 Hey everybody it's Hari Swaminathan from optiontiger.com it is January 4th Friday morning happy Friday and markets just opened about a minute ago and what I have here I've structured it so that we have the ES on the top part of the left side chart and we also have the stock and I've linked it with the yellow so that we can look at both the stock that we are interested in as well as the overall markets at the same time and I think this is a better view of how we want tackle this so this is where we stand and what I want to do is just wait for a few minutes and see how the market shape up at the open of course it was the ES is looking very strong however what is happening is it's moving back a little bit and so the first few minutes are always going to be a little volatile and so I just want to take a pause and just review the situation and come back. I actually think Goldman Sachs is looking pretty good it's up about 3.6 and now that you can see that even the markets are turning around so let's go ahead and take a trade on Goldman Sachs and let's I have something here I'm going to delete that and if you wanted to go on the call side obviously we want to do that today and this this expires today and so what I want to do is go slightly in the money and let's take a look at the 172.5 call let's do a five contract position on that here 1.41 mid price 1.41 so I think I'll take that and let's see if we can get filled I think we should get a better price actually let's see 1.38 we are offering 1.41 so this should get filled let's continue to look at the market watch and I'm looking at the day trades situation here Goldman Sachs looks the most promising however the S&P seems to want to pull back a little that's and that's fine because we know the S&P today is up about 35 points okay there we go we got filled and so we are in on Goldman Sachs and that is on the lower part of the left side chart and also what we have is the ES here we also may want to put the spider there just so that we have an apples to apples comparison in terms of a stock compared to the Goldman Sachs which is a which is a stock also so I have the spider there and let's watch the spiders and let's watch Goldman Sachs and see how things go I'll pause it here and we'll come back okay so as you can see the S&P is moving higher the Goldman Sachs is pulling back a little bit now this is a very small trade we've got only $600 on this trade and actually there was a profit of about $150 which is 25% but you know I didn't take it because I think it can go more especially given that the S&P is punching up so and Goldman Sachs is slowly moving up now so I'm just going to keep the trade open and let's see how best we can deal with this if it goes down to about $200 negative I would want to double down so that would be the risk management and that would be the the plan to come back to come back to profit as quickly as possible but it looks like now Goldman is sinking in with with the S&P as well so let's just keep an eye out on this I'll be back shortly all right folks it's about we are about let's say about 37 minutes into the trade and Goldman is going down the S&P had a good ride up but Goldman did not cooperate through that anyway it's down about 270 so I'm going to double down like we planned like I planned rather and I'm going to double down and bring the cost average down okay so we are in on the double down and let's see what the situation is we're down about 300 but now our cost of the trade is about 980 so let's see how it goes I'm going to hold on to this for a little bit more but won't one of the losses to go more than 400 or 500 hey folks almost an hour into the trade as you can see the S&P as well as Goldman making a very good move so we are up about close to $400 now this has become a $980 trade and so this is almost $400 so you know about 35 40 percent so why not and the signals can change anytime and so I don't want to take that risk 370 I'll take it so I'm going to close this trade and let's get the best price possible that's about 131 that's fine okay 132 we got so I think we are out on the trade and made about 340 on our trade of $980 so about 30 percent on this trade so the signal services is on and this is starting live on Monday as the bit.ly link is bit.ly slash day hyphen signals if you have any questions you can send us an email at info at option tiger.com