Expiry Strategy 31Oct2019: Sell 10600 Put @ 28.Recent announcement from FM helped the index to witness breakout from consolidation phase of 10700 to 11200 levels.
MACD confirms the positive momentum.
Expect this month expiry would be above 10600 levels. Sell 10600 31Oct2019 put at 28 levels. Lot size: 75
Search in ideas for "OPTIONS"
Maruti suzuki looks a good buy at current price The view is taken based on candle sticks and price action and candle pattern the postional trade
Time frames used 1day and 4hrs my
1st target -7000 and 2nd target - 7200
Maruti. Can be good buy to know more about options stratiges how to buy can ask no naked position in future or options.
Reliance 1100 PE Vega Trade - Channel BetSell Reliance 1100 PE at 12
We managed to close at the very bottom of it from the previous trade Now, this is time to rebound back.
But there is too much volatility due to trump and China and RBI. So we are selling put options. You can long futures with a stop loss or do a protected options trade
Expiry Strategy: Sell Dec 90 Call @ 0.5Moving average cross over confirms the continuity of bearish trend. As well, MACD signals that bulls would find very challenging to hold the high in near term. Expect it would stay below 90 level for Dec series. By considering the lesser liquidity, suggesting option investors to execute the order above 0.5
HDFC BANK STRANGLE OPTION TRADING STRATEGYHDFC BANK STRANGLE OPTION TRADING STRATEGY
I DONOT CARE FOR THE RESULT IN WHICH DIRECTION IT WILL
GO.
I AM CONCERNED REGARDING MAKING MONEY AS I AM SCALPER
WHEN IT COMES TO TRADING RESULTS.
HERE WE ARE BUYING BOTH THE PUT AND THE CALL OPTION
BUY 2140 PUT OPTION @12
BUY 2260 CALL OPTION @11.8
BREAKEVEN=23.8
TARGET MIN-30/MAX:33
QTY:
PUT:1000
CALL:1000
MY VIEW:
THERE CAN BE HEAVY PROFIT BOOKING IN THE STOCK
IN CASE OF ANY MISS IN THE ESTIMATES I EXPECT 4%-5%
MOVEMENT.
NOTE:
EXPIRY NEXT WEEK
TRADE ONLY FOR MONDAY
Suntv Swing Trade - Strangle Idea The risk and reward are pretty awesome. Suntv made a small green candle after huge blood in the last month.
But there is a huge resistance at 800, 820 and 840 call options. So, if you are buying, please sell 840 call options with it immediately too. There is a high chance it is a dead cat bounce and can fall even more.
Or, it can consolidate due to the huge OI resistance.
The best idea hence is to Short 760 PE and Short 840 CE. Close at 75% gain.
#BANKNIFTY Priceaction & Retracement analysisLast week we discussed that banknifty is likely to consolidate in a range and advised to trade the range mostly by selling options. This has played out pretty well.
Looks like 25500 is a good base , both from price action and option OI. Based on that can take long positions with 25450 as stops as mentioned last time. Or keep hedged options long. one strategy could be to take butterfly long positions based on this view
Index Analysis
Disclaimer: My videos, presentations, and writing are only for educational purposes and are not intended as investment advice. I cannot guarantee the accuracy of any information provided.
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INDIAVIX_IS IN UPTREND_BOUNCE FROM FIB LEVELIndia VIX is critical for understanding market choppiness before investing. Since all significant directional market movements are preceded by market choppiness, India VIX plays a crucial role in determining the confidence or fear of the investors.
A lower VIX signifies low volatility and a stable range for the asset price.
A higher VIX implies high volatility and a lack of confidence among investors to trade in the current market range. Usually, it is an indication of a significant directional movement in the market marked with the broadening of the current range.
Volatility and India VIX share a positive correlation, which means when volatility is high, the value of India VIX is also high. For example, in the pre-COVID situation, India VIX was significantly low at below 30 since 2014, indicating stability. But since the outbreak of the pandemic, India VIX value reached 50. During the same period, the equity index lost nearly 40% of its value and traded at the 8000 level.
