 Hello everyone. Welcome to Options with Doug. Streaming live daily on Bookmap Discord and the Bookmap YouTube channel at 1.30 p.m. Eastern Time. Before I get started, I need to go through the Disclosures. General disclosure, all Bookmap limited materials, information, and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Risk disclosure, trading futures, equities, and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Here's my contact information. If you have any questions after the webinar, please, the best way to get in touch with me is Discord. My name and Discord is Doug P. And you can also post questions and comments in Bookmap Discord and the Options-Doug Chat channel and Discord. And I'm also on X, formerly known as Twitter. And my name on that platform is at Doug Plus. The focus of my presentation and the focus of the Options-Doug Chat channel and Discord is options, order flow, the impact of options markets on stocks and futures, and the influence of market maker hedging flow on price action. I have a two-step process for trading and the first is planning. And I use positional analysis. I look at how traders and market makers are positioned to the options market and how those positions change from day to day to develop a thesis regarding the expected training range and volatility for the day as well as a directional bias. And the second step of my process is execution. And I look at real-time order flow in Bookmap and real-time market maker hedging flow in SpotGamma Hero to confirm my thesis and for setups. And when I talk about setups, I will be talking about an underlying asset. And setups can be taken with futures, shares of stock, or options. Questions and comments are welcome. And I will be watching both the Options-Doug Chat channel and Discord, as well as the chat and YouTube for your questions and comments. So please feel free to post. And again, if you have questions after the webinar, take up my, again, the best way to contact me is Doug P. on Discord. My agenda for today, what I want to talk about is news items, economic data, and events, and earnings for the week. Then I'll go through my positional analysis. Then I'll review a few setups from this morning, and then we'll take a look at the live market. And if anyone has any stocks they want me to take a look at when I get to the live market, please let me know and I'll be glad to do that. All right, so news items this week. There's a lot of minor economic data, a few Fed speakers during the week. So tomorrow at 10 a.m., there's home sales and other data at 10 a.m. Eastern time. And then on Wednesday, there's PMI data that comes out at 9.45 a.m. Eastern time and 10 a.m. Home sales. The big event for tomorrow, I think, is the, for Wednesday, is NVIDIA reports earnings after the market closes. And Spot Gamma is showing the expected move for NVIDIA plus or minus 9.5%. So that's the expected move for Wednesday for NVIDIA. And then Thursday, durable goods orders at 8.30 a.m. Eastern time. That's more of a higher impact data release. And then, of course, the central bank Jackson Hole symposium begins on Thursday. And then that symposium continues on Friday and Jerome Powell will be speaking at 10 a.m. on Friday. So the events start to wind up on Wednesday with NVIDIA earnings, then durable goods on Thursday, and then Jackson Hole symposium with Jerome Powell speaking at 10 a.m., also Michigan Consumer sentiment is out at 10 a.m. on Friday. So that's how the week is setting up. Excuse me, a little kind of a slow start to the week again and big events beginning Wednesday afternoon. All right, so that is the news items for the week. Now let's get to positional analysis. I'm going to start with the S&P 500. This is the S&P 500 futures, ES futures and book map. And before I take a closer look at this chart, I'm going to take a look at a larger timeframe. So I'm going to take a look at SPX in a 30 day one hour chart. And I know this is the price action is kind of scrunched down toward the bottom of the screen. And the reason for that is the SPX call wall. This may be in an anomaly, but the SPX call wall has moved up from 4600 to 5000. So I'm showing all the spot gamma key daily levels on this chart. And I'll take a closer look at the levels for today in a one day chart in just a moment. But I want to show this chart with all of the all the levels. I'm going to zoom in just a little bit. Again, keeping all the levels. So let me point out the key levels on this chart. First of all, the lower and upper weekly expected move that's shown with the dash purple lines. And note that is thorough weekly expected move is right around 4300. And that is the put wall spot gamma put wall more about that in just a moment. So that is the lower and upper weekly expected move. And then here is the lower and upper daily expected move shown with the dash blue lines. And so far SPX is trading in between both the lower and upper daily and weekly expected move. All right, let me get to spot gamma levels now. So first of all, again, here's the put wall 4300. These are all proprietary spot gamma levels shown with the dashed solid red lines. First of all, the put wall. That's the strike with the largest net negative gamma that can be expected to act as support. That level did move lower from Friday. So starting last Thursday, that level has moved from 4400 to 4350 and now 4300 today. So that is bearish. I interpret that as bearish. And that is just moving that potential floor for price lower. So that is again the strike with the