The Bulls Are In The Drivers Seat - Market Outlook (Ep. 26)

The stock market experienced a strong, rally-driven week from April 6 through to April 10, 2026, driven by a potential U.S.-Iran ceasefire easing geopolitical tensions, which caused oil prices to plunge.  A reported two-week pause in the Middle East conflict spurred a massive "risk-on" rally early in the week.  On the news of the ceasefire, oil prices experienced their biggest one-day decline since April 2020, which took some pressure off inflationary concerns, though oil saw some volatility late in the week.  Major indices saw significant gains for the second consecutive week, with the S&P 500 up about 3.6% and the Nasdaq leading with a 4.5% gain, despite a pullback on Friday due to hotter-than-expected inflation data.  

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Transcript

SPEAKER_00 0:11

Welcome to this week's edition of Market Outlook. I am your host, Derek Taylor, also known as DT. Market Outlook is a weekly podcast where I take a look at last week in the market as well as previewing the week ahead. I will also share with you some potential options trades that I think are interesting for this week. But first, what were the major stories in the stock market this past week? So last week we saw the stock market experience a strong rally-driven week. We saw this mainly driven by the potential US-Iran ceasefire, which eases geopolitical tensions quite a bit. And that caused oil to really plunge, especially the day after the ceasefire was announced. We saw a steep decline in oil. A reported two-week pause in this Middle East conflict, it spurred a massive risk-on rally early in the week. Risk-on meaning people want to take more risk. They're getting out of safe things like cash and bonds into more speculative kind of assets like tech stocks and cryptocurrencies. You know, that's what I like. I like to be in a risk-on market. That's where the money gets made. You know, the risk-off kinds of markets, they tend to be the markets where there's a lot of fear, a lot of uncertainty. And a lot of times you're just kind of in a wait and see kind of pattern in those types of markets. And we've been in a risk-off market for about the last three or four months. We've kind of been in this market that just didn't want to do much of anything. And I think now maybe we have reached a point where we're making a turn. The major indices all saw significant gains for this week. And this is the second week in a row we've seen big gains in the index products. The SP 500 was up about 3.6%. The NASDAQ was up 4.5% this week. That is just huge weeks in those indices. And that is despite a little bit of a pullback on Friday, we had a CPI report on Friday that was a little hotter than expected. And of course, the CPI is inflation data. And inflation fears are worrying this market a little bit, but it just worried the market just a little bit on Friday. In fact, even though the SP 500 finished down slightly on Friday, if you were actually paying attention to the ES futures because they don't close for another hour on Friday, that extra hour of trading in the afternoon in the ES futures, the ES was actually slightly green by the end of its trading session. Consumer discretionary, communication services, and technology were among the top performing sectors this week, while energy was really the only sector to see significant negative returns due to the falling oil prices. Obviously, as oil comes down in a big way, many of the oil-related companies are going to see their stock go down. The AI-related stocks, though, they saw significant gains this week, and that was really driven by some optimism regarding AI compute demands and infrastructure spending. So this tech rally, that really, especially with the Nasdaq, it led the way to Nasdaq really outperforming this week. Now, for me personally, I think these last two weeks of gains in the SP and the NASDAQ, they possibly signal a change in sentiment. For the last three to four months, I was very concerned about this market. I started putting on a lot more neutral to bearish trades rather than bullish trades. I'm mostly somewhat of a perma bull, right? But in the last three or four months, it was rare for me to put on a bullish trade of any kind. I was mostly neutral to somewhat bearish in my trading. But now I think it's time for me to swing back the other way. And I'm going to start adding positive deltas now on what I hope is a market that wants to rally in a big way, possibly rally in a big way the rest of the year. That's what I want. That's what I need. Because the first quarter of 2026 was horrible for me and my PL. While I managed to play the stock and the indexes well, because again, I wasn't necessarily leaning long the market. So when the market traded sideways to down the last three or four months, I was okay for that. But I got caught up on the wrong side of the silver trade at the beginning of the year, and I got caught on the wrong side of this oil trade when the conflict in the Middle East started off. So I suffered some pretty big losses in silver and oil at the beginning of the year. And I need to make up some ground. I've