However, a crucial point to remember is that India VIX doesn’t indicate trend direction. It only captures rising or falling volatility factors. Hence, investors with higher exposure to equities keep a close watch on India VIX’s value.
There are instances of extreme volatility and periods when the market moved in a tight range. But India VIX has a tendency to fall back to its mean, between 15-35. There can also be a situation when India VIX reaches zero. In this situation, the index can either double or come to zero.
Planning trade around VIX
VIX measures near term volatility for a period of 30 days. Hence, it uses options with the current month expiry and next month for calculation. It assumes that option premium at the strike price as NIFTY is a reflection of the implied volatility of the overall market.
India VIX considers averaging the order book of NIFTY options as a good measure of market volatility. It uses a complex statistical formula, which you don’t need to learn. But you must understand what it implies to plan trades.
For day traders, India VIX offers a good measure of market risk. It gives traders an idea of when stock prices go up or down when market volatility changes. For example, when the VIX value rises, intraday traders run the risk of triggering their stop loss level. Accordingly, they can reduce their leverage or increase stop loss.
Long term investors don’t bother about short term volatility, but in the long run, rising India VIX gives a fair measure of increasing uncertainties when institutional investors can raise their hedge by going heavy on put options to play the market.
Options traders depend heavily on the volatility metrics for buy and sell decisions. For instance, when volatility rises, options become more valuable and rewarding for buyers. Conversely, in times of low volatility, options tend to lose their value as they reach the expiry.
There are few ways to trade volatility. Traders can buy straddles or strangles when market volatility rises. But this trading strategy is expensive. Hence, as an alternative, one can go heavy on futures on the VIX index without worrying about market direction.
India VIX and NIFTY share a negative correlation. When plotted on a timeline of nine years since the inception of VIX, NIFTY reflected an opposite movement. Hence, when the VIX value is low, NIFTY rises and vis-a-vis. It gives investors a fair idea of market behaviour.
When India VIX value peaks, portfolio and mutual fund managers increase their exposure in high Beta portfolios. Similarly, they would select low Beta stocks when the VIX value is low.
India VIX is critical for options writers. High VIX value presents options writers with an opportunity of unlimited risk and limited rewards (premium). As the market passes through a phase of high volatility, out of money options contracts can turn into an at the money or even in the money contracts in a matter of few trading sessions.
Conclusion
India VIX is a volatility index to measure the market’s expectation of volatility. It is a powerful tool to gauge the expected price movement of stocks. Historically, high VIX values were followed by a significant shift in share price and indices. It also plays a critical role in determining derivative contract prices and premiums.
Now that you have learned about India VIX meaning go ahead trade with confidence.
28 Mar ’24 — Nifty up 5415pts 32% this FY Investors beat tradersNifty Analysis - Stance Bullish ⬆️
Recap from yesterday: “We are still hanging on to the inverse head and shoulders pattern and strongly hope we should have some movement to the 22295 levels by tomorrow.”
4mts chart
Unbelievable intraday price action by Nifty50 today. A rise of 369 points ~ 1.67% and then a sharp fall of 250 points ~ 1.11%. This highly volatile price movement is largely attributed to the year-end rebalancing by the mutual funds both DIIs and FIIs.
What a fantastic financial year it has been for the investors. Nifty is up 32% ie 5415 points in the current financial year. If you look back and assess objectively, it is way above the average returns made by intraday traders. I can vouch for that as my personal returns are not more than 14 to 16% in this period.
Just imagine that, a normal investor who either did the SIP or lumpsum beat an active intraday trader. The former would have gone for a regular job or business and got an additional income whereas the latter would have spent every day (blood, sweat, and tears) in front of the trading terminal and end up underperforming.
These numbers are more than enough to drive away the traders - why take the pain if investing is giving above-average returns?
One thing is 100% sure, things will not remain like this forever. Benchmarks cannot give 30%+ returns every year if you are counting on that - it is a recipe for disaster.
