Today we're in Matthew 13. We're going to be looking at verses 44 through 53. And we're going to be looking at the last parables that Jesus gives here in Matthew 13. As I mentioned to you in our introduction, Jesus gives eight parables. And so we'll be looking at the final four parables as we look at these verses. Allow me to begin reading at verse 44. Our read to verse 53 and we'll get into our study. Matthew 13 beginning at verse 44, reading to verse 53. Again, the kingdom of heaven is like treasure hidden in a field which a man found in head. And for joy over it he goes and sells all that he has and buys that field. Again, the kingdom of heaven is like a merchant seeking beautiful pearls when he had found one pearl of great price, went and sold all that he had and bought it. Again, the kingdom of heaven is like a dragnet that was cast into the sea and gathered some of every kind, which when it was full they drew to the shore. And they sat down and gathered the good into vessels but threw the bad away. So we'll be at the end of the age. The angels will come forth, separate the wicked from among the just and cast them into the furnace of fire. There will be wailing and gnashing of teeth. Jesus said to them, have you understood all these things? They said to him, yes, Lord. Then he asked them, then he said to them, therefore every scribe instructed concerning the kingdom of heaven is like a householder who brings out of his treasure things new and old. Now it came to pass when Jesus had finished these parables that he departed from there. And so Jesus, as mentioned a moment ago, has been giving a series of parables. Chapter 13 contains eight parables that Jesus has given concerning the kingdom of heaven. When we looked at the first four parables, the first four parables that we looked at were concerning men's responses to God's kingdom. And so we saw the parable of the sower and the seed. And this particular parable gave us four responses to the gospel. And remember with me, three of those responses were negative, but the fourth one was positive and became fruitful. Then we saw the wheat and the tares. And that parable revealed that the visible church would be asleep and would be infiltrated. We looked at the parable of the mustard seed. And the parable of the mustard seed portrayed the visible church growing but becoming a nesting place filled with evil. We saw the parable of the leaven. And the leaven revealed the church permeated with sins, sins like hypocrisy and doctrinal error and the lack of love. And as Jesus was giving these initially, he gave these first four parables. Remember with me that in verse 43 he concluded by simply saying, He who has ears to hear, let him hear. He who has ears to hear, let him hear. That gives to us the responsibility of hearing. It gives to me the responsibility of hearing what the Spirit has to say to the church. And hearing with faith and understanding is important. It's especially important for the believer. Hearing is more than the ability to simply physically hear. When you read hearing, it is especially relating to receiving, not only hearing but receiving and acting upon that which we're listening to. And so when the Lord is speaking concerning hearing in this context, that would include utilizing spiritual discernment. Mark and Luke both communicate concerning this when they're speaking concerning how to receive instruction. And that gives us a deeper insight because in Mark chapter 4, verse 24, Mark writes, he said to them, take heed what you hear. And then in Luke chapter 8 verse 18, Luke says that Jesus said, therefore take heed how you hear. Be careful what you're hearing and be careful how you are hearing. That speaks concerning spiritual discernment, a utilization of that which God had given to us to appropriate what God would have for us. So when Jesus was speaking here, he was intending people to pursue the truer and deeper meaning of the words that he was using. And so we hear with a heart of faith, as well as a heart of determination, not only to hear what is being said, but also to obey what the Spirit would be saying. Now obviously we falter, we're never completely faithful, but it is our desire to obey God's word consistently. None of us is going to be able to live a perfect life this side of heaven. But it's never to be used as an excuse, either to continue in sin. Sometimes people will say, well I'm just a person made of flesh, God knows that and indeed that's true. But God has given to all things that pertain to life and Godliness and when he gave to us his Holy Spirit, he also empowered us to be able to be obedient. So we never make excuse for the continuation of sin and we never say that God's grace enables us to continue in sin and continue on to heaven because that would be a misrepresentation and a misappropriation of what grace actually is because what God would intend for us is to not only hear but to hear and to put into practice, to hear and to obey and to follow him so that he is given to us. And so the Lord here is speaking concerning responses and he has so far been speaking concerning responses to stories, parables that relate to the kingdom of God. And so he continues on now to give other parables. He's going to continue with four more parables and he's speaking concerning the kingdom of God and continuing to do so. So as we look at verse 44 through 46 first and look at this, he says, again, the kingdom of heaven is like treasure hidden in a field which a man found in head and for joy over it he goes and sells all that he has and buys that field. Again, the kingdom of heaven is like a merchant seeking beautiful pearls who when he had found one pearl of great prize went and sold all that he had and bought it. So he continues now to give four more parables. Now, as I look at this, I want to make sure that I develop something by saying first what he's not saying because when you read what he's saying in verse 44 and I'll look at it again. He says, the kingdom of heaven is like treasure hidden in a field which a man found in head and for joy over it he goes and sells all that he has and buys that field. There are those who would say, well, this looks like Jesus is saying it's okay to be deceitful, greedy and dishonest because a guy comes across some treasure in a field and decides to buy that field so he can get that treasure. So it looks to me like Jesus is saying that it's okay to have no ethics to be a thief. So let's begin by first saying that Jesus is not encouraging deception to gain what one greedily desires. What he's doing is he's using an illustration that everybody would be familiar with. You see, during his day the practice of burying valuables was very common. Most people hid their valuables by burying them in a sacred place. Over the long history of Israel, Israel had been attacked many times and families often would bury valuables to keep them out of the hand of those who had plundered. You see, if I were there living in Israel and I had buried my treasures in the field that I owned if I was taken captive, I might be released and when I'm released I can go back to my field and I can find those things that were valuable to me. I could retrieve my goods. You see, over the centuries because they had a long history Israel had become somewhat of a treasure field and so hidden treasure was occasionally found by inhabitants of the land. When it was found, it was permissible for them to keep what was found. So Jesus is not teaching that greed is permissible and blessed by God. Now we're living in a time when words have to be defined because we don't necessarily know what those words mean anymore. The word greed is an intense and selfish desire for something especially power, food, or wealth and God does not bless greed. We need to be very careful to say that on the onset. God's word speaks specifically against it. Proverbs 15, 27 says a greedy man brings trouble to his family. He who hates bribes will live. Proverbs 28, 25 says a greedy man stirs up dissension but he who trusts in the Lord will prosper. So Jesus taught that satisfaction in life isn't based on the acquisition of material goods alone. Now it isn't the material goods in and of themselves that are evil. I mean, I've heard one scripture misquoted so many times and people will say money is the root of all evil. Well that's not what the Bible says. The Bible says the love of money is the root of all kinds of evil. Money in and of itself is used as a tool and sometimes God will bless materially. As a matter of fact, quite often he will bless materially but he blesses those who have a heart for him and take that which he has given to them and used for his kingdom. God will bless you and there's nothing wrong with asking Lord, provide for me my daily bread. Father, I need work. I need something labor and I want to be able to pay for my house, pay my bills, feed my children, put clothing on their back. I want to take care of those things Lord. There's nothing wrong with asking the Lord to provide for you in that way but Jesus made it very clear that the essential possession that we're to have is not necessarily material at all. The essential possession is a relationship, a relationship with God. That's why in Luke 12.15 Jesus said watch out, be on your guard against all kinds of greed. And it went on to say a man's life does not consist in the abundance of his possessions. Man's life is not made up essentially of the things that he owns. You are not what you wear. You are not what you drive. You are not where you live. Those are things that may express your personal taste and your abilities to purchase but that doesn't say who you really are. And so we have to be careful to realize that Jesus said my life doesn't consist in the abundance of material possessions. Someone wrote, Possessing the good things of the world cannot prevent diseases nor death nor do the comfort and happiness of life lie in these things. Eternal life cannot be acquired by possessing any of these things. And so those are things that are outside of materialism. You see greed often reveals a hunger for something outside of the relationship with the Lord. And in reality greed is a form of idolatry and as such will exclude a person from salvation. Greed. We think that if we have a lot of money we are going to be happier and that's not necessarily true. I was on my way one time to do a men's conference in the city of Las Vegas. So I got on a plane here in the city of Ontario and we were flying from Ontario to Las Vegas and I had never been on a plane before going from Ontario or anywhere to Las Vegas and I couldn't believe it.  