WEBVTT - Study Hall: Understanding Stock Options Trading: An In-Depth Breakdown 0:00:01.360 --> 0:00:03.640 This episode is brought to you by P and C Bank. 0:00:04.000 --> 0:00:06.760 A lot of people think podcasts about work are boring, 0:00:07.000 --> 0:00:10.840 and sure they definitely can be, but understanding a professionals 0:00:10.920 --> 0:00:14.160 routine shows us how they achieve their success little by little, 0:00:14.560 --> 0:00:18.200 day after day. It's like banking with P and C Bank. 0:00:18.680 --> 0:00:21.480 It might seem boring to safe plan and make calculated 0:00:21.480 --> 0:00:24.599 decisions with your bank, but keeping your money boring is 0:00:24.640 --> 0:00:27.960 what helps you live or more happily fulfilled life. P 0:00:28.080 --> 0:00:32.879 and C Bank Brilliantly Boring since eighteen sixty five. Brilliantly 0:00:32.960 --> 0:00:35.600 Boring since eighteen sixty five is a service mark of 0:00:35.600 --> 0:00:38.840 the PNC Financial Service Group, Inc. P and C Bank 0:00:39.280 --> 0:00:42.000 National Association Member FDIC. 0:00:44.600 --> 0:00:45.279 Erness What's Up? 0:00:45.360 --> 0:00:47.839 You ever walk into a small business and everything just 0:00:47.960 --> 0:00:51.159 works like the checkout is fast, the receipts are digital, 0:00:51.680 --> 0:00:54.640 tipping is a breeze, and you're out the door before 0:00:54.680 --> 0:00:58.840 the line even builds. Odds are they're using Square? We 0:00:58.960 --> 0:01:01.520 love supporting business that run on Square because it just 0:01:01.560 --> 0:01:04.800 feels seamless. 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That's 0:01:40.200 --> 0:01:45.640 Square dot com backslash, go backslash eyl. Don't wait, don't hesitate. 0:01:45.760 --> 0:01:48.160 Let's Square handle the back end so you can keep 0:01:48.160 --> 0:01:49.400 pushing your vision forward. 0:01:51.800 --> 0:01:57.680 Troy has become a stock market analysis wizard of sorts 0:02:00.000 --> 0:02:03.680 and he's had a tremendous track record with stock options, 0:02:03.680 --> 0:02:10.040 specifically leaps and even short term options as well. And 0:02:10.200 --> 0:02:13.160 we haven't had one of these like actually breakdowns in 0:02:13.160 --> 0:02:15.440 a while. You've done it on tour a few times, 0:02:15.520 --> 0:02:18.440 but a lot of vast majority people. 0:02:18.200 --> 0:02:19.880 Were not at one of our tour stops. 0:02:20.560 --> 0:02:22.799 So what percentage I'm going to cut you off a shot? 0:02:22.840 --> 0:02:24.880 But what percentage did that cost him by not going 0:02:24.880 --> 0:02:25.280 to the show? 0:02:25.919 --> 0:02:26.240 How much? 0:02:26.639 --> 0:02:29.400 So that's the thing, Man and I'm happy that. Uh, 0:02:30.000 --> 0:02:32.640 we we're back in uh the four front of things 0:02:32.800 --> 0:02:33.840 to speak. 0:02:34.040 --> 0:02:38.080 Hit the like button please and share free in for me. 0:02:38.440 --> 0:02:41.960 This could potentially change your life, no. 0:02:41.919 --> 0:02:45.079 Cap, especially if you're listening and not complain. No cap. 0:02:45.800 --> 0:02:46.600 All facts. 0:02:46.680 --> 0:02:48.840 So we got we got purposes by saying Wednesday, we're 0:02:48.840 --> 0:02:51.320 gonna have a full you want the first. 0:02:51.280 --> 0:02:53.680 Let's go through the presentation first, and then we'll say 0:02:53.680 --> 0:02:56.880 it later. Let me orchestrate the show. No, no, because it's 0:02:56.919 --> 0:02:59.560 more of a preview touches, let me produce the show. 0:03:00.480 --> 0:03:03.680 And oh you know, you know Mike Divbi right now, Okay, 0:03:03.680 --> 0:03:04.640 I won't spoil it either. 