Link to the statistics on June 19 through July 23: https://twitter.com/WayneWhaley1136/status/1802052830192107904

Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 4:20 FOCUS LIST: NVDA, DELL, MSFT, WING, LLY, NVO, CRWD, ISRG, MU, ARM
4) 8:40 Stock Review – Software and Semiconductors: IGV (ETF), SNPS, CDNS, APP, SMH (ETF), TSM, AVGO, QCOM, KLAC, LRCX, AMAT
5) 11:15 Stock Review – Biotech/Medical Products: XBI (ETF), AVTE, NTRA, TMDX, PRCT, UTHR
6) 15:20 Stock Review – Aerospace/Defense: AVAV, WWD, FTAI, LDOS, HWM,
7) 16:10 Stock Review – Watch List/General Ideas/Commentary: CAVA, META, NTAP, PSTG, SIMO, VRT, SMCI, DECK, ONON, CEG, CAMT, CLS, FN
8) 19:25 Conclusion/Summary

Market Summary:
As I’ve mentioned since early May, we’re in a power trend and let’s keep things simple. Shorter-term, we are extended and heading into a seasonally weak period. That doesn’t mean that we HAVE to correct, but it wouldn’t surprise me to see some weakness into the end of the month. Please keep in mind that we can correct through price or through time. If we do see a drop, I’m not expecting anything severe or anything sustained. I’m certainly not complacent, I’m simply going by the option flows and overall strong technicals.

As always, know your timeframe. For me, I took some profits last week, and I have strong entry points on most of my positions. In other words, if we do see a decline into the end of the month, I’m ok with normal volatility because I’m expecting a continued uptrend in early July. Of course, I will take this day-by-day do my best to keep things simple. As a reminder, the US markets are closed on Wednesday, June 19th for the Juneteenth holiday. Enjoy your day off and good luck for the remainder of the week.

Unusual Option Activity:
6/18/24 Russell 2000 ETF (IWM) bull r/r buys 14,000 August $211 calls and sells the $194 puts at net 0.37 credit
6/18/24 Russell 2000 ETF (IWM) 5000 Sept $194 short puts open $3.88 as August 201 adjust
6/18/24 Nasdaq 100 ETF (QQQ) 5000 Sept $475 puts sold to open $10.33 as $445 short puts adjust
6/18/24 Nasdaq 100 ETF (QQQ) July 26th (W) $500/$515 call spreads bought 12,000X
6/18/24 S&P 500 ETF (SPY) block of 8000 September 30th (Q) $470 puts sell to open $1.68
6/18/24 Semiconductors ETF (SMH) buyer of 5000 November $395 calls $1.34
6/18/24 Oil Services ETF (OIH) 1400 July $300 puts bought $7.15
6/18/24 Junior Gold Miners ETF (GDXJ) late day opening seller of 2000 January $36 puts at $1.53
6/18/24 Costco (COST) seeing 1000 July 870 puts selling to open 15.75 to 15.10
6/18/24 Best Buy (BBY) seeing a buyer of 1750 January $115 calls at $2.25
6/18/24 Cava Group (CAVA) 1000 August 110 calls sell 3.90 to open willing to be called away
6/18/24 Floor & Decor (FND) 3000 August $95 puts sell to open 1.09
6/18/24 PDD Holdings (PDD) 8200 August 2nd (W) $149 puts sell to open $7.80
6/18/24 Starbucks (SBUX) 3000 August 2nd (W) $80 puts sold to open for 3.30
6/18/24 Cheniere Energy (LNG) 1400 Sept $150 puts sell to open $2.35
6/18/24 Halliburton (HAL) buyer 1000 December 2026 $37 calls $5.84
6/18/24 Citigroup (C) sweep buyers active in August $65 calls 5050X
6/18/24 Citigroup (C) also buyers of over 7000 Oct $65 calls at $2.15 to $2.21
6/18/24 Insmed (INSM) more bullish put selling with 2020 Jan $65 sold to open 7.60
6/18/24 Insmed (INSM) with another 2000 Jan $65 puts sell to open $7.50, now over 5000x on day
6/18/24 Boston Scientific (BSX) 6000 July 72.5 puts sell to open 0.45 to 0.40
6/18/24 Pfizer (PFE) 26,160 August $26 short puts opening $0.58 as some June 27.5 adjust
