Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 12:45 Stock Review – Mega Caps: AAPL, MSFT, NFLX, SQ, TSLA, GOOGL, QQQ (ETF)
4) 16:25 Stock Review – Software: ZS, CRWD, OKTA, BILL, NET, DDOG, DOCS, AVLR, ESTC, ZI, WDAY, NOW, RDWR
5) 20:45 Stock Review – Semiconductors: NVDA, AMD, AMAT, MRVL, ON, SMH (ETF)
6) 22:45 Stock Review – Medical Products: ALGN, INMD, SWAV, STAA, DXCM, HZNP
7) 24:50 Stock Review – Retail (Restaurants/Clothing): WING, LULU, FND, CELH
8) 25:50 Stock Review – Watch List/General Ideas/Commentary: SNAP, ALB, LTHM, ENVX, AFRM, CRCT, ORMP
9) 30:50 Conclusion/Summary

Market Summary:
Over the near-term, I am still expecting some volatility. Just be patient as we get through the next 2-3 weeks of seasonal weakness. Following that, I am bullish into year-end for the reasons I’ve been outlining in the past several videos. The main reason is the price action of stocks. There are so many stocks acting well across many different sectors. That is the main reason I am bullish. In addition, the equity friendly backdrop provided by the Federal Reserve and the consistent bearish sentiment on every little drop is also keeping me bullish.

In this video, I review many stocks that are near buyable ranges. I am currently fully invested, but I never want anyone just to blindly copy me. If you are lightly invested, don’t feel the need to rush into too many stocks right away. Slowly get involved, and only do this if you feel comfortable. If you are too nervous, you can pass or use lighter positions. Again, keep in mind I can change my mind quickly if market conditions turn against me. If you are longer-term, get those strong entry points and deal with some volatility. Again, do what works for you and stick to your plan. If you don’t have a plan, slowly work on building one and defining yourself. It will help you to gain clarity and confidence over the long run. Enjoy the rest of your weekend and good luck trading this week!

Unusual Option Activity
9/24/21 Snap (SNAP) with 1000 October $77/$67 bull put spreads opening this morning for $2.35
9/24/21 Snap (SNAP) IV rising mid-day with 4,000 November $95 calls bought $3.20 to $3.35
9/24/21 ON Semiconductor (ON) buyer of 500 January 2024 $70 calls today for $6, max timeframe and strike
9/24/21 Affirm Holdings (AFRM) also with 500 January 2024 $130 puts sold to open today around $50
9/24/21 Matterport (MTTR) with over 1650 January 2024 $22.50 puts sold to open today between $8.50 and $8.90
9/24/21 Facebook (FB) with 2,000 March $260 OTM puts sold to open today for $5
9/24/21 Cricut (CRCT) strong today and buyer of 1000 November $35/$50 call spreads this afternoon for $3.10
9/24/21 DataDog (DDOG) with 685 June $105 puts sold to open for $5.40
9/24/21 Radware (RDWR) pops with 2000 October $36 calls bought $0.70 offer, recent M&A reports
9/24/21 Inmode (INMD) buyers opening 925 January $170 calls today for $25.80 to $26 into new highs
9/23/21 Enovix (ENVX) more bull flows today, the November $25 calls bought 2000X
9/23/21 Affirm Holdings (AFRM) with 1000 deep ITM February $75 calls bought this afternoon for over $5M
9/23/21 Snap (SNAP) with 1000 January 2024 $75 puts sold to open today for $20.10, adjusting some Jan. 2023 puts
9/23/21 Bill.com (BILL) with 600 November $270 calls bought from $24.30 to $25.40
9/23/21 Unity Software (U) buyers of 1250 November $170 calls for $3.90 to $4.10
9/23/21 AutoNation (AN) buyers of 700 January $135 calls for $7.50 to $7.80
9/23/21 Netflix (NFLX) buyers of 1400 Oct. 22nd (W) $625/$680 call spreads, captures 10-19 earnings
9/23/21 Netflix (NFLX) also a buyer of 700 Jan. $650/$780 call spreads
9/23/21 Apple (AAPL) seeing opening sales in April $110 puts at $2.51 for over 3500X
9/23/21 Illumina (ILMN) with 500 January 2023 $350 puts sold to open $36.75
9/23/21 Square (SQ) buyers active this afternoon for 1150 March $220 ITM calls for $57.75
9/23/21 WorkDay (WDAY) with 1,500 January 2023 $220 puts sold to open for $19.15, adjusting the Jan. 2022 $220 short puts from 10/7
9/23/21 Tesla (TSLA) put sellers active in Oct. 8th (W) $720 strike today trading 33,250X and 5700 of the $730 puts sold to open as well, nearly $50M in premium combined