So, as you all know, last year a very rare manuscript appeared that had never been seen before. It was Lewis Carroll's original handwritten version of Through the Looking Glass with his own hand-drawn illustrations, and somehow I managed to get exclusive rights to publish the facsimile of this, and Happy April Fool's Day. That is not exactly how it happened. It was about two years ago that Mark Richards and I were having a glass of wine at an event, a Lewis Carroll event, and I don't know how the conversation got there, but at some point Mark said to me, wouldn't it be great if Lewis Carroll's hitherto unknown version, handwritten version of Through the Looking Glass, just showed up some day, had been discovered in a dusty trunk somewhere? And I said, yeah, that would be wonderful, because like many of you, I'm a big fan of Alice's Adventures Underground. I love seeing Lewis Carroll's original handwritten intention of what he wanted, that what eventually became Alice's Adventures in Wonderland, but in his own handwriting and with his own charming but somewhat clumsy illustrations, I've had my little dover reprint of Alice's Adventures Underground since I was a teenager, and I've just always loved it. So the fantasy of there being a Through the Looking Glass version of that, as soon as Mark mentioned it to me, I thought, yes, if something like that showed up, of course there would be a facsimile for us all to buy, and then the next thing that came out of my mouth was so strange, I said I would even buy a facsimile of such a thing if it was fake. And we laughed, and then I couldn't get it out of my mind. I thought, yeah, if somebody created a fake version of Through the Looking Glass manuscript and it was published in facsimile, I would buy it. And then I thought, well, probably so would hundreds of other people, maybe we should create one. So I ran this idea past Mark Burstein for some advice, and he said, well, I don't know if you could sell that idea to a publisher, but you could self-publish it. It's very easy to do nowadays, and the books could be printed on demand. And I said, all right, well, I need some help. I'm going to need an illustrator. He recommended Jonathan. I said I'm going to need a book designer, and he recommended Andrew. So here are the three of us, the dream team that created Looking Glass House. And I don't know if the three of us have ever been in a room together, ever, ever. This is the first time. We conducted our partnership completely by telephone and email and created this book. And if you don't have one, I brought several copies with me today that I can sell you. They're $20. I'll spare you the postage that you would have to pay on Amazon. If you don't have one and don't want to get one today, you can get them on amazon.com. And there's part of me that doesn't want to tell you anything about what's inside this book, if you haven't seen it. Obviously, as these gentlemen talk, you're going to find out a little about this book. But part of its charm is that we wanted, we know that Lewis Carroll had a very playful imagination. And in creating Alice's Adventures Underground, it's kind of a playful book in that there's kind of a little surprise on every page as you go through it. And we wanted our book to feel as handmade as possible. We wanted Lewis Carroll's spirit to really inhabit this book so that you really felt the playful spirit and quality of Lewis Carroll's creativity coming through in what we were creating in his style. So I'm not going to give any of those away. These gentlemen might. But I don't want you guys to give too much away because there's just so many good things in this book. I'm just going to hold up to give you an impression of what it looks like inside. There is a tone to the pages that makes it look like a facsimile of an antique book. The chapter headings and the illustrations, we've gone as far as we could to make this look as much like Lewis Carroll's own work as possible. One of the heroes of this book that is not on the stage today is whoever came up with Lewis Carroll font. Because I don't think we would have taken on this project if we would have had to create Lewis Carroll's penmanship by hand. That was that was just going to be too much work. But anyone can download Lewis Carroll font. So thank you whoever did that so that we could with a computer render the text into this kind of format. Gentlemen, why don't I hand it off to you guys? Let me say one more thing. I knew there was more thing I wanted to say print on demand. We wanted our book to look like it was a facsimile of something that had been created by hand.  So we had to create what looked like a handmade book that would be made without any kind of human interaction. So basically as our book designer, Andrew had to create a PDF that used all the characteristics of something that was supposedly made by hand. And this PDF would be dropped mechanically into a machine and printed in a way that was convincing enough to make it look like this was actually made by hand. I think we succeeded and it was no easy task. So now I'm going to pass this on to you guys. You first. We'll talk to our illustrator first. So here's Jonathan, who took on the unenviable task of imitating Lewis Carroll's illustration style. Well, and I keep telling Daniel that you need to give him a little bit because it's like drugs and it like makes him want more and then they come and then you charge him a lot of money for it. Go ahead. Okay. So it feels weird because I'm talking about some pictures that we're pretending are by Lewis Carroll, but they're really not. And I did them. So Daniel came to me and he said, give him a taste of it. He said, can you draw like Lewis Carroll? And I said, of course I can draw like Lewis Carroll. Lewis Carroll couldn't draw very well, so it'll be easy. So as soon as I committed to it, fear set in. And really, this is a good excuse to talk about Lewis Carroll's drawing style in a way because I had to really immerse myself in it. And I haven't seen a whole lot on it actually. People say, yeah, Lewis Carroll drew his own pictures, but I don't know that I've seen a lot of analysis of his picture. So maybe I can get into that because I had to try to imitate that. That immersion, I think, was what was most rewarding to me because what I found is he was an amateurish artist. We know that sort of crude. He had talent. But what made it hard is there is. And they came from the same mind that wrote Alice and the same mind that took those photos and the same mind that we all love. So I really had to immerse myself in that. And how do you draw a spirit? Because his pictures are pure. They're him. And so I could, yeah, I try to imitate an amateurish artist, but that wouldn't necessarily be Lewis Carroll. So that was the hard part. How do you imitate a spirit? I don't know. I know when I've done things related to Lewis Carroll, like the hunting of the snark or when the society publicly guided Abraja for the first time. And I'm proud to say I was the first illustrator of work by Lewis Carroll. And then the theater company I'm with in Santa Fe did liquidate Abraja as a puppet production. My goal was always, I don't want to interpret Lewis Carroll. I want it to feel like him. That's the goal. It has to feel like him. And if it doesn't, it's a failure. So this was almost the most pure version of trying to feel like him as trying to draw like him. So I went through and I looked at all his pictures that I could find, and not just Alice Underground, but also his family magazines. And there's a good book by Morton Cohen and Edward Wakeling collecting his Lewis Carroll's letters to his illustrators.  And I just went through all those and just tried to pack it in so much that it would leak out of my fingers in the end without too much thought. You know, I hope I succeeded. There are a few times I think I fooled myself even when I was drawing these. I would get my pictures mixed up with some of his. And I would think, OK, in this picture, I have to try to capture the spirit or the feel that Lewis Carroll had in his picture of Tweedledum and Tweedledee. I thought, no, wait, I did that one. So I could see it coming out. The strange thing is sometimes it would work and sometimes it wouldn't. Like I'd be sitting down and on some days I couldn't do it. And I would start freaking out saying, I've lost it. I've lost the feel and things would come out with good perspective or good anatomy. And I'd go, no, that's wrong. And then the next day or a couple of days I'd let it go and it would flow again. That was the tricky thing of trying to imitate Lewis Carroll, I think, is going against so many of my own instincts that I've tried to develop over the years of good drawing. And it was a real battle because actually I find it distressingly easy to draw badly. But over the years I've, as you try to do, you try to detect that as you're drawing it and then fix it and say, oh, that's not good. The leg's too short or whatever. This time I would be drawing and I would be saying, the perspective's flat. It's bland. It's boring. The perspective's wrong. Alice looks like her shoulder's dislocated. And I'd go, but that makes it right. Another thing is this did take some intellectual analysis to as well as just the immersion of just looking at the way he tended to draw eyes or noses and analyzing certain things like, for example, when I do shading lines, they tend to go this way. And a lot of artists tend to make their slants of a shading go this way. So I would keep catching myself trying to do my shading lines go other direction. In consistency, that was another one. Studying this, Lewis Carroll went against so many rules of good illustration such as making your characters look the same from one picture to the next. If you look at the Red Queen, she looks completely different in each of his four pictures. And there was sort of a freedom in he didn't care, apparently. So I would purposely put in inconsistencies. And I think it would come up in our discussions like, well, the white knight has a cape in this picture but not in the other one. Yeah, that came, the white knight's cape came from looking at pre-Raphaelite paintings and how they drew knights. So I was trying to imagine what were some of the source pictures Lewis Carroll might