 Hey everyone welcome to this weekend's video update. I hope everybody had a good week of trading. Let's get into checking out the stocks Check out the portfolio give you an update on day trading and we will call it a week. So What a what a What a week I mean Just in the matter of week. I mean last week you look like the market was falling and then now Ripped right back up to all-time highs in the S&P now the the NASDAQ is not fared quite so well It's still well under its Under its all-time highs, but if we look at the year-to-date percentage You know NASDAQ still positive on the year. It's up 2% on the year You look at SPX SPX is up about six and a half percent on the year and like I said Crack through its all-time highs So back up and ready to rock and roll now I would think that we still continue to see a little bit less strength in tech in the NASDAQ versus some of these Financials and travel and some of these other sectors that we've seen some strength in this week So I think we get a little bit of continuation of that going forward All right, so let's jump into the actually before we jump into the alerts just quick update on the day trading On the mighty 90s booked 964 on just four trades did not trade Friday, and we will not be live streaming on Monday either So just four days this week pairs trade booked 845 on three trades and then on the runners booked 907 on 26 trades so all in all for the week a little over $2,700 $2,716 and Year-to-date now on our day trades 17 five Since we started tracking back in August a little over 53,000 so Continuing to do well there All right, let's jump into the alerts for The week starting with the beginning of the week mark March 8th First trade we did was an opening trade in goo So we put on an iron duck just looking for different, you know big stocks to to add some add some trades in just To diversify so we're not just doing all indices with our ducks By the way, I'm talking a little bit quiet of there's someone sleeping in the next room So I'm trying not to wake them. It's 5 30 a.m. On Saturday morning at March 5th March 13th Anyway, here's our here's our Google duck because the price is still in the beak Still got a chance for it to come back into the duck head So we'll hold on to that and that expires next Friday on 320 Next trade was an expiration in spx. So we let this one expire this one expired right in our duck head Booked max profit of 635. So nice nice duck head in spx We did a open another weekly double calendar in spx this one You know, we'd like to open these with kind of six to eight days typically But in flood volatility is contracting nicely so we extended one day So we put nine days in the front week 13 in the back and remember these are the am options so This is a situation where we have the opportunity to potentially let these front week options expire and then get a potential move in the back week the next day to Book even more profit, but we'll see what happens. It depends on where price is I'll update you guys on if if we're gonna close that out early or go ahead and try to Squeeze some more profit out of that one And I'll go to spx on the platform here in just a minute. We got a couple other spx trades Netflix did an opening trade this one a vertigo I did this one with nine days in the front 16 in the back as I mentioned here the valley had a little bit higher percentage Then I like on these vertigos. I think it was like 34 percent But what I liked about this is a Netflix is a fairly volatile stock And if you put these price slices to where the break even is On the charts and just kind of get a perspective of where price could go Price just has to basically breach through this to the upside or breach Through this to the downside and it has nine days to do that and so of course we could get in a period of You know serious consolidation and it could just chop around in between these But I think it's a pretty good chance that with with the volatility going on that we see Netflix rip through or rip down and So I'm anticipating us booking a profit on that one And then and the other reason I didn't do like a I looked at spy looked at a bunch of other stocks to do a vertigo and The just the puts you in the indices was a little bit heavy So gave a little bit, you know, whereas, you know in in Netflix You've got a pretty balanced P&L curve where with with You know SPY it's kind of really heavy down to the downside and that's because of that heavy put skew So that's that's another reason I chose Netflix and a stock over SPY GS did we had a long-call diagonal in GS and We closed two of our three with three contracts We told we closed two-thirds of that two of our three contract booked over 60% on those and then On Friday, I'll go ahead and jump to it as our last trade on Friday We went ahead and closed the remaining one and booked over a hundred percent profit on that one So booked over 400 bucks on that on that Goldman Sachs Long-call diagonal and this is what I was talking about is that rotation into financials and travel stocks Whereas the rest of the market was having some downside You know these financials have just been on a rip roaring tear with interest rates going up potential inflation helping banks In their balance sheet, so you can see what happened here. I think we got in right This on this little pullback or maybe it was this little pullback here And it took a little bit of heat one day and then just ripped up. So nice trade in GS Yes, I've had an iron duck in yes We don't do a lot of iron ducks in the futures, but there's some talk About a couple folks really like doing the futures on the iron duck. So we just did one in our portfolio So instead of using SPY or SPX we did ES Just to show you how it kind of works how it's managed to give you a little bit of perspective ES is five times big five times larger than spy and it's half the size of SPX So it's a good a good size portion. So we did two. So basically we did something that would be equivalent to doing one SPX and Price ran higher. We end up closing this out booking beak profit on the trade. So we're out of our ES duck SPX weekly