 Hey there! This is Giovanni from the Options Trading Channel. I hope you're having an awesome Tuesday today. Today is September 1, 2020, and let me give you this update. All of the trades that we got ourselves into, many would say we are overextended. I don't know, comment down below what you think. Today, you can see at the very bottom, we sold one Netflix $600 call at $1.28. We sold another Amazon call, but this time the $38.50 calls at $1.91, and we got into Baba. The $3.20 calls at $0.54, all expiring this Friday. Also, I didn't speak to you about Baidu, on yesterday's video, because I still didn't sell a single contract at Baidu. Actually, I think two of them, no, just one, just one, just one, just one. We sold the $1.21 put that expires this Friday, one of them at $0.68. Everything's looking good, except for Netflix, really. We're down $142, $144, and also in Baba, we're down just a little bit, $16. Amazon, Amazon is doing great. It's doing fabulous. We're up $167 on the $38.00 call that we sold yesterday, and the $38.50 call that we sold today, we're up $53. This week, we stand to make $963 if we let all of them expire worthless if it goes in our direction as planned. Let's take a look at the charts really quick. It's kind of scrambled here, no rhyme or reason. Netflix, Netflix is the only problem child at this time, but we still got what $44 left before it starts, before we're in the money. Tesla coming down a bit from yesterday's rally. Baidu, that's the put that we're currently holding, the 121 puts, and Amazon just flat, flat, flat, flat. So, Baba, you can see here, it's actually moving up. It's up $9, it's up 3.2%. And again, we sold the 320 calls. Let's take a look at that again just to be sure. Yes, the 320 calls. Awesome. Many would say that we're overextended on this account. We don't know. We won't know until we're into some deep waters. We still have $46,000 worth of buying power all together in all these positions. It took $106,000 to get into these positions. That's how much buying power was affected for each one. Actually, that's not true because of course our oil futures contract, that in itself, it is taking $9,300. So just under a hundred grand, that's how much it took to get ourselves into all these positions. As far as in terms of rate of return, not the greatest we're not making 1%, as our target is one to one and a half percent of the total account balance. That would be $1,500 every week. Of course, we're not going to be able to make that this week. Just volatility. Volatility premium, it's down. So not the greatest, but still we're hoping to make a good profit this week. Hopefully, right? Hopefully, Netflix again, Netflix is the one that's really giving us some issues. It's budding up against our strike price that we sold. Baba, even though that we're down just a little bit, we're still way out of the money relative to what the daily move is usually. Again, Netflix $153 down. But Amazon, again, Amazon is saving us this week. We shall see it give you guys updates as they come on this portfolio. Again, comment down below what you think. Are we dumb? Are we smart? Are we in trouble? Give us your opinion in the comments section down below. Also, if you haven't already, hit that subscribe button down below. Hit that bell notification so you get notified the moment I upload a video. I promised you guys that I'm going to get back to more tutorial videos soon. Soon, guys. Thank you so much, everybody, for watching today's update on our naked call portfolio. That is what I'm calling it. And we'll see you again on the very next trading video, hoping it's a green trade. See you guys later.