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 general disclosure of 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. Pass 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 in Bookmap Discord, there's an options-Doug Chat channel that's a great place to post questions, comments and content related to the topics of my presentation and the topics of the channel, which I'll go through in just a moment. And note that Bookmap Discord is free and available to everyone whether you have a Bookmap subscription or not. There's a lot of great content there. I'm also on X, formerly known as Twitter. My name there is at Doug Plus. The focus of my presentation today and the focus of the options-Doug Chat channel is options, order flow, the impact of options markets on stocks and futures, and the influence of market maker hedging flow on price action. I have a two-step process for trading and the first is planning. And I use positional analysis. I look at how traders and market makers are positioned at the options market and how those positions change from day to day to develop a thesis regarding the expected trading range and volatility for the day as well as a directional bias. And the second step on my process is execution. I look at real-time order flow in Bookmap and real-time market maker hedging flow on Spondyama Hero 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 any number of ways. For example, with the S&P 500 setups can be taken with ES futures, SPY shares, SPX options, SPY options, or even ES options. Questions and comments are welcome and I will be watching both the options-Doug Chat channel and Discord as well as the chat and YouTube for your questions and comments. Please feel free to post and I'll do my best to answer your questions. And hello, Steven. Thank you very much. I am feeling better today. Thank you very much. All right, here's my agenda for today. Tuesday, November 21st. First of all, I want to go over news items, economic data, events, and earnings for today and the rest of the week. Then I'll go through my positional analysis. Then I'll review some setups from earlier today and then I'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, let's start with news items. So today, as I've noted here, news items for today, FOMC minutes come out today at 2 p.m. That's a day early. I guess that's because of the holiday later on Thursday, Thanksgiving holiday. So again, FOMC minutes out at 2 p.m. Eastern time today. And then NVIDIA reports earnings after the market closes. And that is the last of the magnificent seven stocks to report earnings in this quarter. All right, let's, oh, the rest of the week, news items. So tomorrow there is some data coming out. Economic reports, 8.30 a.m. Eastern time, durable goods orders, 10 a.m. Consumer sentiment, Michigan consumer sentiment. Then, of course, Thursday is the Thanksgiving holiday. All markets are closed. And then on Friday, the market is open half a day. There is some data coming out at 9.45 a.m. Eastern time, PMI data. That's on Friday. And note, I will not be streaming on Thursday or Friday. I will be in chat on Friday afternoon, but not streaming. All right, let's move on to positional analysis now. I'm going to start with ESP500. This is the ES Futures and Bookmap. And before I take a closer look at this chart, I want to take a look at a larger time frame. This is the SPX and a 30-day chart. First of all, I want to point out the key turning points on this chart. And the first is this October 30th. This is when the current rally began. So before that, on Friday, traders were loading up on puts concerned about weekend risk. And then on Friday, on Monday, price started to rise, volatility dropped, and those puts quickly lost value, and market makers could buy back short hedges. So when traders buy calls, market makers buy puts, market makers sell the puts, and they have to sell futures to hedge their delta exposure. So this was a huge IV collapse. Put Vanna Rally. And at this point, on October 30th, SPX was in a very negative gamma put dominated position and has now shifted to positive gamma as the rally has continued. All right, so the next turning point, this is Friday, November 10th. This is the, I guess for a lack of better term, magnificent 7 rally that kind of broke out of this consolidation. More consolidation and then the, actually this was fueled by the CPI data last Tuesday. Consolidation and now the rally continues. All right, let me point out some key levels on this chart. First of all, the dash purple lines are showing the lower and upper weekly expected move. This is based on the options marketed. I updated once a week, so it remains, these levels remain the same throughout the week. Then the dash blue lines are showing the lower and upper daily expected move. And note that the lower daily expected move has been in play for today. And SPX is trading within that range now. The solid red lines are showing spot gamma proprietary levels. These available to spot gamma subscribers for a variety of platforms. Here I'm showing the levels for thinkorswim. I'm going to point out the key daily levels. First of all, there's the put wall at 4,300. That's a strike with the largest net negative gamma that can be expected to act as support. That level did move lower from yesterday. So the potential floor for price has moved lower. And the next level up is the volatility trigger at 4,495. That's in the cluster of levels here. And that is spot gamma's proprietary volatility flip level. Below that level, market makers position on the gamma curve is negative. In a negative gamma environment, market makers have to trade with price to hedge their delta exposure. And that tends to enhance or increase volatility. On the other hand, like SPX is trading now, above that level, market makers position on the gamma curve is positive. In a positive gamma environment, market makers have to trade against price to hedge their delta exposure. And that tends to subdue or decrease volatility. And just above that level is the absolute gamma strike. That's a strike with the largest absolute positive and negative gamma. So that is the level with the most, the highest level of gamma weighted open interest. And then the next level above that is the call wall at 4,600. That's a strike with the largest net positive gamma that can be expected to act as resistance. So those are the key daily levels. The call wall did move higher from yesterday. So the potential floor moved lower. And the potential ceiling moved higher to 4,600. And note after expiration, it usually takes several days for the levels to settle into a more stable, stable locations. Alright, let's take a look. I know this current price is really obscured by all these labels and lines. So I want to take a look at a closer look at a shorter time frame. This is SPX. And this is actually showing about four days worth of data in a one minute chart. And this is a trend line that I drew yesterday. And it's still holding today. Pretty interesting. And that was from the low, the slow point last Thursday, a touch of the 4,500 level, another touch of the up trend, and then a touch this morning just below the upper lower daily expected move for SPX. Alright, so the levels in play for today, lower daily expected move, of course. And then up above is this 4550 level. That's a large gamma two, two being the importance ranked from one to five, one being the most important. So that is an important level that was noted as resistance in the spot gamma am founders note. Alright, let's take a look at book map now. So in book map, I have my own cloud notes. So I can show SPX levels. Here's a 4525 level noted as support in the spot gamma am founders note. I also have spy levels. So far today, the spy 454 level has been in play as resistance before the cash open. And then the 452 level support before the cash after the cash open. And that was the kind of the launching point for the 1030 turnaround. And note, there is a difference in price between ES and SPX. And today, it's just a little over 12. So I'm using ES minus SPX equal 12 today. And note the index relationships, ES to spy ratio, in queue to QQQ ratio, ES to SPX difference, and in queue to NDEX difference. I post those in discord every day. Those are the levels, the index relationships that I'm using every day. And that's that is those index relationships are used to show these levels on my chart, both the SPX and spy levels here on my ES chart. And this is the ES lower daily expected move also in play for today, a little bit different than the SPX lower daily expected move. And we'll talk about setups in a few minutes. So those are the levels in play. For the SAP 500, I talked about shifts and levels for the SPX put wall lower call wall higher and the same for spy put wall shifted lower and the call wall shifted higher. So really more important in this environment is now the SPX call wall has moved higher to 4600. And the spy call wall has moved higher to 460, opening up potential upper bound for price action. Alright, that is the SAP 500. Let's take a look at NASDAQ now. So this is the in queue futures in book map. And before I take a closer look at this chart, I want to isolate, first of all, QQQ levels. So let's take a look at a QQQ chart. This is a one day, one minute chart is about just a little bit. So before the cash open, 391 was acting as resistance. Note that 390 is the absolute gamma strike on the call wall. And that call wall has remained at 390. No change in the call wall. Now the absolute gamma strike did shift higher to 390 as well. So the 390 level is the call wall and absolute gamma strike. Then right after the cash open, the 389 level acted as resistance. And then more or less the 387 level acted as support after the cash open. So those are the levels in play for QQQ. Let's take a look at NDX. So NDX is above its call wall at 15,825. That is also the absolute gamma strike. All right, for the NASDAQ, there were no shifts in levels for NDX. And again for QQQ, the absolute gamma strike shifted higher and the volatility trigger shifted lower. Just like the ES on my in queue chart, I have QQQ levels. There's the 391 level that acted as resistance before the cash open. There's the 387 level acting as support for the 1030 turnaround. Also the 389 level more or less has been in play. So those are the QQQ levels. And there's a big cluster of levels here. You can't see it, but the 390 level is buried in all those labels. And there are NDX levels above and below that. All right, so those are the levels in play for NASDAQ. And again, we'll take a look at setups in a few minutes. All right, 