Party favors. And I remember looking around and I was just looking at all these people with a few friends of mine and we were on our way to Las Vegas and they were on our way we were going to get rich. Two days later I'm on my way back and that plane was so quiet.  But on the way all we're going to be rich we're going to drop a dollar in a slot and I'm going to walk away with a million dollars in this and that, right? And it just doesn't happen. And somebody was once being asked and I was happening to watch this on an interview on television and he was a manager of a very large very expensive hotel in Las Vegas and he was asked a question by the interviewer the interviewer said to him what is it that draws people Las Vegas? He said yes. He said in one word greed. They think they're going to make it. They think they're going to, you know they're going to play the right number.  They're going to make it. He said in one word that which draws people to Las Vegas is greed. It's a desire for materialism because material things because they think that if I have this car if I have this house if I have these clothes if I have these shoes if I have all of these things that will make my life better but a man's life does not consist in the abundance of the things he possesses the essentials of life are things that God gave to us free love, air, food these are things that are necessities but certain kinds of things are not. And so Jesus made it very clear and in fact greed in Scripture in the South is declared to be sinful because it reveals a hunger for something outside of a relationship with God it is in reality a form of idolatry and as such will exclude a person from salvation. How do we know that? Well Ephesians 5 verse 5 for of this you can be sure no immoral impure or greedy person such a man is an idolater has any inheritance in the kingdom of Christ and of God greed is one of those sins that has replaced God with a material possession so with that in mind Jesus is not teaching the unethical acquisition of someone else's property be very careful that you don't pursue something to the loss of your family be careful that you don't pursue something that you think will enrich you to the loss of your family there are a lot of men who work and work and work so that they can accumulate enough so they can take their leisure and ultimately relax and in doing so have lost months and years in the family life that they'll never regain they'll never have it back you gained the world Jesus said but you lost your soul you pursued that which you thought would satisfy you to your own heart and so the Lord never says pursue these things Paul said having things to eat and drink you said these are the things that I'm satisfied with in life we give to us those things freely as we serve him and if we keep those things in terms of in the proper perspective our life is going to be blessed by him Jesus is not teaching the unethical acquisition of someone else's property so as we look at this particular parable it relates to a man digging in a field the first one now this individual that Jesus speaks about when he speaks of this treasure hidden in a field around and hid this particular illustration or parable would be speaking more than likely of a man who's renting and he's renting this particular portion of land and he's working the field and as he's working the field he discovers there's buried treasure the buried treasure presumably had been left by a previous owner now it would have been a previous owner because if the present owner knew that there was treasure in the field he would have retrieved that treasure before he sold the property so the treasure didn't belong to the present owner he wasn't aware of its presence if he had known then the treasure would not have been included in the deal you see rabbinic law permitted a buyer to purchase a field and to keep anything that they found in it the law states if a man finds a treasure fruit or money it belongs to the finder we used to have this little thing that we'd say finders keepers losers what weepers we used to say that finders keepers losers weepers well in rabbinic law if I found something on property and all under certain circumstances if I found scattered fruit or money it would belong to the one who found it and so if the man in the parable he would simply have taken the treasure without bothering to sell all that he had to purchase it somebody would ask why not just take the money and purchase the field with the money that he found so with this said what is it that the Lord intends to teach us in this parable as well as the pearl of great price and so if you take notes what he intends to teach us in the parable of hidden treasure and the pearl of great price is the cost of salvation that's what he's illustrating now we learn things about the kingdom of heaven from these parables in verse 44 that particular parable the treasure in a field gives us insight into the treasure the treasure is the church the field would represent the world the man who found the treasure is God and what does he do well he sells everything he has he buys the field that he might obtain the treasure what is the price well it says here he sold everything he had and so that great cost would illustrate that the price is Jesus Christ when you tie that into the second in verses 45 and 46 the pearl of great price he says the kingdom of heaven is like a merchant seeking beautiful pearls who when he had found one pearl of great price went and sold all that he had and bought it that also illustrates to us the cost it gives us three basic things if you take notes three basic things about salvation one it reveals to us and notice with me that it is God who is doing the seeking neither the treasure nor the pearl is seeking to be found or even to be purchased and that's because they're not even aware of the fact that they're hidden from sight and so the bottom line is is that those who are lost very often don't even know that they are lost they think that they're fine but they are lost the bible says in Isaiah 53 verse 6 all we like sheep have gone astray we have turned everyone to his own way and so we are lost and gone astray and don't even realize it sometimes people think that they're doing just fine but the bible from Genesis to Revelation portrays man as being lost and Jesus as the one who seeks them out God seeks them out in Romans 3, 11 and 12 it says there is none who understands there's none who seeks after God they are all gone out of the way and they are together become unprofitable there's none who does good no not one so there's none who seeks after God God is the one seeking after man and so one we see that God is the one who is seeking out he goes into this field and he finds this hidden treasure and he goes and he finds a beautiful pearl and he sells all that he has and so one it reveals that God initiates this and second it reveals that God pays a great price for the treasure as well as for the pearl so he went out the bible says and he sold all that he had to buy the field and to buy that pearl stories of a man a missionary who spent many years in the nation of India and as he was going about for many many years over 40 years of doing mission work in India his time of service had come to an end and it was time for him to leave and so he is going to different people and he was speaking to them one last time and he went up to this man that he'd been witnessing to for many many years and once again said to him I'm about to leave I've appreciated our friendship but I want to once again ask you will you not receive the Lord Jesus Christ as your Lord and Savior and the Indian man whom he's speaking to says to him I've told you many times that I cannot do so because you have said to me that God wants to give to me eternal life and I do not believe that such a gift can come without me paying a great price for it myself so no I cannot receive you claim to be a free gift when in fact I believe you have to do something to purchase it but I want to give to you something in honor of our friendship you've been a good friend to me over the years and I have something that's very very dear to me that I want you to have because I've come to love you very much and this older man this Indian man reaches into his pocket and pulls out dirty handkerchief and hands this handkerchief to the missionary and as the missionary feels the weight in that handkerchief he opens it up and he looks and in the midst of that handkerchief on the palm of his hand rests a huge black pearl the most perfect pearl he had ever seen and as he looks at this he says this is without price this is too valuable I can't take this from you I can't take it back he says no the old man says no I want to give it to you it shows you my love for you and my esteem for you it's a gift to you no I want you to have that and the missionary says I can't take it this is a very price it's a very costly very pricey gift I can't take it from you and the man says to him listen you need to understand something you didn't know the Indian man says I had a son and my son was the best pearl diver in the area and one day my son went down and as he went down he went down deep and he found an oyster and as he was working the oyster he opened it and he found this pearl but he had gone down too deep and he had been in the water too long and when he was coming and when he was coming to the surface he didn't have enough air and he drowned he says the men went in and retrieved his body and when they retrieved his body and pulled him up his hand was closed on this pearl they opened his hand and they found this pearl and he said it's a gift to you I cannot sell to you what cost the life of my son without price and the missionary said no let me buy it let me buy this from you he said name your price no you don't understand it cost my son his life I cannot sell to you what cost him his life and the man said you mean that pearl is without price and he said yes it has to come as a gift it cannot come at your cost and he said and