Hey guys, it's Nate, AKA the Foot Accountant. Welcome back to the channel. We got introduced to the next promotion we are gonna be getting in FIFA Ultimate Team today via a loading screen as you log into FIFA Ultimate Team. We're gonna talk about that promotion today, the upcoming promotion of headliners. Now there's a lot to talk about with this loading screen, the upgrade, the four, and then there's like four Ws that are cheeky kind of hiding in the design. And a lot of people have questions about what that loading screen does mean. But basically what we know now is we're getting the headliner promo. This is a promo that came out at the beginning of February last year on FIFA. And we're gonna go back and take a look at last year's promo and talk about what could be coming for this year's promo, talk about a few players we could see and even some of the market movements that we saw with this promotion that coming out as well. So again, if you weren't around last year for the FIFA 19 Ultimate Team, a headliners promo, basically what this is, it's like ones to watch basically, which is this is really interesting timing by EA putting out this promo because we would usually have winter ones to watch at the end of this kind of time period as well. Winter ones to watch is kind of the end of the transfer window, which is January, which is right now, it's January 15th. So that transfer window is kind of halfway over. But anyways, we are getting the foot 19 headliners promo. And last year was brand new, we had never gotten it before. But I believe this was a promo that they had done on FIFA mobile before. And what we saw last year was a lot of the FIFA mobile promos started to come over to foot. Like we saw headliners and carnival, those were foot mobile promos and they came over to FIFA Ultimate Team. So basically what this promo is though, is these new players come out, it's a pack based promo to start off with. There's new players in packs and they get an inform upgrade over their highest rated or other highest rated informed card. And then that card basically the headliner version, this is the team from last year, that headliner version stays one upgrade ahead of whatever special card that player might get. So like Lala last year, he had an 86 rated inform. So I think that when he got his 87 rated inform, this card went to an 88 rated or something like that. That's basically the premise with these cards. This card, this headliner card will be one rating higher than any of the other special cards that these guys have. So there's some specific rules with these cards and like who's gonna get in and stuff. But basically think of it this way, these cards are gonna be only upgrade by a performance based inform. So a team of the week, man of the match, hero, record breaker or team of the group stage item. So nothing that's like, just a team of the year would not upgrade these cards. Like team of the season, I mean, since that's coming down the road, that would not upgrade these cards. Just it has to be a performance based inform or special card that they would get to upgrade this headliners card. So I wanna look at the player selection next because last year we had some pretty insane player selection. They chose a lot of big name players and that's kind of the juice of this promo, right? They want the players that have been playing well that have gotten multiple informs throughout the year to have more chances to get more, just more hype and more new cards in the game and more packs that people can open so that EA can make money. That's kind of the premise of this promo. But it's cool, right? It is kind of cool that we have cards that are gonna be an upgrade above what that certain card may be. And these cards were really fun to trade with. They were also, they lost a lot of people at coins last year at the beginning of the season. But again, if you read some of these dialogues here on why these cards got chosen, you can kind of start to formulate a plan and think about what kind of players could be in as a part of this promo. So let's look at Pogba first. This is Pogba's reasoning and this is one of the ones that just kind of tells me that EA just wanted to throw this guy in there to sell packs kind of thing. Paul Pogba's reasoning for getting into FIFA 19 headliners is he's been on a tear since the managerial change, scoring six and assisting four. That's all that Pogba has. Look at Man United's other player in this promo, Marcus Rashford, lauded by the new United boss for playing the best football in his career. Rashford's goal return has improved dramatically under the twirlage of the baby face assassin. And then you have a lot of other guys in here. Like look at the defenders. This is the thing I find most amazing out of this. The defenders in here, the versatile defender Lucas Hernandez continues to go strength to strength throughout 2020, integral part of the Athletico defensive unit who lead LaLiga for clean sheets. So a lot of this stuff, again, is just based on real life performance. How many informs the card already has.   I think Sane had a couple of informs as well. And Werner always has a lot of informs. Actually, I think Summer did too. So basically it's the players that have gotten informs already in this game are gonna get upgraded again with these headliner cards. And they're gonna choose guys from big clubs from popular nationalities, popular leagues and stuff like that. As you can tell, a lot of these teams that are in here were probably in the top side of the table like top four or five in their respective leagues. So if you want a good idea of what kind of cards are gonna get in, you know, maybe somebody from Muchengladbach gets in again. I would be very shocked if somebody from Leipzig would not get in since they're ahead of the Bundesliga table right now. I would also expect somebody from Leicester and Chelsea to get in because they're in the top four at the moment. Maybe Athletico again, maybe Sevilla again. But yeah, I would expect a lot of these top table teams, you know, EA makes money when they put players from the top teams in packs because people want to use those players from their favorite teams in ultimate team. So expect big names, expect decently sized upgrades as well. And last year, here's some more information that I want to talk about this. Watch out for three headliner SBCs and objectives throughout the course of the event. We'll look at those and what those were last year in a second as well. Some other frequently asked questions and this kind of help us decide and look at what players could get into this promo. These questions right here.  In addition to qualify to be a foot 19 headliner, the player must have at least one performance-based end form and must not have an existing dynamic item. So a team of the year, a base item, 90 rated or above or an existing dynamic item, which this means right here, like a road to the final or a ones to watch. So anybody who is in road to the final, ones to watch, team of the year or has a base card rating of 90 or above, cannot get in as a headliner card in this promo. And I think that makes it really, really interesting because of some of the upgrades and some of the boost that they're gonna have and some of the people that could get in to this promo. Are the foot 19 headliners dynamic items? They yes, they are dynamic items. They get upgraded if a player earns a qualified end form throughout the rest of the season. And the upgrade, again, as I said, will stay one rating ahead or one end form rating ahead of this highest rated end form. And yeah, the dynamic images will stay the same according to this. And the positions won't change as well. So it's basically what this promo is. Again, it's like a second go around of ones to watch with like, instead of transferred players, it's like beast players that have been playing insanely well this year, IRL. So again, this incorporates in real life and FIFA, which is cool. And last year, they had some very great player selection during this promo. So I also wanna go and take a look at the SBCs that we got during this promo last year because it was very important. And then we'll go on to talking more about the market stuff to finish off the video. But last year, we had the foot 19 headliners challenge. We were basically getting a pack every day that people could go and do an SBC for. Basically what we now call pack supply SBCs. We were getting one of those each day. We got a flashback Bainz. We got an icon, Stoichkopf. That was actually he expired in this time. He didn't come out. But the SBCs that we got last year for players, I think one of them was an objective and I forget who the objective was. But we did get two SBC players. We got Marco Arnadovich, who ended up not getting any more in-forms throughout the year. And we also got Danny Carv Hall as a headliner SBC. So I think we got two SBCs and one objective and I forget who the objective was. But we also got a player pick upgrade SBCs. I remember trying to pack one of these last year could not get one for the life of me. But we did get, it was a usual EA promo, right? Some SBCs, some objectives and stuff like that. And there were a lot of market movements that happened with these cards last year as well. So again, Lewandowski, Timo Werner, Adama Shreyore. These are all cards that I think have the possibility to get in to a possible headliners promo this year. I think it's very, very possible that some of these guys get in because I'm just interested to see just what kind of cards EA puts in. Now I think these are very good options. These are very solid options. And if you want to look into more of what kind of cards could get in. Again, basically all you have to do is go over here to the team of the week page on Footbin, scroll through the team of the weeks and look at what cards have gotten multiple in-forms or multiple special cards this year. Don't have a once-to-watch or a road to the final and basically have had a good year and don't have a team of the year as well. That's basically all you have to kind of look for with these cards. Like Rajinai Golan, he's got two in-forms. Could he possibly get in? Yeah, he possibly could get in. Quincy Promez possibly could get in. Nevermind, he has a once-to-watch, disregard that. You know, there's plenty of guys in here that could very easily get one of these cards. And get into headliners. It's honestly cool that we have such a wide range of players that can get in here. But again, I feel like there has to be one Liverpool player that gets in, right? Because Liverpool players are some part of every single promo that we have. There's always Liverpool players. We just came out a team in the season with a bunch of Liverpool players. And Salah cannot get in because his base card is a 90 rated, right? Pretty sure Salah's base card rating is 90 rated if I'm correct. Let me check on Footbin to make sure it is. Salah's base card is 90 rated so he cannot get in. Mane can't get in. None of the defense basically can get in except for Joe Gomez or Matip. And none of the, not really any of the other guys except for Fabinho and Genie Wijnaldum have in forms. So it's either Fabinho, it's either Genie Wijnaldum or it's Roberto Firmino. And I think that they might just go ahead and give Roberto Firmino one of these cards. It would be interesting if it was not him because I would think it'd