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. So I'm going to take a look at gamma notional for the SB500, NASDAQ, and Russell 2000. Note all these numbers are positive and they all increased from yesterday. So they were all positive yesterday and they became more positive today. So what this means for an index that traders are short calls, market makers long calls in a positive gamma environment and they have to trade against price to hedge their delta exposure. So if price increases, those calls start to increase in value. They want to remain delta neutral. So they have to sell futures to hedge their delta exposure. And this number is quite positive for SPI. It's kind of rare to see the gamma notional for SPI at least for the last few months that positive. All right, let's take a look at the Vano model now to get a graphical representation of what that means. And actually before I do that, one thing I want to point out is the this absolute gamma strike model. This is for SBX. And last Friday, almost all of the gamma weighted open interest, both calls shown what the orange line puts shown with the blue line was concentrated at the 4500 level shown here. And after expiration, there's been some dispersion to other strikes. On last Friday at the expiration, this 4500 level was hugely dominating. And now again, there's been some dispersion of call and put gamma above and below that level. And that should lead to a little bit more range, a little bit more volatility. All right, let's take a look at the Vano model now. This will give us an idea of how market makers may have to hedge with changes in price and applied volatility. On this chart, there are two. First of all, this chart is showing market makers delta notional. That's on the vertical axis. That's their delta exposure. And on the horizontal axis, the spot price of SPX, there are two curves on this chart. The first, the light gray curve shows how market makers delta notional may change with changes in price only. And then the purple curve adds implied volatility to the equation. That shows how market makers delta notional may change with changes in price and implied volatility. And that change in delta with the change in applied volatility is the Vano effect. Vano is a second order Greek. All right, so let's take a look at some prices now. Starting with SPX. So the low of the day was around 4526. So still close to the bottom of this curve. And now price SPX is trading up at 4540. So that's right around here definitely in the bottom of the curve. So what this is showing is there really is no Vano effect for movements in this range. But if price continues to move higher, market makers will need to start selling futures to hedge their delta exposure. Typical on a positive gamma environment. Let's take a look at spy now. Very similar gamma Vano model. And note this is very typical of a positive gamma environment with a kind of a V shaped curve. Low of the day for spy was right around 452. Right around here. Still near the bottom of the curve. Right now spy is trading at 453.50. Closer to the bottom of the curve. Finally, let's take a look at QQQ. QQQ low of the day just under 387. So more on this negative portion of the gamma curve indicating here price increases. Market makers can buy back short futures and that would help to fuel price higher. QQQ right now trading at right around 388. So overall though pretty close to the bottom of this the Vano model. So not much of a at this point. Not much of a headwind or tailwind. But if again a price starts to drop, market makers will need to sell futures. Alright so my thesis for the day was definitely looking for lower volatility. More of a trading range that's typical of a positive gamma environment. In a positive gamma environment I'm not really looking for a large trend day up or down. Alright I've got about five minutes before the FOMC minutes. I'm going to take a look at some setups from this morning. So the first thing that I want to do is look at I'm going to look at the SB500. See what options traders have been doing. This is the hero signal. Hero is hedging impact real-time options. This is available to spot gamma subscribers. And note that spot gamma for those of you who may be interested is having a Black Friday sale 50% off. Just go to the spot gamma website and you should find information about that if you're not already a subscriber. Or maybe I think if you are a monthly subscriber maybe you can subscribe for a year. They're offering both 50% off of monthly and annual subscriptions. And I believe bookmap may have a Black Friday sale also. I think I saw something about that. Alright so this is the hero signal. Again hedging impact real-time options. This chart is showing price for SPX with a white line. And the purple line is showing the hero signal. Again hedging impact real-time options. So everything that we've looked at so far other than the bookmap charts have been static data. This is based on gamma weighted open interest that's updated once daily during the night. Now we're looking at real-time data seeing what options traders are doing today. So the hero signal is showing a combined signal for SPX, SPY, XSP, and ES futures. This is showing what options traders are doing and market maker hedging activity. Again for a combined signal for all these instruments. Alright let's zoom in on this chart. Point out a couple of setups. So first of all the zoom in on this chart just a little bit. This is the cash open. Right here at 930. Not much going on until about 1020. There's a sharp drop in the hero signal and price responds lower. Then about 10 minutes later options traders start taking positive delta positions and price reverses higher. Right around that 452 level of SPY 452 level. Let's just take a look at puts and calls. So right around that 1030 time traders were buying puts. They started selling puts. They also started buying calls and price responded higher. Alright so there was a short setup and then a long setup. Alright so here's that 1030 reversal higher. Let's go take a look at the book map. Alright I've got about 30 seconds or so before the FOMC minutes. So here's that short setup. ES gradually making a series of lower highs. Traders start buying puts and aggressive sellers come in. That's shown by the magenta volume dots. The volume dots are showing market buy minus sell. Green dots indicate more buyers than sellers. Magenta dots indicate more sellers than buyers. Zoom in on this just a little bit and note the sharp drop in CVD. That's the pink line. Also sell stop orders helping to fuel the move lower. That's shown by the falling yellow line as well as this on chart indicator. And also the blue line here is showing light blue line showing iceberg orders. Large traders buying the move lower with iceberg orders. Alright the FOMC minutes are out. Let me just a moment. I opened up CNBC on another screen so I can see any any notes about the the minutes. So far not a lot of market movement. Alright so I'm talking about the short setup and that really led to a long setup. Again expected in a positive gamma environment more mean reverting price action. Range days rather than trading days. Alright Steven has a question about the difference in the spot gamma packages. First of all I suggest going to spotgamma.com and they have descriptions of all the different packages. Standard my understanding just a very quick summary. The standard includes everything except equity hub which is included with the pro package. And then the alpha package adds hero. So I think the biggest difference is this is my just my understanding go to the spot gamma website to confirm is equity hub is included in pro and alpha includes equity hub and hero. Alright so long setup just watching the volume dots. So first of all for the long setup I pointed out that large traders were buying weakness with iceberg orders shown by the rising light blue line. A lot of aggressive sellers on the way down right to the 452 level aggressive buyers come in as traders start taking positive delta positions. And then there's a pullback to the lower daily expected move. Then aggressive buyers come in again. Note at this point the rising cumulative volume delta shown by the pink line. And as price starts to move higher my stop orders help to feel the move higher. Alright so that's the SMB 500 short setup and long setup. Let's take a look at NASDAQ and be who hello welcome good afternoon to you. And yeah I'll look at Tesla. Tesla has been bucking the trend which has been mostly down this morning. So we'll definitely take a look at Tesla. Alright let's take a look at NASDAQ. NASDAQ order flow looking a little bit more bearish. Excuse me all the lines in the sub chart are dropping showing cumulative volume delta stop orders and iceberg orders all negative for the day. NASDAQ definitely weaker than the SB 500 today. Alright let's take a look at hero and see what options traders have been doing. So I'm going to take a look at two signals here. First of all NASDAQ this is a combined signal for NDX QQQ confirmation of a short in the morning just like the SMB 500 1030 reversal traders start taking positive delta positions. Price moves higher. Alright let's go to go the NASDAQ makes a series of lower highs. Let's see what time this is. This actually NASDAQ begins to move lower. Some are between five and ten minutes earlier than the SB 500. At this point again all the lines in the sub chart were turning lower and toward the lower end of this move large traders started buying with iceberg orders helping to set up the long. But here after this break below the lower daily expected move there were a lot of aggressive sellers coming in shown by the magenta volume dots. Price moves down to the 387 level. Test that level several times. Then as options traders were taking positive delta positions price started to move higher. Again NASDAQ is a good bit weaker than the SB 500 today. Let's take a look at one other hero signal that is extremely useful for both SMB 500 and especially NASDAQ. That's this magnificent seven signal. And this was definitely confirming the short in the morning and initially confirmed a long 1030 reversal higher. Let's take a closer look and see what traders have been doing.  This is a combined signal for the stocks known as the magnificent seven. That's Apple, Amazon, Google, Meta, Microsoft, Nvidia, Tesla. They make up a very large portion of the NASDAQ. Also a large portion of the SB 500. Very important to follow these stocks every day. All right let's zoom back in. Let's take a look at puts and calls. So right around 1030 traders stopped buying puts that's shown by the blue line. When it's falling, they're buying puts. When it's rising, traders are selling puts. So they stop buying puts, start selling a few puts.  