that is the grace of God God sent his son to die on a cross for you something you couldn't purchase by your own works you receive it by faith it's a gift that God gives to you it's the pearl without price and that's what God would have for us is the pearl without price you can't work your way into the kingdom of heaven because the sacrifice of the son of God was too costly it's too costly it is something that cost the Lord his life and Isaiah 5310 it says it was the Lord's will to crush him and cause him to suffer and though the Lord makes his life a guilt offering he will see his offspring and prolong his days the will of the Lord will prosper in his hand God says that he loved the world so much he gave his only begotten son that whoever believes in him should not perish but have everlasting life for God sent not a son into the world to condemn the world might be saved God initiates it God pays the great price for it indeed redemption is costly Psalm 49 verses 7 through 9 says no man can redeem the life of another or gift to God a ransom for him the ransom for a life is costly no payment is ever enough that he should live on forever and not see decay the cost of redemption is very high 1 Peter 1 18 and 19 says you know that it was not with perishable things such as silver or gold that you were redeemed from the empty way of life handed down to you from your forefathers but with the precious blood of Christ a lamb without blemish or defect in Ephesians 1 7 Paul said in him we have redemption through his blood the forgiveness of sins in accordance with the riches of God's grace and so God initiates he pays a great price and there is great joy in finding the treasure notice again in verse 44 how it says the kingdom of heaven is like treasure hidden in a field which a man found and hid and for a joy over it he goes and sells all that he has and buys that field there is great joy in the kingdom of heaven God finds the treasure God rejoices there is another portion of Scripture it is found in Luke 15 where the Lord Jesus Christ speaks concerning a lost sheep and a lost coin and a lost son and when he is speaking concerning a lost sheep and lost coin he illustrates the joy that occurs when that sheep or that coin is found by saying in Luke 15 10 likewise I say to you there is joy God over one sinner who repents there is joy in the presence of the angels of God it has been said that the angels are rejoicing but it seems to me that it's God who is rejoicing in front of the angels so when one person comes of faith in Christ there is great joy in heaven and that's what Jesus is illustrating here for great with great joy because he has found that which was lost and so God initiates salvation he pays the great price and he rejoices when that person is found now he goes into verse 47 through 50 and he gives another parable the parable of the dragnet and he says again the kingdom of heaven is like a dragnet that was cast into the sea and gathered some of every kind which when it was full they drew to shore and they sat down and gathered the good into vessels but notice it threw the bad away so it will be at the end of the age the angels will come forth separate the wicked from among the just cast them into the furnace of fire there will be wailing and gnashing of teeth the parable of the dragnet this is the seventh parable Jesus teaches now when you look in the history of Israel you'll notice basically three methods of fishing there was what we call the hook and line which we're all familiar with they also had what is called small net fishing there would be one fisherman who would be on the shore and he'd throw a small net and then they had what was called the dragnet a dragnet it was used by a group of fishermen and it would be spread it could be spread over a half of a square mile and it formed a giant circle and a team of fishermen in boats would work it and so it would drop and then they would just draw it up now the result of this dragnet would be what is called an indiscriminate catch whatever was pulled up is just part of the catch but they would carefully inspect the fish that were pulled up they'd be sorted some would be taken to a distant market they'd put them in water containers some fish were sold locally they would place them into the basket but the fish that were not acceptable were discarded these people knew what Jesus was speaking about when he gave this particular parable now what he's speaking about he is speaking of final judgment that's what he says in verse 49 when he says so it will be at the end of the age the angels will come forth separate the wicked from among the just and cast them into the furnace of fire and it goes on to say there will be wailing and gnashing of teeth so he's speaking of final judgment and as he's speaking about this he gives us some insight he speaks about this judgment the judgment will be in a place that is reserved for those who've been judged and have rejected and they will be cast into ultimately what is called the lake of fire very often we'll use the word hell in Revelation 20 it speaks concerning the lake of fire it's the place of final judgment now this lake of fire this final judgment, this place of judgment was not created for man it's interesting to note that it was first created for the devil and fallen angels in Matthew 2541 it says he will say to those on his left depart from me you are accursed into the eternal fire prepared for the devil and his angels so it was created as judgment for them and it's a terrible place to end up it's been said he shall have hell as a debt who will not have heaven as a gift and when people hear the gospel and reject it it isn't that God wants them to go to hell it's that they're making a choice to reject what was offered it's interesting that Jesus has given this series of parables but he's coming out to its conclusion and is saying that in the rejection of my word there are repercussions there is a place that they will go and it's a place of judgment he says that this place is when you read Scripture it's revealed to be a place of torment and sorrow you can see that when you study in the New Testament especially in Luke chapter 16 in Luke chapter 16 there's a portion of Scripture we're all familiar with a portion of Scripture that speaks about a rich man and a man who was poor, a man by the name of Lazarus and so the rich man would eat banquets every day and he in King James he fared sumptuously he ate like a king every day but there was a man who was laid at his gate by the name of Lazarus who was a beggar and he would beg and scrounge for the scraps from this rich man's table and the dogs Jesus said would come and actually lick the wounds of Lazarus and they both died it says the time came when the beggar died and the angels carried him to Abraham's side the rich man also died and was buried in hell where he was in torment he looked up and saw Abraham far away with Lazarus by his side so we called him father Abraham have pity on me and send Lazarus to dip the tip of his finger in water and cool my tongue because I am in agony in this fire I am in agony in this fire somebody once said it's never true to say something hurts like hell because nothing hurts like hell and that's what he's saying I'm in torment I'm in torment have him come and bring some water for me I am thirsty I'm in torment here in this place and so the bottom line the Lord is saying here his final judgment comes and it is a place of torment and it's a place of sorrow that's what the Bible teaches I mentioned to you recently how somebody who used to be in this fellowship some part of our church he would visit on occasion I had met him he was actually the husband of somebody that we knew and she on occasion would bring him to church and on one occasion he says oh I'm going to go to hell I know that but all my friends will be there and we'll party well the Lord Jesus Christ says no you're not going to party it's a place of torment it's a place of pain and it's a place that he doesn't want you to go you see the penalty in the final Revelation 20 verse 10 says the devil who deceived them was thrown into the lake of burning sulfur where the beast and the false prophet had been thrown they will be tormented day and night forever and ever Jesus spoke often of this because he wanted people not to go there somebody once said let not anyone who thinks that fear of hell should be put out of the mind of unsaved man ever suppose the slightest understanding of what Jesus came into the world to say and do there are many today who will say there is no final punishment you just die and you become food for worms Jesus didn't teach that and as he's speaking he's making it very clear he says in verse 50 they will be cast into the furnace of fire and there will be wailing and gnashing of teeth and after he says that verse 51 Jesus said to them God all these things they said to him yes Lord then he said to them therefore every scribe instructed concerning the kingdom of heaven is like a householder who brings out of his treasure things new and old and now he gives the parable of the householder the eighth and final parable of the chapter now notice with me verse 51 Jesus said to them have you understood all these things have you rightly put these things together now I want you to notice this when he says have you understood all these things that will always be the concern of a teacher do you understand what you've been taught someone said matters of the utmost weight and importance should be considered again and again until they've been thoroughly understood now he'd already been speaking concerning this and how that the enemy will come and take from the soil that which has been planted and so naturally he wants to reinforce the teaching that the word needs to find a receptive heart and therefore he said do you understand have you understood all these things and the response to him is yes yes we have we've understood so he goes on to say therefore every scribe instructed concerning the kingdom of heaven is like a householder who brings out of his treasure notice things new and old now what is he saying this process is part of the way you experience spiritual growth you have a treasure of knowledge both of what you have learned and what you are presently learning so what I have said previously with what you have recently