be Wijnaldum or Fabinho. But I think Fabinho or Firmino could get himself a headliners card. You know, it's talking about again, Hyunmin Sun had one last year. Could he get one again this year? I already pointed out Timo Werner could possibly get one. But I think Hyunmin Sun has the possibility of getting himself one as well. Of course his base card rating is 87. But he has a few in forms. No, he has a row to the final man. Gosh dang it, Sun will not be getting one of these. But Timo Werner still could because he doesn't have any live items. This is, see, it's kind of fun figuring out who these cards could be. And who some of these players could be that get into this promotion. Honestly, it really is kind of interesting to see what stuff could be happening with this promo. But again, look through some of the old team of the weeks. Look through some of these cards. Theo Hernandez coming to mind. That's somebody that I think people are eyeing as a possible player to get into this promo. He's got two in forms already from left back. I mean, Lon, which, you know, two in forms for a left back is a decent amount. We've already got a lot of French left backs in this game with like a foot miss, resilient. We've had Furlan, Mendy, SBC for foot miss. And we've had plenty of other left backs that are French with like Dignay and guys like that. But getting another guy like Theo Hernandez, if we got a live item for him, I mean, he's about to crest 80 defending. He'll be probably 95 pace if he gets another informed boost. So this card moving up in the ranks, go to an 86, that'd be a pretty nice boost on a Theo Hernandez card. So look out for Theo Hernandez to get one. That could be something that's very interesting as well. But I wanna go back and again, look at these players from foot 19 because these cards last year were very, very intriguing when the promotion first came out. A lot of people bought these cards right away because these cards, you know, we talk about it a lot. What really happens on the market and what you really notice first day is the pack weight on these cards. Last year, the pack weight on these cards was crazy. They were getting packed and packed and packed. They had a really, really high pack percentage. They were coming out of the market like crazy. And it was a new promo. We didn't really know what was going on except we knew these were live items that the prices were way too cheap.  Again, first of all, these cards were super duper packable. They were getting packed left, right and center. I mean, this Lala was on the market and he was, I forget the prices exactly but you see first day, 460,000 coins and look how much he dropped during the week when he was in packs. Dropped all the way down to 316, finally came back up. So the pack weight was one problem but the second problem was, and you guys will definitely remember this if you were somebody who played the game last year, you would go to search for one of these headliner cards, right? Let's use Royce as our example. Let's use Royce as our example. We would search special Royce, right? We'll find his UCL, we'll find his inform and whatever other special cards that Royce has which would be his team leader nominee is the only other one that he's got, right? Last year, when you would go to search one of these headliner cards for the first couple of days, I forget how many days this went on or how long it went on. The headliner cards were not available to be searched under the special quality in foot. You could only find them under gold and this was crazy because nobody could find them on the market, especially think about casuals trying to search the market for these cards. They could not find them. There was just way, way harder to find these cards and that caused their prices to drop. They were getting packed a bunch and nobody could figure out how to freaking buy them because they were not available to be bought under the special filter. So that caused their prices to drop because nobody knew what was going on. Nobody wanted to buy these cards because they couldn't find them and it was a new promo and there's a lot of panic and packs being opened at the same time. So that was one thing that we learned last year. Always make sure that you can search the card on the market correctly before going out and trying to buy that card as an investment or for a flip or something like that too. So we learned that last year, big time. That was a huge thing that we needed to focus on and make sure it happens. So hopefully this year, they can get that right for sure and make these headliner cards searchable through correctly through the special card item on this game. Now is that last year that the happening for these cards being packed so much and these cards not being able to be found on the market is that gonna hurt them this year? It could a little bit and might cause some people to be a little bit more afraid of buying them right away but to the massive player base, to the casuals that's not really gonna matter that much. Again, there's a few position changes in here too which I thought was interesting. Not a bunch, but just a few position changes. So watch out for that when they do this as well but these cards should be cards that a lot of people wanna have and try out in their squads. This last promo that we just went through, Team of the Year. I talked about it yesterday in my video, the Rate the Promo Series, episode one. This promo, Team of the Year, it's just not a promo that is friendly for the lower budget, the lower tier player, more of the casual player, like less than 500,000 coins player. That promo is not for you but this type of promo definitely is for somebody with that kind of coin range because there's gonna be players down there, there's gonna be objectives, SBCs, daily supply, pack supplies, packs, SBCs coming out. So I think this promo will be a lot more accepted by the community as a whole because it should be able to cater more towards the entire audience of foot and not just kind of the upper tier like Team of the Year does. But again, I wanna look at this loading screen for a second and talk about headliners. Again, we have another three dimensional car design with kind of the splash of the card coming off the actual car design. And that's the new thing that EA is doing now with these car designs is that they're adding that 3D element to them. It's not just a 2D card now on the game. Like the Team of the Year we saw had the little gold like crest and an emblem around the bottom. We have some more of that with this headliners card and a lot of people are wondering about this up arrow and about this four. What does this four mean? Because I feel like if there wasn't going to be, if they were just gonna show these cards are gonna get boosted, why would they do a four? Maybe they're changing up headliners this year. Maybe they're giving them like a plus four in every stat boost or something like that. I don't, that's just me thinking. Also the interesting thing is there's four random Ws. You can kind of see them around here. There's one, there's two, there's three. And I don't know where the fourth one is but there's four Ws on this loading screen which are very kind of peculiarly placed. We don't really know what those mean. And then I have a hunch, man. I kind of have a hunch that this might, this might be ratings refresh. I know it might be a little bit too early for ratings refresh and when we've gotten that in the past but maybe this has something to do with ratings refresh. I could be reading into that too much. Maybe it's just the whole point that these headliner cards are going to be getting nice boost. But yeah, hopefully, and I think this is gonna happen. I think we're gonna get more loading screens. That's the new thing that EA has been doing. More loading screens every single day we get closer towards a promo where we get closer towards something coming out in the game. They did it with Team of the Year. I think they're gonna do it now with headliners as well. So watch out for another loading screen today on Wednesday. Watch out for another loading screen in terms of stuff you could see with these cards and maybe something else that we can learn. There could be some promo panic if we see a card on the loading screen. Like let's say Royce is gonna get in, just an example. Not sure if he's gonna get in or not. Let's say Royce is supposedly gonna get in. He was in last year. But we'll just use this as our example. You might wanna watch the panic selling on some of these informs, right? Because last year, especially for the SBC cards that come out in FIFA. Again, it's just a great time to reinforce things that happened on this game. Like panic selling, informs, and the differences between a new special card coming out and an old special card having a price that just gets too low and that gap between the new card and the old card just getting to be too much so that the old card rises up after the panic sell. That happened last year with Danny Carvajal's card when his SBC came out, right? So Danny Carvajal had an inform last year that was going for around 100,000 coins. It was an 86 or 87 rated informed Carvajal. And then Carvajal got the SBC, right? So we got the SBC. I think the SBC costed you like 120,000 coins. So a bunch of people that had this inform probably sold it and went out and did the SBC because it was not that much more expensive than his actual card was. This card dropped all the way down to like 60,000 coins and then he rebounded back to 80 the week after the SBC went away. That's the type of stuff that I think you're gonna see during this promo because again, that budget, well, a few things. Carvajal is one of the writebacks in La Liga. There's not a ton of writebacks that people use in La Liga, especially special cards. And we're at that point in the game where a lot of people like to use special cards. They have the coins for it in this game and stuff like that. So that is partially why you saw the rebound on his card. But again, just the fact that he was a special card, he was out of packs. The SBC came, it dropped his card price down and then his inform was technically the highest rated card on the market because that was an SBC headliner card that was no longer attainable when it went away. And then the inform skyrocketed back up because it had a lot of demand, Real Madrid, Spanish, La Liga. Again, so watch for panic selling during a promo like this because it should be a very prevalent thing that's gonna happen. A lot of people have coins in this game right now. You're looking at my transfer targets and I've got a lot of icons because these guys are fluctuating and moving on the daily. I'm trying to trade a few of these this week before we head into another promo so I can get myself ready, get some more coins. And it's very obvious to see that people have those coins because these cards are fluctuating. Like, look at this, man. Somebody paid 143 for a Socrates today. This might've been fresh. And then an hour later, he went on bid for 133. It just shows you that people, when they have wanna buy a card, they would just go out and buy it. And that's also why icons are awesome. I could've got that Socrates at like maybe 133. The cheapest one he's got up on the market right now is 147. I could've made some decent profit if I know that he sells at 143. Could've made some decent profit on that card right there. Not a ton, just a decent amount. Maybe like 30,000 coins-ish or something like that. So again, with these Future Star promo coming out, there's coins in this game. People are gonna try out these cards and I think there's gonna be panic selling on this market on cards as well. So again, watch out for another loading screen today, okay? Watch out for another loading screen today. More information on this promo from EA. Again, this is when they put a loading screen out this early, they're trying to tell you something, man. They're trying to tell you something. They're trying to hype it up. They're trying to build the hype for another promo like this one. Headliners coming this week, boys. I'm pretty excited. Hopefully you are as well. If you enjoyed this video, smash the thumbs up on it. Comment down below if you have any questions and subscribe to the channel. If you are new, it's been Nate, the Foot Accountant. Catch you guys later. Peace, out.


