Compound and Friends Podcast link: https://www.youtube.com/watch?v=VQrR4SVCbGA

CNBC Interview link: https://www.youtube.com/watch?v=1DVTvoFwa1U

Topics covered:
1) 0:00 Announcements
2) 0:25 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 6:00 FOCUS LIST: NVDA, LLY, MSFT, ISRG, META
4) 8:35 Stock Review – Software and Semiconductors: IGV (ETF), NOW, PANW, CYBR, GDDY, CVLT, SMH (ETF), AVGO, TSM
5) 11:00 Stock Review – Biotech/Medical Products: XBI (ETF), DYN, CSTL, SUPN, CRNX, ALNY, TMDX, HALO, MMSI, NTRA, GRAL
6) 13:05 Stock Review – Watch List/General Ideas/Commentary: NFLX, CWAN, ASTS, SFM, PLTR, ONON, CAVA, DY, SPOT, NEE, VRT
7) 17:30 Conclusion/Summary

Market Summary:
We had a Day 6 follow through day (FTD) on Tuesday, August 13th for both the Nasdaq Composite and the S&P 500. It doesn’t mean we are out of the woods, but it’s definitely a step in the right direction. I would have preferred that Tuesday’s volume was above average (showing that the institutions were coming back into the market with higher conviction) but the volume still met the definition of a FTD, so I’m not going to argue with it.

As I wrote in the Market Note to Members, I am still going to be patient until I see more growth stocks building bases to provide us with safer entry points. I would also like to see the major indexes regain their 50-day moving averages, and an additional FTD in the next week or so. One thing we DO NOT want to see is any heavy distribution after a FTD. I increased my investment levels over the past week from approximately 40% invested to 65%. Most of the new positions I added are lighter/half positions. I will feel more comfortable increasing my exposure even more after the market proves itself a little better. From a contrarian point of view, I like how sentiment turned very negative over the past week and I discuss it in this video. Thank you and good luck for the remainder of the week.

