 Almost time for the bell, how many options will you sell? Fire up your platform, get ready to enter But first let's get the mindset centered Ay, ay, let's go We're not here to gamble, we're here to trade We follow the plan, that's how we get paid Test and trade it, have success Find what works for you and forget the rest Stats and probabilities is what we're about Time to dismiss greed and doubt Focus on the process, not the money And the profits will flow like honey Power our lives, let's start the show Come on trade hackers, get ready to go Zero-day options, time to make bank Get locked and loaded, then be ready to plank Ay That is a monster green bar Did not see that one coming after the jobs report this morning I thought we were in for a little bit of a A little bit more bloodiness to the downside But holy moly But worked out okay I did a, my AM ratio ended up getting stopped out Was pretty close to 50%, didn't hit Got stopped out I also did another discretionary just one to one Cause I wanted a little bit more size on with the width That we had, that one got stopped out Pretty small size and then The JSP's this afternoon have been rocking so that Got it all back plus some So For power hour, I think we would call this I think this would be considered a short squeeze right 2% From the open So I'll be doing my 2 to 1 version 2 to 1 version, so 8 by 16 Look at me, I still got some calls From one of my iron condors They were worth about $1.60, now they're worth $0.90 I'm gonna just hold on to those See if we push up a little bit more Try to sell those for a little bit more No, I completely forgot about DKS Dick, I apologize I forgot about you today I was Yeah, I was like I saw some of you guys post and I was like Oh, I forgot about DKS Such a problem child I didn't have my phone alarm set, that was the problem Alright, so I guess I'll just I guess I'll just sell these Calls Get them out of my way Bought them for $0.05, selling them for a buck A buck even Alright, so Longs in place for Tronch 1 Chris, I don't know if I'm stating the obvious but 3 to 2 is 3 puts versus 2 calls And 2 to 1 is 2 puts versus 1 call So it looks like we're gonna be maybe 5, maybe 10 wide Looks like we're gonna go 10 wide Where is my template? 25s and 15s I got filled at 9.65 On the 25s and 15s for Tronch 1 2 to 1 So, Chris, my 3 to 2 That's just gonna be my normal new Tronch 1 The 2 to 1s for short squeeze only I got filled on my Humpty PMMers Post that real quick I had to 1-up you Meach Anytime I can get a 1-up on Meach, it's a good day 5 cents 1 cent, it doesn't matter Alright, so Tronch 1 is in A couple other things that I did today I had to add a calendar to my Timefly With this monster move It's already almost pushing up to the calendar strike But we get a little pullback We'll be back in business All my short premiums coming in nicely VXX trades coming in That one that was way out there Back to even the very first VXX trades contracted all the way back VXX actually hasn't contracted As much as VIX Sometimes we'll see that contract even more But not today, VIX down 6% Yep, Dark Vendor I sold Puts all afternoon I didn't do the exact Times of the back test I was just kind of Buying every dip basically I saw your question on VXX Dark Vendor I'm expecting more ball contraction Premium just getting sucked out of this market Ducks bouncing back Had to adjust our I thought I might get out for a 15-20% profit on our Put calendar in SPX But after the rip had to add to that one We got a double there Not sure what you mean, Chris I didn't perceive you as being rude in any way I was just being a smart ass About the 3-2-2-1 Alright, so today for my calendars I'm going to go with the 4-7-3-6-3-5 Taking a look at the event calendar for next week We've got PPI on Wednesday CPI on Thursday So I decided to not do a 6-7 Because the shorts would be on CPI day And those could continue to expand Going into that date So I'm going to pass on the 6-7 Or the 5-7 So I'm going to do a 3-5 So I'll have my 5-day options on PPI day The longs I'm going to do a 3-6 So I'll have the longs on CPI day as well And then a 4-7 So that would be Tuesday's shorts Nothing really going on there And 7-day would be that Friday So that's the plan I'll do a 4-7 Here right around the same time as Trunch 2 It's always in the positions and updates, Kelvin That's where you'll find that on a daily basis Every morning for your reading enjoyment So let's see, do I have any JSP's left? Yeah, I do have a little 2-lot left I'm looking for a buck 20 on It's currently trading at $2 4-7 is in the calendar October plan There's the back test So that'll be the first one I put on at 2.15 Here about a little over 10 minutes I'll put that on before I do Trunch too And actually, I just updated that back test I'm going to