The first item of business is members' business debate on motion 5900 in the name of Mark Ruskell on national clean air day 2017. This debate will be concluded without any questions being put. May I ask members who wish to speak in the debate to press the request-to-speak buttons now? I call on Mark Ruskell to open the debate around seven minutes, please, Mr Ruskell. Thank you, Presiding Officer. Can I start by thanking members who have signed my motion? I'm looking forward to listening to all the contributions from those members and including from the Cabinet Secretary for Public Health. I also hope that the other Cabinet Secretaries and Ministers with a remit in this area will also take note of this debate, particularly areas of transport and the environment. In the developed world, we manage our water resources to a high standard to ensure good health, but air is the only environmental common that we depend on every second that we are alive. It's around us constantly and inextricably linked to our health and our wellbeing. However, there's much progress to make in improving air quality in Scotland, and the British Lung Foundation cites the evidence that air pollution contributes to the death of around 2,000 people a year. I also note the timely research by Professor David Newby and the British Heart Foundation showing the impacts of air pollution on those living with cardiovascular disease. Professor Newby's research analysed the impact of air pollution on more than four million people living with heart failure across 12 European countries, and his team found that hospitalisation risk dramatically increased when air pollution was high. When air quality worsens, it can have an instant and visible effect. A couple of weeks ago, I attended a meeting in Cincardin with hundreds of local residents angry about dust clouds blowing off the redundant ash pans at Longannet, forcing many people to take refuge indoors. Remediation has now been put in place, but questions remain over the actions of agencies, and that will be subject to a forthcoming petition to this Parliament. Much of the pollution that we now encounter is not of the visible type that caused the peace supers of last century or indeed the ash clouds of West Fife. Two thirds of air pollution today come from vehicles in the form of nitrous oxide, or NOx, and particulates. It is clear that where the primary focus for action needs to be is in tackling the air pollution from transport. Tomorrow is National Clean Air Day, and I would like to congratulate Global Action Plan on its campaign, alongside Friends of the Earth and the British Heart and Lung Foundation, for all doing incredibly valuable work in helping us to understand the impacts of air pollution and the changes that are needed to protect our health and our environment. The National Clean Air Day theme of Reduce, Talk, Avoid makes it clear that air pollution is everyone's business and that we are not powerless to act. We can be mindful of our own impact and reduce pollution by, for example, switching off the car engine when stationary and using our feet for short journeys. We can talk about air pollution to head teachers, managers, councillors and parents to get action at pollution hotspots, whether that is about engine idling or car sharing. While on those days when seepers pollution monitoring shows poor air quality, we can take action to avoid areas by walking on side streets, getting out of cars where pollution levels are further concentrated inside. These soft measures are important. I note that the Cabinet Secretary for the Environment visited a school this morning to highlight awareness, but alongside that we need intervention from Government to bring about the step change in our transport and planning systems, which can cut the pollution that is driving climate change as well as ill health. Yesterday, we saw that, while Scottish climate emissions continue to fall from energy generation, transport has now overtaken it as the biggest carbon dioxide emitting sector. However, this exhaust pipe problem is also reflected in the high levels of nitrous oxide and particulates that line our lungs and enter our bloodstream. There are currently 38 air quality management areas designated across 14 local authority areas in Scotland, triggered mostly by dangerously high levels of NOx or particulates, 23 of which remain in breach of the legal limits. Athol Street in Perth, in my region, is one of the worst streets in Scotland for particulates. The air quality objective that was set out in 2002 for Athol Street should have been met in 2010, but it has been a persistent failure by Perth and Kinross Council to address that. In fact, planning decisions, including the one that was taken recently to build out a vast area of new housing in Skun, continue to be made against the air quality concerns of the director of public health locally. Air quality is simply being ignored in the planning system. The failure to meet the legal EU air quality limits has been the subject of a protracted legal challenge against the UK Government by the organisation Client Earth. We heard recently in our Environment Committee that the Scottish Government strategy has also been captured by the most recent ruling in the High Court as it appears as a chapter of the UK plan. Given that this ruling was back in December last year, it is disappointing that the Scottish Government did not take the opportunity then to consult on a revised Scottish plan. While there is much in the Clean Air for Scotland strategy that I welcome, there are questions over the level of ambition that is needed to resolve this public health crisis. The introduction of a solitary low-emission zone next year could result in the exclusion of polluting vehicles from one polluted area of one city, but while the political will is now there in Edinburgh and Glasgow to implement this, there are major questions about the preparedness of either council to put in place the infrastructure that is required by next year. I know that a number of members will want to reflect on that in their contributions. A bolder commitment to a greater number of low-emission zones is needed, but alongside that, other measures can be brought in. Members will be aware of the live consultation on my proposed bill to change the default speed limit in built-up areas from 30 to 20 miles an hour. The days by Imperial College London show how this can make a positive impact on reducing pollution from diesel engines, but the real prize would be making a change to the road environment that could be the foundation for an increase in walking and cycling by making our streets safer. Alongside this, prioritisation of walking and cycling infrastructure in the budget would provide facilities that deliver a tipping point in our attitude to active travel and allow us to finally emulate the Copenhagens and the Amsterdams of the world. I look forward to hearing other members' contributions on how we solve the public health crisis and also to invite the cabinet secretary to allow views to feed into a refreshed air pollution strategy for Scotland. I have contributions of up to four minutes. I thank you, Deputy Presiding Officer. I would like to begin by congratulating Mark Ruskell on securing his debate on national clean air day. As he rightly states in his motion, it is a significant initiative to help to raise awareness of the impact of poor air quality on people. It is an issue that has an effect on many of our constituents, and it is absolutely right that we recognise this in Parliament. Many will be forgiven for thinking that Scotland does not have a major issue when it comes to air quality. We are known for our stunning countryside, not our polluted cities. However, it is thought that air pollution contributes to more than 2,500 early deaths in Scotland each year. The situation appears to be getting worse. The number of sites where air pollution levels are regularly broken rose from 33 in 2016 to 38 in 2017. The Scottish Government set out that, by December 2010, air quality was meant to be at 18 microgramms per cubic metre or less at sites, and it has missed that target. We must do more to ensure that the air that we breathe is not killing us is as simple as that, and it is incumbent on us as elected representatives to ensure that everything that can be done is done to ensure that Scotland's air is cleaner. That means working together, not dividing over party politics, and we and those benches are committed to doing exactly that. I understand that Edinburgh is to bid to have Scotland's first low-emission zone to tackle air pollution, and councillors have agreed to approach the Scottish Government, which has said that it will fund one pilot by 2018. While I am open to the idea of low-emission zones, a full assessment must also be made of the economic impact of such a policy. While in large cities such as Edinburgh, Glasgow, such a scheme might have little impact on the economy, that might not be the case if the schemes were rolled out and implemented in Dumfries or Stranraer. With consumers often driven by the cost of parking or perhaps congestion charges, what we might see is just consumers, particularly from the south of Scotland, choosing Edinburgh over Glasgow if charges were a factor. However, there is still much more that can be done to reduce air pollution in Scotland. The Scottish Conservatives would introduce more pollution monitor sites across the country that would make air quality monitors available to all Scottish primary schools so that we could have a more precise idea of where air quality is below the recommended standard, allowing us to better target response. We also believe that there is much more that can be done to increase the use of electric cars, and there are so many ways that that can be achieved. We can introduce free town centre parking and allow the use of bus and taxi lanes, establish a fund to expand electric vehicle charging points in small towns, rural areas and train stations, and require all public bodies to conduct a cost-benefit analysis of replacing existing vehicle fleets with electric vehicles. We should also mandate consideration of electric vehicles in all future procurement plans. We should establish vehicle sharing schemes in major cities similar to that, whereby users can pick up and drop off cars at charging stations, and only last night there was a programme on