Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 6:20 FOCUS LIST: NVDA, LLY, MSFT, ISRG, META, ONON, VRT, AVGO, TSM
4) 13:10 Stock Review – Software: IGV (ETF), NOW, ORCL, PANW, CHKP, FTNT, CVLT, GWRE, APP, DOCS
5) 17:15 Stock Review – Semiconductors: SMH (ETF), PI, ARM, AMSC
6) 19:00 Stock Review – Biotech/Medical Products: XBI (ETF) TARS, CRNX, APGE, VKTX, HALO, NTRA, CDNA, UTHR
7) 23:35 Stock Review – Others/General Ideas/Commentary: NFLX, TSLA, UBER, COHR, CLS, FOUR, ASTS, LUNR, CRMD, CWAN, SFM, CAVA, SG, TXRH, FTAI, HWM, GE, SPOT, PLTR, NEE, NRG, VST, CEG, UPST, AFRM, AXON, TGLS, MSTR, DECK, YOU
8) 36:50 Possible High Tight Flags: RKLB (write-up under the 10/5 video), GDS, PCT, AXGN
9) 41:05 Conclusion/Summary

Market Summary:
As I’ve discussed over the past few weeks, we’re in a bull market. Don’t overcomplicate things and don’t overthink things. Remember the main guidelines during power trends: 1) Use the 21-day as your guide. In other words, if we are extended from this level, don’t be surprised to see minor pullbacks through price or through time. 2) Expose yourself to strong stocks and ETFs. I present plenty of ideas in these videos. 3) Get strong entry points near the 21-day and 50-day moving averages. 4) Stick to your stops. Just because it’s a bull market, it doesn’t mean EVERY trade is going to work. You still have to manage risk. 5) Manage your trades as best as possible based on your timeframe. I can give guidelines, but ultimately, you need to decide what position sizes to use, the number of positions to own, and when to take profits.

I’m not expecting any significant downside during Q4 because the Fed is on our side, the seasonality is favorable, and the price action in many stocks is very strong. Does that mean we will go straight up every day? OF COURSE NOT!!! We will still see normal pullbacks and shakeouts along the way, but again, getting strong entry points can help you deal with the normal volatility along the way. As always, I will be open-minded and continue to update you in these videos. Thank you and enjoy the rest of your weekend.

