 Good morning everyone happy Wednesday. It's Wednesday November 15th 2023 And we got a little bit of green coming in not as much as we had earlier this morning after a big update yesterday doubt 56 NASDAQ the strongest up 71 That's some P up 11 kind of right there at that quarter of a percent Morning rookie trader morning trader Jim yesterday was man. It turned out to be a really good day only on three trades just wasn't a lot of opportunities, but Couple continuation runners that really worked out but just Seen real tough to get in and find a good setup with Volume Because of a big pre-market move So hopefully today we get a little better more opportunities in terms of Set up with mighty 90 or volume runners Netflix right after I got off Pushed up for me Hopefully for you as well if you're in it and about 30 seconds here I'll be looking at a reverse iron condor for zero DTE to put on as That's the P futures are right there at about a quarter percent Gap up fireman Steve. Good to have you. Good morning So, you know fireman Steve Go to the day trading chat and discord I Know Steve's new well somewhat new was member before and Is back? so We welcome him back, but yeah, we'll be in the day trading chat channel Morning bumblebee Bell is rung. There we go fireman Steve. Nice job. And then one other Steve one other channel. There's the live chat You get a lot of the zero DTE people that trade those it'll be posting in there Those are kind of the two day trading chat and then zero DTE live chat or two of the main chat channels there were the deal with The day trading strategies, okay, we've got now up 122 Nasdaq up 71 That's some P pushing up a little bit of 14 Fox pushing down now as well Getting some green bars coming in and some reds a little bit of Two-way action here just got filled on my reverse iron condor that I entered The zero DTE stuff Again still paper trading that so We get a second bar here He just sent an alert for the double calendar exit that he put on yesterday and turns out to be a good winner That double calendar if you get to trade alerts in our second bar here. So we'll look for some increased volume Start off next I haven't got a better fill than Steve did on that calendar So looking for a volume bar Bigger than the first and in the same direction That's like getting a little bit of volume here But I'm at about two minutes left Roblox getting a big volume bar looks like it's gonna get a volume runner to the upside As long as that bar keeps pushing up Pretty tight range in Roblox though Intel already has a big volume bar to the upside So we'll have to see if we get a pullback in Intel INTC That's what's got about 30 seconds to get there Intel really pushing up. So no pullback yet in that Roblox and Tesla are gonna be really close. I would say that's probably a yes in Tesla I've definitely played those as volume runners. So see if they can get a little pullback here Today we trade the two days to expiration option chain. So Tesla. I would trade the 240 calls 240 calls Try to get filled at 465 and video really pushing down We're about now. You hear me now So did you guys get in on the Tesla trade some reason my Bluetooth headset? I had issues with it. I was talking to Steve on a zoom call last night and I had to Shut my headset off turn it back on to get it to reconnect. Ah, Tesla coming down now, darn it So I'm in Tesla a volume runner. I got in at 460 on the 240 calls and I got a half at 505 Boeing and Roblox now Roblox pulling back a little bit Netflix looks like it's poised to go higher above this piss thing above this pivot So if Tesla pushes much down below right here, I would bail on it. That's the exit for the volume runner I wish Tesla would be doing what Boeing's doing. That's what what are you doing? I'm just gonna hold it here part of me wants to add back into Tesla. And then if it does push below Then cut it So I'm gonna add to Tesla on the 240 calls build at 415 to add to Tesla so My hope is that it just holds and it starts to push back up. I mean, we're we're a strong market So that's why I added to it. And so I would get out of half at Let's go 470 about 460. That's my original entry was 460 build it 460 To close half, which was my original entry Yeah, Boeing kind of want to get long Netflix here for continuation to the upside Netflix I would trade the 460 calls 480 480 the 460 calls So here's my plan and so if Netflix pushes below this pivot, I'll just I'll just bail on it It's pretty it's pretty early to be doing a continuation to the upside But I'm doing it simply because We've got some strength in the market it had a push up a little bit of a pause. Yeah, I saw Roku It's all over the place big red bar big green bar Real nice push up there though So what made me choose Netflix here is it's got this pivot, which is a key level Okay, and it had a little bit of a pullback on it after a push up So I would close half of it at 530. Yeah in video. I'm not sure what's up with that. I saw AMD was the same way This is this is bleeding lower It's puzzling for a strong market, but yeah AMD is the same way really no signal to get short on it, but We'll see if Nvidia drags Some other stocks down with it. Yeah, it doesn't get filled in Netflix there It's like Roku's gonna get another big bar. I'm not sure which direction it's gonna be but You can see it's getting close to as big as the first already Build at 530 get out of half my Netflix. It's a little push up there Boeing pulling back if we want to get long Boeing. I want a long two It's pretty good setup right there 207.5 calls in Boeing build here Built at 350 to a 7.5 calls filled at 350 Tesla