Nifty almost took out the All-time highs today and ended up falling 10pts short. The inverse head and shoulders pattern played out and gave good results. My personal trades today were a total disaster. I was short 22400 CE, rolled up to 22450 CE, and then rolled over to the next weekly as the market was aggressively moving against me. Had to book back-to-back losses. After exiting the 22400 CE by stop loss, it went up another 2244% - totally crazy. And just check what happened in the last 45 minutes - we gave away 250 points. Meanwhile, I decided not to run the Algo’s today and stick with manual trades. If I had gone with the Algos, my entire March month earnings would have been washed out. In the end, made peace with whatever happened during the day. When we start trading on 1st April, we will start with a bullish stance.
1D chart
Bank Nifty Strong move!!
As per trend analysis Bank nifty has seen bounce earlier in March'23 and November'23 it works as powerfull support given big moves in longer time.
Also trend also comfirms that buyers are still intact to make bounce in addtion to that we can see a wick reversal pattern is also seen on daily time frame.
Which also confirms buyer strength and also bank nifty has hold tightly on 25th Jan'24. which can lead a goods movement day keeps eyes on opening of Bank Nifty.
On Smaller time frame buyer have tried to make movement in last hour which also give hint for trend day.
Still beware of traps & avoid false breakouts enter on restest only And also keep note it can also fall from support as more the retest at support zone makes it weaker.
Note : Do your own analysis before making any trade or investment decesion all post are for study purpose.
Bank Nifty Analysis 17th Jan'24As mentioned previously avoid and beware of false break outs and traps same happend today in morning unable to break 48280 to 42300 false breakout and then back to days low at 48000
Stills looks buyer have controlled from falling below 48000. looks tomorrow may have gap opening in Bank nifty.
See Bank nifty also making range between support & resistance keep eye on opening for tomorrow also expiry may turned out to be trend day.
Support 48000
Resistance 48200 to 42300
12 Jan ’24 — Traders are cold-blooded, Bias changed to Bullish🐂Nifty Analysis - Stance Bullish ⬆️
Recap from yesterday “Nifty looks perfectly neutral from here, the moment the support of 21491 gives away — we can start looking for bearish opportunities. To go bullish the ATH has to be taken out. With the IT majors TCS and INFY declaring the results — we should have a strong swing direction tomorrow.”
4mts chart link
Major highlights today
Gap-up of 120pts ~ 0..56%
NiftyIT gains 5.14%
Nifty50 takes out the ATH, new value = 21928
Nifty goes from neutral to bullish
Today’s stop came right at the ascending channel top-line
Never seen NiftyIT so stubborn to go up, a gain of 5.14% far exceeds expectations, and that too when the IT majors are at their all-time highs. What we still do not understand is the reason for outperformance when the results were average. Anyway, this was the major reason Nifty50 broke out from the neutral zone to the bullish zone.
63mts chart link
Today’s price action was along the top trend line of the ascending channel, and careful enough not to break it. There is no shame in saying traders are cold-blooded. We cannot stick with our bias, direction, or opinions and expect the market to behave as per our analysis. If the markets have turned, we need to adapt. Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday - we need to look out for bullish opportunities now.
As Per Data Market BearishAs Per Option Data Market Show Bearish . so Whats Plan For Tommrow If you Are a New Trader then I recommend not trading on Friday. Tomorrow's Market More Interesting As Per data CE Writer Today More At 44000 current Condition CE Writer Greater Then Pe Writer and Also
Retail Full Bearish At Future/ce/pe
DII Future Bearish
FII CE Bearish
What Is The Main Support Zone For Tomorrow in Bank Nifty 44000 is a Big Support For Bank nifty if Market Again Tomorrow then More Fall is possible In Upper Side market have To Much Resistance 44200/44300/44400/
We Only See a Good Move Above 44200 for Buying In Downside if the market Sustence Below 44000 then i not taking any support nearby
Expiry Day Special analysis || FinNifty Hero Zero Trade 01/08/23Hello Traders, Good Morning, i hope you will be doing good in your trading and your life as well as. I have done analysis on Finance nifty as today is weekly expiry. So let's start,,
We have seen some pull back in all indian indices in yesterday's session, i think this should continue, as global market also supporting. Finance nifty also done same, let's see what is going to happen today.