learned you're supposed to hear what has been said in the past that was your foundation and now you add to that what you've been taught and that demonstrates that your edifice of understanding is beginning to grow you have a foundation some very basic things and now Jesus is saying I'm adding to those things listen it's not enough to enter into the kingdom of heaven as a baby but we're supposed to move on into young adulthood and then ultimately to become what would be called a father or a mother of the faith you aren't supposed to stay a baby you're supposed to grow I'm not supposed to enter in as a baby and remain a baby all of my spiritual life 5, 10, 15, 20, 30, 40 years later I'm still drinking the milk of the word because I haven't grown to having the meat of the word and so what he would be saying is he's saying that you need to take what has been given to you previously add to it what you're learning and that creates in you a maturity a level of understanding and the way that you actually grow in your maturity isn't simply intellectually assenting to things that are said but it's putting into practice the things that are said and building your life on that so that you're not only hearing but you're also doing and in the hearing in the doing you're maturing that's how it works the Bible in Proverbs 1.5 says listen and add to their learning let the discerning get guidance Proverbs 9.9 instruct a wise man he'll be wiser still, teacher righteous man and he will add to his learning and so that's why you'll hear from this pulpit me encouraging you to not simply be a Sunday morning Christian but to put the word of God into practice daily have your devotions, pick up the Bible in the morning and listen to what the word says turn on one of the radio stations on your way to work that teaches listen to the teaching and grow daily if you can be in a midweek if you can be involved in small groups or be involved in various things do so, it strengthens you and what happens is the foundation actually has an edifice that is built upon it that is maturing and you're taking what is being said and you're applying what is being said and you're growing in your understanding of God and that's how it works and as you gain you give so be wise in the way that you practice the new revelation because in gaining new understanding you're growing in your maturity as well as your responsibility and we are to be a growing disciple we're to hunger for the milk of the word we're to hunger after righteousness in 2 Peter 3 18 it says grow in the grace and knowledge of our Lord and Savior Jesus Christ and so not only do we receive but we also live out what God taught us James 1 22 says be doers of the word not hearers only deceiving yourselves and then what you do is you share with others what you've received notice how he says in verse 52 who brings out of his treasure the words bring out is a Greek word ekbalon it means to cast out or to drive out it speaks of sending out or distributing widely what you have learned by study and experience distribute to others in a wise manner as part of your growth process I got saved and when I I got saved the young man who was discipling me there at the Hollywood Palladium December 27 1970 that young man who was discipling said to me read the word pray fellowship and tell someone about Jesus that's the way he said four basic things read the word pray fellowship with other Christians and tell somebody so I'm 20 years old I just got saved I come home they drop me off at my parents house I was living with my parents I was supposed to have received not me personally I was supposed to be smoking some pot that had been received by some friends of mine who lived across the street and I had gone to this Christian event rather than getting high and now I cross the street I still remember them dropping my friends and I walk across the street rather than going in the house I crossed the street, crossed another street went to my friend's house and as I went into that house I was looking for my friend Gilbert and Baby Doll and some of the other people that were there Baby Doll they all have nicknames my friend Gilbert's name was Gigi his brother was Lolo I mean they had all these names that's the truth there were dear friends of mine I had known them since I was a little boy they lived across the street from us for many years their mama I knew her very well I was there all the time I was getting high at their house all the time used to go into the garage close the garage door and just get high that's what we did all the time now I go across the street and I walk into the house and I talk to mom and I say to her you know what I just did well what did you do we're sitting at the dinner table and I say to her, I've become the first one in Christ I become born again she looks at me and says really I said yes and I shared what had happened first thing with her first thing they came to faith in Christ Mary-Louis actually Baby Doll actually became a worship leader in the church that she attended they all came to faith in Christ the majority of the family did there were 9 kids the majority of them came to faith in Christ and so I went and shared with them into my parents' den. And I walked in and I looked at him and I said, Mom, Dad, Becky, Madeline, I love you, praise the Lord. And that's when my two sisters jumped up and came following me as I went into a bathroom, which is right there. And Mama stops while I'm talking to my sisters.  She thought I went crazy.  She was so afraid. That was my mom. My sister Madeline went to her bed. It was late. She went to bed and she said, whatever you did to my brother, do that for me. And my sister Madeline gave her heart to Christ that same night. She gave her heart to Jesus Christ. Three weeks later is when I'm sharing with my parents out of Revelation 9 and I open the Bible, read the portion to my dad and say to him, Dad, you are a good man. You are the best man I will ever know.  I said, I love you Daddy and I don't want to go to heaven without you.  You're giving your heart to Christ right this minute. And my dad and my mom, that's how they came to faith in Christ. They bowed their head and they gave their heart to Jesus Christ. Then my sister, rather my brother Frank, a couple years later, I went in the military, got out. I took him to church one night and my brother Frank, August 4th, 1974, gave his heart to Jesus Christ. He needed a Bible study. So I started teaching a Bible study at his house in the city of Ontario. He invited workers. A young woman named Marie shows up. Two weeks later, three weeks later, Marie gives her heart to Jesus Christ. My sister Becky enters in a lesbian relationship in a lesbian lifestyle and stays there over 20 years. She says something like 27 years. She comes to an Easter service here. I give an invitation. She lives in New Mexico. I didn't even know she was here. She gives her heart to Jesus Christ. That's what he's saying. You take it and you give it. God has called us to take this message out, not to keep it in these four walls, but to tell our family, our friends, those who we live next to, you know, the neighbors, the people we work with. When given opportunity, no, I'm not saying shove the gospel down their throat, but he says, a wise scribe will take it out and we'll give it. That's what I've been doing now for many years since 1970 is taking the word and giving it to people. Don't be afraid. Tell them the truth. Tell them the truth. I said to dad, I don't want to go to heaven without you.  Don't be changing the word of God to suit the ears of the ear. Just tell the truth. Jesus cared. Jesus said, this is what happens. The end of the age, the angels come, they sort out these fish and the ones that are not right, they will enter into judgment. People don't want to hear that. I understand. Everybody goes to heaven in the United States, right? Even your dogs and parakeets, right? Everybody goes to heaven. But that's not what Jesus taught. If everybody just went to heaven, why preach? Why share? Why did Paul go everywhere? Why did he make it his aim to preach the name of Christ for the name had never been proclaimed? Why did you do that, Paul? If everybody's going to go to heaven, why did you care? Because that is not what's going to happen. It's going to happen where the angels will come. They will take those. They will sort them out. Some enter into judgment and Jesus said, it's eternal. That ought to motivate us to love our friends and our family. Love them enough to tell them the truth. Tell them that God loves them. Tell them that Jesus died on cross for them. Tell them that he was buried but he was raised the third day. Tell them that the Holy Spirit will indwell them. Their lives can be changed. They can have purpose. They can have peace. They can have joy. They can know what love is. Tell them that their families can be salvaged. That God can do a work. That the hypocrite could be changed to be sincere. That the drug addict can be set free. That the alcoholic can become a good father or a good mother. Tell them what God can do. Take it out of these four walls and tell somebody that God loves them because that's what Jesus taught us to do. That's a fact. That's what he said. And we need to not only learn but we need to distribute and we do so as a wise individual. There are times when the Lord gives to us opportunity and he says speak. There are times when he says I'm holding you back. Just be waiting on the Lord. You see one last thing and then we'll close. I'm not saying go to work and don't work. Just preach. Become you know just no I'm not saying that. I'm not saying that. Be the best worker on the job site. Be the best worker on the job site. Be the most honest. Be on time. Work a full day. Leave on time. Don't take extra breaks.   