They stop selling calls that's shown by the orange line and start buying calls and price attempts to reverse higher. So confirmation signal on the way down as well as the reversal higher. All right, so that's the SB 500 and NASDAQ. Let's take a look at some stocks now. So one thing I did this morning was I ranked my watch list shown down here below the chart by hero signal. And I ranked from the weakest to the strongest signal. So what this is showing is the strength of the current hero signal for today compared with the last 30 days that's shown by the entire length of this slider that may be very difficult to see. And then also the last five days. So this is the, for example, up here at the top that's ES futures showing the hero signal for today for ES futures is the weakest that it has been in the last 30 days as well as weaker than it has been in the last five days shown by the colored portion. All right, so the first stock on this list is Apple. So let's go take a look at Apple. Note that 190 is the key gamma strike and price has really been oscillating around that level after moving lower. Here's a very timely flow alert. The range on Apple was not significant, but heroes trending lower, setting up a good short right around 1020. And note that Apple did not reverse higher like the SB 500 and NASDAQ. So let's go take a look at book map. Take a look at Apple. So here's that short multiple test of VWAP that's shown by this light blue line and price moves lower. Find support around the 190 key gamma strike now trying to move higher. So again, not a lot of range in Apple. Next AMD, a little bit more range in AMD. 120 is the key gamma strike. Also the call wall. Most importantly, the call wall and the break below the call wall was a good opportunity for a short. Expecting that level to act as resistance. All right, let's go take a look at hero and see what options traders were doing in AMD. Next on the list, submit on this chart so we can see the early price action. And there was quite a bit of movement in the hero signal. A separate outputs and calls. So that was all calls. Initially, traders were buying calls shown by the rising orange line. And that quickly reversed. And those vertical lines indicate a lot of larger traders. Large trades, large block orders up and down. But eventually, sorry about that. Nothing I did. Spot gamma still working on this. And that traders were selling calls, price moves lower. All right, that's AMD. All right, let me check for questions. Trout fly. Hello, tight lines. Does your book ask, does your book map CVP, CVP settings based on Delta? And are your C levels entered by yourself? So first of all, I assume, well, first, let's see, let's go back to book map. CVP is chart volume profile. Is that what you're asking about? I assume it is. And yes, the settings are based on Delta. Let's just go to configure column. So here, here I have Delta checked for CVP session volume profile. I do not. So I like to have the difference. All right, then C levels. So I've talked about the ratios. I'll get back to the C levels when I get to get back to the S&B 500. All right, the next stock I want to take a look at is NVIDIA. And let's go back to HERO. And when I looked this morning, NVIDIA was next on the list below AMD now. It's changed a little bit. And remember NVIDIA reports earnings after the market closes. Oops, zoom in on the morning, 500, call wall, key gamma strike. Price breaches that level, moves higher. Note the flow alert here. These can often signal mean reversion. That's signaling very strong flow. So initially traders were taking positive delta positions. And we can just take a look at puts and calls, see what they're doing. And very obviously, they were buying calls shown by the rising orange line. That lasts for about 10 minutes. Then they start selling calls and price moves lower. Sorry about that. And note the flow alerts are now available on the charts with puts and calls separated out. That's new today. So that's a new feature that was just added today. Typically before the alerts have been only available on the total chart. Showing calls, puts and calls combined. All right, so that's NVIDIA. Let's go back to book map. So there are really a lot of aggressive buyers. You can see volume dots pretty much dominated by green volume dots, aggressive buyers. You can check CVD, cumulative volume delta has been rising most of the day. Aggressive buyers. Let's go back to hero. So in this case, at least in the afternoon after 10.30, it really appears that aggressive buyers are driving price. And NVIDIA. All right, so that's NVIDIA. Let's take a look at Microsoft. All right, so flow net negative for Microsoft today. A couple of timely flow alerts. Actually three of them. Just a few minutes after the cash open as traders are taking negative delta positions. So let's go take a look at book map. Microsoft. So now an initial move lower. Now Microsoft consolidating up and down around 372. So apparently there's still some controversy about open AI, Sam Altman, and whether he will go back to open AI or end up at Microsoft. So that may be causing some some weakness here in Microsoft. That's a big topic of conversation on CNBC today and yesterday. All right, that Microsoft. And now let's take a look at Tesla. All right, so bullish day in Tesla. Note all the green volume dots that came in really after 10 a.m. Let's go take a look at heroes. See what options traders are doing. All right. Hello, Neo. Neo asked, which one do you like in hero total or call put separated? I look at both. And often this put call separated gives gives more information, more, more detail, not always. But it's definitely worth taking a look at. I mean, it takes, you know, just one two clicks to see this information. That's the only problem. I think it seems to trigger that auto zoom. So anyway, this is a pretty classic pattern. In the morning, there's a rush of aggressive call buyers. Just do that very quickly show mother rising orange line, a rush of aggressive call buyers. Price moves higher. They take the foot off the gas. Price moves lower and consolidates. Very typical pattern. Or let's go back and check on the SB 500. Now back to book map. One thing that may be helping Tesla today is with the with this open AI news. Now, CNBC has stopped talking about Elon Musk tweets. And now they're focusing on open AI and Microsoft. All right. So not much, not much reaction to the FOMC minutes today. So pretty much a non event. Let's take a look at one other stock. Netflix also booking the downtrend. And Neo says he thinks this he or she thinks the strongest signal and hero is when both call and put lines are going up or down. So in the same direction, yes, spot gamma has noted that and I've mentioned that several times when both the put and call line are going in the same direction. That's a very strong signal. Spong directional signal. It's hard for whatever instrument you're looking at to to move against that. So here's Netflix. Let's go take a look at hero. So here you go, Neo. In the case of Netflix, traders have been buying calls and selling puts that show by the rising orange and blue lines and the positive notional values and note the typical pattern options. Traders take their foot off the gas. Sorry about that. I've just got to be faster. And you're welcome, Neo. Again, classic pattern. Here it lasted till about 1130 options. Traders take the foot off the gas and price consolidates. All right, let's take a look at the SB 500 again. So up and down signal on on hero here. Positive gamma mean reverting price action. Up and down options. Traders selling highs, taking negative delta positions at high points and buying lows, taking positive delta positions at low points. Let's just take a look at see what zero DTE traders are doing. So what that's showing this green line is showing next expiry trades. So for the SB 500, these are options that expire today. And note that the very, there's a very strong correlation correspondence between the green line and the purple line, which is showing all expirations. So it looks like the zero DTE traders today are making up a very large portion of the total notion of value of all options trades today. You can just compare the numbers there minus 936 million for zero DTE versus minus 1.23 billion for all trades. So according to this, this notion of value, it looks like the zero DTE trades are making up about 75% of the trade today. So again, in a positive gamma mean reverting environment, this is often the case that traders are trading the lows and highs with zero DTE options. And that helps to contribute to the trading range type of trade in a positive gamma environment when the zero DTE traders are again selling highs and buying lows. Let's see what they're doing in the Magnificent Seven. So not much. Heroes trending slightly lower. Negative notion of value. Take a look at NASDAQ. Oh, Troutfly, I let me go back to book map and answer your question about C levels. Alright, so for the C levels, I use an add on called price line. This is available in the book map marketplace. It's not price levels. It's price lines. So that's what I'm using. And then I have a spreadsheet and I update certain data every day. So here's how I'm showing the spy levels. So I have little scripts in thinkorswim that calculate the ES to spy ratio. And then I put the proper levels for ES in my spreadsheet in the morning. Also note the key daily levels and other levels shown on the spot gamma website. So that's how that's where the spy levels come from. So in the current trading range, 452 to 454, there are no spot gamma levels, just round number spy levels. So that's spy. That's how the spy levels get on the chart. So I'm just filling out a spreadsheet and then the display on book map is controlled by this add on. So the add on draws the labels and the lines on the chart. And then here are my SPX levels. SPX also the lower and upper daily and weekly expected moves. So all this information in this column comes from the spot gamma website changes a little bit every day. And here I'm showing, for example, 4400 not implanted for today, but that is the SPX 4400 level at the ES 4412 level. Alright, so that's how I that's all this. That's how all this information gets on my chart in the sea levels. Oops, spy levels, SPX levels. And also there's the lower daily expected move. Alright, so Troutfly, if you're still here, there you go.  I want to thank everyone for watching. Thank you very much for your questions and comments. And I will see you tomorrow. Thanks again. Bye.


