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All right, folks. In Friday’s video I did a recap on how I traded the E Mini s&p did not trade the E Mini s&p outright but I traded the E Mini s&p weekly options that expired on Friday now also told you that to come back and show you how I did this in crude oil futures. So there was a few levels I was watching on crude oil coming into Friday into the morning session. And one of those areas was right here that area was at one 1305 to 113 10. It was an area of interest that I was looking to short the market. Now this is all taught in the Titan trader playbook or Titan trader Bootcamp on why I was looking at these levels and how you could actually trade them. And here’s basically where that short triggered and where I entered the market now, you could obviously done a few things you could have sold crude oil futures, you could have bought put options or sold call options, or went into uso or traded some ETF. What I did is I traded Crude Oil Futures options that is options on crude oil futures. And I traded traded the weekly expiration. So you can see here we’ve got different expirations. I traded the contract that expired on Friday. So that actual day. Now this is one of my favorite trades to do on Friday, especially when we have heightened volatility. So what I did is sometimes I will trade the futures. But on Friday, where we have the option expiration, I will like to trade the options as well, because I know that if I’m trading in a key level or using my methodology that I am at a higher probability turning point in the markets. And so when we trade it into this area at one 1305 113 10, I was interested in becoming a seller. So what I did is I went way out here, volatility was high obviously volatilities ramped up because of the new situation in eastern Europe. But I was able when when crude oil was at 113, I was able to come out here and sell the 117 call options. For 45 cents. This is actually me right here selling the high of this contract, I sold it 45 cents 45 cents is just traded just like it is in the in the futures markets $10 a tick. So I’ve collected $450. And you can see what happened next, the market came all the way down from 113, all the way down to 110 40. So if you were trading futures, that might have been a almost a $3,000 move for you. But because of the market coming down into the afternoon, knowing that that expiration is going to expire that afternoon, it was rapidly losing time value as well as intrinsic value. So I was able to buy that back here at two. So this here again is me buying the market back at two. So 45 minus two is 43. I netted 43 cents or $430 per contract. Now that is just one way that I like to trade, futures and futures options especially on a Friday when we have high volatility. Now get invited to present at the April wealth 365 summit. There’s going to be over 60 speakers providing different education, multiple worth hundreds of 1000s of dollars of prizes. It’s going to be a great event. I’m gonna go and hyperlink you to this page right here so you can claim your free ticket seats will fill up fast. All you got to do is put in your name and email address and I look forward to seeing you there
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