 Okay, is everybody ready? We're to a good day. We got the mark in with us. We got a good gap. God knows we deserve an easy day. Target's 22 in the snap. And this is already backed up, so it could back up a little bit more or we could do it right away. I think I'm gonna be aggressive on this just in case it doesn't back up anymore because this is gonna go today. I didn't like go right away. So tonight is Microsoft. Tonight is the first biggie of the biggies. So everyone wants to watch Microsoft running at four o'clock, but market is down today. And I don't know why we sold off yesterday other than the fact that I thought that we would, but we can go over that later. Oh, so happy we have an easy one. Okay, snap. Woo, snappy snap. All right, stop's gonna be 70, 70, 70. Wow, this is going. And just wait, I don't have the entry yet. Just wait, wait, wait. Wait in case it does bounce here. Okay, this is gonna bounce. Let it bounce, let it bounce, let it bounce. Okay, let's do, stop's gonna be 75. Let's do 20 by 75, 20 by 75 snap. That changes, I'll let you know. 20 by 75 is still valid. Okay, let's do 25 by 75, 25 by 75 snap. Go for it, do it, it hit, get in it. 75 is a stop, target's 22, 22, 22 snap. Here you can be any, you can take it right now. This is not too late. Now let me look at the, excuse me, the market. Market isn't gonna go anywhere hard today. I've been saying that every day for the rest of my life, but you're tired of hearing me say it, so what can I do? And the snap stop is 23.75. I guess we could give it over 75 in case it touches 75, but I really don't think it's gonna need it. Let's just move it. Let's move it to 23.80. 23.80 just to keep us in this hope through a bounce, but I don't even think this is really gonna bounce. 23.80, move it to that for snap. And if for some reason this goes all the way up to 24, we'll retake it, but I don't even think it's gonna happen. This is pushing back slightly here, I think, cause I see what the market's doing. This is what I would call, if we were more than three minutes into the open, like a dead cat bounce in here in the gap today. So again, I don't think we're gonna go anywhere higher. Hey, here we just touched 75. Let's see if 80 holds. If we get stopped out, we're gonna retake it. I just maybe we should give it 85. Let's give it 85, just because it almost touched 80. Put it at 85, quick. 23.85 is a stop and snap, and that is it. And if we get taken out there, it's gonna go up to 24 and then we'll reshort it. And if you didn't do it, you could do this again when it hits 25. Really gonna try to stay with this here today, cause I do like it. I'm like, I really, really like it. I think this just backed up here cause the market. So I really don't think either 22 is a crazy target either. So remember, we had a whole discussion about this yesterday. Let's see if anybody remembers. What did we talk about? Does anyone remember what we talked about yesterday that I said was interesting about a lecture that I was doing, which I still didn't get the tape for? Does anyone remember what that topic was? It's pertinent to this trade today. I just want to look and see if there's any econ out. 85 is the new stop in this. Does anyone remember anything I say? Probably not, but I do. July 22nd, it's August and nine days. Where did the summer go? Where is 2020 gone? It's gone to COVID. Jackie got it. We were talking about gap fills. That's right. And how it's the wrong thing to do, but people do them. Like, and actually think that they're doing something to make money, like they actually do them. Which is so crazy. Well, let me just see here. Here we go, snap a rumma. If you didn't do it, you can do it right here. Okay, nothing out at nine, 10 o'clock. 10 o'clock and 1030. We do have a couple of things. Okay, stay with the snap. We're gonna take a look at everything else here. Let's get a preview of the world. Boeing gap down again today. Just gonna leave this be until it does something. Does anyone know when those earnings are? That's really gotta have a big move this week for some of those ones to get going. At least to be up anything meaningful. Just gotta, just, it's gotta break 170, I think at this point. Fall is red. This is gonna fall. Yay, everything's gonna fall today. Now, I'm saying 22, but I mean, once this breaks alone, breaks 23, I guess theoretically we could watch 22.75, 22.50. I guess we have to watch 22.50. So again, gap fills don't work and it's, it was shocking to me to hear that people actually do that as a strategy. I mean, I knew people did, but to hear people talk, like they knew what they were talking about, which they don't, was like almost shocking to me. It was just very interesting to me. And it actually gave me even more conviction in what I do, which was funny because there was no logic