 Hello everyone, welcome to Options with Doug, streaming live daily on Bookbap Discord and the Bookbap YouTube channel at 1.30 p.m. Eastern Time. Before I get started, I need to go through the disclosures. General disclosure, all Bookbap limited materials, information, and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Risk disclosure, training 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. Excuse me, 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 on Bookbap Discord, there's an options-doug-chat channel that is for chat during this webinar as well as you can 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 Bookbap Discord has a wide variety of content, not only options but also stocks, futures, crypto, and a wide variety of languages. I'm also on X, formerly known as Twitter. My name there is at Doug Pless. Here are the key tenets for my trading. This is the basis of my approach for trading. First of all, I believe options trades and market maker hedging activity are key drivers of price and many stocks and futures and certainly in the large cap tech stocks that I follow as well as the equity futures, the SB500 and NASDAQ. And for the SB500, SPX is the underlying index and ES is a derivative of SPX. So when traders buy and sell puts and calls and SPX and SPY, market makers take the opposite side of those trades and they hedge their delta exposure with ES futures. And the same for the NASDAQ 100, NDX is the underlying index. QQQ is the ETF version of that index and when traders buy and sell puts and calls and NDX and QQQ, market makers take the opposite side of those trades and they hedge their delta exposure with NQ futures. The focus of my presentation today and the focus of the options-dash-dug 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 in 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 the directional bias. And the second step of 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 injuries and exits. And when I talk about setups, I will be focusing on an underlying asset and setups in that asset can be taken any number of ways. For example, setups in the SB 500 can be taken with ES futures, SPY shares, SPY options, SPX options, or even ES options. Questions and comments are welcome and I will be watching both the options-dash-dug chat channel and Discord as well as the chat and YouTube for your questions and comments. Please feel free to post. I'll do my best to answer your questions. And hello, Steven. Welcome. Glad you're here. All right. Here's my agenda for today. Monday, March 4th. First of all, I want to go over news items, economic data, and events coming up for this week. Then I'll go through my positional analysis. Then I'll review some setups from earlier today and then I'll take a look at the live market. And 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. All right, let's get started with news for the week. There was nothing today, no significant news items. The news does start tomorrow. There are a couple of PMI releases at 9.45 and 10.00 a.m. And 10.00 a.m. is the ISM services PMI, apparently. That is the one that is more high impact, could be a potential market mover. And then Wednesday, 10.00 a.m., Jerome Powell testifies before Congress. Also, the Joltz number comes out also at 10.00 a.m. Then on Thursday Jerome Powell testifies again before Congress. One day it's before the House, one day before the Senate. I don't know which is which. And then on Friday is the jobs report. This is the monthly jobs report. Normally on the first Friday of the month and for this month some reason it has been pushed back to this Friday, the second Friday of the month. So that's the jobs report. All right, so that's the economic data and events coming out for the week. All right, let's move on to positional analysis. I'm going to start with the SB 500. Not a lot to see here. So before I take a closer look at this chart, I do want to step back and take a look at a larger time frame. I'm going to go to the underlying index. That is the SB 500 SPX. So this is a one day chart for the SPX, showing the rally that began last year, October 30th. And so far SPX has rallied over 1,000 points since that 1030 turned around. All right, now let's move on to a little bit shorter time frame sticking with SPX. I'm going to go to a 30 day one hour chart. So this is showing the upper end of that trend line that was on that chart. So the high so far is 5,140. And note during this year, the call walls for SPX have moved up from 4,800 to 5,200. That's the current location of the call wall. I'll talk more about that in just a minute. All right, so that is the current state of SPX. Rally continues. Potential ceiling at 5,200 above. All right, so let's take a look at the levels on this chart. First of all, the dash purple lines are showing the lower and upper weekly expected move. And this upper weekly expected move is just slightly below the 5,200 call wall. So that's based on the options market. That's updated once a week. And that's based on the closing price on Friday, last Friday afternoon. All right, the dash blue lines are showing the lower and upper daily expected move. That's also based on the options market. In this case, that's also