Show: Market WineDown
Episode: 6
Title: $300K to $2.4M Trading Zero DTE: Logan Lajiness on Process, Tax & More | Market WineDown Show Ep. 6
Date: Jun 05, 2026
Runtime: ~43 min
Video ID: DrWegwCsRwg
URL: https://www.youtube.com/watch?v=DrWegwCsRwg
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Mark, what time is it? Mhm, Thursday afternoon. 3:00 on a Thursday. We're not going to tell you which Thursday, but I know I'm wearing a short-sleeve shirt and shorts down below, so that Did you hear the bell ring? Yeah, I think the bell's over. You know what the bell means? The bell rang. We sit at the bar or we sit at the poker table and the in the office and we drink and we play poker. That's more or less, right? Santé, man. Santé, I love it. Um so, this is the wine down. Um I am with my host, co-host, Mark Phillips. And Lex is right over here. I'm Lex. So, we're together. We're doing this cool thing called the Market Wine Down. What it is, I'm going to give a little brief cuz it's new. Um we're going to talk about the market looking back, the market looking forward. We're going to have special guests, all this kind of fun stuff. We're also going to talk a little bit about lifestyle. Um the lifestyle is the more fun part of this because it's easier, I think. Personally. Would you agree with that? Yeah, I mean, if I said the market was up 48 points today, it could be any old day. That's true. That's boring. If if we said we're going to drink a 2000 Lynch-Bages today, that's a little more exciting than 48 points. I'm heading over to Chicago if you're opening that up. I have I You know what? I got a big dinner party this weekend or tomorrow, and these people are snooty sons of and they're going to want to drink some good wine, and I know they're going to start digging. They're going to start digging in that cellar, and that Lynch-Bages is going to pop its head up, and then I'm going to might have to whack the top of it off. Hey, there's no time like the present. I I think great occasion for it. Incredible year, right? Like you know, Oh, what? You got to drink it at some point. Why not tonight? I do feel bad about it. It's like it it's almost like I have this great Tesla spread on, and it keeps making money, and I want to take it off and put it in the bank and I don't and then I keep holding it and I keep holding it and then sometime it might get old and therefore it's not any good anymore and my spread goes against me and then it sucks. So beta analogy honestly that's actually a great analogy, right? You go long Delta the years go right in your favor but it's just going to decay. It's just going to count It's just going to decay. Well, like there is a peak. I don't know if it's 25 years. I don't know if it's 30 years but yeah, at some point Guess what? There's an expiration of me, too. And then I expiration of you got a lot more expiration left but I got there's an expiration of me, man. I got to I got to be enjoy it while I have it, right? Yeah, but I start looking at I count the bottles in my cellar and I go well, how many years do I have left and how what's my productive drinking, you know, window? And it's uh no time like the present. I know. I'm with you. All right, here's what we're going to do today. Little different. Um we're going to talk we I we already talked a little bit about wine but we're going to get specifically into two wines at the end of the show but in the middle we have a special guest, don't we? Um do you know the special guest? Have you you met him pre-show? Do you want to introduce him for us? The yeah, Logan and I chatted a little bit before. I'm excited to dig into some more things because, you know, I think this is the type of trading that you and I, you know, this is not how you and I grew up trading, right? So I think we are going to have a lot of really good, you know, conversation with Logan about how, you know, specifically the zero DTEs work, how people are approaching markets from, you know, just a different perspective from where we came from. So I'm excited about this. Yep, he's done well. He's he's been he's achieved rockstar status. Um so let's let's hear a little bit of um from him and what he's doing with himself. A young guy so you're going to see when when he comes on we're going to hear all about it. You ready for this? Let's do it. Let's do it. Bring out Logan. Here we come. Dude, you're here. You made it. I'm here. Nice to meet you, Logan. Nice to see you. I I've already met you, actually, and you know Mark from pre-show. Yes, sir. Thanks for coming on. As you heard when we're yapping before, you know, we talked a little bit about the lifestyle thing, which you're kind of good at. And we're talking a little bit about trading, and we're not sure which one we like better. Trading kind of affords our lifestyle in a way, right? That's how we look at it. But we like to have a good time, to be honest. Um so, tell us a little bit about yourself. Let's Let's let you do the talking. Give us a little background. Yeah, I know you're a young guy cuz we talked before. So, this is amazing. Logan's had some really great success, and we're going to talk all about it. And um you know, he's going to tell us a little bit about what what what he's offering these days. So, have at it, Logan. Give it to us. Yeah, so, you know, I'm 26. Trading has been in