Just be a man. Be a woman with integrity so that they'll see that and they'll say there's something different about you. There's something I don't know what you're saying. Well it's just you're different. You're different. I'm a Christian. Yeah yeah yeah we all are. What you're seeing is the Lord working in my heart. Really somebody just came yesterday yesterday and we're talking they were talking to someone after a funeral that we had just yesterday. Dears served in this fellowship for many years went home to be with the Lord and a great number of people showed up and not every one of them had gone to this fellowship and one was speaking to somebody after the funeral service and said I have never been around a group of people like this before it makes me think I could be one of these. I could be a Christian because she was seeing love in action. She saw love in action because all these people who cared about this friend of hers she wasn't even aware that there were people like that you know they watch TV and they see these caricatures of a Christian. They see somebody with a Bible holding it up yelling out yeah I believe this is the best book I was given to me by my family blah blah blah then a moment later they're gossiping about somebody or swearing or whatever and they say if that's what a Christian is then I must already be one because that's what I do do. But when they see somebody who loves and cares when they see somebody who serves as generous has charitable heart towards people in all speaks the truth that's so in love has a concern for their eternity and that's different and that's what God has called us to do and that's what God has called us as believers to be. Now it came to pass when Jesus had finished these parables he departed from there so he's leaving he gave eight parables there in the city of Capernaum and he's leaving Capernaum and he's on his way now to the city of Nazareth and we will be looking at the response to Jesus in his home city next time we get together. Father we pray that you would work in our hearts even right now as we have come into this place and we have heard your word we would ask that you would have your way amongst us and even as our eyes are closed our heads are bowed perhaps there are some in this room right now the Spirit of God is speaking to you need to get right with the Lord and you know it and so as our eyes are closed and our heads are bowed if you need prayer you need to get right with him would you raise your hand and let me pray for you just where you're at raise your hand that I might see you and pray for your father you see these hands going out throughout this place right now and I'm asking that you would reach down and you would touch them their hearts are opening to you and I'm asking that you would settle on them and Lord I ask that your word would find a home in them and that they would begin from this point on to live for you thank you for the washing and the cleansing of the blood of Christ the newness of life that we have as you forgive us our sin thank you that we now are becoming your temple and your spirit will dwell in us we ask that we would hunger and thirst after you your righteousness and that we would pursue you from this moment on we give you praise and we give you thanks as we turn from our sin we forsake it and we turn to you and bless you Lord and thank you you can put your hands down and Jesus I ask that you keep moving in all of us to your glory in your name amen let's all stand now remember Jesus asked the question have you understood all these things did that make sense to you today did it I hope so I hope so may the Lord work in us and remember we have a service tonight we have a service Wednesday don't be a stranger to your church come and spend time with us get into the word with us


one-a-money minute. The cannabis industry is ending 2020 with a bang, as financial deals are closing on a high note. This week, WeedMaps announced it was going public through a deal with the Silver Spike SPAC, which is a special-purpose acquisition company. The stock will be listed on the Nasdaq Marketplace, and the most eye-popping thing about this deal was the $1.5 billion valuation given to WeMaps. That's a pretty sweet premium considering the company is on track to deliver $160 million in revenue this year. Grow Generation increased its offering from the recently announced $125 million. They're bumping it up to $150 million, and they've priced $5 million shares of its common stock at $30 a share. The company said it expects to close on this offering on or about December 11. The shares fell on the news of it as investors are starting to get concerned about dilution. CBDMD priced its underwritten public offering of its Series A cumulative convertible preferred stock at a price of $750 per share. CBDMD expects to receive gross proceeds of about $15 million. Numinous Wellness said it has done a bought deal that will bring that company $15 million. That original deal was for $10 million. In not-so-good news, employees of Canopy Growth got a call from the Grinch as 200 employees learned they would no longer have a job. Canopy Growth said it would cease business at several sites and basically end all its outdoor growing operations in Canada. The company also said it expects to record estimated total pre-tax charges of approximately $350 to $400 million in the third and fourth quarters of fiscal 2021. Men-Men released its consolidated financial results for the first quarter of fiscal 2021 ending September. The company delivered a sequential growth of 31% on revenue of $35.6 million. While that was good, it was down from last year's revenue of $39.7 million for the same time period. On a positive note, the net losses were trimmed to $21 million and the company managed to dramatically cut expenses from last year's $71 million to just $24.9 million in the quarter. Still, they said they only had $10 million in cash and they're working on new plan-councing. Hexo Corp said it wants to change its plan on consolidating its shares from a 4 to 1 ratio to an 8 to 1 ratio since its share price has risen. Hexo is consolidating its shares in order to meet the compliance standard of $1 per share for the New York Stock Exchange. And that's it for this week. I'm Deborah Bortart from the Green Market Report.


Tyler, I wanted him to succeed at school and just fit in and be as normal as possible.  This has been going on for 25 years that they have failed those people that need mental health treatment. He didn't know how to function. It was like he had his own reality. That was his reality.  He committed a crime. Some people said no. He's got mental problems. He needs help. And you're crossing the middle. I remember at the scene getting water and he walked up behind me. That's when I don't remember nothing after that.


Hello everyone. Welcome to Options with Doug. Streaming live daily on Bookbap Discord and the Bookbap YouTube channel at 1.30 p.m. Eastern Time. Before I get started I need to go through the disclosures. General disclosure, all Bookbap 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 involve substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. Here's my contact information. The best way to get in touch with me is through Discord. My name on Discord is Doug P. Also on Bookbap Discord there's an options-doug chat channel that's a great place to post questions, comments, and content related to the topics of my presentation and the topics of the channel that I'll go through in just a moment. And note that Bookbap Discord is free and available to everyone whether you subscribe to a bookbap or not. There's a lot of great content there, a very strong community of traders all trying to help each other become better traders. Again it's free and available to everyone. I'm also on X, formerly known as Twitter. My name there is at Doug Place. The focus of my presentation today and the focus of the options-doug chat channel 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 the directional bias. And the second step in my process is execution. I look at real-time order flow in Bookbap and real-time market maker hedging flow on spot gamma hero for setups. And when I talk about setups today, I will be talking about setups in an underlying asset. And setups in those assets can be taken any number of ways. For example, the S&B 500 setups can be taken with ES futures, SPY shares, SPY options, SPX options, or even ES options. So again, in execution, I'm confirming my thesis and looking for setups. Questions and comments are welcome and I will be watching both the options-doug chat channel and discord as well as the chat and YouTube for your questions and comments. Please feel free to post and I'll do my best to answer your questions. Here's my agenda for today. Thursday, January 18th. First of all, I want to go over news items, economic data, and events for today and tomorrow. Then I'll go through my positional analysis. Then I'll review some setups earlier today. And then I'll get to the live market. And just a note, I'm looking for feedback. So today I'm going to try and go through the positional analysis a little bit more quickly so we can go to setups in the live market. If that's what everybody would like to see, please let me know. Again, any feedback is welcome. Whatever you would like to see, please let me know. You can post that in discord and YouTube. Just keep in mind in YouTube that's somewhat transient in discord. I'll see it longer. And then also you can also contact me direct direct message in discord with Doug P. Alright, so let's start now. News items, economic data and events. So today and today this week has been pretty light for economic data. But today, jobless claims came out and they were lower than expected also lower than lower than the previous number. And then building permits. There were some other housing data as well. Building permits came in greater than expected and greater than previous previous reading. And then also tomorrow, Michigan consumer sentiment comes out at 10am. All right, let's move on now to positional analysis. I'm going to start with ESP 500. And this is ES futures in book map. And before I take a closer look at this chart, I do want to take a look at the underlying index, which is SPX. We'll take we'll start with a larger time frame. So this is a one day chart in thinkorswim for SPX. This is the rally that began October 30 for a variety of reasons. IV collapse put Vanna rally better than expected inflation reports somewhat dovish FMC. And so the rally has moved up pretty sharply pretty quickly at the end of last year up into the 4800 level and finding resistance at that level. All right, so that's a one day chart. Now let's zoom out a little bit more. Take a look at a 30 day one hour chart. So this is showing in SPX. Here's that 4800 level acting as resistant. So this is the