 Good morning, good morning, good morning, it's time to rise and shine Good morning, good morning, good morning, I hope you're feeling fine Good morning, get up, get out of bed, it's time to wake up, you sleepyhead Gup is a brand new day, and we can't miss out on that day to decay Get your day planned out to be at your best And you gotta make sure you got the right back test Like this sleep away, make sure you're awake Cause we don't have time for fat finger mistakes And ratio condos will pay the bills But you gotta be quick to get those bills That market gaps up, look for Uncle Rick Small gap, let's go Good morning everyone, happy Wednesday Welcome to today's Zero DTE live stream Looks like Jerome is on the mic or will be shortly But haven't seen any movement yet here so But we do have a little bit of a volatility contraction S&Ps are up a little bit So that negates my AM ratio And it looks like it'll be all about Uncle Rick this morning Opening bell in three minutes Also negates my JSP's Looks like Dick K. Special could still be in effect here a little bit later this morning I do have a couple of double calendars I need to take off from yesterday The one two and the one three Yeah, my Rick filter uses a minimum vex of fourteen, correct So I'm still good for I'm still good for playing a little Rick Russell is slightly red, basically unchanged Nasdaq just slightly green, S&P slightly green, Dow slightly green Gold slightly red, Silver's up one percent Bonds up slightly, notes pretty flat Ten-year yield flat Oil down almost one percent, Natty Gas down one percent Grains are pushing higher Soybeans been on a little run Euro in the pound slightly lower, Bitcoin slightly lower Yeah, Bumblebee JSP is just sell puts So when specific criteria sets up, which you can see in my trade plan Basically just selling puts Or technically put vertical spread because we're buying the cheap longs for buying power efficiency Thirty seconds till the bell Pretty simple Bumblebee, you're just selling the right out of the money put So 40, 45 Delta and then buying cheap wings If you check out the trade plans channel, you'll see the option Omega back test link So it kind of details all the criteria that I look at There's the bell, expected move for the day about nineteen I would assume Rick is trading at a decent little price this morning with a low expected move Rick currently trading about six, twelve, fifty-five I'm gonna put my order at twelve fifty Cheapest Rick I've seen in a while right at the open Let's go twelve sixty, wanna get this filled Filled at twelve sixty on my Rick Rice pushing up, Vix now down one point two eight percent Yeah, gap down in Vix of one point two two percent Add that Aten-Raw filter on my Vix chart So I got into Rick at twelve sixty So my profit target's gonna be sixteen forty So hopefully J-PAL says something stupid Get this market moving, preferably to the downside My time flies needed downside I need some volatility expansion to put some new positions on Alright I gotta get out of my one two and one three Both of those are gonna be nice and profitable Filled on my one two Filled at seven seventy Gonna get filled on my one three Filled at fifteen eighty Just posted those in the calendar channel Frank D, no volatility filter for you on the AMIC on Wednesdays So I got a funny story for you guys Elliot are you on here? Alright cause this involves you Basically all about you I had a dream about you last night I think I told you guys a few weeks ago I started to tell you about a dream I had about Tim Weiss and Dick K But I don't think Dick was on the stream so I didn't really tell the story So I was gonna tell it when he was on Looks like he's not on here either today But yeah so I had a dream last night I didn't even remember it until I got to my office I was sitting here kind of going through my morning routine And I was like oh my god it just kind of came to me So basically I don't know where we were But we were in some kind of beach town Like Florida kind of anyway it was like It was like we were near a beach There was like you know tents lined up Of people selling all different things from like fruit You know renting surfboards you know that typical kind of beach town Anyway so Elliot was there he had a tent And I knew he was there so I was going to meet him at his tent And he was what he was doing in his tent is he was He was trying to find clients to manage their money For power hour So like literally he was surfing He came in had his swim trunks on and a tank top You know just beach wear And he was he was hand painting on like a canvas He was hand painting I remember he was hand painting the navigation trading logo And he was literally going to be standing out of his tent holding it up Telling people that he could he could manage their money for power hour The navigation trading way as if everybody knew what that was And so I was trying to I was trying to explain to him that But you know like in a dream when you're sometimes you're like trying to say something And you can't really get it out I couldn't articulate it But I was trying to explain to him that like when you manage people's other people's money You know they may not understand the swings in P&L like you do And you know right now you're trading tens and twenties of contracts But you manage money you're trading hundreds or thousands of contracts And you know the emotions of trading other people's money is not So I was trying to explain all this to to Elliott and he wasn't having it Like he was he was he was in he was in on this thing He was not taking my advice at all And and you kept calling me bloke Is that an English thing or is that more like an Australian You kept saying look bloke My accounts up over 200% year to date I know what I'm doing I know what I'm doing Just kept saying I know what I'm doing look bloke I know what I'm doing And he was so excited about this promotion how he's going to be getting people off the Off the streets of the beach to come give him their Give him their money to to manage for power hour It was pretty funny and I just I remember walking away just thinking Like I there's nothing I could say to like I you were