 Hello, everyone. Welcome to Options with Doug. Streaming live daily on Bookmap Discord and the Bookmap YouTube channel at 1.30 p.m. Eastern Time. Before I get started, I need to go through the Disclosures. General Disclosure. All Bookmap limited materials, information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Risk Disclosure. Trading futures, equities and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Let me pause for a moment for a public service announcement. This is for Bookmap Discord. Bookmap is asking all Discord users to fill out a form. You can scan this with your phone and fill out the form. I think it requires your email address, your Discord name and your Bookmap license key. If you're not a Bookmap subscriber, you can subscribe to the free version, which includes access to crypto as well as delayed stock and futures data. All right, so this will provide you with some exclusive, some great benefits, exclusive webinars, services, beta programs, add-ons, other freebies, and it will make Bookmap Discord a better place for everyone who is participating in Bookmap Discord. All right, here's my contact information. The best way to get in touch with me is through Discord. My name on Discord is Doug P. Also, in Bookmap Discord, there's an option stash Doug chat channel. That's a great place to post questions, comments, and content related to the topics of my presentation and the topics of the channel that I'll go through in just a moment. And note that Bookmap Discord, there's a wide variety of content there on a wide variety of asset classes, stocks, options, futures, and crypto, and also on a wide variety of languages and a great group of traders all working together to help each other become better traders. I'm also on Twitter, ex, formerly known as Twitter. My name there is at Doug Pless. And hello, Steven. Welcome. Glad you're here. And hello, trading price and time. Welcome. Glad you're here as well. And thank you for your kind words. All right, here are my key tenants for trading. I believe that options trades and market maker hedging activity are key drivers of price and many stocks and futures. And there's plenty of evidence for that today. That doesn't happen all day every day, but definitely in play for today. And for the SP 500, SP X is the underlying index. And spy is just another version of SP X. And ES is a derivative of SP X. So when I'm trading ES, I'm focusing on the levels and options trades in SP X and spy to help drive my as well as order flow and ES to help drive my trading decisions. And for the NASDAQ 100, NDX is the underlying index. QQQ is the ETF version. It is actually the more liquid version. So for QQQ, QQQ is really the underlying index that I focus on. And again, NQ is a derivative of NDX. And when traders, let's say for the SP 500, when traders buy and sell puts and calls in SP X and spy, market makers hedge those positions with ES futures. The focus of my presentation today, and the focus of the options-duck chat channel, is options, order flow, the impact of options markets on stocks and futures, and the influence of market maker hedging flow on price action. I have a two-step process for trading and the first is planning. And I use positional analysis. I look at how traders and market makers are positioned at the options market and how those positions change from day to day to develop a thesis regarding the expected trading range and volatility for the day as well as a directional bias. And the second step in my process is execution. I look at real-time order flow and book map and real-time market maker hedging flow and spot gamma hero to confirm my thesis and for setups for entries and exits. And when I talk about setups today, I will be focusing on an underlying asset. For example, the SP 500 setups can be taken with ES futures, spy shares, spy options, SP X options, or even ES options. And Stephen, can you help Chintan maybe direct him to the location of the webinar? That'd be great. Thank you. Alright, questions and comments are welcome. And I will be watching both the chat and the options-duck chat channel as well as the chat and YouTube for your questions and comments. Please feel free to post and I'll do my best to answer your questions. Alright, here's my agenda for today, Friday, February 9th. First of all, I want to go over news items, economic data for today. Then I'll go through my positional analysis. Then I'll review some setups from earlier today and there were some great setups. Then I'll take a look at the live market. When I get to the live market, if anyone has any stocks they want me to take a look at, please let me know and I'll be glad to do that. Alright, let's get started. First of all, economic data for today. And I'm not sure this was a, give