my life since I was 18. And it really came from this kind of funny story when I was a teenager. It's like I think it was 17 specifically, and I was working at a pizza place, like just as a normal teenage job. And I was actually bussing tables because they had like a restaurant with like, you know, you can actually drink and stuff. So, you know, I was just bussing tables, and I remember one day this guy came in and was like, "I put two grand into Bitcoin, and it ran up to 20,000." And this was like, you know, December 2017 or 20 Like right around that bull run. And I was like, "Wow, that's pretty interesting." So, I remember that following year, you know, of 2018 for me specifically, you know, when I was turning 18, I had essentially just got right into the markets. Like I got into this idea that, you know, if I just put two, 300, 400 bucks in here and there, that I can invest my money for the long term. And then trading kind of showed up because as, you know, you put money in and you have businesses and you, you know, work every day, you have a little bit extra capital and you're like, man, what if I just start putting some of this in like a more leveraged way, right? Options, whether you're buying them, selling them. I started buying them as everyone does. Quickly learned that selling them allows me to do whatever I want in the daytime, you know? If I'm just selling options successfully, I can go to the gym at noon, you know? I don't have to wait and what, manage my position and watch every little tick and stop out and grab more credit and whatever it is, new contracts, like when you're buying them, you know? And um, you know, I just quickly started selling options and that just became like my big run was uh, just consistently doing it. I mean, I've been making content around it for over 5 years, you know? A lot of people that I've traded with, a lot of people have seen my videos, you know? And that's just the big, you know, my little background and story was I just I got into SPX strictly because of the tax benefits and the cash settlement. You know, if you're if you're trading spreads on Apple, your broker can close you out with like an hour to go, right? If it thinks you're close on day of expiration or you can get assigned. I was like, oh man, SPX is really cool because you can just, you know, this is cash settled, there's no early assignment, there's no worry of that. So, That is beautiful, isn't it? It is. Yes, SPX might be the industry's most beautiful product. Yeah, I think I was going to ask you, Mark. I think I think you're right. I think VIX is a close second, but SPX, I mean, VIX has a little complexity to it with, you know, the future for each month, but that's, you know, that's manageable. But I think Logan's right, that SPX, man, what a what a hunting ground for for selling premium, buying premium, whatever you want to do. I I like selling it, too. I think Mark's probably a little more of a buyer. Um, but, you know, we don't do just one thing. We had this little debate at our our summit the other day about just selling or just buying. Anyway, um but yeah, no, it's you're right. It is a truly great product for that. You mentioned the the tax um uh advantage, too, right? So, there's a 60/40 tax treatment with with this type of index. Mark, do you take advantage of that little baby ever with your RAA business? 1256 all day, baby. Yeah? Okay. I love it. I love it. So, what Where did you learn options, Logan? I mean, you know, it's not like you're 18 years old and you come out of the womb and you're like, "Oh, this is easy. I get it. I'm going to start, you know, cranking this out." What What did you do to kind of teach yourself first before you became a trader? Yeah. I just watched a couple YouTube videos, honestly, and then was like, "I'm going to trial and error this with such a little amount and learn everything on my own." Okay. So, you know, that was I basically like started selling spreads on big stocks, like Amazon and Apple, and I was simply doing it because it was such a cheap entry, right? Where like SPX required, you know, if you wanted to do a 20 wide, you need $2,000, right? If you're selling it. And then I could just have fun with like Apple, Amazon, stuff like that. And you know, that kind of pushed me a little bit more into the SPX realm. And that's where like a lot of my, I guess, success came from. With just Mhm. Switching to SPX changed my entire mentality. It changed me from trying to make money that day, every day, or trying to capitalize on a move, it quickly changed that into like, "Okay, I can treat this like a fund. Like I could basically be, you know, my own little fund manager because of all of these tax breaks." I mean, I think the coolest one is like, you know, for me, teaching people about this is like the average salary in America is 50 grand a year, right? That's average. And they're going to pay tax on that money. Well, if you make 50 grand on SPX, 60% of those gains are long-term capped, right? And you pay 0% up to around 50 grand, right? So, you're really looking at paying like $3,000 to the IRS if you make 50 grand trading SPX. So, it has a really low, what I like to call like low ceiling for having success. Like, you don't have to break through and be this seven-figure guy. You don't have like you could just be a normal person