If i talk about support and resistance for Finance nifty, then There is support in the zone of 20175-20200 in downside and i think Finance nifty will give respect for this today's session. Guy's try to buy in support zone also, if you see any price reversal pattern on downside and keep stop loss at 20125.
For Resistance we can see in the range of 20358-20375, and if Finance nifty will break above these levels and trade at least for 30 mints then our buying order should triggered, as then we can see bullishness in Finance Nifty and that momentum will lead the rally towards 20450-20500 levels.
Important Levels for Finance Nifty:-
Buy above 20358, if levels got sustained at least for 30 mints.
Target we can see in upside 20441/20481/20537.
Keep stop loss at 20200.
Sale below 20200, if levels got sustained at least for 30 mints.
Target we can see in downside 20125/20065/20011.
Keep stop loss at 20358.
Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Upcoming Features on Dhan - AMJ 2023Hello Everyone,
Firstly, we hope all of you are doing well and are excited about Investing & Trading for the new Financial Year 2023-24. We are excited for the coming times, and with you, we continue to ensure that Dhan gets better every day.
For our incredible user experience and awesome customer service that Dhan is focussed on, the start of 2023 has been exciting for all of us. Jan, Feb, and March of 2023 have been great months as we continue to see the highest number of Traders & Investors on Dhan across all our platforms. We continue to build and ship things that matter to Traders & Investors and as always, your feedback, suggestions, and support help us build Dhan for you.
We continue with our tradition of building Dhan with our users - Super Traders and Long Term investors. Here is the list of things that we are building now and expect to launch in AMJ 2023.
1. Strategy Builder and Pre-Built Strategies for Commodity & Currency Traders
Dhan continues to witness a surge in commodity and currency traders - in the past month Commodity trades have grown > 10X and Currency trades have grown > 5X on Dhan. We doubled our commodity trades and traders in the last month, one of the reasons for this growth has been the incredible commodity trading experience we provide for Commodities 5, and we aim to take that further with the most requested feature by Commodity Traders on Dhan - Custom Strategy Builder and Pre-Built Strategies in Commodity and Currency Segment. This will be first made available on the Options Trader on the Web platform.
2. Mutual Fund Investments on Dhan
We have been working on this for a very long and are glad to inform our users that Mutual Fund Investments will soon be made available in private beta. We have finished building over 80% of this product and now are in the last phase of development where we are ensuring we provide a seamless and best-in-class experience for our users. Dhan will offer zero-commission Direct Mutual Funds to its users and at launch will be feature packed with everything that you could expect from a Mutual Fund investing platform.
3. Option Trading on TradingView.com
Many traders prefer to do their studies, analysis, research, indicators and signals on TradingView which is one of our favorite products as well. Dhan lets users trade directly from TradingView.com 2 and also is the only Stock Trading platform in India that provides Free Webhooks for Order Execution 9. While Options data is not available on TradingView, we are working towards making Options Trading super simple for our Super Traders. While we are behind schedule on this, we will soon launch Webhooks as a newer Order type, making it super simpler for our users to trade in Options (and any segment) directly based on your studies on TradingView. This will be launched on the Dhan Web platform. PS: Also in case you missed it, TradingView has awarded Dhan as one of the most Reliable Technology Brokers 5 across the world… Yay!
4. Trade Directly from TradingView Apps (iOS and Android)
Dhan is the first stockbroking platform in India to enable direct trading on TradingView.com 2 with its Connect through Trade Panel, later we extended this functionality to the TradingView app on iOS and very soon will be made available on TradingView’s Android App as well. Over 38,000 Super Traders on Dhan 1 have now connected their Dhan account with TradingView - all of them will soon be able to trade from their TradingView apps as well.