largest net negative gamma can be expected to act as support. And the next level up is the 4400 level. That's right here. And that is the volatility trigger as well as the absolute gamma strike. Those levels have not moved. Volatility trigger is spot gammas proprietary gamma flip level below that level. Market makers position on the gamma curve is negative in a negative gamma environment. Market makers have to trade with price to hedge their delta exposure and that tends to enhance or increase volatility. And then 4400 is also the absolute gamma strike. That's the strike with the largest absolute positive and negative gamma. And then finally, as I mentioned before, the call wall again, this may be an anomaly moved up from 4600 to 5000. So it's definitely not in play and not something that I that I consider my positional analysis. All right, let's take a look at a shorter time frame again, just to get a sense for the levels that are in play for today. And really not many gamma levels in play for today. There's this combo two level below that combines SPX and spike gamma into one level at the SPX 4348 level. And then there's the 4400 volatility trigger just above. 4400 is the if price continues higher, that is the potential target. All right, let's go back to book map. And then there's also the upper daily expected move up at 4405. All right, back to book map. And there are in this price range, really no gamma levels, just round number levels that are in play. So here's the 4400 level. That is SPX 4400. And then there's the spy 435 level below. And these are shown in my own cloud notes. Note there is a difference in price between ES and SPX. And I I'm using 13 points today. So the 4400 SPX 4400 level is shown at ES 4413. So that is ES minus SPX equals 13 points today. All right, so those are the levels in play. Again, mainly spy round number levels shown here and then also ES round number levels. There's the 4400. All right, shifts and levels for the S&B 500. I mentioned the put wall for SPX shifted lower. So again, shifted lower from Thursday to Friday to today down to the 4300 level. And I interpret that as bearish that moving that potential four for price lower. And for spy, the volatility trigger did shift slightly lower from 445 to 443. All right, so those are the levels in play for the S&B 500. Let's take a look at NASDAQ now. So here's NASDAQ futures in BookMem. Let's take a look at gamma levels for first of all for QQQ. Also round number levels. So for QQQ, here is the, let me zoom in on this chart. This is a one day one minute chart. There's the 360 level. That is the absolute gamma strike for QQQ. And then showing the round numbers in play. And it looks like NASDAQ is heading up to its upper daily expected move. Let's take a look at an NDX chart. So note that NDX is trading above its call wall. Also above its volatility trigger. All right, so that's NDX. All right, let's go back to BookMap. And really the key support for today has been the NQ 14800. And I've highlighted that. Here acting as support three times today. All right, shifts and levels for NASDAQ. First of all for NDX, all the key daily levels shifted lower. Volatility trigger, put wall, call wall, and absolute gamma strike all shifted lower. And then for QQQ, the put wall also shifted lower from 356 to 350. So the put wall shifted lower for SPX, NDX, and QQQ. And then for spy, the put wall actually shifted lower on Friday. So then the other indices follow today. And we'll talk about setups in a few minutes. All right, so I've talked about levels and play for today. Primarily round number levels. And let's take a look at gamma notional now. This is market makers position on the gamma curve at the beginning of the day. This is for SPX, spy, NDX, and QQQ. Note these numbers are still quite negative for SPX, spy, and QQQ. Although they became less negative today versus Friday. So less negative gamma notional. This is market makers position on the gamma curve at the beginning of the day. So this means that in this position, traders are long puts, market makers are short puts, and they have to sell futures as price decreases and apply volatility increases to hedge their delta exposure. And then on the other hand, if price increases and implied volatility drops, market makers can buy back short futures. And that is a put-fanner rally, and that can fuel a sharp rally higher. And that seemed to begin on Friday with Friday's expiration, a put-dominated expiration. A lot of puts expired, and market makers could buy back their short futures. And that right now that appears to be continuing after a nice move lower this morning and then a reversal higher right around noon. And we'll take a closer look at that in just a minute. Right, so let's take a look at a graphical representation of that. So this is the Vana model. This is for SPX. This chart is showing market makers delta notional and how that changes with changes in price. Again, for SPX, there are two curves on this chart. The light gray curve is showing how market makers delta notional changes with changes in price only. And then the purple curve is showing how market makers delta notional changes with changes in price and applied volatility. And that change in delta with the change in applied volatility is the Vana effect. Vana is a second order Greek. So what the chart is showing is as price decreases, market makers delta notional will increase. They want to remain delta neutral. So they will have to sell futures to hedge their delta exposure. And that