who has a really good strategy that you run day-to-day. You eat the losses when they show up and it's like you literally could be better off trading than working even at a smaller scale, right? Because of the tax benefits and I think that's something that some people don't really realize. And then I get I get excited because I read into the nuances of everything, which is like you know, there's so many benefits to just doing 1256 and you can just wake up every day and let money compound over time, you know, versus like trying to guess exactly what's going to happen every day in the markets, you know, with other strategies. Yeah. Mark, you had a question? Uh I just said my financial advisor had his off for this conversation. So, for no intents and purposes is this financial advice. And uh yeah, no, it's uh I think the accessibility of markets, the things you can do right now is is phenomenal. And you know, for people to have that play account to get involved, right? Logan, the way you described getting involved initially is like just making some small errors, right? Like, strikes are tight, spreads are easy, accessibility's easy. Like, learn about options through doing, right? The cost of learning is so cheap with these these liquid markets, so um you know, Yeah. I look at it, too. It's like, I'm 26. You know, I could even take like 3 years off and still be 29 and then come back and crush it for 4 years and just be 33 like chilling, you know? Like that's kind of been Like I don't know, it's so weird, but it just it's like it's part of my routine, which is just like yeah, I'll check markets, try to sell something if I can, you know, and like play within the parameters that you're willing to take on. Right. So, let me let me ask you about that a little bit about the selling part of it, right? Yeah. Uh cuz Mark and I had a little bit of a debate. I agreed with him at the end of it, but uh That's what we always do. I mean, come on. I mean, I'm always right. I mean, this is what we do. Um I'm a big seller premium, too, but you know, you can't always sell premium, you know, especially if it gets dog ass cheap. I mean, you maybe you can do calendars or something like that and take advantage of of, you know, theta that way. Um are you always selling premium or are you picking your spots like you said, meaning when it's high enough to sell and there's an advantage to selling it, are you doing it or are you just saying god balls out, let's go, I'm selling this stuff? Yeah, I mean, I I say like I need my setup to be there, which just really requires like the expected move. Like I need the trade to be outside of what's expected or I should expect to get tested, you know, is kind of what I've treat can pick that, right? You can do that math beforehand. You can say SPX is a 40 point move expected. I'm going to do it 50 points out, right? You You can make that choice proactively yourself. Yeah, totally. And I try to do it when like it makes the most sense premium-wise to do it. Like if we gap up 30 points, I'll look at selling outside of it cuz we already have the market pushing it bigger. So, you're doing Yeah, okay, understood. So, you're doing it You're not doing things overnight necessarily. You probably have some things on overnight, but in order to take advantage of this move, you're letting it happen the day of and saying, "Okay, here's here's what I'm going to do for today." and you know, you're going to take your shekels as they come into you. Yeah? Yeah, totally cuz you know, overnight moves are great. I mean, I do like the strategies there are to be said for one DTE where you put it on at close and then you wake up and if the market hasn't moved, you know, you already have collected volatility decay so you can just rip that off. So, yeah, that for me is like a really big, you know, mental checklist part is just what strategy am I running, what am I shooting for here, what am I trying to make, am I shooting for consistency, am I shooting for, you know, the quality of a trade. Um, for me like I like just playing with a lot of the zero DTEs because that gives me more time to, you know, I like scalping these days because some of these moves are so quick and then that we often give them right back. So, you know, it's so common in this market specifically for us to rip 40 points, dump 25 and then rip the 25 back. So, even if you just get one good fill in there on that like and close it out pretty quick, then you can be in and out, collect 30, 40% of your credit and just move on to Got you. Got you. Um, Mark, I have a ton of questions so you you cut me off if if you have some. No, fire away. Um, so what You get your move in the morning, you're right playing the zero DTE game, you know, where's your where's your short delta generally? Do you have a favorite short delta where you're saying I'm going to sell the 20 delta call and buy, you know, one strike up, you know, I know they're $5 increments, but five strikes up, 10 strikes up, you know, what what's your honey zone? Do you have a honey zone or is it just kind of It depends on the setup, but I would say around 12, like 12 to 16 is kind of what I'm thinking. Yeah, but it also like there's parameters too. It's like where is our gamma exposure, you know, do we have like a call wall that might be in the way or a put wall as well, you