5. Trading Notes on Dhan
Trading may be easy, but making money from trading is not! We have interacted with many disciplined traders and based on our interactions have enhanced the journey of Super Traders on Dhan with Trader’s Diary 2 and Trader Controls 2. Very soon, we will introduce Trading Notes - where you will be able to add simple notes to every trade you make. Your Trading Notes will also be visible in your Trader’s Diary and Past Trades. Be a better & disciplined trader and manage your Risk while trading, only with Dhan!
6. Flash Trader on Dhan Web
Option Buyers already love using the Flash Trader 12 that we recently introduced on the Dhan app. We intend to extend this feature on Dhan Web as well, and eventually also bring this to Options Trader App and Web. Flash Trader helps traders quickly discover and trade in contracts that have the Highest Volumes, Highest Open Interest, and also are At-The-Money (ATM) on both Bullish or Bearish views.
7. Unified Login across all Web Platforms
Dhan currently operates three different web platforms - Dhan Web (web.dhan.co), TradingView console on Dhan (tv.dhan.co 2) and Options Trader Web (ot.dhan.co 6). We noticed that there is a significant overlap between users on our web platforms, and to make it further seamless and convenient for our users we will introduce a Unified Login across all Web Platforms.
8. Updating Primary Bank Account
In our priorities for the year 2023 we mentioned that we want to ensure all requests our Traders and Investors have should be made digital. With that thought process, we earlier introduced updating of Email Address, Mobile Number 2 and Nominations online 1, continuing with the same in this quarter we plan to introduce the functionality to Update Primary Bank Account as well to Dhan.
9. Glass Version: Options Trader App
We introduced our first release for 2023 - Dhan App Glass Version 18 and our Super Traders and Investors simply love it. We now aim to extend the same incredible Glass experience to Options Trader app and along with that also bring new features and capabilities to the Options Trader app 3. We will speak in detail more when we launch this - Option Traders would love this!
10. Enhanced Option Chain on Dhan
Option Traders love the real-time Option Chain experience 3 on Dhan and we have continued to improve the experience over the period with feedback and suggestions from our users. We also extended it across all platforms, including bringing an Advanced Option Chain 7 and also integrating it directly on Dhan’s TradingView console 5. We will introduce an enhanced version of Options Chain soon, which will be lighter, and faster and along with highlight some incredible insights for you on the Options Chain itself.
11. Enhanced Referral Experience on Dhan
One of the key reasons we are able to grow every month is simple - Word of Mouth. We speak with many of our users and know that they were introduced to Dhan by their friends and family. That aside, we have an incredible Referral program where our users get 20% of all brokerage generated by their friends whom they refer to Dhan - this is for a lifetime and users can withdraw the referral reward directly to their Bank Account! We recently introduced QR for fast & easy referral to Dhan, and we are working to make the overall Referral experience even better than today.
12. Delivery Volumes for Stocks
Over the past few months, we are witnessing more and more Intraday Trades in the Cash segment along with positional Swing Traders, many of whom today are using the Margin Trading Facility where Dhan offers up to 4X margin benefit on up to 950+ stocks. For short-term traders, Dhan does provide Technicals along with Technical Orders and more recently launched Forever Orders on Equity 1 enabled on top of DDPI 2 - another first one in the Stock Broking industry from Dhan. We are now considering enabling delivery volumes for such short-term traders and investors to track delivery v/s intraday trading volumes across all stocks.
13. Upcoming Corporate Actions
We introduced Corporate Actions 1 sometime back and it is already a very popular feature on Dhan along with Dividend Tracking 2 for Investors and Real-Time News 2. Some of our users had requested for introducing upcoming Corporate Actions and we expect to bring this on Dhan in a few weeks. We believe this should benefit a lot of Investors as well as Swing Traders on Dhan.
