Trading with MenthorQ

Trade with MenthorQ

In this lesson, you’ll learn how to use MenthorQ’s institutional-grade data to build your trading roadmap and trust the levels provided by the platform. We demonstrate how to access and interpret option market data to understand where institutional participants are positioning themselves, particularly focusing on tech stocks during earnings week.

When you create a free account on MenthorQ, you gain access to over 120 guides covering all products, live classes, and courses on topics like gamma levels, blind spots, and trading plans. Through the Discord platform, you can access stock and futures data for over 1,000 tickers including stocks, indices, ETFs, and futures. For each ticker like Nvidia, you’ll see critical information including the expected move (up or down percentage), gamma condition (positive or negative), implied volatility versus historical volatility, and IV rank.

The platform displays key levels including core resistance, hival level (which dictates the shift between positive and negative gamma), put support, and 0DTE levels (next expiration). The main net gamma exposure chart simplifies option chain data using Greeks and variables, showing green bars for call jacks (positive jacks) and red bars for put jacks (negative jacks). You can analyze up to four different expirations simultaneously: the next expiration, the following expiration, the expiration with highest jacks (typically monthly), and the expiration with the highest jacks overall.

For practical application, we show live examples using Nvidia ahead of earnings, demonstrating how to identify the largest concentration of option activity. The platform reveals that Nvidia had significant activity at the 130 level as core resistance, with 34% of jacks expiring on September 20th. You can integrate these levels directly into TradingView using text strings provided in the platform, creating a visual roadmap of key price levels.

Using the Discord bot, you can request data for any ticker and review historical data going back approximately one year, allowing you to backtest levels and see how they performed during significant events like FOMC days. This historical access helps you build confidence in the levels and understand how they react during high volatility periods.

Video Chapters

  1. 00:00 – Introduction and session overview
  2. 01:46 – Trusting the levels and trading approach
  3. 03:30 – Accessing MenthorQ guides and academy resources
  4. 04:42 – Navigating Discord and analyzing Nvidia data
  5. 06:59 – Understanding key metrics and gamma levels
  6. 11:03 – Net gamma exposure chart and multiple expirations

Key Takeaways

  1. MenthorQ provides over 1,000 tickers with institutional-grade option data accessible through Discord and integrates with TradingView
  2. The net gamma exposure chart uses green bars for call jacks and red bars for put jacks to show where option market participants are positioning
  3. Key levels include core resistance, hival level, put support, and 0DTE levels, all derived from option chain analysis
  4. Historical data going back approximately one year allows you to backtest levels and build confidence in the platform’s accuracy
Video Transcription

[00:00:02.26] - Speaker 1
Good morning everyone. Happy Tuesday. Hi, Patrick.

[00:00:07.25] - Speaker 2
Happy trading everyone. Welcome.

[00:00:11.11] - Speaker 1
Market is open. All right, so as before we start, as always, send us a comment if you can hear us. And meanwhile, while everybody joins. Yeah, let us know if you can hear, if you can see the screen. We're just gonna show a quick disclaimer just for a few seconds. Welcome everyone. Today. I think there's a bit of noise on your hand, Patrick. All right, the session today is going to be focused on looking at the mentor queue data and trusting the levels, trusting the data. We're going to share some live examples. This is not a live tracing class. We're just going to show you how to use the data. We're going to show you some live example talking about some of the tech stocks that are reporting this week. We're going to show you how to create your roadmap, how to look at the data. Yeah, and then there's some events happening at 10, so we're going to look into that. So please guys, stay tuned. It's going to be an interesting session and any questions, please post it in the comment and we'll reply to everything at the end. We're going to do a quick Q and A.

[00:01:43.06] - Speaker 1
I don't know if you want to add anything, Patrick.

[00:01:46.08] - Speaker 2
No, everything is good. So for me it's really important that you should know we are here to help you as a trader. We want to show you how you can trust the levels for Mentor Q, how you can interplementate Mentor queue stuff, tools, what we present you in few minutes into your trading strategy. We won't give you some ideas, we want giving you some motivation how you can trust the levels more. And this is one of the main stuff why we are here for you while we are live. So trust the levels, trust the process.

[00:02:24.26] - Speaker 1
Yeah. And before we go into that, let me just share kind of like the approach behind and the reason why we built mentor queue. So with mentor queue you have access to a lot of data, data that maybe normally is not accessible by retail traders. We leverage a lot of data coming from the option market. So we based all our models and I'm going to show you where to find those in a second by looking at data. Then we simplify this data so we, we take the all the option data from over a thousand companies, we simplify for you and then we provide you with actionable kind of insights in a form of models, charts, tables that you can quickly analyze and then we integrate everything into your trading platform. So before we go into that, we're Going to talk about a lot of things today about models, gamma levels and so on. So if you are not familiar with it, how can you get acquainted to these concepts? Right, so if you go to our, our website, you create a free account, you will access your dashboard. Within the dashboard you have all the resources you need to kind of get started with Mentor Cube.

[00:03:30.29] - Speaker 1
We start from our guides, you click here and we have about 120 plus guides on everything. So all our products are here. So if you want to learn more about gamma levels, you have all our indicators. This is all available for you for free. You can access it here. And then if you go back, we also have live classes. If you go within your academy, within the free academy. So just look at this here you will have the option to look at all the different courses. So we have one on gamma levels here we have the blind spots, how to build your trading plan. So there's a lot of documentation available to you. So just create an account, access this data and we're gonna talk about it in details today. So then let's jump in to our Discord. And today we're gonna start with Nvidia. So this week is Tech Week. AI is at the center of attention. Tomorrow we have earnings of Nvidia. So like we're gonna show you some very quick demonstration on how you can kind of like prepare your training week or prepare your setup by looking at data. So we can start this via.