know, I don't want to put myself if ES is going to be, you know, if I let's say we gapped up 30 points and ES is like 20 more points away from being at a whole number, like I don't know, ES 7500. Yeah, you don't like that? Yeah, I don't want to place myself where like a big psychological number can be because they like to, you know, either push it towards it, go above it, rip back below it really quick, you know, just the psychology of like those whole numbers. So, that comes down that's part of it, too. You know, I think overall it's just or I'll look at a spot if I'm doing like a put credit spread, you know, okay, hey, we have support at 7400. So, I'm going to place it not at 74, but like maybe 7390 because those points will give me more of a buffer if we do come down test support, you know. Make sense. Got it. Got it. Good. And now, are you looking at at any sort of charting kind of patterns at all? Do you use that at all or not even? Yeah, no, I do. I I like to use standard deviated charts over like a 10-day 30-minute period. So, and then I like I zoom out with a 90-day 1-hour chart. And what that allows me to do is look like intraday for specific entries, and then the other chart, you know, you're looking at the grand scheme of things. So, you know, it it's been I would say with like the March selling and then the April ripping, we've seen going from the top of the chart to the bottom back up to the top. Yeah, right. You know, it it's hard I would say for a lot of people to kind of grasp when that flip is going to happen, but the standard deviation charts can definitely give you a little bit of guidance to like, okay, if it happens now, here's what I should expect to see. Well, you must love the Trump tweets then when the when the spoos gap, what do you call them? Spoos? When the spoos gap, you know, 1 and 1/2% in the morning, that's that's got to be a honey zone for you. Oh, yeah, as long as the markets move before open. If it hasn't, like today, you know, like today I got stopped out on my trade because it hadn't moved, you know, I'm trying to collect the volatility decay, and then we get a big move, right? And I think that's something for me that like I always struggle on those days a little bit at least. So have a flat open and then it's going to it's going to drive its way one way or another, you know, by 10:00 in the morning or something like that. Yeah, you know, if you're expected 40 points and you open flat, you know, you should expect 40 points to occur in one or the other directions. So not that it always does and sometimes it'll go up 10 and then drop 30 and then back up to zero. You know, that's how you can get your 40, but that's like for me I yeah, if we get specifically gap ups because 80% of green Sorry, 80% of moves like 80% of the growth of the S&P occurs after hours, right? It's when we close we close and open up higher the next day. So intraday is about a 50/50 shot of being green or red. So you have a little bit of a better strategy as far as like you can do put credit spreads, call credit spreads, you know, whichever side you like. Yeah, and but but I'm I'm assuming then that, you know, if you get a move up 40 in spooz and it's under your range and you're going to say, "Okay, good setup. Boom, whack a call spread out, sell a call spread." You I think you mentioned earlier, I don't I don't we didn't focus on it, but you're taking 30, 40% out of that of the of the credit. You're trying to at least Yeah, somewhere along 30, 40 and then I will let it expire if I had like let's say I take it I don't know volatility's really high. So like VIX 25. You know, so you're looking at like 100 point moves a day and we open up like 120 to the upside. Sometimes you get in and the market will just dump 50 or 60 points. You know, if you're in like the CCS side. On days like that I'll just try to let those expire cuz I'll be like, "Man, because the volatility was so high, I got so much good premium and now I have over 100 points of runway." So days like that I generally try to just like let them go 90 80, 90, 100% and you know, that's why I think my strategy really comes down to the entry like the setup has to be there. And then, you know, you can see success like over that time. You know, like I was saying, today, you know, I got stopped out of my trade. Um but I've been tracking my results for the last couple of weeks and you know, it was up 16% now it's 10% in just 2 weeks of running my strategy. So, you know, not like the most life-changing amount and of course you're going to see the ups and downs, but I've been tracking the last couple weeks like through my PeakBot performer. So, those guys which has been cool. So, you know, that's like something that I do and then um that which is what allows people to follow my trades if they want to fully hands-off, which has been fun part. to talk about that in a second. One more thing Ben that Mark's chime in here. Oh no, I have a question. So, whenever go. Oh yeah, spot. So, you talking about stops. How do you How do you How do you push that stop? So, is it auto you know, not auto I know it's automated PeakBot, but in your head, where's the stop? If you could take in 30ish percent except for the big ones, you know, where you let them go all the way, where's your stop? Well, I'll do 30%. The only reason I ask these things