the television showing how successful that has been in Paris. Those are just some of the measures that could be implemented relatively quickly, with a potentially huge impact on the health of the people of Scotland. Deputy Presiding Officer, we in those benches want to see positive steps to improving Scotland's air quality, and we are committed to work across parties to achieve those ends. May I have Emma Harper to be followed by David Stewart. Thank you, Presiding Officer. I am pleased to speak in this afternoon's debate, and I congratulate Mark Ruskell for securing it. Tomorrow, during the 15th, is national clean air day, and tackling poor air quality is important for me as convener of the cross-party group on lung health, and as a member of the Environment, Committee's subgroup on air quality, Mark Ruskell and I work together on both groups, the lung cross-party group and the environment group. I have found Mark Ruskell to be quite knowledgeable and passionate about the subject. Poor air quality exacerbates existing lung conditions and disproportionately affects children whose lungs are more sensitive to harmful toxins in the air. Children breathe at a faster rate than adults, therefore a pollutant inhalation rate is increased. Research suggests that children growing up in areas of severe air pollution are up to five times more likely to have poor lung development and are more prone to respiratory infections. The health impacts of air pollution worldwide was estimated in a 2012 research study to cause 3.7 million premature deaths. Air pollution has been linked to ischemic heart disease, stroke and lung cancer. While we have made great strides towards tackling air pollution in Scotland over recent years, it must be acknowledged that there are still areas of poor air quality, in some of Scotland's towns and cities. Air quality standards are identical across the UK, and achievement is a mandatory requirement for member states within the EU. In contrast to the EU requirements, Scotland has set stricter levels for PM 10 and PM 2.5. Those are particulate matter measurements of 10.5 microns in size. In April 2016, the Scottish Government became the first country in Europe to adopt the World Health Organization's recommended guideline value for PM 2.5. In 2015, the Scottish Government published its strategy for tackling air pollution—cleaner air for Scotland. CAFTS is a national cross-government strategy that sets out the Scottish Government and its partner organisations that propose to reduce air pollution and meet Scotland's legal responsibilities as soon as possible. A number of key actions are proposed, including a national modelling framework, a national low-emission framework and proposals for a national air quality awareness campaign, as I mentioned above, and adoption of the World Health Organization guideline values for particulate matter in Scottish legislation. The British Lung Foundation has called for a number of measures to address poor air quality. For example, carefully designed clean air zones that use cleaner public transport, active travel—for me, today, I walked into Parliament, which was actually quite nice this morning. Emissions testing for all vehicles is also indicated by the British Lung Foundation and measuring and reporting on air pollution near schools that have been mentioned to protect children's lungs. Recent figures from the BLF charity revealed that three quarters of Scottish councils do not have air quality monitors outside their local schools. Only 10 schools in the whole of Scotland have some form of air pollution monitor within 10 metres of the school. A new clean air act at Westminster could make it a requirement to monitor air quality outside schools, specifically targeting areas that have been identified as poor air quality. That would be welcome. Local authorities have an important role to play in achieving this and could choose to monitor air quality now also. As part of my work as a convener of the Lung Health Cross Party group, I have met researchers at the University of West of Scotland about some research that they are conducting, which will be very valuable in the south of Scotland. UWS researchers propose a three-tiered strategy consisting of a preventative message, a research journey linking with PhD projects and engagement with schools to encourage air quality monitoring. As the Scottish Government strategy correctly points out, successfully addressing poor air quality requires a partnership approach involving the government, local authorities, business and industry, NGOs and the public. The work being done by UWS will be valuable in the south of Scotland. I look forward to continuing to work to improve air quality by using the cross-party group as a vehicle to encourage research and collaborative working across sectors, as well as empowering those suffering from poor lung health to be heard. I would also welcome any MSPs who are interested in pursuing better air quality to join us in the cross-party group. I have David Stewart, followed by Patrick Harvie. Thank you, Presiding Officer, and I also thank Mark Ruskell for skewding the debate today and compliment him on an excellent speech. As we have heard, air pollution is a public health crisis in Scotland, and statistics suggest that more than 10 times as many people are dying from air pollution than in road crashes every year. Poor air quality is linked to heart and lung conditions, dementia, cancer and many more health problems. Is it not ironic that in a sophisticated, developed country like Scotland, part of the world's fifth largest economy, that our young, our old, our ill and our poor are dying from diesel pollutants that would bring a blush to the face of the most hard-nosed Victorian factory owner? It is also a huge environmental issue that affects climate change and biodiversity. With many species of flora and fauna also being subjected to the same pollutants our communities are breathing in. The need for clean air must be addressed now. In my view, there are three main ways that we can work towards the goal of lowering the emissions that cause pollution. First of all, demand management, creating a modal shift of behaviour away from using high-polluting vehicles. Secondly, controlling what options are available, having a step change in the provision of electric cars and charging points. Finally, improving the natural environment, including increasing green areas of cities. In order to change the demand for polluting vehicles, there needs to be a significant modal change in behaviour of transport users, but that will not happen without effort and investment from Government. Schemes such as low-emission zones, why limit our ambition to one city with Glasgow, Edinburgh and Dian Aberdeen, all in need, better cycling and walking infrastructure, higher targets for electric vehicles, improving public transport and why not ban polluting diesel buses from our cities and towns and bring in bus regulation to have councils more power over this. I am looking at setting up consolidation centres and ensuring that polluting HDVs avoid built-up areas, such as the ones that I visited in the last session in Holland. They would all have a significant impact on reduction of emissions within our cities. However, as the chief executive of Glasgow City Council, Anne-Marie O'Donnell, said to me in a letter in April, I quote, The introduction of LEZ can be costly, with the established London LEZ being estimated to have cost approximately £100 million. A more recent cost analysis undertaken by DEFRA from the recently announced clean air zones in England, which are effectively LEZs, estimate that for the five cities involved, Nottingham, Leeds, Birmingham, Southampton and Derby, the total local authority costs for implementation and running the schemes would be £101 million over 10 years. However, let's look at best practice. The London mayor, Sadiq, can use the 60th anniversary of the Clean Air Act to introduce a suite of new clean air policies, such as out-of-the-load mission zones, such as clean bus corridors, putting the cleanest buses on to the dirtiest routes in a bid to tackle air pollution hotspots, such as diesel scrappage schemes. We know that 60 years ago pollution in Scottish towns and cities caused by coal fires were visible and obvious to all, but today, of course, nitrogen dioxide gas and the tiny particulates that lodge in our lungs are completely invisible. We are stunting the lungs of generations yet unborn. How can it be in all these years after industrial revolution and the smog of the 1950s that we still allow our population to be breathing in air that has breached so many EU health directives air that is literally cutting short their lives? We need to be brave, we need to be ambitious and bold. In Scotland, our children deserve a war and air pollution in cities and towns. We are our best when we are boldest. I thank my colleague Mark Ruskell for bringing this debate to the chamber. I am not sure if I should begin by declaring an interest as a resident of—a dubious privilege of being a resident of one of Glasgow's air quality management areas—the Dumbarton road, Bios road corridor.  I walk the streets, I cycle the streets, I live on that street and I know that if I open my window I am not able to have confidence that the air that is coming into my flat is safe to breathe. It is a pretty profound sense of environmental insecurity that we are leaving people to live with in Scotland today in many, many—in far too many places in Scotland—that basic necessity of life. As Mark Ruskell said, minute by minute air is something that we absolutely depend on for our survival. The idea that that is not fit to breathe is simply a failing of our society. I am also pleased to speak in this debate because it was the subject of my first member's debate way back in session 2 of the Scottish Parliament when I was a little bit fresher-faced and a little bit brighter-eyed and a little bit less cynical perhaps than I've become today. We were already, at that point, already failing year after year after year after year. We had air quality management areas and air quality action plans and the Government had a strategy and you cannot breathe strategies or action plans or management areas. We had all these documents in place and we were still making the problem worse, not better. I observed during that debate that it was around that time—a few months later after that debate—that we were anticipating a significant improvement in air that people could breathe in Scotland. In pubs, we were going to ban smoking in enclosed places, we were going to ban smoking in pubs and people could sit in a pub perhaps on Hope Street in Glasgow and enjoy a pint, breathe in clean air and then walk out into the most severe air quality crisis in Scotland. That was Hope Street at the time and it's far more prevalent now. I obviously want to make a bid that Glasgow should be seriously considered as the first low-emission zone. My colleague Alison Johnson has insisted that I say that Edinburgh also must be considered, but those who have said why should there only be one are absolutely right. That mechanism should be in place everywhere it is needed, not simply in one place. As for those who are concerned about the cost of implementing and absolutely it does need to be resourced if it is going to be effective, can we just consider the