me just a moment, I didn't bring that over to the screen. I don't know if this was scheduled or not, but let's take a look at this. The CPI data for December was revised from .3%, 2.2%, and that caused quite a move in the market. We'll take a look at that. And that was the only data for today. So far it's been a pretty light week as far as data goes. Alright, let's go to the market now. I'm going to go back to the S&B 500 futures. This is the ES futures and book map. And this is the reaction to the data release. It came out a little bit after 8.30, a couple of minutes later. And a very bullish reaction, a reversal right at the SPY 501 level. Also this SPX 5023 level that was noted as resistance in the SPOT Gamma Am founders note. So, so far today that level has been the upper end of the range. Before I take a closer look at this chart, I do want to step back and look at a larger time frame. So I'm going to move on to positional analysis now. I'm going to start with the S&B 500 SPX index. Again, that's the underlying index for the S&B 500. This current rally began October 30th last year and really has continued with some minor consolidation toward the end of the year. Found resistance at 4800. So I'm going to focus on these key big round number levels and how they progressed higher. Alright, so resistance at the 4800 level at the end of the year and also the start of this year and then on expiration Friday, January expiration, January 19th, SPX broke out above that 4800 level. Alright, now this rally is so far has gone on over 900 points. Well, it's not showing that now, but it's gone over 900 points from 4100 to over 5000. Alright, let's take a look at a shorter time frame so we can pick up the top part of that chart. So here's the breakout on January 19th above 4800. Resistance at 4900. A breakout on Monday, January 25th. Then a reversal back lower after the FOMC announcement and especially the press conference. Then rally again up above 4950 all the way to about 4970. And now the SPX is trading above 5000. So again, I'm focusing on the moves higher and the key round number levels 4800, 4900 now above 5000. And note for today, the call wall did move up from 5000 to 5050. So a little bit of room to run higher for SPX. Alright, let's take a look at the levels on this chart. I'm going to zoom in just a bit so we can look closer. So first of all, the dash purple lines are showing the lower and upper weekly expected move. This is based on the options market. I update this once a week. I've been posting these numbers in Discord every day. So this is updated once a week. And those levels remain in place for the entire week. Then the dash blue lines are showing the lower and upper daily expected move. Also based on the options market, I updated that once a day, posted it in Discord the evening before. And note the upper daily expected move is right at the same level as the upper weekly expected move. So you really can't see that dash blue line, but it is there under the purple line. Alright, so those are the expected moves based on the options market. And now the other lines on this chart are showing spot gamma levels. And these are levels that are provided to spot gamma subscribers. They're based on gamma weighted open interest. They're updated every day. They do shift a little bit every day. So that's why I follow these levels. Alright, I'm going to point out the key data levels. First of all, here's the poop wall now up at 4800. That's a strike with the largest net negative gamma that can be expected to act as support. And again, that level did move up from 4500 yesterday to 4800 today. Alright, the next level up is the volatility trigger. That's at 4945. That is spot gamma's proprietary gamma volatility flip level. Below that level, market makers position on the gamma curve is negative. In a negative gamma environment, they have to trade with price to hedge their delta exposure. And that tends to enhance or increase volatility. When market makers are trading in the direction of price, on the other hand, above that level in a positive gamma environment, market makers have to trade against price to hedge their delta exposure. And that tends to subdue or decrease volatility. And note that SPX is trading well above that level now. Then the next level up is 5000. That's right here. And 5000 is the absolute gamma strike. That's a strike with the largest absolute negative and positive gamma. And that's where most of the gamma weighted open interest is concentrated. And we'll take a look at the absolute gamma chart in just a minute and see that 5000 is by far the dominant strike. And then, as I mentioned before, the call wall now moved up from 5000 yesterday to 5050. So room to run. The call wall is the strike with the largest