[00:04:42.05] - Speaker 1
So via Discord, you have access to our resources, our tools, you have access to our bot. We're going to show you how to use it. But first, first and foremost, you actually have a section here on stocks and you also have a section here on futures. So if you're looking for example at yes or NQ or commodities, we're going to have that too. Maybe we share some example in a second. But let's start from Nvidia, right? So we click on Nvidia. The data was updated this morning. So what can you get from here? So first of all, you're gonna see the closing prices of yesterday. You're gonna see very important information, the expected move for the day. So Nvidia, based on the option data is expected to move up or down 4.52%. You also see the gamma condition. So you see if there is positive or negative gamma on Nvidia. In this case, we are in positive gamma environment. We're going to show you how. You can also look at that very shortly. You can also look at implied volatility versus historical volatility. IV rank. So those are like really key data points which is a snapshot of.

[00:05:51.05] - Speaker 1
Okay, what can you tell me about Nvidia by looking at a very simple steps. Simple like a few data points. Then we can scroll down and we can look at the main chart. And here you're gonna start seeing the main levels. The main levels are the same ones that you can find here. So we have information about it under gamma levels here. All these are the main levels that you will see in the chart. So we look at our core resistance. We have a lot of open interest at the 130 level. The hival level is a very important level. 115, which is kind of like dictates the shift between positive and negative gamma. So it's a very important level to monitor. We have our put support at 100 and then we can also look at 0dt. So 0dd means the next expiration, so the Friday expiration. So we have a 130 as well as a very important level with a lot of open interest and a121 put support within the main chart. You can also look at gamma and delta. So Jackson Dax, right here. And then we can scroll down again and look at all the data.

[00:06:59.08] - Speaker 1
Here you have a snapshot of all the really relevant information. Call volume, put volume, open interest. Call open interest, put open interest, Jax, NetJax and so on. Then we have our levels. So these are the text strings that you can then use within TradingView. And then once you go into trading view, kind of the chart will look like this. So we can upload our levels here. This is how the chart looks. So these are the levels for today. And then we can start really drilling down into, into some of the charts. But before we do that, let me know Patrick, if you have any, any question, any feedback or anything we should discuss as well.

[00:07:42.17] - Speaker 2
I think, I think we, we talk about, we talk about good stuff. So, and, and what the stocks, what you see on the left side, what was Fabio showing you? That's not everything. What we have. So we have also the bot. We have much more, more stocks. We cover how many, how many tickets we. We cover?

[00:08:01.22] - Speaker 1
Fabio, we have over a thousand tickets between stocks, indices, ETFs and futures. So yeah, over a thousand.

[00:08:09.08] - Speaker 2
So what you see on the left side, this is the favorite ones from the community and we make it much easier. And also what you can do is when you're going, when you scroll to the high, you have also the old data down. So if you want to see like how the level was performing over the last few months or the last few weeks, the last few days, you can look into this. We provide you with every data. We're not hiding something. We completely visible. So everything is there.

[00:08:44.22] - Speaker 1
Yeah. The data goes back I think around a year. So you will have access to all the history here for a year worth of data. Almost.

[00:08:54.13] - Speaker 2
Yeah. So if you want backtest our levels on your side, you can do this as I said. So the main goal is that you be comfortable with the levels, that you trust the levels. And this is one of the reasons why we have this. So why we allow you to give you the levels from the, from a past one year. So I don't know, someone will give you the levels from the last few years. So it's, it's crazy. Yeah. Especially if we have like FOMC days. You can go into the date when we have the last fomc, look how the levels was performing to see how the level is also performing. When we have great events where volatility kicks and also we have 20 minutes consumer confidence. And then we will see this also live how the levels working on this. Yeah.

[00:09:52.09] - Speaker 1
And, and then. Okay, so once we are here then we want to really. And, and why do we look at the option market is because really it's a good sentiment indicator of where the participants are moving, where are they allocating their capital, where they are protecting themselves. So looking at the option market is really important to get a sense of like okay, what is the market thinking ahead of earnings or like in preparation for the, you know, next month and so on. So the main chart that we are showing here is the net gamma exposure chart. So what we do is we take the option chain data and we calculate our models based on, on the Greeks, based all the different variables. And we simplify it right here where we show you where are the largest green and red bars. So green bars means cold jacks or positive jacks, red bars means negative jacks or put jacks. So as you can see here, there's a lot of activity as we said at the 130 level, which is also the core resistance level. Here we can also look. And then we're going to go into the bot.

[00:11:03.14] - Speaker 1
We can also look at the different expirations here. So here we have, we plot basically 4 expiration in this chart. The next expiration. So this is the end of the week, so this Friday expiration, the following expiration which is next Friday. And then we have the, the expiration with the highest jacks, which typically is the month expiration. So it's the September 20th expiration and then the expiration with the highest JAX, which in this case is January 17th. So here again, very easy, red is put, green is called. You can see how the market is kind of like positioning itself in this few date in the future across different expirations. You can also look at how much gamma or JAX is expiring for every one of these expirations. For example, we have 34% of JAX expiring on the September 20th. We have 18% of JAX expiring on THE September, August 30th. So next Friday, this Friday. Yes, yes, we can also look, as Patrick mentioned, we can also go and look at the bot and type in any of the tickers that we want and then get the same chart. In this case it's kind of like a request, but we can also go back in time.

