Topics covered:
1) 0:00 Announcements
2) 0:40 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 9:20 Stock Review – Mega Caps: AMZN, MSFT, AAPL, PYPL, QQQ (ETF)
4) 11:20 Stock Review – Software: DOCU, APPN, NET, FIVN, DDOG, BILL, FIVN, DT, CRWD, ZS, OKTA
5) 14:50 Stock Review – Semiconductors: ACMR, AMD, TSEM, IIVI, LITE, COHU, SMH (ETF)
6) 17:00 Stock Review – Medical Products/Biotech: HALO, INMD, ADPT, NARI, SWAV
7) 20:00 Stock Review – General Ideas/Commentary: FND, PLTR, SNAP, PINS
8) 22:00 Current Setups – FTCH, SHOP
9) 25:15 Conclusion/Summary

Market Summary:
The market continues to be incredibly resilient. The main reasons include: 1) The low interest rate environment 2) Tons of liquidity and 3) The market anticipating a recovery in the economy later this year. All those factors combined with the constant sector rotation are helping to keep the major averages propped up. One thing I’ve been conflicted with recently is that the market is due for a normal pullback at some point but the resiliency is beyond impressive. The way I reconcile this is to continue with my strategy of taking profits into strength and keeping some cash available for the inevitable pullbacks. As always, your decisions should be based on your own timeframe and risk tolerance. For example, if you don’t have time to watch the market closely or have a longer-term timeframe, then I suggest using lighter positions and giving them room.

No matter your timeframe, I’m trying to do two main things with this product: 1) Expose you to a strong group of stocks and 2) Provide you with strong entry points. The most consistent growth sectors that have showed up on my screens over the past several months include: Mega Caps, Software, Semiconductors, Biotech, and Medical Products. Focusing on these sectors increases your probabilities of success because that’s where I am finding the strongest growth and the best technical patterns. Of course, if other sectors consistently start to show up, I will pass them along in these videos. If we continue to see strength into the end of this week, I will look to reduce my exposure as the week after regular cycle expiration (which is next week) tends to see some profit taking. Good luck for the remainder of the week!

Unusual Option Activity
1/13/21 Taiwan Semi (TSM) block of 1000 April $120 puts sold to open $9.75
1/13/21 FarFetch (FTCH) with 1,000 February $60 calls bought for $5.37 as the $70 calls look to adjust back
1/13/21 Align Technology (ALGN) with 165 January 2022 $700 calls bought for $59 to $60 to open today,
1/13/21 Novocure (NVCR) the June $230 calls being bought for $15.40 today to open, 900X, as the March $185 calls adjust from 12/4 buys
1/13/21 Snap (SNAP) the January 29th (W) $57/$59 call spread bought 4500X.
1/13/21 Snap (SNAP) also with 2950 February 26th (W) $60 calls bought $4.15 to $4.20
1/13/21 Cloudflare (NET) next week $80 calls bought up to $3.40 for 1200X
1/13/21 Cloudflare (NET) also buyers of 1400 Feb. 5th (W) $90 calls near $2.40.
1/13/21 Pinterest (PINS) with 3650 September $75 calls being bought today between $17.65 and $18
1/13/21 DocuSign (DOCU) opening seller 300 June $250 puts for $30.30
1/13/21 Z-Scaler (ZS) 1300 Jan. 209th (W) $235 calls open $2.62
1/13/21 Z-Scaler (ZS) aggressive buyer 1000 May $280 far OTM calls $8.75 offer
1/13/21 Z-Scaler (ZS) also seeing offer side buys of 1800 February $230 calls today near $8.30 offer
1/13/21 Advanced Micro (AMD) opening seller 1250 Feb. 26th (W) $92.5 ITM puts $7.85 bid
1/13/21 Crowd-Strike (CRWD) over 600 June $160 puts being sold to open today for $7.75
1/12/21 Fastly (FSLY) with two blocks of 1500 Jan. 29th (W) $106 calls bought to open, first one at $1.65 and now at $1.84
1/12/21 Fastly (FSLY) with 1670 June $50 puts sold to open today $6 to $6.55 range
1/12/21 Facebook (FB) afternoon buyers 1300 July $290 calls near $13.75
1/12/21 FarFetch (FTCH) the February $65 calls bought today 1000X up to $5
1/12/21 Bill.com (BILL) buyer of 200 February $135 calls for $11.50 to $11.70
1/12/21 Adaptive Bio (ADPT) seeing 900 July $75/$52.5 bull risk reversals open at a small debit
1/12/21 Marvell (MRVL) the January 29th (W) $52 calls being bought 2,000X for $1.40 as the January $50 calls adjust higher
1/12/21 Taiwan Semi (TSM) with 5000 Jan. 29th (W) $140 calls being bought to open up to $1.35
1/12/21 Docusign (DOCU) with 600 January 2023 $120 puts being sold to open between $8.85 and $9
1/12/21 Advanced Micro (AMD) with 1,000 June 2022 $95 calls bought today for $24.75
1/12/21 Advanced Micro (AMD)also with the September $95 puts sold to open 1000X for $16.20
1/12/21 Service-Now (NOW) back to its 89-MA and 475 August $550/$500 bull risk reversals opening as January $450 calls adjust
1/12/21 Apple (AAPL) with 2,525 September 2022 $125 puts sold to open $22.65 as $95 puts adjust
1/11/21 FarFetch (FTCH) opening seller 1400 February $55 puts $2.83
1/11/21 Schrodinger (SDGR) with 920 January 2022 $50 ITM calls bought for $45.70 to $46.80, follows the large put selling last week
1/11/21 Guardant Health (GH) buyer 250 July $160 calls for $20.50 and 200 January 2022 $140 calls $38.10
1/11/21 Guardant Health (GH) the April $160 calls being bought 750X today for $15.20 to $15.30
1/11/21 DocuSign (DOCU) trading 2,250 March $240/$250 call spreads to open
1/11/21 CRISPR (CRSP) the February OTM $220/$230 call spread bought 1000X for $2.50
1/11/21 Qorvo (QRVO) the February $185 calls bought 1300X for $10.50 to $10.70, some January calls adjusting up and out
1/11/21 Snap (SNAP) 10,000 next week $57.5/$60 call spreads active
1/11/21 Apple (AAPL) 1500 Sep $130 puts sold to open $16.70 bid
1/11/21 MongoDB (MDB) with 2800 February $280 puts sold to open $2.20 to $2.15
1/11/21 Lam Research (LRCX) with 200 July $540 calls bought for $52 to open today,
1/11/21 Advanced Micro (AMD) February $125 calls active with buyers 5000X with shares at $98.75
1/11/21 Taiwan Semi (TSM) seeing 3900 Jan. 29th (W) $135 OTM calls bought to open
1/11/21 Crowd-Strike (CRWD) buyers of the February $230 calls up to $18.95 today, 1200X
1/11/21 Facebook (FB) buyer 10,000 June $270 calls up to $23.50
1/11/21 Floor and Decor (FND) buyer today of 150 April $97.50 calls for $12.33 as some Feb. $90 calls roll up
1/11/21 Chegg (CHGG) with 550 Jan. 2023 $140 calls opening for $15