based on the closing price from Friday. I update that once a day. That'll be based on the closing price of the previous day. And note, I post these numbers, both these numbers in Discord in the options dash, Doug, chat channel every evening. So far, SPX trading at a very narrow range today within the lower and upper daily and weekly expected moves. All right, the other lines on this chart are showing spot gamma levels. These are proprietary spot gamma levels. They're provided to spot gamma subscribers shown on a variety trading platforms. This is thinkorswim. And these levels are based on gamma weighted open interest. Spot gamma takes open interest that's updated once a day sometime overnight, applies their algorithms to come up with these levels. All right, I'm going to point out the key daily levels. All right, so first of all, this is the put wall. That's a strike with the largest net negative gamma that can be expected to act as support. That level did move down from Friday. And the next level up is the volatility trigger. That's a 49.95. That's a strike. That's spot gamma's proprietary volatility flip level. Below that level, market makers position on the gamma curve is negative. In a negative gamma environment, market makers have to trade with price to edge their delta exposure. That tends to enhance or increase volatility when market makers are trading in the direction of price. On the other hand, like SPX is trading now above that level, market makers position on the gamma curve is positive. In a positive gamma environment, market makers have to trade against price to edge to their delta exposure. That tends to subdue or decrease volatility. And just above that is the 5,000 level. That is the absolute gamma strike. That's a strike with largest absolute positive and negative gamma. So that's where most of the gamma weighted open interest is concentrated. And then finally above that, that's the call wall that I mentioned before. That's a strike with largest net positive gamma. And that can be expected to act as resistance. So one thing that's been happening this year is the call wall has been moving up, as I mentioned before, from 4,800 out of 5,200. So as it stands now, 5,200 is the potential ceiling, at least for now for price. And the put wall at 4,800 is the potential floor. So as I mentioned before, the put wall did move lower down to 4,800 and the volatility trigger also shifted lower to 4,995. All right, let's wrap up our view of SPX this time with a one minute chart just to see the levels in play for today and there's nothing to see here. Just take a quick look. Very narrow range today, consolidation after the big move on Friday. That was a continuation of the move on Thursday. All right, so just consolidation today. All right, let's go to book map. So on book map I have my own cloud nodes. So I can show SPX levels. Again, there are none on this chart, none in play for today. I'm also showing SPI levels. So this is the SPI 512 large gamma 4,0 gamma level acted as support earlier today. Here's the 513 large gamma 3 level acting as support and this is also a combo level. 513.13, that's a combo 2 level combining SPX and SPI gamma weighted open interest. Here converted to an equivalent SPI price and then I converted that to an ES price. And if there were any SPX levels on this chart in this range I would show them there is a difference in price between ES and SPX and just note today I'm using seven. It may be closer to seven and a half. Doesn't really matter since there are no SPX levels in play for today. And note I do post all the index relationships that I'm using to set the levels on my SPI and on my ES and NQ charts. I do post those in Discord every morning. All right, so just a very narrow range again today. SPI 512 on the downside and SPI 513 on the upside in the 513.13 level. All right, shifts and levels for SPI very bullish. All four key-degg levels did shift higher. Volatility trigger put wall, call wall and absolute gamma strike all shifted higher. Let's just take a look at something real quick here. This is the absolute gamma for SPI. What this chart is showing again is absolute gamma on the vertical axis and strike price for SPI on the horizontal axis. And the orange bars, that's showing call gamma or positive gamma, blue bars showing negative gamma or put gamma. And you may recall from last Friday when the SPI call wall was at 510 with the rally on Friday. I was talking about the SPI call wall potentially moving up to 515. I said 515 looks like the potential new candidate for the SPI call wall and that's exactly what happened. So anticipating that call wall moved up to 515 and again that's exactly what happened. So that's the new call wall for SPI at 515. And now 510 is the absolute gamma strike. So the call wall is simply the absolute value of the call gamma minus the put gamma or basically the orange bar minus the blue bar. That's pretty obvious that that 515 level is the call wall. All right, let's move on to NASDAQ now. Pretty choppy day in NASDAQ. Whereas the SPI 500 has a little bit more of a bullish, yeah, I guess a bullish thesis based on the shifts higher in levels for the SPI, the all four levels shifting higher. Whereas the NASDAQ has a