 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. Gump 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 condo, break, small gap. Good morning, everyone. Happy Monday, March 25th. Welcome to today's Zero DTE live stream. S&P down 16. NASDAQ down 105. Russell is up four. Dow down 60. Gold and silver are green. Notes and bonds a little bit red. Ten year yield up tiny bit. Oil up a little over half percent. Natural gas down 1.75. Soybeans up, weed up, corn down. Euro in the pound a little bit higher. Bitcoin up almost 5%. VIX at 13.5. Strikes in SPX. Pretty narrow, my friends. Pretty narrow. But it is Monday. So hopefully we can get some Monday magic. Working. As posted in the positions and updates, I'm going to do my Monday AM ratio iron condor. My NDX daily, 25 delta trade. My challenge portfolio will be doing re-entries. Along with the 1DTE iron condor. I'll be doing the 945 AM ratio iron condor. Potentially some JSP's. And then I might sprinkle in some additional discretionary price action iron condors if I see fit. Then later on, if they set up, do my quiet NPM tranches. And then power hour, if there's any premium left, we'll see. So that is my plan this morning. I've also got a 3536 and a 45 calendars from Friday. The IV did not coordinate well between the front and back. My 35 and 36 are both down. My 45 is up a little bit. I stayed light on these because it is a shortened holiday week. Friday markets closed for Good Friday. So I did stay small. But the 35 and 36 looks like they are going to be losers. Opening bell in 90 seconds. I am going to refresh my coffee. I will be back in one minute before the bell. All right, I made it. 20 seconds to go. My bots will start firing off positions about a minute after the bell. And here we go. Expected move in SPX to start the day. 16.4. Yuck. Friday was 19. 16.4. NDX. Expected move. 82.8. We are in the midst of our second day of a pullback off of all time highs. We hit 52.61. All right, here come my trades. It's good to see the bots firing correctly on a Monday morning. All right, so my AM ratio came in. I'm on the 52.10. 52.30. So whopping 20 wide. My NDX came on the 18.140s and the 18.290s. My 1DTE came on on the 5200s, 52.35s. One day, Iron Condor only 35 wide. And I got my 1-1 and my 3-2 re-entry fired as well. All right, so to recap, and I just fired some JSPs at the 52.20 puts. Got a little bounce. All right, so here's my NDX 18.140s, 18.290s. Here is my AM ratio. 52.30s, 52.10s. Yeah, there we go. So there's my AM ratio. Here's my JSPs. 52.20. Yeah, I got filled on my NDX. I got filled at 4.27. So it must have been a 4.25, 4.30 split fill or something. 4.27. And then in my Challenge portfolio, here is my 1DTE. Pretty narrow for a 1DTE. And then my 1-1 is on the 52.15, 52.25. And my 3-2 re-entry is on the 52.10, 52.30. Are you getting some good decay? Holy moly. My 3-2 is already at 14%. NDX was at 18.140 puts, 18.290 calls. As far as news this week, we do have new home sales. It's got an orange, orange impact, which is kind of medium. It's not high impact, not low impact, medium impact expected. That's at 9 a.m., so here in about 25 minutes. Tomorrow, pre-market, durable, good orders. 30 minutes after the market's open, consumer confidence. Wednesday, the 27th, Wednesday, 5 p.m. So that's after the market, two hours after the market closes. It's showing high impact for FOMC member Waller speaking. It's nice of him to do that after the market closed. Thursday pre-market, GDP and employment. Thursday, 30 minutes after the market opens, pending home sales, which it's pending as high impact, along with consumer sentiment. Then Friday, the market's closed, but we do have core PCE and Powell speaking. So, nice. I mean, these Fed speakers are finally doing something nice, and they're speaking when the market's closed, so that's good. Yeah, I've got my 35, 36, and 45 to exit. So let's check out the 45. See, so I got into that one at $1.50, put my order at $1. See if I can get out. We get a little bounce. 35, I'll go ahead and close those. That was my 36. All right, 35 and 36 are closed. My 45, trying to get filled at a buck. SPX pulling back a little bit. My JSP, I'm on the 52.20, but I think I have it set at 80 wide on the long. This would be the 50.40 is the long one. Fiche, my risk profile appears to be doing fine. SPX heading down to the low of the first five minute bar on top of the mountain. No, I have to do that manually. I have one bot for the reentry, and then I just, when I hit 30%, I reduce my stop and close half. Same thing on the 32. It's just one bot. I just wait for it to hit 30%, and then I have to manually reduce and close part. So not as fully automated as I hope it will be at some point after he gets the broker's situation with Trader and Schwab ironed out. That's kind of one of the things at the top of this list to add in some type of automated, kind of ratchet down stop at a specific profit target. So for now, I've got to do it manually. I just set an alert. And when it gets close, that way I don't have to watch it like a hawk. Correct. No, there's no special discount with Trade Steward. That's another thing that I've talked to him about. But again, he's trying to get all this stuff in order before he, he's kind of grown faster