use 25 delta, not 20 I meant to do that before I saved it Getting a little pullback in SPX So Maro, I just saw your post In the ZeroDTE channel Do you have a link to what you're talking about for that back test? On mine Yeah, I start with a 6 on a 2 to 1 ratio I start with a $6 stop loss You're saying you just changed that to 4? Oh, trail, got it Okay, I'll check that out Thank you I'm getting another little bounce I assume my remaining JSP's should be Fairly close, trading at $1.70 I'm trying to get $1.20 I'm going to change that I'm going to try to get more out of those Nice little decay coming in on Trunch 1 With this bounce Chris, you go to India for 2 weeks You come back and you don't know your way around The tradehacker community What's going on here? How is India, by the way? You need to get it together, son Learn some golf, okay Good, good Chris is going to be the next VJ Singh Alright, so before Trunch 2 I'm going to go ahead and get in my 4.7 Fill it at 24 even I just posted that in the calendar channel Then hearing about 15 minutes I'll do a 3.6 Alright, so for Trunch 2 I'm going to buy some wongs Looks like maybe we may be 5 wide For Trunch 2 Yep, I'm still sticking with 1 to 1 On my Trunch 2, correct Give it a couple minutes too Kelvin, did you look at the back test? It literally shows you what I do on the back test Literally Exactly What I do Alright, it looks like the 2015's Maybe the 2010's Probably coming down a tad Looks like the 2010's It holds here 2010's going in At 5 bucks No takers 4.95 No takers 4.90 Oh, 4.95 Fill it at 4.95 On the 43.20 Calls 43.10 Alright See how she blows today Chris, you want me to go Bring up the back test So that I can tell you I think the Kelvin and Chris are you guys brothers Did your guys' mom feed you Hand feed you into your teenage years What's going on here I mean Holy moly You literally have the back test You can open it I think you guys are brothers The Kelvin and Chris twins You guys are something else Alright, 230 I'm doing the 3.6 250 I'm doing the 3.5 I'm an enabler So the SPX bar is big But check out the NASDAQ NASDAQ is up almost 2% on the day More of a dip after the open Russell down 1% Excuse me, up 1% Dow up a little over 1 Silver up 3% Notes and bonds It bounced back a little bit Still red I did, I've got some long Well, I got hammered I was short to begin with And I got Punished for that And then I Once we got into Short squeeze territory I flipped it I had gotten stopped out long before But once we got into short squeeze territory I bought some NASDAQ I'm still holding those So that helped I haven't gotten back what I lost this morning On my little discretionary futures trades But it's helping It's coming I'm glad it's entertaining for you, Andrew K I'm here to entertain Alright, so let's see Let me get my notes down Tronch 1 I got in at 9.65 I'm looking for 5.80 For Tronch 1 Tronch 2, I got in at 4.95 3 bucks To reduce Tronch 2 I didn't do a new TGIF I just added that one To my other single calendar Decided to stick with that Because I'm doing my 4, 7, 3, 6, 3, 5 here So I figured that was enough Enough calendar Entries for the day Tronch 3 in about 5 minutes Vegas Michelle hitting 50% On P2H, nice Buy some more longs for Tronch 3 A few minutes here Looks like it might be the 43.20s, 43.10s By the way Any Trader Sync Trader Sync Trader Sync? Yeah, Trader Sync So you may have noticed If you're trying to Look at the performance Of multiple setups That it only is allowing you To look at one at a time The devs Are aware of it and they are Working on fixing it Per my boy Nixon Trader Sync Doesn't need to escalate it He takes care of stuff He's not like the I can't remember her name now The female tech support Clueless Alright so 25s 15s 25s 15s for Tronch 3 $4 Some more longs Why is my buying power like that What did I do? It's weird Alright well maybe I'm not doing Tronch 3 I just checked my buying power There's no issues I didn't put on Any new portfolio margin stuff today But something is Off Should not be Using that much capital for Tronch 3 Well I'm skipping Tronch 3 Today my friends I'm not sure what the deal is there Thank you Wuga So Tronch 1,580 Appreciate that Tronch 2 I'm looking for 3 bucks It's currently trading at 460 Marthenis you had that same issue? That's weird Why was Trying to use Trying to use like $180,000 In buying power for Tronch 3 I even added a bunch of extra longs And still did My puts weren't even that far away I mean we're talking Tronch 3 Maybe I'll Say maybe I'll sell some more puts here Alright no Tronch 3 But I'm selling some more puts There's my Remaining 2 JSP's from earlier Just got filled at $0.50 Alright so I need to do a 3,6 I just posted my 3,6 In the calendar channel That's what mine looks like Elliot And I gotta keep an eye on Tronch 