 What's up trade hackers happy Thursday, January 9th another day another March higher in stocks looking at the SPX ES was up about 15 and a half points market just closed a little bit ago about 15 minutes ago SPX weekly expected move we are right at that upper end if you remember I was talking about we have not closed Outside the expected move in over 20 some I can't remember exactly 26 weeks Maybe we had times when it went out and then but it came back and closed back inside We are right here at the top now So do we close outside or do we reverse back down into the within the expected move? Well, you will see tomorrow one more trading day So what did we do today a couple of adjustments one in that gas Rolled a position in QQQ and then we made some closing trades one of our excuse me one closing trade in Shopify So we booked a small profit on one of our Shopify Iron ducks. We've also got a reverse iron duck in Shopify And price is continuing higher in Shopify here. Let me get this chart. There we go Continues higher. So we're we're actually right on the breakeven point of our Of our reverse iron duck so right in this area here And so if it just reverses a little bit we'll hit that duck right in the head for max profit If it goes higher, we may have to bail out and take a little loss on that one So we'll see what happens tomorrow in Shopify some of the others Roku We've got a an iron duck on this one expires tomorrow. So assuming price stays right here In this range here, we'll collect max profit on that one. So nice trade there And then another one that expires tomorrow is rut. So we've got this weekly double calendar on prices hanging out Right here And so as long as price stays in this big Wide range here, we'll book a profit. Hopefully more towards the middle than not But we'll see what happens in rut and then spx. We've also got an iron duck On this one price is obviously run higher And so there's very little chance of getting back to our max profit area And so we tried to just bail on this one and get out for more than beak profit didn't get filled So we're just going to go ahead and let this one expire Remember spx is a european style option. So you don't have to worry about assignment or anything like that So we'll just let this one expire and book that beak profit So small smaller profits when when that happens when we get this massive grind higher But still profitable nonetheless What else is going on here a couple things I wanted to point out one is we talked about beyond meat You know their competitor impossible came out and Said that they were going to come out with a fake pork product and that allowed Beyond meat to shoot up and then it took a little breather yesterday But now up another 10 percent today. So Beyond meat is on the move So you can see it was uh, like I said up Two days ago took a breather yesterday and now back to the upside So part of it that's not just due to the announcement of the whole pork thing It actually has to do with the fact that Impossible which is still a privately held company. They they can't keep up with the demand They can't keep up with the production that would be needed to go into like a mcdonald's or some of these other Massive chains and so it looks like beyond meat is going to benefit from that And so we'll see what happens. Uh, we're we're going to look to potentially throw on a Reverse iron duck or or some type of strategy in this tomorrow. We'll see where prices end up. But big mover there Tesla's even with the market up today. Tesla is taking a little bit of a breather So tesla down a couple percent you can see it's been on this massive run Today just down a little bit. So taking a little bit of a breather if we get a little bit further pullback I would be a buyer here to see if we can get some continuation to the upside And so that's what's going on in tesla And let's see snapchat up 4% don't trade that too much just because it's such a low price stock But up over 4% nonetheless and that's down off the highs. It was up almost to 18 bucks Uh, but it's come back a little bit now It's the rh up a few percent. Let's see if there's anything else we really care about here that I want to mention I don't think so Everything else pretty muted under a percent or so alibaba is up almost two percent AMD apple a little over two percent Apple's up over two percent Remember, we've got some of those bank stock earnings next week. So hopefully that'll create a little bit of volatility Everybody have a great weekend. I will be sending out the weekly update of all our current positions to pro members tomorrow So that only goes to pro members But we'll see everybody else in the community and talk to you next week. Have a great one Thank you