end of last year. And SPX could not quite make it up to that level on then this year. Last week 4800 acting as resistance again. So SPX has trouble struggle to that level. Alright, let's take a look at levels on this chart now. So first of all, I want to point out the dash purple lines that's lower and upper weekly expected move that's based on the options market. I update that once a week over the weekend. And those levels remain in place for the entire week. The dash blue lines are showing the lower and upper daily expected move also based on the options market. And those levels are updated once a day. I update them at the close for SPX. So SPX has been trading up to the upper daily expected move and is now trading back within that range. Alright, the dark red lines are showing spot gamma levels. There's been quite a shift in levels overnight for SPX. So let me point those out. Again, the dark red lines spot gamma levels. These are based on gamma weighted open interest. They're proprietary to spot gamma provided to spot gamma subscribers showing our variety of trading platforms. This is thinkorswim. I'm going to point out the key daily levels. First of all, there's the put wall at 4500. That's a strike with large net negative gamma that can be expected to act as support. And that level did move lower from yesterday from 4600. Actually, yesterday, the put wall move lower from 4700 to 4600 and then has moved lower again now to 4500. So that's the put wall. The next level up is the volatility trigger. That's at 4695. And that spot gamma is proprietary gamma and volatility flip level. Below that level market makers position on the gamma curve is negative. In a negative gamma environment, they have to trade with price edge to their delta exposure. And that tends to enhance or increase volatility. On the other hand, above that level, market makers position on the gamma curve is positive. In a positive gamma environment, market makers have to trade against price edge to their delta exposure. And that tends to subdue or decrease volatility. And now we'll take a look at gamma notional. And just a moment the gamma notional at the beginning of the day for SPX was pretty much neutral, just very slightly negative. And that level also shifted lower from yesterday. To this it shifted lower from 4765, which was definitely in play for today that was noted as a resistance level. We'll take a look at that in just a minute. And then the next level up is the call wall up now at 4900. That's a strike with the largest net positive gamma that can be expected to act as resistance. And that level moved higher from yesterday from 4800 up to 4900. And then finally, the absolute gamma strike is now up at 5000. And that is the strike with the largest absolute positive and negative gamma. And so that level also moved pretty significantly higher from 4800 yesterday now up to 5000. So big shifts and levels for SPX volatility are trigger and put wall shifted lower call wall and absolute gamma strike shifting higher showing a very wide range there. The potential floor for price at 4500 put wall and the potential ceiling now at 5000 at the call wall. Alright, finally, let's take a look at one other SPX chart just to get a look at the levels and play for today. We zoom in on this just a little bit. So the dark portion on the right here showing the regular trading hours today. And the takeaway here first of all the resistance at the upper daily expected move. And then note this 4750. That's a large gamma four level acting as support earlier today. That was a great launching point for a long early in the morning. And then as price broke below that level, the 4747 zero gamma level acted as support. So those are levels SPX levels and play for today. Alright, let's take a look at book map now. Book map. I have my own cloud notes. So I can show SPX levels. And here's this 4765 level that I mentioned before, acting as resistance. And that was noted that level was noted as resistance in the spot gamma am founders note that was the volatility trigger yesterday. And then here's that 4750 level, large gamma four level, acting as support just above all the liquidity shown in the heat map there. I'll talk more about that in a few minutes when I get to setups. So I have SPX levels on this chart. I also have spy levels. And you can't see the label here. But this is spy 475. That level also along with the 4765 acting as resistance. And then there's this zero gamma level. And also finally the upper daily expected move for ES. Alright, note, there is a difference in price between ES and SPX. And that level those differences change that difference changes a little bit every day. I post the index relationships that I use every day in discord. I try to get those out by 10am when they've settled down a bit. So today, ES minus SPX is 30. And that's what I'm using. So I'm showing SPX 4750 at ES 4780. So ES minus SPX equals 30. Alright, so those are levels in play for today. Primarily the 4750 level, and then the 4765 level up above that as well as the spy 475. Right, those are levels in play for the ES futures. Now let's take a look at NASDAQ. And hello, demo trader. Welcome glad you're here and thanks. Thanks for mentioning the like button. Yeah, and that would help. Subscribe and hit the like button. Alright, so this is the NQ futures in book map. And before I take a closer look at this chart, I do want to take a look first of all at a QQQ chart. So I can isolate the QQQ levels and play for today. Oh, and I forgot to mention for spy the shifts and levels volatility trigger put wall and absolute gamma strike all shifted lower. So a hat trick for spy with three levels shifting lower. Alright, on to NASDAQ now. This is the QQQ and a strong rally overnight shown with this gray area on the left. On thinkorswim QQQ does trade 24 hours a day. So the price action is shown and a strong rally. NQ did gap up and traded higher before the cash open or at the cash open opened almost 0.9% higher. Alright, levels in play for today. Here's this combo to level combining QQQ and NDX. Gamma weighted open under interest into one level converted to an equivalent QQQ price. And then the 413 level, that's not a spot gamma level just around number level, acting as resistance. Later today now it looks like the the 411 level may be acting as resistance. Alright, I'm going to skip over NDX. They're really well as it would take a quick look. You have the only level in play for NDX is this combo level right here. Combo all three again combining QQQ and NDX. Gamma weighted open interest in this chart converted to an equivalent NDX price. Alright, let's get back to book map NQ features. Again, I have my own cloud notes. So I can show QQQ levels and that combo level NDX combo level is just above that. And note that NQ is trading has been trading well above its upper daily expected move earlier today. And then this yellow line up here, you can't see the label that is the 413 level acting as resistance, along with NQ 17100. So one column of notes there showing QQQ NDX and also NQ levels. And again, we'll talk about setups in a few minutes. Alright, shifts and levels for the NASDAQ. There was only one the volatility trigger for QQQ shifted lower to 403. So QQQ is trading well above its volatility trigger. Alright, let's move on take a look at Gamma Notional now. And we'll get through this positional analysis pretty quickly and look at setups in the live market. And Caesar asked, has this chop been just as frustrating for you as many of us? Yeah. So yesterday, especially in NASDAQ, there were some great trending moves, much easier to trade than today. With deeper pullbacks. Again, I'll talk about that in a few minutes. So yeah, it was difficult to trade you had to stay patient, pick your spots and not not over trade, not over trading get chopped up. Alright, so Gamma Notional. This is market makers position on the gamma curve at the beginning of the day, for the SB 500, NASDAQ and Russell 2000. Note that most of these numbers are for SB 500 and Russell 2000 negative. And for NASDAQ positive. So negative Gamma Notional indicates that for an index, traders are long puts market makers are short puts, and they have to sell futures to hedge their delta exposure in a negative gamma environment. In a positive gamma environment, for an index spot gamma assumes that traders are short calls, market makers are long calls, hence the positive gamma, and they have to trade against price to hedge their delta exposure. So negative gamma Notional for for the SB 500. And note this is very, very mild for SB X, really more neutral. And then more negative for SPY at 947 million. QQQ still strangely positive, Gamma Notional, and then negative for Russell 2000. Alright, I'm going to skip the Vantamodel very similar to yesterday, just showing how market makers may react to changes in price and implied volatility, unless somebody wants to see that. Otherwise, I'll move on to move on to setups, move on to setups and live market. Alright, let's take a look at some setups.  