is cuz I think retail people like to understand this, right? Definitely. So, I I like to So, I have like three different forms of management, but as far as the you know, I like rolling and hedging is like one of my favorites where, you know, you can take move the position to the next day or a couple days later and buy a lot more strikes, you know, and then kind of trade around that maybe to the bottom, above it, you know, pay for some of the debits you may have paid. And then, my other form for like stop losses is I don't have like a strict number set. For me, it's more how are we looking volatility-wise? Cuz like even today, you know, the market went up really quick in the morning and then it slowly just chopped sideways. And you're going to see your legs that are outside of the money decay over that time. But for me, if I'm going to take a loss, I try to, you know, keep it within a kind of 1 to 3 or 1 to 4 parameters. So, if I got a dollar in credit, you know, if I get down 300, 400 bucks and it's really pushing against me, I'll just strip that off. And then the next position I take or so, I'll be looking to get like a buck 50 or $2 in credit, you know, so I can absorb a little bit more volatility and then, you know, a few winners will take care of the the loser that you have. Yeah, got you. Okay. Mark, fire away, man. Yeah, you know, you're talking about like some of your portfolios and what your given strategy is. Like, how many like strategies or sleeves are you running at any given time? Like, do you have one big sort of like alpha fund that is like the the super you're running sleeve against sleeve against sleeve? Like, how do you think about portfolio construction with your option strategies? Yeah, I mean, it really depends. I think that's a good question. You're making me think. Um, so for me specifically, it really it changes. Like, it changes based on my lifestyle. So, sometimes I'll just focus on like the really big portfolio and just try to get as much credit, big risk. You know, but then after a couple days of like trading 100, 150, 200 contracts at once in one lot or like one placement, scalping that, all that. I like to break it off into like smaller pieces as well. Like, okay, I have this meeting at 2:00 p.m. I'm going to make sure I'm out of my trade by 1:00 and I'll break it off into a different sleeve. And of course, like with people following me as well, um, I kind of just set my benchmark. So, like 50% a year is kind of the benchmark that I shoot for with selling. And I know there's guys that do better and I've of course had years where I do better. But that 50% is like what makes it worth my time because number one, I'm passionate about it. And then number two, you know, sustaining anything higher than that as being a seller is very difficult. So, it keeps me grounded to not want to chase after like super fast results and anything that might like be very flashy and like, "Oh, look, you guys can do this, too." And it's like, I don't know. That seems very difficult for a lot of people to to mimic, but, you know, that's the thing for me. Like, if you compound a 50% return a year over 10 years, I mean, you're looking at a really insane return. So, that's my benchmark, and then that's also what, you know, I mean, like I was saying earlier with even my peak bot peak bot performance, in 2 weeks up 10% on the whole port, you know, if if I can continue to construct these trades properly, you know, I think 50% a year should be a pretty solid goal to achieve. I think there are a lot of people that would be very envious of a 50% compounded return. You think? And that's why I think like it's very hard. I mean, that's definitely like I was saying earlier, my big story came from 300 grand to 2.4 million, you know, and that was like my big breakthrough of trading. And I have a bunch of YouTube videos on it. And um where I show account statements, my mindset, my mentality through it. And it's like, that was that was one of those like the run was so good, and now I just want to kind of sustain, live a little bit more, live a little smarter, focus on more brand stuff as well, like growing the Logan Latch stuff, and um I just feel more passionate about that side of things, and definitely lowers my stress, too, of not seeing the wild swings constantly, you know. Uh we I we know that feeling. So, tell us about Logan uh Latch. Uh your your your I guess it's your site? And your Yes, that's just, you know, my YouTube, uh Instagram, TikTok, all the social media like branding and my trading group around that and everything as well. Okay, so are you selling any sort of sort of subscriptions to the group or are you not not really? Yeah, totally. So I have, you know, my Discord group, which is just basically a place where I manually call out trades a couple times a week for people to take. And then it's just a place to hang out, you know, if it's if a tweet comes out at noon or 2:00 p.m. this company announces, "Hey, you know, this is our new thing." and the stock jumps 5%. It's just a cool spot for people to hang out and chat. And then yeah, I have my PeakBot. Um essentially people automated fully automated can follow my trades. So, you know, Okay. I take a contract, they get one. If they want to take two contracts when I take one, they can. Um and that's all based on a 10K