0:03:05.080 --> 0:03:08.200 Yes, ah man. So it's been a minute. 0:03:08.280 --> 0:03:10.120 I'll be honest with you, it's been a long while 0:03:10.200 --> 0:03:12.840 since we had an opportunity to sit back and really 0:03:12.880 --> 0:03:16.960 teach about trading and about options tradings. 0:03:16.560 --> 0:03:17.400 To be specific. 0:03:17.720 --> 0:03:17.840 Uh. 0:03:18.000 --> 0:03:20.760 And so we're going to give you a little preview 0:03:21.040 --> 0:03:23.600 of how we're going to stop moving forward, especially with 0:03:23.800 --> 0:03:24.480 Yo University. 0:03:24.639 --> 0:03:26.520 Especially I was at the forefront of. 0:03:26.480 --> 0:03:31.600 It because it's important, right, Like people can understand how 0:03:31.639 --> 0:03:33.400 to create a brokerage account. 0:03:33.520 --> 0:03:35.920 Some people have understood how to trade. 0:03:35.680 --> 0:03:39.440 Equities, and that's great, but most people, especially over the 0:03:39.440 --> 0:03:41.640 past five years of trying to figure out how can 0:03:41.760 --> 0:03:44.360 we make money trading options, because that's what they see 0:03:44.400 --> 0:03:48.680 all the percentages, And we have to say we have 0:03:48.720 --> 0:03:53.839 the purpose it by saying trading has considerable risk risk, 0:03:55.280 --> 0:03:59.720 but trading options has even more so of a considerable risk, 0:04:00.080 --> 0:04:04.120 all right, And so we're going to preface it about 0:04:04.240 --> 0:04:05.560 some of the things that you know we're going to 0:04:05.640 --> 0:04:07.960 be talking about over the next couple of weeks. So 0:04:07.960 --> 0:04:10.600 the first thing is what are options contracts? And it's 0:04:10.680 --> 0:04:12.760 very important that you understand the difference between the two. 0:04:12.880 --> 0:04:14.520 Right, the options contract. 0:04:14.240 --> 0:04:19.840 Is really the oblig not the obligation right, but the 0:04:20.600 --> 0:04:24.000 right to right. So you're not obligated to buy a share, 0:04:24.160 --> 0:04:25.200 but you have the right to. 0:04:25.839 --> 0:04:28.760 And so each contract is worth one hundred shares. 0:04:28.800 --> 0:04:30.520 And so when people are talking about I want contracts, 0:04:30.520 --> 0:04:33.200 I want contracts, I want contracts, that's really the equivalent 0:04:33.240 --> 0:04:34.919 of one hundred shares. So if you see somebody with 0:04:34.960 --> 0:04:37.200 one contract, that's equal to one hundred. If you see 0:04:37.200 --> 0:04:40.080 somebody buying two contracts, they have the right to buy 0:04:40.160 --> 0:04:42.719 two hundred shares. Now that doesn't mean you have to, 0:04:43.160 --> 0:04:45.480 and we'll break down that even further when you talk 0:04:45.520 --> 0:04:48.560 about exercising. But I want people just to understand that, right, 0:04:49.120 --> 0:04:52.080 first thing you got to realize is that it's really 0:04:52.160 --> 0:04:55.440 a predictable type situation. Right, So when you're talking about options, 0:04:55.440 --> 0:04:59.279 you're talking about the predictability of a stock moving north, 0:04:59.560 --> 0:05:03.600 right a pre or moving south, depreciation depreciating. And when 0:05:03.600 --> 0:05:05.640 we're talking about moving north, we're talking about a call. 0:05:05.760 --> 0:05:07.160 Right. So if I make a call. 0:05:07.360 --> 0:05:10.880 I'm making a prediction saying that the stock equity is 0:05:10.920 --> 0:05:13.640 going to move upwards or it's going to move downwards, 0:05:13.680 --> 0:05:16.000 which would be a put. And so most times you 0:05:16.000 --> 0:05:18.520 see people saying that they made this money and if 0:05:18.520 --> 0:05:20.000 they had a call, so you see the word call 0:05:20.040 --> 0:05:21.560 in front of it, that means they said that the 0:05:22.279 --> 0:05:26.360 equity was going to move up a certain amount during 0:05:26.360 --> 0:05:29.480 the specific time, and a put would just mean the opposite, Right, 0:05:29.520 --> 0:05:32.560 So if the equity moves down in that specific time, 0:05:33.080 --> 0:05:35.440 money is going to be made or lost. Now, there's 0:05:35.440 --> 0:05:37.000 a couple of things aside it that you have to 0:05:37.040 --> 0:05:38.400 figure out, and that's. 0:05:38.200 --> 0:05:39.040 The strike price. 0:05:40.160 --> 0:05:43.719 So the strike price could be anywhere in the range 0:05:43.760 --> 0:05:47.560 of ten to one hundred dollars of the actual equity, right, 0:05:47.640 --> 0:05:49.920 So if we take a company like Apple and you 0:05:50.240 --> 0:05:53.839 spoke very well, very well about it trading at one 0:05:53.920 --> 0:05:56.400 hundred and seventy five dollars, Well, if I ask you, 0:05:56.960 --> 0:05:59.480 do you think in the next two years Apple can 0:05:59.640 --> 0:06:03.000 raise is price target to one hundred and eighty dollars, 0:06:03.000 --> 0:06:05.200 most people would probably say yes. 0:06:05.279 --> 0:06:06.760 If you agree, yes, put yes. 0:06:06.800 --> 0:06:08.560 And the home run, Yeah, that's a home run. 0:06:08.600 --> 0:06:11.200 That's a home run, right, Yeah. 0:06:10.520 --> 0:06:12.000 Even two of five is a home run. 0:06:12.000 --> 0:06:13.680 Right, So that would be a call, right, And there's 0:06:13.680 --> 0:06:15.560 a there's a premium that comes with that, so you 0:06:15.560 --> 0:06:18.360 have the you're buying that number. In the event that 0:06:18.440 --> 0:06:22.080 it goes up, you make money. Now, if you're a 0:06:22.080 --> 0:06:25.000 pessimist and you think that Apple won't do that in 0:06:25.040 --> 0:06:27.960 that frame timeframe, right, then you would make a put. 0:06:28.000 --> 0:06:30.760 And if that number goes down, then there's also money 0:06:30.760 --> 0:06:32.440 that can be made, and it's a premium that it's 0:06:32.480 --> 0:06:33.760 get paid. 0:06:33.960 --> 0:06:36.640 So most people don't realize this is how it works. 0:06:36.720 --> 0:06:39.080 Right When I'd say one hundred and seventy five dollars 0:06:39.160 --> 0:06:41.560 is what Apple the actual equity costs. 0:06:41.839 --> 0:06:42.880 That's not what you're. 0:06:42.720 --> 0:06:45.400 Paying when you're buying an option contract. You're actually looking 0:06:45.480 --> 0:06:48.080 at the bid and the ass right. And so when 0:06:48.080 --> 0:06:49.479 you think of bid and ass, I want you to 0:06:49.480 --> 0:06:51.719 think like when you're going to buy a car. The 0:06:51.800 --> 0:06:53.440 bid is what the deal is going to tell you 0:06:53.520 --> 0:06:54.119 the car costs. 0:06:55.480 --> 0:06:57.960 Right. The ass is what the deal is going to 0:06:57.960 --> 0:06:59.839 tell you what the car costs. The bid is what you're. 0:06:59.680 --> 0:07:02.320 Willing to and so's negotiating the price. 