Power Hour Live Trading 8-18-26

Hey, [music] it's the end of the day. Almost time for the bell. How many options will you sell? Fire [music] up your platform. Get ready to enter. But first, let's get the mindset center. Hey. Hey, let's go. [music] We're not here to gamble. We're here to trade. We follow the plan. That's how we get paid. Test it, trade it, have success. Find what works [music] for you and forget the rest. Stats and probabilities is what we're about. Time to dismiss [music] greed and doubt. Focus on the process, not the money and the [music] profits, we'll flow like honey. Power our lives. Let's start the show. Come on, trade hackers, get ready to go. Zero day options. [music] Time to make bank. Get locked and loaded, then be ready to blank. Hey, [music] hello everyone. Welcome to Power Hour Live. Today's August 18th on a Tuesday. Uh quick audio video check. Discord Discord has been a little fussy lately. Make sure you can hear my voice. See my screen. Okay, good. Thank you. Thank you all. Uh S&P's down 51 points. NASDAQ is down 525. Russell's down 37. Dow is down 107. NASDAQ the weakest down about 1.75%. Most of that came with the gap down. In [snorts] fact, the S&P has had a 16point range today. Crazy crazy tight range. Gold's down 1.3%. Silver is down three and a half. Notes and bonds are both a little bit green. 10-year yield down a quarter percent. Oil's up less than a half percent. Natural gas up almost three and a half percent. Uh soybeans, wheat, and corn all finished red. Euro and the pound are flat. Bitcoin is up a little over half percent. VIX up 3%, 15.65. [clears throat] As far as my trades today, I took [clears throat] one day trade in Coinbase, small size. Uh, it was a loser. I was trying to get short under previous day low. I hit one profit target, but then it pumped, so I cut out of that pretty early for a small loss. Um, British iron condors are green. No double stops. Fed had quite a few one-sided stops, but I've got a couple of tanches open. One, two, three tanches open that could still potentially pin up about 1,200 or so right now. Uh, did a couple adjustments to my time fly. Those were posted in the option selling trade channel. What else do I have here? Oh, my one DTE Iron Condor. Uh, that is up about 27%. [clears throat] Let's see. I could transform that right now into a downside vertical is the direction I would go if I did it. But I think I'm just going to let it go. Just hopefully book some profits unless we continue to fall here. But I think I'm just going to hold it. That'll close out at the end of the day. Uh, I did a hedged iron condor. I forgot to put it on yesterday. So, I put it on right at the open [clears throat] and with this tight movement was basically sitting under the iron condor portion. So, I just kind of scaled out of that. I've got a risk-free rick. For max profit, I would need about a 30 per 30 point down move, but not expecting that. But, I've got a minimum profit of 655, max of 5655. I did a BU earnings calendar. BU is getting slapped around. It's down 13%. So, that one's in the red. I was actually when it was down about six or seven% this morning. I was It was right on the break even. I didn't do anything with it. So, now it's now it's red. I'm just going to hold for now. Uh, Home Depot. I also did a a uh neutral earnings calendar and it hasn't barely moved. So, I closed half of that at about 20ome percent. I'm going to hold the other half. And that's about it for me today. Noel, you got 30% on your 1DT. Nice. Yeah, if we get a little I mean a tiny bounce. Yeah, I'm at 30% right now with this little bounce. [clears throat] Excuse me. Grab a drink. Cut something in my throat here. Ah, there we go. There we go. Biggest movers today on the green side. Ulta is up five and a half%. Adobee's up four and a half. Lulu up four. Netflix is up three. Netflix is was strong all morning and then it's kind of leveled off. Biggest red B. I mentioned SNDK is also down 10%. Uh SKH Highix is down 10%, Nebius down eight, MU down eight, Intel down seven and a half, AMD down five, MSTR is down almost five. S&P keeps bouncing off of this kind of right below pre-market lows. Like I said though, S&P about a 16point range all day from top to bottom. I did just push out some uh couple new updates on the fluxinator. If you didn't have a chance to see that yet, I'll do a quick 90 second overview. Uh I just added a couple of new drop-down strategies. Um instead of just vertical, I I split that into two. So I put vertical sell and vertical buy. So if you rightclick below the current price and you do vertical sell, that's going to sell a put spread. If you rightclick below price and say vertical buy, that's going to buy a put spread at the strike that you right click on. And then same thing to the upside. If you click above price, that's going to do the call spreads. If you sell a call sell vertical, that's going to sell a call spread. If you buy, it's going to buy a call vertical spread. Then I added the duck, iron duck. And so what I did is I have it just defaulted to the set criteria like I teach in the course. And I I default it to