 Hello there everyone and welcome this is Melissa Armo with the stock solution of reviewing here Disney. I'm just going to do one general overall video for this chart because there's a lot of trades going on in this right now. So let's just talk about the ones first that I called for yesterday. So yesterday it was pretty late in the afternoon it's after 230 whatever time it was. I called the 135 calls out till November and December because I felt 100% conviction that the earnings would report well and the stock would gap up and I thought 135 was a good level. So here it was. So it flew over that. I mean it absolutely flew. In fact last time I think it was high was 142 or 143. We'll look at that in a minute. Anyways high today was 140-25. It could never get over that today and there's no real reason for it. Like this isn't anything at all. But let's just look where it was last night. I thought it was at 142 or 143. No it was 14184 this morning. 141. Well I thought it was higher than it was last night but anyways it still it still it still was a really nice move. So everybody that did the 135's getting back to today was up this morning into the open and actually depending what price you paid from yesterday you might be up a little bit here or flat or up a little bit even with the drop off today because again this is above the strike. Anyways long story short we looked at this as a day trade today aggressively out of the gate that stopped then looked at it again as a second retake and that one fell through the stop and I think some people added some people stayed with it. Some people gave it up. I don't know where this goes. This has got one more hour left in the day. I don't think this is going to continue falling into the close. I think this could have a rally back into the close. I mean over 138 which sounds crazy but I think that it could. So I think that Disney today is going to close with a tail. Now in the trading room this morning I said if this flip today went green like went from red to green. Let me get rid of this. That this would for shortly get to the dream dream target next week. Well we're not going to do that so I think we rally up and through 138 here into the close but I don't see us going green in the last hour. It's too big of a retracement to happen here overall in the day for the stock but the stock is not assured. There were day traders that came in and shorted this today to fill the gap. This was not as short. It is a long the option calls I called worked the ones out till the past today. I didn't call anything for an expiration for today but the ones out for November December are really setting up nicely because I believe the stock gets bought and this could even get bought here between now and into the close and then Monday. It's just a question of what the level is going to be because there's just no reason for this to not continue higher but the problem is that one selling and this is why I prefer to short once the pressure starts to come in like this like like or like how do I describe it yeah like this like once pressure starts to come into stock like pushing pushing pushing it down it's very hard to lift it through and the problem is the buying came into the stock ahead of time it's been getting bought all in here for the last few months even it's been getting bought all year quite frankly and then it got bought up last night and then there wasn't the follow through the buying which is what you need to seem to have it go along in the day as a day tree but I believe the buying does come in and scoop it up very very quickly now again we'll see if this can actually get up over 138 here and close over 138 I would like to see this rally above and beyond and through 138 here into the close today so that's what I'm looking for I don't need it for these ones to work into next week but I do like busy as long I've been bullish on this for a long long time it just it just is it's a good buy 150 is in sight at some point I don't know if it'll happen between now and the end of the year but it could so and it's really not that far away and it was closer to it this morning into the open than it was obviously at this point now here 137 but really the stock can move you see that here today we're going to have to see how the day ends up got an hour left Friday going into a holiday weekend bond market is closed in Veterans Day and if you trade Monday you better be careful with what you do so I decided to close the trading room because I just don't think there's going to be anything to do Monday take the day off Monday relax have a nice holiday weekend and I'll see everybody next week webinar Monday night and class next weekend only two more classes for the golden gap between now the end of the year have a great weekend everybody email me at the list at the stockswush.com