 Hello there everyone and welcome. This is Melissa Arma with The Stock Swooshing and Reviewing FDX. This was a really nice gap and actually I called the 150 puts in this which just seemed to slide on down. Uh, in fact, what day did I call that? I called it on. It pretty much went almost immediately. Friday. Yeah, it wasn't even a week ago. It was here. So I called the 150's and then it just slid literally right on down. You could have got out of it here. You could have got out of it here. Um, and it was just one of those ones that just went like that. So those are the nice trades. It's also great to take a trade on the day that I call it and have it go really big, really fast immediately. That can happen too. But sometimes you got to be patient and sometimes actually the patient pays off. In this case, I call this one a bleeder because it was just so weak that it kept going down, down, down and again to have something drop. It didn't quite get $10 for the strike. Let me see where it was. Not quite. Not quite. It was about $8 through the strike. Really nice move and again a profitable trade. So trades are trades. If you can get something to go, you know, a couple of days, 24 to 48 hours, again, something goes the first day and get out of it the first day. But this was a very nice gap and overall FDX is a very nice chart. We did quite a few trades in this day, trades and options actually in the last month or so. Now I'm just looking at this here today, this rally today, but that really rally because of the market. Just look here at the spy. So FDX just went with the market too. So on most days, on most any given days, you will have stocks go with the market. That's why we have to look for selective things. So again, FDX was a selective thing that had a nice drop and is selling off much more than the market in the last few weeks. I don't know if anybody remembers this. The CEO of FDX came out and made statements about saying we were going to go into a global recession. That created a lot of fear and panic in the stock and it had a big gap down and also in the market. But overall, this was a nice solid short move. Again, we did a putt. Okay, we did the 150 puts. And anytime that you're looking to do an option, the most important thing is to get the momentum. So a lot of times people are worried about all kinds of things that could correlate to options. Time value, which is something you have to consider. I'm not saying ignore the time value, but I'm saying if you're looking to get a dollar move in something, $2 move in something, a buck 50, whatever, again depends on your cost, either way, you're looking to get a good move of a mental move. Whether you pay 10 cents more, 10 cents less or 20 cents more or 20 cents less, or whether it takes two days or three days, or even four, if you're going to get a big move, if you're really going to get that, you know, where it comes in and just sells off like a hot cake, which this really did very nicely. It doesn't matter, you know, really necessarily if it goes immediately, whether the cost of the time value disappears each day, if it's really going to go. And if it's not going to go, it's not going to go anyways. Do you know what I mean? So you could save on it if you get out of it quick, but if it doesn't really have a big move quickly, then what does it matter? Because if it fails, it fails. In this case here, this did not fail. It absolutely did work and it did have a big move. Again, this bar just looks like a, it doesn't look like much, but it actually is $8, $9 something. So I mean, you know, it actually is a big bar for the stock here, which paid because the cost was relatively really good for $150 stock to take an option straight in it. So for now, this rally back, trade is over. And again, market rally back to we'll see where we go. We got two more days left in the week and only two more days left in September. And it is crazy to think that we are almost in October and there is three more months left and only in 2022. So have a great night, everyone. If you're interested in the Golden Gap class, the class for October is October 1st and 2nd this weekend. Get in, learn, take the class, be set and ready to go for earning season, which starts in two weeks and I am ready. Have a great night, everyone. If you're interested to have more questions, email me at melissa at thestockswish.com. Have a great day.