was in play this morning. And then what's in play right now is as price increases and apply volatility decreases, market makers can buy back their short futures. So in both cases, they're trading with price and that tends to enhance or increase volatility and make for wider moves, bigger moves. All right, let's see where SPX is trading right now. So I've got SPX right around 43.89. Way up here. So it looks like so right somewhere around here right where these two lines cross. It looks like this put Vana fuel for SPX. Let me just let's take a look and again see where the lower the day was lower the day around 43.60. So right around here. So has SPX is rallied. We'll take a look at VIX in just a moment. Let's go ahead and do that now. Let's go back to SPX chart. So this was just before noon, this reversal higher. Let's take a look at VIX. And I'm showing showing two days of VIX for a reason. So here's VIX right around that same time that SPX starts to move higher. So prices moving higher implied volatility drops. Market makers can buy back short futures. And this is what happened on Friday. This is VIX for Friday. After a little bit of chop in the morning, VIX broke down below this range, implied volatility dropped, price increased, and market those puts were expiring. Market makers could buy back short futures. And that is after some chop this morning and a move lower. Now that appears to be continuing with all this negative gamma, market makers can buy back short futures as price increases and implied volatility drops. And again tending to enhance or increase volatility, making for larger moves. So this shape of the curve with a strong skew to the left is very typical of a negative gamma environment. Let's just take a quick look at SPI. Very similar curve and QQQ as well. All right, so VANA model, VANA curves are very typical of a negative gamma environment. And although gamma notional did become less negative from Friday, it's still very, very negative. At over 2 billion negative for SPI, that is very negative. All right, so my thesis for the day was really, first of all, looking for higher volatility. And then directional bias, really depending on whether this put VANA rally would continue or not. Just based on the shifts in levels lower, my thesis for the day was bearish. All right, so let's take a look at some setups. Now I'm going to start with the SP500. This chart is the hero chart, hedging impact real time options. This is available to spot gamma subscribers. This chart is showing price for SPX with a white line. And then this is the hero signal, hedging impact real time options for a combined signal for SPX, SPI, XSP, and ES futures. And if you trade any form of the SP500, this is the signal that you want to take a look at. Combining all of these, so if you trade ES futures, SPI shares, SPI options, SPX options, I really prefer to look at this total signal. All right, let's zoom in on this now and talk about a few setups just based on order flow and hedging flow. So I'm zooming in on the morning session and I'm showing this is the right here. This is the cash open 9 30 a.m. Eastern time. Excuse me. So what I saw this morning was this divergence starting to develop a slight move lower in hero, then the sharp drop. So right around here, just before 10 10 maybe 10 0 9 was a good point for a short entry based on this divergence as well as order flow. Let's go back to so we'll go back to the S&P 500 and look at the clues in book map for a short setup this morning. All right, so we know that traders started taking negative delta positions, let's say around 10 a.m. And before that, large traders were selling the move up with iceberg orders that shown by that falling light blue line, not large size, but still trading with iceberg orders. Actually, this one appears to be obscured by the green dot, but there's that may be a little bit larger iceberg orders there. So I'm showing the sub chart indicator as well as the on chart indicator. So large traders continue to sell the move higher with iceberg orders. And note that there's also some liquidity higher liquidity in the order book right around 4409 10 shown there just above the spy 439 level. And then finally there's a looks like a stop run right up to this level and a lot of aggressive buyers that shown by the green volume dots and then aggressive sellers start to come in. So you can very clearly see the shift in the volume dots. Those are market buy minus sell. So aggressive buyers right up to the 09 level and then aggressive sellers start to come in and a very clear distinction between the aggressive buyers, the green volume dots and the aggressive sellers with the pink volume dots. So the clues we know that larger traders were selling the move up with iceberg orders they used to hide their size. Also options traders started taking negative delta positions and then aggressive sellers started to come in. Clearly shown in the order flow there and then as price started moving lower, there were some sell stop orders that helped to fuel the move lower. Not great size and order flow continued to be bearish until around 1145 12 o'clock. Oops sorry about that. And note again large traders with iceberg orders and this is pretty typical. All right Hector 80 says not live very delayed. Sorry I'm not sure what you're looking at. I'm watching YouTube as well and it's probably delayed. It's got to be delayed a few seconds but not I would not call that very delayed. So I see price trading just below 4400 and I see that on YouTube