 It's always a pleasure to have you with us folks. This one's all about showing you why I decided to get into Facebook early in the day and why it was in the Watchlist. After we saw a big gap down on SPI, which provided us with a scary morning when we woke up, market was a little afraid of the FOMC minutes coming out at 2 o'clock. Now what I look for is, of course we're dropping, but I'm looking for something that has a support. Look at this Facebook support. Let me show you this. Here was resistance. It kept on rejecting the resistance and then we had earnings and then it popped. It had a slow drift down all the way on this 305-ish line, then rejected it here, then support, and it went up. And now we're back down on this. I hope you all see this common denominator here at the 305 line. And this 305 line, let me get rid of this here for a second. This 305 line is where we are at support at the open. I'm going to hide the rest of the day just so it doesn't get confusing. Now this is the first thing I look for. We're on support. Either we lose that support and then we drop down to the 300 area or we bounce on it and we move up. Now, what we'll determine whether I'm bearish or bullish is I'll look on the one hour chart at, this is the MAG-D, the first one here. But I really like to look at the stochastic. Look how low it is. Now, if you don't trust me on this, we were down to minus 90 something, minus 95-ish or so. So basically what it's telling you is we're very down at the bottom of the oversold area. It needs to rebalance in order to continue down because it won't start going down right away. It will need to rebalance. Now, this is the RSI that was also below the 30 zone. So I like to look at that seeing that we're really down extended to the lower part of the stochastic. So this tells you we need to rebalance. It might, at one point, go up or stay flat. The rebalance sometimes will show you a flat line and then it will continue going down. But holding the 305 line was the key for a bump up. And let me switch this to the five minute chart. So my point was this. Look at this 305. I'm going to stall it right here. This 305 is all what's happening pre-market. It's really holding. Yes, it's breaking under it just before the bell. But I fear that, and I really feel that when this happens, some people are actually loading up. And I decided to get in on this first jump higher than this line here. And then we tested the 305 and we remained on that 305 for a move up. Now this was a very quick entry. It wasn't a watch list and we ended up selling at 102% on half of the position. So we took next week's position 325 calls very early in the day here at 70 cents. And I sold for 102% half of the position later on that move up. We could have gone down here, reject the line. Let me get rid of all this. Could have moved like this, rejected and moved back down. However, this was highly improbable because of the stochastic on the one hour that needed to be rebalanced in order to stay on, to continue a move down because it was too extended. So things that I like to look for are on the gap down like this, the opportunities. And what are they when on support and look at the one hour chart. And also I like to combine RSI and stochastic to see who's extended. Are we at the lows? Are we at the high? Are we in the middle? In the middle, I don't touch it. If it's not on support, I don't touch it. If the RSI is in the middle, I'll look for something else. But in this case, everything was way down and we had a very good chance of popping up. Now, the reason for going, not this week, but next week, was to keep some value in the premiums. And when we see that there's a big gap down, you'll see a lot of people are a little afraid at this point. They were bullish early in the week. Now there are a little bearish where they don't really like the fact that they're holding calls in the wrong direction. So there are deals to be made right at the gate. People are flushing out, cheap premiums. So it's a nice place to get in next week. We'll keep some premiums, the value in the premium if we go the wrong way. And going 325 was a target. Remember, we had 330s. We played 330s this week. 325 was well within a possible target. So the reason for it was cheap, achievable. And we ended up having no or virtually no theta hurting our play. So again, look for opportunities on the gap down, on the rest of the market. As long as we remain on support, make sure the one hour chart shows you RSI and stochastic that are way down in the bottom. And aim for a strike that is within possibilities. And make sure to always, always leave some runners on, but take some hat, take some off the table to make sure to protect your account. I hope this helps, folks, and thanks for watching.