use to copy. I remember we talked about the chess pieces sometimes have feet and sometimes have a chess piece base and it's inconsistent from drawing to drawing. Yeah, and the Red Queen in one picture doesn't have any arms. And then in the next one, she does. And I think somebody said, well, that's kind of weird and I say, yeah, it is. Another thing is that was really interesting to study Lewis Carroll's inking style because he didn't do it well. And again, it would just grate on me internally saying, that's not how you use ink to shade. You're supposed to do cross-hatching and things. And he tended, I've never seen anyone comment on this and I've never thought about it until I was trying to recreate it. He tended to use a pen like trying to do shading with a pencil and it doesn't work. Like trying to do less pressure on it and just sort of shading like this. It would work with a pencil, but with a pen it just gets muddy. So I was trying to reproduce muddy, bad inking. But again, keeping the charm of it, that was the tricky part. Can you tell us, were you dipping a pen in ink or was it a fountain pen? No, actually, it's a brown ink pen, some like this. It reproduces a pen in ink look really well, except without all the dangers of big blots and things. So in a way it's kind of strange, and I guess again it's a sign of success of a sort, that when I show these and I didn't prepare anything to show you because it was just too much work. It's just another reason to buy the book everybody. I've got the originals here. If anyone wants to come look in my folder here, you can have a look at what I'm talking about. But partly, if you show those, I'm a bit embarrassed by them because I go, they're not very good. You can be very proud of your work. In the sense of, do I think I replicated Lewis Carroll? Yeah, and I'm proud of that. Maybe 75 to 80% because who can really, it's a bit presumptuous to say, these are what Lewis Carroll would have drawn. We don't know that. He would have done something completely different. But did it capture his spirit? And I think, yeah, to some degree, I'm proud of that. Good, good. I think you should be. We all like to dissect everything in terms of percentage of success. But your intention to capture the spirit is exactly what makes me smile as I turn every page in this book. And for those of us who were on the artistic team that created it, for us to like it as much as we all do, shows a lot about its success. Can I just throw in one quick more thing before we get to Andrew? One of my favorite parts, and it sort of typified the whole project, is I liked that Dan had based his editing down of the text on what we know Lewis Carroll had really thought early on. Like some of his notes that we have. And for example, one of the early chapters is called the glass curtain, right? Right. And that's what he called it. So it gave us a chance, let's do something different. Instead of like the mirror turning into a mist, which is what it is in the final book. Let's try something different, but it's based on his idea. So let's do it parting like a curtain. So that's what I drew is Alice like spreading the mirror aside like that. So it's true to him, and frankly I think it's a better image. I think he should have kept it in his final book. And it reflects Lewis Carroll's love of the stage. So now we have, instead of Alice climbing up, the curtain is parting like a curtain on a stage and she's going up on the stage. That feels true to Lewis Carroll. And frankly, it almost feels more true to Lewis Carroll than what he actually ended up doing. So I think we improved on Lewis Carroll in that one. He spent a lot of time talking about what did Lewis Carroll think? What would he have done? We have that great letter from John Tenniel, the illustrator, who said, I can't draw a wasp and a wig. Please cut the wasp and the wig out. So of course the wasp and the wig is in this rough draft version of the story. He said when the train jumps, Alice would naturally grab hold of the goat's beard instead of the old lady's hair. So of course in this version she grabs the old lady's hair.  It's much shorter, it feels like a rough draft, a lot of famous poetry and longer conversations are missing from this book because this aims to be a simpler version of the story, one that might have been told during a picnic as opposed to something that Lewis Carroll sat down at his desk to write. So it's a simpler, faster version of the story. In speaking of Tenniel, it was hard to forget him and put him out of my mind and go back to actually Lewis Carroll's words. For example, nowhere in the text, even the final one, does he say the white knight is old? So I didn't have to draw him old, it was more interesting. So I thought what might Lewis Carroll have drawn? He was the sympathetic character, he's the only sympathetic character really, other than Alice. He's nice, maybe he's a young noble knight. Maybe this is what maybe Lewis Carroll would base him on a Byrne Jones painting of a noble knight. So I tried to draw Lewis Carroll's version of a Byrne Jones noble knight. The chess pieces, and actually I think the final book even refers to them as having round heads, which is what chess pieces do have. Tenniel drew them as like little people with costumes on. So I said no, let's go back and draw them as chess pieces. He drew Lewis Carroll and his original, drew the cards as cards, not little guys wearing like sandwich board outfits. So I tried to make them look more like chess pieces. Andrew, tell us about the challenges of designing this book. I absolutely am going to show you something on the screen in a moment, but first I would like to say, as Dan said, we were trying to make this look handmade. So all of these letters, and the chapter openers, were in fact drawn by hand. Well they weren't exactly drawn by hand. I took a tight face, which Dan approved, and printed them all out, traced over them, scanned them in Photoshop, put them into Photoshop, squeezed them, hand colored them. So this is actually the scan of the drawing that I did, of the tracing that I did with an old fashioned square nib pen. And I did these multiple times because I am hard to please. So I did them again and again and again, and then Dan said, oh we should put color around them. So when you get the book you'll see there's a little bit of purple because we know Carol like purple ink. So I made them red and then I had to put these purple outlines on them and it wasn't easy. And the same thing was true with the cover. And as you can see, I picked up Jonathan's illustrations of Alice going through the mirror in the front and the back. And Dan and I at the same time, I think our emails were almost simultaneous about, let's reverse this on the back. Wouldn't that be cool? So it was great minds thinking alike. My granddaughter helped me pick the William Morris paper. I have a number of them. Again, the wonders of technology, these papers exist on my computer. And I said, well, Rachel, what do you like? This one or this one or this one? And she said, well, I like these three. And so I showed those to me to Dan and this is the one he picked. So I'm going to hold on to this one. Sure. Also, I'd like to point out that when you look at the cover, sometimes it's easy to assume that an artistic team said, this is what we want. What you see on the cover is actually the 25th or 30th incarnation of should it be this, the letters should be narrower. Oh, that we don't like that. Here's 50 different William Morris prints. So as a creative team, we went through many, many decision-making processes all through email to arrive at what we'd like to best. Once again, we're having some technical difficulties here. How do we close? We need to close this and open my PDF. This is a good opportunity to take a question. Anybody have one? Yes. I just use pencil and ink pen. Oh, sorry. Okay. Oh, all I could go by is the reference books I had and just look like he did pencil sketches or inked over them with a pen and ink that you dip. He would dip. I've never seen him use anything other, I think, than pencil and ink. I've seen some of his original drawings, like in the original Alice Manus grip that's in the British Library. I've actually seen that. Yeah. Yeah, it's about that big. And is there, when you look at those illustrations of the originals, are they all completely inked? Is there any pencil visible on those? I was looking through all the facsimiles to see if there's any pencil where he missed the racing, but I think he erased pretty good. So it's all pen and ink? Yeah, that's all you can see now. And it's sort of a brownish ink, I think. Maybe that's age, so I used brown pens too. Because I know artists use brushes as well with ink, but I don't think that was his technique. It all looks like the nib of a pen. I never saw that. Yeah, maybe some thicker pen tips and thinner ones, but it all looked like a real pen. There we go. So this is original. This is Lewis Carroll. Yeah. Yes. This is Alice's, a spread from Alice's Adventures Underground, the facsimile version that I happened to have, which explains that silly little extra number up there. I was hoping, oh, shoot, I was looking forward to this pointer, but it's not working. Oh, well. But as we said, we had to consider, what did Carroll do? And throughout, we was thinking, what would CD do in this situation? Well, the other thing is, as a book designer, I know that there are many, many decisions to go into everything you see in every book you pick up. Most people are unaware of them and should be. If the book is saying, hey, look at my design, it's poorly designed. That's the next. Yeah, I wanted this to work. So you can see, this is Carroll's page. These are the decisions that he made. He had a basic grid. He had a certain amount of space from the top of the page to where the page number was, a certain amount of space from where the page number was to where he started writing, and he had margins. These are all taken for granted, of course, but they are conscious decisions. The other interesting thing about Carroll, which we'll come up again later, was that he was very good at almost justifying his pages. He didn't quite, I mean, nobody can writing by hand, but his right-hand margins are pretty clear. So I took his basic