. All right, let's get started. How are you doing friends? This is Saturday. August 21st. And we have we have hurricane Henri bearing down on us. However, I believe it's going to miss us to the west.
When I say us I'm speaking of the Varitimos household we're situated here in Southeastern Massachusetts. We will we will be on Martha's Vineyard in a couple of days.
and we just hoping that tomorrow we beat Henri to the ferry, however, Henri as no power. Over the zero DTE zero dash DTE. And what I'm talking about is zero days to expiration. And that is our service here. Today's meeting is a special meeting at one o'clock. Every Saturday is the time that I hold a service wide meeting.
So everyone that's part of the service is invited in and today is what we call a retrospective. Now a retrospective, it is a special ceremony in the process that we practice. And, it's a lot more than just a strategy. We have strategies, methodologies, and then we have a process, the process envelops, the whole kitten caboodle.
. And that process is what I like to refer to as, and what it is. It's an agile process. What makes it agile is that we make each of our iterations or sprints or projects, very small and shortened duration so that we can. We can get very good and be efficient with doing those things.
So in trading that might be a trade, or it might be a week of trades in business. It might be a project, a day project or a week project or a month long project, but the shorter you make it. And the more consistent that you are with the way you run that process. So that little mini project that sprint the better, because.
It's all about Kaizen. Now, I've introduced this term to you before, and you've probably heard of it before. It's a largely associated with continuous improvement, Kaizen, I guess a literal translation of it would be good change . Some people reinterpret it as continuous improvement, which is, kinda like the same thing.
And one of the principles of Kaizen is to take things that you do repetitively. Now, those things, they may, we have incredible impact or they could have very small impact or whatever they are. They're a process. It's a strategy that you employ and you do it over and over again, which perfectly.
Describes what we do here at Xero DTE. We do a trade three days a week, Monday, Wednesday, Friday, and we do that trade three days a week because each of those days we have an options contract on the S&P that expires. We found that we have an edge by selling option premium on that last day of expiration that zero day.