got some catch up to do, but I'm cautiously optimistic about the future, especially in regards to the stock market. So let's jump into the charts and see what the major indices did last week. Let's start with the SPX, the S P 500 index. And if we take a look at the close of SPX the previous week, which actually was a Thursday because Friday that week was a good Friday in the Easter weekend. And that uh, of course, was a stock market holiday. So if we look at close of Thursday, two Thursdays ago to the close of the market this past Friday, we see a gain of about 234 points. That is a 3.6% gain over that week. So a very strong week in the SPX. If you're looking at the screen here of my EMA ribbon here, so I've got some exponential moving averages. They were in a clear bearish trend for the last several weeks. And then the strength of the last two weeks, these EMAs are starting to cross back over into a more bullish signal. And that is why I am cautiously optimistic and why I'm thinking about starting to seriously add more positive deltas, putting on more bullish trades, you know, selling more puts now rather than selling, you know, strengths, you know, which are neutral trades and sometimes just selling calls to add bearish trades on the way down. Now I need to flip back over and get back on the bull side, right? And I need to start selling puts or buying calls or selling put spreads, buying call spreads. I'm gonna start adding those positive delta trades now. The NDX, which is the Nasdaq 100 index, also saw a very strong week. We take a look at close uh Thursday, two Thursdays ago to close of this past Friday. We saw a gain of around 1,070 points, right? Just a huge gain in the NASDAQ. That is a 4.5% gain on the week. If we look at the RUT, the RUT RUT, that is the Russell 2000 index, that saw a gain of around 100 points, which is a gigantic move in the Russell 2000. That is a 4% gain in the Russell. So the small caps, which were greatly hurt by the oil prices and rising inflation because oil is coming down, in many cases, that's going to help the small caps even more than the mega cap stocks. Because the mega cap stocks, they can withstand a lot of pain. The small cap companies can't really withstand that kind of pain for very long. So that's why the Russell had a very good week this week. DJX, which is the Dow Jones index, saw a gain week over week of around 3%. So that's not a bad week for the Dow as well. And then finally, the last index I want to take a look at is the volatility index, which is of course the VIX. This is the volatility of the SP 500. And if we zoom out a little bit, you can see we were in a very bullish trend here in the VIX for several months. For about four months, VIX was clearly stair stepping up, up, up, and away. And all of a sudden, in the last week, things have clearly changed. We saw a drop in the VIX of around $4.60 in the past week. That is a 19% drop in volatility in one week. That is a huge volatility contraction. And for those of us that are primarily short options traders, you know, I sell more options than I buy, and short options greatly benefit from vol contracting. So this huge contraction in volatility was very profitable for those of us that were primarily selling options. So let's take a look at what some of the major market sectors did last week. Let's start with those that underperformed quite a bit. Let's start with the only major market sector that had a negative week. So the market obviously very strong. 3.6% up move in SPX, 4.5% move in NDX. You would think every sector would be up. Well, every sector but energy. If we take a look at XLE, XLE finished the week down around 4% on the week, and that was because of oil dropping in a significant way due to the ceasefire as far as US and Iran. Because of that, oil plunged, and when oil prices plunge, a lot of energy-related stocks also drop. And there is some correlation between oil prices and the energy stocks. So that is why XLE had a negative week. But there's a couple of other sectors that I also think underperformed this week because, again, the stock market was very strong. But XLV, which is the healthcare sector, really didn't do anything. If we take a look at what it did in that one-week time span, it finished the week up about 0.3%, basically an unchanged kind of week in healthcare. So definitely underperformed the other sectors. XLP, which is consumer staples, also underperformed a little bit, but consumer staples is more of a risk-off kind of sector, right? This is a defensive sector. When the market's doing bad, consumer staples outperforms. When the market's doing good, consumer staples typically underperforms. And that's what happened this past week. Consumer staples was up 0.6%. But again, yes, many of these sectors that we're about to talk about were up 4%, 5% on the week. So healthcare, consumer staples underperformed quite a bit, and energy was really the only negative sector. So let's talk about the sectors that had great weeks. And really, this week was all about tech. Tech drives the way up. When the market's doing good, when everybody is in that risk-on kind of mindset, they load up on tech stocks. I mean, that's