Unusual Option Activity:
8/14/24 Oil &Gas Bull 2x ETF (GUSH) sees 1000 Jan $30.25 calls buy at $4.50, follows the Dec calls last week
8/14/24 China Tech ETF (KWEB) sees 15k December $26 calls buy $2.04
8/14/24 Elf Beauty (ELF) 200 Nov $150 puts sell to open 18.80 and buying 400 of the $160/$200 call spreads
8/14/24 Tesla (TSLA) Sep t13th (W) $200 calls 1250X bought $13.70 to $14.60
8/14/24 Costco (COST) buyer 200 Oct $845 calls for $52.30
8/14/24 Starbucks (SBUX) another 2985 Dec 2026 $95 calls bought $17.75
8/14/24 Starbucks (SBUX) with 2000 Nov $100 calls buying at $3.00 offers
8/14/24 Starbucks (SBUX) late day buyers for over 4000 Oct $105 calls at $1.55
8/14/24 Lyft (LYFT) buyer 7700 Jan $12.50 calls for $0.87
8/14/24 Sprouts Farmers Market (SFM) buyers of 640 Sept $95 ITM calls at $4.25 to $4.50
8/14/24 Caesars Entertainment (CZR) seeing another 4650 Jan 2026 $50 calls bought for $2M
8/14/24 Wynn Resorts (WYNN) 1750 Dec 82.50 calls sell to open
8/14/24 Robinhood (HOOD) 5250 Feb $28 calls sold to open 1.06
8/14/24 JP Morgan (JPM) large opening sale of 1500 Jan $210 puts at $11.83 as the March $195 short puts adjust
8/14/24 Sarepta Therapeutics (SRPT) 300 Jan $135 puts sold to open $15 to $15.50
8/14/24 Immunovant (IMVT) buyer 1750 April 2025 $32 calls for $6.98 as August $29 adjust
8/14/24 Roivant Sciences (ROIV) buyer of 12,500 Sept $12 calls bought at $0.40 as $11 calls adjust
8/14/24 Eli Lilly (LLY) trading 2000 Aug 23rd (W) $950 calls with some strong offer side action
8/14/24 CorMedix (CRMD) unusual aggressive buys of 3500 March $3 calls $2.30 to $2.50, inpatient launch will show up in next quarter results with potential for Defencath to become the standard of care across all dialysis procedures
8/14/24 Serve Robotics (SERV) sees 1000 March $10 calls buy $5.40 to $5.50
8/14/24 Vertiv (VRT) with 3050 Nov $65 puts sell to open $3.85 a the $50 puts adjust
8/14/24 Vertiv (VRT) 1000 Jan 2026 $40 puts sold to open $3
8/14/24 Union Pacific (UNP) buyer of 1000 Sept $245/$260 call spreads at $3.55
8/14/24 Boeing (BA) 450 Dec 2025 $150 puts sell to open $14.85
8/14/24 Nvidia (NVDA) sellers in Oct $144 calls 13,500X
8/14/24 Nvidia (NVDA) over 4k Sept 6th $113 calls buy at $9.75 to $10.65, also 2k of the $114 calls buying at $10.10
8/14/24 Nvidia (NVDA) large opening sellers of 22k August 30th $120 ITM puts for $9.70 to $10.20
8/14/24 Nvidia (NVDA) massive buyer of 20,000 Sept $116 calls at $10.20 as the $115 long calls adjust up a strike
8/14/24 Nvidia (NVDA) opening sale 1100 Jan 2026 $97 puts for $15.31
8/14/24 Google (GOOGL) 3500 Sept 13th (W) $150 puts sell to open 1.36
8/14/24 DataDog (DDOG) 5000 Sept 27th (W) $100 puts sell to open 1.25 to 1.20
8/14/24 Microsoft (MSFT) buyer 638 Dec 2026 $415 calls at $83 for over $5M
8/14/24 Advanced Micro (AMD) opening sale 4430 Sept 27th (W) $115 puts $1.30
8/14/24 Arm Holdings (ARM) buyer 1960 Dec 2026 $130 calls $55.60, consistent size bull flow
8/14/24 Arm Holdings (ARM) 2400 Dec 2026 $125 calls bought as well
8/14/24 Broadcom (AVGO) with 2000 Feb $140 puts selling to open $10.10 to $10
8/14/24 Qualcomm (QCOM) buyer of 300 March 2026 $175 calls at $28.90 to $29.20
8/14/24 Palantir (PLTR) buyer of 3500 March $33 calls at $5
8/14/24 Constellation Energy (CEG) spreads selling 500 Nov 180 puts to buy 210/240 call spreads
8/14/24 NextEra Energy (NEE) 2000 Sept 13th (W) 80 calls bought
8/13/24 Nasdaq 100 ETF (QQQ) 2500 Dec $495/$525 call spreads bought
8/13/24 Oil ETF (USO) sees 1200 Oct $73 ITM calls buy at $7 to $7.55
8/13/24 Gold ETF (GLD) large buy 4000 Jan 2026 $280 far OTM calls for $7.89
8/13/24 Uranium ETF (URA) 1200 Oct 25 puts sell to open 1.56
8/13/24 Hims and Hers (HIMS) 1500 Jan $11 puts sold to open 0.80 to 0.75
8/13/24 Ford (F) 3000 Dec 2026 $8 puts sell to open 1.19
8/13/24 McDonalds (MCD) 900 Oct $275 calls sell to open 6.15 to 6.10
8/13/24 Lululemon (LULU) buyers of 1500 Sept $280 calls at $4.75 offers, reports 8/29
8/13/24 Home Depot (HD) 1000 September $345 calls bought $11.40 to $12
8/13/24 Chipotle (CMG) sees 9500 Sept $43 puts sell to open 0.43
8/13/24 Chipotle (CMG) sees buyers of 1100 Sept 6th and Sept 13th $50 calls each bought
8/13/24 Uber (UBER) 2000 Aug 30th (W) $70 calls buying 2.15 to 2.45
8/13/24 Spotify (SPOT) massive buyer of 1200 Jan $250 deep ITM calls at $100.50 as the $220 calls adjust higher