account. So it's a 10K to 50K tier. So it's not for anybody who has a bigger than Well, if you have bigger than 50K, it might be a little easier, but you know, if you're like going to put 200 grand into this, like you can't yet. So it's more of a bite-size way of people to be able to follow my trades and then, you know, I do the manual calls and stuff on Discord because that can be quite fun too, you know. Well, you used to do that a little bit, right, with PeakBot? You do little some work with them as well, huh? Very friendly with the gentleman over at PeakBot. Shout out to Ben and Dylan. Yeah, for sure. Good Great guys. Um awesome, man. So uh Mark, let's give him a speed round. What do you think? You ready to uh Logan? Yeah, I'm ready. About as ready as I'll ever be, yeah. Yeah, all right. There's no right answer here, I don't think. I mean, you know, you're going to you'll get this. Oh, there are right answers, let's be clear. There are maybe there are right answers. But he's so young. He Some of these things I he might not even know. They're so it's so old. I Who knows? Oh boy. Boom. Boom. Need to fill the speed round. I drink mine out of a out of a Yeti mug today. Look at this. What are we, a soccer soccer dad over here? Soccer dad, you know, not anymore. Ah. God dang is that good. All right, Logan, you ready? Mark, you want to go through You want to do the odds, I'll do the evens? How do you How do you want to do this? That means I start. You got it. You want to do it You want to do it? All right, Logan. Yep, like Lex said, these are We got 12 quick questions for you. So, don't think too much. There are only wrong answers. is It is spit them out. Ready? Yeah, let's do it. Hold on. I got to give him a bell. Here we go. Don't Don't end the show, whoever or the production people. What market event permanently changed how you trade? Uh COVID, for sure. Interesting. Long vol, short vol, or emotionally hedged? Uh emotionally hedged. Who trades better, the buy side or the sell side? Uh the sell side, for sure. Okay. Gamma or Vega? Gamma. Good. Are covered calls a good retail strategy? For some. That's emotionally hedged right there. That is. What trading habit has cost you the most amount of money? Definitely FOMO. FOMO, I love that answer. I have FOMO every sense of the word. All right, we're going to switch it up here. What is the best trading movie out there? Oh, man. Wall Street. I love it. What market What market cliché do you believe to be true? Uh oh, yeah. That the It's just a a transfer from the a money transfer from impatient people to patient people. That's good, too. I was going to say the Santa Claus rally. I I believe in I believe in Santa Claus. I I do, too. Um what do you do to unwind from a stressful trading day? Uh, I just hit the gym like immediately. Sometimes I'm driving to the gym as it closes. Depends on the day. Would would you rather be right on your timing or your direction? Timing every time. Got it. Good. What metric is the most overrated in trading? Oh, man. Uh RSI. Okay. Good. I like that, too. All right, last one. SPX or VIX? Easy one. Yeah, it's easy one. You already said it. That's it. You did it. You passed with flying colors, man. Colors, colors. I like it. I Not a bad question. Is that SPX VIX a bad question? I like it. I like I think there's a good reason you can answer VIX, but I mean, you made it sound so obvious. I mean, I look at them both the same amount each day, but I just trade one of them. So, it's you know. Okay. You get a lot of bang for your buck with SPX, I must admit. Yeah. It's hard to hard to pass it up. Yeah, that's $7,500 index. It's pretty nice with that liquidity. It's pretty pretty good. Yes. Yeah. All right. Anything else you you need to tell the the audience, uh, Logan? How do they find you? loganladge.com or something like that? What do we What do we go to get you? Yeah, just go to YouTube, uh, Logan Ladge and you'll see the zero DT options tag next to my name. Um, you know, and then I also have like an Instagram. I have an X account, too. I don't really use it as much, but it is there. Um, you know, so overall, like that's a great way to find me, contact me, watch the videos, you know, and then if you guys want to follow some trades, too, I have a couple links to that and my goal isn't anything too crazy. It's just, uh, outperform the S&P every year. You know, I love trading, so as long as I'm doing that, it's worth doing because, you know, otherwise just invest your money. So Love it. Well, thanks so much for coming on on our wind down show here. It's This was fun. You did a great job and happy to hear about your success, you know, we're going to we're going to publish this and hopefully you get get you some more followers in the community. Sweet. I really appreciate you guys having me on. All right, man. Be well and have a have a great weekend. Thank you. All right, Mark and I are going to chat soon. Yep, happy trading. So I don't know, Mark, what do you think about that? Young guy cranking it out, man. That's And my dog's barking. She liked it, too. I love that sound effect. That actually worked pretty well. It did. So what do you what do you think? That was that was fantastic. I mean, he's a nice young man and knows his stuff. You know every time I feel like I like shun zero DTEs, I'm like, "Nope, I'm done with