 Hello, everyone, and welcome. This is Melissa Armo with a Stock Swoosh and I'm reviewing here a option trade I called The Diamonds this week, and actually it was a very good one. Actually, it was last week, I'm sorry, but the exit was this week, unless you're holding it for longer. But I think it was a good exit actually yesterday. So if you'd like more information, you can email me at Melissa at thestockswoosh.com or call me at 929-3200 Gap. And you can follow me on Twitter, Facebook, YouTube, or Skype. So again, call this on November 1st. So let's go find the first here in the chart here. Call this this day, it went straight up. Now this one day it did fall, it gapped up, so it was positive. You could have got out of it here with nice money. It was about 50% there, dropped, fell. You could have retaken it here or you could have just held the trade. So you could have exited it yesterday, you could have exited it today. Either way, this is out to the 16th, so I mean this could continue higher, but when you have a big move like yesterday, you have to be very conscious of it. And I gotta be honest with you, this market has had very little follow through. So when you have a big move in something, which the market did have yesterday, I do think it's important to take some profits, whether it's half, whether it's the whole thing, something. You don't wanna let positive trades get away from you. So here was the call. If you're on the options letter, you got this trade. If you wanna sign up for the options letter, I'll talk about it at the end of this lecture. But it was on the first in the afternoon, late one here. But it was the 262.50 calls to buy, and obviously 1116 seems far away, but here's what it did. So when I called that one, it was here, and it went up here. Do you see this here? So when you take a trade, you can make money in a trade even if it's not through the strike, because this was profitable even before yesterday, all right? Anyways, you could have paid around 57 cents for it, with seven contracts, a beginner risk would have been $399. Sale price would have been 225, we're a little bit higher than that. And again, this still has plenty of time left, a week and a half, but I think a good exit was this big push up in the last 24 hours. Profit would have been $1,176, return investment 295%. Now, not every trade will be like that, but a lot of trades do have big moves. You must wait for the good ones if you're gonna hold them. You cannot hold every single trade. You're looking usually for one turnover, but if you would exit this trade with 50% profit within a day, that was actually a good exit too, because you could have retaken it. But in the case of this one here, if you did take it and you did hold it, it was nice money, 295, and if you are still in it, you're gonna wait a little bit. It's obviously still up, but you're gonna wait a little bit for it to turn around again, which I don't know when that happens in today is Wednesday. So, if you had an advanced risk, again, same cost to the price, $4,560, if you could have risked that in this 80 contracts, that's a big position, but in the diamonds, you certainly can take it and get filled and get it in and get out. $2.25 within the exit, $13,440 profit, a really nice profit, and again, 295% return investment. So if you could have afforded to risk $4,500 in this trade, you could have made over 13 grand, and that is in less than a week. I called the trade in the first, you would have exited in less than a week. So the big move up really was yesterday, it was the day after the election. So what are some of the benefits of trading options versus equity trades, although I think you should do both if you wanna actively trade, especially gaps. No margin requirements, no day trading margin requirements. You don't have to have 25,000 in a retail account. You can open up a trading account to trade options with less than 25,000 at a retail place, and the only cost you have is the price you pay for the trade. So even if you have something like this that is trading at 250, you're not paying 250 per share quantity or contract. You are paying whatever cost, in this case it was 57 cents for these contracts. So you don't have to worry about whatever you're trading, whether it's Disney, whether it's the spy, whatever stock it is, whatever ETF it is, you don't have to worry about what it actually trades at on the market. The stock price, you're just paying the cost of the option trade. So that is very, it's something that a lot of people actually find very attractive about trading options. But you can make money doing equity trades all the same, in and out very quickly in minutes. These you have to hold a couple of hours or a couple of days. But you can make active money trading just like equity trades and options, and you can make a good return investment, whether it's 50% or 100% and then you will have some trades that move a lot like this one did. So options are a way though to make money in the trading room if you can't be in my live trading room daily. And you must take my golden gap course as a prerequisite for the room. So if you don't wanna do the class, then you just wanna get the trades, you take the trades, when you get the trades, you take them, you're in, you're out, you manage them yourself, okay? So I teach a class, it's called the golden gap course. And the next class for November is November 17th, 18th, and 19th. This is the, I'm only doing two more classes for the end of the year, November and December. And this is in November one. Cost of the class is $59.99, six grand. US dollars, you pay with the credit card and you would email me if you wanna sign up. The class is online. You could be anywhere in the world and take it. And if you wanna do the class, then you have the option of joining the live trading room. And then you would learn how I make these option calls. And you can do the trades with options or day trades. Now, if you wanna just subscribe to the letter, you can do that too. I offer an annual subscription only to the letter. There's no month a month for this. It's five grand, $49.99, and you sign up, you get the emails, email to you exactly. The letter is emailed to you, take the trades, and you just take them when you get the email, okay? So you would email me at Melissa, thestockswish.com to register, and you would sign up early to secure your spot. You know, options work for a lot of people because they can't be in the trading room. They just can't, they can't because of their job or whatever. I still think the class is very important to learn how to trade the strategy and how to do it. But it is one of these things where if you wanna trade and you can't be in the live room, you don't have the time to do whatever, then you just sign up for the letter. At least you'll find a way to make money using gaps doing this. Now, there's a particular, there's a gentleman that is on the letter list. He has not done the class yet. He sent me a very nice text today. Thank you so much for the S&P 500 on the Down Jones trade that sold him yesterday, made about three grand, thank you so much. So, you know, some people are doing really, really well with these trades, and you do have to manage them yourself, and you do have to really look at the chart, and you have to watch with options the timing too. You can always email me if you have questions, but I did send three alerts out, I think, yesterday about the market to hold it into the close, if you could, because a lot of people were in this still from last week. So, hopefully everybody made out on this big. If you have any questions, wanna sign up for the Golden Gate course in November, or if you wanna sign up for the letter and not miss any more trades, email me at Melissa at thestockswish.com to sign up for both, and have a great day.