net positive gamma. And that can be expected to act as resistance. Alright, so those are the key daily levels. And there was a hat trick for SPX. Volatility trigger, put wall and call wall all moved higher. So that is bullish. Traders looking for accepting and positioning themselves for higher prices in the market. That's what that indicates to me. Alright, let's wrap up this few of SPX with a one minute chart. I'm going to go to one minute chart. So this is the last three days worth of data. So this is on Wednesday, test of the 5000 level, which was the call wall at that time, and a reversal lower than consolidation yesterday until the end of the day. There was one test of the 5000 level price of verse lower. And then right at the end of the end of the day, there was a squeeze up and SPX traded above that level, then reverse lower. Let's see if I have a screenshot of that. So that's in book map yesterday. So this is for yesterday. There's that test of 5000. And yesterday, again, that was the call wall. Test of that level, price of versus lower setting up a short, and then a burst higher of aggressive buyers. Also a stop run. Showing by the rising yellow line there, up above 5000, and SPX did end up closing just below 5000 yesterday. So this is yesterday. Let's go back to today now. SPX gapped up, tested the 5000 level, and now is headed up toward the 5050, the new call wall. So here are the levels in play for today. This 5000-13 level, some congestion around there, acting as resistance, and now price is breaking out above that level to the next combo level, that 5023 level, right near the upper weekly and daily expected move. Alright, let's go back to book map now. Alright, so in book map, I talked about the initial react. Well, first of all, let me point out, I have my own cloud notes, so I can show SPX levels on this chart. There's the 5000 level. Now the absolute gamma strike. Here's that 5023 level that I mentioned. That's a combo level combining SPX and SPI gamma weighted open interest into one level, converted to an equivalent SPX price, and I have converted it to an equivalent ES price. And there's the 5000-13 combo one level. I also have SPI levels on this chart, and the SPI call wall remains at 500 that did that level, around that level, acted as resistance earlier today. And now, SOB 500 is creating above the SPI 500 absolute gamma strike call wall. And then this is the upper daily expected move for ES. Alright, again, I have all these levels in one column in my cloud notes. Let me just check on something real quick. So right now, there is a difference in price between ES and SPX, and right now that difference is about 18 points. So I'm showing the SPX 5000 level at 5,018. Alright, so very bullish day in the SOB 500. Let me check for questions. Thank you, Stephen. Jay Medina asked what about NQ? That's next. Alright, so that's the SPX ES, SOB 500, levels in play, 5000 on the downside so far, 5,023 on the upside. Alright, let's take a look at NASDAQ now. Alright, so shifts in levels. Let me wrap up the SOB 500. Shifts in levels. Again, I mentioned the bullish hat trick for the SPX. Volatility trigger put wall and call wall all shifting higher. And for SPI, the volatility trigger also shifted higher, and the call wall and absolute gamma strike that you can see right here remain at 500. Alright, so there's a little bit of a difference in the location of the call wall for SPX versus SPI. Alright, let's take a look at NASDAQ now. NASDAQ on fire today, reversing higher, right around QQQ for 433. So let's take a quick look at the underlying index products for NASDAQ. First of all, here's QQQ. This is a one day chart, one minute, and there are actually three spot gamma levels in play, mainly the round numbers. So with the initial move down in the morning, QQQ did not quite make it to 433. 435, a little bit of resistance, then support, consolidation around this C2 level, combo two level, and then a move higher up to 437. Alright, so those are the QQQ levels in play for today. Let's take a look at NDX, the other underlying index, and there are just a couple of combo levels here. This is combining NDX and QQQ, gamma weighted open interest into a converted to an equivalent NDX price. So these levels did act as resistance, then price broke out above those levels. Alright, let's go to NQ now. So again, I have my own cloud notes, so I can show QQQ levels. There's that C4 level, and you can't see it, but there is a white line here showing that other combo level. Then I have the round number levels. It looks like I need to add more. My round number levels start at stop at 18,000. I need to add more. Then there's the upper weekly and daily expected move for NQQ. So here's that level of consolidation, 436 in the middle, and the