Live from Toronto, Canada, it's theCUBE. Covering Global Cloud and Blockchain Summit 2018. Brought to you by theCUBE. Hello everyone, welcome to the live coverage here in Toronto for the Blockchain Cloud Summit, Global Cloud and Blockchain Summit. Here put on as prior to the big event this week called the Futurist Conference. theCUBE will be here all week with live coverage. I'm John Furrier with Dave Vellante. As we expand our coverage with theCUBE into the blockchain and crypto token economics world, we're here on the ground with covering the best events. We started in 2018 initiating cube coverage on the sector. Of course, we've been covering Bitcoin and Blockchain going back to 2011 on Siliconangle.com. Dave, we're here to kick off what is the first inaugural event of its kind, combining cloud computing coverage with Blockchain and as we had on our fireside chat last night, we discussed this in detail. Cloud computing and Blockchain either going to be a collision course or it's going to be a nice integration. And we discussed that. This is what this show is all about. It's really about connecting the dots to the future. The role that cloud computing will play with Blockchain and token economics. A variety of different perspectives. But again, this is the first time we and the industry are starting to unpack the mega trend of cloud computing which we know is like a freight train powering and disrupting and we cover it in detail. But Blockchain certainly transforming and reimagining business and process coming together. Well, we're here in Toronto which is of course the birthplace of Ethereum. And it's interesting to see how Toronto has attracted so many developers in the software and engineering, software engineering space. And there's a huge crypto community here. I'd give you my take on the cloud and Blockchain. I don't see them on a collision course. I see Blockchain and we've talked about this and crypto as a part of this other layer that's emerging.  On top of that, you had cloud, mobile, social, big data. And it was essentially a cloud of remote services. What we're seeing now is this ubiquitous set of digital services of which Blockchain is one. And to me, it's all about automation, machine intelligence, Blockchain, being able to do things without middleman. You made that point last night on the fireside chat. And I think it's complimentary. You need cloud for scale, everything's digital which means data. And you need machine intelligence for automation. And that is the new era that we're entering and Blockchain is playing a big part of that because of its inherent encryption, its immutability and its ability to show proof of work. So it's a key component of a number of different digital services that are going to transform virtually every industry. Certainly that's a tailwind for the industry. And certainly we see that all the entrepreneurs, alpha geeks and a lot of the business pros see Blockchain and token economics as a dynamic that will certainly change things. Today in Toronto this week, certainly not a good week for pricing of currencies. The crypto market is down, Ethereum and Ripple are at yearly lows. And the communities are kind of getting scared. We talked with Matt Rosak, one of the, an early investor and founder of Block last night about the price declines. And he said, quote, I've seen this pattern before. These price sell-offs also kick off the next wave of growth. So this kind of a weeding out was his perspective but you can't deny that over the past 24 hours, 30 billion has been erased from the crypto market caps and the greatest decline has been happening under Bitcoin's dominance and still increased over, still 56% over the year. So Bitcoin seems to be holding more value than say Ethereum. Ethereum and Ripple really under a lot of pressure. But so the insiders are somewhat scared. Some are like, hey, we've seen this movie before. Waves are a little bit rough right now but they're in for the long games. This is a long, the long game going on and then there's also money being lost. I mean, I was saying, bet the farm now. He says, I've seen this before, take everything, mortgage the house. I'm not sure I would advise doing that but you know, this is the time by low. So just as for the numbers, Bitcoin's high last November, December was 19,000. It's down at 6,000 now. So you just say it's still up almost 50% for the year but if you compress that timeframe to nine months it's down 60%. So very, very volatile. Ethereum on the other hand, last September was trading at around 240, 250 and today it's in the 260. So back to where it was last September. So the curve on Ethereum sort of looks like it did end the last summer whereas Bitcoin is still almost 70% up from where it was last September. So quite a bit of difference between the two cryptocurrencies. And you mentioned Ripple, IOTA, many of the cryptocurrencies. Ripple dropping 90% from its 2018 highs, 90%. Some money was made and lost on that one. So again, we always say when the music stops you better be sitting in a chair otherwise this is bubble behavior but you know, Matt and others and the insiders are saying they're still bullish because of the pattern even though there's a sell-off it's a weeding out process and they see still good deals going on. And again, this is going to come fundamentally down to whose technology is going to be adopted? What kind of application can be written on blockchain? We're seeing some promise in the enterprise just yesterday, Microsoft announced a blockchain as a service kind of thing with proof of authority, a new concept. IBM, we've been covering IBM with blockchain. They're working with the Hyperledger standards. So you cut the enterprises. Amazon has kind of telegraphed they've actually put a professional service note out where they are doing some blockchain. The big clouds are getting into the game.  And will there be room for other blockchains? Again, this is the big debate. Is it going to be a fragmentation of a series of blockchains or will there be some sort of set of standards? Again, we don't know what the stack's going to look like because the best thing about blockchains you could roll it out and implement a portion of the stack and still coexist with whatever standards emerge. So again, these are the questions. Well, one of the conversations that the course is going on is the actual number of transactions that's occurring with Bitcoin is way down. It's probably down 20% year to date. The other conversation is, we all know that Bitcoin and Ethereum, the transaction volumes, can't really support what we do with Visa or even Amazon. There's a discussion in the industry going around about what if Amazon chose some other coin? Like Ripple, for example, which has much higher transaction volumes or what if Amazon tokenized its own business and came up with its own cryptocurrency? What would that do to the price of Bitcoin? If all of a sudden you could transact in prime using Amazon coin or something like that. And we know that Amazon understands how to scale and obviously understands cloud. That's why I do see cloud and blockchains as complimentary. I just don't, it's very difficult to predict the future. There are those who say Bitcoin is the standard. It's got the brand. There are those who say that Ethereum because it's much more flexible and you can program distributed apps with it, have a great future. And then everybody points to the transaction volumes and says this is just a Petri dish for the future where new technologies will emerge that scale better and can produce. What's interesting last night on the, we had a fireside chat with Albergio Serial Entrepreneur, founder of Digital Bits, and Matt Rozak, obviously founder of Block. Investors on the Forbes billionaire list. Superactive, very engaged on a lot of advisors. Finances one and many other deals he's done. It's interesting you have two perspectives. Al is the networking guy who knows plumbing. He knows how networks work and Matt's a token economics genius. So the two have interesting perspectives and the battle Royale going on right now in my opinion is two things. I think token economics is a wonderful thing that's going to happen no matter what the standards are because token economics really is the value to me of the cryptocurrency that can be applied to new business models and efficiencies. The blockchain is a land grab and here's why I think whoever can nail the plumbing on the pipes of the infrastructure reminds me of the early days of the dial up web when you had points of presence and you had the infrastructure had to be laid down although slow people can dial up and get the internet then obviously the internet got faster and faster. Blockchain is struggling from that scalability performance issues. And so the question is on a public blockchain you got to have the super nodes. You got to have the core infrastructure plumbing nailed. I think Alberto takes that perspective. Then everything else just will flourish from there. So the question is, you know, what are those hurdles look like? And this is where the cloud guys could either be an enabler or they could be a foe against the core community.  Right, just we're going to do our own blockchain as a service, everyone uses it. Here's our token and then a set of sub tokens would have to be coexisting with that. And that could be a good thing, we don't know. This is the discussion. And governments around the world could do the same. The US government could do Fed coin, you know, the Chinese government could do China coin. I mean, what would that do to the prices of cryptocurrencies? I mean, it would send it into a tailspin, you would presume. And you know, it was interesting. Matt, it rose back on your panel last night. I asked the question, will, you know, traditional banks lose control of the payment systems and granted he's biased in his, he was definitive. Yes, absolutely. But the counter argument to that, John, and I love your thoughts on this is the US government and the banks have a lot to lose and they're kind of in bed together and always have been. So one would think with the backing of the US, you know, it's Maid, it's military, et cetera, that they're not just going to let the bank lose control. Now, to his point is why do you need to pay, you know, transaction fees to a bank? But you're paying transaction fees to somebody even in crypto. I think our government in the United States is really asleep at the wheel on this one. And here's why. One of the beautiful things about the internet was it was started, you know, through collaboration in the universities in the United States. The United States enabled the internet to happen. And the Department of Commerce managed it. The domain name system was, you know, managing a very community oriented way. Again, community keyword, you know, postal, let's hit that history as well documented. If people aren't familiar with the history of the domain name system DNS, go check out the Wikipedia research.  