cost of those 14 years and more of inaction since that debate was had when strategies were written and management areas were declared and air quality continued to worsen and the number of places with poor air quality continued to increase. The list grows longer. The cost of that inaction is surely greater than the cost of taking action to reverse that problem. I want to pay tribute as well to Mark Ruskell for working on the issue of speed limits in our cities. The idea of a 20-mile-an-hour default is not just good for our air quality, good for our safety, good for the happiness and joy with which people can experience the built environment, the places where they live should be safe, not just that direct desire to reduce harm from poor air quality and road traffic accidents, but it should be safe in order to ensure that people can enjoy the place that they live. One final comment, as we know, a great many of those regulations have been decided at European Union level. If we are faced with a reality that we are going to be taken out of Europe against the will of the people who live in Scotland, it is absolutely essential that we redouble our efforts to ensure that there is no diminution in the standards of air quality that we impose and then no reluctance on the part of government to do everything necessary finally to meet them. The last contribution in the open debate is Maurice Corry. Thank you, Deputy Presiding Officer. I would like to thank Mark Ruskell for bringing forward this debate today to mark the national clean air day and helping to bring it to the attention of this chamber and also to the wider public in Scotland. Poor air quality is an issue that has, for some time, gone unheralded, with most assuming Scottish air to be fresh and pollutant-free, with the implementation of a national clean air day and pioneering research such as the work done by Professor Newby regarding the link between poor air quality and cardiovascular disease, the issue has rightly come to the fore. By highlighting the high number of people who live with CVD and have to contend with the health issues resulting from poor air quality, it is clear that measures to improve Scottish air quality must be undertaken as a public health priority. Although most would like to think that poor air quality is in major cities, it is also a fact that needs to be considered in smaller communities too, and there are a number of initiatives and schemes that have proved successful within my region of west Scotland. The implementation of the air quality management area in the town of Bishop Briggs in eastern Bartonshire in my region, for example, combined with the expansion of public transport options and a new road infrastructure, has led to a dramatic fall in the levels of nitrogen dioxide within the town and the surrounding areas, so much so that it is now fully within acceptable limits. Although air quality management areas have been in existence since the formation of the Scottish Parliament, it is logical that we should be aiming to tackle air quality issues before they reach the levels that are harmful to human health. As my colleague has said already, the Conservatives would do this by increasing the use of air monitoring sites and also making air monitors available to all our Scotland's primary schools. Actions to improve public transport would help to solve the problem, and Professor Newby details in his report the link between nanoparticles found in exhaust fumes from cars and the increased risk of blood clots resulting in heart attacks and strokes when inhaling such particles. It is therefore vital that alternative transports be promoted and efforts made to relieve congestion in order to lower the risk of such particles being inhaled by those who are at risk. In order to realise the same, the Conservatives would also introduce policy designed to either encourage motorists to switch to electric cars or use alternative means of transport. We would incentivise electric car ownership by introducing a raft of measures such as the free-time centre car parking and permitted use of taxi and bus lanes along with establishing a fund to expand electric vehicle charging points in rural locations. The cycle paths are also prioritised, with additional £5 million being invested to improve existing paths and create at least one new segregated route per city. With the national clean air day being introduced, my hope is that improving air quality will become a greater public health priority in Scotland and, as such, lead to more funding being allocated to tackle this underrepresented problem. It is also clear from the British Heart Foundation report that public awareness of the dangers of poor health quality remain relatively low, and with a UGov poll conducted alongside the report, showing only half of those polls thought that air pollution was harmful to the heart. As such, efforts should be made to increase public awareness to the dangers of poor health, to poor air quality alongside increased efforts to counter dangerous pollution levels. In conclusion, I thank Mark Ruskell again for securing the debate and look forward to hearing from the Scottish Government what steps it will take to ensure improved air quality for those living with CVD and the wider public are unimplemented. I now call Eileen Campbell to respond to this debate around seven minutes, please, minister. Thank you, Presiding Officer. Like others today, I also welcome this member's debate and the opportunity that it gives Parliament to not only highlight national clean air day and the work that has been done in partnership across Scotland to address the problems that we have in this area, but also to recognise the importance of tackling the issue of poor air quality. Like others, I also congratulate Mark Ruskell for securing this debate and for his timing because, as he mentioned, the national clean air day is tomorrow, 15 June. I encourage everyone in the chamber and throughout Scotland to consider what simple measures that people can take, not just tomorrow but every day, to help to reduce air pollution in Scotland and its impact on all of our health. Like Mark Ruskell, I also put on record my thanks to all the organisations, the British Heart and Lung Foundation, Global Action Plan and others, whose efforts continue to raise awareness of air quality and its impact on public health. While I am pleased to respond today, that could equally be one of my other colleagues, Humza Yousaf or Roseanna Cunningham. That fact symbolises why it is important to tackle the issue across different portfolios. It is an issue that is cross-cutting and requires focus across traditional boundaries. My portfolio, developing a theme that I think was started by Mark Ruskell's Public Health, impacts and cuts through many areas. It cuts through education, transport and planning and a whole host of other areas. Mark Ruskell raised today themes to make us reflect and deeply consider the places in which we stay and inhabit and how they are developed. That is actively part of my consideration as the Minister for Public Health. I do not want my role or work in public health improvement to only be solely focused on hospitals and health professionals. It needs to reach far beyond that. We need to have good housing, good employment, good spaces and places that we live in if we are to transform public health. That includes opportunities for people to become active in their daily lives. As we develop the obesity strategy and as we work with partners on shared public health priorities, I will be sure to engage with members who have contributed in today's debate. I equally think that those bits of work that I am taking forward in my portfolio will be equal importance to many of the members who have spoken today and who have touched upon areas that are incredibly cross-cutting. We should take pride in the fact that Scotland's air quality is among the best in Europe. However, we must also recognise that the pockets of poor air quality remain, and action is needed to tackle those problem areas. The threshold values that we have adopted in Scotland to protect public health are among the toughest of any nation in the EU and reflect the importance that we place on the subject. The science is often complex and confounding factors such as obesity, poor diet, smoking or social deprivation make it difficult to draw direct links between air pollution, ill health and death. That said, we know enough to know that air pollution has a negative impact on all of our health. In Scotland, poor air quality shortens average life expectancy by three to four months, compared with 67 across the UK. The impact is especially large for those with pre-existing heart and lung conditions. Emma Harper and David Stewart are rightly acknowledged the impact of poor air quality on our very youngest, with the quicker breathing and developing lungs of our children making them far more vulnerable to the ill effects of poor air. That is not fair and that is not right. That is why the Scottish Government has committed through the Cleaner Air for Scotland strategy to protect and enhance health, wellbeing, environment, placemaking and sustainable growth through improved air quality across the country. Mark Ruskell, my apology. I thank the minister for giving way. Specifically on Cleaner Air for Scotland strategy, the High Court ruling in December last year in England was that the whole UK strategy was inappropriate and therefore needed to go back out to consultation. Cass is part of that. Will it be refreshed? Will it go out to consultation in Scotland? Aileen Campbell Actively considering and taking the opportunity about what further updates to the Scottish plans are required in light of the second judicial review, which referred to only the UK Government, but I would also reiterate to Mark Ruskell that our strategy delivers against EU air quality objectives and, at the time, was fully consulted upon. Of course, that does not say that we would not mean to always engage and seek to engage where we can make improvements. It is also important to remember that, despite the narrative from Patrick Harvie, fresh-faced or not, we have made substantial progress on air quality in recent years. Pollution emissions have reduced significantly since the 90s. For example, particulates have reduced by 46 per cent. That has been achieved through tighter regulation in industry, improved fuel quality, cleaner vehicles and increased focus on sustainable transport. However, we agree with Mark Ruskell, Patrick Harvie, Dave Stewart, Emma Harper and others that, despite those achievements, more could and should be done. Further action is needed. The Cleaner Air for Action Scotland, the road to a healthier future, was published in November 2015. That is Scotland's first distinct air quality strategy. The Cleaner Air for Scotland strategy draws together work right across Government into a coherent programme. That includes work by Transport Scotland, SEPA, Health Protection Scotland and local authorities. The Cleaner Air for Scotland vision is for Scotland to have the cleanest air in Europe. By 2020, we will have made significant progress towards revoking all air quality management areas in Scotland and will be in full compliance with EU air quality legislation. However, that ambition has to be underpinned by real action on the ground and will achieve that