0:07:02.800 --> 0:07:06.479 It's a negotiation process. So these margins are where the 0:07:06.480 --> 0:07:08.800 brokerages make a lot of money. And most people have 0:07:08.920 --> 0:07:11.320 no idea high they make the money, but this is it. 0:07:11.560 --> 0:07:13.200 Right. So if I wanted to buy the. 0:07:13.160 --> 0:07:16.360 Contract and it was a one hundred and eighty dollars 0:07:16.360 --> 0:07:19.160 strike price and it cost me two dollars, they're gonna say, 0:07:19.200 --> 0:07:23.280 all right, I'm going to charge you. I'm gonna charge 0:07:23.320 --> 0:07:27.880 you two seventy five for it. And so that margin 0:07:27.920 --> 0:07:29.600 is where they're gonna make their money. Now it's not 0:07:29.680 --> 0:07:33.040 two seventy five. Actually, it's gonna be moved. You're gonna 0:07:33.040 --> 0:07:35.080 have to actually move a decimal point across, so it 0:07:35.120 --> 0:07:36.760 really becomes a two hundred and seventy. 0:07:36.480 --> 0:07:38.400 Five dollars per contract situation. 0:07:38.840 --> 0:07:40.760 And so you have to know this still, which is 0:07:40.760 --> 0:07:44.240 a still right, Right, These are hypothetical numbers. Right, so 0:07:44.840 --> 0:07:46.560 before we do anything, we need to know all the 0:07:46.560 --> 0:07:49.760 parameters of that. Right on top of that, we're gonna 0:07:49.760 --> 0:07:52.960 have to figure out how to find contracts that make 0:07:53.040 --> 0:07:55.080 sense because some of them are overvalued. 0:07:55.160 --> 0:07:56.000 Right If I if you. 0:07:56.040 --> 0:07:59.200 Look at Nvidio contracts right now, you probably say to yourself, 0:07:59.200 --> 0:08:01.400 all right, these are two expensive for me is a suicide. 0:08:01.480 --> 0:08:02.240 I can't afford this. 0:08:02.400 --> 0:08:05.640 I can't And they probably are right because in video 0:08:05.680 --> 0:08:09.200 as you see, has trended north for the past six months. 0:08:09.720 --> 0:08:13.360 It hit an all time high today is trending toward 0:08:13.560 --> 0:08:17.320 one thousand dollars, which is incredible, and so it becomes 0:08:17.360 --> 0:08:20.760 a higher premium based on the trend of the actual equity. 0:08:21.400 --> 0:08:24.120 So we're going to figure out how to use undervalue contracts, 0:08:24.160 --> 0:08:26.880 and there's a very unique system that we use to 0:08:26.920 --> 0:08:29.240 figure that out so that we always have the wind 0:08:29.280 --> 0:08:31.320 built in anytime we buy in the contracts. And then 0:08:31.360 --> 0:08:34.280 the last piece of what I've been doing with trading 0:08:34.320 --> 0:08:36.800 options is I've been using AI and it's probably been 0:08:36.840 --> 0:08:39.199 one of the same way that you hear Shotty talk 0:08:39.240 --> 0:08:42.400 about using AI in terms of media and Ian using 0:08:42.440 --> 0:08:43.840 it in terms of media. 0:08:44.360 --> 0:08:46.319 I'm so bad. I think it is bro I'm. 0:08:46.200 --> 0:08:48.160 Using it in terms of trading, and so one of 0:08:48.200 --> 0:08:50.480 the things I found is like, look, there are plenty 0:08:50.480 --> 0:08:53.640 of experts that are analysts and they get paid hundreds 0:08:53.679 --> 0:08:56.880 of thousands of dollars to do their job. I said, 0:08:56.920 --> 0:08:59.360 that's great. All I need to do is find out 0:08:59.440 --> 0:09:03.280 where they're reporting, take their report PDF and have my 0:09:03.360 --> 0:09:07.600 good friends over AI or chat, GBT or any of 0:09:07.679 --> 0:09:10.920 the ones that can actually decod PDFs and tell them 0:09:10.960 --> 0:09:11.600 to summarize it. 0:09:11.640 --> 0:09:13.240 I prompt them to exactly what I want. 0:09:13.679 --> 0:09:16.719 At some points, I'll say, hey, give me an experted 0:09:17.080 --> 0:09:19.560 target price for the next six months, and it'll do that. 0:09:20.280 --> 0:09:23.640 If I do that over six seven experts, now I 0:09:23.679 --> 0:09:25.760 have a great consensus. 