And that became sacred and was distributed and funded by the U.S. government. Funded by the U.S. government, but the community managed it. The problem with the U.S. government today is that they are meddling in areas that they actually shouldn't be even playing in. Get the SEC shutting down everything right now just by the threat of subpoenas and the ICO market, which puts the overall country into a handicap position because now the innovation of blockchain and the entrepreneurial innovations happening is stunted. And it's just shifting outside of the United States. So what's happening is the money flow and the energy and activity is so high that that incubation is not happening in the United States. Although a lot of people are working on it.  The capital formation of blockchains different than venture. It's a little, not super different, but you know, somewhat different. But it's happening outside the United States. Certainly the Chinese will be benefit of this. And if the Chinese wanted to shut down blockchain they would have done it by now. They're actually fostering it. And it's an opportunity for someone on the international stage to get a lever in the United States. So that's one. The second thing is they can enable crypto if they wanted to. I think they really should look at that. And I think the banks are central organizations, the World Bank, they're under a lot of pressure. They don't know what to do. So my talk to people, that's the same answer in so many words is the government and the regulators really just don't know what to do. Well, and Matt made the point last night, Matt Rosek, that when he talks to these banks they're talking about using blockchain and they're very excited because they're going to take hundreds of millions of dollars of cost out of their infrastructure and their processes that are just not very efficient and that's going to drop right to the bottom line. And of course they're in the money business so that gets them very excited. His point was that's really not what it's about. Yeah, that's nice, but it's really about transforming the businesses. And that's why I asked the question about banks losing control of the payment systems, opens up a whole new opportunities whether it's financial services, healthcare, automotive and again, to me it comes back to digital which is data plus machine intelligence plus cloud for scale. That you called it, I think at IBM Think, you coined it the innovation sandwich. Data plus machine intelligence plus cloud for scale put that together that is the innovation engine for the next decade plus. The innovation sandwich unlike a wish sandwich where you wish you had some meat in the middle. You know, this is a good point. I mean, let's end this kickoff and get into some interviews here with these really early thought leaders in this new kind of conference. It's the first of its kind, cloud and blockchain and we're going to certainly continue this in Silicon Valley with the CUBE Summit coming up in our events that we do. But I want to, let's get some predictions now because remember, this is the CUBE, everything's going to be out there, it's going to be on the record. So we can look back and say, hey Jay, remember in 2018 when I asked you what's going to happen? So let's get into a prediction. What do you think is going to happen? I'll start and you can think of an answer. So here's my prediction on this whole blockchain world. Not so much crypto or token economics. There's really two predictions. With respect to blockchain, I think you're going to see an exact movement that the cloud market took. And I think it's going to happen in three phases. Phase one is all the energy is going to go into public blockchain and public blockchain will be figured out first and people are going to get excited by the new operating models of blockchain, specifically the decentralization of how that works and the benefits of decentralized blockchain, immutability, no central authority and all the benefits of blockchain. I think it's going to be very rapid growth in the fixing of blockchain speed scale. That's going to happen very quickly and it's going to happen publicly. Then you're going to see private blockchains. You're going to see, you know, on-premises kind of like blockchain, kind of like the cloud and people have on-site kind of private. And then you're going to see a hybrid. The hybrid will look like multi-chain solutions. So this is almost an exact trajectory that cloud computing took because the blockchain feels like a cousin of cloud or a brother or a sister. So it's related but not exactly but I think it's going to the same trajectory. Public, private, hybrid, which is a multi-chain model and I think that's going to be the standards. That's going to be the market track. On the token side, I think you're going to see a couple of key tokens like certainly Bitcoin's not going away. I'd be doubling down on Bitcoin under 6,000 like everything on that. That should hit 20,000 in my opinion. Over the next timeframe. But there's going to be a lot of token integrations. You know, my token integrates with your token and almost natives and secondary tokens kind of blending together where people will coexist tokens on one platform. So it's just too powerful not to have that happen. So that's my prediction. What do you think? I think as it relates to blockchain, I think blockchain becomes on the enterprise, I think it becomes an invisible component of virtually every industry. Every industry has waste, can improve efficiencies and blockchain becomes a way to, whether it's supply chain or settlements or shared ledgers. I mean, there's dozens of applications for them and I think blockchain becomes a fundamental component of a digital infrastructure and it's starting now and I think it's here to stay for many decades and beyond and you won't even see it. It's just going to be there. It's going to become a fundamental part of how we do business. On the token side, very interesting, obviously hard to predict. I think that you're going to see continued volatility, of course, I think that's a safe bet, but I also think it's potentially going to get worse before it gets better. I think there's going to be a shakeout. I think you're going to see, you know, there's continues to be pump and dump scams going on. The US government's getting more aggressive.  So I think it's going to be rocky roads for a while. I think you're going to see a big shakeout, like a big dip. And then I think it's going to power back. I think that crypto is here to stay and it's very, very hard to time these markets. So my advice is just, you know, buy trickle buys on the way down and hold, hold as they say in this world. And I think 10 years from now, it's going to be worth a lot. All right, you got to hear theCUBE. We're in Toronto for the first inaugural cloud and blockchain summit, global cloud and blockchain summit. Of course, part of the big event here in Toronto, the Futurist Conference, which will be there live Wednesday and Thursday, the kickoff is Tuesday night for the opening reception. It's theCUBE coverage. Continuing from blockchain and crypto markets. I'm John Furrier with Dave Vellante. Stay with us for more live coverage here in Toronto.


When I enrolled in WCTC, I knew that I was a woman on a mission and for the people who know me in this room they know that very well. I enrolled because I knew that I wanted to save children and work in IT. So I enrolled in the IT Network Specialist Program to eventually have a computer forensics degree in catching people who possess distribute and exchange child pornography on the internet. What I did not know, however, is that when I entered WCTC the amount of success that I would have, I knew I had motivation and drive to do what I wanted to do. I did not know that I would eventually be inducted into to honor societies, that I would become a president of a club that went from 15 members to 60 members. I would complete over 12 service learning projects that went anywhere from upgrading a wireless network to building websites for nonprofit organizations that offer services to people with disabilities who want to work in IT. I also became the student government president. I did it all in stilettles with two kids and a 3.8. I did not know there was an entire system that has an amazing group of people and it's not just WCTC. I've heard every other ambassador in this room talk about the amazing support and staff and I don't think it's just my college or Fox Valley tech even though they're great too. I don't think it's just specific to one This really is a great group of people who support their students and want to see them succeed.


Now the Commander National Drug Law Enforcement Agency and the LEA Mohammed Ibrahim has raised concerns about a recent survey released by the United Nations Office on Drugs in Crime, which puts prevalence rate of drug abuse in a country at 14.3%, translating to 15% of Nigerians who have abused drugs in the last one year. Ibrahim Wah reacts into the reports called on traditional and religious leaders in the country to take the leading combat in the menace. As you speak, the recent and most current survey that was conducted by UNODC on substances in Nigeria puts it at prevalence of 40.3%. That's nearly 50% of Nigerians who must have used drugs in the past one year. It was released in 2019-2020. We choose one out of every seven Nigerians is on drugs. But I won't believe that Nigeria is still trying, but there is more for us to do. The same survey put parasites at prevalence of about 14%. This needs an urgent action. We cannot be sleeping. If we don't do anything now, the time will come that we'll be looking for our children to fit the position. May Allah forgive that. I need you to talk to your subjects, to equally give us that support. Reacting to the emir of Ibrahim Sulu-Gambari, who is also the chairman of the Quora State Traditional Council pledges the support of traditional institutions in the state in ongoing fights against drug abuse. The Quora NDLEA commander also reaffirmed the command's commitment to tackling the menace of drug abuse in the state.