just what drives the market. And XLK, the tech sector ETF, had a gain of 4.9% on the week, just a monster move in the tech sector, which is on waiting, the largest sector of the major indices anyway. So if tech is having a great week, the market's having a great week. Another sector that really had a good week, XLI, which is the industrial sector, had a huge week. It's finished the week up 4.7% on the week. XLY, which is consumer discretionary, which does tend to do well in a risk-on environment. It tends to outperform when the market's doing well. When the market's not doing well, consumer discretionary tends to underperform. But the last two weeks have been good. So XLY had a gain of 4.4% this past week. Let's take a look at XLRE, which is the real estate sector. Real estate, which if I zoom out, let's zoom out for like the last year. You can see there has been some two-sided action, some swings up and down. But for the most part, real estate really is traded in a range dating back to the beginning of 2025, so more than a year ago, right? In the last 15 months, it has really stayed in quite a uh a nice little range. Uh we had some big swings though the last couple of months. We had a really huge jog down uh as the market was melting down because of the Iran conflict. But the last two weeks, as the market has rallied, real estate has rallied nicely. This past week, real estate was up 3% on the week. Moving over to retail XRT, which is the retail sector ETF, this saw a gain of about 2.8% on the week. This was another sector that was badly beaten up as the conflict in the Middle East heated up. You can see these EMAs were uh folding over, right? They were bending over into a bearish signal. And now the last two weeks, you can see some of the EMAs are starting to cross back over into a bullish signal. Let's move over to materials. XLB is the materials sector, ETF, and the materials sector saw a gain of 3.1% on the week. XLC, which is the communications sector, also had a nice week. There are some crossover with the communications sector and the tech sector. Some of the big mega cap tech stocks like Meta and Google are also a part of this sector. So XLC, because of that, saw a gain of about 2% on the week. XLF, which is the financial sector, also had a gain on the week. It saw a gain of around 2.5% on the week, and the financial sector has been badly beaten up. If we go back to the very first of the year, that was pretty much the high point of XLF. And it has done nothing but stair-step down the entire year of 2026 until the last two weeks, it is starting to curve back up. So I don't know if uh this is a break in the pattern, if XLF is now ready to rally the rest of the year or not, but I am cautiously optimistic. We'll know more about this in the upcoming week because this next week, the new earnings cycle ramps up, it starts. And what is the first to report earnings on every earnings cycle? Well, it's the big banks. They are among the first stocks to begin reporting. We're gonna get a lot of big banks reporting earnings this week. So uh pay attention to what is going on in XLF this week. A matter of fact, these are a great way to play earnings. You know, sometimes if you don't want single stock risk, but you want to play earnings for something like a JP Morgan or a Goldman Sachs, sometimes you could just buy or sell shares of a XLF, you know, a financial sector ETF as a sort of proxy way to play those earnings events. Finishing out the sector ETFs, the last major sector to talk about, XLU, the utility sector, finished the week up 1.3% on the week, and then a couple of industry ETFs. Let's talk about biotech, XBI, because this has been a very strong industry for the last several months. It's had a huge run up. This past week, though, really didn't do too much. XBI, the biotech sector here, was up about 0.4%. And then finally, XHB, which is the home builders industry ETF. Home builders had a huge week. This was up 5.7% on the week. So uh good job, home builders. Let's take a look at what some of the megacap tech stocks did this past week. And I'm just gonna go in alphabetical order of a list that I have here, a watch list I have inside my Tasty Trade platform. Let's start with Apple. Apple, despite the strength of the market, Apple was up 1.8%, which is a positive week. But some of the other tech stocks we're about to name uh had gigantic up moves. So a 1.8% gain. It's a gain, but it's not the gain that the next stock in the list had. AMD. Let's talk about AMD because I've been trading AMD. I've been trading AMD with strengths and I've been getting killed on the call side because if you're looking at the chart, this is just an insane last two weeks in AMD. This past week, we saw a move up of around 27, 28 points, you know, 28 bucks. You know, so that's a huge move. That is a like a 13% up move in this stock. So AMD, uh, what I'm gonna have to do, my strangles are working out because volatility has been coming in as the market goes up. So even though I'm losing on Delta direction, you know, I'm winning on volatility Vega. So uh eventually, though, what I need to do on my strangles and AMD, because I have to keep rolling, I