 50 times. More. 100 times. More. 200 times. More. 500 times. Probably. What is going on? I hope you're having an amazing Friday TGIF. Today is August 21, 2020. And I'm going to make this video short and sweet. I know you have a lot of planned activities for the weekend. And I just wanted to give you an inside look as to quote an unquote hour portfolio. And I just wanted to share with you those positions that we're currently in. We're not in a whole lot of positions, but still want to give you an inside look here. Yes, this is the account, the $150,000 trading account trying to be as transparent as I possibly can. I didn't let you know, to be honest with you, I forgot about actually mentioning this position because it wasn't necessarily part of the trading plan. But per our investor, he wanted to trade oil futures. So we went ahead and played with it. And we're up a little bit on it. We did buy, we're trading the oil futures, the October oil futures, if I'm not mistaken, yes, October there, we currently hold one contract. We're currently up $1,260. The oil futures is still open. It is $235 my time. And today we lost $530. That's how much oil moved down on us. But overall on that particular position $1,260, even we first bought into oil at $40 and nine cents. This was on July 30. And we bought another one right here, August the 4th at $4103. And then we sold out one at $4347. We got a nice return on that. It was awesome. When we sold that contract at $4347, we made gosh, almost what is that $3,400 somewhere around there from our original entry of $490. And we still currently hold one from $4103. The other position that I wanted to update you on is the Tesla call option that we sold. We sold it yesterday. We sold one single 2,700 call that expires on August the 28th, exactly a week from today. Today is again August the 21st. And we are currently down a whopping $7.50 on that particular position. Because we did sell it yesterday, we sold it at $4.95. You can see the trade price here. We were actually down $40 initially at the close yesterday. So that's why you see a P&L for the day of $3,250. But essentially we're down a whopping $7.50. The last thing that we wanted to update you on was the call option that we sold on Amazon. This was on the 19th that we sold at $5.50. We bought it back at $1.30. And we made money. We made $420 in one day off of one contract. And we will take that all day long. Really happy about that. We're very optimistic about this. We absolutely understand the risks involved in this strategy and selling premium. But hey, we're going to take our chances here. This is all new to me. I'm not by any stretch of the imagination, a expert about on selling premium. I have a lot to learn still about selling premium selling options. I want to be very clear, very transparent as I possibly can. It's one of the main reasons why I'm making this video today, showing this is the actual $150,000 trading account, but also that this particular strategy that we're using to sell premium sell options. We are following the footsteps of somebody that has been doing it for a couple of years, a couple of years, yes, a couple of years, about a year and a half, two years. He does make a solid income week after week. And this is how he makes a living selling premium. So there has been very, very few times, but it has happened. He said that it will go completely against him. There hasn't been one particular instance that he has lost significant amounts of money on a particular position. There are a couple of tricks, so to speak, quote unquote tricks that you can do to protect yourself once you're in a move and it's going completely against you. I hope to never have to do that here, but if we do, I will have a lot to learn. I have a lot to learn, so I can't wait to actually dive into this. So basically in a quick nutshell, we stand to make $495 if Tesla doesn't hit $2,700 per share by Friday's close on August the 28th, a week from today. There you have it, folks. This was a short and sweet video for you. I know you have a lot of awesome things planned for the weekend. I hope you have an awesome, safe weekend. If you haven't already, hit that subscribe button down below. Also hit that bell notification so you get notified the moment I upload a video. See you guys here on the very next trading video hoping it's a green trade.