Yeah, Tesla's coming down right to where That's that exit point right there so right there's The exit so I'm hoping it bounces. I'm guessing Nvidia might be pulling everything down here Boeing's come down with it further than I wanted it to So my hope is is that Tesla Bounces he's coming down to yesterday's high. It doesn't bounce there. I'll get rid of it. I Had a good ad and then I got filled on half, but now it's seems like it wants to flush See how it touched yesterday's high So my hope is it's touching the highs and then popping right back up If it doesn't looks like it wants to continue Laura, I'll cut it. I'm Boeing. I need to get a in in order So close half my Boeing at 385 Netflix really hasn't gone anywhere. Yeah, Roku with another big green bar Be it Boeing is the two oh seven point five calls 207.5 calls Considering getting out of Tesla. It's just not it's still staying above yesterday's high But you need to see some we've had we've had Nice push down with some of these stocks. We need to see a little bit of a bounce here Futures kind of pushed up pulled back. How's it gonna push back up? Yes, I mentioned that about Roku out had another big volume bar, but I'm not gonna not gonna get in Roku. It's just Had a big red bar big green bar another big green bar. It's kind of all over the place Okay, so there you go. That's what I'm going to get back up through highs See there a fireman Steve Glad you could bounce in today Netflix. Yeah, it's just So I want to stay above that pivot see what Costco did here You know push up and staying above the pivot and then looks like I might want to push up It's kind of what I was looking for in Netflix That's still trying to come back up And Roku with another big bar. She's Need Boeing to push up here a little bit. So Tesla coming back Netflix Don't you go down below that pivot? Looks like it's going to So Netflix Getting out of half it wants to go below the pivot Let's see if it's just dipping its toe down there if it's doing it for real I close my Netflix built at 390. Oh god a half, but then it didn't hold Boeing is holding so far given a little three bar pullback. I like that because it You know, that's kind of we looking for for a continuation runner It wouldn't surprise me if Netflix pops back up But I was just following the rules. Yeah, I mean It's coming back down. So I don't know You just always want to follow the rules. That's just the way it is. It's just Sometimes it ends up being More times than not it ends up working for you if you just follow rules Target, I failed to mention target of 17% after Announcing earnings before the market opened about that So getting some pretty muted price movement again Now that after the initial push Really haven't had a good mighty 90 near Airbnb kind of shaping up volume wise. Look at square. Yeah, that's what I wanted Netflix to do what square is doing Netflix didn't want didn't want to play fair So Tesla trying to push back up. It was a good ad in Tesla when it came down to yesterday's high You know, I didn't I didn't chicken out because it barely went down below that price point of the second green bar And I didn't check it out and close it there That's why I got an order to close another one at 510 close a quarter Boeing Yes, president get filled them half of Boeing there on that nice push up Metta had a little mighty 90 like to see a little more volume pop there, but half my Boeing here, man You can see when it's got a tight range man. It's hard to get It's hard to get profits. I need to blow through that pivot just so doesn't get pushed back down to the pivot Build it 385 Boeing close-off Looks like it's Try to get through that pivot there. I'm only seeing it much Opera many other opportunities again Yeah, it's good out in Netflix. You can see why you follow rules So Tesla though, it's you know, it's come up to yesterday's hot Or I'm sorry, it's come up to highs of day where it got rejected last time. So I'm hoping it doesn't get rejected here I'm hoping it goes through highs of day There you go Boeing Boeing is going Yeah, I saw that meta It kind of already popped up though Yeah, if it pushes down like one more time, I might consider that mighty 90 there. I'll close another Boeing at 420 Yeah, Airbnb. I saw that but it it had already popped up like up to here So, you know, if you're gonna do that Airbnb you want to get filled down here Kid Boeing at a kid Tesla filled at 540 to close another Tesla filled at 420 Close another Boeing. Yes. So meta Mighty 90 there. Look at meta here 332.5 calls 332.5 calls Fill it 380 in meta Airbnb Mighty 90 would have been sweet if you could have gotten in down there, but you would have had to probably Be real quick on it. I would close half my meta at 420 let's call out bumblebee on meta So I wanted to see if it could come back down to yesterday's low and then hopefully bounce from there Come on Boeing. What are you doing? Tesla, what are you doing? Get back up to highs Yeah, build it 420 to close half my meta So we're looking for two consecutive green bars in meta video trying to recover so Tesla see how Tesla got rejected once and now it's getting rejected again. I Certainly don't want to see it go all the way back down. We'd rather just Book my profits and cut it if it's gonna go all the way back down So just things to look at, you know, use these key levels. It's like popped up got pushed down pop back up Oh getting pushed back down. I'm gonna give it to the close of this bar and then see where we're at You can see Netflix was definitely a good out when I went below that pivot and Roku. I Can't one of my volume runners do that All right