grid and I copied it. And so that's where he had his page numbers. Those are his margins. And I measured exactly how much space he had between his lines. And so this was my basic grid. And this is a chunk of manuscript. This is where we start. So basically I'm showing you pages progress. Now I also, I wondered when he was producing this, did he rewrite? Did he cross out? Did he throw pages away where he made a mistake? Did he spill something? All we have is the final book, which is very interesting, but it would be also interesting to know how many stages did he go through. We know it took him a long time to produce this. So it's very likely that he had to rewrite pages again and again and again and again. Well, I did too. I didn't have to rewrite them, but I did have to rework them. Dan made a few editorial changes. Those weren't the problem. You'll see what the problems were. So here's a chunk of manuscript. And I took this chunk of manuscript and I floated into the grid and I made it into the Louis-Carol font that Dan mentioned. Now you can see that caused problems such as the word Alice, a terrible widow or orphan up there on the right-hand page. Really bad book-making. You'd never do that in real book. And because it's flush left, or I could write, you can see there's way too much space on the right side. On the right page, it's not too bad. On the left page, there are really big gaps Carol would not have written that way, or dodged them. We did call them CD as we were working on this. So then I thought, well, what if we justify it, really justify it, and then I could go back and maybe cheat a little? Well, you can't cheat in InDesign when you're trying to justify it. Again, that's not what CD would have done. So we'll get to how I handled to make it look like what CD would have done. This is... the next step was putting in Jonathan's sketch. In this case, it looks a little peculiar because I did what's called... I found the outlines. I don't know why I did that. It didn't really matter. Oh, no, I'm sorry. I do know why I did that. I thought at this point, we were going to have a white background, so I was going to have to have white behind the drawings, and I wanted to get some idea of what they were going to be like. You can also see on the lower right where that arrow is, I had to make a separate text box to make it fit next to the illustration. Sometimes I could make it run around. Sometimes I couldn't. Also notice, it's just fine pretty well there. I don't remember why I put that arrow on the upper right anymore. Sorry. But do note, Carol did a lot, or Dodson did a lot of underscores. That was a problem. Here they are. He did underscores. He did dashes. He did double hyphens. Every time he hyphenated a word, he didn't hyphenate it just at the end of the line where he wrote it. He also put a hyphen on the next line. I had to go in and put them all in because that wasn't going to happen automatically. Yeah, let me just point out if you obviously are all familiar with the text of Alice's Adventures in Wonderland and through the Looking Glass, there are a lot of italicized words. He loved to emphasize words. Now, in the printed form, they're italicized. In our handwritten version, they're underlined. But if you look at, they all thought in chorus. I hope you understand what thinking in chorus means. Well, the font comes with an underline, but it's mechanical. You can see it's just a thin straight line. It doesn't look hand drawn at all. So basically, you had to insert. We'll get to that. Same thing is true of the dashes. Because he loved to draw dashes, there's only one dash in the font, and if you use the same one all the time, it's clear it's a font. It's not handwritten. And by the way, I meant to say thank you, Dan, for giving me this new career as a forger. You're welcome. So that was something else I was aware of. I thought, well, we have to make it look like these are hand drawn, and I did eventually do that. However, before I could do that, I had to fiddle with the line lengths to make them look like what Carol would have done. And this is how I had to do it. There is a place in design, if you see on the lower left, where you can actually select a character or a line or a paragraph and make it wider, make each character wider or narrower. And I went through almost every line in the book doing that. So this one, to make it work, was 90%. This one was 103%. And I just had to do it by instinct. You know, just going through and saying, well, this doesn't look right, or this is causing a widow, or it's not working out with the illustration. So I just went through it many, many times, changing it again and again and again. And when the text changed, I had to go through it again and fix it. So that took a while. The other thing is that, as Jonathan pointed out, that Dodson often put his type very close to his illustrations.  Which, of course, I wasn't doing. I put the illustration in afterward. But that's just a theory of my own. So once I had this set, I went back to Underground and I scanned and selected all the underscores and dashes I could find, and I made them into individual pieces of art. And because we had the tint, I had to add the tint behind each one. So I put these larger ones at the bottom so it's clearer what the tint is. And then I went back. Now I have to say something else. Every time we made a small change in the text or in the way the illustration was set on a page, the computer, as computers do, wants to reset everything that follows it. So if Andrew placed an underline on a page, it was there like an illustration and stayed put, even if the text shifted around it. It made our task, and especially, well, certainly... My task. This was my task. Not his, mine. But my job as proofreader was that after I had approved something, I always had to go back every time there was a new version generated and re-proof everything because the slides change had a ripple effect. Yes. The dashes weren't so bad. The dashes, it was possible to insert like characters within the lines so they would move with everything else. But the underscores were quite difficult. But we did this and we got to the final page. It finished its progress. So there's a question. How did I... Yeah, I didn't want to make a lot of changes once both of these guys started their efforts. So I made my editorial pass first. I cut the story about in half. Alice's Adventures Underground is about half the length of the finished version of Alice's Adventures in Wonderland. So that was my goal as well, to make it about half as long. Yes. Well, I... I don't know what you would call it. The program I use is InDesign. Yeah, that's the program I use for the night letter also. And I did learn things by doing this that I'm now able to apply to the night letter. So it's... And as I work... I've worked on the night letter over the years. I hope you've seen it improve visually. It's going to continue to do that. Excuse me. I'm sorry. I do think that using a mechanical system to create something to look handmade, we probably forged new territory. Yes. Forged... And forged is the apt word here. Yeah. Anyway, that is... The progress of the page is complete. And it is page 26. Let's see. So our time is up. Did you have any more images to show? No, this is it. Except there's the page. Yeah. It actually worked. So... So we're out of time, but is there a quick question that we can address? Yes, sir. I live in Santa Fe, so I avoid that word, because there are too many people who do that. No, did I ever feel like his spirit coming in and touching me? No. Do I feel like I have a good sense of the man from all the years of reading him? Yeah, I think so. Here's a microphone so everybody can hear you. How well are you getting on with the Sylvia and Bruno manuscript? Ah, yes. Well, that was... His original was just two pages long, and then he expanded. Yeah. No, I'm a very good editor. I will tackle Sylvia and Bruno and give it to you to illustrate. I will keep you informed of our progress. Yes. There's a lot of interest in Leonardo da Vinci's left-handedness causing left-hatching. So you didn't elaborate on that point. Lewis Carrot was Dodson left-handed, and is that a clue to his personality? I don't know if I've ever... Is there a consensus here about his right or left-handedness? Yeah, but I don't know. I'm right-handed, and I do it a way that most right-handers don't do it. I think this is more the common way, and for some reason I do it this way, and he did it the more common way, but I don't know which hand he used to do that. Okay. Yeah. Time. Wouldn't they have forced him in school to use the right hand, the left hand being the hand of the devil? So... Well, they did that to my grandpa in the early 1900s. It's an interesting question. Will he use the left hand? Let's talk about that at lunch. Yeah. Anything else? Yes, sir. One question for you. Are you at all scared that if Lewis Carroll's spirit looks down on what you've done and realizes you haven't given all the profits to a children's charity? If there are profits. If there are profits, which at this point I doubt, but I hereby swear to donate them to a children's charity. There you go, Reverend. I brought several copies of the book today. If anybody would like to buy one, I'll have them available for sale. They're $20. You don't have to pay for postage today, which you would on Amazon.com. Today is your only day to get all three of our signatures in it if that turns you on. Thanks very much. Thank you.


We don't fully understand all the things that are involved with being the Sergeant Major of the Army.  So representing those soldiers to get those programs at a right, how do we get the commissaries right or, you know, we're providing them Army emergency relief to soldiers the correct way. So I think, you know, the recognition is only a small part, but I think they just, they don't really fully understand all the duties and responsibilities of the Sergeant Major of the Army. And, you know, I think that's fine, but I talk a lot with, you know, all the senior CSMs to make sure we're all going the right direction, so it's not just me doing this alone. I do a lot of, you know, spouse's engagement, it's talking to soldiers, so I try to represent them and not just come up with my own ideas.


