 What is up everyone happy December 1st? December 1st 2023 one month left In 2023 hard to believe and we got features down a little bit That was up over 500 points by the end of yesterday, but we will have to see what happens here on the first day of December but November was definitely a especially last couple weeks Really really had a strong push-up and see here October 27th The S&P was about 4,100. You see what happened here in November just just Big push-up. I know the Zero DTE traders definitely would like to see some downside movement needs some volatility Zero DTE's There is the bell So it's Friday. So volume is usually a little bit lower in terms of trading volume So the last two my last two live streams man, I have had it Rough go at it. So hoping to get a couple trades in today and Get December started off in the green Let's say we'll have a continued Christmas rally as we head into Towards the end of the year here, but we'll see since today is Friday. We will trade the seven Days to expiration option chain. So make sure you're on the seven DTE I see the Tesla long-awaited cyber truck is Almost ready. It's gonna start at about $61,000 Which probably isn't that much compared to And you see some of the truck prices use GMC Ford's Chevy's that are the diesel trucks and they could be almost a hundred K So that's probably not that bad of a price really Of course, if the base price for the cyber truck $61,000, you know Who's gonna buy the base base truck? I mean, you're probably gonna buy it Buy it with some upgrades and it's probably It'll probably run another 10 15 K on top of that a lot of stocks in the red today Boeing square Costco in the green PayPal in the green Most everything else coin base up 2% most everything else in the red AMD really falling. So it's goog goog Yesterday mighty 90 hurt me. I was telling Benji He asked a question yesterday. I posted in the chat last this for evening. I I did after the live stream Take a little downside continuation runner and goog and got some of that money back From that mighty 90 loss though most everything Showing up in red here with the exception of Boeing I guess square just flipped green and Muse had a tough go at it lately. See if we get any big volume bars here on a Friday Costco Trying to push up through highs of day along with Boeing those are the two Too strongest home depots pushing up When rookie trader at Boeing actually had some calls I took in Boeing Kind of based off NTT a few days ago. I closed them out Was it Wednesday? After today, I should have kept them on man. Yesterday has a big push up in Boeing AMD now reversing getting up through highs of day Right block chain pushing up not really seeing any big volume bars Look enticing yeah, right block chain if you want something smaller there It pulls back you could do an upside volume runner there But other than that, I don't really see anything else. So we'll just be patient wait Nvidia trying to push up through highs now of 38 That's like down 58 S&P down five Right block chain pulling back a little bit Anybody wants a small stock? See if you find a mighty 90 maybe Angie pushing through highs now right block chain and that little pullback now It's pushed up a lot of times on Fridays. There isn't much going on So usually just try to get a couple trades in Nothing's shaking here. You get a lot of stair stepping down in volume bars whenever it's Friday Roblox potential Upside volume runner there that bars definitely definitely big as the first let me check toss Roblox something's been a little quirky lately. Yeah Roblox definitely definitely got there and toss So we need to see a little pullback here right block chain. I don't know if anybody jumped in there, but It's definitely working right. It's getting another big bar. So Crypto's must be doing pretty good coin base up over 3% amd. I don't think it's gonna get there Goog Should we try the old goog mighty 90 again? Let's see what see if it gives me another push down here Again trading the 7 DTE. So make sure you're on the right one. All right, goog I'm trading the 133 calls and goog not gonna get in right now. You can see it's popped up a little bit I want to see if it pushes down here. So probably See if I can get filled it a buck 30 Put it down and see if it wants to come down and get me if it takes off It takes off. Well, what was going on with goo yesterday? Same thing today. It's just been a grind lower That's pretty good mighty 90 signal though. It's got that nice pop volume pop in it. You can see there Yeah, I'd say it left me. I'll just let it sit for a second Still plenty of time left on this bar much pullback in Riot yeah, I'm gonna cancel my goog cancel that Wasn't it wasn't aggressive enough, but probably because I got stung by it yesterday I was seen if I could push down one more time nice Nice rookie trader Yeah, that's zero DTE man. It moves fast. You you can make big profits quick And on the reverse side, you could make big losses quick. I mean Steve and I tried it for about two or three weeks After we were like figured out how type of losses you can incur We're like, yeah, we better stick to the seven DTE for this see Benji question. How do you determine the price? Just through just through practice There's no There's no Delta or anything now so like for goog. I mean, it was sitting it like you see it was setting it like a buck 40 And it was I could tell that it was not at its lowest point so I just it just from just from Doing it hundreds and hundreds of times thousands of times. It's like anything else, you know, you kind of get You know, if it was if it had pushed down through it, you know, it's the very bottom that I'm aggressive