In last weekend’s video, I discussed the positive and negative signs in the market. So far this week, many positive signs have improved. Specifically, there’s no distribution so far this week, many of the leaders have firmed up around their key technical levels, and the Fed reiterated its easy monetary policy today. That’s why I always stress for everyone to know their own timeframe. Also, when any possible warning signs show up, I will always lean towards the defensive side to do my best to protect people. Of course, we’re not out of the woods yet, but I did notice many more setups while going through my stock screens tonight. After the market close on Thursday, some of the largest tech companies will report earnings (AMZN, FB, GOOGL, AAPL). I will mostly be focused on AMZN. If for any reason the market gaps down on Friday, I would look to add to positions for a possible rebound on Monday. Not only have the majority of Monday’s been strong recently, but it is also the first trading day of the month when a lot of retirement money gets put to work by mutual funds. Again, this is more for people who are short-term and possibly like to make tactical plays. Good luck for the remainder of the week and I will let you know the exact date and time of the next Stock Screening Webinar in Saturday’s video.

Unusual Option Activity:
7/29/20 Livongo (LVGO) with 2,150 January $120/$170 call spreads bought for $16, LVGO a strong trending name breaking out of a bull flag today and CSFB positive recently noting their TAM remains huge and under-penetrated as they expand into areas like Prediabetes & Weight Management and Behavioral Health
7/28/20 Twilio (TWLO) buyer 300 January $330 calls for $17
7/28/20 Amazon (AMZN) with 150 June 2021 $3060 calls opening in stock replacements near $447.50. AMZN also active Oct. $3600 OTM calls this morning 770X that are being bought $83.50 to $85
7/28/20 Crowd-Strike (CRWD) Sep $120 calls seeing some more buying
7/28/20 DocuSign (DOCU) with 670 August 7th (W) $210 calls bought up to $3.60
7/28/20 Alibaba (BABA) active buyers of 2,415 October $260 calls in early trade that look to be adjusting the $250 calls
7/28/20 Alibaba (BABA) buyer 1000 June 2021 $330 calls $7.25
7/27/20 Crowd-Strike (CRWD) 440 Dec $92.50 puts sold to open $10.20 to $10.10
7/27/20 Tesla (TSLA) 1500 November $2000 puts sold to open as September adjust, a $100M position (credit)
7/27/20 Tesla (TSLA) opening sale 100 June 2021 $1350 puts for $320
7/27/20 Coupa (COUP) spreads selling 6650 August $240 puts $1.95 and 5,500 of the $350 calls $1
7/27/20 DocuSign (DOCU) large opening sales in $230 calls and $160 puts for August, similar to COUP
7/27/20 Regeneron Pharma (REGN) with 1195 August $620 ITM calls opening at $28
7/27/20 Regeneron (REGN) also 200 February $780 calls bought to open $23.05 to $26

Topics covered:
1) 0:00 Announcements
2) 0:20 Market Commentary and Index Review
3) 6:35 Stock Review – Leaders: AMZN, NFLX, DOCU, COUP, AYX, VEEV, OKTA, DDOG, CRWD, FSLY, TWLO, NOW, ZS, ZM, BTAI, VRTX, REGN, STAA, DXCM
4) 16:20 Stock Review – Semiconductors: NVDA, SWKS, QRVO, MKSI, LRCX, SMH (ETF), IPHI
5) 18:15 Stock Review – General Ideas/Commentary: CHGG, LRN, CRNC, APPS, SHOP, BABA, STMP, NET, PTON, MTH, ITB (ETF), XHB (ETF), IBP, GO, NARI
6) 23:50 Current Setups – TSLA, CRL, NVDA, Z, SPCE
7) 25:55 Conclusion/Summary