And look at meta coming down now. So still a bit of a A bit of odd price movement here or strong market Boeing looks like it wants to Stay above that pivot Roblox It's another one that Had an upside volume runner. It looks like it's gonna get another big bar. I do pop it up Yeah, so my meta we're looking for two consecutive green bars Got a half on this nice push up So we'll see if it can produce a nice push up on this second green bar so I can exit Although, you know in a strong market, sometimes I keep mighty 90s on I keep a few contracts on If it's really pushing up here for us, I've got an order at 460 to close another one So we'll see what it does here got a Also have an order in at 460 to close another Boeing going coming up to this pivot. I'll have to watch that filled at 460 Close another Boeing two Boeing's left you go meta. That's certainly what I'm talking about there Yeah, you know Roku had Yeah, as I had much read in it at all, you know meta It could be setting up for a downside continuation runner, so I got to be careful here make sure Don't want to exit at all or do I I want to keep a couple contracts on You know the thing is it's like we have a strong market, right? and all the indices in the green and You're long so most of the time I would say yeah, I want to keep a couple on because may just rebound all the way up But it's just really struggling to get any Traction to the upside Roblox just like Roku man. It's just a mission. Neither one of them really gave a I guess you could have maybe got Long Roblox on this Fourth bar, which is a red one thing is you know, it's just gotten so small a lot of times You can see the range is really tight They're like tight range. So it's hard to make profits when it's such a tight range sometimes See look at Amazon Amazon came down had a little little pop up and now it's rolled back over. That's what I'm fearing with meta So we will see here. It may just depend on how it finishes here It's got one minute left If it can finish strong it may continue upward Square set enough to be upside continuation push up a little three bar pullback. I'm gonna get out of another meta here filled at 445 To close another meta quarter. So that leaves me with three contracts Left so I Am going to risk it If you look at Amazon, it's pushing down at loads of day I'm going to risk it and see if meta can push back up I'm gonna leave these three on I've got Tesla below meta So I can watch them both. I'm gonna give it the first minute here. See what it does in Tesla break through Highs that is the question if you would like to close out your meta. I don't blame you It's got it definitely has met our rules of two consecutive green bars. Just getting a little greedy today It's a strong market. So I will exit if it pushes through this pivot As long as it stays above the pivot, I'm gonna see if they can get some more run to the upside. I've got a order in it 590 To get out of another Tesla and Roku What is going on? DK and G man, it's been strong too. It's I Do I bought some DK and G shocks shocks stocks shares when it was really low I can't remember when I did it, but they were like 10 or $12 per share now. It's up to like 37 I was like sports betting. Yeah, it's not going anywhere. He personally never been good at it Okay, so Metas holding above the pivot And Airbnb Pushing up so far so good on meta. I'll get out of another meta at 485 almost 930 so don't think I'm gonna get a Into any more trades. I'm just gonna scale out of these here or find a good exit points So I definitely have a another nice green day here. I'm gonna go ahead and get out of another meta here Hopefully it's hit at 485 if it doesn't I'm gonna Build 485 So say I was gonna adjust That two metas left So a little risky a little risky on that mighty 90 hole But you can see why I do it sometimes I do it when it's a strong market and I had gotten long after a big push down Boeing pushing up to that pivot and see if it can get through it. I got two bowings left I'm gonna go ahead and get out of another Gonna go ahead and get out of another. I don't know. It's right. It's kind of right where I got filled before meta I thought I could get out of a little bit more and see here's where it's like, okay You got a tight range. So I thought I'd be a little bit. I Got out my last last one. I got out at 485 Still pushed up a little bit just because it's such a tight range. It's not giving me much Oh, yeah, yeah, Allison. So I think I'm just gonna go ahead and close my meta See how it's coming down now I'm already living on Bonus time here filled at 455 only had two contracts left. So I got a little bit out of it Tesla Yeah, oh so Tesla has a mighty 90 short. I'm gonna go ahead and get out of my Tesla Yeah, I see that I would have gotten out of it if I would have noticed that sooner Build at 535 get out of my Tesla. I have a feeling it's you know, it's gonna get another red bar I only have two bowings left. So I think I'm just gonna go ahead and close it out as well It's coming down a little bit This might be where we Start seeing the pullback Build at 430 I am out of everything. So hey, good day Let's see. It's take a look at the live stream calendar And it looks like I leave tomorrow My 13 year old it's pretty damn good football player He plays football this weekend in Knoxville, Tennessee in a big national tournament. So I will not be back until Tuesday the 21st So looks like no live stream tomorrow Really the rest of the week in the morning and then with Steve has power hour for those of you that do power hour tomorrow so I Will see everybody back here on November 21st Get y'all later