a 14 DTE. And you can of course change the strikes, change the contracts, change the DTE, whatever you want. Uh then the other thing I did was on the risk graph, you know, before when you would hover it would show that little highlighted yellow circle and it would show the the strike. Added a few things in this little data box. So it shows the strike, it shows the delta, shows the mid price of that strike and it shows the implied volatility. Then, of course, if you click and drag, all of those things update as well. That's not an actual strike. That's why it's looking all funky. An unavailable strike, I should say. Uh, and then I added a news tab. So now on the news tab, you've got an economic calendar. You've got a Why is this not updating? You've got the live news feed from Financial Juice, or you're supposed to. It's been working all day. Now all of a sudden it looks like it's cut off. But that should be working. Not sure what's up with that. I don't know if juice the juice is having some issues, but anyway, got the live news feed from Financial Juice. Uh you've got the top daily movers, so the top 10 uh movers to the upside, top 10 losers. Then you've got the fear and greed index. If you don't know what that is, there's a little drop down arrow that gives you all the history and details of what that is. So those were the updates today. You know there uh Financial Juice did have a the ability or they have [snorts] the the voice deal. I tried it but it it just didn't work. like you could it worked from a standpoint of you could you could click it and turn it on but then you couldn't turn it off unless you like closed out the tab and reopened it. So it was just kind of a it was kind of a pain. So I just removed it. Uh it'll be you know I mean financial ju I tried to get an answer on this a while back and I never could but with the actual financial juice um I'm on the I'm on the paid version. I'm on the Pro, but there's also an elite version. And it says the elite, which is 99 bucks a quarter. It says the It says you have to have the elite to have the real time, but I get it real time on the Pro, so I don't I don't know. And I and when I moved to Pro, I didn't really notice a difference in the time from the free version either. So, I don't I don't really know. I mean, it I mean, the voice guy says it pretty immediate. Yeah, exactly, Joey. Yeah, I think I think I think it's just they haven't they haven't done it correctly or something. But I don't know why my news feed is now stalling. Anyway, I'll have to figure that out after the bell. What about you guys? Did you guys do anything good today? Any good trades? Well, pumping out some bicks, some small elos. Nice. These premiums are just are so small. Let's see. My last trunch was which is at 1:33 p.m. Central 10 wide on a $2 strike, which is pretty normal in Lovall. SPX is currently at O. I bet that Momes is going to get to two bucks early today. Let's see. Yeah, it's already at a buck 60. Yeah, just in time. midway or whenever I the day that I started downsizing on my becks is the day that they took off. [laughter] [gasps] They've been great. Let's see. I think it was like July 13th is when I decided to downsize. Check my stats. Yeah. So from July 13th through yesterday, my bicks are up 26K and that's doing half size. So I'd be up 50 50 plus K had I stuck with the same position size. just happens. That's trading. It's like it's a it's one of the few guarantees of trading. You downsize, you win. You size up, you lose. Just how it works. Did you jump your size back up, Elliot, or do you you still staying small? Oh, you did increase it. I gotcha. Nice. I have not updated my templates to do that. SPX just chopping around 7700. All right. So before the open tomorrow, we've got target if anyone's interested. Tar has exceeded the expected move 40% of the time over the last five years. The gap up gap down uh at tomorrow's open. It's gapped up seven of the last 20. Gapped down 13 of the last 20. has some nice post earnings drift if it exceeds its expected move either up or down over the next seven and 30 days. Uh, let's see what the old options look like on target. Let's see on the three-day options at the money calls about 20 cents wide on a $150 stock about 30 cents wide. Uh 15 to 20. Yeah, a little bit wider on the put side. volume in the hundreds and thousands of on each strike. So, pretty pretty good liquidity. I think what I will do, Moel, is I'm going to do a calendar spread, but I'm going to just go slightly bearish since since you're telling me to go bearish. The expected move is 11 bucks. It's currently trading at 153. I was going to do the 150 strike, but let's see here. Oh, they got dollar wide strikes. Okay. So, let's I'm going to do the I'll do the 145. Yeah, I like that. Oh my go straight up putts. Straight up long puts. Threeday 145s. You're going out of the money. You don't care about any ball crush. You're going straight hardcore bear. I like it. Try to get filled at a buck 34 on this calendar. No fill. How about a buck 37? Nibbling partial. One nibble. All right, I'll let that sit for a minute. What do you mean