rolled the strangle six times to defend it. Uh, what I need to do is I I need to get out of trying to be directionally neutral and trying to play both sides of this market. This is one of those things where I mentioned earlier I need to start putting on more uh bullish trades, more positive delta trades. I need to get out of the short calls of that strangle and just play this with short puts and ride the wave up because AMD clearly wants to go straight to the moon. Speaking of another stock that wants to go to the moon, Amazon. Amazon had a very similar week to AMD. This finished the week up around uh 28, 29 points. That is around a 13%, 14% increase in one week in Amazon. I don't have an Amazon play right now, so luckily I didn't have any short calls on it when it made this gigantic move up. But man, Amazon, uh strep a rocket, you know, call it Artemis 3, right? Because this thing is definitely mooning. Let's move over to AVGO, which is Broadcom. Broadcom uh looked at AMD and Amazon and told them, hold my beer, because Broadcom saw an increase of 18% on the week. Again, I don't have a uh position in AVGO, luckily. If I had short calls, I'd be a very sad boy. Moving over to Coinbase, this is one of the few of these tech stocks I have in the list that had a negative week. Of course, Coinbase is more related to crypto. Crypto had an okay week, obviously. Uh we'll talk about Bitcoin and Ethereum, but now that we're in a risk-on environment, crypto actually saw positive gains on the week, but Coinbase did not. Coinbase finished the week down around 2.1% on the week. Quickly moving through some of the rest of the megacap tech stocks, Google saw a 7.3% gain on the week. Meta, which has been badly beaten up here in the last few months, meta actually saw a pretty nice gain of around 9.6% this past week. Microsoft was one of the underperformers, so we haven't seen uh anything that had a negative return yet other than Coinbase, but Microsoft's the first big tech stock, and it is kind of an AI-related name as well. And AI saw big gains this week, but Microsoft finished the week down around 0.7%, kind of a nothing week for Microsoft, even though we saw a four and a half percent increase in the NASDAQ. You know, really that's not a good sign for Microsoft. Microsoft has been a very sad stop, right? If you look at its chart, this thing does not look healthy. It does not look good. I'm gonna take a look at MU Micron, because Micron this past week also had a nice gain of around 15% on the week. Netflix has kind of turned a corner recently. It's starting to trend back higher after you know a really sharp decline over several months. In the last couple of weeks, Netflix has turned around. It's up four and a half percent this past week. Palantir, which I am playing, Palantir saw a huge down week on some news. People are shorting it, and you know, uh it's just it was down 14% on the week. And I picked the absolute wrong time to actually sell a put in this thing. I needed some bullish deltas, right? I needed some positive deltas. So I'm thinking, let me go find a tech stock to sell some puts on. And Palantir was the one I chose, and it was trading up here when I sold that put. And that was, I guess, when the bad news happened, and because this thing dropped like a rock. Uh just a huge decline, right? And this thing dropped like, oh, it must have dropped like 25 points in two days, right? Right after I sold that put. So I can actually show you the position. I sold the put. And then immediately I had to start selling a call against it to defend the put. And then I rolled the call I sold on the way down already. You know, I'm having to roll calls down on because of this just violent down move. So already I'm looking at a nasty negative PL on this Palantir trade. Now it's a very new trade, and I've got time on it. Plus, it's an options position that is in May, which is a 34 DTE trade. A lot of times I could also do this position in June, which is somewhere around 65 to 70 days. So I could actually roll this out in time, which would give me more credit. I could spend that credit to actually make this a proper strangely, or, you know, potentially uh some other trade, you know, if I wanted to do something uh more bullish now that it's made even a bigger move down. But what I'm thinking about doing is just keeping the strangle on. And, you know, if I end up taking shares of Palantir at 125 a share, I don't hate running the wheel on Palantir. Palantir has great IV. It's a high IV stock, always has good IV. I could take shares, I could sell covered calls against the shares. So what I'm thinking about doing is just, you know, keeping the strangle on. But hey, if this put keeps going against me, I'm not worried about it. I'll take the shares. The last of the big mega cap stocks I want to talk about is Tesla. Tesla was another one, one of the few stocks that actually had a negative week. Tesla finished the week down around 3.2%. Tesla kind of looks like the chart of Microsoft. If you look at Tesla's chart, it's a stair step down for several months. This does not look like a healthy company, right? If you're looking at the stock chart, you're thinking man, this