right now. So there there are a few seconds delay so yes it is live. Okay all right so we got that straightened out. All right so this is pretty typical behavior of larger traders. They are selling strength and buying weakness and that is very evident with these iceberg orders here. Note the rising light blue line that is a cumulative or some of the iceberg orders today and as price was dropping large traders were buying with iceberg orders. Not large size again as price approached this spy 435 level and then aggressive buyers start to come in and you can see the shift from magenta dots, volume dots to green volume dots. Note also the sharp increase in cumulative volume delta and then as price starts to move higher sell stops or buy stops shown by the rising yellow line help to fuel the move higher. Let's go back and take a look at a hero. So order flow very easy read today. Volume dots, iceberg orders, stop orders, doing everything they typically do. So let's go take a look at go back to hero now. So this is where the picture becomes a little bit more murky is what options traders are doing so they're not supporting the move higher. So essentially they just stopped really stop with the negative delta positions maybe taking slightly positive delta positions but this initial move lower that was fueled by helped to fuel by negative delta options positions was not that did not happen on the on the move higher. Let's just see what options traders are doing as far as puts and calls go. So they are buying puts today and there's a huge difference in the notional value here for puts shown by the falling blue line notional value minus 2.59 billion versus positive 85 million shown by the orange line for calls. Orange line for calls, blue line for puts, put buyers much more aggressive than call buyers and so far in the morning put buyers definitely had their way and now it looks like just the aggressive buyers as well as the large traders with iceberg orders are helping to fuel the move higher. And so the Zari said Nvidia been doing well today. I will take a look at Nvidia. I think there was an upgrade this morning and remember again Nvidia reports earnings Wednesday after the close. Alright so that was the setup in in the S&B 500 this morning the short setup very easy read confirmed by hedging flow and as well as order flow. Alright let's take a look at NASDAQ. I'm going to zoom in so this is a combined signal just like the S&B 500 this is combining NDX and QQQ, NDX and QQQ options trades into one signal. Let's zoom in on the morning. So this is a very clear divergence setup very nice just about 10 minutes after the open options traders start taking negative delta positions and then price reverses lower. So let's go take a look at order flow in NQQ for additional clues. Alright so Kenomoto asked are you using hello are you using combined signal for S&B 500 options flow right? Yes I used the combined signal SPX, SPY, XSP and ES and of course SpotGamma provides separate signals for all those instruments. They all have an influence on ES so I just look at the combined signal. Alright so NASDAQ very nice short divergence setup. Let's go take a look at NASDAQ now. I'm going to zoom in on this. Alright so the Monday morning dip buyers were definitely in play at the first 30 minutes Monday morning opening and the options traders especially for NASDAQ were definitely fading this move higher after about 10 minutes. Remember they started there was a very clear divergence in hero options traders taking negative delta positions and there's also a very clear shift in order flow just like the S&B 500. Aggressive buyers on the way up also fueled by stop orders that show by the rising yellow line by stop orders fueling the move higher and note also that large traders were selling selling the strength with iceberg orders shown by the falling light blue line iceberg orders negative iceberg orders here here here shown by the on-chart indicator and price moves lower again as options traders were taking negative delta positions large traders selling with iceberg orders and aggressive sellers start to come in and move price down from above 900 down to below 800 so a nice 100-point move in NASDAQ and this is you can expect that type of move in a negative gamma environment and note all the way down sell stop orders shown by the yellow line help to fuel the move lower as well as aggressive sellers and once again large traders fading the move buying weakness with iceberg orders shown by the rising light blue line all right so those are the setups that I saw this morning in NASDAQ and now let's take a look and see we know that options traders not really supporting the S&B 500 move higher they stop taking negative delta positions is really about the best you can say when we looked at it just a few minutes ago let's go take a look at hero for NASDAQ and pretty much the same thing so options traders taking negative delta positions they stop start taking slightly start taking positive delta positions and then that levels off and price continues higher so I thought the the both the bearish setups in S&B 500 and NASDAQ were easier to read today supported by both hedging flow and order flow right let's take a look at some stocks and the first one and one I want to take a look at is NVIDIA big move today and there was a I believe an upgrade this morning and again remember NVIDIA reports earnings Wednesday after the close so here's NVIDIA hero signal traders buying calls today and they're also buying puts