6/18/24 United Health (UNH) opening sale 500 January 2026 $490 puts for $44.50
6/18/24 AtriCure (ATRC) unusual buy of 1000 July $20 calls $2.30 to $2.40
6/18/24 AtriCure (ATRC) also seeing 3000 July $25/$35 call spreads bought for $1.70
6/18/24 Amgen (AMGN) 1435 January $250 puts selling to open $6.30 to $6
6/18/24 Amgen (AMGN) also buyers 825 August $325 OTM calls near $4.20
6/18/24 AbbVie (ABBV) 500 March $160 puts sell to open $7
6/18/24 FTAI Aviation (FTAI) sees 3000 July $95 calls buy $2.66 as June calls adjust
6/18/24 FTAI Aviation (FTAI) also 500 August 85 puts sold to open 3.90
6/18/24 Qualcomm (QCOM) seeing 800 August 2nd $225 calls buying at $14.41 to $15.20
6/18/24 Qualcomm (QCOM) with 1000 Sept $290 calls buying at $2.22 to $2.50
6/18/24 Qualcomm (QCOM) buyer 2000 Oct $290 calls $4.10 as some $230 calls adjust
6/18/24 Qualcomm (QCOM) also 10,000 August $240/$260 call spreads bought
6/18/24 Taiwan Semi (TSM) with 3000 August $210/$175 bullish risk reversals open at $3.81 credit
6/18/24 Taiwan Semi (TSM) buyer 68,000 August $165 calls $24.15 adjusting 55K Aug 140 calls
6/18/24 Advanced Micro (AMD) with 2200 July 5th $155 puts sell to open $4.90 as some June short puts adjust
6/18/24 Nvidia (NVDA) buyer of 3000 Sept $165 calls $4.65 offer as some Dec 2025 $195 calls are sold in spreads
6/18/24 Nvidia (NVDA) buyers 5000 July 5th (W) $128 calls $7.30 to $7.65 in size lots
6/18/24 Nvidia (NVDA) 2800 Dec $125 puts selling to open $13.45 to $13.30
6/18/24 Nvidia (NVDA) opening seller of 1500 July 12th $128 puts at $3.10 as $125 short puts adjust up
6/18/24 Nvidia (NVDA) 14500 June 2025 $265 calls sell to open 5.20
6/18/24 Nvidia (NVDA) 2000 January $134 puts selling to open $17.75
6/18/24 Nvidia (NVDA) 2000 November $130 puts selling to open $13.25
6/18/24 Nvidia (NVDA) late day buyers of 3000 October $138 calls at $16.26 as $132 calls adjust
6/18/24 Nvidia (NVDA) also buyers in July 26th $135 calls over 5000x at $8 to $8.30
6/18/24 Nvidia (NVDA) also seeing 3400 January $224 calls sell to open at $3.90
6/18/24 Meta (META) 1600 December $420 ITM calls bought to open $111.30
6/18/24 Micron (MU) 650 June 2025 $160 calls bought for $2.2M
6/18/24 Arm Holdings (ARM) 4450 OTM July $240 calls being bought far OTM
6/18/24 Arm Holdings (ARM) buyers 1900 July $170 calls $11.20 and higher
6/18/24 Arm Holdings (ARM) seeing buyers of 4000 July 5th $240 calls at $1.50 to $1.65
6/18/24 Amkor Technology (AMKR) unusual aggressive buys 400 Sept $39 calls $2.75 offer
6/18/24 Dell (DELL) buyer 1000 July 5th (W) $160 calls for $3.40
6/18/24 Dell (DELL) with over 6000 July $200 calls buying at $0.80 up to $0.95
6/18/24 HP Enterprise (HPE) more bull flow with a block of 3000 July $24 ITM puts selling to open $1.97
6/18/24 HP Enterprise (HPE) also over 5000 Nov $24 calls buy at $1.95 to $2.05 offers
6/18/24 Microsoft (MSFT) large trade buys 20,000 Nov $510 calls at $9.50 as the Oct $460 calls adjust up and out
6/18/24 Microsoft (MSFT) buyer 51,000 August $420 calls $35.99 as the $375 calls adjust
6/18/24 Microsoft (MSFT) 2000 August $465 calls sell to open for 10.46
6/18/24 Apple (AAPL) buyer 10,000 Jan $320 calls 0.94 to 0.96
6/18/24 Apple (AAPL) also 32,965 Nov $245 calls bought $4.35 with the Oct $220 adjusting
6/18/24 Apple (AAPL) seeing more far OTM call buyers with 7400 Sept $300 calls bought at $0.32 to $0.35 offers
6/18/24 Astera Labs (ALAB) 2024 IPO with max strike/timeframe buyer of 520 Jan 2026 $130 calls for $11.20
6/18/24 Okta (OKTA) opening sale 700 June 2025 $90 ITM puts for 13.65
6/18/24 Silicon Motion (SIMO) sees 500 Jan $105 calls bought $3.40 to $3.70
