 Good morning, everyone, every Wednesday, December 6th 2023. We got some green coming in today, so after a few days of a little bit of a little bit of red, didn't take long to have some green show back up. S&P futures up a half a percent, NASDAQ futures up three-quarters of a percent, Dow up a quarter of a percent. So we'll have to see if we keep some strength here today or see if we'll get some more red coming in after the bell rings. But right now, all signs point to some green. Bitcoin up to over 44,000 now. So cryptos have been strong recently. I'd like to see Riot blockchain get back up to like tradeable number, that last trade riot. I used to trade Riot back in 2022 or 20 end of 2021. And it was up to $45, made it easy to trade. Morning, rookie trader bells going to ring here in a minute, not a minute, a few seconds. And there we go. Morning, Benji Russell pushing up. Ooh, a lot of green, a lot of green. Costco is flat. Lava flat, Walmart flat, everything else pretty much in the green. Morning, bubble bee. Things coming down. Some stocks are coming down a bit. Oh, I just wasn't talking just for a little bit here. Waiting to see how things shake out. EMD pushing up. So yeah, a little two way action going on here. NASDAQ up 80, 90. That NASDAQ up 92. S&P up 22. That'll up about 120. So we're getting some red bars here, a couple green bars. You get the new bar here in a second. We'll be looking for some volume runners. There are a lot of red bars here actually to start off with. So it doesn't look like we'll get upside volume runners during a strong market here off the gates anyway. S&P futures coming down, Dow futures, all futures coming down there in that first five minutes. Looking for some big volume coming in here. Same direction as the first bar. Not looking very promising here. Today we are trading the two days to expiration option chain. So 2DTE, VIX trying to come up. DKNG potential downside volume runner. Cheap, pretty wide two bid ask for a $36 stock. So I'm not going to participate in DKNG. Square potential upside volume runner. Got a minute to get there. I don't know that it's going to. Where's it going to be close? Yeah, I'd say it got there. I've played those as definitely upside volume runner there. We'll see if it pulls back to this pivot. Try to get in at the pivot. See square I would trade the 67 calls. I didn't get filled with a buck 30, filled with a buck 28. 67 calls. Definitely could get a better fill than I got. I was thinking it was maybe going to just turn around there at that pivot. That's for some mighty 90s now. Bummer, my fill, that wasn't a very good fill. I should have put that lower. Hopefully you all got the better fill. Because I mean, I could have got filled probably down about a buck 15, which means I could have got out of half at buck 25, less than I even got my original fill for. I've done a better job at the fill on that one. Yeah, I've been out of 10% already. Instead, I'll put my 10% get out of half at a buck 40 shucks. That was aggressive on that one, that's for sure. Hopefully you all have gotten out of half of square already. Filled at a buck 40, close to half of square. Still got filled, but man, I could have gotten a lot better, could have gotten a lot better profits. See if we've got a mighty 90 anywhere. Not looking like it. It would get out of another square at $1.52. Netflix, potential mighty 90 short here coming, and toss. Well, that's where your toss has, this is a red bar. Well, Ryan has it as a green bar. So we're just gonna ignore Netflix for the moment. Square at 4%, didn't notice that. Apple coming down through Lowe's, built at a buck 52, close another square. Thank you, thank you, Square. Man, if I'd have got filled down low, it'd have been a monster. Still might be. You'd have another square at a buck 65, built at a buck 65. So you kind of, you heard me talk the last couple of days about volume runners that don't pull back and then push, and so I've gotten out of them. So this is what you really want from a volume runner. You want the pullback, and then after the pullback, you want it to push. And so when it doesn't, when you see me bail on volume runners sometimes, it's because they're not, you know, they're not pushing or I guess, if it's a short volume runner, falling when they should be. So hopefully that makes sense, a little better sense. Now when you see this, this real nice one here, close another square here, built at a buck 80, and get out of another square at a buck 95, built at a buck 95. What is the price that if Square would have reached on the lower side? So it's not based on a price, it's based on where the price is at. So a volume runner, you always bail when it goes below, in this case, below where the big bar started. Okay, so you see where this, you got a big volume bar, so you go up to the price bar. Where did it start right there? So if it comes down and goes below that, that's your exit. So Boeing, you know, it's kind of setting up like a continuation runner, even though it's a little early for a continuation runner. It's got this push up and now it's just pausing. Meta, potential mighty 90 short here, but it's already pulling back. So if it could push up to right at where highs are, I can look at getting short meta. JPM with a mighty 90 long trade JPM a ton, but I do have traded it. Yeah, DKNG, except