0:09:25.600 --> 0:09:27.319 You have a good great media and strike yep. 0:09:27.440 --> 0:09:29.920 I can figure out what they're thinking based on the 0:09:29.960 --> 0:09:31.840 research that I'm doing, and now that gives me a 0:09:31.960 --> 0:09:34.240 nice target to find out where I'm going to put 0:09:34.240 --> 0:09:34.959 my strike price. 0:09:35.200 --> 0:09:35.400 Right. 0:09:35.440 --> 0:09:39.040 So all these things are what we're doing to evaluate 0:09:39.120 --> 0:09:40.960 how we're going to trade our options. 0:09:40.600 --> 0:09:42.920 Right, because it's a delicate process. 0:09:43.400 --> 0:09:45.920 It is a sensitive process, but it could be a 0:09:46.040 --> 0:09:47.280 very rewarding process. 0:09:47.679 --> 0:09:50.200 And when we do that, we get results. 0:09:50.320 --> 0:09:53.079 Now I'm not one and you know this, and y'all 0:09:53.120 --> 0:09:57.199 probably notice I'm not one too, gallavan. 0:09:56.880 --> 0:09:58.040 And talk about results. 0:09:58.240 --> 0:10:00.920 But if we're going to show results, figured, this is family, 0:10:00.960 --> 0:10:04.120 this is market, mondays, my earner is at hand. Let's 0:10:04.240 --> 0:10:05.959 let let's let's go through the scoreboard or some of 0:10:06.040 --> 0:10:09.080 these results, because not only are we talking about trading 0:10:09.120 --> 0:10:12.480 equities and trading options and telling you, hey, these are 0:10:12.480 --> 0:10:14.120 the things that we're looking at, and now we're actually 0:10:14.160 --> 0:10:16.280 implementing these things and winning. 0:10:15.960 --> 0:10:18.440 Before before you're showing the results. 0:10:18.840 --> 0:10:20.960 Great, great production membershod, go ahead. 0:10:21.720 --> 0:10:24.880 Explain the AI play just like you did in Chicago. 0:10:26.040 --> 0:10:26.400 All right? 0:10:26.480 --> 0:10:28.920 So or should it be kept for university? 0:10:29.360 --> 0:10:32.720 No? No, no, just no no, trust me. Okay, all right, 0:10:32.800 --> 0:10:36.760 this is valuable. I love y'all. I love y'all. I 0:10:36.800 --> 0:10:39.000 love y'all so so much. Man, I love y'all so 0:10:39.000 --> 0:10:39.319 so much. 0:10:39.440 --> 0:10:41.440 His hot work, and I kind of just broke it 0:10:41.440 --> 0:10:43.600 down a little bit. But I'll give you dead specifics, 0:10:43.760 --> 0:10:46.160 all right. So I look at the company like HubSpot, 0:10:46.440 --> 0:10:48.080 I look at the Shark, I look at this trend. 0:10:48.640 --> 0:10:50.880 I'm looking for the support resistance over the past year. 0:10:50.880 --> 0:10:53.360 I'm looking at support resistance over the last six months, 0:10:53.440 --> 0:10:54.520 I'm starting to see trends. 0:10:54.559 --> 0:10:57.960 I see it in Salesforce, I see it in CrowdStrike. 0:10:58.240 --> 0:10:59.880 I'm starting to see that there was a rise during 0:10:59.880 --> 0:11:02.120 the pandemic, there was a great pullback. It's almost like 0:11:02.160 --> 0:11:03.720 a perfect mountain, and then we're starting to see a 0:11:03.720 --> 0:11:04.280 climb again. 0:11:04.920 --> 0:11:06.680 So all right, let me. Let me start figuring out 0:11:07.280 --> 0:11:08.960 how we can take the advantage of this. 0:11:09.040 --> 0:11:11.760 And so I look inside the HubSpot, look at well 0:11:11.880 --> 0:11:14.000 all the experts are. I figure out where the institutional 0:11:14.040 --> 0:11:15.640 money is going first, the retail money. 0:11:15.800 --> 0:11:17.640 And that's important because I want to know where. 0:11:17.600 --> 0:11:19.800 Institutional investors are putting in their money, because that's why 0:11:19.840 --> 0:11:20.520 I want to put mine. 0:11:20.880 --> 0:11:21.040 Right. 