Uh, hello, hello, hello, and how am i looking we're already having some issues with uh youtube here, i'm just very curious. If i'm going to be coming through crystal clear, not i guess it looks. Okay, all right! Well, let me know if it goes wonky because i've been fighting with youtube all afternoon. Actually, let me double check to make sure we are good on everything over here, because i'm getting a multitude of warning signs and are we back, i think it's.

It seems like it's good, looks good they're telling me that my bit rate is 11, which, for any of you who know about bitrate, knows that that is a very low amount of said bit rate. Well, it is what it is, but let me quickly turn it over to the market as i'm turning it over to the market. Don't forget to sign up for public, it's pinned to the top of chat. You get free stock.

Folks, you want free money. If you don't have a public account yet and you're in the us, you might as well check it out because you get free money. If you try it out, and it's not for you, that is a okay, it really is, but you might as well get the free money in the process. That's once again pin to the top of chat, no payment for overflow, no market makers exponentially better than robinhood exponentially better than weeble.

There's really no reason to be buying equities on robinhood or weeble anymore, because we realize how bad it is for really the overall market system. That's what i have for you on the sponsor of today's stream. But now, let's talk about the market, the old market market market, the spy has been ripping and everyone in locals, uh. Well the people who ended up.

I guess wanting that one ended up doing pretty well and we had some good questions here. So, as you can see, i posted this five hours ago, and this is something i personally did going long on spy via futures. This will be a multi-day swing. Risk is 449..

So what i mean by that is, i was calling out a direction. I was calling out the fact that i think the spy is going to go up and you could play that a million different ways. You could get spy calls. You could get a call debit spread.

You could get um a spy put credit spread. You could get you could go, you could buy, puts on uv xy they're, like literally the list goes on and on and on as soon as you have a direction of something the way to capitalize on that there's way more than just one way, i did it In the futures market, just because most of my capital right now is tied up in various other place in my options, market or my options account, and i had some free standalone capital in the futures account. So i just did it through that it just made it a lot easier, but overall, obviously five hours ago was, i don't know even it was early this morning, so i'm already up a decent amount on that and the people who took it um. The one thing i want to clarify just because there were some good questions in here by saying 449, it seemed it seems, like you had a put play.

That's risk is 449 as in if the spy goes down to 440, like that's what risk means at what point? Do you hit your risk and pull the rip cord uh by saying 449? It seems like you had a put plane. No because risk is at 449., when you say you have risk and reward. What's your risk point as if it hits it, it pull. You pull the rip cord and what's your reward point as if, if you hit it, you capture your profits, um and another.

Like that's a good point and like i guess it's a good point of like terminology clarification. But beyond that, another thing i want to talk about is remember, i'm not the biggest fan well. First of all, i don't think people should be doing weeklies when you're talking about options. Weeklies people don't seem to appreciate how much theta hurts you if you're getting weekly, especially yolos like deep out of the money, whether it's calls or puts, if you hit it, you're gon na hit it big.

But if you miss it, it's gon na be painful, and i don't think people really appreciate the percentage chance of you missing out of the money. Weekly calls and or puts theta will destroy, destroy you from night overnight. You need it to drastically move in your favor. Just to stay at the same price you're at at 359 from one market's closing to the next day's opening that you, you basically need it to gap in your favor to retain your same value.

Theta is really going to be painful if you're going long on calls or puts remember long, just means buying in short, mean sound. You can long a call you can long. A put you can short a call. You can short a put long just means buying.

You bought the thing that you're about to refer to long call long put bought a call bought a put short, a call sure to put sold the call sold a put, and it's typically in reference to creating the position. But now this is a very, very specific thing. I want to talk about with the s p 500, and then we could get into kind of like generic equity watch. Here is, if i think the market is going to go up, if i think the s p.

500 is going to go up. I am not a fan of buying spy calls. The reason i'm not a fan of buying spy calls is, first of all comparative to something like uv, xy, they're, a little bit more costly, but more important than that is you have to ask yourself how are options? Priced options are priced by mainly three different aspects. The time till expiration, obviously that's the theta - that i was just referring to the price of the underlying thing, such as the actual price of the spy, which is at 456.25 in real time.