14. Market Feeds APIs
We know we are running behind schedule on this and there is a reason for the same - we want the Market Feeds APIs to be super fast. We internally are in the final stages of testing a new broadcast system that is visibly faster than the existing one on Dhan also what industry standards are. Dhan’s SuperFast Trading APIs are now consumed by over 500+ API-based traders for order execution, and also by 50+ partners including the likes of TradingView, Smallcase, Tata Capital, GoCharting, and many more. We will introduce Market Feed APIs for all API-based traders and Algo Traders in our suite of Dhan HQ SuperFast Trading APIs 3.
15. Updated Baskets Experience
It’s been a while since Dhan introduced Baskets across all our platforms - App, Web, and TradingView. With newer enhancements to our web platform (web.dhan.co) and deeper integrations on our Options Trader on the web platform (ot.dhan.co 6) - we have noticed an uptick in the usage of Baskets on Dhan. We aim to simplify the baskets experience from the existing ones and post that introduce more capabilities for Traders.
16. Statements Previews on the App & Web
Over the past few months, we have introduced multiple enhancements across Dhan to improve all statements experience - this includes the recent Quicko integration for tax filing 2, the introduction of Trader’s Diary 2 as Journal, and more. We continue to work further on this, and also introduce statement previews on App & Web in the coming weeks - this will be over and above the email-based statements we presently have on Dhan.
17. Scaling our Systems and Underlying Tech & Infrastructure
In the past year, Dhan has grown > 25X times in terms of transactions processed and 2X in just the past 45 days. We now have over 500+ API-based traders who are trading directly on top of DhanHQ SuperFast Trading APIs, and large traders who are executing over 100+ trades/day and some even doing over 1000+ trades/day. Our DhanHQ Super-fast trading APIs are consumed by over 50+ partners in multiple domains - a few of the partners are featured here. To support this scale and growth, we are changing the way our systems (Apps and Web Trading platforms) are handling and processing these large orders & high volume trades and at the same time - also ensuring our underlying APIs and technology infrastructure are scaling up to seamlessly process everything at a lightning-fast speed.
Is that all - definitely no! There is more that is happening under the radar at Dhan and all of us are working towards ensuring we bring to you Lightning-Fast Investing & Trading experience every day and at all times.
Keep Investing & Trading on Dhan, and help us build an incredible platform for you.
Thank you,
Pravin Jadhav
Founder & CEO - Dhan
NIFTY VIEW FOR 9 JANUARY As we discussed in previous idea , if nifty break 18000 level we may see more selling to 17900-800 levels , as it did in friday trading session.
Now , you can see simple Resistance and Support area in the chart , we may expect this week in this zone , so try to buy at support level and sell at resistance level
let price make a reversal pattern at the support area or a Bullish candlestick pattern for the confirmation so that we can take entry at right time
or
we can use indicator for confirmation to activate entry
make sure to maintain your stoploss short
Bank Nifty - Intraday Levels for 14 July 2022 - Weekly ExpiryBanknifty Levels for Tomorrow..
Trend : Bearish
Sentiment : Negative
Expectation : Bearishly Aligned but Rangebound / Volatile day
Expecting Banknifty to Open Small Gap Down / Sideways Open any support near 34600 level we can look for Long Opportunity. Being an expiry day wait for 1st half to identify the trend and then take your trade around 1:30 Pm
Buy above 34646 - Target CPR / Sell Reversal 34965
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
The week end on a high.The week ends on a high. i was expected that it would be a tricky expiry, but it could end up with nearly 2%. I haven't done any aggressive position yet, selling premium spike helped me get there. The week ends on a high. I expected that it would be a tricky expiry, but it could end up with nearly 2%. I haven't taken any aggressive positions yet, but selling premium spike helped me get there. Can I hold on to my 17500CE and 15400PE On Thursday, it absolutely melted. I could roll up my position to 16900CE and 16200PE to end the week. Let's keep a close look at the price action. vix on top and nifty in a negative trend. I will make a decision after watching below 16000 and above 16700. I hope everyone has a good week.