in what the people were saying whatsoever at all. So it was kinda like, okay. Oh, tonight is Microsoft. Any questions from anyone about anything? Oh, let's look at our friend for the putters. This looks really good today. Oh my gosh, does this look good today? Would this just go already? This looks like it's just gonna go, boop, fall off a cliff. Be free to do it. We have to look at that. I saw that last night, but I like snaps so that I didn't go back to that. I'll look at that this morning. Oh, this looks good too. All right, this here, no, it's not going anywhere. Snap, snap, snap. Wow, it's so great to have an easy day and a quick day. Now, life is back to normal. Really, we should have done nothing yesterday. Did anybody do Netflix yesterday? Did it a couple of times. We should have done nothing yesterday. It was really hard to do considering we did nothing Monday, it's like. But I thought about that last night. I was like, gosh, when I say there's nothing, I'm never wrong. I'm just never wrong about that because I have to see it in the pre-market. And next time I say there's nothing, somebody say there's nothing or literally. If I don't see it in the pre-market, it's just not there. And it's either going to be an extremely hard day. It's just not worth it. Jackie did Netflix, good for you. I saw that tweet you sent me about to Blasio. I saw that, I saw that. There's a petition for him to resign, I signed it. Wonder if he's ever going to do it. He's so full of himself, he won't resign. He's so narcissistic, thinks everyone loves him and everyone can't stand him. He'll never resign, he's so full of himself. Yes, Jiminy Cricket. Jiminy Crickets, the market's down. One thing that was good last night but the market didn't react positive I'll say is that Trump said the lockdown was to protect the hospitals and that, I mean, he didn't come right out and say we're not going to lockdown again but he pretty much, you know, you could have interpreted what he said that we're not going to lockdown again. I mean, he could have insinuated that. And I thought that was positive but the market didn't react positive. Now he's not going to get schools open, they're not going to open schools. How much do you want to bet? Schools have to plan, it's July 22nd. These schools start to get ready and do teacher conferences and the teachers go back in August and they have no information and the schools don't have the PPP. I mean, the schools aren't ready. How's that going to happen? I'm sure it's not going to happen. And they're never going to open the gyms again which is really annoying too. Snip. What else was I going to say? I got like 55 rolls of toilet paper yesterday, stashed in the closet, ready to go. In case we get locked down again. I don't know how I was able to get more than one pack. I was like a fluke. I ended up ordering like several different brands and then what Amazon doesn't catch it when you do that. Like if I had two packs, two, four packs of like whatever they are, like what's the one with the Care Bears? What's the Care Bears one? That Care Bears commercial, which I absolutely love is hysterical. What's the Care Bear commercial? Charmin, yes. Gosh, that reminds me of the Care Bears. 2287, you could have scaled some off here if you wanted but if you want to hold it, I think it's fine. If I like ordered two things of the same whether it's a four pack, a six pack then they wouldn't let you. So instead I ordered different brands and different size packs. I'm like the system didn't catch it. Yeah, it's it's Charmin, I guess I forgot but they came out with a commercial since COVID that is so Care Bear-ishy. It's just like, I mean, it's actually a good commercial. I've never watched the Care Bears. It was a long time ago. I don't think the Care Bears are out anymore, are they? It's like Strawberry Shortcakes. Did anybody ever play Strawberry Shortcakes? Oh my God, I love those too. They used to have the dolls and you'd scratch them and the dolls smelled like the Strawberry Shortcakes in the blueberry one and the strawberry one. I don't know if they're out anymore either. My assistant, he's got three kids now and he said they were watching a Smurfs movie. I said, wow, I thought the Smurfs were out. I guess the Smurfs are back. I'm like, that's good. But I actually didn't chef today if the butter is back in stock. So I figured maybe I'll do another order. I mean, can't have too much toilet paper. Can't have too much butter. Can't have too much ice cream either except for I've really been good about not eating it. But the longer this goes on, the chances of me not having wine or ice cream or slim to none. I would say it's really gonna take some deep concentration and meditation for me to stay off any of these things. Here we are, we're in the snap. This is