these." And then I feel like they just keep pulling me back. And I feel like there's some gravitation to them. Whether it's like I hear someone success there, I hear, you know, stats about the volume there, you know there's something about zero DTEs that have this gravity. Yeah. You know what I liked a lot that he said, too, is um he he actually has a process, you know, and and and whether you don't you're not a day type trader or what you're doing spreads or not one of the bigger takeaways, I think, is the process part of it, you know, you got to have that process. It's and and he he sticks to it. So the discipline is there because if the setup isn't good, it sounds like he's not making a trade that day, potentially. Um so that's that's a that's a sign of discipline in and of itself, I think, right? So That and having a boundless enthusiasm for the markets, right? Like there're going to be ups, there're going to be downs, but if you don't love this game, like, you know, it's going to beat you up pretty quickly. So you know, success that's going to come that will come that hopefully comes, but, you know, to have the true passion for the game, I think, is is the only way you stay in business. Yep, for sure. All right, let's um let's do this. Let's Let's get a little vino on the board here. What are What are you What are you going with today? Um you have Let's see what you got here. Let's bring that in. You're You're I'm in the I'm in the solo cup, not the solo cup, the Yeti cup. Uh you get like several points deducted for that. I hate I know that's a bad one. I agree. I was uh I was outside I've got a big dinner party tomorrow. So, part of my wine story is about my dinner party tomorrow. But, we'll get that in a second. So, you got um How do you say this? Uh tertre tertre I particularly picked the most like difficult R-rolling French uh name for us here. Uh tertre haut-brion haut-brion How did I do? haut-brion haut-brion And uh I know this wine. It's a delicious Saint-Émilion. Um it haut-brion like literally means the the like like like burping cow, the like belching bœuf. Oh. Uh so, tertre meaning like the the region of the belching cow. Okay. Beautiful, right? I mean, Saint-Émilion's beautiful, which is where this is from. going to be a predominantly a a Merlot grape from Saint-Émilion, yeah? Yep. Actually, I don't know the exact numbers, but it's got to be predominantly It tastes predominantly Merlot. Yeah. Maybe a little cab franc. Uh it is You know, I'm getting a lot This is I probably popped this right before the show. Yep. Very green still. This is a 2015. It still needs a little bit of air. No kidding. Okay. It's predominantly like green. I mean, less so now, but Okay. Coming in with place. So, yeah, mostly Merlot. Um they're not necessarily They're a grand cru grand cru classé. The right bank Bordeaux has their complicated, you know, measures. But, um or classifications, I should say. But, uh you know lush like you know pretty rich 15 was hot so we got like you know really full bodied this is this is the barbecue is going up later so this is anticipating that love it love it all right and then what do we what are you thinking about price on this guy what's what does it typically retail for ballpark so on pre-order I think I was in the upper 180 190 but like cost to carry I think we're pushing three right now like honestly so this is so it's not cheap I mean it's not a cheap one it's a it's up there it's up there no this is great I mean this is in you know Cheval Blanc quite yet but it's very similar to our war right like that kind of like cinnamon you know sits on that big hill up there we've got like limestone all beneath it some clay up over in Pomerol and whatnot but like these all these vineyards are right kind of tucked all around each other sure you know at 11 12 years old 11 this needs some air right like you need I like that 20 30 minute decant I like I I don't have that I don't have that much patience for for for 30 minute decant well that's why we talked about trading for 30 minutes because right now they're showing beautifully that's perfect right now but dinner's not ready if you're not eating dinner at this this hour well I got a kindergartner I'm having I'm having snacks right now oh I forgot I forgot cool man so what are you going to what are you cooking with this baby the I mean this is going to sound a little untraditional I'd love to have thrown ribeyes on there but I've actually got nice salmon oh I like it I like it very cool I mean that's not 100% the proper pairing I should be going a little lighter I should probably have pulled out a Pinot. I was in the mood for Bordeaux though. That's who I'm always in the mood for Bordeaux. You know, I had a glass of Chartreuse before I came down and I said, "Ah, you know, I need to balance this." I Just the regular old Thursday. Here we are. Yeah, I you will not catch me at the gym on noon on Thursday. 