What is going on guys welcome back to the channel critical overlord here I'm gonna be talking about the new Candy Man film on this channel for the first time in who knows how long I think the last time I did a candy man video was late last year Right around the time the film kicked in to getting into production We know that Jordan Peele is producing this upcoming movie through his monkey paws production Production company and we know that he's not directing it But he's one of the co-writers involved with the project Nia DeCosta who is our new Director for this upcoming feature film give her all the credit when it comes to Praising the movie you can give Jordan Peele credit, but again Jordan Peele is not the director I feel like a lot of people are giving him far more credit than what he is deserving of right now He is involved in it and I know Talking about Jordan Peele will get more attention to the film because not too many people are familiar with Nia DeCosta or DeCosta But the film itself is directed by hers not directed by Jordan Peele So a lot of people think this is directed by Jordan Peele. It's not We're getting into what I wanted to talk about. I wanted to talk about how Often are we actually going to be seen Tony Todd in his role of Candy Man in this upcoming feature a Lot of people are already a little bit skeptic skeptical that we won't get to see him that much due to the fact that in the trailer We don't see him quite that much too often We I think the only time we actually see him if that's even him is when our new protagonist Anthony McCoy who's played by Yaha Abdul Mateen He's like walking by and he sees he's walking by a car and he looks into his own reflection And it's reflection of the Candy Man because what's going on in this new film it seems that Candy Man is this new film that we're getting is taken on like the nightmare in Elm Street 2 type of approach minus all the homosexual homosexual subtext In present day a decade after the last of the Cabrini towers were torn down Anthony and his girlfriend move into a loft in the now gentrified Cabrini a Chance encounter with an old-timer exposes Anthony to the true story behind Candy Man Anxious to use these macabre macabre details in his studio as as fresh grits grits for paintings He unknowingly opens a door to a complex past that unravels his own sanity and unleashes a terrifying wave of violence so Already off the bat. We have something very similar to the original film in the original film We father Virginia Virginia Madsen in the role of Heather Lyle who's doing like a thesis on urban legends And she's investigating the urban legend of Candy Man in the Cabrini green area said in Chicago and She's trying to she's trying because I haven't watched the original film in a couple of months I believe she's trying she wasn't a believer of it and since she wasn't a believer of it That brings on the wrath of Candy Man who is aware of the fact that she's looking for him and she actually ends up Exposing that the Candy Man that everyone's talking about in that area is nothing more than just a local like a local thug at the time but The fact that he was acting as Candy Man was what was keeping the legend going and then when she brought that down That's what brought on the wrath of Candy Man to then make her believe that he is actually real and Then of course we know the mythos of Candy Man in the racial subtext or undertones to it How Candy Man was the son of a slave who became wealthy during the time of the Civil War do like mass production of shoes I believe He came he became very wealthy during the time of the Civil War and his son who again is Candy Man He became he grew up in just the wealthier parts of life He had he had other advantages that other blacks didn't have at the time and he grew up to become become a painter He was a well-recognized painter in the area And he was commissioned to I believe do a painting for the daughter of a white man and During this time, I'm Assuming if I'm remembering correctly he falls in love He falls in love with the daughter of this white man and the white man finds out about this and he sends a mob after The Candy Man and this lynch mob chases him.  They beat him I believe they Set bees on him who just eat away at his carcass until he's till they sting him to death and Now he's a vengeful spirit who is Just very vengeful and he He he's a he's a perfect example of things that are going on in America today And I that's why I'm kind of excited for this film. He was portrayed by Tony Todd He was a black man who was wrongfully killed just for the sake of Hit him one to be with a white woman Tony Todd was very amazing in that role as Candy Man in the original 1992 film and I Know he's gonna be in this in this sequel because this is a sequel to that original film They're ignoring the two other sequels that we got which are absolute mediocre at best in my opinion the third one is Almost borderline complete trash. I would say We know we have Tony Todd back in this film He's Expected to be reprising his role as Candy Man, but we see him nowhere in the trailer So that brings up the question. How often are we gonna actually see him in this movie? Now in the original film, we don't see him quite that often until halfway through The original film went with the less is more approach, but I feel like what it's throwing a lot of people off is that We know Candy Man and what he looks like we know Tony Todd is Candy Man And a lot of people are wanting to go into this new one a bit skeptical Because it looks like Tony Todd isn't really gonna be shown too much in the film He probably won't even be shown at all We'll just have glimpses of him kind of like that reflection night that I was mentioning that we all know We saw in the trailer we'll be having Characters and possibly have flashes of we'll possibly see like quick flashes of him CGI flashes of him hearing his voice If he is utilizing his voice If that's his voice that we hear in the trailer, which is it's if that's him They've done a lot of editing to his voice And we know that From all the details that have come out that Yaha Abdul who is playing Anthony McCoy he was Reports came out that he was casted to be the new Candy Man now also based off of those reports. We know That Anthony McCoy Shares a very similar name to the baby from the original film that the Candy Man had abducted when he was trying to frame Helen and making this is making everyone around her think she was crazy like revenge for her not believing that that he wasn't real and We know that we have another character who is back in this film played by Vanessa Williams and Marie McCoy And we see and Marie McCoy in this trailer talking to Yaha Abdul's character who is Anthony McCoy Anthony McCoy in this new Candy Man film is a hundred percent that baby from the first movie all grown up and now he's he has very similar traits that The Candy Man Tony Todd's character has he's now a painter He is going to be going into the mythos of Candy Man similar to how the woman who sacrificed herself Helen Lyle back in the Back a couple back many years ago when he was a baby the woman who sacrificed himself He's gonna be following in her footsteps going to be going looking for Candy Man And then he's gonna get more than what he wanted because it looks like Candy Man is gonna be possessing him and Making him act out and do do his bidding We don't see too many glimpses of Candy Man Tony Todd at all whatsoever in this trailer So it's quite possible that they're going with the less is more approach and the whole idea here is We're gonna be seeing a passing of the torch type of deal When we finally do see him It's probably gonna be for a split second because there's a scene in the in the trailer where it looks like he Yaha Abdul's character Anthony It looks like he's getting his hand cut off that might be the scene the only scene where we see Tony Todd in the flesh as Candy Man even then We probably might just be getting shots of Tony Todd who was in the movie From the waist down because Tony Todd is is is much older now We might not actually see him full full full image wise full body on screen as Candy Man We might just be getting Teases and glimpse of him just because of the fact that he does not look the same Of course, you can CGI some youth onto him, but he does not look the same I don't think we're gonna see Tony Todd in this role of Candy Man in this new upcoming sequel that much I think they're going with the less is more approach and we'll just be having a movie following Anthony McCoy and We'll just be getting minor glimpses of Tony Todd We won't see him in a large capacity similar to the original movie because we didn't see him that much in the original movie until like halfway through So I know a lot of people are not gonna be looking forward to that But I'm just giving my opinion on it. Let me know what you guys think about all this down the comment section below If you haven't already make sure you subscribe to our post notifications that never miss a video and with all that in mind guys I will see you in the next video