Alright, so the key today was watching price action, order flow and hedging flow in order flow and book map and hedging flow in hero here at key levels. Alright, so I'm going to start with setups. Now I'm going to start with the SB 500. This is the hero chart from spot gamma. This is available to spot gamma subscribers. What this chart is showing is price for SPX and the hero signal hedging impact real time options. So everything that we've looked at so far other than book map has been based on static data that's updated once overnight spot gamma takes the open interest data that's provided by OCC applies their algorithms to this data to come up with the levels and the other information that we've looked at the Gamma Notional. And I use that on my planning process. And now we're going to take a look at real time data. So this chart is showing options, trades and market maker hedging activity for the SMB 500. That's a combined signal of SPX spy, XSP and ES futures. So again, the purple line is the hero signal hedging impact real time options. Alright, I'm going to zoom in on this chart. And I'm going to focus on first of all, the morning setup, which was long. And I mentioned this in in discord Caesar asked about this. And, you know, noted right around 11, that traders were taking positive delta positions. So in the morning session, I was definitely looking for for long setups. So let's start with the hero signal here. Again, so the hero signal, a rising purple line indicates traders are taking positive delta positions. When traders take positive delta positions, market makers take the opposite side of that. So when traders are buying calls, market makers sell the calls, and they have to buy futures to hedge their delta exposure. And I'm talking about calls in spy, SPX, ES, market makers will sell those calls and they have to buy the by ES futures to hedge their delta exposure. That is the most efficient way for them to hedge any trade in the SMB 500. And just let me point out that the hero signal started rising right around 940, then really took off about 955 and note the flow alert there indicating significant options activity. Good to get your attention. Also note where that came in at 4750. That's SPX 4750. That's the level that I noted before, acting as support. Alright, so we know starting around 940, traders were taking positive delta positions at 955 that really accelerated at the 4750 level. Flow alert indicated again, significant options activity, something to get your attention. You know, I'm going to take a look at one other thing, I'm going to separate outputs and calls. And this is likely to cause a problem with the charts. I'm going to do it pretty quickly. And the rising orange line shows that traders were buying calls pretty much from the open. And then that really started to accelerate about 945. And then they continue to buy calls. So the rising orange line indicates traders are buying calls. Market makers are selling calls and again, have to buy futures to hedge their delta exposure. Let's take a look. So the time that I have shown on this chart, the notional value recalls the rising orange line 3 billion. And they were also buying puts that shown by the falling blue line, and the negative notional value. But the call buyers were more more aggressive, and pretty much driving price up until the reversal around noon. Let's go back to the total signal. So this was a great, great divergence, long setup, hero rising, flow alert, and then really several opportunities to get in. The last one just before 10.05, the final test of 4750. Alright, let's go to book map now. Go back to ES. And I'm going to zoom in. By the way, now I'm using version book map version 7.5. And I just updated yesterday, it was 7.5 was an alpha version, and has been upgraded to beta. So I went ahead and updated. And the main thing that I've noticed so far is the volume dots are a little bit different. So I'm still getting used to that. The clustering, there are some additional options. I'm going to have to go back and read about that. Maybe I and watch Bruce's webinars. I maybe he's talked about it. He's been using 7.5 when it was an alpha version. So now 7.5 is beta. That's what I'm using so far. No problems very, very stable. Alright, so this is the set up the long setup. And we'll take a look at the clues in book map. And really the in this case, the hero signal was the kind of the most important signal for the move higher. So there were again several opportunities to enter along and note all the liquidity in the order book here. Let me point this out just resting below that 4750 level. So this is the heat map in book map. This dark shaded area, just below 4750. This is a history of the limit orders in the order book. The darker areas, bright orange, red indicate there were more orders in the order book at that time. Also providing another confirmation for a long. And it looks like traders were front running that liquidity. Alright, the volume dots, that's what I was talking about before the clustering of the volume dots, magenta dots, those the market, the volume dots indicate market buy minus sell, it's a delta. So magenta dots indicate more sellers than buyers, and green volume dots indicate more buyers than sellers. So another signal deep pullback and an entry, long entry at that large volume dot. Same here. This was a very nice setup. So the first setup, again, was this 4750 took some patience to wait for it. But several opportunities to get long at 4750 deep pullbacks to VWAP here, shown by the slight blue line. Another pullback to point of control the V pot shown by the purple line. And then the last entry. Note all the iceberg orders there. Those are sell iceberg orders and aggressive buyers were buying those orders, shown again by the very large green volume dot. And note also the stop orders shown by the rising yellow line. And also rising cumulative volume delta CVD shown by the dark blue line. So aggressive buyers consume those sell iceberg orders. And then my stop orders and aggressive buyers, fuel the move higher to this cluster of levels there are very important cluster of levels. That was the SPX 4765 level that was noted as resistance. And the spot gamma am founders note, just above that is the upper daily expected move for ES. And then just above that is the spy 475 level all acting as a target for this for these long entries. And then also resistance for short later on. Alright, so great, great long set up in the morning. Confirmations, especially with hero. And then also here in book map support at the 4750 level. And then aggressive buyers moving price higher shown by the rising CVD. Right. So again, the key today was to watch order flow and hedging flow at key levels. And the key levels for today, 4750 on the downside in this morning session, and this cluster of levels up above acting as resistance and a target for the long in the morning. And then after that, that second test of the upper cluster of levels, ES did reverse lower. And note that large traders have been fading the move higher, pretty much since the cash open that the light blue line is showing cell iceberg orders. And it's pretty much been falling since the cash open. And eventually they got their way. So again, those are cell iceberg orders using used by larger traders to hide their size. And they can typically with staying with sustained a little bit more pain than smaller traders. Alright, let's go back to take a look at hero again. Alright, so I'm going to zoom out. So at this 4765 level, right around here. And this is right around 1111 40 something like that, hero shifts pretty sharply lower, starts make a series of our highs and ES SPX spy all reverse lower. So earlier today, hero really acted as a great signal for long, and then great signal for short at a resistance level. So long at a support level, and then short at a resistance level. Alright, let's go back to book map. Alright, so here's the short. Again, at that cluster of levels. Yes, makes a lower high, some cell iceberg orders, and then aggressive sellers start to come in shown by the magenta volume dots, and price brought drops pretty quickly, back down to the 4750 level, and then down to the 4747 zero gamma level, and also the spy 473 level, and now moving higher as aggressive buyers have started to come in again, shown by the green volume dots, also the rising CVD. And let's go back to hero. See what options traders are doing. So no, just after 1pm, traders started taking positive delta positions again. So hero pretty much flattened out during launch, then aggressive buyers came in. So really mean reverting price action today. We'll slice and dice this a little bit. First of all, take a look at puts and calls. So right around one trader started buying calls again. And they really started selling puts sorry about that. What I was trying to avoid. So right around one, actually right around 12, they started selling puts. So earlier today, they were pretty steadily buying puts, that activity leveled off. Then maybe right around 1240, they started selling puts. So then starting right around one, they started buying calls. So note, now starting around one, both the orange line and blue line are moving the same direction. So traders are buying calls and selling puts. That is a very powerful directional indicator. When both lines are moving the same direction, spot gamma has pointed that out as a, again, a very powerful directional indicator, difficult for whatever the underlying is to move against that. I'm going to go back to the total signal. So there we go. Pretty clear. Traders started taking positive delta positions right around one and ES reversed higher, not at any particular level. But again, aggressive buyers started to come in as traders were options traders were taking positive delta positions. So ES breaks out of that range with aggressive buyers and market maker hedging activity, and maybe heading back up to this 4765 cluster of levels. Alright, let's take a look at NASDAQ now. And if anybody has any comments, was that sufficient detail on on ES? Was that too much too little? Any, any thoughts would be helpful? Alright, so here's NASDAQ. And let's take a look and see what options traders have been doing today. Alright, so first of all, SP 500 again, very providing a very clear signal for hero. Here's NASDAQ, not so much. So the key for today was watch. Watch this mag seven signal. And I often look at this for for NASDAQ. So what this is, this is a combined signal for the stocks known as the Magnificent Seven Apple, Amazon, Google, Meta, Microsoft, Nvidia, Tesla, and these stocks make up a very large component of the NASDAQ 100. Also the SP 500, but much more so with the NASDAQ 100. So again, I often look at this signal as a confirmation for trades in NASDAQ. So note from the open, traders were taking positive delta positions in the Magnificent Seven stocks. All right, Caesar says the high of the day info was really insightful. Thanks. Glad that helped. And Uncle says great level of detail, hero explanation good. So I'm glad this is helpful. Again, I want to show whatever, whatever you want, whatever you find helpful. Alright, so mag seven stock, hero signal, traders taking positive delta positions in mag seven stocks, and NASDAQ responds higher. And I posted this chart in, in discord as well as the SP 500 chart. Or let's go to go to NASDAQ now, in book map, going to zoom in. Alright, no, I did note again that I'm using the 7.5 beta version now. And the clustering is different. I'm still using the the clustering that I used before for the volume dots. And that's a smart clustering for