And then the final thing is volatility. Now this is kind of a unique scenario in which, if you are right in the spy going up, you're also inherently saying that you think volatility is going to go down because remember volatility, typically moves inversely to the direction of the market. So if the spy is going up, you that's good for your call, but remember the fact that it's going up means volatility is coming down, so that's kind of hurting your premium so or it's hurting the pricing mechanism that goes into your premium. So, for me it doesn't really make much sense to get spy calls.

You could play that same directional bet and just get volatility puts such as uv xy. So, for example, you see the spies going up and i'll just put down here on the bottom one. The same directional bet is just and you're getting more exposure, so in terms of options, premium pricing, you're, gon na benefit from volatility. Look at this.

This is falling off. You could have just gotten uv xy puts and it probably would have worked out in terms of a better percentage return than the spy um. So i just wanted to throw that out there that you got to be careful with that type of stuff um and obviously, if there's ever like clarity, that's needed. I'm right here happy to help with it um.

So that was a little bit of a shout out to everything that's going on locals, because the spy is crushing it and in terms of the spy i'm gon na, let it test 458. I want to see that doesn't look like it's going to happen today, but i'll be looking for that tomorrow and if we fortunately break above it. Well then i'm watching 462 and then from 462. I am watching for 72., so those will be my targets and i'll.

Let you know what i'm going to do at those various levels, so twitter, at an intraday high of 51, almost 40, but still up 28 on the day. Amc is waking up a little bit going into close. We do have some higher lows, but we also have some lower highs. So big.

This is literally it's just consolidated all day: lower highs, higher lows, uh and it's down by 0.69 percent, so almost back to breakeven would love for it to go green on the day. Gme is currently green on the day up 2.5 trading at 169. At one point, it was up to 173, which i was really really liking. Then it got smacked a little bit um, the other one.

That is having a lot of people excited. I have no position in this. One is ater. Well, it's selling off a little bit into close, but overall nice day, it's up 46.

That's a beautiful, beautiful game. Thus far on the day, let's see how it performs going into close. We have about 20 minutes left at least if you're, watching this in real time. What were your plays of the day i mean i played the spy through the futures market, but this concept of mimicking someone else's play.

That's basically just selling alerts and, like that's a horrific way to trade, because then you're not learning about. What's going on, i gave my opinion of the spy going up today and i informed everyone of how i was playing it, but you could play it at. However, you want, you could have bought the spy on the equities market. You could have bought it on the futures market.

You could have got calls which i don't really like. You could have sold a put credit spread, bought a call debit spread. You could have got uv. Xy puts you kind of like played other forms of volatility, there's so so many ways to play it so that that's too much of this like spoon feeding thing, and i just fear that people aren't really like learning.

It then, like these people, who call out the exact play like i feel like a lot of the time they just want people to get into the exact same play that they're in, and i i don't like that, like the game here is to see, can we Identify the trend, and then it's up to you, there's like i said many many ways to profit off of any trend you just have to like identify what the trend is going to be, and obviously you hope that you're right uh jimmy to hit hit up to 80K share per share during the squeeze. I would love to know how you came up with that number. I based my trades on menopause mood. Swings me too viv, the unicorn princess.

I think you and i have probably a pretty similar training style. Then, if you hate volatility and don't understand options, and you probably should understand options if it is very use, a paper account if, when i was talking about like theta and delta and gamma and vega and tonto expiration and the volatility, if you're not really comfortable in That terminology and what it does or doesn't mean you shouldn't be trading options. That is a i'm trying to stop you from losing money. You don't need to lose.