Well, if you watched yesterday's video right to the end, I warned you, it's snowing. Just like they said it would. I was really hoping they were gonna be wrong. It's April 12th, 2021. And it's supposed to be snowing for the next three days, two to five inches, or seven to 10 centimeters. I think that's about two to five inches. Ah, wait, no, two to five centimeters. Is that two to five inches? No. Seven to 10 centimeters. That's not that much. I got my inches all wrong. I don't know, I need my coffee one second. This is very important.  I got it, yeah. That's it? Thank you. Yeah, they definitely, they definitely cranked up the brightness on their drive-thru sign again, their menu there. Whoa, I got a purple spot in my eyes. Woo. Yeah, today's gonna be very interesting along with the rest of this week. It's going to be what many would call a miserable week, but we're gonna find a way to make today a good day. Well, we'll worry about tomorrow, tomorrow. And we're gonna find a way. I don't know how yet, but we'll figure it out. Well, it looks like the snow is melting pretty quickly, but it's falling pretty quickly as well. Not sure how much of a buildup we will actually get, but... Hashtag not impressed. I'm actually done with winter. What a mess. What a mess.  She's got no choice. I got truckin' to do. Look at this mess. Oh, boy. Oh, she's got good oil in her, so. Let's see if she wants to wake up. You ready? Yeah, he's backin' in over there. That was for me, that he was shunting over here. Apparently, it's, I'm lucky that it didn't move it. He's actually fixing the spot where it was there right now, that's Brendan. And this must be a very heavy load. Where I can tell, it's a very heavy load just by looking at my gauge here. And all three axles are down on the back if you're all showing it a little bit. So it's a heavy load of lattice. Like, not lettuce, but lattice, a wooden lattice. I'll show you in a minute. And it's sunk right down. Even though it had dolly pads underneath it, it sunk right into the soft ground. So he had to go and lift it out and pull it out of there for me. Glad he did, otherwise I'd never be able to hook up to this thing. We got a heavy load. Let's see if my glove's with me. This is gonna be messy. Just fixing the spot where the landing gear sunk right in. It just started snowing a lot heavier.  Okay, lattice, like this. You see? Like I'm guessing, I can't see. Can you see? This is a step deck. I'm gonna go pick up the paperwork or do we find out where it came from? Smells great in here though. Smells like fresh cut wood. Nowadays, it smells like a lot of money. It's gonna be a good day. It's gonna be a good day. It's gonna be a good day. We just gotta keep saying it and ignore all of this white stuff. It's gonna be a good day. Somehow, somehow it'll be a good day. All my lights are working. So that's a good day. That's very good. All my tires are filled with air. I already checked them. That's a good day. See, this rear lift axle is down. So that was my first hint that this was a heavy load when I first saw the trailer. So it's a roll tight covered step deck. Constonoga, is that what you guys wanna call it? I call it roll tight, okay? Roll tight. That's what we'll call it from now on because that's what everyone here in the yard calls it. It's more than just lattice. Wood there, oh boy. So I've got a load of gold here right now. Price at lumber nowadays. This is where the trailer was. Here already covered it up with some fresh gravel. It was on dolly pads, but it's still sunk right in. This is actually the empty lineup, but since we have so many trailers, you can see they're already all blocking in over there. We've got such a full yard that you probably had no other place to drop it. At least they used dolly pads, but it's still sunk anyway. That side, all of those trailers there, there's a concrete pad that goes all the way along there for landing here. So a load of trailers are supposed to be on that side if at all possible, but sometimes it's not possible. Like I said, this yard is so full right now. There's trailers in every corner. It's the weekend or it was the weekend, it's Monday now. So every weekend it gets a little bit full in the yard and you do what you can, right? And what else can you do other than put dolly pads down? It's not supposed to sink, but the ground gets so soft in spring. Sometimes she sinks anyway, but we were able to lift her up and get her out. We have a heavy load behind us. Have I said that yet? Let's go get the paperwork and find out exactly how heavy. And by the way, if you're wondering how you can help out my channel very, very simply and for free, it helps me out a lot if you guys hit the thumbs up button and it helps me out even more if you hit the thumbs up button and share it. If you at least hit the thumbs up button that really does help me with the YouTube algorithms and I really do appreciate that. So go ahead and smash that like button and do it now. Okay, I've got the paperwork here. 1,250 pounds of wood. That's definitely a tri-axle load. That's why all three axles are on the ground. So I'm probably sitting right now with 35,000 pounds just my truck empty with the trailer. We're looking at probably close to 90,000 pounds I have on the ground here that I'm maneuvering through this snowstorm. Hooray. Actually, that's good. The heavier you are in weather like this, the better. Oh yeah, let's get out of here. I see, this must be very confused. They just got back from the Southern U.S. in Mexico. I'm gonna pick them up off to the right. You miss me?  Poor geese eggs in a circle. It's the perimeter. So it looks like this week is starting off busier than last week already. So that's good. I have this heavy load to bring into the north side of Winnipeg and then I have to rush back. There's another one for me to do right away. I'm happy about this though, because our soil was pretty dry. They were hoping for rain from like once or twice. These little cars here, they don't realize how heavy I am. They should just assume that I'm fully loaded. But you know, if you haven't driven trucks before, you probably don't even know what that kind of weight feels like on the highway. And I took the winter tires off our terrain yesterday but the summer tires back on. Whoops. There's the gloves. This pair got completely soaked. So I'm letting that dry up here. While I'm using my other ones, my old ones. And hopefully by the time these get too wet for me, those will be dried off. It's a beautiful April day. By as soon as we're unloaded and got the trailer button back up, that's something good. That'll be a good day. I'm soaked to the bone. My feet are wet, my shoes are soaked. That was a nightmare. And the only good part of it was that it is now over. So it's a good day because the nightmare is over. Man, how this trailer was tied down but like every strap was put in backwards and through this and through that and it took me forever to get everything out. And it wouldn't have been that bad if everything wasn't caked in snow and slush. But we got it done. I gotta start a job, right? That's what we do for truck drivers. It doesn't matter what the weather is like. We get the job done, even if it is a bit of a nightmare. But it is a good day because the nightmare is over. It's time to go get our second load. And hopefully that one is a little bit nicer to us.  But it was a good day. It's a really good day because we're going home now. It's five o'clock, the day's work is done. Delivered two roll tight loads. The second one went pretty smoothly. I just took that one to Stonewall, which is north of Winnipeg, about an hour from here and back. That one worked nicely. The trailer worked nicely. The freight came off nice. Everything was organized on the trailer. That first trailer I delivered though, that was just a nightmare. The weather was working against me. The snow was clogging everything up and it was like a wet, thick snow. So it just soaked me right down to the bone right away. But that was okay. I could have lived with that. But the roll tight I was dealing with just did not wanna work for me. As it got loaded, because it took up the whole trailer so I couldn't get in there. And there's a bunch of straps that got caught up in the wheels and it jammed the wheels on one side and it took me a half hour to unjam those. It was one thing after another with that trailer, but we got it done. And we'll have a good attitude about it. At least that is done. You can't always have the best days, but you can always turn any day into a good day. I mean, we still got lots of day left. It's five o'clock. Well, we still got lots of time to make it a good day just because the majority of the day didn't go the best. I'm trying hard here. It wasn't a very good day. It was a good day though, at times. We are not supposed to have snow at this time of year. I'm so overwinter already. But hey, we can go home in a supper. Look at this mess. Look at this April mess. This is blasphemy. Snow in April. That's against my religion. I'm pretty sure of it. I'm pretty sure there's a verse somewhere that says there shall not be snow in winter in April. Snow or winter in April. What did I say? I'm tired. There shall not be snow or winter past my birthday. It's a new commandment. I just made it up. We're gonna put it right on in there. It'll be in the presses tomorrow. All right, don't forget to get your updated version. Trucker Josh. Frank, what you doing? Look at this mess. Did I say that already? Our yard's gonna be all soggy again. Oh well. I know a lot of people might say, oh what do you expect? You're living in Manitoba. And you would be right. However, this is very abnormal. This is not usual. Oh, we got ourselves a winner over there. Better go get the big old pooper scooper. Way to go, Frank. Proud of you. Well done. Yeah, I hear you. Go on. Go on, you have my permission to enter my abode. Oh, it smells like food in here. Oh, I like it in here a lot better than out there, that's for sure. Today anyway. Tomorrow might be a different story. Who knows, it's Manitoba. Might be beach weather tomorrow. Never know what's going on. What's for dinner, Chevy? Smells like chicken, like broccoli, like rice, like casserole. There he is. Always has to know where I am. And in the evenings, I come in here and I edit my videos, and they come in here and keep me company. I really like how much room we have in here now. It's like a whole new space. Well, it's time for me to get to work. Work isn't finished for today yet. At least this part of my work, I can do indoors. See you guys tomorrow. Chevy, you want to say anything to them? You want to say anything? Like, guys, let me, Chevy, this is my deal. Chevy, can you sit? You can keep me company. Sometimes diesel goes out and sits in the living room and watches TV with Brett, but Chevy is always right here. Right here. Good boy. So you know that every vlog you watch of mine is closely supervised by this guy. Every single one.  You're weirdo, weirdo, you're weirdo. Look at this tail. Majestic.