it's, I mean, it had a downside, now it has an upside. So I'm just kind of staying away from that. Oh yeah, Meta. So Meta, been into Meta here now that it's pushed up, it's pushed right up here to highs. So I'm gonna jump in some Meta on the 325. Now let's go 322.5, 322.5 puts, filled at 370. So I jumped in kind of quick there because it's come up right to where it got pushed down here. And so if it pushes up one more time, then I might add to it. You probably, I'm sure can get a better fill than I got square and push back up. And Meta, I would close half at 410. Yeah, I think I was about a nickel away from getting filled there. There we go. Filled at 410 to close half of Meta. So we'll wait for two consecutive red bars here. We'd call out Bumblebee on that Meta mighty 90. Probably would have missed it. The only way we gotta have, it always helps to have you all scanning as well. And the thing about that mighty 90 that you guys can learn from, is like, see the price push up and then trying to get in right there at the top where it got rejected once. So that's really where you wanna get in. I'll get out of another Meta at 450, coming down a little bit here. I'm gonna have a little mighty 90 there. What's the zooms? Used to trade zoom a lot, but the bid ask got so wide too bad. Comes up to this pivot. So I got one red bar on a Meta. Then we get a second. Might get short zoom if it pushes up to this pivot. Look at Boeing. Looks like it wants to go higher. Like I mentioned, continuation to the upside. Yeah, Airbnb did have a mighty 90. See if it pushes up to that pivot as well. Aren't it Boeing? I was real close to going long Boeing. Sometimes you just gotta trust your gut. Microsoft staying weak. Zoom not really moving. See what Airbnb looks like. See what their options look like here. Too bad. Airbnb would do the 137 puts. Filled with a buck 80. Definitely get a better fill than me. And Meta coming down. I got filled at 450 to close a quarter of my Meta. Must happen about the same time as my Airbnb. So I'll be closing Meta out, giving me two consecutive red bars here. Closing Meta, filled at 460. So nice trade there. It's about a minute left. I went ahead and got out just in case it pops back up. Right, could have squeaked a couple more nickels out of Meta. But so square, I'm still in it. Man, I've gotten out of a lot of it though. I've got six contracts left. So if it goes down much further past right here, this little pullback here, I'm just gonna bail on it and just take my profits. I'll get that out of half my Airbnb at a buck 95. Just put that in just so in case it comes down. I'm not looking. Oh wow, Meta really came down. I could have maybe left the contract on in Meta. Yeah, so square drops much more. I'm just gonna cut it and I'm gonna go ahead and just book my profits. Starting to see some stocks kind of coming down here. So we'll see if square holds or not. Yeah, Boeing has a nice 90-90 there. And you were on it today, but we'll be. Boeing, I would trade the 240 puts, built at 335, that was the 240 puts. Square's holding on, man. Square is holding on. Close half my Boeing at 370. Look at square, man. It's holding on when there's a lot of others pulling back. Yeah, Meta, I could have left the contract on and just ran it down. Mighty 90 long and goog, although this bar could get as big as a first. It's only a couple of minutes in, so an apple drop. Boeing trying to resist. So is Airbnb, listening with a nice push up. Definitely get a little two-way action here. And you know, a lot of these tech stocks are really coming down, but not much read from Airbnb or Boeing yet. Airbnb pushing through the pivot. Airbnb's been strong lately. I'm kind of watching it. The thing about it is it's got such a tight range. And Baba pushed down, big push up. Yeah, I saw that in Microsoft, but I'd like to see more volume pop than that. Good to volume pop in Meta, and the one in Boeing is clearly more separation. And Airbnb really pushing up. Not much read Airbnb right now. I'm gonna add to my Airbnb here. Built it a buck 52. Add, take a look at a daily chart of Airbnb. Yeah, in November it was on a pretty good tear to the upside. Roblox coming down through loads of day. Where again, if it pushes below this consolidation, I'm gonna cut it. So this kind of is setting up as a continuation to the upside. If people have questions about that, sometimes in the Discord, big push up. It's just pausing as long as it stays right there and doesn't come any lower. You know, this might be a good place to get in for an upside continuation. Because then if it pushes below it, you would just bail on it for a small loss. So I'm just holding it until I see it either pushes up. I'll keep scaling out. If it goes below there, then I'll cut it. Something has gotten into Airbnb and that's for sure. You came down, kind of has a, kind of had a good mighty 90 there. Once it made one more push down, I didn't see that. So Airbnb is ripping up and is that bar gonna get as big as the first? Vic's really coming down. No, it's not gonna get as big as the first. So I need a couple of red bars here in Airbnb. Boeing, where are we at in Boeing? And about right where I entered. So no add to Boeing yet. Where are you gonna come back for us? Where it's kind of sitting about right where I got out of my last contract. So I'll get out