[00:12:28.02] - Speaker 1
So as Patrick was mentioning, we can see, okay, how did the exposure change compared to the day before or the day before. Here we're going October 22nd or the day before as well. We can go back up to five days in the past and we can do the same for all the different commands. We can see for example here how the next expiration is changing. For example, last Friday we had a lot of kind of put activity here that was then closed following the Monday. So at the end of the week. So again, important information, sentiment indicator. What is the option market doing? What are the key strike prices that we should be aware of it? I don't know if we want to pause it here and answer for some questions. Patrick, what do you think?

[00:13:27.08] - Speaker 2
Yeah, we have a question from rk. What is the zinc finance of expiring gags?

[00:13:36.05] - Speaker 1
Yeah, so expiring GAX is very significant because think about all the options have an expiration date. So all the option can either expire in the money if the strike price is below the the spot price and expiration, or can they can expire out of the money so that, that means that they're expired, worthless. Right. So when they expire, all this gamma that you know, market makers have to hedge is released from the market. So based on if these options are expiring out of the money or in the money, then we will see a potential reaction based on the positioning. So knowing for example how much gamma is expiring is very important because sometimes it could bring a lot of like market movement. We typically see those during opex. So OPEX is typically the third Friday of every month and we see like obviously technical correction, technical reaction based on those Expiring options. So I hope that helps.

[00:14:40.10] - Speaker 2
Yeah, that's a good point.

[00:14:42.15] - Speaker 1
And we can see all of that also in our table. So this is our option matrix where we basically simplify. So the option chain is obviously very complex data, right? It's dozens of expirations, potentially hundreds of strike prices. So it's a massive table database that is very hard to read unless you have time and obviously the resources to do it. So what we did here is, is we simplify it and we show you basically for every expiration. So these are the weekly for Nvidia in this case, how much gamma is expiring at any of the expiration. So you see those 18% here we see the total gamma here the total delta. And then we also see the change. So for example, quite interesting, we saw actually compared to the previous day, we saw a decrease in Jax of 7.29 million. And we can also look at the data right here. So if we go to our matrix and we type Nvidia, we can access our chart. But we can also go back in time. So in this case we have 500, we have 92 million here. And then if we go back this the day before, we have 99 million here.

[00:16:04.03] - Speaker 1
So you see like how this changes day by day. The previous day we had a big increase in JAX compared to the day before. As of yesterday we saw a reduction of gamma for this expiration. And you can see the data here.

[00:16:20.04] - Speaker 2
Right, but what is this meaning how people can, can read this? So if we have a decrease compared to yesterday or we have something different.

[00:16:33.13] - Speaker 1
Yeah, I mean it's all like in relation to market positioning. Right? So like what you want to see is you want to monitor basically if the stock stays in positive gamma. So if you see green here, it means that we are in positive gamma. If you see red means that we are in negative gamma. So monitoring that and that change can help you understand, okay, like how is the stock going to move? Like is the volatility going to increase? So typically what we see is that in positive gamma the volatility tends to be reduced. For the way the market makers tend to hedge when in positive gamma. If we are in negative gamma, we see like an increased volatility. So that doesn't mean that the stock is going to drop or go up, but it's going to move very, very sudden. So like that as a trader can give you a good insight on, hey, should I expect more volatility? Today on Nvidia we're approaching, I mean like what, what should I do. Right. And, and looking at monitoring, kind of like how the positioning changes can help you. So that means that, you know, people are reacting ahead of earnings.

[00:17:32.16] - Speaker 1
So we're going to probably see a lot of change coming at the end of today because the, the earning report is tomorrow. So based on the information from today's session, you know, the market is probably gonna reposition at the end of the day and maybe play some bets on the earnings for tomorrow.

[00:17:48.14] - Speaker 2
Yep.

[00:17:52.07] - Speaker 1
So yeah, so the matrix simplifies everything. You can also see all the different levels here. An interesting column here is the expiry expected move. So this tells you how many points up or down we can expect the stock to move by the expiration. So similar to our one day max and one day minimum, we can look at this kind of like matrix and see, okay, like Nvidia is expected to move up or down $11 from, from this price by, by the expiration which is on August30. Okay so this is a volatility measure is based on option data. So it's not an indication of trading. It's not like an indication, but it's like what can you expect the price to move by this expiration based on forward looking volatility and option data. So very important information.

[00:18:49.17] - Speaker 2
Only to clarify if we see the 11 on the, on, on the expected move. So this means from today, so from today until the expiring date we, we have to expect 11 points.

[00:19:06.23] - Speaker 1
So that would be you take the close price of yesterday and you would add or remove $11. So it's based on the unit. So if in this case would be plus or minus 11. So if the close price from yesterday was for example 129, then you can sum $11, it would be 140 to the upside and one kind of 18 to the downside. That would be kind of like the expected, the expected move.

[00:19:37.29] - Speaker 2
That's a good point. Mm.

[00:19:41.14] - Speaker 1
Okay, so then, okay, then we can look at volume and open interest. Very important information. Where is the volume and open interest? Here you see the volume on this side. Here you see the open interest on this side you see the, the cause and the puts. So you can see for example that here we have a lot of cause activity. We also put activity, but we have a lot of calls here on this side too. We do the same for zero DTE and or week expiration. So you can see the open interest here. And yeah, then if we scroll down the next would be to use our swing trading model. So again, let's look at the 5 days swing model, the swing model will give you again a lower or upper band and a volatility band. That will tell you, okay, where can we expect the price of Nvidia to be in five days, so one week ahead in the future. So we have a lower band of 114 and a risk trigger of 138. So the lower band also when you see the green is a kind of like a bullish bias, meaning that we take a lot of information coming from the option market and we kind of like tries, try to formulate a model that can tell you the direction of the trend.