0:11:21.080 --> 0:11:24.400 So if I see eighty percent of the equities owned 0:11:24.400 --> 0:11:27.840 by institutions black Rock, Vanguard, you can I mean a 0:11:27.960 --> 0:11:29.160 number of institutions. 0:11:29.360 --> 0:11:31.360 I'm all right, this is something that they're invested in, 0:11:31.480 --> 0:11:32.200 especially in tech. 0:11:32.280 --> 0:11:35.640 I need to be behind that. I take their expert opinions. 0:11:35.760 --> 0:11:38.560 I download the PDFs now. These PDFs are fifteen to 0:11:38.559 --> 0:11:40.079 twenty pages. Now, if you have the time to. 0:11:40.040 --> 0:11:41.880 Read it, great, feel free. 0:11:42.840 --> 0:11:44.600 We got to maximize our time, and I think that's 0:11:44.600 --> 0:11:46.800 one of the best things benefits of having AIS that 0:11:46.800 --> 0:11:51.320 you can actually maximize sown. So download the pdf, put 0:11:51.320 --> 0:11:54.040 it in anthropic, which is a great AI two. Claude 0:11:54.120 --> 0:11:58.160 two is their version of chat GBT prompt it, Hey, 0:11:58.559 --> 0:12:01.040 I need you to summarize this. Give me the strike, 0:12:01.240 --> 0:12:04.840 give me the price target, and give me the guidance 0:12:05.040 --> 0:12:06.400 the four guidance for the next year. 0:12:07.640 --> 0:12:09.840 But then hit return on it. 0:12:10.160 --> 0:12:15.160 Within ten seconds, I've got an entire page layout of 0:12:15.520 --> 0:12:18.800 everything I just asked for. My God, that's pretty cool. 0:12:19.240 --> 0:12:22.120 Let me go find another expert prompt the same thing. 0:12:22.240 --> 0:12:25.360 And now I'm creating my own database from those experts 0:12:25.400 --> 0:12:29.559 who actually spend hours, have more tools, have more. 0:12:29.440 --> 0:12:31.440 Resources, have a bigger network. 0:12:32.000 --> 0:12:34.440 Now I'm just compiling all the information that they have 0:12:35.160 --> 0:12:37.760 option she cheat and now I'm just creating my own 0:12:37.800 --> 0:12:40.240 formula to figure this thing out. I'm like, well, well, 0:12:40.960 --> 0:12:43.320 this is how AI really should be used. Let's maximize 0:12:43.320 --> 0:12:45.800 our time, let's become more efficient. And so I'm saying 0:12:45.760 --> 0:12:48.000 to myself, perfect, this is exactly what I'm gonna do. 0:12:48.440 --> 0:12:50.560 And so we did this in Chicago. It was like 0:12:50.720 --> 0:12:52.880 really the first test, and before I even presented, I 0:12:52.880 --> 0:12:54.640 spoke to Ian about it. I'm like, have you ever 0:12:54.679 --> 0:12:56.720 heard anything like this, and he was like, no, but 0:12:56.720 --> 0:12:58.640 I should have thought of it. I wish I would 0:12:58.640 --> 0:13:00.320 have thought if I'm not gonna lie, And so I 0:13:00.320 --> 0:13:01.840 told him, said, yeah, I'm gonna go for it tonight. 0:13:01.880 --> 0:13:03.800 I'm doing it with this company House Spot. Let's see 0:13:03.800 --> 0:13:07.440 how it goes. And from that moment we did that 0:13:07.480 --> 0:13:10.559 show October twenty second in Chicago. 0:13:11.160 --> 0:13:11.400 Yep. 0:13:11.640 --> 0:13:14.400 Spot was trading at four to ten, and I think 0:13:14.440 --> 0:13:16.000 when I closed out the position, I actually put it 0:13:16.000 --> 0:13:17.160 in the slide in one of my results. 