Hello everyone, welcome to Options with Doug. Streaming live daily on Bookmap Discord and the Bookmap YouTube channel at 1.30 p.m. Eastern Time. Before I get started, I need to go through the Disclosures. General Disclosure. All Bookmap limited materials, information, and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Risk Disclosure. Trading futures, equities, and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. The focus of my presentation and the focus of the Options-Doug chat channel in Discord is Options, Order Flow, the impact of options markets on stocks and futures, and the influence of market maker hedging flow on price action. I have a two-step process for trading and the first is planning and I use positional analysis. I look at how traders and market makers are positioned in the options market and how those positions change from day to day to develop a thesis regarding the expected trading range and volatility for the day, as well as a directional bias. And the second step in my process is execution. And I look at real-time order flow in Bookmap and real-time market maker hedging flow in SpotGamma Hero to confirm my thesis and for setups for entries and exits. And just to be clear, when I talk about setups, I will be looking at an underlying asset. My analysis is based primarily on the options market and order flow. And setups can be taken any number of ways with futures, shares of stock, or options. Questions and comments are welcome and I will be watching the chat in Bookmap Discord, the Options-Doug chat channel in Discord, as well as the chat in YouTube. So please feel free to post your questions, comments. My agenda for today, first of all, I'm going to go over news items, economic data, and events coming up for the coming week. I'll go through my positional analysis, my planning for the morning. Then I'll review a few setups and then we'll take a look at the live market. So if anybody has any stocks that you want me to take a look at during the live market portion of this presentation, just let me know at that time. Alright, let's get started. First of all, economic data. Let's take a quick look at the economic calendar and there are some events just about every day this week. So starting tomorrow, durable goods orders, and also consumer confidence, durable goods at 8.30 Eastern Time and consumer confidence at 10 a.m. Eastern Time. And I'm just focusing on the high impact data here, just pointing that out quickly. So that is Tuesday. And then on Wednesday, apparently, Jerome Powell will be speaking. And I'm not sure. I haven't done a lot of research on this. I'm not sure what the event is. We know that he spoke last week would testify to Congress on I believe Wednesday and Thursday last week. Alright, so Powell speaking again, and then apparently he's speaking on the 29th. I'm not sure what this is. He must be not in the US. So Powell speaking some time overnight, according to this, and then GDP comes out at 8.30 along with jobless claims. And then finally on Friday, this could be important data. The PCE data comes out at 8.30 a.m. Eastern Time, and then another consumer sentiment number at 10 a.m. Alright, so that is the upcoming data for the week. Now let's take a look at some charts. I'll go through my positional analysis. I'm going to start with the S&P 500. And this is S&P 500 ES futures and book map. Before I take a closer look at this chart, I want to step back and look at a larger time frame. And this is SPX in a 30 day one hour chart in thinkorswim. And note that SPX broke its uptrend at the June expiration last last week. So Friday was the big June expiration. And then since then that was a very call dominated expiration. All that call gamma went away. And now SPX has been slowly trending lower last week. And that is continuing today. Let me point out some levels on this chart. First of all, I've got the lower and upper weekly expected move. This is based on the options market for the week. And then the that's the dash purple lines, the dash blue lines are showing the lower and upper daily expected move. And so far, SPX is trading between those two levels that's shown by the dash blue line. Then there are also some spot gamma levels on this chart. First of all, there's the 4000 strike that is the put wall. That's a strike with large net negative gamma that can be expected to act as support. And that is not in play at least for today and for this foreseeable week for sure. And then the next level is the volatility trigger. This is kind of a cluster of levels. We'll look at a one day chart in just a minute. So this is the first of all the 4315 volatility trigger. And that is spot gammas proprietary gamma flip level. Below that level, market makers position on the gamma curve is negative. In a negative gamma environment, market makers have to trade with price to hedge their delta exposure. And that tends to enhance or increase volatility. Above that level, market makers position on the gamma curve is positive. In a positive gamma environment, market makers have to trade against price to hedge their delta exposure. And that can that tends to subdue volatility. And then right at that level also is a very key level. That is the 4320 level that is now the call wall. So that call wall for SPX shifted lower. So on Friday, it shifted lower to the 44 from 4500 to 4400. And then today it has shifted lower to the 4320 strike. And can anyone tell me the significance of the 4320 strike? So again, that is the call wall that is moved lower. The volatility trigger did move slightly higher from 4305 to 4315. Alright, so I don't see any, any takers, any answers to my question about the 4320 strike. That is the Yeah, there you go, Cole. That is the JP Morgan collar. Thank you. Glad you're paying attention. Slow Desiree paying attention as well. So that is the short call of the JP Morgan collar that expires at the end of the month, which is Friday. And that that quarterly expiration, that short call has often attracted price and price often tends to pin at that level at expiration. So I'm looking for SPX to trade down to that 4320 level as Friday approaches. Alright, great. Thanks. Thanks, Cole, again, and so Desiree for answering the question. So that is a Yeah, and then and as price approaches that level, gamma will increase. So remember, gamma increases as expiration approaches, and as a strike comes closer to the money. So the highest amount of gamma is at expiration at an at the money strike. So that gamma will tend to increase if price continues lower. And then finally, the 4400 level, and that's right up here, that's the absolute gamma strike. That's the strike with the largest absolute gamma. Alright, so very interesting that that call wall has shifted lower, and SPX is now trading above that level. Alright, let's take a look at another chart back to think or swim and a one day, one minute chart just so we can take a closer look at the the levels that are in play for today. The same levels are shown on this chart. Here's the volatility trigger. SPX is trading above that level. So for SPX still positive gamma, and there's the 4320 JP Morgan collar strike also the call wall, and then note that SPX is trading within the strong tool, still trading between the lower and upper daily expected move. Alright, let's go back to book map. And a book map, I have a couple of columns of notes. And I'm generally using my own cloud notes here, there's a spot gamma cloud notes. And I the minor more complete and more accurate. So I'm using my own cloud notes. And the first thing to note here is the resistance level. This is the SPX 4360 level. And that also is the ES4400 level. And that level more or less acted as resistance this morning. I also have key spy levels. So there's the spy 434 volatility trigger. And there's the spy 433 level. This is the SPX 4350 level. And now so far today, the spy 432 around that level has acted as support. So price shooting above overshooting the spy levels a bit. But still generally those spy spy levels and SPX levels acting as resistance and support. And we'll look at setups in a minute. But one thing to note here, this was such an easy read this morning. Very bearish order flow. No, and we'll again, we'll talk about setups in a few minutes. Look at all the pink dots coming in their aggressive sellers coming in with the shown with the pink volume dots. Alright, so that's the S&P 500. I've talked about shifts in levels in the SPX. The volatility trigger shifted slightly higher, call wall shifted lower to that significant 4320 strike. And for spy, the absolute gamma strike did shift lower from 435 to 430. So overall, I interpret that as slightly bearish. And given the order flow this morning, I was definitely leaning, leaning short. Alright, so that that is the S&P 500. Let's take a look at NASDAQ. This is the in key in Q futures in in book, ma'am. Let's take a look at a QQQ chart, just showing the levels that are in play for today. So here's a QQQ chart. And note this 365, not quite at that level was more or less resistance. Really, it was the, I think it was the NQ 15150, the 150 level in NQ that really acted as resistance. The volatility trigger has definitely been in play this morning. The QQQ 362 volatility trigger initially acted as support, and then resistance. So when price broke below that level, it came back and retested actually not quite. It was to this combo l five level. And now QQQ continues to trade lower. Let's go back to book map. And this took a while to get going to but also pretty clear read of order flow after 1030, the 1030 reversal. So after the first hour, NQ reverses lower NASDAQ reverses lower. And what I'm looking at here, cumulative volume delta this dark blue to pink line, and also cell stop orders shown with the yellow line. And note that iceberg orders, large traders have been in here buying with iceberg orders since about 1030. That's shown by this rising light blue line. But so far, the aggressive sellers, and the cell stop orders are have been winning. And I have cloud notes here as well. I'm showing the big round numbers in NQ, the QQQ levels key. This is QQQ 362 volatility trigger that did act as support and then resistance. And that's also close to the this combo level and DX QQQ combo level. And note also here is the NDX 14800 volatility trigger shifts lower for the NASDAQ there were no shifts in the DX. But for QQQ, the volatility trigger did shift lower slightly from 363 to 362. And the absolute gamma strike shifted lower from 365 to 360. So slightly bearish shifts lower for the NASDAQ as well. Alright, let's take a look at some other information that I use in my planning. Let me just make sure I've got it covered everything. Alright, so this is the Vana model for SPX. This chart is showing market makers delta notional on the vertical