 What's going on everybody this is Giovanni from the options training channel the inevitable Finally happened with me in it on the right side of the market Finally, it's about two minutes until the opening bell for the markets here And the cues have gapped up over a dollar from yesterday's close. I am still holding on to one Option one call option of the 223 50 calls. They closed at 286 by 293 yesterday Let's see up. Let's see where they open up today. Let's see where I end up selling Alrighty markets have opened here. Look at that trading 3 19 markets Let's see what happens here where we go from here and I went ahead and 320 320 I sold I'm happy for that. We are good. We are good That's awesome. We're we're completely out of that one Fill 320 awesome awesome trade there Absolutely without a doubt happy about that my original by order was 264 My highest sell order was 320 and it's gonna go up from here But I can't sit here and watch it all day. So I sold and I'm happy with this new all-time highs For the markets here this morning Really happy about it already guys. Well, I'm gonna head to work gotta go back to reality 2000 years later What's up everybody? I am so sorry that I haven't been able to get this video out to you Quicker I've been feeling under the weather and I just wasn't up to finishing this video yesterday And so it's about 1134 my time in the morning And I'm just now getting around to feeling a tad bit better enough to finish this video So let's talk about this last trade that I made but I bought two of the 223 50 calls that expired at the time in eight days at 264 put in a limit order at 290 it executed after hours that day and in the very next day the Markets capped up and I was able to sell for 320 this sell right here at 320 was for a 20% gain Altogether I was able to make 15% Let's talk about it really quick I'll make a video at a later date Explaining just a couple of key things about this particular Strategy the MOBO band strategy You can see here the middle chart This is the one hour chart on the cues off to the right This is the daily chart on the cues and off to the left is the intraday one minute chart of the calls that I traded You can see here that the Particular strategy this particular strategy has actually counted this trade as a losing trade a bad trade This comes to show you guys that with great money management skills You can turn a bad signal into a good signal now. It's not gonna happen all the time But this is a prime example of that This particular strategy you just you can't account for that You can't tell the strategy to you know sell at X gain and So on and so on so you just have to get better at managing those trades Prime example great example here And you can see that the high of the day of those options got up to three twenty three thirty five excuse me and Man, I mean they plummeted Completely down to as low as what's that low a dollar forty five went back up and then back down But check out the five minute charts on the cues Look at that ginormous drop there Huge drop you can made a lot of money to the downside, but of course we don't trade Fighting the trend and if we go back to the daily chart You can still see that we're still in an uptrend You got fairly close close than it has been in quite some time This was back on the 6th of January when we got really close and almost touched that lower Bollinger ban But you can see that we've been in an uptrend boy since December 6th Huge rally in the markets here, but we'll see what happens Basically in a nutshell really quick. We only trade in the direction of the daily charts That's the only direction that we trade and we trade the one hour charts, but thank you so much everybody for watching again I'm so sorry that I couldn't get this video out to you quicker. Just not feeling very good I think it caught a cold so hopefully the next trade is a green trade. Let's keep this going Let's make 2020 the best year yet guys. Thank you so much everybody for watching. I will talk to you guys later