buying calls shown by the rising orange line positive notional value just under 400 million they're also buying puts shown by the falling blue line looks like that activity really pretty much leveled off right around 1130 and price resumed the move higher notion of value for puts minus 165 million so this move higher in the morning was fueled by call buyers and then when craters stopped buying puts right around 1115 and 1130 price moved higher continued to move higher let's go take a look at book map let's go to NVIDIA huge move higher in NVIDIA and here's that deep pullback to 450 and now NVIDIA made a straight line up to 460 targets in for stocks typically very clear especially for a stock like NVIDIA liquidity comes into the order book right at the cash open typically especially higher liquidity that's shown by the heat map in book map at the zeros and the fives and as price moves up these are sell orders these are limit sell orders traders again large traders or a lot of traders put these orders in at the cash open it acts as magnet for price and they stay in the order book typically until they're filled alright so there's NVIDIA strong move higher up from around 443 almost to 463 it looks like 465 is the next target so after the open 20 point move higher I'm not sure how and how much NVIDIA gapped up I think it did so well let's see I only have data starting at at 4 a.m. so I'm not sure how much it gapped up but big move higher and NVIDIA before the earnings right the next is Tesla so another big move higher at the open and it looks like in the first 30 minutes of trade NVIDIA and Tesla were definitely driving the indices higher all right let's take a look at go back to hero the total signal we'll take a look at Tesla similar story call call buyers so in the case of Tesla both the numbers are positive so traders are buying calls and they're selling puts and the put number is is pretty flat so they're not really doing much with puts that's a positive 364 K versus call buyers 288 million both positive so they're selling puts and buying calls now the put number shifted to negative so really that's that's flat not significant so the call buyers and you can just see right here at the open the very strong correlation between call buyers and price action in Tesla and the way that works when traders buy calls market makers sell the calls and they have to buy stock to hedge their delta exposure back take a look at book map and price levels off drops down a little bit as options traders take a break they take the foot off the gas and then around 12 o'clock 1150 12 o'clock they step on the gas again and price moves higher let's go take a look at book map so there's the initial move higher aggressive buyers in here in Tesla as well you can see the just all the green volume dots didn't quite make the 230 liquidity target now price is heading back up toward that level and then there's the the deeper pullback to 225 as traders options traders take their foot off the gas and then when they step on the gas again price starts to move higher and this is really a nice confluence when you see aggressive buyers rising cumulative volume delta as well as traders buying calls that's definitely a nice confluence for a long setup all right I had one other so these are really the stocks of the days for a day as far as I'm concerned the the stocks that I trade the large tapped set attack magnificent seven these were the Nvidia and Tesla stocks of the day take a look at one other Microsoft let's go take a look at hero or Microsoft so Microsoft long short long strong correlation between hedging flow and price action in the morning confirmation long confirmation short what I mean by confirmation is the very strong correlation between hedging flow and price action typically in stocks this is more of a typical behavior a very again strong correlation traders buy calls market makers respond pretty quickly by selling calls and buying stock the divergences that I like to look for appear more often in S&P 500 and Nasdaq in the index products let's go take a look at book map so there's Microsoft you know of course not nearly the move in Microsoft as as I just showed and video in Tesla but still it looks like a lot of aggressive buyers coming in here you can see all the the dominance of the green dots the aggressive buyers market buy orders all right so those are three stocks and if anyone bought an Nvidia call this morning they're probably doing pretty well same for Tesla all right let's take a look at the live market if anyone has any stocks they want me to take a look at please let me know all right so here's ES ES futures and price approaching the previous high of the day just after 10 a.m. just below the spy 439 level looks like iceberg orders have been on net slightly selling this move higher this is why I like to look at the this is why I like to look at the cumulative or some value in the sub chart and Ben ask are you taking any Nvidia positions for ER I assume you mean earnings and no I typically don't trade earnings for I typically just day trade most stocks that's what I'm talking about here and then for the SME 500 I take longer term options positions selling premium so that those are my primary strategies in in my trading accounts all right so large traders at you know at least you could say they have not they they've stopped buying and the move higher still fueled by aggressive buyers shown by the rising kilmative volume Delta dark blue line let's go back and take a look at hero and see