Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 8:15 Stock Review – Mega Caps: TSLA, MSFT, CRM, NFLX, QQQ (ETF)
4) 10:35 Stock Review – Software: BILL, NET, U, ZS, CRWD, DDOG
5) 13:50 Stock Review – Semiconductors: NVDA, AMD, AMBA, BRKS, ACLS, SMH (ETF)
6) 16:10 Stock Review – Watch List/General Ideas/Commentary: AFRM, MQ, DXCM, INMD, CELH, ETSY, DVAX, RKLB
7) 22:55 Conclusion/Summary

Market Summary:
In this video, I discuss a short-term outlook and a medium-term outlook. Short-term, the market has seen a strong run over the past 10 days and some consolidation is to be expected. That doesn’t mean we HAVE to pullback. It simply means probability-wise to expect some digestion. While going through my screens tonight, I noticed that many stocks are extended from proper buy points. Again, extended stocks can get more extended, but because entry point is very important to me, I suggest being patient over the near-term and waiting for better entries. Of course, if you have a strong entry point and you have a longer-term timeframe, then keep things simple, sit back, and deal with normal volatility along the way up.

Medium-term, I am still bullish. As I mentioned many times, we won’t go straight up into year-end. Expect some pullbacks and shakeouts along the way. The main things I remind members of in this video: 1) Focus on the strongest stocks you can find (I discuss many of them in this video). 2) Get strong entry points (no matter if you are a trader or investor). 3) Make decisions from there. I can’t hand hold members through trades, but what I can do is encourage you to make decisions and define yourself. This will help you build your confidence over the long-run. Thank you and good luck for the remainder of the week!

Unusual Option Activity
10/27/21 Dynavax (DVAX) seeing 4500 November $18 calls being bought this afternoon, reports 11-4
10/27/21 Marqeta (MQ) with 2000 November $40 calls bought today from $2.20 to $2.50
10/27/21 Marqeta (MQ) also with 400 June $32.50 calls bought this morning for $10.50 to $10.89
10/27/21 Affirm Holdings (AFRM) buyer 245 January 2023 $165 calls $40 to $40.6
10/27/21 Tesla (TSLA) buyer 1500 January $930/$1075 call spreads
10/27/21 Microsoft (MSFT) seeing buyers of 2500 Dec. 3rd (W) $330 calls early
10/26/21 Nasdaq 100 ETF (QQQ) trading 30,000 December $387/$410 call spreads to open
10/26/21 Russell Growth ETF (IWO) with 4000 May $240 puts sold to open for $4.30
10/26/21 Tesla (TSLA) with 6,825 February $1300 calls opening early as November $1000 calls adjust
10/26/21 Tesla (TSLA) also 2000 January $1020 calls opening for $25M premium and 7000 May $1350 calls hot with buyers for $40M
10/26/21 Tesla (TSLA) June 2022 $950 calls with 7000X bought for $150M premium as well as Jan. $880 calls adjust
10/26/21 Ambarella (AMBA) buyer of 1000 November $210 calls for $2.15, rolling up the $200 calls
10/26/21 Ambarella (AMBA) also with buyer of 650 November $215 calls for $2.50 into the early strength
10/26/21 Unity Software (U) buyers of 200 January 2024 $220 calls for $21.80 to $22.60, follows the recent May buyers
10/26/21 Unity Software (U) 1500 January $180 calls are bought $4.60 offer
10/26/21 Nvidia (NVDA) with 2000 March $275 calls bought up to $13.10 from $9.55 and 1350 of the $280 calls and 1800 of the $290 calls also with buyer flow.
10/26/21 Nvidia (NVDA) also with 1000 January $235 puts sold to open $12.72
10/26/21 Nvidia (NVDA) also with 1850 February $330 OTM calls bought for $3 today
10/26/21 Perion Networks (PERI) seeing buyers of 2,720 January $25 calls from $4.90 to $5 to open
10/26/21 Avalara (AVLR) earnings on 11-4 and buyers of 550 November $175 ITM calls for $11.60 to $11.70
10/26/21 Crowd-Strike (CRWD) 600 January 2023 $280 puts sell to open for $44
10/26/21 OpenDoor (OPEN) buyers of 5000 November 12th (W) $24.50 calls $1.40 with earnings 11-10
10/26/21 Coinbase (COIN) with 850 December 3rd (W) $350 calls bought today for $14 to $14.20
10/26/21 Software ETF (IGV) afternoon buy of 1000 December $425 calls for $20.50+
10/26/21 Bill.com (BILL) buyer 2500 February $300 calls to open $34.67
10/26/21 Workday (WDAY) with 1000 January $290 calls bought for $13.70 with the $210 puts sold for $1.35
10/25/21 Biotech ETF (XBI) with 9000 Dec. $130 calls being bought
10/25/21 Healthcare ETF (XLV) similar to Biotech action with IV ramping late day and 38,500 Dec. $135 calls being bought
10/25/21 Tesla (TSLA) February $1200 calls up to 85,000X traded on the day, $320M in premium
10/25/21 Upstart Holdings (UPST) with 1000 November $485 calls sold to open from $5.10 to $4.80
10/25/21 Elastic (ESTC) seeing 2,750 November $190 OTM calls bought for $1 today
10/25/21 Albemarle (ALB) buyer 300 March $300 calls at $7.50 offer
10/25/21 Marqeta (MQ) buyer of 1000 December $22.50 calls for $4.90 to open in early action
10/25/21 Marqeta (MQ) 1250 March $25 puts selling to open for $3.10 into UBER news
10/25/21 Celsius (CELH) buyer 1000 November $100/$110 call spreads into mid-November earnings
10/25/21 Dutch Bros (BROS) with November $65 calls hot up to $7.30 for 2000X
10/25/21 Russell Growth ETF (IWO) buyer of 800 May $315 calls for $16.60 to open today for $1.325M
10/25/21 Coinbase (COIN) buyers of 400 December $355 calls around $12.60 to $12.90
10/25/21 Coinbase (COIN) buyers hot for February $460 OTM calls $9.40 to $10.10 for 1850X