of another square at 210. So let me check, let me check TOS for Boeing here because according to Orion, it's given a second red bar but that one really doesn't seem like it's red. It seems like it's kind of like a wash. Yeah, Boeing or TOS had it as a red bar too. So it may be getting out of Boeing here if it just comes down into a red bar. It's kind of setting up as an upside continuation runner again, push up, consolidate, push up, consolidate. Get out of another square here, build a 208. You get rid of another square. So Boeing, not really liking what I'm seeing in terms of price action at the moment. Need to get a couple of pushes down here out of Boeing. Square, you know, if it can't keep going, I'm like, see how many contracts I got left? Five? I don't want to sit through any pullback in square. I'll take my profits. The hour of 1.15 NASDAQ up 63, S&P up 18. That good mighty 90 you see that could have gotten in right down here would have been real nice. Price action, Airbnb's worrying me a little bit as well. Yeah, it's just not, it's not going very, it's not going anywhere, is it? I don't trade Airbnb very often. I didn't go in as big as usual. It's been a long time since I've traded Airbnb, honestly, because it's always had such wide bid asks. But it appears it might be getting its second red bar if you count that one as a red bar. I don't know, it's kind of the same Boeing was in. So I'm going to see if it can give me one more red bar and you kind of count this one as a push. When you get those that are, it's like, okay, is that one a red bar? No, let me check TOS. Yeah, TOS had it as, this one has a red bar as well. So essentially it's, this would be considered its third red bar. So if it, it's also kind of setting up, like I said, a continuation runner. It's got, even if this bar is red, it'd be like three little red bars and then continue up. So I'm going to watch Airbnb closely here because I might bail on it. Technically it has given two reds, even though that one really, it's almost green. A lot of stocks coming down here though. Roblox through lows, Tesla coming down, Netflix down to lows. So I feel like we're kind of lucky here with square. I mean, at some point I believe square is going to pull back and have five contracts left. Might just close it out. Boeing, I mean, it's pretty much where I entered. That's coming down a little bit now. But you can see the similar pattern push up, not go anywhere, push up, not go anywhere. So I need it to fall below this consolidation here. We'll go ahead and take my profits in square. Built at 210 to close square. So just booking profits, only had five contracts left. So it might still rip up, but I'm not going to gamble with it. And I was real close to getting out of half my Boeing there. Surprise they didn't. So Airbnb is coming down. It's down to about where I added. So built at 370 to get out of half of Boeing. Okay, so Airbnb is getting a big red volume bar. So I'm going to hold onto this. I'm just going to hold onto my Airbnb here. I've gotten obviously now a very clear two consecutive red bars. So close it if you want. I'm going to just kind of play it minute by minute here and see what it does. And I'm going to put an order into close half at a buck 70. Things seem to kind of be getting weak. Actually, you know what? I'm going to get out of half right now. Nope, built at a buck 70 to close half of Airbnb. So I'm kind of ad-libbing here because this bar is almost as big as the first. Again, feel free to get out if you want to get out. So I get out of another Airbnb at a buck 80, which was my original fill, built at a buck 80. Wow, this has been nice gentlemen and ladies. Boeing though, man, it's not coming down. We get out of another Airbnb at a buck 90, built at a buck 90, Boeing though, not two consecutive red bars. I'll probably be getting out of my Airbnb on this one for sure. Definitely given two nice big pushes down. So it has a good out in square. Boeing though, and it's not cooperating. So I'm going to go ahead and cut my Boeing just because it's setting up too much as a continuation runner. Built at 340 to close Boeing. So small winner there, but a winner nonetheless. Close another Airbnb at two bucks. We have about 40 seconds left here. So here's the question folks, do I leave a little bit on an Airbnb? Just to see if it keeps coming down. I think I'm going to leave some on here. Built at two bucks to close another Airbnb. Okay, so I'm just going to play this out minute by minute here, time to close it. Built at 204 to close Airbnb. That was a nice one. So a lot of you guys got to see me play a mighty 90, a little longer than normal. So it started to get in this bar pretty big. And I checked over here at Toss. And it wasn't quite as big as the first, but it was a couple of ticks away from being as big as the first. And so, and then I started noticing some other things getting weak. So I just kind of let it run down. And it worked for me. So, so I'm out of everything. 930 Central, four winners. So back in the green. So hope everybody else is in the green as well. If you were in on any of those. Look at Boeing, good out in Boeing. Square, yeah, came back. Oh, I think I'm just going to take my nice green day here. And we will get back at it tomorrow. So I will be live tomorrow again. So we'll see everybody then. Peace.