I'm trying to help you avoid the pitfalls that i personally fell into. If you are not comfortable with all like with what that means, you don't like the market's gon na be around the market's not going anywhere folks, it's okay to take some time to use a paper account to read a couple extra books to watch a couple: extra Videos to do a couple extra like worksheets, on how options actually work. It is okay, i'm telling you - and i know a lot of you are just gon na brush this off, but i guarantee in a month two months, six months, you're gon na come back and be like. I just you would have saved me money if i just had listened to i'm begging you if you're not comfortable with those terms and options, pricing mechanisms and the impact of weeklies versus monthlies versus leaps and like what all.

That means. It's probably a good sign. Just use a paper trading account. You can easily get one on think or swim.

I think interactive brokers has one you don't have to use real money. It is, it is perfectly fine. You don't need to start option shredding today. You can take a couple weeks.

A couple months off until you feel more comfortable, you're, literally betting, your hard-earned money like for as hard as you work for that money, don't like just piss it away on something that is like so easy to like protect yourself from do. I think amc will retest. 20., i have no idea, i'm here, to ride the trend and be on the roller coaster. I beg my bro, my brother-in-law, to try paper account.

First, he laughed and said, like i'm in school ha who's laughing. Now, oh okay, yeah uh paper trading is trading with fake money, but based on actual market slash, checkers weevil has paper trading. Weeble only has paper trading for equities, not for options. You will not be able to paper trade options, you're going to need a think or swim account or in an interactive brokers for a paper trading options account eric good call.

Everyone make sure you go to r place to support amc, we'll need all the ape support ends midnight eastern tonight thanks, you know eric. I appreciate that i didn't. I knew it ended today. I just didn't know what time so we were checking that out.

Actually, i have it right here: um how's, curious, george is actually looking pretty good. That's a clean! Looking amc oops, i zoomed out too much uh. So this is changing. Oh, this amc needs a bit of work.

So if you're on r slash place, we need some white over here. We need to clean up this. This white needs to go red whatever this is in the top right, but a little bit of support would definitely go a long way. So if and the gamestop one this one's locked in this one doesn't seem to be changing like at all a little bit.

But then it's just like quickly reverted, so they must be having some solid bots running over here. Just a very astute group of people paying attention to it, but like they even try to mess with it, i wonder how long until that goes back, but cool stuff, very, very cool stuff, all right at er coming back down into close speaking in the spy. What's that doing up at 456., what are my thoughts on hood? I i hate it and i wouldn't touch it with the 10 foot pole tim carmen becoming a bot fighter. Shout out is computer share.

Legit, do you use it? It is legit. I do not use it is our slash place, just an online quilt making community pretty much dakota pretty much uh. Someone asked what are my bearish targets on jimmy. I don't have bearish targets because i'm not playing it to the downside and my bullish targets are the moon.

What if it was a nine foot, pole ah isaac? I might think about it, then, at that point, but other people can change it and you can only oh okay of how yeah. So the way this is working is basically you get to change like one little pixel. You could change the color of like one individual. One and you get these colors, you just pick it and then obviously other people can pick it as well.

So it's kind of as soon as you pick one and color it you're frozen for five minutes from a coloring, an additional one. So, that's why it's basically big big communities that are like kind of dominating a space and obviously you have to have a bigger and bigger community to dominate a larger and larger space. So, like we have a big like french scene going on over here we have this guy, just some pretty cool stuff. Whatever this is, there's some really really cool ones.

I, like him, here's actually the moon target for gme in the very very top right, a little astronaut with the moon, and this is the green bar going into it. I think it's pretty pretty cool, there's a lot of wild stuff on this. Some of them are like really really good, like crazy good is fidelity good broker. I use fidelity for my like retirement account and i haven't had any issues with it.

If you dig enough into any brokerage, you can find some like skeletons in their closet. I don't really think many brokers are here, for their client is, isn't amc in a wedge just learning 100 uh, you have some lower highs, some higher lows, definitely a wedge and we're looking for the breakout, ideally above 23.40. How do i participate? You just go over to our place on the the subreddit place. P-L-A-C-E.

It ends at midnight et, so it basically has about 8 hours and 15 minutes left amc popping on the one minute yeah amc's looks like it might have a little bit of a bullish push in the final 10 minutes of the day. What else do we have? What else do we have amazing move to the nasdaq today yeah? So the nasdaq is a particular exchange that you could be listed on pope and it was previously um. It's like you know, in the wolf of wall street when they were trading like the otc stocks. Like these, it's like the pink sheets.

