 Welcome back folks. That was up 420 nazics up to 30 s&p's are up 46. Let's go to Jim and Denver, Colorado Hey, Jim, what's going on? Tell me in town. How are you guys? Oh, it's Tim. Tim. What's happening, brother? How you doing? I'm doing great man yourself Good good riding the wave riding the wave. So we're surviving. That's that's good, man. That's good So are you digging your paws into this gush? Yeah, I've been right. I've Yeah, should I move this thing out or keep riding it? What do you think? Let's take a look. So good an expert view on this The gush folks is the direction s&p oil and gas two times leverage Straighten thirty five dollars right now inside of this baby. It's the the oil and gas business in general You're 12 xlp, you know the xlp so yes, so Let's take a look at this I gotta bring this Look at this thing this thing got so destroyed. It looks like it hasn't even moved off the bottom I mean, this is so weird man looking at you look at this child folks and it goes like some $1,600 down to $12. Let me see how I gotta do this Well, they did a couple reverse split. Yeah. No, I get that. Yeah, boy. This is Okay, so well you got another ABC up here one second so that b points 34 the eight point oh my god is 27 46 that's called 28 34 six bucks get you up. Well, I see what's happening here. So you just finished up another ABC up to 36 What is the the xx x? What is this trade off of Tim? xlp xlp Yeah, which is a spider Exploration, okay, I got it. Okay, cool. So this will give me a better understanding of what we have here So the xlp not it follows oil pretty good But not I mean the oil could be up and it could be down depending on how about sure because these are the equities that have Come off the bottom. Oh, okay. Now. I got a much clearer picture Um Yeah, you can I keep riding it, but it's like man when I when I look at the xlp it'd be saying go move it man Yeah, this is coming. This has come right into ice, which is $50 and 84 cents And yeah, you can see the volume dying on the vine man There's this because the xlp can pull back to 45 50 pretty easy. You know what I mean that You can see from that point. So You know, I mean the way I do now what happens when you have something like this What I do Tim and this is what you can do. I'd put a stop, right? Really close to it today, right? Because what happens folks is this is that it's wicked when you got a stock That's going up like this. So instead of just selling it like it's it's at 35 dollars and 75 cents, right? You could say hey heck the heck with it put a stop at 35 dollars and 25 cents Get only give 50 cents and that's it Do you see what I'm saying and if it keeps riding four more dollars up great You grab it and just keep bringing it up and then I'd move it by the end of the day. That's what I do Thanks, man. You guys hanging in there. You're doing good. Yeah, I mean, you know, it's it's not been bad down here What did happen? Unfortunately yesterday is that in Florida we had the highest death toll yesterday They they're saying it was would pass the peak But I don't know how you get past the peak if we had the highest death toll yesterday I mean so I'm doing that around here to kind of like yeah I guess, you know, they know I guess but you guys be safe. You too, man. You too, man Okay. Have a great one man. Have a safe one oil Tommy, right? Yeah, what's the number? We got from gush to oil man. We got the inventory numbers in eight minutes What are they looking for they're looking for the whisper numbers what 50 that's 15 million barrels 15 million the whisper is 11.9 the survey's 11 survey 11.9 so analysts at about 12 million the whisper at about 15 big numbers, man For sure Jumping back to I was checking this out. So right now you got crude of $15.55 Huge volatility priced into these products as you may expect, right? If you jump to the noon expiration We do have a contract with 1550 just to price in what they're looking for Okay, only five to seven pennies above there, right? So your bullish one is going to be a little bit more expensive You're looking at $44 the bearish one 37. You're still talking about 81 dollars To make a max profit of 150 If you only let one expire now keep it in mind though that you could see some volatility and have both of these expire as in Trade out one maybe trade out the other but a lot of volatility priced in man When you got a if you want to buy both sides of this market You got to put up more than $80 which represents 80 cents of movement and keeping in mind you only you only have a dollar 50 That's why I said really You better have not not you better, right? If I was going to trade these I would be looking for volatility in both directions I would look to take money off of the table on one side and Maybe look for the other side to come in as well because if you're just looking for value on one side of this trade That's a lot of premium 80 cents that you would need of movement to break even and then you only have 70 cents of potential Profit above that 80 cents of movement, right? Yes. Yeah. No, it's it's a monster number. Yeah, so I'm thinking I'm gonna put in 18 million barrels. Yeah, I'm gonna go over the whisper number. Okay, perfect. Put it in Let's say I want to one other one. I'm just gonna bring up for for interesting volatility if you are Bearish right now, and you wanted some defined risk. I mean, this is a basically at the money put, right? You have 1550 being the ceiling Okay, until 230 is gonna be your time that you have until and you're gonna have to put up 65 cents so you're selling it at 1485 your losses are capped at 1550 and you have exposure all the way down to 1050 and Man, it's pretty remarkable to say that it's actually possible You could get $10 and 50 cents by 230 in the afternoon. Normally, you never say that right in this environment. It actually is man Not to say it's gonna happen. I found a little bit of a bid over yesterday for sure But we'll see what happens when we get those inventory numbers at 1030 pretty amazing, man Yeah, and if we take a look at some of the higher volume equities out here today And there's no doubt folks the system pieces is moving you get advanced micro which is down a buck and a half You get carnivals up a buck and a half Delta's up 230 You get Boeing up 527 Facebook's up 11 bucks. Let's go take apples up $9. Look at that move on Apple. Holy cow Yeah, I think I think Google put in a bid across some of those equities in terms of if if people are on their phones If people are relying on the cloud if people are still, you know I imagine that's that's correlating to some Microsoft after the bell get they're getting a bid today as well Right Facebook. Maybe that's you know advertise Facebook advertising right just in line with Google probably and that's that's after the bell today, too It is. Yeah. Yeah, so you get face. It's remarkable off the low 137 year 193 So Facebook, this is pretty wild man. Facebook is back to where we were in November. Not bad, man No, it's it's it's Look at this. It's actually on a longer-term basis. Yeah, it's in the same consolidation that it's been in man This is pretty amazing man. There's there's no doubt If we go take a look inside the NDX 100 because that now the NDX is trying to get to its highs of yesterday Haven't made it yet, but it's right next to it the leader out here today inside the NDX is United have no freaking idea why United is the leader. It was the leader yesterday, too, right? You know, it's really funny as you went to pull that up. Yeah Remembered you had United I went to check out United before you even pulled that up And I was like whoa United's up 11% again today They just went from 25 to 31 over the last two days man pretty amazing. Yeah, there's zero people on the plane You see the pictures one person on the plane folks. They it's pretty cool I'll let you get your own private plane stay right there Tommy and I gonna become right back in those oil numbers