Good afternoon. Welcome. For the next 45 minutes, we're going to be exploring what happens if we try something crazy. What happens if we try scaling down? Because if individuals and interactions are more important than tools and processes, then the question becomes, are there practices that individuals can do as an expression of our mindset grounded in our frameworks that can help improve our interactions? So I'm going to put a quick journaling exercise up on the screen. I invite you to try. These are two questions. I have pens. I can toss if anybody needs something to write with. This is for you. We're going to write these down, give you one minute, and go. Need a pen? Anybody else? Good. You're going to need it again in a little bit. Not a demonstration of my throwing skills, for sure. OK. So that was a form of retrospective, scrum of one style. How did it feel? I want you to know that the material we're going to share is based on experience, lived experience, and it's a work in progress. It's a set of practices that are suggestions, an attempt to remember and to embody some core fundamentals through a bit of repurposing and playing with scale. I happen to know a group of people, and some of you in this room might belong to this group. I know for a fact there's at least one, who tend to function as a cross-functional team inside of one headspace. And that's professional artists. Do we know the book Artful Making? What managers need to know about how artists work? The author, Lee Devon, sends his love. I spoke with him last night. His message was directed towards managers. And as we've heard through some of the sessions earlier today, and as we know, in the past decade, since the book was published in 2003, the whole ground of management is shifting under our feet. There's this whole flattening, this self-organizing poll happening in organizations. And so there's not just one single class of knowledge workers that needs to be concerned with management issues anymore. It's a matter of personal responsibility, leadership. So returning to the subject of artful making and looking at how artists work can be about self-management and personal responsibility and leadership. So we're in the space between art and business. And I have to say, I really appreciate the Agile India Conference placing such a value on the arts because it is a powerful thing. I've dedicated myself to helping artists get resources because I believe that their creativity and their diversity help make the world safer for everyone. And isn't that what we want? Isn't that kind of the gist of Agile culture and a nutshell, safety and innovation? So here's another exercise, a backlog if you will. I'd like you to write down, invite you to write down these three things I like, I wish or I need, and I wonder. I have another pen. Underhand, that's worked a lot better. So this one will be two minutes. I have to thank Ashkay Fathari for his framework for constructive feedback. I like, I wish, I wonder. I use it a lot. Right now in the present moment focusing, the I wish I need could refer to a future state. But that's right. Not to overthink, just a source of inspiration. So I help artists become lean entrepreneurs and do that through a project storefronts program in New Haven, Connecticut and a few other venues. But I believe they already are. In fact, artists can be considered the world's indigenous lean entrepreneurs because there's a constant integration between creative goals and business goals. There's the ability to do a lot with very, very little to leverage resources. I would even say that artists have the ability to make something from nothing. They're into failing fast, failing hard, failing frequently, seeing what works, inspecting the results, and relying on feedback, but being very selective about where that feedback comes from, finding the right sources of feedback. And all of this lean thinking fuels an incredible trust in the emergent outcome. It's the ability to face the walls of the dance studio, the blank page, the operating budget, and approach those things as a container, knowing that they will be filled in with the right thing. It's that deep level trust in emergence itself, trusting the process that I find inspiring in artists. And we're all navigating the risky, uncertain territory between the possibility of someone getting what they want and all the odds that are stacked against it. So that's why Scrum of One, it's a place to practice. So these are the Scrum events. And we've scaled them for one in the following slides. Planning, first step is time boxing, right? The simplest way for one person to practice the time box is to set a date and publish it. When an arts group has opening night, it doesn't get moved. It's opening night. And Dave Leiden of the Street Plans Collaborative calls this blackmailing yourself, and it works. Setting a date, publishing it. This art, by the way, I would dominate as a meme for time boxing. It's by an artist named Amy Bach, and she collected on a daily basis with regularity, drier lint. So another practice for planning at the one person scale is mapping the blanks. It's those known unknowns that sometimes get away from us. So making sure that those are all mapped out creates a kind of container to be alert for the serendipity of how to get hold of that information that we need, that we know that we need. Ethan Zuckerman talks about engineering, serendipity. What a cool phrase, right? It's creating the conditions necessary for unexpected but helpful opportunities to happen at a higher than random rate. So thank my friend, Juergen Deschmet, for tweeting about it a few days ago. So mapping the blanks, part of engineering serendipity. So the daily scrum, right? That's a simple one. What have I done in the past 24 hours? What am I going to do in the next 24 hours? Where am I blocked? That can easily be a daily journal exercise focusing on what's important to you. And one word about blocks. One of my artist friends, Rashmi, says behind every complaint there's a request. We know this when we're dealing with other people, but when we hear ourselves complain, maybe there's something to go on that backlog, something in the I wish or I need or I wonder category that can help. Sprint reviews. The act of looking is an act of leadership. Where we put our gaze carries weight. And how we see, invite others to see what we're seeing. This is a form of curation.  And we're gonna practice that now in the spirit of sprint review of looking at work. I have some work in the front six tables. Now, people who aren't at these front six tables are still gonna have a role in this exercise, but if some people wanna come up and fill some of the spots in these front six tables, that would be cool. You'll see there are some postcards. There's three postcards on the front six tables. And again, anyone who's not in the front six tables will have a role in this exercise, so just stay tuned. Before I have you flip the cards over, just wanna, it's okay. Trying to follow me, I get it. I wanted to point out one contrasting terminology from art history, from art school. We mainly look at form, color, and shape. When I do opening your curatorial eye exercises and workshops with people, we look at form, color, and shape. But we're gonna look at form first now. Just the basic contrast, the most basic, is between geometric and organic, right? The mathematical shapes that are precise and the more fluid lines that we see in nature. So, the idea is, at the front six tables, these are postcards from the Yale Art Gallery. If you'll flip them over, look at that idea of form in those three postcards, they're all random. And see what you see. See what you like, see what you notice. See what falls into the organic versus geometric category. Talk about it, feel free to talk about it, and if you see any relationships, you can talk about, just self-organize how you do it. We're gonna take five minutes, you can talk about each card individually, the relationships among them. You have your own little art exhibition. There's still a few seats, if anybody in the back is feeling lonely and wants to come up, but I'll have a job for you in a minute. If you're just coming in, you're gonna have a role in a moment, the front six tables are working on a little curation exercise. Okay, so you're halfway through. Another two and a half minutes to look at the form. And if there's one that just doesn't fit, there might be two that you find relate with each other and one that just doesn't quite fit or doesn't fit as well. And by relate, that doesn't mean they're the same or similar, it just means there's some sort of relationship that you notice that's satisfying. So when you have the one that doesn't quite fit or doesn't quite fit as well, why don't you put it off on the side? Those will be the orphans. So you've taken two, curated them together, set one off to the side so that someone, so that someone walking around the tables can easily see separate from everything else on the table. Which one is your orphan card? Yeah? Keep the other two. The beauty is there's no particular right answer. It's yours. So, okay, front six tables. You good? Can I see thumbs up when you're settled with your, okay, great, great. Now the rest of you can get into the action. We need completion of this curatorial process. I invite you to come up and circulate around the front six tables and pick up one of those orphan cards and take it to a table where it fits better, where it relates better. And you can ask the table. The table has to agree to accept it, but find a home for these orphans. Yeah, we're gonna take at least five minutes for this, so it's not a rush. Yeah, the people from the back will come through and circulate. They'll see which one you've set aside. And they'll check out all the other tables and find a good home for it. And talk about why. Talk about what you see in the form. A new orphan. All right, it's amazing when you add one element, how it changes the relationships you've already established. Yes? I don't see anyone walking around with cards anymore. Result? The bell is rung. So what happened? What's that? You set up a relationship and then it destabilizes and restabilizes, you go through several cycles of that. So congratulations, you've curated an art exhibition. It probably wasn't on your list of things to do today, but that act of curation is a unique form of communicating, showing people the relationships that you see and knowing that it's all provisional, right? All of those relationships, just like at work, what we think is cohesive can change in a minute with the addition of one additional element. And staying alert and being able to talk about what we see. So self retrospectives, I started the demo with the question about what you've done today that you wish to repeat. Does anybody wanna share their answer? Yes? That sounds, that sounds repeatable. Yes? Who else has things that they want to repeat? You wanna share? Same exercise, but different, better cards, right? I'll go back and shop at Yale some more. Yes, Bernard? It's a good question to ask every day and the list gets longer. So another thing about retrospectives, I'm gonna segue here to how I use some of the scrum of one practices and material in my relationships with clients, most of whom have no clue about Agile until they meet me. Is putting it in the agreement as a deliverable that we're going to do a retrospective. I like to accept work projects with the expectation that we're going to set aside time to talk about the process and how it felt, how we can do better next time. In some non-profit organizations that are very stressed for time, that's just the first thing that gets cut is that meta conversation about the work itself. So I make it a deliverable show that it's important.  