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Tonight's class was broken into two pieces and was very practical in nature.

PART ONE: - Option Wobble
I recorded trading hours where I legged into a butterfly spread for a credit in the matter of moments. This was done by anticipating how options get overbought and oversold during movement in the underlying. This was designed to show viewers how to avoid falling into the trap of panicking at bad prices, and how to get in when other's are panicking.

PART TWO: - Taking off a PAIR
We entered into a long QQQ and short SPX trade on June 9 and then exited it Wednesday. We had a trinomial decision – take $520 and run, risk the market going up and only making $200, or risk the market falling and breaking even. We need the market to be unchanged to make the maximum of 1200, but that was not realistic.

It was a 110 minute class that seemed to go much faster with students actively participating and asking questions.

DONE FOR DAY UNTIL IT IS TIME TO HARVEST
We just bought a butterfly for 0.10 to avoid worries of closing near $7335 or higher.

We are now done for the day until it is time to close or let it go. That is all there is to it!

POT CLASS TOMORROW

And one more (third image today) as we build a bigger "tent". This is almost a 100 point range now.

as the market moved lower, we started to move the "tent" lower today (Wed)

Revision. We did one more trade when the market dropped on news that we bombed Iran again.

"We bought the dip and took a trip"

POT CLASS is Thursday during trading hours tomorrow as people want a refresher on 0DTE trading like today's staff account.

The staff's account so far this morning, finding it easier with the PATTERN DAY TRADER restrictions removed.

Saturday Morning 10am Chicago is the start of our GAMMA SCALPING MINI-CLASS.

YESTERDAY'S POT CLASS
(The recap is below. Since our instructor is the most copied floor trader in the education world, we thought we would post last night's class so that our competition at least gets it right when they “borrow” our material.

A lot of people copy the Mona Lisa, but people still line up for the original.

June 4, 2026
90-Minutes

LIVE TRADING CLASS
Short butterfly hedged for $0.70 credit and free call spread.

The class was broken into three segments.

ONE – A short refresher course on reasons people are short the butterfly spread – residual positions, 0DTE hedges, deliberately selling for income, etc.

We then went into how to protect the butterfly in the final 10-minutes of trading via a call/call spread or put/put spread.

TWO – I put in an order to sell a butterfly at $1.90. With 17-minutes remaining I was filled. This sent me into action to place both a long call spread and long put spread. Instead of the long call spread, however, I sold a put spread to eliminate DAY TRADE rules for those who have that.

Below you can see that the two positions combined take the short all butterfly and short put spread and create a long call spread for a $0.70 credit. BOOM! What is sexier?

THREE – We then took 5-minutes at the close to demonstrate the TRADING CHECKLIST introduced on Monday.