company's in deep duty. Uh, it doesn't look quite as bad as Microsoft. Microsoft's chart looks like death. You know, Tesla just looks like, you know, something that's very sick, right? It's not dead yet. Microsoft looks like, hey, you know, go ahead, throw some dirt over it, it's done. But Tesla, Tesla's getting there pretty quickly. Uh if something doesn't change soon in Tesla, you know, I would be concerned if I was holding shares. Let's briefly talk about some of the futures and commodities. So this week was all about oil. Let's take a look at USO, which is the crude oil ETF. And if I zoom in, here in the last week, you can see that crude oil definitely saw a sharp drop. And then this here was Tuesday, and this was Wednesday. So after Trump Tuesday night announced that the US and Iran had agreed to a ceasefire, you can see this gigantic drop in crude oil. So that was good, right? So USO was down around 9.5% on the week, and that was really what spurred the rally. In the market. Natural gas saw a decline also this week. Netty gas is not as big of a news event right now, but nety gas, if you're playing it, was down 5.1% on the week, with both oil and gas having big down weeks, obviously that way down the energy sector. Moving over to crypto, let's take a look at ETHA, which is the Ethereum ETF. ETHA was up 9.1% on the week. So huge move in Ethereum. If we take a look at iBit, which is the Bitcoin ETF, it is essentially the same kind of chart. It was up 9.5% on the week. So both Ethereum and Bitcoin, they've been trading in a range. They've been trading sideways for the last two and a half to three months. And I'm hoping that they're at the top end of this range now. If we can get a breakout, if we could finally break out of this range and start trending back higher, this might be another thing that I jump in on the bullish bandwagon. I might load up on some iBit shares, or I'd like to play it with options, maybe some short puts, or even some long calls. Let's move over to the metals and take a look at GLD, which is gold. Again, uh, because of the risk on environment, people are starting to you know jump into some riskier assets, and gold had a nice week. Gold was up 1.8% on the week, but as nice a week as gold had, it was not the week that silver had, because silver was up 5% on the week. This is SLV, the silver ETF. For those that play the currencies, the dollar saw a sharp decline this week, which is to be expected as the market rallied, as some of the fear and uncertainty came out of the market, the dollar dropped a little bit in price. We saw a decline here in UUP, which is the dollar index ETF. We saw a drop of one and a half percent, which is a pretty nice move. If we move over to some of the other currency ETFs, FXE, which is the Euro. If the dollar is down big, the Euro should be up big. So the dollar was down 1.5%, and the Euro, conversely, was up 1.8%. Kind of makes sense. FXB, which is the British pound, is another big component of the dollar index, the British pound. And the British pound had a nice up week, uh week of 1.9%, and then finally FXY, another component of the dollar index. This is the Japanese yen. The Japanese yen basically unchanged on the week, slightly up, up about 0.2%. And the last futures to talk about, we'll take a look at TLT, which is the ETF of bonds. This is the 20 plus year Treasury ETF. Bonds really didn't go anywhere this week. If anything, they finished the week down about 0.2% on the week, kind of a nothing week. We actually move over to the futures products themselves, take a look at ZB. You can see close of the Thursday, two weeks ago, to close of this past Friday, we saw uh a slight decline, but for the most part, it was kind of a sideways uh action for those five trading sessions. So let's talk about earnings this week because we do have a lot of earnings to talk about. So the new earnings season is about to start, and this week it's mostly about the banks. The banks start everything. So before the bill on Monday, GS Goldman Sachs reports. Now, you can't trade Goldman Sachs for earnings unless you already had a trade on because it's reporting before the bill on Monday. So if you're not in it, you can't play it. You should have put on a trade uh Friday, this past Friday, to play it for Monday morning. But Goldman Sachs is before the bell on Monday. After the bell on Monday, nothing of note reports. Tuesday before the bill, we have JP Morgan, BlackRock, Citigroup, Wells Fargo, Carmax, and Johnson ⁇ Johnson all reporting before the bill on Tuesday. Tuesday after the bill, nothing of note. Wednesday before the bill, we have Morgan Stanley, Bank of America. We have MTB, PNC, and ASML all reporting earnings. And then Wednesday after the bill, we have JB Hunt, that's ticker JBHT. That's a transportation company. Not a sexy name, but I mention it just in case you want to pay attention to what the transportation sector is doing. Then Thursday before the bell, we have Taiwan Semiconductor, TSM, reporting. We have Schwab, we have BK, and uh Pepsi also reports earnings before the bill on Thursday. Thursday after the bill, we have one of the big tech stocks, Netflix reports earnings. That's really