little bit been a little bit more bearish today. All right, so let's take a look at levels and play for today for NASDAQ. Not very much. So let's go to the underlying index charts first. I'm going to go to QQQ. Not much to see here. 445 is large gamma three level and the QQQ has traded up and down around that level. And the way I've been looking at these moves is just short opportunities as price trades up above that large gamma three level at 445. All right, let's take a quick look at, let me just take a look at something real quick. I was going to see if the, looking for a potential short here. I don't see that supported by Mag7, but certainly in order flow. Right at 300 potential short. We'll talk more about that. Excuse me. All right, so let's take a quick look at the index, NDX chart. And last time I looked, nothing to see here. No levels of play. The 18,000 level down above. Very, very narrow consolidation. Here I'm showing three days worth of data. So this is the trend that began on Thursday continued on Friday, just like SPX, then very narrow consolidation today. All right, we'll talk more about setups in a few minutes. Let's wrap up the positional analysis. Take a look at gamma notional. So let's go to gamma notional to see how market makers were positioned on the gamma curve at the beginning of the day. So that's gamma notional for the SB500, NASDAQ, and also 2000. Note all these numbers are positive. So for an index that indicates that traders are short calls, market makers are long calls, hence the positive gamma. And they have to trade against price to hedge their delta exposure. And all of these numbers did shift higher from Friday. And that's typically what happens for a rally that the positive gamma will, gamma notional will become more positive. So this is, again, gamma notional at the beginning of the day. And to me, this indicates that I'm looking for more of a range day, very narrow trading range, mean reverting price action. All right, so that's exactly what my thesis was. Looking for lower volatility range day with a slightly bullish thesis for the SB500, based on the shifts in levels higher for SPI. All right, let's move on to execution now. So everything that we've looked at so far, other than book map, is based on static data that's updated once a day, as I mentioned. Spot gamma takes open interest data. They apply their algorithms. They come up with the levels that we've been looking at. And those are the levels that I was showing on my chart. All right, so let's move on to real-time now, execution. This is showing the SB500. And this is the hero signal. Hedging impact, real-time options. All right, so what this chart is showing is price for SPX and options, trades and market maker hedging activity for a combined signal of SPX, SPI, XSP, and ES futures. All under one combined signal. So again, the white line is price for SPX and the purple line is the hero signal. Hedging impact, real-time options. When the hero signal is rising, that indicates traders are taking positive delta positions. They're buying calls and or selling puts. Market makers take the opposite side and they have to buy futures to hedge their delta exposure. A falling purple line that indicates traders are taking negative delta positions. They're buying puts and or selling calls. Market makers take the opposite side of those trades and they sell futures to hedge their delta exposure. Give me just a moment and let me just check on something here. I don't know, Katinka, I don't know if you're watching or not, but I'm doing a video right now. Oops. All right, so I had to delete a message in Discord. All right, so let's move on. So let's take a look at some setups now. I'm going to go zoom in on this and I'm just going to focus on the long here from this morning at 10.15. Note the shift in the hero signal. Right around 10.15, traders start taking positive delta positions. So let's go back to ES. Zoom in. So here's the long at 10.15. That's right above the SPI 512 level. And generally, I assume that all spot gamma levels will act as support when tested from above and act as resistance when tested from below. And then I confirm that with market maker hedging flow on hero and then order flow and book map. All right, so let's take a look at book map. So we saw the hedging flow in hero shift from negative delta to positive delta. So that confirms along. Take a closer look at this. The next is to watch these volume dots. Volume dots are showing market buy minus sell. Magenta dots indicate more sellers than buyers. And green volume dots indicate more buyers than sellers. So note the reversal just above the 512 level. Let me darken up the heat map a little bit. So the heat map is showing a history of limit orders in the order book. So these are limit buy orders below price limit buy orders. And traders front run those limit orders. Right at just below the 512 level. Again, aggressive buyers start to come in and ES starts to make a series of higher lows, very narrow range. Good entry point there at VWAP. Good for a few points up toward the 513 level. And notice price starts to move higher. The yellow line moves higher. That's showing buy stop orders. Buy stop orders fueling the move higher. Also