for NASDAQ. Alright, so we know that traders options traders were taking positive delta positions in the mag seven stocks from the open, took some patience to wait until this reversal higher, right around 10am. And that was the upper daily expected move. Just above the 410 level on that combo level. And then there were very deep pullbacks to this trend line very, you know, very close to this trend line. So once, you know, once the trend line was in place, it was pretty easy to find entry points for longs and the volume dots showing aggressive sellers on the way down with the budget the dots, then aggressive buyers come in. So in this case, the volume dots were a little bit easier to read for me today in NQ than they were for ES pullbacks. Then as NASDAQ starts to move higher, large traders come in with iceberg orders that shown by the light blue line there, large iceberg orders, then also buy stop orders that shown by the rising yellow line help to fuel the move higher. Also shown by the on chart indicator. Those are buy stop orders. Another deep pullback to the trend line. And note at this point, blue line rising, yellow line rising, and then CVD starts to rise that's shown by the dark blue line, zoom out. Alright, so in this case, the, the upper level, the high of the day was not as easy to anticipate. There were no spot gamma levels up at that, at the high of the day, just the NQ 17,100. And as I mentioned before, the QQQ 413 level just above that. Alright, let's go back to hero now. And you can see the hero signal from mag seven starts to reverse higher, makes a lower high, and then reverses lower right around noon. Alright, let's take a look at some stocks. First of all, I want to take a look at Apple. And Anatoly asked, is there a way to copy your book map setup template? I can show you setups for individual items, if you'd like. I, you know, I'm not going to share my workspace, but for individual settings, let me know it may be easier. If you're in discord, I can do that there. Otherwise, let me know if you know there are one or two things you want to see. Alright, so let's go to Apple. So this morning, Apple, there was an upgrade for I think Bank of America, upgraded Apple, traders started taking positive delta positions, note all the flow alerts here, and indicating significant options activity, and traders were buying calls, and eventually selling puts. So calls really driving price higher today, shown by the rising orange line. And then note also, this very typical pattern, right around 1130 options, traders take their foot off the gas, and price consolidates and or reverses lower.  Let's go to go to bookmap now, go to Apple. So here's the long set up in Apple this morning, reversal higher at 186. This is the opening print that huge volume dot, and then there have been a lot of aggressive buyers note all the green volume dots heading up toward 189. So upgrade in Apple today, call buyers next AMD.  So looking at order flow here and in bookmap, there were a lot of aggressive buyers at the open. Let me see if I can dial down these volume dots just a little bit up to 168, then aggressive sellers start to come in. Show my the magenta volume dots. Oops, keep grabbing the wrong tool. Magenta volume dots aggressive sellers start to come in. So aggressive buyers right at the open on the way up, then aggressive sellers start to come in. We'll see what options traders were doing. Go to hero, go to AMD. And they were selling calls and buying puts. So notional value for both of these the orange and the blue, both negative. So they are selling calls and buying puts calls really driving price action. Note the flow alerts. AMD reverses lower. As traders traders stop buying calls start selling calls and start buying puts. All right, the next I want to take a look at is Meta. And Meta, pretty similar to Apple, aggressive call buyers in the morning. Note the floor alert right at the cash open, rising orange line traders buying calls, right around 1130, they take the foot off the gas. And Meta starts to reverse lower. Alright, the next thing I want to take a look at is want to go to equity hub here. And I talked about this a little bit yesterday, the expiration on Friday, January expiration is very heavily dominated for equities with calls very heavily call dominated expiration on Friday for equities in particular. So what I'm going to do this is the this is equity hub showing the composite view chart. This is for Meta. And what I want to do first is rank my watch list. This is mostly large cap tech mag seven stocks. I'm going to rank it by next X free gamma percent. And no, for some reason, this list will not stay very long. But what I'm looking at here is anything over about 30% next X free gamma percent. So this is showing for Netflix, in particular, 62 and a half percent gamma expiring on Friday. So a large large amount of gamma for Netflix is expiring on Friday. Let's focus on Meta. And note also the expiration top gamma expiration. This is all Friday, the January monthly expiration for Meta. This is right around 45% gamma expiring on Friday. Note this composite view chart is showing this area of call domination. And that is an area the green shading again, dominated by calls. And then the red shading is an area level dominated by puts. Let's see that pivot line is right around 350 currently trading Meta currently trading right around 375. So that's right around here where I'm where I'm holding my cursor. So well under this call dominated area, we know that quite a bit of that is going to expire on Friday. So when traders buy calls on a stock, market makers sell the calls, and they have to buy stock to hedge their delta exposure. And then as expiration approaches, those calls start to lose value due to charm charm is the change in Delta with a change as time passes. So those calls will start to lose value, especially the out of money calls. And market makers that have bought stock to hedge their delta exposure, they can start to sell that stock as their delta exposure is decreasing, they can sell some of their long stock that they've been using to hedge their delta exposure. So what spot gamma is looking for is some potential weakness, especially in equities. And of course, the equities make up the index after expiration Friday. So we'll keep an eye on that. But that is something that may come into play. So the thing to do tomorrow, if this is something that you want to trade something that you want to look at, I would say watch first of all the hero signal. So let's go back to hero for meta. So if traders are not actively buying calls, market makers don't have to buy stock to hedge their delta exposure. And that could lead to a drop in price. As the calls they're already already short or losing value starting to lose value due to charm. Alright, I've got about five minutes left. Does anyone have any stocks they want me to take a look at? Otherwise, I'm going to circle back to the first of all the SB 500. Now making highs of the day, let's go take a look at book map. This is interesting. Very mean reverting price action today. Back to book map. Yes. Alright, so here's the yes. Plum and playmen. Sorry, I don't know how to pronounce your name. Yes, here you go. Reversal higher, and then a sharp after launch rally, as traders started taking positive delta positions. And aggressive buyers started to come in. And now price again above the 4765 resistance level. And then as price started to move higher, by stop orders, help to feel the move higher. So this was a, let's just zoom in here, and note the note the stop run up above this level. So here's the level of previous resistance. And there were some large traders in selling with iceberg orders. Also note the liquidity at that level, resting liquidity, resting limit orders in the order book. And then there was a stop run up above that level that shown here by the rising the sharp rise in the yellow line. And this is something that that you can anticipate and and trade stop run up above into that liquidity resistance levels, and the stop shown also by the by the on chart indicator. So the sub chart indicator, the yellow line, and the on chart indicator, showing that stop run up above liquidity and resistance levels up into ES 4800 and above. Alright, CWR wants to see Amazon. So very choppy day here in Amazon. And let's see what options traders have been doing in Amazon. Alright, so really, not much of a trade in in Amazon. Let's go let's take a look at mag seven now. So they started taking positive delta positions in mag seven. Alright, so Plum and playmen ask about take a scalp here. So you know, if I were watching this, you know, I would be looking for pullbacks, anticipating the stop run up above this resistance level and positioning for that. But I'm not going to take a scalp now. I'm not, I don't trade during my session. No, there are some large traders coming in with iceberg orders, buying with iceberg orders, and some aggressive sellers coming in now with volume dots, the magenta magenta volume dot showing the aggressive sellers. But so far, ES continues to move higher. Now it looks like more stop orders fueling the move higher. Let's take a look at NASDAQ, then we'll wrap it up. Alright, so since about 130, when I started 150 point move higher in NQ, a little bit more of a V shape reversal here in NNQ, right at right at 950. Then same thing with the stop run, not quite as distinct as the ES. My stop orders, fueling that move higher up into 17,100 and 413 the previous resistance of the day. Alright, interesting day, mean reverting price action, mean reverting options trades, providing great clues today as well as the order flowing book map. Again, the key for today was to get your levels right. So in the case of NASDAQ, really the round numbers in NQ and QQQ acting as support and resistance, options traders and aggressive buyers and sellers taking action at those levels. And then for ES 4750 level on the downside, then there was a break at that level. Then aggressive buyers started to come in and traders started taking positive delta positions. And now ES trading up above that prior resistance, fueled by aggressive buyers, and also buy stop orders. And of course, option traders.  I want to thank everyone for watching. Thank you very much for your questions and comments. And I will see you tomorrow.