[00:21:11.29] - Speaker 1
So by having a lower band here in the green, you also have kind of like a bullish bias. So the market, like the option market is telling us that there's bullish sentiment in the market with the lower band of 114 and a risk trigger 138. So again, you can use that in many different ways. We also can add the string levels. This will be available soon within the bot. But this kind of like will be the different levels for the past days. So here we have a risk trigger, here we have a lower band and here you have the past five days of data. So you can see how kind of like the levels have changed and the ranges for the next kind of five days.

[00:21:52.14] - Speaker 2
And especially if we have the earnings, can you go, go back to your Nvidia shot? And especially if we have the earnings like tomorrow, maybe we can share the levels in the community. I think for the earnings this would be really powerful to have because then you have any idea where you have to look in. When we, when we speak about the upside from Nvidia and also if you're speaking about the downside from Nvidia and I think the levels, what you provide now with the lower bound risk trigger from the swing trading model, this is very helpful and this could be a game changer. And Fabio was promise us that you will get this in the community. So we will post this after our live call in the community. And then you can, you can use this put in, in your indicator and you can have this for especially Nvidia earnings tomorrow. And I would, I would tell you this will be a game changer.

[00:22:55.10] - Speaker 1
Yeah, yeah. And, and basically like the way. So here also when you access the model, go back here we also see basically kind of like a kind of backtest in results. So we go back probably like around a month and a half. So we, we release this model on July. So you can see how the model kind of has performed. And when we, when we Talk about success of the model. It means like that this is a volatility measure. So we want to predict if the price will stay within a range or will be above a range. So in this case you see that the lower band had an 83 success rate for 36 days. Right. That means that every morning if you look at this price five days in the future, the price would be above the lower band on 83% of the, of the of the cases. So on 36 days. So how can you play that? It doesn't mean that the price will go up like it means that the price will potentially close above this level by looking at the option data. And you can play that by using different type of strategies.

[00:24:08.09] - Speaker 1
Whether you're an option seller or a directional trader. You can use these kind of like levels to help you formulate your decision based on that.

[00:24:19.09] - Speaker 2
Yes. 100 and now I would say let's, let's go into the market because we have six minutes. Then we get economic data and let's use the six minute to, to look into Nvidia. What has happened with Nvidia. I will show you on my screen how I'm using the levels and how I get prepared for them for the moves like this. So first things first. So what I want want to show you is trust the levels. So what we can see is how, how strong The Gags Level 2 is working at the moment as a support and resistance. And if we have something like this on our shot that's a good, good strong indicator. And when we have the, the morning opening and we was going to the upside and you, you we were seeing that we open below the gags too. Then there's one simple way how you can define possible a nice stop loss for you. So let's say connect the gags to, with the Fibonacci to the last candle Vic on the left side. So this is here and then you can map this out for your boom. Here we go. It's based on the roadmap principle.

[00:25:38.10] - Speaker 2
And then this could be your stop loss. So you can take this like here and how you can find also the area for, for your target. So no problem especially in, in the market open. So we can say also something like this. We can say let's connect the GX level 2 with the range high. So the range high would be here and Elvola, let's map this out and then we have a very good entry point. If we, if you're going above GEX 2 we have a nice stop loss and we Have a nice target area for the opening. So. And now if he was looking more for the short. Let's take this out for a minute. Here we go. If he was looking more for the short. So what you can do is how you can target the short side. So you can also say let's connect the Gags 2 with the High Wall 0dte. Find some area where you can take partial profits or something like this. And here we go. What was happened during the market when the market was open? Boom. We was coming in this area and then it was rejected also to the top.

[00:26:56.27] - Speaker 2
And this is something what I mean you can trust the levels. So you can trust the levels that say giving you a good information about support and resistance. And also they're giving you a nice idea how you can work with your Fibonacci tool and draw some. Some levels. And I give you the next example. Now let's. Let's play a little bit around. Let's connect the core resistance with the GEX 2. And I was before with you in the meeting. I was have no idea that something like this has happened. Yeah. And here we go. It's like magic. So we have also our target point. Boom. It's based on. On the Gamma. So we're working with the Gammas. So what we use, what we are you delivering is. And another idea how you can use and trust the levels. How you can more working with the levels. I would say use your Fibonacci. And what are my settings on my Fibonacci? Really simple and easy. So I have the 0.0.382, 0.5 0.688. And the one why I have this simple and easy. Because when it came to how I should drawing my Fibonacci, we have no idea sometimes should we draw this from the top to the bottom or from the bottom to the top?

[00:28:21.09] - Speaker 2
And if you have only this levels on your side, what I was showing you before, you can draw this from any direction. The price level. They will be always the same. So this is why I'm. I'm using this because yeah, it works. So. But this is only some example how you can use our levels. How our levels are working now we have two minutes before we get some economic data. Let's switch very quick now to qqq. Let's look into qqq. What's happened in qqq. And here we go. What you were seeing we was open. High volatility. 0dte. What was Fabio saying for a few minutes? High volatility. If you're going going below high volatility. We see a shift from positive to negative. So we was. We was open below the high volatility was testing this and target gigs for that's so perfect. If you have something like this. And yeah, this is one good example. And if you would be also not taking out your profits on gigs4 and you want thinking about hey, there could be a better opportunity for the downside. I will not say to you target the put support bl7 one day min directly use also your Fibonacci connect the next gamma levels like from GEX4 to put support zero DTE to find areas where where you can possible take out your profits or where you can take partial profits.