shown by the on-chart indicator. Those numbers are not large. But they do help to drive price higher. Alright, so a long set up in the ESP500 this morning. There's also a short right around 12.30. Let's go take a look at hero. See what options traders are doing. Some out. Here's 12.30. Peak in the hero signal. Starts to move lower. Then moves sharply lower. Just after one o'clock. So back out. So this is pretty typical of a positive gamma. Consolidation day. Mean reverting price action. Options traders are buying the dips, selling the highs. No clear trend. Alright, let's move on to NASDAQ. For NASDAQ, I typically look at this magnificent 7 signal. Pretty similar. And remember when we were looking at NASDAQ just a few minutes ago, I was thinking potential short until I saw this. So what this chart is showing, let me zoom out. Then we'll get back to that. This is another combined signal showing options trades and market maker hedging activity for a combined signal for the stocks known as the Magnificent 7. That's Apple, Amazon, Google, Meta, Microsoft, NVIDIA, and Tesla. These stocks make up a very large component of the NASDAQ 100, and they typically will drive price in the NASDAQ 100. Alright, so let's zoom back in. Alright, so my thesis for the day for NASDAQ was not as bullish as the SB500. I think I forgot to mention for the index, NDX volatility trigger shift is slightly higher, and for QQQ the put wall shift to lower call wall shift at higher, which is bullish. I was looking at some other things that I'll talk about in a few days, looking at some of the volatility tools that kind of led me to believe that this rally that started this call buying, called buying-fueled rally may be losing a little bit of steam. Alright, so anyway, I want to focus on a couple of short setups from this morning. First of all, right at 9.45, the hero signal shifts from bullish to negative, from positive delta to negative delta, and then right around 10.45 to 10.50, starts to shift lower again. So more mean reverting price action this morning for options traders in the MAG7 stocks. Let's go to NASDAQ, zoom in. Alright, so first short right around 9.45, the hero signal shifts to negative delta, and then next 10.45 to 10.50, NASDAQ again starts to make a series of lower highs. This first one was a pretty easy read, looking at the order flow here. Pink line showing cumulative volume delta, that's falling, or the magenta line. Yellow line showing stop orders, also falling, sell stop orders, feeling the move lower, and then also the light blue line that's showing iceberg orders. Large traders use iceberg orders to hide their size, that's also falling. So setting up some short scalps in the NASDAQ this morning, I posted this a little bit late right around 10.15, but that's what I was seeing. So just following what options traders were doing here in the MAG7 stocks, again short, taking negative delta positions around 9.45, and then around 10.50. Alright, so what I was looking at just a few minutes ago was the hero signal that started to shift higher right around 11.40, continues to move higher, and if that's the case, I'm not going to look for a short. If traders are taking positive delta positions in the MAG7 stocks, let's just take a quick check of the NASDAQ signal. Sometimes it confirms, sometimes not. So in this case, it's going in the opposite direction of the MAG7 signal. So a little bit of a mixed picture for the NASDAQ. Let's go back to MAG7. And again, this is what I generally have been using recently for NASDAQ. Alright, let's move on. Let's take a look at some individual stocks. First of all, Apple, very bearish day to day. I think this may be partially due to the news that came out this morning about a fine, the European Union is finding Apple about their music service. Note the floor alert that comes in just a few minutes after the cash open. Good signal to get your alert for short. That looks like about 9.35. So very early. Let's go take a look at book map again, falling hero line. Traders taking negative delta positions. Take a look at Apple. So just wrapping up NASDAQ. I was considering a short maybe around 300. But with that hero signal rising, I would not look for a short there. So let's move on to Apple. And John 412, welcome. Glad you're here. Hello. Asked, do you generally prefer the MAG7 hero chart versus the SB500 hero to trade ES? No, I wouldn't say that. I think I do look at the MAG7 signal for both NASDAQ and the SB500, but I think it has more weight for the NASDAQ for the SB500. I would generally look at the SB500 hero signal first. All right, Redemption asks which broker offers this platform? I assume you're talking about book map, and book map is independent of any broker. And there are, you're welcome, John. Book map is independent of any broker, but it does work with a variety of brokers for both futures and stocks. And I check the book map website for a complete list. The last time I checked for stocks, you could connect your either interactive brokers or trade station account to book map for stocks and trade evade, and there are a larger number of futures brokers. I use trade evade for futures. All right, so here's Apple again. In the news this morning, bearish