8:00 a.m., yes. Not noon. That's awesome. All right. I I think you know, I don't know. I don't know if I have time for mine. We're we're getting we're getting past time here, Mark. We need a teaser because you were drinking uh you know, contemporaneously important Judgment of Paris 50 years ago. Yep. Who beat the French? The Americans. The Americans did. Wine tasting. Yep. Napa beats Bordeaux. It did. It did a long time ago. This this wine that I have in my Yeti cup is Can you see that bottle? This is the bottle This isn't specifically the bottle that won, but this is the wine that won. Yeah, was it Stag's Leap or was it Chateau Montelena? I thought it was Montelena. Montelena won the white, Stag's Leap won the red. Oh, Stag's Leap won the the red. You're right. You're right. So, there's actually funny there's two Stag's Leaps. One has the apostrophe after the S, one has the apostrophe before the S. And they won the war more than me. They they they won to a lawsuit over this. I was at this winery a couple years ago um in person and um they told us that story and they fought it and then what the settlement was is one had to put the apostrophe after the S, one had to put it before the S. And the one that I have here is the is the more renowned one I'd say. Um this is the Leap designation or you know, vineyard designate. Um you know, I'm getting it's probably in a 120 130 range a bottle. Um the newer stuff, you know, the this is a 2022. Um but as you can imagine with Napa wine and and they're they're huge on this. You know, it gets kind of the bad news is it gets, you know, over extracted the big Napa cab. It's dark dark purple and mega purple plum and it's crazy. They and I you know, everyone says it's over oak. I don't think it is. This is one of the greatest young wines that I've had recently, right? And is it? It's 2022. So I get it shipped to me Uh you know, my guess I'm on their whatever you call it their club or whatever it is one of so what do I get once a quarter probably? I get some wine from them is my guess. I get either I probably get six bottles sent from them. They pick them, you know, I tell them what I like and they they generally pick them. But I always get some leap and I got to tell you man, you have you put this baby with that like you said that big ribeye, holy cow. It'll knock your socks off. Just knock your socks off. 100% cab, right? Yeah, it's 100% cab, right? So they and they have they have some legendary petite petite sirah that they grow too and use. But and they they sell a straight a straight petite sirah that's really out of this world. It's just fantastic. So I just really like it and you know, you think Louis Martini's like this too which I also like those two names that actually been Louis you know, some people you can get you can get the lower end versions of that that are 15 30 bucks, you know, and people like ah they're cheap crappy ones. But what I didn't realize is if you go to the winery which I did for both of those and you get into their their stuff, they show you the stuff that we never see out in Illinois. It's just it's it's indigenous to California. It never gets out of the state really and they get all the goodies. So that's what I love about it. I was shocked. I I came out of place going wow. The whole group I was with there was were floored by how good this was. So any who it's it's big. It's bold. It probably needs 30 minutes, you know, open as well, right? Breathing Well, I feel like California those open up a little bit quicker. They do, for sure. I I agree with that. Um but ribeyes are great. opens quicker, too, for sure. Yeah. Yeah. Any any kind of big beef, you know, lamb's always good with this sucker. Um any kind of big ribeye, a lot of fat in there, too, you know, get that cast cast iron skillet work with some garlic and rosemary. Yes, I'm not a char, for sure, like definitely compliments it. I love it. So, anyhow, guess what I'm having with tonight? I'm having it with um pizza. Okay. Yeah. You know what? As long as you like the wine and you like the food, everything's copacetic. Doesn't need to be the perfect pairing every single time. I agree. I could care less if I'm drinking a big red with a with fish or a light little dainty canapé, doesn't matter to me. I'll drink it I just cuz I like the wine. That's why I do it. Absolutely. I mean, champagne and caviar, for sure, but you want to serve me a syrah, I'll happily take both. Yeah. Yeah, for sure. All right, brother. We should uh move along and get ready for the big weekend. What do you think? I think it's that time. Do we get to ring our post bell? We do. We're going to ring the post bell. That means it's over for today. So, this is the wind down. Um you know what? We're going to have guests, right, Mark? We're going to have Sometimes we're not going to have guests. We're always going to talk about the markets. We're always going to talk about maybe probably some wine, but also a little lifestyle. We didn't get into it with Logan on his some of the cars he's owned. Um but he has some he has some really kickass cars. You can imagine a young kid with all that money. He's like, "Yeah, I'm going to go buy a you know, McLaren or something. Why not?" Ooh. What So, he some some fancy stuff. Otherwise, check us out on Traders Workshop at 9:00 a.m. Central on Thursdays. That's live as well as um this show, the Market Wind Down, sponsored by our friends at My X. Anything else from you, Mark? Cheers. Happy trading. Cheers. Happy trading and happy, you know, wine weekend. What do you say? Viva. Viva. All right, buddy. Have a good one. You know how the financial world goes. Here comes the buzzkill. Please make sure to take some time to read this boring disclaimer. We will owe you one.