so excited I didn't want to I didn't want to like downplay your excitement because you were You were fired up But I just remember walking away thinking man this is not going to work I don't know I'm not sure why he thinks this is going to work But I just have to let him figure it out for himself He kept saying look bloke look look bloke I know what I'm doing So there you go Elliott you made it into my dreams Meanwhile S&P chopping around no decay coming in yet Vicks down one and a half percent yeah I don't I normally don't But man this one was this one was crystal clear this is like a lucid dream For some reason and I didn't I didn't even remember it right when I woke up I literally didn't I didn't remember it until I got to my office and then it just kind of I was like oh my god that is so weird Spending way too much time with you guys All right so our time flies we've got the one with the double double adjustment In the November 17 cycle we need a move lower to get back into range on that one By the way Briskraft looks a little goofy but if price does come down that will That would kind of prop that up We've got the November 24 Which we have also adjusted prices Hanging just above the the call strike so I'll give it some time here this morning but if it stays above 4380 I'll look to add another adjustment to that one I know we've got the other one from yesterday that has not been adjusted It's kind of hanging up hanging out in the upper end of the range so I would love a down move for all of those Got our TGIF that I adjusted yesterday Closed out the put diagonal added an upper call so it's Just right of center still Apple's up a little bit I've got the Dick K. Apple Trade on need a little down move on that one as well All right what else my friends I'm playing on any other trades this morning Vicks also negated my DKS entry so I won't be doing one of those So we'll make this a short little live stream But if there's anybody new here or anybody has any questions feel free to fire away If you check out the sheet for the November plan Elliot I've basically I'm doing 6k of risk on Up days and down days and 4k of risk per trunch On normal days so reduced it a little bit on normal days up did a little bit on Up and down days That is the question of the day isn't it Maro Can a brother get a down day What does a brother got to do to get a down day around here Vicks now down 2% hovering around 14 and a half After being above 22 Just a few one two three four five six eight sessions ago So expected move to start today was about 19 Today we opened at 84 Upside 0365 on the downside Yeah I mean it'd be nice if Mr. SPX just could accommodate our Explorations just a little bit It's got a little bit of time but it's you know it's kind of Taking the sweet time delivering for us The Russell's been given a little bit of red the last couple days A little bit Nasdaq not so much S&P not so much Dow a little flatter Semiconductors have been on a rip higher straight up Elevator up for SMH Same with XLK healthcare Consumer discretionary Regional banks pretty similar to the Russell Retail kind of looks like the Russell as well we'll pull back the last few days Two more Fed speakers today Yeah Williams at 1240 bar at 1pm And then Jefferson after the market closes I don't do many pairs trades these days I used to do I used to do a decent amount of pairs trading Upstart down 24% must have had earnings Yeah Robinhood down 13 and a half percent On earnings Robinhood not at an all-time low but So the all-time low is $6.81 currently at 846 Definitely crushed through recent lows Affirmed down 6% And it's got earnings after the bell today So a lot of junky stocks lower Tesla's down almost 1% Delta Airlines up 2.5% Adobe up a percent AMD up 1% NVIDIA up 3 quarters of a percent Some of the big boys are red but Not enough to pull down the market yet I've been building them out and kind of getting used to the Traders thing I just haven't spent enough time on it I haven't traded anything with the bot For power hour It'll be interesting with the new kind of segmentation Have to build a bot for each of those and then If I'm going to use it kind of enable it right before power hour Based on the situation So that'll be a... I've not put together all that But I'm going to start testing here soon I've got a little bit of time today I'm going to try to do some today That's a good question I don't know if you can do it with a paper account It would make sense that you could Actually I don't know the question I don't know the answer to that Actually I'm going to try a... I'm going to try my 1, 2, DTE, BNB Double calendar using the bot today Why are you yelling at me Krish? Stop yelling I don't know what subscription I did I think just the... See, I did the... I started out because I don't have more than 8 bots yet So I started out on the 99 a month We'll definitely need to upgrade to the 15 bot package For 139 and then Up to the 249 here If I get a bunch of things going SPX pushing up to a little bit out of the consolidation area I have day 43.91 We will be doing Power Hour tonight Today's Wednesday the 8th But no Power Hour tomorrow So no live stream at the open Or Power Hour tomorrow And then no Power Hour Thursday or Friday Next week as well I'll be traveling with my son He's qualified for national cross country meet So we're driving to Louisville, Kentucky I've looked at Option Alpha I'm not a fan of the... Yeah, they don't have SPX for one And I haven't looked at it in quite some time But I did the lifetime subscription to Option Alpha Probably I don't know Early, early days And so I automatically have had access for I don't know, 15 years maybe So I've looked at it but I have not I've, yeah, it's been a while But I wasn't I just didn't really like Some of the stuff about it I like Trade Steward much better Yeah, not because of any Fed Speakers or anything Elliot, I'm gonna try to sneak it in Actually trading I just won't be able to live stream Alright, my friends I'm gonna jump off here So we'll see if a quiet lunch Or a PM iron condor sets up Later today I won't be doing DKS because of the VIX Otherwise, we will see you all in Power Hour Have a great day