news. Options traders responding, and if you trade stock, good opportunities for shorts, as traders were taking negative delta positions. All right, let's go back to hero, and it looks like they continue to take negative delta positions. So the hero signal continues to move lower, and the next was AMD. So this is what I was looking at this morning. Initially, there was a rush up. My thinking is this move in AMD is a little bit overdone. So initial move up. Traders taking positive delta positions. Flow alert comes in right around 937, something like that, and traders started taking negative delta positions, and AMD reverse lower. All right, so let's go take a look at book map. Go to AMD. So in AMD, I was looking for shorts. So I've highlighted a couple of areas. First of all, short, just after that flow alert at the 210 level. Note the heat map here in book map. This is, again, the heat map showing a history limit orders in the order book. Limit cell orders above price. Those limit cell orders typically act as a magnet for price. Certainly acted as a magnet, and we'll see that AMD actually shot up to 211. Some of those orders at 210 were consumed. They come back in. Traders sell again at 210. Now they're back in again at 210. So there are a large number of cell orders in the order book at 210. That's about 38,500. And note at 205, there are a large number of buy orders below price. One interesting thing about AMD, it's a fairly low price stock compared to some of these other stocks like Nvidia, but the ATR, average crew range, is pretty high. So you're getting, for day trading, AMD getting a lot of bang for your buck. Lower margin. Certainly, if you want to trade 100 shares of AMD, much lower margin than Nvidia, but still a decent average crew range. Corresponds very well to options trades. So the hero signal typically is providing a pretty good signal for price action in AMD. And one thing to point out when the, let's zoom all the way out, when this hero signal kind of flattens out, one way to get a better look at AMD is to just, just to zoom in. So let's zoom in. So here's another short opportunity. Right around 1040 to 1050. Hero signal starts to shift lower. Let's go back and take a look at BookMap. And next opportunity for shorts, again, as AMD pokes up above the 210 level. Let's go back to hero. All right, now let's take a look at Tesla. So, so far we saw there was a hero flow alert on Apple very timely. Another hero flow or flow alert on AMD. That one actually turned out to be a mean reversion signal. And then let's take a look at Tesla. Very bearish day in Tesla. Another flow alert. Just a couple of minutes after the cash open, traders taking negative delta positions. In the case of Tesla, they continue to take negative delta positions. And let's go back to BookMap. Take a look at Tesla. Quick, sharp, sharp move lower. Then a steady downtrend as traders continue to take negative delta positions. Note all the magenta volume dots. A lot of aggressive sellers in Tesla. Very few buyers. I can open up cumulative volume delta. I normally don't show that for stock, but that should be, should be pretty obvious. Cumulative volume delta moving straight down. All right, does anyone have any stocks they want me to take a look at? And Steven, thank you for helping out in YouTube. All right, Steven wants to take a look at Coin. All right, so Coin I do not have in BookMap. I may consider adding that. I think I'm going to get rid of Netflix and maybe add Coin or Arm or another lower price stock that has a tighter bid ass spread. All right, so let's take a look at Coin. Bullish day in Coin as Bitcoin continues to make new highs. Let's see what traders are doing. So they're buying calls. They are selling puts, but they're buying calls at a driving price higher. A couple of flow alerts in the morning. I'm going to have to jump. Also call buyers in the Mag7 stocks. Let's go back to Coin. The reason I did that, there's this AutoZoom bug in Hero. All right, so traders buying calls in Coin. All right, any other stocks? All right, let's go back to the SB500. I'm going to shift back to the total signal. Not a lot going on here. Still trading in a narrow range. The hero signal has shifted up a bit. Let's go take a look. Let's take a look at the Mag7 signal. Also continues to move higher. All right, let's go to BookMap. So the last couple of days last week, Bruce asked me to show the trading features in BookMap. So I did that, showing some live trades in a demo account, not a live account, just to highlight the trading features, the trading control panel in BookMap. So I'll show that here. Again, this is for the SB500. Let me just go over what you need to trade in BookMap. First of all, you need GlobalPlus. So we're trading stocks and futures. There are two subscriptions, Global and GlobalPlus. You need GlobalPlus to trade in BookMap, whether you're trading futures or stocks. And you also need a data feed. You can use Rhythmic for futures and DX feed for stocks. Then you also need a connection to a broker. So right now I am using Trade of Eight for futures, and I'm connected to my demo account. And I like to trade on the chart. So I have this drop-down selected to chart. And I do trade on