great. Dream target in this for the option for those of you that did it, 22, 21. Who knows? It really depends what happens tonight. Because this is in this sector and this could be affected by many, many things in the next 24 to 48 hours, it snaps up a lot. I might get out of everything today in the snap. I'll make that determination later because the reality is that snap will not continue tomorrow if Microsoft is up. So not knowing that it's time to book some profits in some of these options. Some of these options I'm waiting to go. And I'm feeling pretty good about the week. I gotta tell you, the way the market looks right here, the way things are setting up, like I'm less stressed now than I was like, you know, Monday morning or Monday afternoon even because I'm like, you know what? I think this week's gonna end up playing out of my favor even though it was like touch and go for a while there. I have a, here snap. I have a feeling something is gonna bomb. Something meaning what? One of two things is gonna bomb. And when it does, the market's gonna sell off and then all the things are gonna look great. So the bomber could be Microsoft, but I really think the bomber could be Amazon. And the rally that happened two decades ago actually made me think that it's gonna bomber because all of that will be wiped away in a lickety split if it ends up gapping down. Here we go, snap. Here we go, let's watch and see if it breaks 80. If not, then we might get out of it, 947. It might be Amazon. And as crazy as it sounds, that stock for the people that did do the puts and stayed with the puts and didn't get out of it last week, it doesn't even have to go that far for that still to be actually a profitable trade even though it was insane, which is crazy. We'll look at that today. In fact, I'm gonna look it up and tell you really what it would be at. I'm gonna estimate it even though it's like two to three days ahead. You could be out of this right now. I said 75, it went to 22.77. I'm not being a pig, but I'm just trying to squeeze a little more out of this. Let's look at this Amazon right now because I think if we can get it to, you could be out of the snap. It's at 31, okay. At the price it's at right now, around 31.26. At the money right now is worth what? Let's figure this out. At the money, okay. So it needs to be 40, 40, 29, 40. At 29.40 it's gonna be break even I think. Could be 29, 29.30 because again there's time value. So 29.30, 29.40 will be break even. So if this does gap down, it's definitely gonna gap down under that number. Like this wouldn't just fall here. So, I mean, this is insane, but I don't know what this is gonna do. It's either gonna lose or it's gonna win, but anyways, I mean, 29.30 or 29.40 will be break even. Does everyone see that? For the Amazon puts if you're still in it. Here we go, this is it. I'm not gonna be a pig under the low, one more drop down and we're out of the snap. And we could have added. We could have added, we could have been aggressive. I don't think there's any reason for that. Oh, there's UAL, now it's trying to go. Do you want another short today, which I don't. You could short UAL, put the stop at 33.10. I don't really know if it's gonna go anywhere. Actually, this would have been a better answer up here. You could have pulled 70 cents out of it. 32 is the target, this is kinda late. You wanna scalp this down to 32, put the stop at 33.10, UAL. I don't wanna do anything else. Today was too easy. I said the Amazon puts, if you're still in them, will be break even, knock down anymore. And you can watch this number around 29.40, maybe 29.30 again, depending when they get there. So that's not that far away. Like it could even get there today. If we fall into 3000, we're headed there. I don't know. But I'm just saying like if this gaps out in earnings, it'll be well past that. Do you follow what I'm saying? It'll be well past that at 931 on Friday. So do you know what I'm saying? So I know this did not, this is not anticipated. But again, that could fall tonight with this, if this falls. Here's my take on this. Microsoft could gap up. If it doesn't, we're gonna play it long. We're gonna go for it. We're gonna do it all 24 ways till Sunday. Amazon though, could gap down. And then that will take it into Friday, end of the week. One of the reasons why those puts were so expensive is I did them so close to the money. So did anyone see, so Disney World now, you can't walk around and eat food. I mean, my sister, they were gonna go on a trip. Thank God they canceled it. Well, actually it was in June, they weren't open yet. But even if they pushed it back to July or August, like can you imagine? Gosh, I'd be so crazy. It's just, you wanna go to vacation this summer, but then again, you say, gosh, where's there to go? Where can we live