axis. And how that changes with price shown on the horizontal axis. There are two curves on this chart. And the first is showing how market makers delta notional delta exposure changes with changes in price only. That's the light gray curve. And then the purple curve is showing how market makers delta notional changes with changes in price and implied volatility. And that change in change in delta with a change in applied volatility is the Vana effect. That's a second order Greek. So hence the name of this the Vana model. And that's the curve that we want to look at. So what this is showing is as price increases, market makers delta notional will increase and they'll have to sell futures. That's in a positive gamma environment. And then the purple curve is showing that market makers will have slightly less delta notional to hedge as price increases. Then on the other hand as price decreases, market makers will have significantly more delta notional to hedge as price decreases. That's a negative gamma environment. Alright, let's check and see where SPX is trading now. Let me take a look at a watch list. So I've got SPX at 4340. Let's see if we can find that. So that's right around here. So what this is showing is if price increases, there will be a slight tailwind to price. So market makers can buy back short futures up to a certain point, and then they'll have to start selling futures. On the other hand, if price decreases, market makers will need to sell futures to hedge their delta exposure. Alright, that's for SPX. And no, and we'll take a look at this in just a minute, but gamma notional for SPX is still slightly positive. Alright, let's take a look at the Vana model form spy and note the shift and spy the gamma notional is negative today. All the gamma notional numbers did shift lower and spy became more negative. Right now spy is trading at 432. So that's right around here. So in a negative gamma environment, this works both ways. As price increases up to a certain point, again, it'll be a tailwind. Market makers can buy back their short hedges. So in a negative gamma environment, traders along puts market makers are short puts. And if price increases, their delta notional decreases, those puts are losing value, and they can buy back their short hedges that they bought to hedge their delta exposure. On the other hand, if price decreases, their delta exposure will increase, and they will have to sell futures to hedge their delta exposure. Remember, market makers always want to remain delta neutral. And we'll take a look at the numbers in just a moment. And let's finally look at QQQ the Vana model. So for QQQ, almost more of a negative gamma curve as well. Alright, so let's take a look at the numbers. I'm going to focus on gamma notional. What's wrong tool? Focus on gamma notional for SPX spy and DX and QQQ. So still positive for SPX, but has decreased decreased from last Friday, from around 599 positive 599 today about positive 260. And then for spy, gamma notional quite negative at one minus 1.32 billion, and that decreased from about 663 million last Friday, NDX not significant. And then QQQ also shifted lower from minus 9293 last Friday to minus 412 today. Alright, so slightly positive for SPX and gamma notional is negative for spy and QQQ. So that gives us a clue of how market makers may be responding to changes in price and applied volatility as well as how to anticipate a trading range today. So I was looking for based on the higher the more negative gamma notional and spy and QQQ looking for a larger trading range today. So higher volatility, larger trading range today. Right then finally, for the SP500 based on that drop lower in the call wall for the SPX my thesis for the day was bearish. So looking for a larger trading range, and also directional bias bearish. Alright, let's take a look at some setups. Let's start with the SP500. And first, I'm going to take a look at the hero chart here. Alright, so Raider Trader asked in Discord, hi, Doug, when would you get a chance? Can you talk about the hero chart you use to determine sentiment? So the hero chart really doesn't indicate sentiment. What this is showing is there are two lines on this chart. The white line is priced this is for SPX. And the purple line is the hero signal that's hedging impact of real time options. So that is showing options trades and market maker hedging activity for a combined signal. In this case, for SPX, spy, XSP, and ES futures. So spot gamma takes all that data and they have their own proprietary algorithm and they're filtering out certain trades that that may not have an impact. But anyway, they're they're applying their own algorithms to that data to the real time options trades to show this. So this is a very good directional indicator. It's not again, that's what it's showing. Let's take a we'll take a closer look at this chart in just a minute. Let's take a look at the individual components. So first of all, here's SPX. And traders and SPX are taking positive delta positions. That number is right now positive 1.7 billion. So positive delta. That's SPX, spy, negative and showing a today a closer correlation between spy options trades hedging flow and price action. And then finally, ES futures also negative, also showing a closer correlation. So here's the combined signal, a little bit of a mixed bag. So let's take a closer look at this. So again, radar trader, this is a combined signal. And we can separate out. First of all, puts in calls. So the rising orange line, that's indicating any kind of line is rising. This number on the right is positive. That shows that traders are buying calls, that's positive delta. And they're also buying puts shown by the following blue line. And that is also a that's a negative number. So indicating negative number, their traders are buying puts. That's the combined signal. Let's go back to the total signal. And excuse me, what I was looking at this morning was I changed this look back period. And to me this gave a more reasonable signal about what was going on. This was more in sync with the order flow in in book map. So looking at a 30 minute signal. Zooming in on the on the morning session. This was a clear divergence where heroes started making lower highs, and then price followed. Oh, maybe let's see, maybe 30 minutes later, something like that price follows lower. So it took a while for that to set up. Let's go take a look at book map. So note all the, you know, a lot of chop here between the spy 434 level and the SPX 43 60 level, as well as the ES 4400 level there. And then finally resolves lower as order flow was definitely bearish again, as I pointed out earlier. So that is the that's the short set up from a very high view this morning. I don't know if we need to zoom in on that closer, but what we can list. So again, here's all the chop that I was talking about. So short entries, either up here at the 43 60 level, or this final test of the 434 spy 434 level. So if you're trading futures, maybe the the better short was up here at the 43 60 level, or 4400 ES 4400 trading spy shares or spy options, you know, anywhere around here would have been a good short, just to, you know, maybe buy the 434 put or sell spy shares at the 434 level. Alright, so to sorry, ask question. Spot gamma added a section for implied volatility realize volatility on the individual stocks. Do you look at implied volatility, rely and realize volatility and make a trading decision on that, based on that. And generally, yes, but not in the way that you're thinking. So I don't look at I generally trade options on index products on the SB 500. And I have a chart in thinkorswim that I that compares implied volatility to realize volatility. And I've been looking at that for years, years and years, decade. And generally, in the S&P 500, implied volatility is greater than than realize volatility. So fear is overstated. And that's what makes the the S&P 500 so good for options trading options, premium selling. Alright, so yes, I do that. But I have not looked at the implied volatility realized, realized volatility section for stocks. Alright, so that's the S&P 500 set up. Short of the morning, very easy to read order flow. Alright, let's go take a look at the NASDAQ now. And so it is our regarding your question, I just haven't had time to look at any new new features yet. I've got this spot gamma mini boot camp coming up on Wednesday, and I've been working on slides all weekend for that. And note now, NASDAQ is trading below its lower daily expected move shown by the dash blue line there. Let's go take a look at hero for NASDAQ. I'm gonna go back to the one day look back period. Let's go to NASDAQ. And this is combined signal for NDX and QQQ QQQ. And there was actually some gaps in the data here. So I shifted over just to looking at QQQ what I'm talking about is this gap in data there. Right so let's go take a look at QQQ. And this is what I saw this morning. So QQQQ doesn't have that that wonkiness in the data of the combined chart. And this was a just a beautiful divergence set up here. So note that hero takes a sharp drop lower, as traders start taking negative delta positions, and then price, it takes a little while but then price reverses lower. So great divergence set up there. And great divergence set up there in the NASDAQ either NQ or QQQ. And again, I'm looking at just the the signal for QQQ based on that, that oddity in the NDX chart. So let's just take a look at the, let's see if that's yeah, so that's in NDX showing this right here. Alright, let me take a look at a couple questions and then we'll go to some stocks and then the live market. Alright, Hector, I'm not sure I understand your question. How do I, how do you consider an effective breakout of range channel? I'm not sure I understand your question, maybe give an example or provide a little bit more detail. And Cole asked, what I consider going long here for NDX and QQQ because because it is below the lower expected move for the day. Alright, let's take a look. Let's go back to, we'll take a look at the total signal now here and see if that, see if we can. So Hector, I've talked about everything that I look at. I'm not looking, I really don't look at breakout trades. I'm either looking for reversals at certain levels or pullbacks in a trend. That's how I trade. I'm not looking at breakouts. Alright, so Cole is asking about a potential long here in NASDAQ. So I'm back to the combined signal here. And I'm going to change the lookback period. And so far looking back at the 30 minute lookback period. Hero still trending lower. Let's go take a look at book map. Traders are buying with iceberg orders. For NASDAQ, I would certainly if I was looking for a long, I would certainly wait for clear price trend up. So far, this does not give me any confidence for