the dome on my Trade of Eight trading platform as well. Then another very nice feature here is I can trade micros. That's MES. I can select the full mini, that's the ES, or the micro, the MES. And I like to show it just to trade on MES, just to make this more accessible for everyone. Then I can select the number of contracts that I want to trade. And also I have this bracket order turned on. This is in terms of ticks. Take profit at 12 ticks and stop loss at 8 ticks. So that's three points and two points. Now once I place a trade, I can adjust those. That's what I like about trading on the chart. I can move those orders around. So let me ask, is this helpful? Does anybody want to see this? BB Saban, I'm sure I'm not pronouncing that correctly. Hello, wants to see Nvidia. Let's take a look at Nvidia. Actually, let me stalk a trade here. So I'm going to go to potential reversal at 513. So I'm going to go take a look. Now this is not meant as an actual trade, as something that I would do. It's just to highlight the trading features in the trade control panel. So I see there is a kind of a sharp move higher in hero here for the SB500 and the Mag7. Let's go back to book map. Let's take a look at NASDAQ. So NASDAQ, same control panel. Again, I'm accessing micros. I'm using micros here. I want to make this accessible for everyone. The micros, in case you aren't familiar, are one-tenth the size of the minis. So it looked like I might have missed a short in the SB500. So I double clicked there. That was a left click in this area to the right of this line to place a sell order, to place an order, either by or sell. The reason I double clicked is I wanted to trade two contracts so I can adjust the take profits orders separately. Alright, so I missed that short, looking around at too much stuff. And just to note, when I'm trading for real, I have three screens. I'm looking at book map on my main screen, trading platform on another screen, and book map hero on another screen. So of course I'm only presenting on one screen, so I have to jump around from screen to screen. Alright, so again, this is just to illustrate the trading features here in book map. And I'm using a demo account. This is not a live trade. Cancel that. Let's go to NASDAQ. Alright, so I'm short just above 300. Chris asked, how did you know it was going to be a reversal at 513? So again, remember, Chris, I'm just showing, just illustrating the trading features in book map. And that was, and I do assume that any spot gamma level will act as resistance when tested from below, or will act as support when tested from above. So most likely I'll get stopped out on this. This is again, just to illustrate trading features in book map. Features, not futures, trading features. Alright, let's go back and see if I can answer Chris's question. So again, I'm assuming this 513 level may act as resistance. And now these volume dots do change a little bit. So I did see some budget to volume dots coming in. Little bit of a stop run up to that level, shown by this yellow line. Also stop run, budget to dot coming in. Let's go take a look at hero. Alright, so hero was making a lower, was still making higher, higher highs, higher lows. So that would have just been a scalp. So again, that's not necessarily, let's check on the trade for NASDAQ. And so far for the day, the, for NASDAQ, both the stops and cumulative volume delta still moving lower. Alright, so maybe this will move our way, zoom in on this a bit. And here for NASDAQ, I could see more budget to volume dots coming in. And often on this type of range day, there is often a counter move for a sharp move up, then a move down. Alright, let's move this up just so we can see if we can get a little profit out of this. So that might have been just a pull back. Better to, would have been better to wait for a long maybe, we'll see. And the better entry for a short would have been right around the 445 level. NQ 303, I'm just a little bit lower. So if this take profit order gets taken, then I'm going to move my stop order down to a break even. So that looks like that may move up against me. Let's just tighten up the stop just above the 445 level. Let's check ES, go back, check hero. Alright, so hero for ES continues to move higher. Alright, so it looks like I was a little bit late on the short on that counter move. Looks like a long would have been better. Stop filled. Alright, so I got stopped out on that. Alright, so anyway that may have been the wrong move as well. Anyway, this is, I traded stocks today other than the early NASDAQ trade, which easier to read in AMD I thought today. Alright, so anyway, this does give you an idea of how to use the trading control panel CCP in bookmap. You can select chart, dome or both. Select your instrument for cross trading for futures. Select your number of contracts, set your brackets, and then place your trades. I like to trade on the chart again. Alright everyone, hope that was helpful. I want to thank you for watching. Thank you for your questions and comments. And I will see you tomorrow. Remember PMI data, 9.45, 10 a.m. And we'll talk about it tomorrow afternoon. Alright everyone, thanks again. Have a great afternoon and I will see you tomorrow. Bye.