It's the gray market um. It's moved up to the nasdaq, which is considered to be a little bit more respected of an exchange. They have harder requirements to be listed on that exchange. So, typically, that's meant by bullish action to go from like the otc market up to the nasdaq and it's typically bearish, where you can actually get demoted out of the nasdaq.

Thank you elon for that 12. 748 percent gain today. That's ridiculous um. So the biggest tesla gain i'm seeing of the day is the 50 strikes that expire on friday.

They gained 11 000 percent. How insane is that 11? 000? Absolutely ridiculous! That's the best gainer! I can see on twitter right now, the 45s wild 11. 000. That's just absolutely eleven ridiculous, imagine being so lucky to have picked that up before elon went complete ham on buying up twitter, or at least he must have already been buying it.

At least the announcement of it. That's over nine thousand, that's over nine thousand amc and gme amc green on the day, amc, gme, green on the day uh. I always have a tough time finding the green dot emoji. We are popping in the clothes i like that.

I like that. Oh brother have amc's cost to borrow. I don't think it really much matters because it hasn't been moving. It's like two or three percent, two or three percent and um 2.86 on amc's cost to borrow and that one really hasn't been budging.

Much has not been budging. Really at all spy popping into clothes, i like that. I locked that a lot remember my first target is 458 and then what was my next one? I kind of forget it 458 followed by 462, and then my reach target is 472 and remember. My risk is right here at 446..

Oh, wait! No! No 449! The recent low friday's low is my risk, i'm risking whatever this is it's all about that risk and reward amc currently up: one percent gme up currently 3.7 and the spy up a blistering 0.8. What other questions let your questions rip? We have about eight minutes left. How did my gme calls turn out? Uh, i'm still in them because they didn't expire and i'm i was back to break even and right now, i'm down one percent, so pretty much break even on my, and it makes that, like i'm at the money, i'm at mine we're for the 170s hello matthew. How was the weekend, it was great.

I appreciate you asking got a little bit of sun so now i have like a. I don't know i like a farmer's tan. So that's a fun development in my life. They call me farmer's tan mat from there.

You can't really see it because the lighting is too damn good in here, but got myself a farmer's tan. So that's exciting and that's what i've been doing with my life. So i was happy to be in the sun. I haven't had vitamin d in a hot minute, so that was cool.

I went to the gym on sunday. Well, i went on saturday and sunday and sunday was the day. I wanted to cry. Uh yeah.

I definitely definitely wanted to cry on sunday matt. The farmer course you know i, during the summers growing up, i worked on a farm, and that was quite the experience and i found out that cows are more afraid of me than i am of them. So i would say it was not only a job but a an educational experience that has stuck with me for many many years at least the past decade. Here i was not knowing that cows are big scaredy cats, but they really are cornfield course cow dangerous.

I went cow pushing once you know. I know there's this whole thing about cow tipping, but i'm going to let you in on a little secret cow tipping's, not real, but matt. Why is it not real cow's sleep like laying down like it would be cow rolling? If anything, and then even if they were awake - and you just wanted to push a cow over they're too skittish, they would never let you near them. Unless it's like, pinned like or something like that, like this concept of cow tipping, i don't know who started it, but i don't think they've ever been around a cow because they don't sleep standing up and you can't really get near them.

So you can't really cow tip just wanted to throw that out there. This is false prop again about cow. Tipping, just wanted to share that with all of you. Cows are as fast as usain bolt um.

They are actually pretty fast. I try to chase one down once and it was a quick moving thing also. Cows have like best friends within the herd and also just so, you know if you have more than 12 cows, it's known as a flink um, so within a flink cows like they have good buddies, just like they, they create friendships, and then they get all sad. If they're, not by their friend cow tipping, is real as people from montana, it's not real.