6/18/24 Broadcom (AVGO) buyer of 350 September $1850 calls at $152
6/18/24 Vistra (VST) buyer 900 Dec 2025 $155 calls $8.40 to $8.50
6/17/24 Mini S&P ETF (XSP) seeing 15,400 August 30th $527 puts sell to open at $4.66 as June $495 short puts adjust
6/17/24 McDonalds (MCD) buyer 575 Jan 2026 $315 calls $7.60
6/17/24 Target (TGT) 800 March $150 calls sold to open 11.70 to 11.65
6/17/24 Uber (UBER) with 8000 August $60 puts sell to open at $1.04 to $1.03, over $800K
6/17/24 Cava Group (CAVA) seeing 2275 July 5th (W) $95 calls bought for $930K
6/17/24 Floor & Decor (FND) seeing 4400 August $100 puts selling to open at $1.80
6/17/24 Cheniere Energy (LNG) 3150 August 2nd (W) $145 puts sell to open $1.35 to $1.30
6/17/24 Chevron (CVX) 1280 December $155 calls are bought $8.59
6/17/24 Citigroup (C) with 6000 June 28th (W) $60 calls bought
6/17/24 JP Morgan (JPM) large opening sale 10,000 July $185 puts $1.88 with earnings 7-12
6/17/24 Illumina (ILMN) opening sale 4700 July $95 puts $1.13
6/17/24 Insmed (INSM) more bull flow with long-dated put sales as 1700 Dec 2025 $65 puts sell to open $11.05
6/17/24 FTAI Aviation (FTAI) buyer for 1000 Aug $90/$115 call spreads at $5.04
6/17/24 Vertiv (VRT) opening seller of 1000 July 26th $89 puts at $6.20 to $6.10 as Sept $90 short puts adjust
6/17/24 AerCap Holdings (AER) buyer 670 January $97.50 calls $4.90 offer
6/17/24 Apple (AAPL) with 3000 Dec $300 calls bought at $0.61 offers
6/17/24 Apple (AAPL) 5500 Jan $285 calls with offer buys $1.23
6/17/24 Apple (AAPL) AAPL 5000 July 12th (W) $220 puts sold to open 5.30 to 5.25
6/17/24 Micron (MU) large opening seller of 4000 June 28th $155 deep ITM puts at $15.00, reports 6/26
6/17/24 Micron (MU) with 1000 August $200 calls buying here midday at $2.15
6/17/24 Micron (MU) massive buy of 6000 October $165 calls $12.90 to $13.10
6/17/24 Nvidia (NVDA) 25,000 June $135 puts active in large lots early being sold on bids
6/17/24 Nvidia (NVDA) buyer 2000 December $142 calls $16.50 to $16.55
6/17/24 ASML Holding (ASML) more bull flow buys 480 August $1200 calls $18
6/17/24 DataDog (DDOG) 4650 August $95 puts sell to open $1.30
6/17/24 CrowdStrike (CRWD) with 300 March $330 calls bought for $2.88M
6/17/24 Marvell Tech (MRVL) 7500 August 2nd (W) $62 puts sell to open 0.75
6/17/24 Marvell Tech (MRVL) buyer 900 Sept $72.5 calls $6.55 offer
6/17/24 Taiwan Semi (TSM) 1100 September $195 calls bought $8.58
6/17/24 ST Micro (STM) size bull flow here as 2300 October $43 calls buy $3.50 to $3.60
6/17/24 Arista Networks (ANET) interesting buy 200 December $490 calls way OTM at $8.10 offer
6/17/24 Service Now (NOW) 350 August $800 calls bought $14
6/17/24 Service Now (NOW) 500 Aug 2nd (W) $635 puts sell to open $6.30
6/17/24 Arm Holdings (ARM) seeing 750 July 2025 $120 puts sell to open at $20.80 to $21.12
6/17/24 Arm Holdings (ARM) also 900 Jan $155 puts selling to open 29.35
6/17/24 Salesforce (CRM) buyer of 400 Jan 2026 $270 calls at $29.35
6/17/24 Synopsys (SNPS) large opening sales of 350 Sept $590 puts at $33.40 to $31
6/17/24 Advanced Micro (AMD) 1000 Dec. 2025 $175 short puts open $40.03
6/17/24 Microsoft (MSFT) $10M buy of 2000 December 2026 $550 calls at $51.60
6/17/24 HP Enterprise (HPE) seeing 700 March $32 deep ITM puts sell to open at $10.50
6/17/24 Amazon (AMZN) buyers of 5000 Sept $165 ITM calls for over $14M
6/17/24 Dell (DELL) sees 2300 August $160 calls buying late day for $4.70 to $5.30
6/17/24 Broadcom (AVGO) 300 July $1850 calls buying at $74 to $79 while separate trades sell to open 700 Aug $1900 calls and sell 200 January $2500 calls