double calendar So we opened up another weekly double calendar Remember we did our first one when it was at nine days in the front week waited a couple days implied volatility Contracted some more. So we added another one with seven days. So let's go to SPX and check out our positions there so it looks like a Pac-Man ghost if you combine them but If we separate them here, so we've got the 38 20 39 50 38 20 39 50 Okay, so here's here's one. So you get price, you know, we're up about 82 bucks kind of hanging out in the upper end of the range And I've got this one here These both have the same expiration cycle. This one's a little bit left of center So we've got a lot of room for the price to kind of ping pong around in over the next few days Next week, and we'll probably take one of these off on Thursday one of them on Friday Remember, it's the AM options. And so we will we'll make a decision as we get closer to expiration As far as when we when we take those off Next trade SPX weekly double calendar. So this is one that expired Friday that we had on price price moved higher I was hoping for a little bit of downside to get back in a range to book a little bit profit But price just pushed through our break even so we had to exit and close that one out with with one day to expiration Amazon opened an iron duck again, just kind of diversifying out of just Indici iron ducks did this one with 14 days to expiration. So we take a look at Amazon Nice big range here is a little under 85% we put it on But pretty close as far as our pop goes Amazon obviously getting hit with a with a lot of the tech but Get getting a little bounce. So we'll see if we we get a continuation higher or You know, obviously we would love to get a little bit of a move lower Towards expiration and hit another deckhead. So that's the plan In Amazon and then I already mentioned GS. So those are all of our alerts Let's take a look at the rest of our positions. We've got a a long put vertical and ES with that Up move this week prices moved out of range on that one. We're holding that for that short Delta exposure Speaking of short Delta. We're a little less than one-to-one on our short Delta Exposure versus our Our short Delta versus our theta ratio when you beta weighted to spy. So I like where we're at there Gold we've got this iron condor up a couple hundred bucks looking for about 30 40% of max profit on that one ZB we've got this short strangle in ZB that we've been managing Prices pretty close to center there. Just giving it more time to theta decay Apple we've got this long put vertical as a short Delta play looking for some more downside to benefit that Delta airline. So this is one another long call vertical again Kind of looking at that the travel industry and the financials as as potential leaders here in this in the short term Delta airlines up 3% today now this one we put on and we got caught and we put it in on back here We got caught on this big flush, but it's rallied all the way back back up to you know new highs here And so you know now we're we're up about I think prices right here. We're up about a hundred dollars on this trade We've got about three fifty seven is our debit pay. That's our max risk So if we can if we can make another little push into next week this expires Friday We'll try to book 50 75 maybe even a hundred percent profit Assuming Delta doesn't fall apart De this is another long put vertical man. This one has just been a thorn in my side It's a very small position very small part of our portfolio, but de is just been Super strong and so you know when you're daily and look at this rally man So I zoom in here, you know, I don't mind keeping this because you know some point This is gonna see some downside, but man, it just it just keeps Keeps pulling back and rocking up. So I would have been a beautiful buy the dipper But we are will continue to hold this for short Delta. We'll probably roll this next week DIA Another short Delta play This is a short short call vertical You can see with this week's price movement price busted out of our range, but still holding it for that short Delta. I Mentioned goo. We've got that iron duck IWM. We've got a long put vertical another one of our short Delta plays Lowes So this is one. This is a long put diagonal. This is one where Low saw this weakness cut this little bounce We got this flush lower and we closed out half of our position at a really nice profit We were holding the other half for another potential flush and Lowe's just really ripped higher So now we're down on our our last piece. So we're still profitable on this trade But I need a little bit of a little bit of a flush lower into next week Actually, we got a couple weeks here So we'll continue to hold this closer to expiration and see if we can't get to move lower in Lowe's Netflix I mentioned our vertigo QQQ We've got this short call vertical here. We're about 200 bucks since our last roll Just holding this for that short Delta exposure SMH. We've got this short strangle, which has been adjusted into a straddle We're up a little over a thousand or about a thousand bucks since we did our last adjustment Just wait for some more theta 2 decay Mention SPX Twitter. This is another long Long call diagonal that we got in looking for potential higher prices Twitter busted out after earnings and on this pullback. We were looking for continuation It started to we had a nice profit and then this thing just got flushed with the rest of tech But we'll still hold it. We've got We've got till Friday on this one So if we get a little up movement in Twitter on the week, hopefully we can scratch that one XL K our last position is a short a long put vertical another short Delta play Up about 70 bucks on this one since we did our last roll just looking for some more downside to benefit that piece So those are all the alerts. Those are all the positions Hope everybody has a good rest of your weekend and we will talk to you next week Remember no live stream on Monday free day traders, but we will be doing alerts and in the community So look forward to seeing you then cheers You