[00:30:00.02] - Speaker 2
And the next thing is now we are below some area. We are here below high high volatility Z dt call resistance. So now we get the economic data. So let's see if we can hold this area or not. I would say like map out be a 9 to be a 2 for an hiding area. And this is our magic area also where we should be. Where are we looking into it. If we get now the data, if we get more more to the downside I will say let's connect call resistance to put support 0dte and we will hang around in this area again. So I will take out now the indicator. So let's see what's happened. And by the way, so when we speak about trust the levels, trust the process. What we're talking with this is you need patience. You need patience. You sometimes you have to wait until something has happened. Until we touch some area where we get some market shift. You have to wait. And also what we were seeing here is we was coming back to high volatility BL2. Sometimes it's a good idea to wait until we confirm a level to before you take it.

[00:31:30.28] - Speaker 2
And also what I'm doing when I'm trading I connect always the levels, the gaps between so that I have ideas. I take out the other drawings before so that I have an idea what is the heightened point between two levels. So like connect call resistance high volatility 0dt and then find out with the Fibonacci tool what are the hiding points between this two level so that I get an idea. Hey, I have to be very careful. If I came in this area. If you're breaking this area, we have to go through BL6 call Resistance and Gamma wall. So to to get really an idea what I can do and what I want to see. And also with the high volatility and high volatility 0dte. Yesterday we were speaking about this. We're looking always for a strong team. So if you're placing maybe now your long order, I will not say go long or go short. Maybe you place your long order. The best case for placing a long order is when you have a team. Also if you're placing your short order, you need a team who protects you. And also what we have, we have high volatility, high volatility 0dte.

[00:32:51.25] - Speaker 2
Here. So technical. What you can do now is you can place your stop loss below high volatility, high volatility 0dte. And you would be long after we test this level. And then boom. Be getting now here. If this is your trading idea. Yes, could be work. And also you have also a strong team who protects yourself. You have the high wall and you have the high wall 0dte. But this is only a trading idea. This is no advice. We will show you how you can work with our levels. And when we now in this area here, what I was mapped out between. So the hiding point between call resistance in this area. Personally, if I would trade if we touch this with the candle here, I would place here my stop loss now in the middle from them and see boom. Now I get out. I will take out some profits. But that's okay. So I'm personally a scalper. And yeah, also we have now possible that the market share. So you can also taking out if you want go short. You can also say like, okay, I want to see that we came down below high volatility 0DT.

[00:34:06.02] - Speaker 2
Go back to GEX 4. Okay. What is the heightened point in this area? The hiding point in this area is here. Did we have a strong team? Yes. If you want to go short, we have also an and strong team. You have here high volatility, high volatility 0dte. In this area where you won't be go short. But wait always for confirmation. Second confirmation. Our levels giving you an idea. But at the end you should be execute your trading idea. You should always looking for a second confirmation. And this is how it works. And I think Fabio, you would be agree with this.

[00:34:47.20] - Speaker 1
Yeah, absolutely. So again, this is just a pure demonstration on how you can place the levels, where the levels come from coming from the option market. And then how you can leverage them with your technical indicators. So absolutely.

[00:35:05.18] - Speaker 2
Yeah. And always looking for a strong team. So if you then that's my. That that's one of my friendly advice. No financial advice. Friendly advice. If you be in the market if you place an order, look always for a strong team. Who supports you. Do you have some level who supports you? Do you have call resistance? You have put support? Do you have high wall? 0dt. You have one day min. One day max will protect your position. So looking always for protection. Because our job as a trader is always risk management and we must looking for good location. We were speaking in the community about timing, location and setup. So looking always for this. Ask yourself, is this now the good time to go into the market? Yes or not? This is now a good location. Yes or not. And then your setup, your trading style is this is also now a good point to, to take your A plus trade. If not, if you answer one of the three questions with a no, then you should not go into the market.

[00:36:14.08] - Speaker 1
Yeah, let's maybe let's pause here and see if we have any question. Patrick, what do you think?

[00:36:23.07] - Speaker 2
Yeah, for sure.

[00:36:25.24] - Speaker 1
All right, so the first question, the numbers of the Jax level, Jax 1 to 10. So basically. Yeah, let's answer that very quickly. So the JAX level are basically the same ones that you see in this chart. So when we look at the next JAX chart of Nvidia, you will see bars with like that are wider or narrower. So the, the wider bar are the most important, you know, net gamma exposure levels. So again, this one as you can see is 130 is the core resistance. So the Jax 1 to 10 means really like Jax 1 would be the second highest Jax level and Jack Stand would be the 10th highest Jacks level. So you would basically see those level being one of these kind of like bars. So 1 to 101 is obviously higher highest jacks 10 is kind of lower Jacks. So yeah, that's how you, you can look at the number.

[00:37:30.03] - Speaker 2
Okay. Counted. I will also no lobster. I will also answer your question from my perspective. I have no idea if you be an options trader, futures trader, stocks traders, but let's say you're not an options trader. You may be only a stock trader or you be an futures trader. And I will say to you, look always for the levels who are in the play. So I will go now, maybe I will share this again to give you a better overview. What I mean, give me one second. Here we go. Let's go. Do you see my screen, Fabio?