your post's getting deleted? There you go. Filled the rest of them at a buck 37. >> [laughter] [gasps] >> You're making imaginary post now. Oh yeah, you did get moderated, Moel. There's a I got a post in my private mod thing says attempted to send spam messages. Who are you spamming, Moel? There is a setting where if like somebody like keeps posting posting like rapid fire posting like some people like to say like two words and then finish their sentence on eight different lines and there's like a slow mode setting but it's off in this chat I just checked. So, I'm not sure why you got not not sure why you got flagged. You must be you must have a reputation. All right, we got about eight minutes till this is a day where you probably don't want to trade in my homes. Yeah, exactly. Nor we have a few of those guys. I got a few members who like to DM me. One sentence will be like 18 posts. So, I have like a little red 18 like, "Oh my gosh, I'm getting a lot of direct messages." Oh, it's just one person and it was two sentences. It's trying to keep you from revenge trading on MUL, I think, is what it is. The 77 butterfly 7700 was trading at a buck 80 minutes to go. We do have uh FOMC meeting minutes tomorrow afternoon which is typically a nothing burger but with Mr. Worsh new at the helm. Never know. There could be a surprise. Surprise come out in the meeting minutes. That comes out at 100 p.m. Central tomorrow. Never fade a superstar, AJ. Never fade a superstar. AJ, did you figure out your time fly? Do you understand what I was saying that analyze the fills, not the legs that toss shows? Okay, cool. Yeah, because if you overlap strikes or you close some, then toss doesn't reflect what you've closed. So, you have to you have to analyze the the actual filled orders. All right, 5 minutes till MOC. Let me turn on the juice. Trump considering granting Canada tariff reprieve. Okay, Trump's starting to soften up to our Canadian friends. Where's Jan? Jan's not in here. Anybody? Any other Canadian friends in here? Even the Trump posts couldn't even move the market today. The other Redline news event I see on Financial Juice today, Anthropic PreIPO credit facility set to exceed $10 billion target. Anthropic's preIPO credit facility is expected to surpass its $10 million target. They put that on there twice for some reason. Anthropic is asking lead banks to lend around 1.25 billion each. Other major participating banks are being asked to provide about 1 billion each. We're going to have a new a new toy to play with, a new ticker later this year, couple months. >> [snorts] >> SPX little dip down to 97. What happened, Mo? Too much tequila the night before. Margaritas, salty margaritas. I like it. All right, SPX heading towards the bottom of its 16point range. 1 minute till MOC. One minute now until we get the market on close imbalance. >> [snorts] >> 10 seconds. Markets on close imbalance. The S&P 500 a buy side of 376 million. NASDAQ 100 a buy side of 881 million. Dow 30 a sell side of just 3 million. MAG 7 a sellside side of 17 million. >> Tiny buy side. My one DTE could use a little bounce into the close. It's currently at 33%. The O butterfly looks like it's trading for 220 215. Moel, you're in. I'm going to get in late. Try to get three bucks or nothing. I've got some looks like some 95 puts, some 90s or my closest big puts. Prefer to keep those intact. Yeah, you'll see that sometimes. It's like the uh the strike above always tends to be a little bit more pricey. Sometimes even when it's closer to the strike below, the price of the fly will be higher on the upper one. All right, we're below dipping below 95. What if we chop in a 16point range all day and then drop 35 points to hit the lower expected move in the last 5 minutes? Could happen. Yeah, the 95 is not even trading for two bucks and we're at sitting at 96 under 96. Six. There's 94 into the 93s. hitting new lows of day. Expanding that range. 17 point range now. VIX popping up to 15.78. I'm going to go for 250 on the 95 one lot. All right, my 1DTE just closed. 25.7%. filled at 250 on the 95s. Rolling with a one lot today, my friends, just for fun. just because Mahomes likes to get in the game. SPX sitting at 93. in the 92s. VIX is about mid-range while the S&P is at lows of day. coming up on the two minute mark right at right at break even basically order filled and I just got hit on my 95 bits. back up to 93. Keep dancing, Nor. Keep dancing. Actually, stop dancing. It's not working. It's going the other way. Back up to 94. 95. One minute. right at 95 with 30 seconds. 96. Back to 92. It's getting jumpy. Okay. Okay. 90. 5 seconds. Stay down a little bit. Oh my goodness. Auto counter, please. And it looks like it's going to settle in for a scratch. A one lot scratch. Small winner. >> Order cancelled. >> Got a $54. 76.91.97. Oh yeah, cuz I got filled at 250. 7691.97. All right, all that is a wrap for the day. I'll see everybody in the morning day trading live at the market open back for power hour. Maybe maybe more movement tomorrow. We'll see. All right, have a good day all. Oh, nice nor nice pin. Take care. Have a good night.