I'll get right in if not if I want to come down a little more might adjust it five cents lower 10 cents lower. There you go Nice job rookie trader Morning mum will be We're not in anything yet. Good. It's still man. You can see it's struggling Roblox Roblox coming down. I don't know if I want to get in Roblox though It's a little quirky. Yeah, so good. Good. This did come down so Again, 133 calls and goog Still gonna try 130 here dollar 30 to get filled Filled at a dollar 31 133 calls Hoping now for two green bars and I will get out of half at dollar 45, let's say AMD coming down Little mighty 90 there and Intel you see that you want a mighty 90 to jump into and riot A lot of green with riot today. Yeah, I see Roblox man. It just I've noticed it gets a lot of big bars A lot of times It'll get them it'll get them and go in both directions Boeing man strong Should have held onto my Boeing calls that I had a couple days ago Goog trying to give us one green bar Attempted to adjust and get out half. I was just a couple pennies away Look who pushing highs of day April get firing up here, but Pretty tight range Yeah, see I was Afraid Goog was gonna come back down there It's real close to adjusting to get out half I saw this song and dance yesterday push down Just a little pause and another push down Not able to give us two green bars But it's a new day shouldn't shouldn't Use what happened in the past on making decisions Intel pushing back down check Intel and Cheap options. So I'm not gonna let's say that's pretty good looking mighty 90 set up there, but At the money, it's 50 cents Okay, one green bar out of goog Microsoft staying weak as well Nvidia with a little three bar pullback here That's not a lot of times the continuation runner forms Push up a little three bar pullback and continue higher. I have to see if this If it drops below right here And I would say it's a no go I'm gonna go ahead and Check out an Nvidia continuation to the upside runner 470 calls Build at 765 Kind of wanted to wait till 750. I was trying to put it in 750, but I kind of aggressive there. It could be a quick turnaround trade. I mean If you can't if it pushes down below this point right there that I'm out Man target pushing up a little early for a continuation runner, but 8 power through highs of day Pop right back up. All right closing my Nvidia Build at 735 to close. So small loser not too disappointed into that um I knew it might be a quick trade if it pushed through there and it would be a Really nice winner if it would have pushed up. So at amd coming down to with it Chip stocks have been kind of weak here. It's you know, I'm you coming down So no second green bar here out of goog Say what though? Dow futures have continued upward Soft really getting hit hard You just holding on though, you know, it's not Hasn't really been able to push through lows You know like m. U's doing Very many good signals this morning though. It's kind of typical for friday Yes, microsoft I didn't notice it had a little bit of a mighty 90 it's not ton of volume pop there, but It may pop really pushing through highs Intel mighty 90 would have been good if you could have got in right down here at this pivot It's kind of got a volume runner if you want a smaller stock to trade there It's kind of pulling back a little bit wouldn't be a good I've been really good to enter right here yesterday's high at blue line. It's dk and g's uh, how much are there? He's a traded all the time Yeah, 73 cents at the money needs somebody's stocks to Go up just be able to get back into a good price to be able to trade them build at goog A dollar 45 to close half and nice push up there by goog You owe me goog. I would get out of another goog at a buck 60 amd not participating in this push up You know there's an video Nasdaq's been the weakest the last couple days Nasdaq's still on the red. That's the piece went into the green Uh, nearly now. I don't really trade the news The only time I might be a little weary is if like, um Oh Jerome Powell speaking or something But that's usually later in the day not first hour of the market. So with these strategies Sometimes there's like cpi numbers that come out And so I might be a little leery of those but It's about it you know if if if if you're trading and you're You've got your risk management. Definitely, you know define you got your Uh risk management strategies that you use should be fine, but Yeah, you know the inflation reports that come out and the cpi numbers like those can those can have a little bit of an effect So I I'm a little I tend to tend to know when those are happening but Otherwise not so much on some of the other stuff And we got one nice nice green bar there like from googs if we can get one more in microsoft It look at that it pushed up and came all the way back down Square kind of had a big volume bar to the upside Look at square on this little pullback 64 calls in square So to the buck 60 So I was aggressive in getting in because it was came down to this pivot Big green bar and had pulled back a little bit And then came down to this pivot and I would close half at a buck 75 amd Going back down to the lows of day. It's kind of Hard to believe with this push up at mu chip stocks, man struggling Builded a buck 75 to close half of square And filled at a buck 60 to close another goog Had a boy goog You owed me You so owed me Get out of another square at a dollar 90 Boeing looks like a little continuation to the upside three bar pullback and microsoft still falling crazy So goog gonna give us hopefully two green bars here So i'm going to close my goog It's kind of hoping to close it as it pushed up But I better not be