[00:38:09.25] - Speaker 1
Yep.

[00:38:10.29] - Speaker 2
All right, so what I really mean, so now we have Gex4 here. So Gex4 is at the moment, was in the moment in the play. And also what is the next one? GEX 2. And by the way, I have not all GAGs levels. On my shot I have plot always to GEX level 5. But is this doesn't mean that GEX 4 have no importance for the market. Yes, GEX 4 have at the moment some importance for the market. Because if you're looking maybe to the left side, if you're going to the four hour time frame and we see GEX 4 then we can see something really clear. Look at this. Boom. We get here. Nice support and resistance area. Nice support and resistance area. Nice support and resistance area. Look always to the left side. I will not say that GEX1 have more importance than GEX10. For an options trader completely different and I would be on your side. But for you as a futures trader, as a stocks trader I would say look into the levels, what levels are in play and don't look too much in the numbers. The numbers are very helpful.

[00:39:23.26] - Speaker 2
Yes for options traders but for us as futures traders, stocks traders look always into the levels what are in the play and that's it. And also we have the blind spots, the blind spot nine and Blind spot six and blind spot two in the game. So it just doesn't mean that the blind spot 9 or the blind spot 6 or the blind spot 2 we should not taking so much advantage of of this blind spot levels because we have here only blind spot six and there we have only blind spot nine. No, I would say like don't look to the numbers, look more what the levels are telling you. What is the story behind the levels. And this is something what you should be understand and this is something how you can trust the levels. Understand what the levels are teaching you. What are the levels saying to you? Looking to the left side, looking to the history and you will get the answer.

[00:40:22.17] - Speaker 1
Yeah, great point. So now we have actually a good question from Khalid. What are the important gamma levels in gld? So GLD is the gold etf. So let's actually show you what we have because we not only have access to stocks and ETFs we are actually providing you data also on the futures. So when we look at gold, yes the ETF is very important but also what you want to look at is basically the the futures data too. So here we have gamma levels. This is looking at the the August contract or the October contract G gcv. So here you see for example the net gamma exposure chart on gold. Here we have gcv. We also have silver here. But yeah, here you can get the levels, you have the levels here. So if we go back to our chart we can plot the levels directly into the chart. So we have gcv, actually, we have GCZ here. Actually that's the levels that I loaded up here. All right, so now you have the same kind of information with gold. We also have the blind spots. So not only you have gamma levels yourself, the blind spot.

[00:41:52.27] - Speaker 1
So here you can see them here. So as you can see, this level was highly respected last, last night and this morning. JAX one blind spot level seven. We are now approaching the core resistance level here. So very, very important level to, to look for and then we can do, we can do. So now let's show you what we can do here as well. So let's go now to, to the etf. Right, so obviously the ETF is very important. We have GLD here. So similar to what you would do with, with Nvidia, we now have all the data here. So again we can start back from our liquidity snapshot. We can go back to our main chart, we can look at the key gamma levels. We have a core resistance at 230, put support to 15. And then what we can do is we can actually copy the levels and go back to our trading view chart. And I can now add the levels here and let's say that I trade futures, but I want to use the GLD data to potentially build a roadmap on my futures. So now you can do that with the indicator where I can come here and I can say, okay, I want to convert my GLD levels that I just uploaded and I want to add them to our GCZ contract.

[00:43:28.01] - Speaker 1
And then I can either put my ratio manually, put my ratio, we have videos that will tell you how to do that, or you can use an auto ratio by doing that. Now look at this, we can take away the blind spot for a second. Now you not only have the gamma levels on the future, you also have the gamma levels on the ETFs converted on the future. So again, very, very powerful. You can see them here. You can see this is JAX4 for GLD, JAX1 for GLD, JAX2 for GLD, one dominion for GLD. So again, very, very simple. We did that if we go back just simply by adding the ticker here and adding the conversion and ticking the box. Very powerful, very easy to do. Again, just using the data that we have. So again, taking data, putting them into the chart and being actionable in a few minutes.

[00:44:28.27] - Speaker 2
Yeah, and I don't know if you'd be an options trader, futures trader, stocks traders, but for the reason if you be an options trader or Stocks traders or ETF trader and you're trading only the etf, not the options. So the same principle. So if you're asking us or if you ask me, what are the important gamma levels on tld, I would say the important gamma levels on GLD are the levels who are in play. So look into the shot. Look more. Look what is in the play or options. Okay, but the same principle also in the options. Look in GLD what is in the play at the moment. Of course, call resistance. Put support one day men. One day max high volatility. That's are the major levels. And then we have the gags levels. But what is now important for you, for you important is only the levels who are in the play at the moment. Sometimes you see the call resistance far away. Sometimes you see the one day max far away. Is this important level? Yes, but is this in the play? No. Then look only to the levels who are in the play.

[00:45:46.00] - Speaker 2
And I hope this will help you also.

[00:45:55.04] - Speaker 1
Yeah, that's a good point, brother.

[00:45:58.10] - Speaker 2
Yeah. And don't, don't get, don't get misleading from, from, from people to say hey, call resistance is important. Put support is important. Yeah, of course they are important. But at the moment what is really important is the levels who are in and play and the levels where we can possible target and, and that's, that's what is important for today or for the next two days. And if you be a swing trader, the levels form the five day swing trading model order. They are important for you. And can. Can you go to QQQ please? Fabio, again, do you have the levels on your shot? If not.