long, but it may, you know, the I think the easy money has been made in NASDAQ, for sure, with that that drop down from 150 down to 1400. But you know, this is reasonable to to look for a long here. I was certainly not, not shorter after such a move lower. So I was looking for a long in NASDAQ, I would, I would wait for a clear break below above that lower daily expected move and for a trend to develop above that level, I would not rush in to NASDAQ at this point. Let's take a look at some stocks. And I've got just a few that I want to focus on. First of all, as meta and meta was a great short set up this morning. Let's go take a look at that hero for meta. Let me just make sure let's go back to the one day look back period. Let's go to meta and in meta, just a clear confirmation of a short, very close correlation between hedging flow and price action. And traders are buying puts and selling calls. So for meta today, at least call buyers are nowhere to be found. And now 285 is the key gamma strike. Let's go back and take a look at book map. And meta started rolling over before the end disease, which were started to move lower around 1030. So meta moving lower a little bit before then 285 is the key gamma strike. And meta did not spin long there, still struggling to to move back up. Right. The next is Nvidia, huge range today in Nvidia, down from above 425 to almost 400. Let's take a look at at hero and see what options traders are doing in Nvidia. So some spot gamma levels on play. Here's the 420 key gamma strike hedge wall. And note now Nvidia is trading below its put wall. And this is in stark difference to the last few weeks. 420 key gamma strike 415 put wall. And again, traders are buying puts and selling calls back to book map. And the last one is Tesla. Alright, so here's Tesla and note that 250 is the key gamma strike. And that was a target this morning. So Tesla opened right around 250 moved up to 258 and then has been moving lower ever since then. So that was the the first target for the move lower the next at 245 liquidity at that level. Alright, so Cole asked, so you mark significant levels in red on your cloud notes, all other levels in yellow. No. Sorry. So I used to mark the spot gamma levels on my stock charts. But it just became too time consuming. It just took took too much of my time in the morning. So I'm for the for stocks, I'm marking just the the round number levels the zeros and the 50s and red and all numbers in between a yellow with yellow. So I'm relying on right now I'm relying on the hero charts to see the levels.  Now I do that for do mark the spot gamma levels for QQQ and spy. And I mark those in white lines white background with red text. So I'm doing that for QQQ and spy, but not any of the other stocks. Again, it's just that just to come time consuming in the morning to do that and for stocks like Nvidia, those levels change every day almost. Alright, let's take a look at life market now. Let's go back to NASDAQ. And again, if anybody has any stocks that they want to take a look at, let me know. Yeah, Cole, with price lines, it's, you know, you can do it but it just again takes too much time. And those levels are available in the hero charts. And if you don't have hero, you can, you know, you can do it yourself. Right? So NASDAQ, I you know, I don't see any reason to get long here. So again, what I'm looking at overall is for the week, the SMB 500 to head down to the SPX 4320 level. So let's see, let's take a look at SPX. And that level is, you know, certainly within reaching distance down at 4325 and in SPX training at 4335. So another 15 points lower. So definitely within reach. And that that gamma, again, will be increasing as price approaches and expiration approaches as well. Alright, so for the ES and NQ larger traders continue to buy with iceberg orders. But otherwise order flow still still bearish. Alright, so Cole says thinking about just adding price lines. Yeah, I have price lines for ES for the spot gamma levels for ES NQ spy and QQQ only. Otherwise, I just have the like I talked about the red numbers for the zeros and the fives and yellow numbers for the in between numbers. And you do you did write down NDX there? No, that NDX is not available in in book map, I assume you mean NQ? Alright, RJ asked, can we take a look at Tesla hero? Maybe I didn't look at that. You're right. Alright, so let's go take a look at Tesla. So Tesla bearish hedging flow as well. It looks like, let's see what traders are doing. So so far today, they have been selling calls and buying puts, just like the other stocks that we looked at. Outlooks like traders are either buying back their short calls or starting to buy calls either way. The orange line is shifting up somewhat. Let's take a look at the total signal. Let's go to 30 minutes. And just a little bit too choppy there. So again, for the for the stocks and in NASDAQ ES, you know, looks like the easy money has been to me, made today on the short side. And that, you know, doesn't mean that things might reverse later on. But so far, you know, again, if I were looking for a long, I would look for price to start making higher lows and higher highs and confirmed by order flow and hedging flow. So so far, ES chopping around the spy 432 level. Let's take a look at VIX, see what VIX is doing. And VIX actually has not been really very much of a clue. Today, it's up 0.71. So up about 5% for the day. Maybe if there's a sharp drop lower in VIX, that might help. And again, larger traders are in there buying with iceberg orders. Note this trade right here. 1332 contracts in six executions. NASDAQ still below its lower daily expected move. So call says hero seems to be a little delayed, meaning it takes a good 30 minutes to one hour for it to set up most days. I'm not quite sure what you mean by that. So I would I wait for at least 15 to 30 minutes to get any after the open to get any really meaningful data out of hero, I would not make a decision on on hero, definitely before 945. But let's go back and take a look at at hero for NASDAQ. So I'm going to go again to QQQ because of that, that glitch in the in DX data. Right, so let's zoom in on this morning. So for for this example, what I'm looking at is this rush up in price in the morning. And this is pretty typical of a Monday, Monday morning, a rush to buy and note that hero levels off, as price continues to rise, options traders no longer supporting the move higher. And then the sharp drop lower in hero. And then price starts to move lower. So this took a good 45 minutes to an hour to set up. But that was the really, you know, I thought that the best trade for today was the 1030 reversal. And this signaled it 15 minutes in advance for NASDAQ. So certainly you could have jumped in at the at the open and gone long. But I think for me, the the more clear trade is was to patiently wait for a short set up that was in line with my thesis for the day. And let's take a look. So the take a look at stocks. Some stocks typically there is a stronger correlation between hedging flow and price action or more consistent for stocks. So we saw for NASDAQ that setup really took 30 minutes to set up and it took some interpretation. But there's a much stronger correlation between hedging flow and price action for stocks, such as this shown here for for meta. But again, for looking at hero, I would not look at I would not make any decisions based on hero for at least 15 minutes after the after the cash open, and maybe 30 minutes. So that's where again, having a thesis watching order flowing book map, that's, you know, that takes precedence really for the first half hour for me back and take a look at book map. So CBD and stops continue to move lower for ES large traders still in buying with iceberg orders, not having much of an impact on the market. Let's just see where price could head. So levels down below. There's the lower daily expected move for ES. There's the SPX 43 20 call wall. And then the spy 430 put wall and also the new absolute gamma strike. So potential targets lower. Let's take a look at NASDAQ and see where it where it might go. If the move continues lower. And again, it is below the lower daily expected move that may be some incentive for traders to to move NASDAQ higher. But so far it's showing no signs of that. And the purple dash purple line showing the lower weekly expected move down at 14800. Let's take a look at hero again, see what options traders doing. Let's go back to NASDAQ. We'll go to the combined signal. Still pretty choppy. Let's take a look at QQQ. And same choppiness there. Short of look back period. And now hero is starting to slope lower. And so far this number for the day is net. Actually, I'm looking at a 30 minute. Let's take a look at that. So for the day it is net positive still. SP 500. Definitely more bearish, more clear with hero sloping down like this and that bearish order flow, I would certainly not be looking for a long in the SP 500. All right, any final questions? Got about a minute left. So today we looked at some great short setups in the SP 500 NASDAQ in stocks like Meta and Vidya and Tesla. Confirmed in the indices with with order flow, especially in the SP 500, as well as hedging flow, all confirming a short setup. Alright, so I go jet ask, can you remind me what book map package and add on to add on to use data feeds? Okay, let's go, let's go back to book map. So first of all, I have book map global plus. So there's global and global plus I have global plus and I have two data packages for futures. I have rhythmic and for stocks DX feed. So global plus rhythmic data for futures DX feed for stocks. And then add ons I have the MBO bundle that includes the stops and icebergs both the stop, the sub chart indicator, as well as the on chart indicator. And then I also have a third party add on that's available in the book map marketplace called price lines. And that's what I'm using for my cloud notes here to display the levels and to draw the lines. So let's go. And then these other the outside liquidity market pulse, those are just included. I'm not using absorptions and sweeps for futures this too much on the screen. I'm I do use absorption and sweeps for stocks, they come with global plus I believe. So really what I'm using is price lines stops and icebergs for futures and absorption and sweeps for for stocks. So it looks like es is now catching a bid, and maybe they want to take it higher. Alright, so I could get hope that answers your question. And Cole says thank you so much, Doug. Great webinars always appreciate the lessons. You're very welcome. Thank you for your thanks for your questions, comments and your kind words. Alright, I'm going to wrap it up today. I want to thank everyone for watching. Thanks for your questions and comments. And I will see you tomorrow. Bye