upper daily expected move, and 18,000 above, and now NQ trading above. And note that I do post all the index relationships that I'm using every day in Discord. I post the preliminary numbers that I'm using before the cash open, and then after the cash open, of course, SPX and NDX do not start trading until 9.30. So I wait maybe 20, 30 minutes for those numbers to finalize before I post the final numbers. Alright, so there's NASDAQ on fire today. We'll talk about setups in a few minutes. And let me take a quick look at Gamma Notional to see how market makers were positioned on the Gamma curve at the beginning of the day. So what I'm looking at is Gamma Notional. This is on the data table at the bottom of the spot Gamma AM founder's note, showing Gamma Notional for the SB500, NASDAQ, Russel 2000, note for the SB500, and NASDAQ. These numbers are positive. They're not extreme. They're not strongly positive and negative for the Russel 2000. So on a positive Gamma environment, what Spot Gamma assumes is that traders are short calls, market makers are long calls, hence the positive Gamma. And they have to trade against price to hitch their delta exposure. Alright, these numbers for the SB500 and NASDAQ, while still positive, did shift lower from yesterday. Alright, finally, as I mentioned, I want to take a quick look at Gamma Notional, the absolute Gamma for SPX. And then we'll get to some setups. Alright, so this is the absolute Gamma for SPX, and this is by far the most dominant strike. So the orange bars are showing call Gamma or positive Gamma, blue bars showing put Gamma or negative Gamma. So there's the 5000 level, of course again the most dominant strike. 4,800 down here, the put wall, and then the call wall, there it is, up at 5,050. So it's basically for the call wall, the orange bar minus the blue bar. Alright, let's get to some setups now. Excuse me just a second, about to sneeze, sorry. Alright, so everything that we've looked at so far, these levels other than book map are based on static data. And now I want to go on to the execution process, and we'll get to the keys of what has been driving price today, the way I see it. So I'm going to take a look at what options traders have been doing today. And I'm going to start with the SB500, and what this chart is showing. And I've left this for those of you who are familiar with Hero, this is the Hero signal, hedging impact real-time options. It's provided to spot gamma subscribers. And what it shows is options trades and market maker hedging activity for a combined signal, in this case for the SB500. SPX, SPY, XSP, and ES Futures. Let me just quickly, I'm going to look at the total signal then we'll switch back to the put call broken out. So the white line is showing price for SPX, the purple line is the Hero signal. Again hedging impact real-time options, it's showing options trades and all those instruments, and market maker hedging activity. So for example, when traders buy calls in SPX, market makers sell the calls and they have to buy ES Futures to hedge their delta exposure. That's the only way that they can hedge the SPX. They always want to remain delta neutral. So when they sell calls they have to buy ES Futures to hedge their delta exposure. Alright so a rising purple line indicates traders are taking positive delta positions. So in that case they're buying calls and or selling puts. Alright let's zoom in on this chart, and I'm going to go back to puts and calls. Alright so what this chart is showing, and we're going to focus on long setup this morning. So I'm going to zoom in. Alright so what this chart is showing at the open, rising orange line indicates traders were buying calls. And the rising blue line indicates traders were selling puts. The blue line and the orange line rising in the same direction, that's a very strong directional indicator. In this case bullish. They're right at 935, traders started stop selling puts, they started buying puts. Note that price consolidates, moves lower. And then right around 954, 953, traders start selling puts again. And then around that same time they resume buying calls. So notice again just before 955, blue line and orange line both rising in the same direction. Again a very powerful directional indicator, in this case bullish. And then after around 10 or so the put line just levels off. And they continue to buy calls. Alright so that's setting up along right here just before 955. Alright so let's go take a look at book map, go back to ES. I'm going to zoom in. Alright so remember traders start selling puts right around 955, 953, 54. And they also start buying calls again. So at that time the orange line and blue line started rising moving in the same direction. So let's take a look at the clues in book map