8/13/24 Conoco (COP) 2800 Oct $115 calls buying $2.29 and selling in the $95 puts 1370X
8/13/24 Schlumberger (SLB) opening sale of 1600 March $37.50 puts at $1.60
8/13/24 PayPal (PYPL) 1465 March $65 calls bought for $1.2M as Sept calls adjust
8/13/24 PayPal (PYPL) also size buyer 3500 Nov $70 calls to open $3.31
8/13/24 MicroStrategy (MSTR) buyers of 1500 Sept 6th $150 calls at $4.90 to $6.30
8/13/24 Madrigal Pharma (MDGL) seeing 260 Jan 2026 $230 puts sell to open at $50.30
8/13/24 Insulet (PODD) opening sale 400 September $190 puts 8.40
8/13/24 J&J (JNJ) opening sale 10,000 September $150 puts 1.15 to 1.10
8/13/24 AbbVie (ABBV) opening sales of 950 June $185 puts at $12.35
8/13/24 Freeport McMoran (FCX) 3000 November $47 calls bought spreading against $55 calls
8/13/24 Meta (META) sees 2000 Oct $510 puts selling to open 18.45
8/13/24 Microsoft (MSFT) similar to META trades with 8500 Oct $405 puts selling to open $10.45 to $10
8/13/24 Arista Networks (ANET) with 447 Oct $300 puts sell to open $7.20
8/13/24 Advanced Micro (AMD) Dec. 2026 $140 calls bought 1184X at $44.75
8/13/24 Google (GOOGL) massive buys in June 2026 $160 calls $33+ for 3400 contracts, over $11.5M
8/13/24 Arm Holdings (ARM) another 2000 Dec 2026 $120 calls buy $52.40
8/13/24 Intel (INTC) opening sale 3000 March 20 puts 2.67 to 2.65
8/13/24 Micron (MU) seeing 1000 Jan $97.50/$160 call spreads buying at $11.90
8/13/24 DataDog (DDOG) seeing 1300 Nov $120 calls buy $8 to $8.20
8/13/24 Dell (DELL) buyer 500 Sept 27th (W) 100 calls for $9.65
8/13/24 Dell (DELL) 2000 Aug 30th (W) $104 calls buy $5.80, captures 8-29 report
8/13/24 Nvidia (NVDA) buyer of 6250 August 30th $132 calls at $2.06 and buys 3750 of the $138 calls at $1.24 with earnings that week
8/13/24 Taiwan Semi (TSM) with 2800 Sept 13th $170 calls buying at $8.45 to $9
8/13/24 Broadcom (AVGO) buyers of 1800 Sept 6th $160 calls at $6.60, captures earnings 9/5
8/13/24 Qualcomm (QCOM) seeing 5000 Aug 30th (W) $185 calls bought 0.84+
8/13/24 Constellation Energy (CEG) sweep buys 450 Nov $200 calls up to $15.30 offer
8/12/24 S&P 500 ETF (SPY) 3000 Sept 6th (W) $540 calls bought for $2M
8/12/24 Regional Banks ETF (KRE) opening sale 2000 June 2026 $49 puts for $5.17
8/12/24 Tesla (TSLA) 1000 Sept 6th (W) $200 calls bought $9.31 to open
8/12/24 Tesla (TSLA) 40,000 Nov $225 calls open $13.09 as Sept $230 calls adjust
8/12/24 P&G (PG) 400 Oct $155 calls bought $14.45 to $14.60
8/12/24 Lululemon (LULU) 300 July 2025 $190 puts sold to open $15.80
8/12/24 Starbucks (SBUX) 4000 August 23rd (W) $78 calls buy $1.14 with activist stakes
8/12/24 Disney (DIS) buyer 3250 Jan $105 calls $1.40 also seeing buys in Nov 90 calls
8/12/24 AppLovin (APP) buyer 600 October $80 calls for $5.25
8/12/24 Netflix (NFLX) 100 March $620 puts sell to open $53.20
8/12/24 Chevron (CVX) 2300 June 2025 $130 puts sell for $6.35
8/12/24 Goldman Sachs (GS) 300 March $450 puts sell to open 22.80 to 22.70
8/12/24 Zillow (Z) buyers of 1600 Feb $65 calls up to 2.68
8/12/24 LPL Financial (LPLA) with 2600 August $200 calls bought $2.95 aggressively
8/12/24 Illumina (ILMN) opening seller 2000 September $95 puts 0.88
8/12/24 AbbVie (ABBV) seeing 1770 Sept 6th (W) $190 calls with buyers $4.30 to $4.50
8/12/24 Eli Lilly (LLY) large opening sale 350 Jan $840 puts $52.50
8/12/24 Serve Robotics (SERV) buyer 1000 September $14 calls for $1.25
8/12/24 Nvidia (NVDA) buyer 2300 Sept 27th (W) $125 calls $4.45 offer
8/12/24 Nvidia (NVDA) 1000 June 2026 $105 puts sell to open 23.47
8/12/24 Microsoft (MSFT) sees 6700 Dec $455 calls bought near $9 adjusting back the $475 strike
8/12/24 Microsoft (MSFT) 2000 Sept 13th (W) $425 calls bought near $4.30
8/12/24 Microsoft (MSFT) 500 Feb $380 puts sell to open 16.45 to 16.40
8/12/24 DataDog (DDOG) 4050 Sep. 13th (W) $97 puts sell to open $0.91
8/12/24 Arm Holdings (ARM) 2350 Dec 2026 $120 calls bought for over $12M
8/12/24 Lam Research (LRCX) 100 Oct $825 puts sell to open 67.75
8/12/24 CrowdStrike (CRWD) 2150 Sept $180 puts sell to open 2.13
8/12/24 Dell (DELL) 1000 Nov $90 puts sold to open 7.71
8/12/24 Texas Instruments (TXN) with 6400 June 2025 $230 calls sold to open 8.01 to 7.81
8/12/24 Amazon (AMZN) buyer 8500 December $170 calls $13.95 offer
8/12/24 Palantir (PLTR) 885 February $28 puts sell to open $3.65