0:13:17.200 --> 0:13:18.400 I think it closed out. 0:13:18.240 --> 0:13:22.240 At five ninety five ninety so we're talking I mean, 0:13:22.559 --> 0:13:25.319 and that's just percentage on the equity. So the actual option, 0:13:25.400 --> 0:13:27.040 I think I closed out at maybe three hundred four 0:13:27.120 --> 0:13:29.640 hundred percent, something crazy like that. But that was just 0:13:29.720 --> 0:13:32.960 using technology, using the research, using knowledge that I already had, 0:13:33.080 --> 0:13:35.280 right because we always talk about hey, I can make you. 0:13:35.880 --> 0:13:37.400 It's not going to make you smarter, but it can 0:13:37.559 --> 0:13:39.640 enhance intelligence. And this is one of those things like 0:13:39.640 --> 0:13:43.800 I already have the actual knowledge base to do trading, 0:13:43.880 --> 0:13:45.800 but now I'm like even more enhanced because now I'm 0:13:45.840 --> 0:13:48.040 even more efficient because the information plus. 0:13:47.880 --> 0:13:52.720 Network is much more vast. I was that that was good, 0:13:52.760 --> 0:13:55.240 Thank you, appreciate you. All right, let's show this results. 0:13:55.520 --> 0:13:57.760 Let's do some results. Man, Mike, where you are you 0:13:57.840 --> 0:13:58.040 got me? 0:13:58.120 --> 0:14:01.080 Mike? You know or not? 0:14:01.160 --> 0:14:03.320 Just there we go? Yeah, yeah, I mean we're not 0:14:03.360 --> 0:14:05.320 just talking about it. So when we talk about Microsoft, 0:14:05.320 --> 0:14:06.280 when we're talking about all. 0:14:06.160 --> 0:14:08.800 The things that they're doing with AI, I mean, these 0:14:08.840 --> 0:14:10.480 are calls that we're putting in. And so when we 0:14:10.520 --> 0:14:12.920 talk about leaps, that means we're going from a year 0:14:12.960 --> 0:14:14.040 to two years out. 0:14:14.160 --> 0:14:15.720 And so this call I probably. 0:14:15.400 --> 0:14:20.240 Put in maybe June of last year, but you're starting 0:14:20.240 --> 0:14:21.360 to see some of those returns. 0:14:21.400 --> 0:14:22.760 So two hundred and seventy six. 0:14:22.800 --> 0:14:25.200 Now most people are going to say, well, how much 0:14:25.240 --> 0:14:27.840 money did you make? And my thing is like, I'm 0:14:27.880 --> 0:14:30.240 never one to tell you about the money, because the 0:14:30.280 --> 0:14:32.440 money is great, right, and of course we're going to 0:14:32.480 --> 0:14:33.840 make money, and that's what we're doing is for. 0:14:34.560 --> 0:14:36.440 But the percentages are more. 0:14:36.320 --> 0:14:40.520 Important to me because we all start at zero, when 0:14:40.560 --> 0:14:42.360 I don't have a call, when I don't have a contract, 0:14:42.440 --> 0:14:44.840 we all start at zero, right. We may not start 0:14:44.880 --> 0:14:46.960 at the same amount that we're investing, and that's fine. 0:14:46.960 --> 0:14:48.840 I don't want to discourage anybody. You should use what 0:14:48.880 --> 0:14:51.720 you have to invest, right. I don't want you to 0:14:51.800 --> 0:14:54.800 putting the entire life saving life savings and into tried 0:14:54.880 --> 0:14:55.600 and trade options. 0:14:55.680 --> 0:14:58.400 No, I want you you should never put more than 0:14:58.400 --> 0:15:01.760 ten percent. Please off your PORTFOLI absolutely. 0:15:01.360 --> 0:15:06.360 That's my personal that my personal long term ten options, and. 0:15:06.640 --> 0:15:08.040 That's it's extremely important. 0:15:08.080 --> 0:15:10.160 So the percentages is so much more important to me 0:15:10.560 --> 0:15:13.440 because again everybody starts at zero percent, and what you 0:15:13.560 --> 0:15:16.240 do and when you do it is important will determine 0:15:16.240 --> 0:15:18.880 how your account's gonna look anyway. So this is one 0:15:18.920 --> 0:15:21.360 of our first ones. Microsoft we're into twenty twenty five. 0:15:21.400 --> 0:15:22.960 We alread where's Microsoft training at Ian? 0:15:23.440 --> 0:15:25.840 You got your things? Yeah? 0:15:25.880 --> 0:15:30.040 So Microsoft is that for fourteen fourteen, So we're. 0:15:29.880 --> 0:15:32.920 Way past the strike price this this call is probably 0:15:32.960 --> 0:15:33.520 gonna go up. 0:15:33.560 --> 0:15:35.280 I mean, at the rate that the market is moving. 