The project routines and disciplines don't come easily all the time to artists, but when you look at art history, there's often been a person off to the side filling that disciplinarian role. Jackson Pollock's wife or Vincent Van Gogh's brother Theo, but being the cross-functional team inside one headspace, the artist has to take and absorb and do that themselves and different people have different tricks and tips that they've tried that they share with each other as far as setting up project routines and disciplines. And protecting the team from interruptions, the team being the creative process, the emergent process that needs to be protected from outside interruptions. Because saying yes to something and making a commitment, we know it, right? The scrum master has to do this too, is means saying no to other things. And so that's a whole exercise in itself, is expanding the vocabulary of ways to say no in order to protect commitments, in order to make sure that your yes really means something. So Lee Devon talks about the given circumstances in a situation, it's big on plot, revealing itself. So the given circumstances here are that your work plate is full, someone asks you for help, makes you a tempting offer, but you know if you say yes, you will not be able to fulfill current commitments to quality standards. So how do you handle this? What's your approach? We're gonna divide the room half into askers. Think of how you can ask somebody for help or make them a tempting offer. And the other half will be responders, and then we'll switch. So why don't we take these four tables, these front four tables, look pretty full? Anyway, one side of the room, the other side of the room, self-organize. When you have your two halves, then we'll start the exercise. No, we're just gonna split the room into two halves, and then we're gonna mix and mingle and have askers find responders. So if you guys can just get up out of your chairs and part the Red Seas, so we have basically two equal halves of the room, that would be great. Just take a minute to notice who's who. And yeah, that's good. The responders could stay seated. That makes sense. That way you know. Yeah, responders can have a seat and askers go to town on them, see how they say no, and you must say no. That's part of the exercise. It's charged sometimes. I don't know, some people don't have a problem with it, but go askers. I invite you to walk across the room and start making tempting offers and asking people for help. Anybody who's seated.  Yeah. Okay, half a minute more, we're gonna switch. Okay. I'm gonna be seated now, and if it's not a customer or the boss, it's easy to say no. This half of the room that was seated, now you're the askers. Go to town on them, weedle them. Well, so be clients or bosses. So the askers, be clients or bosses, because those are the hardest people to say no to, right? Okay. You've got the answer? Fun saying no. This is where we expand our vocabulary a bit. Did you come up with anything new or hear anything new about ways to say no, that straight out deception. I like I'm not prepared. Somehow they think I'm going to prepare soon, even if I don't say it. Other ways? Yes? Are those the evil requests of sharing, skating, and driving the day? And we in fact responded that if you respond, it'll be very awkward to you. Huh? You don't want it in the first place, trust me. That's a good one. You just expanded my inventory. Other way, yes? Find a way to share a resource that doesn't cost you. Because the iron triangle of the solopreneur, right, is cash, headspace, and time. Yeah. Other way, yes? So you kind of compromise. The request became smaller and smaller. I have a newborn again. So the point being that when we do these things, that sometimes feel charged or difficult, it's protective. It's the flip side of saying yes to what we've committed to and what's the tension of the exercise is to expand your inventory for ways to say no when you need to say no. When your plate is full and it's important to protect, to be your own scrum master. Genuine reasons for not coming out. Well, it's something to practice. I really like I'm not prepared to do that. Yeah, I'd love to help. I simply don't have time or I wouldn't be able to fulfill my current commitment. I always say when anybody comes at me with three different reasons why they can't do something, one excuse will do just fine. Identifying your product owner, finding one person who's responsible for accepting the work, prioritizing Kurt Vonnegut in his creative writing 101 rules says write for just one person. Because when you open the windows and make love to the world, your story gets pneumonia. So the idea, again and again, I get asked to have a committee be the one ratifying my work in my working agreements and I have to kind of negotiate that and help the client understand that we're minimizing risk on the project if there's just one person because if it's a committee, what if they don't agree and that can be an impediment to the project. So identifying that product owner and then identifying with the product owner. Product owners need love, I believe. I like to set aside regular time to make sure that there's a free enough exchange of thoughts and feelings and ideas about what it's gonna take to get done that I can identify with them.  And I like this word flossom. It's like awesome, but with flaws because it's really not a matter of if we're gonna have mistakes and flaws, right? It really is a matter of when. And I believe that 100% of the effort of hiding flaws is waste. 100%. I mean, they're there. So be flossom, invite reaction. I like to let people know what my standards are for technical excellence and invite them to help point out problems and difficulties. There's two particular patterns. There's an art critique model for giving feedback and there's a whole exercise about it. It's gonna be my next blog post. So if you want more details, I'm gonna invite you to come and visit my blog. But pretty picture syndrome. That's when something is technically perfect, but still mediocre. It happens. It's one of those things you know tacitly when it's happening. Pretty picture syndrome. It's technically perfect, but it's still mediocre. And another beautiful work, shoddy frame, right? You just put as much effort into following through on the presentation. So I always thank people for their reaction because it's important even just to, my artist friend Rashmi again says just to make someone feel is a good thing. Keep the relationship alive. So the artists I talk with are dedicated to being lovers of reality. It's one of the dangers of practicing. Scrum of one practices, right? You get to be a lover of reality. And Scrum is an empirical process. It's about recognizing seeing what is if we're gonna make the journey across all the risk and uncertainty to what we want. We have to open our eyes and get in touch with what is. So there's a many, many focusing exercises out there and it's good to have your own and we know this. But even at work going into a difficult meeting or making a decision, having that minute to focus first. And there's a focusing exercise that I do with clients too that goes back to that set of given circumstances. It's outlined, I left a few sprinkled around on the tables, a few templates for a working agreement I use with clients who have no idea about Agile. But it's structured in a way that can support agility for the project. At least it's working out okay. It can always be perfected. But take a look, give me feedback, I'd be interested. But there's a context section at the top. And that's that getting in touch with reality with the client upfront. Creating a shared context out of which the work can emerge. It's got sections for the organization. This particular moment in time, what's happening now for the organization? The cast of characters, who's involved? And then my approach or inclination within that given set of circumstances. Sure. For a fixed price engagement, try it and see. Most of the time I use it, it's in as a fixed price. Yeah. I'm not delivering software, I'm delivering written deliverables which I believe are a kind of code, deploying writing that's supposed to do something in the world, but. But you do this in place? Yeah, I usually, usually, yeah. I don't sell my time, I sell the value. So just a couple wrap up thoughts on what might happen if you're practicing scrum as an individual or scrum of one. Believe me, I'm not trying to co-opt and run off and create some package. It's more the thought of what if, what if we try scaling down just to loosen up all that tight energy around the whole conversation about scaling up. Just move it in the other direction, see what happens, that's what this is about. So you might start to seek out uncomfortable truths at every opportunity. No one, organizations and colleagues that will just tell you what you wanna hear or only wanna listen to what they wanna hear, that's not how trust develops, right? I love it when I get to work with people who wanna work with me, not because of any particular methodology or bag of tricks, but because there's that vibe, that individuals and their interactions are working, they're gelling and we know that we're gonna listen to each other and we're gonna seek out uncomfortable truths and not shrink from them. And introspection is always an important thing and artists certainly model that for us, right? Being in touch with what is, doing what we can to stay that way and then introspecting and bringing back to it what we find, what we find to be true about ourselves. Who knows, they're Myers-Briggs? Yeah, so are there other things that you know about yourself, like if you like to, if left to your own devices, if you don't have to get up in the middle of the night to have a conference call with a remote team, do you work better in the morning or the evening? We know this kind of stuff about ourselves, right? So these things can be either constraints or simply useful information as we structure projects. Gonna end with a quote here and then we'll take some questions or discussion if you like, those who dream by night in the dusty recesses of their minds wake in the day to find that all was vanity. But the dreamers of the day are dangerous people for they may act their dream with open eyes and make it possible. So scrum is sometimes described as the art of the possible and I get inspired by artists all the time about what's possible, so thank you. And this is, I wanna thank the artists who contributed through workshops and speaking with me over the past year since I got this crazy idea. Independent Software is a team at my co-work space in New Haven, Connecticut. They partially sponsored me to come. Here's Twitter and my blog and my co-work space, The Grove. And I love to hang out so we can talk by video at any point if you like. So thank you very much for coming and I hope you got value.


On top of that, we've got our body armour and our leg grip, our leg grip in. So working in their threes, one person will move to the back while the other two face forward and provide cover onto the beach head.


Hello and welcome to the session. I am Deepika here. Let's discuss a question. Find the value of the following cos inverse 1 by 2 plus 2 sin inverse 1 by 2. So let's start the solution for principle value of cos inverse 1 by 2. So we have of cos inverse 1 by 2 is equal to pi by 3 because the range of closed intervals 0 to pi and equal to 1 by 2. Therefore, the value of cos inverse 1 by 2 is equal to pi by 3. Similarly, we will find the value of sin inverse 1 by 2. So the principle value of sin inverse 1 by 2 is equal to pi by 6 because the range of minus pi by 2 to pi by 2 is equal to of sin inverse 1 by 2 is equal to pi by 6. Now, therefore, the value of cos inverse by 6. So we have this is this is equal to pi by 3 plus pi by 3 which is equal to 2 pi by 3. Therefore, the value of cos inverse 1 by 2 plus 2 sin inverse 1 by 2 is 2 pi by 3 and this is our answer for the above question. I hope the question is clear to you.


Glutathione's physiological roles have expanded over the years, including nutrient metabolism, antioxidant defense, and regulation of cellular functions such as gene expression, DNA and protein synthesis, signal transduction, cell proliferation, and apoptosis. This review focuses on Glutathione's role in cell signaling by analyzing its ability to modulate nitroxidative stress, autophagy, and viral infection. This article was authored by Katia Iaquilano, Sarah E. Baldelli, and Maria Rosa E. Cerriolo.