the only big tech name. Well, Taiwan Semiconductor also, but Netflix kind of the big tech name this week. It reports after the bill on Thursday. Alcoa ticker AA also reports after the bill on Thursday. And then Friday before the opening, we have some mediocre financial plays. We have uh Fifth Third Bank Corp. We have uh Regions Finance and Ally Financial also reporting before the bill on Friday. So let's talk about some trade ideas for this week. Well, we talked a lot about some of those earnings, right? So I mentioned uh the big tech name was Netflix this week. What could you do in a Netflix? Well, for me, I think Netflix is starting to trend higher, but volatility is really good. We've got an IV rank of 53. We've got an IVX of 40% in the May 15th cycle, and that's gonna be around a 33-day cycle. You know, what I'm gonna do as an example trade, let's sell a strangle. That's kind of my go-to, especially if I don't have a directional assumption. And IV's decent, right? A 53 IV rank's pretty good. Let's sell a 16 delta put and a 15 delta call. That is a 196 credit on a buying power reduction of around a thousand bucks. So you get $2 credit on a buying power reduction of $1,000. That's really nice as far as risk reward, the risk uh, you know, the buying power, you know, that's tied up in the trade versus the reward, the $2 credit. For me, I like the trade. The pop is 76%, the P50 number is 89%. And for strangles, I always manage them at 50%. So for me, yeah, I think this is a worthy way to play Netflix for earnings. Now, Netflix doesn't report earnings until Thursday after the bill. So this is a trade you would wait until Thursday afternoon to put on. Because if you put it on first thing Monday, well, you don't know where Netflix will be trading, you know, three days later. You know, you may put on a strangle on Monday and then Thursday, that strangle may be completely lopsided because Netflix already made a big move in one direction or the other before the earnings. So wait till Thursday afternoon to put on a strangle if you're trying to play the strangle for an earnings event. Another thing you know I did this week was I went ahead and I sold a put ratio spread in MES because I wanted more positive deltas. I want more bullish trades. I think the market now wants to go back up, and I just didn't have any short puts in MES, you know, the the micro ES futures. So what I would do, uh, well, I've already done this, but my go-to trade when I'm trying to be positive delta, you know, trying to be overall bullish in the market is go around 90 DTE. I go to the 90-day cycle, whatever is closest in MES. I go out to 10 deltas, and what I do is I sell that put, and then I go 100 points wide and buy that put and then double up the short. This is your classic two by one put ratio spread. Now, when I do this, I get a 43.75 credit, $43.75 credit. The multiplier in MES though is times five, so that's a $215 credit that I get for this two by one ratio spread. The max profit is uh my $215 plus an extra $5 because there's $5 of spread here that's embedded in the put ratio spread. So the max profit's actually $718 if I pinned the two short strikes exactly at expiration, which I'm not playing for that event. All right. So this two by one put ratio spread has a 95% pop, right? Probability of profit of 95%, very high probability uh trade. It has a low buying power because futures options give you great leverage. They give you a lot of buying power relief because of the span margining system that um futures options use. Uh span margining is a portfolio style margining system. So you get much greater leverage by trading futures options. So that's my play is I I want to be bullish the market. I like 90 DTE and I like selling 10 delta puts. And if I want to uh hedge a little bit, I'll sell 10 delta puts and then I'll buy a put above it to form the ratio spread. So there's that little bit of an embedded hedge in the trade as well. So that's it for this week's edition of Market Outlook. For those of you listening to the audio version of the podcast on Spotify or on Apple, please give the show a five-star rating. Help us grow in the algorithms. Show your support by hitting that like button or giving us that five-star rating. You know, whatever platform you're listening on, you know, do what you need to do to help help us grow in those algorithms. Also, for those of you listening or watching over on YouTube, check out my book, The Super Wheel Option Strategy. This book is about one of my favorite options strategies, the wheel option strategy. This book is published on Amazon. You'll find a link to the book in the YouTube description. Also, consider joining the DT Options Patreon slash Discord. I have a members only Discord where every trading day we get together, I hold a live voice chat in the mornings every day that the stock market is open, and I discuss my trades. I show you my platform, show you all the trades I'm taking, any roles I make, any adjustments I make. You guys get to bounce ideas off of me. I get to bounce ideas off of you, and we got a nice little trading community over there. So look for DT Options over on Patreon. All right, guys. Peace.