 Hey everyone welcome to this week's video update recording this on Saturday morning October 28th Hope everybody had a good week. Let's jump into the markets, and then we will look at all of our trades for the week So starting with VIX so we had a nice little spike in VIX on Monday morning pushed above 23 and then immediately reversed as stocks started to climb push down Stocks bounced on Tuesday as well another contraction in VIX and then it popped back up But what's interesting if we look at the S&P? The S&P continued to make new lows. So here's Monday where we started out Coming down then bounced and then bounced on Tuesday the S&P continued to make new lows Whereas the VIX did not continue to make new highs. So That tells me that the hedging kind of slowed down which in turn makes me think we're going to have a nice bounce on Monday But we'll see what happens. That's my that's my crystal ball projection, which Works about 60% of the time every time NASDAQ did not push on new lows on Friday. So stayed actually slightly green on Friday Russell made new lows and the Dow very weak made new lows. In fact, the Dow came down and came lower than it's Then it's May 25th low So some some some weakness in the the big 30 Gold continued to explode Silver a little bit higher, but not nearly as bullish as gold. Actually silver ended up a little bit red on the week Notes and bonds Kind of choppy slightly higher the tenure yield pushed above five settled in at four point eight three seven Oil finished lower kind of choppy towards the end of the week. Natty gas had a big pop on Thursday and Friday Soybeans ended up higher wheat and corn a little bit choppy to lower the euro and the in the pound a little bit lower and Bitcoin big big move higher All the way from let's see. This was well, this was Monday here. So starting off Monday was under thirty thousand and pushed above thirty five thousand briefly before settling in around thirty four thousand for the week So that's the quick look at the markets. Let's jump into the trades. So Pretty decent decent week overall with all my all my trades Let's look at the individual strategies Starting with zero DTE am my am trades continue to struggle So you can see here on the am trades. I took three minus eleven over eleven K Monday was a loser of fifty one hundred Wednesday was a loser of eighty one hundred and then a thirteen hundred dollar winner on my Thursday am ratio trade DKS the man the myth the machine dickay The dickay special three for three fourteen hundred dollars five hundred and fifteen hundred so total of Sometimes you got to refresh this Yeah, a little over thirty five hundred on my DKS trades for the week The zero DTE ducks continue to struggle had one of those excuse me three of those Friday was a sixty nine hundred dollar loser Wednesday was a twelve hundred dollar loser and Monday was a fourteen hundred dollar winner. So minus sixty seven hundred on The Ducks, I'm gonna be doing some planning for my November Trade plan and it may be eliminating the Ducks. They have just not been so great No FOMC trades this week But we will have a couple of next week as Jerome does take the stand on Wednesday JSP's just had one of those for minus twenty one hundred and Once again old reliable power hour came through So almost twenty six thousand on power hour for the for the week by the way I'll do my month-end recap After after the end of October, but I was I mentioned this in our live stream on Friday For the month of October just for power hour cracked the crack the six-figure mark so over a hundred eleven thousand for the month of October Just for the power hour trades, which is pretty awesome. It blows my mind how How great power hour continues to perform? But again for the week Almost twenty six thousand so Monday Trunch one and two were losers trunch three was a winner on Tuesday all three tranches were winners on Wednesday All three tranches were winners on Thursday all three were losers and then Friday all three were winners I Friday I had a chance to have my biggest one-day power hour ever And in the literally in the last two minutes if if spx would have closed below 41 15 It would have given me my biggest power hour ever, but it pushed up closed at like 41 17 So took a little bit away in the last two minutes, but still a still a nice day All right, so that's power hour Next up is PM ratios, so let me these are kind of afternoon Premium selling So had three of these One for minus thirty three hundred one for plus forty eight hundred one for plus thirty one hundred so positive week on the PMS and then the quiet lunches a little bit red on the week So yeah, too. Yeah, well not a little bit quite a bit So just two trades minus fifteen thousand on those and then lastly for zero DTE my buddy Rick One loser one winner Down for the week The one on Tuesday was minus Minus fifty four hundred and then the one Friday plus eighteen hundred so down thirty five hundred on Rick for the week So that's it for zero DTE as far as dynamic butterflies just did time flies Three for three on the week One for fifteen hundred one for two hundred and one for fourteen hundred No losses on time flies all month for the month month of October and then on dynamic calendars dynamic calendars I believe we're just we're slightly red For the week down like four hundred bucks. I believe let me check all these make sure we get them all My list keeps growing so I get I get to do more clicks Yeah, minus four fifty five in the week, so had a five seven that was a winner three six There was a loser single calendar and spx that was a winner 34 that was a loser a one two that was a winner a two four that was a loser that one's open a One three that was a loser and a one two that was a winner the rest are open So small red on on calendars Iron ducks didn't have any closing trades just one open Yeah, open one in spx, so no closing trades there and then on the option selling front Refresh that get the accurate Yeah, plus three thousand although I Don't really count these as closed trades because either these are just rolled booked credits on MES and QQ key These are still open. I did close out a VIX hedge trade for little over nine hundred and then this VXX one I did close half so I booked nine hundred still have the rest open So we'll see where that one shakes out need volatility contract to contract to benefit that one and then lastly had a good week in Portfolio margin trades. I was hoping it was going to be even better. I'll talk about what I mean here so With portfolio margin trades make sure that's right booked a little over thirty four thousand So I had a really nice winner on a golden butterfly for almost 17,000 1100 on a what we call a vertifly This one I booked 9,000. This is still open I still have half of this open and assuming things don't go crazy over the weekend on Monday or Tuesday I'll close the rest of this I could book another Who knows anywhere from nine to Well, we'll see what happens. I don't want to I don't want to book profits before they actually happened But I booked 9,000 of it so far This time fly. This is my first portfolio margin time fly loss Since I started doing them so minus 3,000 on that one booked Almost 2,000 on this one another time fly and then this golden butterfly. This was Frustrating this is one where with prices coming down. I had to close I had to close to reduce risk because if we gap down on Monday, this could have turned into a You know $20,000 plus loss, but if we end up bouncing Monday, which I think we're going to This could have ended up being a 20 over a $20,000 win But I couldn't I just didn't want to take that risk. So I ended up closing it out taking a $6,200 loss Sometimes you just you got to do that to manage risk Humpty 1400 another Humpty for 2200 a call swoosh for plus 3700 And another Humpty for plus 7,800 the rest are open So nice nice week overall Especially with portfolio margin and power hour Yeah, it'd be nice if I had just traded portfolio margin and power hour, but obviously that's not how trading works So got to include the rest as well That's it for this week. Everybody have a good rest of your weekend and we'll be back at it on Monday. Take care