[00:46:37.17] - Speaker 1
Yeah.

[00:46:38.00] - Speaker 2
Perfect. And look at this. We were speaking about the levels who are on the play. So as I was showing you a few minutes before, Trust the levels, trust the principle. So we have GEX 4. Boom. Is GEX for an important level. No one will tell you that GEX4 is, is something what is really important. But look at this GEX force and the play, it's important. Today it's important. GEX2 could be a really important one. So this could be some, some target from us. High volatility, zero dte core resistance. Always important. And they are in the game now. But what I won't tell you is like as I say, look to the levels ruin the play was important today for the QQQ GEX 4 call resistance. Can you show the levels please? Again, Gamma ball Gags two, GEX one gag three and maybe what is below. And that's it. If you're going really crazy if you're breaking through. Crazy stuff. Of course, we have one day max. We have other, other levels. But at the moment that's the levels were really important. And also you have BL9 there. And this is also the, the, the perfect example.

[00:47:51.09] - Speaker 2
We have BL9 there. So blind spot level nine. Nine people asking, hey, what is the important level from blind spot? Is blind spot one more important than blind spot level nine? For example, if we. Speaking about the overlapping, about the system, about the blind spot, yes, Blind spot one is more stronger than blind spot nine, but blind spot one is not in the play at the moment. So at the moment, blind spot nine and blind spot five, I would say also is one of the most important blind spots with blind spot two, but that's it. So blind spot six, Blind spot six, Blind spot nine, Blind spot two and blind spot five. That's it. So look always for the levels who are in the play. And that's so important to understand. So how you can trust the levels more. Don't look into the importance of the levels. Look always for what is really important for you. All right.

[00:49:00.28] - Speaker 1
So we have a question from luca. So I think, luca, we cannot fully answer the question in this session just because of the time, but basically, blind spots are kind of like an evolution of the gamma levels that are looking at correlated assets that could have an impact. So we, the input behind is options, data and gamma levels. Blind spots will tell you, for example, if you're looking at Q. Q. Q, are there any other assets that could have an impact and what are the levels converted to Q. Q. Q? But if you want to learn more, again, create a free account. Go on our academy. So this one is all free. First, getting started. You will learn more about gamma levels. And then we have our blind spot level course here. So if you click here, you have all these lessons that will explain everything about blind spots. So very, very easy. Create an account. You will. They will answer all your questions within this section.

[00:50:11.05] - Speaker 2
Okay, but Luca, I will answer your question because it's a personal question. Okay, so Luca, so the, the whole idea from the blind spots are. Follow. So when I was trading many years before. So, and, and we all know it exactly. So we have different charts open. We have different levels open. We're looking for this, we're looking for that. And our eyes get so crazy and, and we, we miss the price action. Sometimes you miss the exact point to enter. And I was thinking personally, how is this possible? So if I'm trading, for example, only the QQQ And I will not look into the vix. I will not look into Nvidia. We're not looking to this because I Is this, is this something possible to bring something in one level that I have not to look anymore and to the other assess to can focus only on my main access what I trade, for example QQQ. And this is one of the main story from the blind spots to, to bring the attention back to your assessed where you really trade and can be. You can be sure that we're looking in the blind spots and high correlated assessed and bring the overlapping prices into the blind spots.

[00:51:33.05] - Speaker 1
Yeah. And I think if I can add Patrick right now the blind spots are available on the major assets so you can find them right here. So those would be the blind spots that we have. But very soon we're going to have blind spots on all the assets that we cover. So on all the different stocks indices and so on. So this is a very big addition that we are adding. Yeah, just allow us some time. And they will be available via the bot as well.

[00:52:07.12] - Speaker 2
And also for. Not for only this tickets. Yeah, we will cover more.

[00:52:11.17] - Speaker 1
Yeah, yeah, we will cover all the different. So we have. We cover about a thousand companies. A thousand plus companies. So you could have. Yeah, any of those on all these companies. Yeah.

[00:52:24.17] - Speaker 2
So you get the blind spots also for Nvidia, for, for Tesla or whatever you're looking for. We have the blind spots.

[00:52:31.01] - Speaker 1
Yeah.

[00:52:31.25] - Speaker 2
So that, that you can focus. So the main goal from the, from the blind spots is what I say to you, Luca? We want focus on our main assess what we train and we want to make sure that you get the best data what is available so that you can make the best decisions as simple as possible. That's the blind spots.

[00:52:51.02] - Speaker 1
Yeah. All right, any other question guys? And Patrick, as always, do you have any questions for me?

[00:53:09.07] - Speaker 2
Did I have any questions? I think it was making a really good overview today. So as I said, we don't want to teach you new trading stuff. We want only giving you examples how the levels are working, how you can implementate mentor queue in your trading style, in your trading strategy. We won't give you some, some ideas in this webinar what we have today and we hope and I think we was doing a great job, it was giving you some ideas, it was seeing the blind spots. What can be the blind spots you're seeing how the levels are working during the market or what we was showing you trading ideas how you can use the levels and, and work with your Fibonacci to Find entry points, exit points, coins, stop losses and all the stuff. So with the levels, I think personally you have now a really, really good and strong tool on your hand. And this can be really good match with your trading style.

