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In this video, we take a deep dive on the S&P and Nasdaq 100 as they move within a descending channel and discuss potential acceleration risks. Learn the art of defending short puts with a real-world example from Peter’s Weekly Options Room, turning a tough situation into a manageable outcome. We also highlight key charts, including the impact of spiking 10-year yields on today’s sell-off, and explore NFLX buy zones, pinpointing where buyers might return. Finally, we share insights on next week’s economic data and earnings reports, preparing you for the volatility ahead. Don’t miss these actionable takeaways and closing insights! Trade Live with Peter EVERY DAY! LEARN MORE: https://www.shadowtrader.net/options TAKE A $7 TRIAL HERE: https://www.shadowtrader.net/product/... Beginner? Absolute Noob? No problem, join our team of professionals in the ShadowTrader Live Trading Suite - Two rooms for the price of ONE! Stocks & Options Room & Futures Room LEARN MORE: https://www.shadowtrader.net/live-tra... TAKE A $7 TRIAL HERE: https://www.shadowtrader.net/product/... GET THE LIVE TRADING SUITE FOR SIX MONTHS FREE https://info.tastytrade.com/shadowtra... ShadowTrader | Helping traders reach their potential since 2006 https://www.shadowtrader.net Follow us: Twitter - / peterreznicek Facebook - / officialshadowtrader 00:00 - 1:19 - Introduction 1:19 - 6:04 - Market Trends 6:04 - 19:45 - How To Defend Short Puts 19:45 - 22:10 - Charts To Watch: TNX 22:10 - 24:56 - Number One Draft Pick: NFLX 24:56 - 26:45 - Looking Ahead: Economic Data and Bank Earnings 26:45 - 28:48 - Closing Thoughts #stocks #tradingrooms #futures #daytrading #options #Shortputs