through new initiatives, including a national modelling framework to standardise air quality assessment and methodology across Scotland and ensure a living playing field for local authorities, a new national low emissions framework, providing procedures for local authorities to determine air quality measures at local level, including guidance on low emissions zone implementation, adoption of world health organisation guideline values for particulate matter in Scottish legislation, making Scotland the first country in Europe to do so, and the development of a national air quality awareness campaign. We will also deliver on our programme for government commitment to introduce low emissions zone in Scotland by 2018. Much of the detailed work on delivering early zeds is well under way, with consultation plans for the summer on their shape and form. Support across Scotland is essential and is very encouraging to see local authorities and all stakeholders play their part, with the major cities in particular showing strong commitment to being early adopters of an early zed. David Stewart I thank the minister for giving way. I think that most members have spoken very much in favour of early zeds. I am very in favour of expanding them to all Scottish cities, but you will know from the experience through you, Presiding Officer, that in London it was at over 100 million, and also the hold of London is covered by vehicle recognition CCTV technology, which I understand does not really exist in any of the Scottish cities. There is huge investment, but what is it that local authorities are actually bidding in for if the infrastructure is not there? Aileen Campbell We have already set out in our programme for government that this is something that we are working towards, and we have winning the hearts and minds of local authorities who might have been perhaps reluctant or a bit apprehensive about doing so in the first place. This will also create, I think, as important to recognise, a legacy for other areas to build upon. As far from being the negative story that I think David Stewart unfortunately seems to be creating, I think that this is a positive thing for Scotland. It is something that we want to build on, and it is something that we can build on for other areas across the country. To conclude, Presiding Officer, Scotland, as others have mentioned, has an international reputation for stunning natural environments, and that is right. It is in all of our interests that we do all that we can to protect and preserve those national treasures, but we should not shy away from addressing problems where they exist. In our towns and cities, mentioned specifically areas that Mark Ruskell and Patrick Harvie mentioned, we know that there are still pockets of poor air quality that impact negatively on public health. We have made significant progress, but there is much more to do, and we will continue to work across not just professional boundaries, traditional boundaries, but across the political spectrum to make sure that we can bring about the improvement that so many of us seek to ensure that that helps with our public health concerns that have been raised today. Again, thank you to Mark Ruskell for raising this important matter in today's debate.


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, training 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. 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 Bookmap Discord, there's an option stash Doug chat channel that's a great place to post questions, comments, and content related to the topics of my presentation of the channel that I'll go through in just a moment. And I'm also on X, formerly known as Twitter. My name there is at Doug P. The focus of my presentation and the focus of the option stash 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 Bookmap and real-time market maker hedging flow in SpotGammaHero to confirm my thesis and for setups for entries and exits. And when I talk about setups today, I will be talking about setups in an underlying asset. Those setups can be taken with futures, shares of stock, or options. For example, the S&P 500, you can trade that with ES futures or spy shares, spy options, SPX options, or even ES options. Questions and comments are welcome and I will be watching both the options stash Doug chat channel and Bookmap discord as well as the chat and YouTube for your questions and comments. So please feel free to post your questions and comments and I'll do my best to answer. All right. Hello, Joel. Welcome. Glad you're here and Bookmap. Hello. Good afternoon here. I'm not quite sure who that is, but welcome. Glad you're here. All right. My agenda for today, what I want to cover. First of all, go over news items, economic data events, and earnings for the week. Then I'll go through my positional analysis. Then I'll review some setups for this morning and then we'll take a look at the live market. And when I get to the live market, if anyone has any stocks they want me to take a look at, please let me know and I'll be glad to do that. All right. So news items this week. There are some economic data releases that could have a big impact on market movement during the day. First of all, on Wednesday, the PPI data comes out at 8.30 a.m. Eastern time and then the FONC minutes at 2 p.m. Eastern time. And note that will be right in the middle of my presentation. So we'll stop and watch the market. Watch the S&V 500 when the minutes are released. And then Thursday, CPI data comes out. Definitely could be a big event, especially depending on market gamma, how negative it is. Excuse me.  All right. Then Friday, Michigan consumer sentiment at 10 a.m. Excuse me. And then also during the week there are a number of Fed speakers every day. All right. Let's get started with positional analysis now. I'm going to take a look at the S&V 500. This is the S&V 500 in Bookmap, ES Futures. And before I take a closer look at this chart, I want to take a look at a larger time frame. I'm going to start with the SPX in a 30-day one-hour chart and just to frame the recent price action. This is the September 15th expiration, and price moved lower, continued to downtrend, looks like it is consolidating right around the 100 to 4250 level and now baby trying to move higher. All right. So that is the price action after the September 15th call-dominated expiration. All right. Let's take a look at some levels on this chart. So first of all, the dash purple lines are showing the lower and upper weekly expected move. This is based on the options market. This is a one-standard deviation move, so 68% of the time SPX should trade within that range for the week. And then the dash blue lines are showing the lower and upper daily expected move, again, based on the options market. And SPX should trade within this range 68% of the time again for the day. All right. Let's take a look at some spot gamma levels now. I'm going to point out the key daily levels. These are shown by the dark red horizontal lines. These are proprietary spot gamma levels provided to subscribers. The first of all, first is the put wall at 4,200. That's the strike with the largest net negative gamma that can be expected to act as support. And the next level up is 4,300. Right there, that's the strike with the largest absolute positive and negative gamma. That's the absolute gamma strike. So the most amount of gamma is concentrated at that level. Open weighted, gamma weighted open interest. And then just above that is the volatility trigger at 4,325. That is spot gamma's 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. Above that level in a positive gamma environment, market makers have to trade against price to hedge their delta exposure. So below the volatility trigger, that tends to enhance or increase volatility. Above the volatility trigger in a positive gamma environment, that tends to subdue or decrease volatility. And it looks like SBX is trading up almost to that level, just below that level now. And then finally, the call wall is at 4,450. That's the strike with the largest net positive gamma. That can be expected to act as resistance. So there's a slight shift higher in the volatility trigger for SBX from 4,300 to 4,325. Otherwise, all levels remain the same unchanged from Friday. All right, let's take a look at a one day chart to see the levels that are in play for today. And let me point out the key level for today has been 4,300. Again, the absolute gamma strike, acting more or less as resistance in the morning and now after launch as support. So the 4,300 level, very important pivot level today. Now price is moving decisively above that as it acted as support right around 12,45 and 1 o'clock. Well, let's take a look at book map. So in book map, I have my own cloud notes here and I have the SBX levels. Here's that 4,300 level. That is SBX 4,300 absolute gamma strike. Note there is a difference in price between ES and SBX and it is about 33 points. So SBX 4,300 is at ES 4,333. So ES minus SBX today is around 33 points. I also have SPI levels on this chart. This is SPI 4,31. That's not a gamma level, spot gamma level. And you can't see the label here, but this is the SPI 4,30 level and that is the absolute gamma strike and also the volatility trigger for SPI. So right now the SB500 is trading above the volatility trigger for SPI and this 4,333 resistance level I think was there to coincide with the SPI 4,30 level. And it did act as resistance earlier today around just before 12,30. Let me point out. Let's just take a look at some other levels. So SPI traded almost to 4,26 before the cash open. Then after the cash open, this 4,27 level did act to support. Again, there's a lot of interaction around the 4,300 at the 4,29 level and finally the SB500 broke higher right around one o'clock in the test of the 4,300 level. So those are the levels in play for today. Spot gamma levels as well as round number levels. Alright, shifts and levels. I talked about SPX. The volatility trigger did shift higher. For SPI, every level shifted. The volatility trigger shifted higher. Put wall shifted higher from 4,20 to 4,25. The call wall actually shifted lower from 4,55 to 4,34. So that's slightly bearish. And then the absolute gamma strike shifted up from 4,25 to 4,30. So overall I interpret the shifts and levels for the SB500 as bullish. Now keep in mind that was at the close on Friday before the events of the weekend which did not seem to have much impact at just a few hours of impact before the Put Vana rally is continuing. And that put Vana fuel, I'll talk about this in just a minute, may have, if the move continues higher today, that put Vana fuel may be mostly burned up for net tomorrow. Alright, so that's the SB500. I've talked about shifts and levels and overall net bullish shifts and levels for SPI. Alright, let's take a look at NASDAQ now. I'm going to start within QFutures in Bookmap. And let's take a quick look at the QQQ chart so we can isolate QQQ levels. So QQQ right now trading above its volatility trigger. At 365, note the 361 level, that's not a spot gamma level, did act to support just after the cash open. Alright, so those are the QQQ levels. Let's take a look at NDX just for completeness. So NDX really not much to see here other than NDX is trading above its volatility trigger as well at 15,000. And the reason I'm looking at these levels is because this is where the gamma weighted open interest, this is where that is concentrated and market makers may have to and often do react at those levels to change their hedging flow, to hedge at those specific levels. Alright, so this is the NQ chart in Bookmap. Again, I have MountCloud notes. I'm showing QQQ levels. So there's the 365 volatility trigger. Also NDX levels, there's the 15,000 level volatility trigger for NDX. Here's the QQQ 361 that did act to support this morning. Also NASDAQ traded down below its lower daily expected move earlier today and now is trading above. Alright, so those are the levels in play for NASDAQ and for NASDAQ, NDX, the put wall did shift lower. And for QQQ, there were bullish shifts in levels higher, volatility trigger shifted higher, call wall shifted higher, and the absolute gamma strike shifted higher. So bullish shifts higher in NASDAQ as well. And we'll take a look at setups in a few minutes. Let's go back to the S&P 500. Now let's take a look at gamma notional to see how market makers were positioned on the gamma curve at the beginning of the day. What I'm going to look at here is gamma notional for SBX, SPI, and QQQ. I normally don't look at NDX. It is not significant.  