That course is a cow cow. Tipping, isn't a thing they sleep laying down and two would break every rib on their side. Yeah. You wouldn't brandon knows what he's talking about.

So i think we all learned a little something today, a little bit about cows, a little bit about spy options. This is a full-fledged education. There's no reason for anyone to go to school anymore, you're, going to learn everything you need here at moon, gang academy. We went over how options react to time, depreciation and time decay, and we also learned that you can't tip cows, and you also learn that honeydew, sucks and cantaloupe is, by far on a relative comparison, a superior fruit like what else do you need parents out there? I strongly suggest you consider not sending your children to school, whether high school or college, and you just let them watch this stream throughout the day they're going to be at a better place in life.

But can you put a count in dark pool now you can actually do that. That's a good question. They do go into dark pools. How much do i tip a cow 15? I always tip my cows.

20 percent falls on into his life. Oh man, oh man. You guys, you guys, have i considered musk melon the spy. Well, we were getting really going there for a second twitter, unfortunately not holding all of its gains, but still up a blistering 27.

It's custom to tip cows with dogecoin. Do cows have eyebrows. I actually don't know they probably have eyelashes. I don't know if i've seen cows with eyebrows i'd have to think matt.

We making a new amc spot on our place. What's the location i can shout it out and give everyone the coordinates and pineapple doesn't belong on pizza trigger warning. You've triggered me by saying that i think it does belong on pizza. I just want to clarify all right.

The bell is about to go ding any ding, ding ding. You have about 30 seconds left and i'm just calling that out for anyone who's battling with pattern day training if you're trying to sneak a trade in right. Ah, right before close today, you might want to get and do that 13 elder josh thanks matt for all the insight you're like like i really you're like i need to know about count tipping, i'm happy. I can help.

Are you joining the cast of miami vice? I want to, but i haven't gotten a call back yet all right. Three, two one ding any ding, ding ding, the casino is closed. Folks, that is it oil trading at 103.50, the spy gained point nine percent just below four six. 457.

The queues are up. Two percent they crushed it. The small cap sector, did struggle today, amc green on the day, jamie green on the day. Obviously, twitter green on the day, a tyrion green on the day, lots and lots of green, and i hope you were able to capture some of it.

The people in locals who crushed it with spy. Well, that's what they did. They crushed it with spy. So, overall, a pretty pretty fun, exciting start to the first full week of training in april.

Here's the dealio i'll be posting some clip content. Vod content like filmed extra videos later on today, on both this channel and on crypto course. Then i'll be posting some tic tacs, you can watch them at shorts on youtube or just straight up on tick, tock or i'll, also put them on myspace and then i'll be back tomorrow bright and early 9am, and i hope you might be there. You know i.

I don't know if i even wanted okay, i might or might not end up at the bitcoin conference down in miami, so i want to call that out that later on this week there might be a disruption to the schedule, but it's not confirmed yet. So i don't want anyone to panic and i know like right away you're like what do you mean another week without your full schedule, it might be i'm very much unsure, but as soon as i know i'll, let all of you know uh and then we would All know together, so that's the plan once again do not forget to check out public. It is pinned to the top of chat, but obviously one of the exciting things of the day was twitter and there's actually a little bit of a specialty thing going on about this. So, if you're curious about the whole twitter situation, when it does mean what it doesn't mean and, more importantly, how you can make money on it that will be fully discussed on the true trading group free stream, it's just another youtube stream.

I just posted the link in chat. I spammed it against my own rules. I'll also put it over here in rumble and i'll also throw it up on twitch. Follow that link it's at it's in about it's in 28 minutes it is 100 free, it's just another stream.

You literally just click play, and you can learn about uh over at ttg. You can learn about their thoughts on how to ideally make some money, not only in the overall market for what's going on, but also particularly this twitter thing so check that out, i just dropped the chat, um or the link in chat. Thank you. Thank you.

Thank you. I appreciate all of your time. You guys are absolutely the best always bring in the good vibes. I will catch you later on today and then, if not i'll catch you tomorrow morning, bright and early have a bea beautiful day catch you later,.