 What's up? What's up? What's up everybody? This is Giovanni from the options trading channel. What is up guys? I'm super pumped. I traded VXX. I never trade VXX. I never trade VXX Mainly because it just doesn't This is my opinion and I need to do more research on it, but it doesn't quite move As much as I thought but because of the markets have been so wild and tanking It was just a great opportunity. You got a signal on it. I'll show you that trade here in just a little bit I'll show you the signal and the actual trade and but there's a problem There's an underlying problem and it's an eternal personal problem that hey guys I want you to chime in on that problem help me resolve the issue if you will and it's a very personal problem But I'm I do go for 10 gains. It's a very safe bet It's a safe bet when when talking about the the stock market trading the market day trading Safe doesn't necessarily get tossed around very often, but 10 percent is fairly safe fairly conservative But that also prohibits me from making A lot of money But either way I only traded one call again You guys know if you've been around my channel long enough you guys know that's one call You can't really maximize your profits with just one call Really, you want at least two calls two options So you can sell scale out right scale out Sell one or sell half of your position at a 10 percent gain And the other for bigger Bigger gains And I'll show you again in the charts exactly what I mean But I'm really excited really happy that I did make that Trade even though that it wasn't me at you know, I actually maximizing my profits But let me show you that trade right now guys. Wow. I think I went down actually I think I screwed it down. So I apologize for that Before you actually watch that trade if you haven't already hit that subscribe button down below like and share my videos Comment down below what you thought about today's video and today's trade Let's get to the screen. This was the trade for today bxx I traded one option one call option of the 35 calls that expire nine days march 20th I bought it uh limit order At 470 and then I sold it at 525 several hours later And let's get to the actual signal Um, here we have the middle chart the one hour charts as always the daily chart on the far right And I got a signal the very first one hour candlestick of the day Closed above the upper mobo band and I got in a little after I got in a little after Not exactly at the beginning of this, um, candle In fact, I got in uh seven minutes after the close of the candle where I got a signal And I I didn't necessarily I wouldn't say endure a lot of pain But it kind of went sideways it got pretty close to my 10 gain there Came back down and then did his move here is the problem Whenever I only have one and I'm only since I'm only looking at 10 gains, which I don't want to move my target. That is not Um something I'm willing to do right now It's by managing my trade managing my money just a little bit better The reason why I didn't go in with two, um options is the spreads. I don't like the spreads on Vxx I'm so used to and keyword here are key situations. I'm so used to Seeing, you know at the very most five cent spreads On these options, but the markets have been extremely Extremely volatile. So there's that we always have to factor that in and adjust our risk reward kind of situation, but I bought them again at 470 and sold at 525 for a little over 11 percent gain And look how highly got they got as high as what's the high here 636 So if it wasn't 50 got really close to 50 gains, I can't do the math that quickly in my head, but Um, that was that was a huge move. That's a huge move The idea behind it and I'm gonna keep saying it all my videos So if anybody's new you guys know what I'm talking about as far as scaling out had I bought in two at least two options I would have sold one at 525 And the other one it never came back down to my original buy order by price at 470 once I bought in it actually took off And the idea here is that second half of that position It's basically You're you're playing with free money So to speak But not necessarily What the idea is if it ever gets back down to 470 sell out So you're you're still making 10 percent on that first half But overall you're making what's um, 5 percent over your entire Position of that trade, but had I held on to it Um, you know, I would have seen those highs at 637, but Either way at least I showed you the strategy. I'm showing you my strengths my weaknesses And you know if anybody has any input any sound advice any tips For me, I would greatly appreciate it and any Constructive criticism is always welcome here I have a lot to learn in this game called the stock markets And I could use some help Wherever I can get it guys Again, don't forget to hit that subscribe button down below like and share my videos comment down below What you thought about this video what you made money on what you lost money on I would greatly appreciate any inputs that you have for me and my Viewers and subscribers guys. Thank you so much. See you here on the very next trade hoping it's a green one You guys take care. Have a nice evening Woo