In this week's episode, sprocket888 and viperxl007 discuss their general thoughts on the current market and the direction that it is heading. viperxl007 opened up a new 1% trade buying a call in $AAPL. viperxl007 shares his thoughts on the trade entry and what he wants to get out of the trade. sprocket888 takes the opportunity to provide a tangible example of this trade to the 'theta shot clock.' This is a critical aspect to understand when trading options. This episode was plagued with audio issues where sprocket's local audio was not recorded. The audio glitch created a double recording and splicing back into the episode.

• 00:00 Disclaimer
• 00:17 Intro
• 01:40 Thoughts on the market and general direction and sentiment
• 04:46 Trading should be able to profit no matter the market direction
• 07:17 Looking at the charts of the S&P
• 11:08 Inverting charts can remove bias in evaluations
• 12:30 viperxl007 got another 1% trade on the books in $AAPL
• 13:22 sprocket888 has trouble finding trades that fit 1% based on his flavor of trades
• 17:37 viperxl007 breaks down his trade entry on $AAPL
• 24:54 Understanding that theta is a shot clock working against you when buying options
• 30:32 viperxl007 reflects on the theta 'shot clock.'
• 33:00 Conclusion: There is always more to learn. Upcoming excitement with earnings kicking off.
• 34:54 Outro

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