How do you build your QQQ and SPI level? Thank you. I'll talk about that in just a moment. Let me wrap up this positional analysis and I'll go back and take a look at that. Alright, so I'm looking at gamma notional for SBX, SPI, and QQQ. This is market makers position on the gamma curve at the beginning of the day. Note all these numbers are negative, SPX, SPI, QQQ, although less negative than Friday. So these are still negative but less negative than Friday. So this is indicating at the beginning of the day traders were long puts, market makers were short puts, and in this negative gamma environment they have to trade with price to hedge their delta exposure. Let's take a look at a graphical representation of that with the Vana model. So this is SPX. This chart is showing market makers delta notional on the vertical axis and price on the horizontal axis. There are two curves on this chart. The first light gray curve is showing how market makers delta notional changes with changes in price only and then the purple curve adds implied volatility to the equation. That's showing how market makers delta notional changes with changes in price and implied volatility. And that change in delta with a change in implied volatility is the Vana effect. And Vana is the second order Greek. All right, let's take a look at some prices now. All right, so this is for SPX and the low of the day for SPX is right around $42.88. Let me find that. So there's $42.87, so that's pretty close. That's about as close as I'm going to get. So what this is showing is price has increased. Price is increasing and implied volatility drops. Let's take a look at a chart of this is the VIX futures. So this is showing as really starting about $11.15, $11.30. VIX futures started to drop sharply lower. So we know that price has been increasing and implied volatility dropping. At the beginning of the day, market makers position on the gamma curve was negative. So they had, there were short puts, SPX by puts, so there were short futures to hedge that. As prices increased, those puts are losing value. Their delta notional is decreasing and they can buy back their short futures. So that's a put Vana rally. Price increasing, implied volatility drops. Market makers can buy back short futures. So they're trading in the direction of price and that tends to enhance or increase volatility. And that can only go on for so long. Let's see where SPX is trading right now. $43.30. All right, so that's right here, getting toward the bottom of this curve. So like I said before, that put Vana fuel rally, put Vana fuel at least for today, it looks like it has been pretty much used up. All right, let's take a look at SPI. So SPI, now all these curves are very typical of a negative gamma environment, this steep skew to the left. SPI low of the day was around 427.5, somewhere around here. So indicating again, put Vana fuel and SPI right now is trading right around a little bit less than 432, so right here. So a good bit of the put Vana fuel has been used for today for SPI as well. And let's check QQQ. Low of the day we saw before was 361. So that's pretty far up on this Vana curve here. And right now QQQ is trading at 366. So again, a good bit of the put Vana fuel has been burned up for QQQ as well. All right, let me get to kite attacks question. So kite attack is asking, how do I build my QQQ and SPI levels? So I assume kite attack you're talking about, let's say for the SOB 500, getting the SPI levels on my ES chart. Just let me know if that's correct. I think that that may be what you're asking. So you're asking, how do I get these SPI levels on my ES chart?  All right, so I start, this is updated every day. All right, so here are the SPI levels that I'm using. And I'm on my SPI on the ES chart, I'm just showing the round number levels. So here is the 421 large gamma 4 level, 425 put wall, 430 volatility trigger, that's also the absolute gamma strike, and 434 call wall.  All right, the next thing I do is update these levels in my spreadsheet here. So here are the SPI levels. So there's the levels that I've just pointed out, 420 level, 425, 430, 434. And this is what this is, the spreadsheet is driving an add-on that I got from the book map marketplace called price lines, not price levels, price lines. You have to purchase that in the book map marketplace. And this spreadsheet here feeds the price lines add-on that draws the labels, and as well as the horizontal lines at those levels. So these are the special levels that I have labeled here. Otherwise, I just have the round number levels, the special levels, the spot gamma levels are shown with white, and then just the other levels are shown with yellow. All right, so the last thing, the last piece of the puzzle here is showing the correct ES level that's shown in this column. And this format is for book map cloud notes, and it is documented. But again, I'm using the price lines add-on to do this. All right, so I have the levels in my chart, the correct colors that I want to use. So again, the only remaining piece is to put the correct ES number in this level. So let's see how I do that. So let's go back to this SPX chart, and I have a little script that I'm running in thinkorswim that calculates these levels in real time. All right, so there's the ES to SPY ratio, and it changes. This is done in real time. It's a very simple script that just divides ES by SPY, and I watch it for maybe a minute, and I'm just kind of looking for an average number here. So what I'm using today is 10.108. Looks like it's just a little bit lower than that now. So it's oscillating up and down around 10.108. All right, so that's the number that I use. Let's go back to my spreadsheet. All right, that's the number that I use to calculate these numbers right here, and this is the range that I want to show. That indicates whether I want to display the label on the line or not. All right, so that's how I get the levels on my chart. All right, let's take a look at some setups now. So I'm going to start with the SB500. This is the hero signal. 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 this is showing options, trades, and market maker hedging activity for a combined signal for SPX, SPY, XSP, and ES futures, all under one combined signal. So if you trade any form of the SB500, this is the signal that you generally want to take a look at. All right, let's zoom in on this chart, and I'm going to focus on just some warning setups. So first of all, right after the cache open, oops, wrong tool, right after the cache open, traders started taking positive delta positions, and as price approached that 4,300 level, shown as the key gamma strike here, it's the absolute gamma strike for an index, options traders started taking negative delta positions. So hero made a series of lower highs, as well as the SB500. Let's just separate outputs and calls. So what this is showing is calls with the orange line, so this indicates this rising line, orange line indicates traders were aggressively buying calls at the cache open, and note they immediately took their foot off the gas when the SB500 hit that 4,300 level. Sorry about this, that's not anything that I did, I don't think. I've reported this to Spot Gamma so far, they have not been able to find a solution. So we know that traders were buying calls in the morning, took their foot off the gas at 4,300, price continued higher just a bit, then finally reversed lower. At the same time, traders were buying puts. They started buying puts right around 940, 945, so they're taking negative delta positions there, so they stopped taking positive delta positions, start taking negative delta positions just about the same time and price responds lower. Let's go take a look at book map. So again, I'm focusing on the morning setup, not the afternoon rally, we'll take a look at that in just a minute. So this turned out to be not that significant. Let me just zoom in on this just a bit. You never know in the morning what's going to happen, but here's the reversal, 10 a.m. As traders stopped buying calls, started buying puts, price made kind of a triple top here, first test the 4,300, then moved up to 40, well, I guess that's a head and shoulders. So test the 429, spy 429, and then the final test the 4,300 and move lower. And note that both the second and third test of these higher levels, large aggressive sellers came in, note the shift in green volume dots, those are buy minus sell, market buy minus sell, green indicates they're more buyers than sellers, magenta indicates more sellers than buyers, so at the 429 level, aggressive sellers came in, and again the same shift in order flow at the 4,300 level, aggressive buyers to aggressive sellers, and then the move lower is fueled by sell stop orders, as well as aggressive sellers. You can see by the shift lower in the yellow line showing stop orders, as well as the shift lower and cumulative volume delta. So this move lower was good for about two points in spy or around 20 points in the SB500. Very pretty clear read looking at hedging flow in hero, as well as order flow in book map. We'll zoom out, so again that turns out to be not so significant in the overall scheme of things today. Let's go back to hero, so that was just looking at hero, as a confirmation or a signal. That was pretty clear in the morning. Then really not so much this afternoon until about one o'clock when traders started taking positive delta positions again. So negative delta and really up and down until they started taking positive delta positions right around one o'clock. So let's go take a look at that in book map. So here's that launch hire right around one o'clock as traders started taking positive delta positions again right at the SPX4300 level. Let's take a look at Nasdaq now. Let's go take a look at hero. See what options traders are doing for Nasdaq. So this is a combined signal for NDX and QQQ just like the SP500 although QQQ is typically the primary driver of Nasdaq. We'll zoom in a bit. So first of all what this is showing is nice divergence long right at the open. Traders started taking positive delta positions immediately then price responds higher about five