 Hello, everyone, and welcome. This is Melissa Armo with the Stock Swoosh, and happy new year. So I wanted to talk to you a little bit today about options. One of the reasons I like options is because you can hold stocks or positions and options overnight for larger moves. And very often, positions that I will take in an options trade will move and gap into the move so that you'll be up in the trade more or we're down and then up from the following day from it gapping into the actual move, whether it's a bullish move or a bearish move. So that's nice when you get up in the morning when you see that you're up a lot of money. And again, you get larger moves if you can hold trades overnight. Now, the difference between options and swing trading is that when you're in options, you have a fixed risk, okay? One, you don't need margin, and two, you have a fixed risk. So worst case scenario, the position goes against you. You have a fixed risk. You can only lose the cost of the option, whatever that happens to be. So it is actually a much more, what's the word like? It makes you feel more at ease about holding something overnight. Whereas if you're in a swing trade overnight, something can reverse against you completely and you really have unlimited risk in swing trades, which I think is a negative. The only difference with option is you have to get the timing right. So that's why I'm always looking for the gap. And I'm looking for the momentum in the gap to time the move if the stock's gonna happen. But guess what? I can call a strike at something and if it's moving in that direction into the move, whether it's up or down, it doesn't have to go through the strike or to the strike in order to be profitable as long as it's moving in that direction within the time of the option that I would call it. So if you're thinking about trading options and you've never traded them before, I'm doing simple calls and puts. I do teach a half day class on that. That's in January, January 15th. It's the half day class on gap options. And you can also sign up for the gap options newsletter where the trades are just emailed to you and you take them when you get them. Email me and Melissa at thestockswish.com if you'd like more information. Happy holidays.