This is an I-Heart podcast.

Guaranteed Human.

So let's go talk about this, back to options if we can because people have questions.

So the first question is, is this time to take profit on things that on, if you're up on an option and, you know, obviously things can move very quickly in that world.

So is it time to start taking profit?

Lock in profit.

I think you lock in profit, you have that story before you even invest.

Right, but right now today.

Well, it depends. It's individual case, right?

So for general, general purposes. If people are, if people are up on their options, because you either up or you down, right? So I'm going to ask the question for people that are down next, but people that are up, people that are up, right? And they might have already taken some profit. They might have already did the 100% strategy. They already did that. They have four contracts. They doubled their money. They already took out two contracts. They have two contracts left. But they're still up, you know, over 100%. Is it time to do another one to lock in profit because of the uncertainty in the market. At least, at least you've locked in some level of victory. You can sit on the cash and try to figure this thing out until we get some guidance. A couple of things. Number one is how much time do they have inside those contracts? Second thing is you lock in your profit before you invest, right? And what I mean is like everybody's not trying to get 100%. Some people might be trying to get 20%. And that's great. Did you get the 20%? All right, you took out your profit. You may have left the rest of a few contracts in there to appreciate. Well, what's the strategy on the backside, right? Like we're not at 100% anymore, but now we're pulling down. So what's the threshold now? Is it 50%? Right? So we don't get back to zero. So you start taking profits when you start to see depreciation. Now, when you go negative, right? So some people are like, wait, I'm down 11%. I'm down 12%. I'm down 20%. I'm down 30%. Well, that's why we have our stop loss. Right. So before we

enter the trade, we have our stop loss, whether that's 30% or 40%. Some people don't put their stop loss,

right? Like I am guilty of that. Like I didn't always put my stop loss because I was putting time on

these contracts. Like everybody, EYL, I've been huge on Uber. That contract was down 40%, 50%.

That contract is out to December of 2028. I'm not thinking about it the same way than I would if I was

having a contract that was expiring in April of this year. Right. And so that time factor,

all that has already been predetermined.

All right. I'm putting time on here.

I'm staying close to or at the money.

More recently, I've been buying in the money because of the volatility.

So all those strategies are implemented before you even make the trade.

And so now when you start to see depreciation, you start to see some pullback.

Did I hit my profit margin that I wanted to take money out at? Yes or no? As we go down, what is it? Is it 75%, is it 50%? Is it 20%. I'm going to ask you want Rashat. Pause. Okay. Okay. If you are undisciplined, yes, it's time to take profit. If you just hit

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