now. First of all the volume dots are showing market buy minus sell. Magenta dots indicate more sellers than buyers. Green volume dots indicate more buyers than sellers. So there was a bit of a flush down right here shown by the magenta volume dots. Also that move lower was fueled by sell stop orders that's shown by that small red dot. Note the blue line there showing iceberg orders. That's a buy iceberg order. That's actually 480 contracts, two executions. Large traders use iceberg orders to hide their size. Smaller traders getting flushed out sell stop orders and large traders with their iceberg orders coming in to buy that move down as traders started taking positive delta positions. Here's the entry point that I was looking at. Right around or just above the spy 499 level. So we know that there was a stop run down, large traders buying with iceberg orders, aggressive buyers start to come in. Then buy stop orders start to feel the move higher. That's shown by the green dots, small green dots there as well as the rising yellow line and the sub chart. Cumulative volume delta starts to rise. That's the magenta line that changes to dark blue. Magenta indicates the CVD is negative when it shifts to dark blue that indicates CVD becomes positive. So pretty choppy price action after that. If you missed the initial entry there were multiple long entry points right around VWAP. So that's the slight blue line. Other entry points that these will zoom out now. There were a couple of pullbacks near this trend longing. Deeper pullbacks, good for long entries as all the lines in the sub chart continue to rise. Cumulative volume delta, iceberg orders, and buy stop orders. And the primary target for the move in the morning, this cluster of levels here. SPX 5,013 and primarily the SPY 500 call wall. Above that is 5,015 level noted as resistance in the Spot Gamma and Founders Note. And the ES upper weekly expected to move with the dash purple lines. Alright let's go back to hero. So note the reversal right around 1115, 1130. So let's go back to hero now zoom out a bit. So you can see here really starting around 1035. Let's go back to book map look at 1035. And 1035 is when price hits the SPY 5,500 absolute gamma strike. 1035, options traders shift, they start at that time they start selling puts. I'm sorry they start buying puts. Alright so they were selling puts, stopped, they start buying puts. Price reverses lower, call buyers take their foot off the gas, price moves lower. Then right around 1135 they start selling puts again. Resume buying calls, price moves higher. Now both the blue line and the orange line moving in the same direction. Alright sorry about all the arrows. Alright so that options trade again right around noon maybe 1215 something like that. Kicked off again and traders continue to buy calls. Alright so that's the SPY 500 and clearly to me options traders definitely driving price action today. Alright let's go back to the total chart. So there's that move lower than just afternoon. Traders start taking positive delta positions again and now price resumes it's move higher. Now up to the next resistance level, 5,023. Also the upper day they expected move for ES. And note that was around the high of the day with that initial move about CPI data. The December revision. Alright let's take a look at NASDAQ now. Alright very bullish day in NASDAQ. Let's see what is driving NASDAQ. Let's go back to the hero signal. And for NASDAQ I typically look at this mag 7 signal. So what this chart is showing is options trades and market maker hedging activity for a combined signal of the stocks known as the Magnificent 7. Apple, Amazon, Google, Meta, Microsoft, Nvidia, Tesla. Alright let's zoom in on this chart. Again I just have put some calls separated here so we can see what is driving price. Primarily calls. Traders started buying calls from the open. Took their foot off the gas just a little bit price consolidated. Now they're buying calls again and they have been also selling puts. That's indicated by the positive notional value here. That's delta notional. But call buyers definitely driving price in these Magnificent 7 stocks which make up a very large component of the NASDAQ 100. Alright let's go take a look at book map. Alright so similar to ES. ES move up after the CPI data. Price moves back down then at the cash open just a few minutes later. Traders start buying. You can see the shift from, excuse me, sorry about that. Shift from aggressive sellers, magenta volume dots, aggressive buyers come in. Pretty sharp move up to the upper day they expected to move. 18,000, some consolidation there for a couple of hours and then price starts moving higher again. And as it appears to me primarily driven by call buyers in the Mag7 stocks. Alright