That's forgiven away by Blackwell, and they've got a man committed upfield now. And here's Adam Smith leading the charge. Danjouma left corner of the penalty area. Arnaud Danjouma in the box, onto his right foot! Oh, Magnificent! A drastic strike from the Cherries pre-season informant. And the Dutchman has his first competitive Bournemouth goal, and they're back in front for the third time. 3-2. There's Gosling, wins it back in the Cherries midfield, and now opportunities again for Bournemouth. Gosling goes himself! Oh, it's another cracker! Back into the game, and the best of the lot so far! A 25-yard strike on the hour, puts the Cherries into clear water here, against the Sky Blues, 3-1 up. For the box and Brooks, opportunity to get out of his feet. It comes back to Lewis Cook. No room to shoot. Yes, there is Lewis Cook! We're in the seventh minute of the second half, and I'll fire this one in towards the danger zone! Over at track suit toppers, the ball is with Danjouma here, approaching the Crawley penalty area. Joshua King's backflip. Jack Wilson with a shot! Of course, you can write the script. In his first FA Cup appearance since the 2015 final, scores his first goal for the best part of three years, just the ninth of his long career, and his first in Bournemouth colours. It will mean the world to Jack Wilshire. And here's Sanchez, just outside the penalty area. Turns away from Kelly. Challenge came in from Kelly to win the ball, and now Birmingham have committed men upfield, and Danjouma tries to exploit it down this near side. Kelly wants it played on. Danjouma hurdles the challenge of San Jose. Still going, but red shirts run away from him. Now here's Brooks, the Cherries have got a man over. Here it is, it's Adam Smith. Takes a touch, dinks it to the back post. Wilshire with a header, into the backers! Wilshire's first lead goal has come on a crucial time for the Cherries. Each is in his career, but on 61 minutes, it's his. Left-hand side level with a penalty area. Danjouma faced by the two defenders. It's towards Billy! Goal of the season, and Bournemouth first block. What a fantastic goal that was. Here in the first half, Surridge off the bench with the equaliser in the second. The Cherries had a goal disallowed. Dominic Solanke tackled it on the goal line for offside in the first half. Here's Danjouma, edge of the D. Pulls the trigger from distance and finds the top corner! What a strike from Arnold Danjouma! Magic! And Bournemouth are spinning the decks, playing the tunes at Norwich's promotion party. Well, from a Bournemouth point of view, I think we may just have seen one of the goals of the season.


I have been using the implant for nearly a year and it's been a good year. When I first lost my hearing I was quite scared. I isolated myself dramatically so the people that I interacted with were mostly my family and close friends. Communication at that time was difficult. Especially in social engagements where you don't want to be rude, everyone's smiling and laughing and so you would smile and laugh along with them, but you have no idea what's going on. I've probably tried to help Theresa in the practical ways of helping her to communicate on the phone and helping her interact without trying to be too overbearing whilst doing that so that she could also maintain a bit of independence and confidence. Being diagnosed in October and then I didn't have the implant until the following August. So it was almost a year, especially when I wasn't getting much benefit from hearing aids. It was a year of no work, no social engagement and being very isolated was a very hard time for me. Since she left high school that's what she's wanted to do so she's derived a lot of her sense of purpose from pharmacy and that profession. I had to quit my job where I was working in the Sunshine Coast. There's a lot of risk involved especially with being a pharmacist if you can't understand someone. There's a lot of error that's there so if I'm misdiagnosed or don't hear the right name of a medication that's a lot of risk for an employer to have. She's gone from anxiety about actually dealing with people because she was nervous about that interaction and how she would perform and function and be able to handle it to now she's just started to work in different places and she's now confident to actually do that from a professional thing as well as a personal one. So yeah the changes have been dramatic, it's been good. My switch on day actually came about quite quickly. I wasn't expecting to be switched on for another week so it was pushed forward a week because I healed so quickly and things were going really well and when I got switched on just little noises like people breathing and the shuffling of paper on the desk was probably the thing that sort of made me jump a little bit and to hear Alice properly for the first time, my audiologist, that was a surprise. It was a good day, I cried a little and yeah I just didn't want to have too high of expectations but I think it ended up exceeding them so it was good. Everyone wanted to know what it sounded like and just trying to describe to people what it sounded like was a little bit electronic and the best example I could give was Stephen Hawking and everyone told me, especially Alice, my audiologist, she said that it will get better and I sort of didn't believe her in the beginning. I thought this is just what it's going to be but I started to notice that people who I was constantly in contact with like my mum and my partner started to sound more normal, started to sound like themselves and Alice kept saying to me, practice, practice, practice. So I would just listen to music, go to the cafe and just go about my normal activities that I enjoyed and eventually after a few months things just started to sound normal. I could tell cars were cars and bikes were bikes and everyone started to sound normal. I've started to attend Zumba classes. I've told the instructor that I have a cochlear implant and after like my first few classes they said, we don't even notice. And I don't notice either. I can follow it, understand it, enjoy it. It's great. Anyone that's told for the first time that Theresa has a cochlear implant, they're first the face of surprise and then they're always a little bit, oh really? There's never an assumption because they would never assume that there is any impairment at all there. I was actually really nervous about going to the cinemas and I put it off and I put it off. My friend took me and we didn't have the telecoil system but I ended up not needing it at all and I could enjoy the movie. I could understand there was no subtitles and that was a happy moment. I really enjoyed that. So I've gone to the movies several times since. Yeah. You know, very enormously proud of her. Yeah.


I'll catch you in the morning. We're gonna work out and then JK news.  I can't think love you. Have a good night Yeah, he picks for your feet. Yeah Yeah, but it's cool you go to the side and he'll pay you to watch yeah, who do you think would actually pay me? Someone like brought that up.  It was just like an actual island boy And he was like Do you show your feet on purpose? What is every culture, but Americans say that I mean I have a friend from South Africa and she says that I have a friend from Whatever and they're like, yeah, like we're always barefoot Americans are weird. They go to sleep with shoes on. Okay, you watch I don't know a single human that sleeps with their shoe Shows that they jump on bed with their shoes on or they're like laying on the couch Lane on the couch Mike you're not white for first see when the argument that wins with you guys I'm white when the arguments against me I'm not white anymore.  It's white Middle-eastern's never seen their carpet and it's white the whole time Oh shoes, I don't do that either, but I don't think it's a cultural thing.  Rogers is a G I heard that movie so good I don't know, but I just heard like the story of mr. Rogers Well, that one is this one that just came all the time. Thanks. He was like getting prostitutes inside it Oh, well, then maybe not who's he actually? Dude Why don't you be my neighbor? What is You miss one for 12 years and you just decided this last month to work on your squad Rate it as zero to ten and then rate mine. We're talking beauty Beauty only Pretty Oh So many days will just be barbell a squat a bench and then deadlift and then the other days are more like the end of your work So just take that work out and kind of push So some days powerlifting some days kind of bodybuilder. Yeah, yeah more dumbbells mostly just for my mental So don't get bored. Yeah, so if I just borrow I'm in power lift for 12 years So like you just squat every day or every other day I'm just like man So to give me kind of going just to like be healthy really yeah I'll split it up almost pure barbell and then I don't want to touch a barber. I'm gonna go do something else Just kind of keep the variety. Yeah. Yeah. Yeah. I got like two days Mondays It's more of my kind of powerlifting more strength and conditioning Wednesdays where my body building and then Friday is my People always talk about like what's optimal like who at some point who cares because I could write you the most perfect program Although optimals like like it's kind of perfectionist was not even it's like it's like a goal You can never reach Because to be actually optimal you have to make there's there's information aspects of your life, right? Yeah, it's impossible. It's impossible even in the gym Who knows if you need three reps or four you don't yeah, right? You do a good enough amount of work But what's most important is that like you could do it for ten years if you can do it for ten years You're gonna get better But if you have the most optimal program you only follow for a week or my program that's just kind of made up I'm gonna get better back in a guy Here's a little wet Days like this. I uh, I'm a two shower guy to yeah two-day shower guy Back at home Depending if it's summer or not, it'll be a two-day shower guy, but sometimes keep this between us Sometimes I don't shower before I go to work Because I'll shower at night. So I'll work out me it will work all morning I'm not stinky and then I'll work out and then I'll go home and shower and then sometimes I'll even shower at night So still two-day shower but once like afternoon was nighttime and then wake up clean I heard once that like dudes dudes shower at night ladies shower in the morning They like surveyed folks and that's just how it go When I'm chilling in the morning, I could do it if I can like sit down on my desk have some coffee Then I shower then I get ready When I'm opening the gym, I just kind of jam long story short I showered this morning because when I create a lot of content I like to kind of be on you know, we did a barber brigade obviously the vlog for y'all We did a barber brigade shoot yesterday in the day So I like to wake up with a shower and some caffeine and now we're gonna go shoot JK news And I like to shower to get my head right get my body right I think it's an old habit when everyone kind of feels better after shower I think you always feel a little fresher But it's old habit from basketball days I used to shower before practice and games kind of wake up get your mind right just kind of part of routine Good workout heavy some heavy poles.  I always feel drained afterwards in like a good way But same with like podcasting long Because you want to be Like quick hits not always funny But you got to always like think ahead and so my brain is like going like this My brain is kind of going like that all the time. Anyways, maybe that's why I'm always so tired But yeah, a lot of concentration going on So little caffeine a little coffee JK Newsday. This may be the end of the vlog Who knows we might be able to hit some clips in there, but I appreciate you guys for watching Vlogs coming on the way. It's good good to be back in LA. Although. It's not my favorite city Hold some of my favorite people some of my favorite memories and especially Barbara We'll get always have a special spot in my heart. So LA living man appreciate you brand new vlogs weekly