like normal people? Now again, I'm just gonna caution everybody here that did the snap puts. When you do something that's, these are dirt, dirt, dirt cheap, again, they really gotta move to make any money. So I mean, just make money in them. Even 30% or 40% is good. When they're so, when they're dirt cheap, like it's really gonna move to get anywhere. Like, you know what I mean? So just, you know, be aware of that. Like if you can make 25, 30 cents on these, like be happy, you know what I mean? Yeah, last push. Oh, that's right, Tesla's tonight. How could I forget? This isn't gonna affect the market. That's why I forgot. Or is this tomorrow morning? Is it tonight or tomorrow morning? No, I don't think it's gonna affect the market. Is this tonight or tomorrow morning? Does anybody know? I'll have to look it up. It's one of the days. Gyro, are you here? I know you don't go into Twitter and you don't follow any of the celebrity gossip, but there was the, Gyro, are you here? You're barely here? Kanye West apparently is feuding with his wife and his mother-in-law and somebody did a picture. It was hilarious. He called Kris Jenner, Kris Young Moon. If you Google it, it'll come up. It's hysterical. It's really hysterical. It's so funny. He called it Kris Young Moon. And so there's a picture of Kim Jong-Yoon, but they made it look like at Kris Jenner. It's just hilarious. Gyro, Tesla's after the market, all right. It's funny. Come on, Snap, 20 more cents. 30 more cents. 2277. Yeah, it's funny. We're waiting for Snap or you got out of it. I don't think it mattered either way. If you wanted to get going, it was fine. If you are still in it, it's fine. Of course I wanted a fast day. Now I've gotta wait probably another half an hour because this is backing up. How else can we talk about? What else do we have to go over? Nice morning, fast morning, easy morning. Happy that this worked. Did anyone do the UAL? If I thought then how it could get any traction going, I'd do it, but it's not the perfect entry. Doesn't have a lot of traction right now. Possibility, I think, past that first target. So why are we pushing back today? Does anybody know? I can't see any reason. This looks weak. This isn't gonna go anywhere either. But that is why we're pushing back in snapper. Yeah, 957. And again, if you get out of this, you could retake it. You could do the exact same setup again if you want. And I didn't add it the first place and I'm not gonna add here, but you could literally, if you got out of it, you could retake it again. I don't like doing that, but you could. Like if you were a psychic and you had a crystal ball, could you have even imagined even like seven months ago or six months ago that what would be 2020? Like now we're supposed to wear masks everywhere we go is for the rest of our lives. Like that's not what I wanna be doing. Like could you even have imagined that? Like it's like that, I mean, it's just ridiculous. 2020 did sound lucky. Apparently it was the opposite. I don't know. Guess it could be lucky in some ways. Years not over, but somebody said that that doctor that's just terrible that was on Fox this morning said something about wearing masks for years. Like are you kidding? You can wear a mask for years. I'm not wearing a mask for years. Give me a break. Yeah, it's like crazy town. That's here I remember the witness protection program and for criminals, they're all getting out free because of COVID and now in New York they have no bail and people aren't even getting arrested. So it's a free for all. Apparently they cleaned up City Hall this morning. I don't know, I have to see if they cover that tonight. The tent city that was down in City Hall in New York apparently they're finally cleaning it up after weeks and weeks and weeks and weeks. Oh, you know what? I didn't even think about it. I bet fashion week is canceled. Here, let me Google it. That's in September. It's gotta be canceled. Everything's canceled. Fashion week 2020. Oh my God, it's not canceled. The CFTA has confirmed it will hold show September 14th to 16th. Joining confirmed the show is shocking, but you know everyone will be in masks. Of course that could change in a dime, but it is only six weeks away. Yeah, well, I don't think we ever had the market against us really. I mean, the way that the setup was here this morning, we gapped down. Like I said, this would be considered like a dead cat bounce. Like we're trying to go when we can and we drop. Market's heavy now. Amazon could fall today. I'm not gonna do KO. That was buff kiss yesterday. If you went after it aggressively, it was fine. And then it looked like it was gonna work and then it didn't. That was annoying. Just we shouldn't have done anything yesterday. And I knew that in the pre-market, but I mean to not trade two days in a