 Hey everybody, it's Hari Swaminathan from optiontiger.com. It's Wednesday, July 17th. We are looking at our swing trades here So yesterday if you saw the market action while it was slightly positive in the pre-market The market actually got shot down about 10 points on the S&P and this is what I was concerned about because if you look at the S&P charts the last four days and I've drawn these red lines here the market went up However, it was going up on declining volume, which was telling me that there is no further upside demand at least temporarily I mean we remain in a bullish condition. There's no question You can see the custom RSI for everything remains in bullish This is the city group trade that we took and look at the city group chart very nice It's it remains in bullish. So we do remain in a bullish condition However, I expect a little bit of consolidation here for a few days And so what actually that would do is that would do wonders for all our short positions You can see now Apple the short position has developed 831 and there is still about a thousand dollars left granted Apple is close to 205 But it's not quite there then Adobe the short has developed really nicely and we've got a $1500 profit there However, we lost on the long call and this is what I was concerned about But no worries because we do have another expiry in between here Even on this August 2nd expiry we can do a debit spread So Adobe is developing really well now and this is one of the lessons here because we did roll this two times and Both of it was for a loss However, you can see the fruits of doing those adjustments because now the now the position is developing very well on Baidu once again it pulled back yesterday and so the shots have a profit We still have a little bit of we still have 920 dollars and that can expire worthless as well City group we opened this yesterday and it went down along with the rest of the market And so if anybody has joined new you can take this trade. You're going to get a better price This is the 30th of this 72.5 call Chipotle is moving in the right direction However, it's developing slowly because we started off with a spread But we're going to leave it as is CRM is another trade that we took just a couple of days ago And so if you're new you can take this trade as well and for existing people who have the CRM trade I'm going to double down on this. I think it makes sense We got in at our 2.09. So now it's down about 30% and so I'm going to double down on CRM But if you're new you can certainly go in for this gold is still hanging out there yesterday It got beat down a little bit We'll just leave it as is because it's supposed to be some sort of a hedge also Netflix is going to expire this week And so we just going to let it expire and we should break even or we should just make a small profit or so Oracle This was a small trade that we took and we only paid 28 cents for this option. It's gone down to 0.08 So I think it makes sense to double down. So if you have an existing trade on Oracle, we're going to double down on this It's just another investment of about 18 or $90 and You know, it'll give us a better chance to come back. We've got 30 days for this So Oracle if new users want to get in on Oracle Obviously don't get in on this because this is just going for 8 cents You would want to get in into the 60 corp the it's the same expiry 16th August But you would want to get into the 60 corp the spider once again We are going to let this short expire and then we'll worry about it at that point. So that's it There's no new trades. I'm expecting a little bit of a flat ish kind of activity over the next couple of days for this week and so we're going to let all our shots expire and We'll we'll see what to do after that and then that will be able to close a lot of these trades And that'll give us a little bit more flexibility Let's just go to market watch and see we are still in a very bullish mode as you can see So next week once this consolidation pattern gets over we can look at new trades Some of the trades that we have here are let's say Apple you got Apple here So you can see Apple is still bullish the customer side is also showing bullish Then we have Chipotle Chipotle is definitely bullish. There's no question. So, you know, that's also another trade that we have Salesforce has gone into neutral since we entered the trade as you can see some of this price action Obviously is causing it but customer size still remains in bullish. So anyway, these are the trade updates for today There's no new trade new users can get into these three trades city group CRM and Oracle, but if you're getting into Oracle, please get into the 60 corp. Thank you