 Hey, everyone, I want to share a trade with you that we just sent out to our pro members in Oracle ticker ORCL, but before we jump into that I want to make a quick announcement and let you know that our pro membership is getting ready to close to new members on March 19th. We are almost at capacity for where we want to be as far as the number of members. If you're a current member, you know how much service we give, how quickly we respond to emails, we personally respond to every email, every social media post and are very very quick to respond. When we get to a certain level, we can start to see that level of service drop and we don't want to do that to our current members. So we're almost at that point. So we're going to let new members in until March 19th and then there will be a wait list. So we'll have to turn people away from joining the membership. So if you're interested, make sure you click the button below or go to navigationtrading.com slash pro member. Check it out and you've got 12 days from the time of this recording. So make sure if you're interested that you lock in your membership before then. Okay, so back to the alert that we send out to our pro members. So this one's in Oracle. Now Oracle has earnings coming up and so if we click on the little blue button here, you can see earnings comes out 319 after the market closes. So today at the time of this recording, it's March 7th. So essentially, you know, we've got about 12 days until they announce. What we want to do is in this case, we entered a pre-earnings long straddle. So if we look at the graph, this is what it looks like. So as long as we get a decent move in either direction leading up to earnings, we're going to be profitable on this trade. And so the question is, why did I enter this on Oracle specifically? A couple reasons. One, if you look at where implied volatility is, you can see over the last couple days we've started to see a contraction, a little bit of a down move in the implied volatility, meaning the options are getting a little bit cheaper. So if we're buying a straddle, we want to buy those options when the options are relatively cheap, and we know that leading up to that earnings announcement, or we assume that leading up to that earnings announcement that this implied volatility is going to turn around and start increasing again and expand leading up to that earnings announcement. Our position will benefit from not only an expansion in implied volatility, but also if Oracle has a big move or just a decent size move down or to the upside. So that's what we're looking for. The other thing that we use to find this trade is we use the CML back tester. And so if you look on the screen here, what I'm doing is I just typed in Oracle straddle, we're buying it, and we did a custom earnings of entering 12 days before earnings and closing it out the day they announced. So they announced after the market closes. So we just put in zero there, hit save. The options we're looking at have 16 days to expiration and then so then it populates. So what we did is we bought the 50 Delta calls and 50 Delta puts. So don't look at these boxes over here. This is the one that we're focusing on. And you can see in the last year that this did two wins, two losses. So there's an earnings announcement each quarter. So four per year. So in the last year, out of the four, it had two wins, two losses, still positive. So that's okay, right? If we look at three year track record, you'll see that we had eight wins, four losses with a return of over 85%. If we go out for the last five years, so over the last 20 earnings cycles, you can see we had 13 wins, seven losses, total return of 125%. So it gets even better. Now the other thing to make it even better is we're not going to necessarily just hold this until the day of expiration then close it. If we're up before that, in this case, if we get a 40% profit before that date, and we enter that in, now look what that does. Same percentage of wins, 13 wins, seven losses, but that increases almost doubles our return to 233%. So that's the power of this backtester, that's the power of these strategies that we utilize, these high probability strategies that we send out to our pro members. So again, if you're interested in the pro membership, make sure you click the button below, get signed up before March 19th, because after that it will be closed to new subscribers. Hope this was helpful. We'll talk to you again soon.