 What's up everybody? This is Giovanni from the options trading channel today is March 5th, 2020 I'm playing hooky from work today. It's gonna give me an opportunity to watch the markets Pretty much all day. Hopefully there's a signal The markets are trading lower. They damped quite a bit This morning, but let's just be patient as always. Let's just be very patient Let's wait for our good signals to come in already guys finally We are looking like the markets are wanting to move lower You can see here in all my mess of charts. We have spy on the top right. We're getting a down signal here It is still only What 32 minutes until? This closing of this candle, so we're way too early. It's way too early to jump in you can also see here on the queues the queues trying to Stay above that lower mobo van You'll see there that a signal is trying to form boy. I'm really tempted to buy in one call here. I'm looking at the two 16 Plits That expire in eight days on the queues Still weighs off for about 23 minutes away from that candle closing So anything can happen. So I went ahead and bought one put option of the two 16 puts on the queues That expire in eight days. Let me bring those up. I bought that I bought it at 640 see there about the high It's trading at 628 by 642 My idea is I want to buy in a second one But I'm gonna wait until it actually closes and actually solidifies that That signal there queues. This is the one hour chart in the middle The far right is the five minute chart. I just got a starting position at $6.40. Let me show you that Executed trade six dollars and forty cents there Currently trading at six thirty nine by six fifty five. Let's see if I can get out of this Trade in the green. Oh And because I bought at 640 640 we're gonna multiply that by point one 64 cents plus 640 you show that to show exactly what my intentions are So I'm gonna put a sell order at seven dollars and four cents. Let's go to my position Close position, I'm gonna do a limit order 704 It's exactly 10% send All right, so it's working training at six thirty seven by six fifty four training right hovering right around where I bought as usual and I'm gonna get another one I'm gonna buy another one as soon as it closes But that's candle in about 12 minutes, so I jumped the gun it could bite me in the ass Who knows guys? Let's see what happens So here's the reality. I Don't want this to just run away without me buying another Call or another option another another put option The whole reason why I went ahead and bots is in case it decides to completely run away You can see here that it's just bouncing off, which is okay. It's absolutely without a doubt. Okay If it hovers around here, even if it goes lower if the puts go lower, that's okay and Judging by that five minute chart. It's already trading below that lower mobile band So it might come back up Even as high as 215 which would be a pretty scary thing We have just seven minutes until this candle closes. It'll solidify that signal there and Hopefully I can get in and hopefully it's a green trade. I don't think that it's gonna move much Lower from here. I think it's actually gonna try to bounce back up to the 214 range But again, this is exactly why I bought in a tad bit early Four minutes until close of this one-hour Candlestick right here put in a buy order at six dollars and fifty cents. Let's see if I get executed Filled Got in at 650 so now my average is 645 so I'm in it. I'm in it Let's see what happens here. Again, let me show you all of the trades so far my buy trades about one contract of The 216 puts on the queues that expire in eight days March 13th about the first one at six dollars and 40 cents But a second one at six dollars and 50 cents Let's see if it executes my my first cell order at seven dollars and four cents Sell me out and it sold me out It sold me out guys. I am out at a 10% gain there Awesome the other one guys that is cool that you guys are watching this live The other one I'm holding on For bigger gains, I'm not gonna sell the other one unless it gets back down to six dollars and 50 cents That is awesome. You're watching this live. I'm absolutely happy that you guys are watching this I Love this strategy. I love it Love it. Love it. Love it. I went ahead and sold that other contract guys woof Wow Wow, I sold that other contract at $7.44 Scents not a great great move in the market finally executed beautifully and look at that it's still Running that is fabulous Executed it perfectly. Thank you so much everybody for watching. I greatly enjoyed this This is absolutely wild Look at that still going that's okay. I made my money. I made my trade for the day. I'm good I'm happy. I'm loving it. Thank you everybody so much for watching. I'm glad that you got to see this trade live I'm happy. I played Hooky today from work See you guys here next time on the next trading video hoping it's a winning trade green trade guys I am loving this strategy. Look at that. It's still running Don't forget to like and share my videos comment down below what you made money on what you lost money on I would greatly appreciate any inputs You have to give me any advice as well. Thank you everybody. See you again next time