0:15:35.320 --> 0:15:37.400 By next year, I can see it's going up to 0:15:37.440 --> 0:15:38.280 four fifty eight. 0:15:38.600 --> 0:15:41.160 Yeah, might keep going. Actually, I got it, I got it. 0:15:42.160 --> 0:15:45.000 Oh you skip mine right? We here, we talked about 0:15:45.040 --> 0:15:45.840 Lily all the time. 0:15:45.920 --> 0:15:46.240 Lily. 0:15:46.560 --> 0:15:48.400 Yeah, we're gonna go into this a little bit more. 0:15:49.320 --> 0:15:52.320 Another one looked at the research, saw the earnings was coming, 0:15:52.560 --> 0:15:55.440 and I'll show you a site that we're using to 0:15:55.480 --> 0:15:59.040 figure out how the earnings are being projected. Another one 0:15:59.320 --> 0:16:03.520 saw Lily was traded a little bit under six seventy five, 0:16:03.680 --> 0:16:04.920 so I took a little bit of it. 0:16:04.960 --> 0:16:07.280 Again, well, this was a price of your call. But 0:16:07.360 --> 0:16:08.920 look look at the returns, and this is something that 0:16:08.960 --> 0:16:11.160 we've done within the last month. Let's let's just keep rolling. 0:16:11.160 --> 0:16:11.880 I'm gonna keep rolling. 0:16:12.480 --> 0:16:14.560 Let's so let's go so sm We talked about Semis 0:16:14.560 --> 0:16:17.000 all the time, right, we love Semis, love Semis, love Semis. 0:16:17.120 --> 0:16:19.200 Why are we not investing in ETFs? Why are we 0:16:19.240 --> 0:16:21.920 not investing in ETFs option calls? Here's a perfect example 0:16:21.920 --> 0:16:23.720 of one hundred percent. Now most people are saying, oh 0:16:23.720 --> 0:16:26.840 my gosh, well it's only it's only one hundred percent. Yeah, 0:16:26.840 --> 0:16:29.320 but where else are you getting one hundred percent in 0:16:29.400 --> 0:16:31.680 less than four months? Less than two months? All right, 0:16:32.200 --> 0:16:35.360 so let's keep rolling, Let's keep rolling. We told you 0:16:35.360 --> 0:16:39.160 about cloud there, spelled it out for you. 0:16:38.520 --> 0:16:42.120 You did, We did, we did. We did another one 0:16:42.440 --> 0:16:45.520 and this is more of a short term option call. Now. 0:16:45.960 --> 0:16:47.360 At the end of the year, when we asked what 0:16:47.400 --> 0:16:50.800 would our companies for the year, specifically said TSM is 0:16:50.800 --> 0:16:52.440 the one I'm looking at It's one of my favorites 0:16:52.960 --> 0:16:55.360 because I know the infrastructure and how much is needed 0:16:55.440 --> 0:16:57.760 in the And when we're talking about technology, right, if 0:16:57.760 --> 0:17:00.680 we're talking about semis and we're talking to a video 0:17:01.200 --> 0:17:04.359 who is a number one provider for TSM all companies 0:17:04.400 --> 0:17:07.360 run through them. They make seventy percent of the world's semichips. 0:17:07.600 --> 0:17:09.199 Of course I have to have a call on them. 0:17:09.280 --> 0:17:11.560 But I want you to make a quick distinction, right, 0:17:11.600 --> 0:17:13.200 because not only do we have calls. 0:17:12.920 --> 0:17:15.000 In them, we own the stock. 0:17:16.560 --> 0:17:19.160 You see like that in video there's no call there, 0:17:19.840 --> 0:17:22.200 there's no call, there's no expiration date. 0:17:23.000 --> 0:17:23.959 That is the stock. 0:17:24.800 --> 0:17:27.520 So I own the stocks of these companies, and so 0:17:27.640 --> 0:17:30.200 what is the strategy. I own the stock and then 0:17:30.240 --> 0:17:30.800 I own the. 0:17:30.800 --> 0:17:33.840