what options traders are doing the SP 500 so still not supporting the move higher and Ben regarding your question about Nvidia I would recommend to anyone if you do want to take an earnings position in Nvidia I would make it defined risk and video can move quite a bit after earnings so I would definitely not sell a strangle for example in Nvidia definitely make it defined risk all right so that's to be 500 moving up toward the high of the day let's take a look at NASDAQ and getting a little bit of support from options traders now all right let's go take a look at book map go to NASDAQ all right almost at the upper daily expected move move higher fueled by aggressive buyers and sell stop orders shown by the dark view blue and rising yellow lines in the sub chart and then option large traders fading the move with iceberg orders they use to hide their size so Truman says if hero not supporting the move higher I'm going to stay out of the way of all the Nvidia FOMO buyers so I that I that's the way I feel I like to see first of all I want to understand who is driving price what players are driving price whether it's options traders large traders with iceberg orders smaller traders with stop orders aggressive buyers aggressive sellers so again I thought the the reads were easy this morning for the SB 500 NASDAQ and NASDAQ with a strong confluence of order flow and hedging flow and that's that's what I like to see and then we also showed that in some stocks with aggressive buyers and options traders both being on the same side and Ben says of course that thank you you're welcome not trying to chase most likely will stick to trading futures and that that's pretty much what I'm doing you know again of course if you were you know trading stocks Nvidia and Tesla definitely the trades of the day so Truman says that is a good idea now I need the MBO package more money more money yeah it is this is a business it's expensive there are cost associated with with the business of trading I think for futures traders the stops and iceberg orders included with the MBO package are extremely valuable data and again what I'm trying to do is figure out what and who are driving price and get get behind them so that's what I'm looking for trying to figure that out so in this case for for NASDAQ clearly aggressive buyers and buy stop orders let's go back to yes and so far for me typically the SME 500 is the easiest greed order flow hedging flow let's go back and take a look at hero so there's NASDAQ so for the SB 500 options traders start have stop taking negative delta positions and now really started taking negative delta positions again so we'll keep an eye on price Kenomoto has kind of a complicated question here all right I I will have to I'll have to look at this a little bit more closely let me show you if you're asking about the expected moves that I use let me just show you what I take a look at so I'm going to go this is thinkorswim and I'm going to go to SPX go to an options chain so this is the expected move for tomorrow right now it's showing just under plus or minus 32 points so what I'll do at the at the close at the end of the day I'll take the closing price of SPX and then this number it'll change a little bit at the close I'll take that number and add it and subtract it to SPX so that's all I do for the daily expected move so this is something that I can do the night before so that reduces the things that I have to do in the morning during my morning preparation so I you know certainly looking at the spot gamma implied options move is you know certainly a way to go this is just what I know how to do that's what I've been using for quite a while and then for the weekly expected move you know I can do that over the weekend and I just look at the the following Friday or actually I have a script and this is not mine to share sorry but I have a script that shows this this is from a couple weeks ago that's the upper weekly expected move lower weekly expected move shown by that green line and red line I just use that and that's calculated a little bit different I got that from another organization so that's what I use for weekly and then for daily I just get that from the from the options chain so that's what I use something I can do before so I don't have to do any additional calculations in the morning and I again it if you have time it's probably worth comparing the spot gamma implied move versus this daily implied move from the options market to see which gives you better levels alright C asked you trade zero DTE expiration option contracts no typically not I have some but I typically trade either futures or shares I I'm a long time options premiums premium seller and I just have a hard time buying options I was trained to sell options and I just have a hard time buying options but that does not in any way make that a bad strategy for example if you bought an Nvidia call today a Tesla call as close to the open as you could you're having a very good day so nothing wrong with that strategy it's just me that I prefer to trade futures or shares so I don't have to deal with that time kick decay or think anything about it let's go back to book map and my time is up I'll wrap it up do one last check for questions so I saw slow to sorry typing a question all right I'm gonna go ahead and wrap it up if anybody has any additional questions I'll be able to take those in discord thank you very much for watching thanks for your questions and comments and I will see you tomorrow thanks again bye