 What is going on everybody? This is Giovanni from the options trading channel today is January 25th 2021 here with a new video new update on our current positions and our past trades that I haven't been keeping up with you guys and I apologize For that but being a full-time dad and having a full-time job keeps me pretty busy Something really ridiculously cool right now. I do have some money at work. I have about $90,000 currently in Margin I guess use overall if you will Check your top right-hand corner stock buying power 1.1 million dollars Currently worth of stock buying power amazing I just these numbers are blowing me away Currently we are up to 429,476 dollars and 80 cents that is gonna jump around as you can see that we do have oil futures currently going so Let me tell you about the current positions that we opened up today Beyond meat we sold 20 at 74 cents of the 210 calls that expired this Friday January 25th. They're currently down 5750 we're currently up 330 dollars. We have a thousand one hundred fifty dollars left to squeeze out of them and We also have Macy's first time ever. I've ever traded Macy's got in a little bit of a bad spot a lot better now You can see we sold 200 yes 200 of the $20 calls that expired this Friday at seven cents, and then it went Completely against us. I ended up selling 50 more at 16 cents I think they got up to as high as like 23 cents something crazy like that 25 cents. I was down big about $3,000 Currently up on this entire position $825 I still have $1,375 left to squeeze out but looking a lot better PWR I have an option spread here vertical spread bought the 65 sold the 75 March 19th calls. I am down $90 on those SPX I ended up losing on this spread about $200 something like that. I was up on it, but lost $420 today I had the 3850 puts and sold the 3840 puts So that's what we had going on there squared up just a tad bit $107 and 50 cents I did just own one call and then we sold the 220 call as protection good thing We are up. I would have been down 225 dollars overall there XL came own three spread vertical spreads one 14 calls bought and sold the 125 calls This is for March 19th as well up 231 and oil current position that we hold We roll these over over and over and over and over again. This isn't necessarily my play This is my investors play. He wants to stay invested in oil by all means It is his money. The majority is his money. And so we will do that and Overall year to date. I realize this is January 25th 2021 We haven't even had an entire month, but overall for the year guys For the month you can say we're up $23,000 Big huge month in my book anyways relatively speaking. I'm super excited about it I just this is amazing this we are truly up $23,000 for the month Hoping to make it about 25,000 by the end of this week closing out the month and that's what we hope to do I want to show you one last trade. This is ridiculous. I know But check it out. We trade a lot. So bear with me something I'm really proud of but nonetheless, I could have made a crap ton more Right here GME GameStop. I did trade it last Friday on the 22nd I bought a $40 call that expired on February 19th at 23 30 Three minutes later. Maybe I can yep look right here. You can see the times 11 30 in the morning 11 33 I sold it for a $400 game for 26 somewhere around there and I I thought I did a great trade made $426 in three minutes Well, those calls hit a hundred and twenty dollars Contract could have turned $2,330 into $12,000 essentially making more or less 10 grand on one trade per contract Amazing, but I didn't do it that trade that I made was 100% a gamble I didn't know exactly what I was doing other than it was just a gamble And I made out and I'm happy with that say no harm. No foul. Totally cool That's about it that I have Also, I'm gonna talk on my very next video about this indicator that we use It's I have it under as high IV rank It helps us determine whether we're getting in when IV is big when whenever options are actually pumped up Inflated essentially or if we're getting in whenever they're really low really cheap I'm gonna give this this indicator away on my very next video So you definitely don't want to miss it hit that subscribe button hit that like button down below I would greatly appreciate it and I will see you here on the very next trading video Hoping Thank you so much