let's take a look at some stocks and then we'll get to the live market. And DBB, thank you. Alright let's go back to hero. Alright the theme of the day for today is alerts. So let's start with Apple and we'll go through these pretty quickly. Alright so I have puts and calls separated out again. And what I want to point out is these flow alerts right here. Pretty consistent theme over a wide variety of stocks. So these flow alerts indicate significant options activity and should get your attention. So note in Apple this came in at 11.05. Alright let's go take a quick look at Apple in book map. Note 190 is the call wall. So Apple had been trending up slightly 11.05. The alert comes in and Apple blast off. This is not a large move in terms of compared with NVIDIA or Tesla or something like that. But nice move in Apple flow alert giving you a signal and then resistance at the 190 call wall level. Alright let's move on next AMD. Let's go back to hero. So by the way this large move in the orange line indicates a number of larger orders. Typically it's a straight line up indicating a big block order. Alright AMD very similar. This time comes in a little bit before 10.10. Right around 10.08 large block order of calls. Traders had already been selling puts. AMD moves up to the 175 call wall and traders call buyers quickly take their foot off the gas at that level. Then start selling calls. Let's take a look at AMD. Go to book map and 10.08. The alert comes in and apply price just right after that. So you hear the alert, you buy a call and wait for it to take your profits at the 175 call wall. Which is right there. Note the liquidity in the order book. This is very typical of stocks. This liquidity comes in at the cash open. This is in the case of being above price. Those are limit sell orders. So the heat map and book map shows a history of the limit orders in order book. And for stock this is very typical. These orders come in at the cash open. They typically stay in the book until they're filled. Alright the next stock is Amazon. Go to Amazon. Let's go take a look at Hero. Very similar pattern. Here's the alert at right 10.20. In this case, price is trading above the call wall. Traders aggressively buying calls. They continue to do that. And they're also selling puts. Positive notion of value. And Amazon is moving higher. Let's go take a look at book map. So the alert comes in. And then Amazon blast off as traders buy calls. Market makers sell the calls. And they have to buy stock to hedge their dealt exposure. Also note that with Amazon above that call wall. Spot gamma assumes that traders long calls. Market makers are short calls. And they have to, as those calls at the call wall go deeper in the money. Their delta is getting more negative. And market makers have to continue to buy stock to hedge their dealt exposure. So that's what happens when stock is trading above its call wall. Alright the next is Google. Let's go to Google. Alright in this case the call buying is mid more gradual. Flow alert comes in before 940. Traders continue to buy calls. Price moves above the 147 call wall. Looks like there was some consolidation at that level. Acting as resistance. Price breaks above. Does one more test. And now continues to move higher. Let's go back to book map. So in the case of Google that flow alert came in early. Again see the flow alert by a call. And hold it until about noon. Alright the next is Microsoft. Let's go take a look at hero. See when the alert came in. Gonna have to zoom in a little bit to see this. Again right around 937, 938. Alert comes in. Traders buying calls. And join them as price moves up to the 420 call wall. In this case call buyers take their foot off the gas. And price is consolidating right around that level. Let's go back and take a look at book map. 420 call wall. So the alert early 937. Aggressive call wall. Early 937. Aggressive call buyers. Move price up to the 420 call wall. Alright the last one I want to take a look at is Nvidia. Another bullish day in Nvidia. Let's go back to hero. Go to Nvidia. And here's the flow alert. Right around 940. Just a couple of minutes later. Traders start aggressively buying calls. They're also selling puts. And in addition, Nvidia is trading above its call wall. Those calls that market makers are short. Delta's becoming more negative. Market makers have to continue to buy stock to hedge their delta exposure. Let's go back to Nvidia. Book map. So another wildly bullish day in Nvidia. Again that alert came in. Early in the morning. 