minutes later. So hero moving higher. Initially Nasdaq moves lower down to the QQQ 361 level and then moves higher. As traders were taking positive delta positions so let's go to book map. Go to Nasdaq. So here's the move hire in the morning just after the cash open reversal hire at QQQ 361. You can see all the bullish order flow there. Large green volume dots as traders were taking positive delta positions. So a quick move just after the cash open and good for more than two points in QQQ or probably close to 100 points in NQ. Let's go back to hero now. So after that traders started taking negative delta positions. Price was grinding lower down to just after 11 o'clock. So let's go back to book map. So here's that move lower and pretty close to a retest of 361 and aggressive buyers start to come in. Note cumulative volume delta has been increasing to flat all day. So a lot of aggressive buyers in driving price higher. So it's really the aggressive buyers driving price higher in Nasdaq starting just after 11 o'clock. Break of this downtrend aggressive buyers come in and price continues now up toward the 367 level. Let's go back to hero. So after this brief up move around 1110 options traders have not been driving price higher until just about the same time as the S&P 500 around 1 o'clock. NQ traders, Nasdaq traders started to take positive delta positions again. So after a few minutes of that price started to jump higher. So there's Nasdaq move higher. This sharp move higher starts again as options traders start to get involved with positive delta positions. All right let's take a look at some stocks. I'm going to start with meta. The thing to note here is here's the 320 call wall. The strike that is expected to act is resistance. And earlier today it definitely did its job. Traders aggressively were let's see what they were doing. All right so that we know the 320 call wall separate outputs and calls. So in the morning traders were aggressively selling puts and buying calls that's shown by the rising blue and orange lines. Sorry, nothing I did. Scroll back out. All right so rising hero line, rising price and then they take their foot off the gas as meta hits that call wall they start taking negative delta positions and price reverses lower. So this watching hero for meta it's much more clear that compared to the S&P 500 and Nasdaq that options traders were driving a good bit of price action today. Options traders start taking negative delta positions price reverses lower at the 320 call wall as expected it does act as resistance price moves lower and notice around one o'clock or so traders start taking positive delta positions again and price starts to move higher after this consolidation. So let's go take a look at book map. Here's meta 320 call wall price is almost up there again. Sharp rally from the open as traders were selling puts and buying calls they take the foot off a gas at the 320 call wall price drops lower consolidates and then they start taking positive delta positions again and price starts to move higher back to the 320 call wall. So good long setup from the open and then starting about 1030 good short setup or you could sell a call spread there buy a put spread as price reverses lower at the 320 call wall that did its job and acted as resistance. So very clear long and short setups in meta there. Let's take a look at Nvidia. So bearish setup in the morning 450 is the key gamma strike. Let's go take a look and see what options traders are doing. Go to Nvidia here's the 450 key gamma strike price reverse lower at that level after at the open overall hedging flow was negative let's say starting around 10 o'clock and then shifted around 11 1115 to bullish price moving higher very strong correlation between options trades hedging flow and price action actually starting after 11 let's see what traders are doing so net for the day they are taking positive delta positions they're buying calls and selling puts call shown by the rising orange line put shown by the rising blue line so when the put line is rising that means they're selling puts it's a positive delta position let's go back to book map so just looking at the morning not knowing what's going to happen there's the bearish setup short entries at this trend line then Nvidia breaks that trend line as traders shift from negative delta positions to positive delta and now Nvidia has staged a sharp rally higher up to the 455 liquidity level note these levels of high liquidity this is resting liquidity so in the case this morning these were resting limit sell orders these levels of high liquidity act as magnets for price here this high liquidity comes in at 452 it looks like they actually pulled we'll zoom in on this so they actually pulled most of these orders before Nvidia made it up to that level and they also looks like added liquidity added orders there and pulled them so there might have been some filled there let's go back to hero zoom back out alright so 460 is the call wall so that's the next higher level of significant gamma and notice right now that right around 455 options traders have taken their foot off the gas now price consolidating maybe moving a little bit lower alright so this is showing that they options traders progressively buying calls shown by the rising orange line took their foot off the gas and now they're selling calls and they also slightly slightly rising blue line indicates they are selling puts alright again sorry about this have not been able to figure this out alright let's take a look at Tesla quickly then we'll take a look at the live market not much of a not a strong correlation today between hedging flow and price action for Tesla and this did hero did help set up a short this morning but it looks like other stocks the play of the day has really been the long let's go take a look at Tesla in book map so really I thought the best setups in stocks today the stocks that I follow are were meta especially and also NVIDIA there's the shorts and Tesla this morning pullback entries trend break now Tesla start to make a series of higher lows alright let's take a look at the SAP 500 so now it looks like both aggressive buyers shown by the cumulative volume delta there let's just zoom in on this aggressive buyers, cumulative volume delta you can see all the green volume dots as well as buy stop orders fueling this move higher rising yellow line stop orders rising dark blue line cumulative volume delta so the put Vata rally that began on Friday with the hotter than expected employment report and delayed slightly by war in the Middle East over the weekend continues today and fueled a lot by again aggressive buyers buy stop orders let's see what options traders are doing go back to hero go to the SAP 500 so options traders are starting to fade this move now they were taking positive delta positions after 2pm now taking negative delta positions alright let's check on Nasdaq and overall for the day hero is net negative let's just see what they're doing so for Nasdaq they are buying puts that's shown by the falling blue line the negative notional value they are also buying calls shown by the positive notional value they are more aggressive so net for the day the number is negative let's take a look at SAP 500 see what they are doing as well so they are buying calls and buying puts in the SAP 500 calls shown by the rising orange line positive notional value put shown by the falling blue line passive alright does anyone have any stocks they want me to take a look at I will be glad to do that let's go back to book map so it looks like the SAP 500 may be heading up to the upper daily expected move and then the 4350 level above that let's take a look at an SBX chart so that is the ES upper daily expected move let's take a look at the SBX upper daily expected move let's take a look at that so still just above the current price so note there are some large traders coming in selling with iceberg orders looks like that is one execution so one transaction one player sold 2000 contracts of ES with an iceberg order they use to hide their size and book map can detect those after they have been executed also some aggressive sellers starting to come in you can see a few budget of volume dots and there are also some large traders in here with buy iceberg orders that is shown by the blue icon there let's go back and see what options traders are doing so note again they are starting to take some negative delta positions and by the way for my presentation here I am jumping from one screen so I can only present on one screen when I am trading I have two computers three monitors total so on my main computer I am looking at typically hero on one screen and book map on the other screen so I don't have to jump back and forth like this but obviously I am only presenting on one screen so I am jumping back and forth I am going to change this rolling window period this look back period to 30 minutes just to see if we can find more clarity this afternoon so it looks like starting just before 2 p.m. eastern time so that consolidated not doing anything started taking negative delta positions and remember that putvana fuel rally putvana fuel has at least according to the vana chart for today mostly been burned up so that tailwind is gone let's go back to book map so for the S&P 500 price consolidating there traders are taking negative delta positions now let's take a look at nasdaq and on this just a bit so nasdaq did find resistance at the 15,200 level that's nq 15,200 as well as the qqq 367 level let's see what options traders are doing in nasdaq so nasdaq they are definitely more aggressively taking negative delta positions again that started about 145 and remember we are on the 30 minute rolling window period it's only looking at the last 30 minutes of data which gives us a little bit more precise information for what options traders are doing this afternoon let's go back to book map so I just looked at a chart of the magnificent 7 plus AMD and they all continue to move higher so always remember the these the S&P 500 and nasdaq the index of stocks and this the magnificent 7 10 to drive price a good bit of the time so kyde attack says you follow around 10 stocks and pick the best move or you take position all of them and manage different risk type setup no I just I don't I'm not able to take positions in all of them I just don't have to do that so I I'm looking for the best moves of the day and the way I find that may vary I can rank my charts by hero signal the hero chart looking for strong and weak hero signals scan through charts and book map I look at I've also got this chart I just mentioned in thinkorswim so this is 8 stocks so that's why I said all these stocks are still still moving higher alright so I look at that that just gives me a quick glance of all the stocks but I tend to trade mostly index products unless I see something very clear clear setup and the most clear setup both long and short today for me was the was meta for the stocks otherwise I focus most of my attention on the SB500 and NASDAQ just because of just because of the time alright rally continues higher as traders continue to buy magnificent 7 index products follow alright my time is up I want to thank everyone for watching thank you very much for your questions and comments I hope I answer your questions and I will see you tomorrow thanks again bye