2 Here It's trading at 360 I need 3 bucks Yeah I think I confused Toss's Buying power system Or maybe I'm the one that's confused I don't know yet Figured out Alright in Tronch 1 and 2 and some extra puts And then I've got a 3,5 DTE Left to do Here in about 15 minutes And then the week is done Tronch 2 down to 3,50 I do them as separate trades Elliot Mine were based on the short squeeze But I wasn't Following the specific time So I'm just gonna I'll label them as discretionary And I will do them as separate trades Our last Baseball tournament of the year for my 14 year old Tonight Tonight, tomorrow and Sunday Tonight's game Weather is showing It's going to be With wind chill factor It's gonna feel like 43 degrees Summer is over 103 huh Yeah I'm not a fan of the 43 degrees And First part of October Well it's a baseball tournament so I don't know If anyone's gonna be wearing pads or hitting anybody But uh The game's ideal I ain't getting a little bounce up here Oh the weather Yeah It is football weather my friends It is football weather Did you ever go to the Hall of Fame I assume you did if you grew up in Ohio I've never been Nasdaq still grinding higher Nasdaq pushing Trying to reach that 2% higher And there it is 2% for the Nasdaq I'm gonna go ahead and shut down my Long futures Oh yeah Taylor's been spotted Coming out of Kelsey's house He lives about Actually from my My old office before I Before I bought this condo from my office A few months ago His Kelsey's house was Right in the basically in the same neighborhood As my office And uh yep Taylor was spotted The other day coming out Apparently the media's Posted up at his house Oh that would suck I would not want to be famous Infamous yeah that's a better word I'll take the uh lifestyle Of an incognito trader Over the fame So Trunch 2 where we at on Trunch 2 it's a 350 I need 3 bucks It comes down a little bit it'll get there It's a 320 310 305 3 bucks Changing my stop on Trunch 2 Now I'm gonna go Enter my 3-5 DTE I just posted my 3-5 In the calendar channel Here's my reminder Alright so Trunch 3 is centered Oh wait What are my strikes Trunch 2 I mean Trunch 2 is the 2010s There we go That's the power of my position Dark Avenger With my Massive position of Micro Nasdaq features So Trunch 1 is trading At about 3 bucks a little less Trunch 2 is trading at 225 My short puts Are trading at 320 Just slightly above 4320 would work Early indication for market Unclose and balance 564 million to the sell side Just over 11 minutes to go Alright SPX coming down a bit So Trunch 1 is 15s and 25s Let's see a little bounce If I'm gonna take that one to the bell Trunch 2 is the 10s and 20s Looks like I'll be taking that one in Hopefully The 10 minute mark on the Market and balance jumped up to 3.6 billion on the sell side We're seeing a little bit of a sell off here That's a little bit bigger number Let's see if we can get A little baby bounce into the close Coming down Trunch 1 is trading at 820 Stops at 880 Stopped On Those are my puts Trunch 1 still holding on Trunch 2 still okay I'm gonna need a bounce Otherwise Trunch 1 is gonna get stopped Trading at 830 My stops at 880 Looks like I'm getting stopped I don't have a bid Still a little bid I did not get stopped Looks like I should be getting stopped Alright I got stopped Dollar slippage on the 2x1 Alright Hanging on to Trunch 2 Need a little bounce here I just needed to close A little above 4310 for Trunch 2 Just need a little hold Right here I got room to the upside Not much to the downside Four minutes to go So Trunch 1 I got in at 965 Stopped out for a profit at Oh no I'm sorry Stopped out for a 20 cent loss So almost a break even with some small loss And then I lost a little on those short puts And then Trunch 2 If it closes above 4310 Will give me a pin What do I do on those puts Maybe that's a $5 loss On those 4 puts So I can still be green For power hour if we hang on here Or higher Two minutes to the bell Heart rate at 68 But I need a bounce My heart would appreciate a bounce Coming down Minute and a half One minute How about a two point bounce in one minute Just a little baby green bar To end the day Just finish what you started Green all day 30 seconds Still coming down 10 seconds Two, one Close at 840850 So that looks like it'll be End up being about 5000 minus the Call it 3000 with the Puts in the longs So Net of a couple thousand Winner for power hour Couple thousand Alright my friends End of the week Everyone have a good weekend As far as the live stream schedule for next week We've got So yeah, so the morning sessions chat Will be streaming Monday Tuesday Wednesday And Thursday And then we'll do zero DTE on Friday And then of course power hour Every day of the week Alright my friends have a good weekend Take care chat with you soon