greedy here This time we got 30 seconds. Okay. I'm going to close my goog Filled at a buck 62 to close goog So mighty 90 winner, but he can't you with a big volume bar to the upside Which at what time do you set up your um usually usually about now Yeah, typically 20 deltas. Yeah 51. Yeah pretty much Sometimes I kind of just monitor You know when it looks like maybe the s and p futures, they're starting to chop a little bit And then I'll enter I know that you a lot of people use that Option omega and they do the back testing on what time of the day is best and all that I haven't really gotten in that far into it yet uh, I do Just what the course says I get out a half at 20 profit and I set my stop at 75 loss Or but you know if I'm if I get filled at eight bucks eight times point seven five Whatever that number is that's what my stop is It's the same thing is what he See how he does it in the course if it's the afternoon iron condors, then I just do four bucks You can't you pull it back a little bit after a big bar you want a smaller stock? What else is cracking here? One thing I'm in a square Tend to get a lot of chop on friday too like look at amazon kind of chop city Boeing man, it's Really looking like a potential for an upside volume runner boeing has been so strong lately though Like how much has got left in it? Take a look at a daily chart of boeing Yeah, look at this. I mean It's been on fire throughout november So it's like how much? Yeah, how much does it got left in it? I did I did see on one of the business channels. They thought Um, boeing would go up to about 275 It's currently at 234 so I'll take a little risk on boeing upside continuation runner 235 calls that you fill that 275 Filled at 275 upside volume runner So what I'll do with this one on this continuation runner if it falls down below right here Where this it kind of paused and then it had a nice push up if it falls below that then I'll just cut it Square coming back down on this pivot darn it Really haven't had many good short signals honestly future's coming down future's coming down a little bit and microsoft bleeding lower bleeding lower I get out of half my Boeing at three bucks Samuel there was there was yeah, no, huh? No, no, no short signals. There was maybe a long Maybe mighty 90 there a little bit, but no real No real real short signals now real sure what's been getting into microsoft here Microsoft and good man. They've struggled the last few days But again, so is technology. I mean the nazdax really struggled If it pulls back, you mean if it bounces Like if you're getting short something you want to bounce Pull back would be something that you would then get long Um, I mean possibly Possibly. I don't I don't know that it's gonna bounce here though Costco coming down through lows Boeing's still hanging in there Square still hanging in there Really not much in terms of volume in terms of uh signals with volume today Have that one mighty 90 volume runner with a big bar here in square AMD bleeding lower as well Nvidia through lows You could see that was a good out on that continuation or try to continuation to the upside Once it breached where I wanted it to be there. That was a good out small loss low risk But yeah, no no signals here really. I mean a nice little push up for Boeing here Again, I got a Order in at three bucks Airbnb trying to go through highs of day Real close. I might get filled in Boeing with this little push up Apple trying to come up to highs of day. I might not get filled in Boeing Without for sure There we go filled at three bucks in Boeing nice push up there Square needed to go through highs of day So it seems like AMD Nvidia Microsoft kind of keeping the NASDAQ down It's definitely the weakest on the day I got a feeling if uh Nvidia and Microsoft and AMD decided they want to push up that it might Might set off a rally to the upside AMD's kind of had you know mighty 90 in there See how it's got it's had a couple of them Just a little leery on it though because we're getting close to 930 central which is Don't usually take any trades at that time and Just bleeding lower today need Boeing to push through Pivot It needs square to push through highs of day. So It's my only two. I've got a winner in goog small Austin Nvidia I could get back on the green day path if Square and Boeing cooperate here And that has really struggled too recently Amazon and Apple just really tight range Which is not uncommon for a friday D coming down through lows See there's there's a good reason why you get out On two consecutive green bars in goog what happened after the two consecutive green bars She fell Boeing trying to get through that pivot APOW pushing highs of day So definitely some two-way action here roblox trying to get the highs of day or b&b going highs of day Microsoft going lows of day Meta going through lows of day. So definitely some two-way action Costco came down to lows of day and I'm in two trades that I need to go through highs of day So I don't think I'm gonna get any more trades things have slowed down here On a friday. So this is what I'm gonna do with my positions if you're in them If Boeing comes down below right here this point This little consolidation point I will Cut it loose And square pushes down below this pivot I will cut it loose Otherwise, I will just scale out about 10 if it can continue upward hopefully like Airbnb is doing in roblox It may not be here Anyway, those are my exit points. And so if you're in those that's where that's where I exit When I do exit I'll post in the day trades channel and So that you know I'm out So everyone have a great weekend And I'll see everybody next week Talk to you later