pointing is it show real-time data you have to if you're paper trading you have to request real-time data if you're trading on delayed data then you know 15 minutes is a big difference and and seeing where price is trading i'm looking at the 5105s 5080s yeah just uh go to the support chat here and um ask them to enable real-time on your paper trading account sorry jad go ahead i'm looking at the 5105s 5080s 50 points wide i'm starting to get some decay coming in now my am ratio is up about 15% okay so the nasdaq and the spx dipped into the red just barely now they're bouncing building at 665 on that one by the way for trade steward users so um i think i'm gonna try to do just a live session around trade steward i'll just kind of do an overview and then we can kind of open it up just as a open discussion so anybody using trade steward or interested in learning more we we i'll i'll post about that um when we're going to do it and we may do it as early as tomorrow after after the market closes which i know is kind of short notice but um i got to do it when i when i can i'm actually waiting on uh to hear back from tim weiss because he was the one that really was kind of pushing to to put together kind of a live session so he's probably still sleeping he's in hawaii so once i hear back from him uh tradier with futures is coming i don't know when tradier and trade steward is also coming and that should be very soon trade your futures is i spoke to the guy tray over at tradier that's running the futures um it's just they have it it's just not available on a um there's a couple platforms that are working on kind of integrating it trade hawk will be one that will have it eventually and orion will be another one that has it but i'm not really interested in being the guinea pig again so i'm gonna let that all play out i mean i like trading futures on trade of eight anyway so i'm not in a big rush to i like to see them get all the kinks ironed out where i jump in there's a couple rules uh one of them is if you go to the uh go to the interactive brokers channel yeah there's uh well there's trade automated toolbox which is cat people call it tat or i posted another one tomorrow in the in the interactive brokers channel above uh trade maid dot io is another one yeah but anneal that's a uh i'm gonna i'm actually gonna delete that because that's i don't want people being confused that's actually just a uh a group that has a a charting platform that they're doing kind of a beta roll out with so i wouldn't i wouldn't i wouldn't do that and rules i don't know anything about um either of those i mean i've there's a lot of people using tat but i know there's a lot of issues with it as well and i don't know anything about trade maid i mean the biggest issue that i've heard rules and and maro looked into it a lot so he may have some more points is just they don't have the filters right so like the filters that we like to use with option omega and different things it's still a very manual process it sounds like oh yeah talon sorry i thought you had a funded toss account really no plan to add the filters either huh that's interesting all right all i'm going to jump off here got a bunch of other stuff i gotta get done um for power hour we'll be back streaming live for power hour chat anything else before we head out no hoping for a good monday all right all take care have a good day chat with you soon