than he expected. So he's trying to get all this stuff in order before he even puts any focus on marketing or growth or, you know, that kind of stuff. So he was, he wasn't, he was wanting to hold off on any type of deal like that. All right. SPX pushed a little bit through the low, the first five minute bar. VIX got a little contraction out of the gate and it's bouncing back up a little bit. Of course, similar opposite reaction of SPX. SPX pushed up at first, now coming down. VIX futures are slightly red. Yeah. So what I'll do on top of the mountain. So if you're looking at my screen here, I probably already know this, but for anybody who is newer to Trade Steward. So for example, my, here's my one to one. And so in this case, I've got 11 contracts. So my, so what I do is like, once I get to 30% which is displayed here, then I will close half. Then which is obviously an odd number. So in this case, I'm going to, I would close six. So I was, you know, if it's an odd number, I close a little above 50%. So that gets to 30%. I will just hit this little reduce trade size button, close six of 11. And then at the same time, I would reduce my stop to two bucks. And then from that point on, it's just kind of in autopilot. And what I'll do a lot of times if I, you know, if I'm in the middle of something is, so I'll pull up the, I'll pull up the trade. So here's where I got filled, right? Or here's where I got filled. I got filled at 1095. No, that's my three two. I got filled at, yeah, 1095. There it is. There's the six and the fives to make up the 11. My one DTE got squeezed in in between there at the same exact time. All right. So I got filled at 1095. So 1095 times 0.7 equals, so about $7.65 would be 30%. Right? So once this gets down to $7.65, that's when that spread would be at 30% of max profit, which would be the time that I would do that. So what I'll do is I'll just, I'll right click on this, create opposite order. And then I will right click on that and do create alert. And then I will do a few cents above that 7.65. So a few cents above the 30%. So I'll say at or below. So it was 7.65. So I might put like 7.75. Right? So once that spread gets down to, you know, 10 cents or so from my profit target, I'll have an alert. It'll send me a, I can set it to send me a text message. Obviously a noise on my platform, whatever you, you know, whatever you want down here. You set it up to play whatever chime you want, send a message, whatever. And then that way, you know, once I get that alert, I'm like, okay, I'm getting close to 30%. I should go in and be ready to adjust that. That was a little tip from my boy, Meach. Yeah, 15s and 25s. I have mine set at, yeah, 31, 931. I don't know if I've had better luck. I don't think I've ever had it set at 932 on those. I just want to get into those at the open. My three twos already up 17%. Halfway there. Halfway there to close in half and reducing stop. My AM ratio is also up 17%. My one DTE is up six. My one to one is up 11. My NDX is just kind of flat. My JSP's are back in the green with this little bounce. JSP's are going to need to bounce about up to call it 5229. 52, depending on how quickly it gets there. 5229, about eight point move higher, seven point move higher to hit 50%. Once it gets to 20%, I will reduce my stop. Making a push towards highs of day. High of the first five minute candle. Vic's coming down. The good news is, my friends, I think we're going to see some higher implied volatility, at least the latter half of the year with the election. So there's there's some built in implied volatility increases later in the year, at least. Nothing else crazy happens. For now, we just battle with what we've got. That's right. Make Vic's great again. That's what I'm voting for. You know, if somebody ran on that ticket, they would have the entire trading community have their vote. They need to look into that. They're discounting the trading community. Not given the trading community the attention they deserve. Still chopping within that first five minute bar. Didn't break out to the downside. Hasn't broken out to the upside. I haven't taken any futures trades yet this morning. All right, let's see. My four five still has not hit. Trading for about a dollar 15. Got my order at a dollar to close. Should be about 30%. Get one more little push through to the upside should hit. Yeah, 30% is my profit target. 30% or exit at 10 a.m. tomorrow. I mean, if we fall down to the expected move to the downside, it'd be be pretty deep in the red at that point. Three fives and three sixes did not hold up well. They already suck the premium out of Monday options or right more likely they. Set the premium out of the options later in the week. All right, my friends, I'm going to jump off here. We'll be back for power hour. Chads in the woods hunting turkeys. Shooting poor innocent little birds. With his big gun. So. But so as far as live streams go tomorrow. There won't be any live stream in the morning. But we've got power hour every day this week. And then I'll be doing zero DTE live stream on Wednesday as well. But no morning live streams on Tuesday or Thursday. The power hour every day. If there's any premium left. All right, all have a good rest of your day chat with you soon.