row during an earnings season is like the Twilight Zone. But I guess we're living in the Twilight Zone now. So it is what it is. Yeah, did anyone do this? I don't wanna do two things, but 32 was the number it came down. Maybe this gets lower. I just feel like this was a bad entry here, but you could have scouted this to 32. Here was a perfect entry, but we weren't watching it then. Let me look up when Boeing's earnings are. Do you don't need to? Is anyone still in snap? Oh, you know what? That's unmeritory. Those earnings, I forgot to look at that. Let's look. I mean, now, like it is during passion fights into early next year, July 29th in the morning. Yep. So that's something to look forward to next week. We need things to look forward to. Hallmark Christmas movies, good trades. This really is taking forever though. A lot of these things that we've been doing in this price point, they really haven't been moving much, which is odd to me. I mean, because like the ones we did were like the banks. Like they would, you know, they moved a lot more in the past. Like that's odd to me. And I think Goldman's just dead. I mean, I stopped looking at it. This is completely not gonna work out and there's no hope for this this week. Actually, we could have shorted this today. Look at that. We could have shorted this today. Yes, you could take more, but the stop's gotta be the same. We're waiting. Any questions? I've got nothing to talk about. This looks really good though. So the gap options courses tomorrow. Some of you are signed up. I already sent out the password. What else do we have to talk about? Where can I go on a vacation this year in 2020 where I don't have to wear a mask? Cause that's where I wanna be. Where I can go out into the world and breathe the air without a mask on. That's where I wanna live. South Dakota, South Dakota. Yeah. Laura Ingalls Wilder's home in Homestead is there. Oh, I didn't know that. Here we go, snap. That's what I could go for. A good like TV mini series. You know how I'm in the mood for that one that North and South? The one with Patrick Swayze, the original. I would be in the mood for watching that. Good TV mini series. I love that too. That was the beginning of his career. There was a lot of famous people in that. It was a great story. Great books by John Jakes. Well, it was about the Confederacy and the Union. I don't know what people would think, but it was a great story. I should see if I can buy it. I'm sure somehow you can buy it. Okay, we're falling asleep, but this is working. And that's positive. We're about 20 cents off the low. If you got out, you could have gone on with your day 15 minutes ago. Oh, what? Simon says, make things go. I must have missed that. Does it work? There's gonna be more Chinese tensions coming up. Like they closed an embassy in Houston this week or yesterday. That was controversial. Like things are happening that they're not talking about and it's gonna come to a head. June home sales were up because everyone is leaving the cities. Oh my gosh, we're still in this and it looks great. Here we go. Idea what Microsoft does, but in an ideal world, Microsoft gaps up and Amazon gaps down or Microsoft gaps down and Amazon gaps down. In an ideal world, one or both of those things happen. It would not be ideal if the mark, if the Amazon gapped up and Microsoft gapped up for the trades this week. And I don't think it's gonna happen anyways. I think one of them is gonna bomb and I don't know which, but I don't think both of them are gonna be fabulous. Companies are having trouble giving guidance. Where did you get that from? When they report their earnings. Have you been reading the earnings reports? I never do that. End of time. On your phone, okay. All right, this looks great. Once it's dropped through the law, we'll see where it goes, but it looks really good. And again, you know, be wary of your profit taking in the puts in this. It's good to book money and something this week too. So I should have called these for Friday, but here this goes. Okay, let me just check one more thing here. Staying with the snapper. So tonight is Tesla. I don't know what that does it. I'll be interesting to see. Which one are you talking about a 69 cents tracking? Well, I don't know. Which ones did you do? The 22s weren't that. Did you do the 2250s? I think the 2250s were that. I could have called the 2250s. Wow, this is really a snail, but I like it. Wow, do you think we might get this to 22 now? Wow, that would almost be worth it. Holding this. Let's see how this acts here. Let's look at the market. This would almost make it worth sitting here for 45 minutes. In fact, who keeps calling me? Hold on one second, everybody. Just hang on in case this is like the building or something. The phone keeps ringing. Hang on one second.