940. Alright does anyone have any other stocks they want me to take a look at? Otherwise I'll get back to the live market. Alright so slow to Roz. He wants to take a look at SMCI. I don't have that in a book map. We can take a look at hero. And this is as expected. Traders buying calls. They're also selling puts for the days. But for today. Traders are call buyers. Definitely dominating. In this case right around 1015, 1030. They take the foot off the gas and price consolidates. Very typical pattern. Aggressive call buyers in the morning. Summer between anywhere from 10 to 1030 to 12 or so. They take the foot off the gas. Price consolidates or moves lower. Alright Danny asks. Do you trade options based on spot gamma charts? First of all the setups that I talked about. Could be used for buying. In the case of a stock. Buying or selling shares of stock. Or buying or selling. Single options. Or option spreads. So that's up to you. Your risk tolerance. Your capital. Options are typically more. Certainly you don't require. Nearly as much margin. As. As stocks. So there are a couple ways to play. SMCI. And for $700 stock. Most likely. Buying. Buying a call would be most efficient for most people. So here's for SMCI. For example. Definitely buy a call. And I'm sure they're. They're quite expensive for it. A high price volatility. Volatile stock. You can also trade a spread. You could have. In the morning. Bought a call spread. Sold a put spread. Another way to play this. Is to. Take a. What spot gamma calls a not bullish trade. So when price. Starts to consolidate. Options traders take their foot off the gas. Sell a call spread here. So all price has to do is remain below your short strike. And you you make full profit on that. All right for the. SMB 500. I typically trade futures. But that's just me. And again the setups that I talk about. As I mentioned in my introduction every day. Can be taken any number of ways the setups can be taken with. Futures shares a spy. Or SPX or spy options. All right Jay Medina. I will answer the first part of your question. I've been. Trading for a long time day trading. For about four years. And this is the I started. Started trading with book map. So I've never really day traded from. From volume profile or a candlestick chart. I I tried and looked at a variety of things. And. Ended up. Excuse me. Ended up. Focusing on options trades. As the basis for my trades. All right let's take a look at the SP500. And Jay Medina. Yes I am profitable. All right SP 500. Traders continue to buy calls. Take a look at mag seven. They continue to buy calls as well. Let's go back to book map. SP 500. Breaking. It just never ends. All right Jay Medina. My point here is to. Show others. How to trade. How to use book map. And spot gamma to gain an edge in trading. Rather than discussing my own. Personal situation. You know that can depend on. Different. Events of my life. And. You know I've had a lot of things going on in my life so. You know my point here is to. Teach others how to. Use this data. To make their own trades. But yes I mean I think it is. What I. It's obvious to me that. There's quite an edge. In looking at book map order flow and book map. Looking at these levels. That I post on my chart every day. As well as the. Hedging flow with hero. And by the way. Showing all those alerts. In. In the spot gamma hero signal that should be very intriguing. If you don't already subscribe to. Spot gamma. Just having that alert indicate. You know if you'd bought calls. At. Each of those. Six alerts that I showed you would have a very good. Day week and probably month. All right let's take a look at nasdaq. All right. For nasdaq the. Call wall. For qqq. Is up at four forty. All right so that's up here. So according to that there's still room to run higher for. For nasdaq. All right for. SME five hundred. It is trading above the five hundred call wall. For. For spy. But still below the call wall. At five thousand fifty. For SPX. So according to the SPX. Five fifty call wall. And the qqq. Four forty call wall. Both the. ES and Q have room. Room to run higher. All right any. Any final questions any. Any final stocks anybody wants me to take a look at. All right so. The major index. Indexes. Yes and Q. Wrapping up the week a very bullish day. It's been a great trading. Trading week. And. Next week I think there's some additional. Data I think CPI data comes out next week. And also. Of course next Friday is the options expiration. On. On Friday that's the monthly options expiration. So we'll talk more about that on Monday. Everyone have a great weekend. And first. Ask. To learn book map. Go to book map dot com. Go to the learning center. And that's a great place to get started. You can also join book map discord. There's a lot of great information there. All you need is a. If you don't have a book map license you can. Sign up for a free version of book map to get started. All right everyone have a great weekend. And I will see you on Monday.