[00:54:15.12] - Speaker 1
Yeah. And if I can add one thing. So the, the data obviously is very key but it's also important how we can actually integrate the data with your trading platform, with the, with the platform that you use. So if you come here under integration, we now have four or five, four integrations mainly we have Ninja Trader, Sierra chart obviously Trading view. So you can find all the indicators here, metatrader and soon we'll have more. So we're gonna keep adding all the integrations that you know, the most used trading platforms that people use for trading futures and stock. We're going to integrate that data there so that you can actually be active very, very quick in the market. So with Ninja Trader 30 seconds, you download the file, you upload it, you're live in the market. 30 seconds. Same thing with Sierra chart, same thing with Training View. So all the levels are there.

[00:55:12.03] - Speaker 2
Yeah, 100. And also what you can do. So at the moment we have only the blind spots for, for QQQ and, and for the futures. And maybe I will share one last minute my stream with you to show you also how the blind spots can help you if you're trading with Nvidia. So let's do it again one more time and then I think we are really good, we can go with a good feeling that we show you really everything. So what we can do is with our blind spots indicator so we can put in here our blind spots and then we can convert everything from QQQ to Nvidia whatever we want. So I was doing this with auto ratio using the blind spots from QQQ and convert this to Nvidia. Now let's take out for a minute only the gamma levels that I have only my blind spots here. And here we go. So now you get the blind spots from the Q. Q. Q. On your Nvidia chart and you can see how this works. So the levels are respected. BL4, BL7 now we are here in the middle. Levels are respected. If we zoom in a little bit more.

[00:56:35.04] - Speaker 2
Here we go, we straight on the point. Look at this, look at this my friends. Bl2 boom. Respected bl6. Respected bl9 respected bl5 at the moment respected bl4 br7 respect. And if we now adding also the gamma level so then we get a much stronger tool. Here we go. Oh now we have the gags, we have the core resistance adding again the gamma levels. And now we can see a full big picture from Nvidia and it's so, so powerful. If you have the blind spots on your, on your shot also and you can convert this so there's no problem and you see it live in the market how this is working and yeah if you have this on your chart it's, it's a magic key. And I can say you for the people who are in the community for mentor Q in the Discord community they love the blind spots. So this is why we working on this making this available for more assess. But at the moment you can, you can convert this. And if I speaking about the community we have also professional traders like we have Steve. He's focused on futures. They help you, they assist you.

[00:57:59.01] - Speaker 2
We have Dog who's four options. A really good one, a really good match. He's, he knows everything. He's matching. And also we have Tim in our community, Chester Ming. So he's really nice and macro, he's. He knows everything about Marco. He's a freak in this. And if you go into our trading chat we have also really nice traders who trading with our levels. They're trading also different trading styles. They are really helpful to each other. If you have some, some questions and, and I don't know it's. It feels like we are big family. We are support each other. We have the team spirit in the community. We are a team and we're supporting us together. And this is something what is really powerful to have not only the levels have also a team around you who supports you will help you.

[00:58:52.26] - Speaker 1
Yeah, yeah that's, that's great. I want to answer a couple of questions about around integration. So Marcus, thank you for the questions. So quantower is next in our roadmap and motive wave. We are exploring the possibility. So we are in discussion with the platform to understand what we can do in regards to Steve. Toss or take a swim, it's a bit more challenging. So it is part of our plan but there are some limitations on what the platform can do. So it's a bit more challenging there but we are going to get to that at some point as well.

[00:59:39.23] - Speaker 2
And here you can see this now the training show. Maybe you can a little bit scroll down to see what's going on in our trading shed. It's like. Yeah, so we are helping each other.

[00:59:51.07] - Speaker 1
Yeah. Then the, the important part is also our members.

[00:59:55.14] - Speaker 2
Yeah.

[00:59:56.10] - Speaker 1
So this is very, very key. This is great. We love to hear those stories, success stories, you know, users that are coming to us, you know, like for example, this one is a great one from Fernando. It's been with us for less than a month, sharing his insights. He has followed, you know, all our live trading session with Patrick over the past month. Really helping him. That's great, great feedback.

[01:00:25.09] - Speaker 2
Yeah. All right.

[01:00:28.27] - Speaker 1
I think, yeah, I think we let us know if you have any questions. If not, we're going to be live all this week and I think, Patrick, I'm just going to share this. So for all our live events, we're now providing you guys with a coupon code. If you guys want to, you know, try the system, try the platform, just use this coupon code, LIVE25, and you get a nice discount if you want to join us. So we hope to see you there.

[01:00:59.29] - Speaker 2
Yeah, so use Live25 to get 25 off, no matter if you go for the yearly. So think about if you go for the yearly, you get also the Academy. The Academy is included in the yearly. If you go monthly with us, for the first month, the 25. So, yeah, take advantage of this. And yeah, so we will be live again 5:00pm Eastern time. So there we have a recap session. We speak about what was going on in the session. We're doing some roadmaps to find out what we can do.

[01:01:37.29] - Speaker 1
Yeah, yeah.

[01:01:38.20] - Speaker 2
Marcos Marcus. No. Level 25. Holy. You're right, man. Yeah, yeah, yeah.

[01:01:48.21] - Speaker 1
So any questions, guys, on models levels, like any information how we can help, just reach out to us. We reply to every email. We'll get back to you very, very shortly. Please contact us. You can find us here. Everything is available through the website. You have all the free resources, all the free academy and stuff. And then we'll see you at 5.

[01:02:13.27] - Speaker 2
5Pm yeah, and also if you have no questions during the market time, so you must listen to us, you was now in the market, you're trading or you struggle with something and you have questions about the levels, something else, what was happened today or the days before. Make sure you ask us this question at 5pm and we will answer this live. All right, all right, all right. See you, my friend. Have a good one. Bye bye.