Unusual Option Activity:
10/11/24 China A Shares ETF (ASHR) buyer of 6000 Dec $33/$36 call spreads for $0.44
10/11/24 Gold ETF (GLD) 4000 March $250 calls buy at $9.91, adjusting the $260 calls from 9/12 buyer
10/11/24 Semiconductor Bull 3X ETF (SOXL) opening sales of 1600 Jan 2027 $25 puts at $8.60
10/11/24 Semiconductor Bull 3X ETF (SOXL) also sellers of 1400 of the $26 puts at $9.44
10/11/24 Walmart (WMT) 5850 Nov 1st (W) $77 puts sell to open $0.45
10/11/24 Target (TGT) buyer 700 Nov 22nd (W) $170 calls $3.40 to $3.45
10/11/24 Target (TGT) also 1050 Nov 22nd (W) $175 calls bought up to $2.54, positioning for 11-20 earnings
10/11/24 PDD Holdings (PDD) buyer 1200 Oct 25th (W) $147 calls $4.50
10/11/24 Carvana (CVNA) 400 Nov $165 puts sell to open 7.25 bids
10/11/24 Uber (UBER) buyers of 2000 March $105 calls for $3.05 aggressive offer sweeps
10/11/24 DoorDash (DASH) 1500 Jan $125 deep ITM calls bought at $29.25 to $29.75
10/11/24 Range Resources (RRC) buyer 1000 March $37 calls $1.15
10/11/24 Upstart Holdings (UPST) buyer 2400 Oct $47 calls $0.64 as weekly $42 adjust
10/11/24 Affirm Holdings (AFRM) buyers active for over 5500 Nov $47.50 calls at $4.10 to $4.65
10/11/24 Affirm Holdings (AFRM) also sees 1700 June $47.50 calls bought at $12.25 to $12.60 offers, over $2M
10/11/24 Interactive Brokers (IBKR) 700 Nov $150 puts sell to open $5
10/11/24 JP Morgan (JPM) sweep buyers on offer 500 Jan 2027 $310 calls $8.25
10/11/24 Capricor Therapeutics (CAPR) buyer 500 June $30 calls $4.30
10/11/24 Pfizer (PFE) 12,000 March $29 puts sell to open $1.94
10/11/24 Coherent (COHR) 1050 Nov $110 calls bought $5.22
10/11/24 Celestica (CLS) 2500 Nov $65 calls bought $4.30 as the $62.5 adjust higher
10/11/24 Palantir (PLTR) buyers 3000 March $60 max strike calls on $2.42 offers
10/11/24 Palantir (PLTR) 1500 Jan 2027 $35 calls bought at $18.75 to $18.95 as Dec 2026 calls adjust
10/11/24 Corning (GLW) 1700 Dec $47 calls buying for $400K adding to bullish OI
10/11/24 Corning (GLW) sees midday buyers of 2100 May $47 calls at $4.40 after the Dec calls early
10/11/24 Palo Alto (PANW) buyers of 700 Jan $430 calls at $11.50 to $11.80
10/11/24 Crowdstrike (CRWD) buyer of 215 Dec 2026 $320 calls at $92.60
10/11/24 Nvidia (NVDA) midday buyers of 1500 April $190 calls for $6.30 to $6.45
10/11/24 Nvidia (NVDA) also buyers of 3900 Nov 8th $146 calls at $3.05 offers
10/11/24 MongoDB (MDB) 1200 Oct. $300 calls bought $3.40 to $3.60
10/11/24 Adobe (ADBE) buyer of 500 Dec $565 calls at $8.90
10/11/24 Meta (META) buyer of 1000 Dec $670 calls for $12.30 to $12.80
10/11/24 Meta (META) also a buyer of 1100 Nov 1st $620 calls at $15.65, adjusting $660s
10/11/24 Taiwan Semi (TSM) 1750 Nov $190 puts sell to open $8.56 to $9.20
10/11/24 Constellation Energy (CEG) 2650 Nov 22nd (W) $200 puts sell to open 2.10
10/10/24 S&P 500 ETF (SPY) buyer of 1300 April $640 calls at $4.50
10/10/24 S&P 500 ETF (SPY) sees a large stock replacement buying 35,500 Jan $605 calls at $6.73, over $24M
10/10/24 Russell 2000 ETF (IWM) large opening sales of 3800 Dec 31st (Q) $192 puts at $2.30 bids
10/10/24 China ETF (FXI) sees 6000 March $32 ITM calls buy for $3.45 as Jan calls adjust
10/10/24 Dow Jones ETF (DIA) opening sale of 1000 Dec $425 puts at $9.45 as Oct 420 short puts adjust
10/10/24 S&P 500 ProShares 3X ETF (UPRO) sees buyers of 1500 Nov 22nd $86 calls at $6 to $6.40
10/10/24 TJX (TJX) buyer 300 April $115 calls $6.85 offer
10/10/24 Disney (DIS) 400 April $100 puts sell to open $10.45
10/10/24 Dominos Pizza (DPZ) sees 1350 Nov 22nd (W) $370 puts sell to open 3.63
10/10/24 Dominos Pizza (DPZ)also 1000 Nov $390 puts sell to open 4.40
10/10/24 Uber (UBER) opening seller 750 Sept $60 puts for 3.40
10/10/24 Shake Shack (SHAK) trade sells 500 March $95 puts and buys $120/$140 call spreads
10/10/24 CNX Resources (CNX) seeing 10,000 April $40 calls buy $1.70 to $1.85 aggressively
10/10/24 Chevron (CVX) 1000 August 2025 $140 puts sell to open 7.73
10/10/24 Berkshire Hathaway (BRK.B) buyer 1000 Nov 1st (W) $455 calls 7.15 to 7.20
10/10/24 UP Fintech Holding ADR (TIGR) 14000 Jan $10 calls buying $1.50 offers
10/10/24 Affirm Holdings (AFRM) 1900 Dec $55 calls sold to open 1.91
10/10/24 Biogen (BIIB) 440 December 2026 $185 calls buy to open $45.50
10/10/24 Alnylam Pharma (ALNY) 500 March $330 calls sell to open 10.85
10/10/24 Broadcom (AVGO) size buy 1100 Dec $196 calls $9.69
10/10/24 Microsoft (MSFT) 1300 August $515 calls bought $10.85
10/10/24 Microsoft (MSFT) 2000 April $330 puts sell to open at $4.25 as Nov $370 short puts adjust
10/10/24 CrowdStrike (CRWD) buyer 2000 Nov $370 calls for $2.10
10/10/24 Applied Materials (AMAT) large buyers of 575 Dec 2026 $200 calls at $53 to $53.75 offers
10/10/24 ServiceNow (NOW) buyer 100 Nov 29th (W) $940 calls $58.10
10/10/24 Celestica (CLS) with 3000 June $42.50 puts sell to open $2.75, adjusting April $27.50 short puts
10/10/24 Zscaler (ZS) buyer 400 Jan 2026 $180 calls $50.25 as Jan. 2025 adjust out a year
10/10/24 Zoom (ZM) 1000 Sept $80 calls sell to open 6.60 to 6.50
10/10/24 Nvidia (NVDA) size early trade buying over 5000 March $158 calls $10.05 to $10.15
10/10/24 Nvidia (NVDA) also 5000 each of the $159 and $161 calls bought
10/10/24 Nvidia (NVDA) buying across all strikes, 3900 March $162 calls $9.50 bought, and also 5K March $163 calls bought
10/10/24 Nvidia (NVDA) 4975 March $164 calls bought
10/10/24 Nvidia (NVDA) 5000 March $166 calls bought $8.90
10/10/24 Nvidia (NVDA) also 5K of the March $181 calls bought, every strike in March being bought, wild
10/10/24 Nvidia (NVDA) 5K March $182 calls now bought
10/10/24 Nvidia (NVDA) SUMMARY Nvidia seeing massive March calls bought across $159 through $189 strikes, to the tune of $100M in call premium
10/10/24 Nvidia (NVDA) also sees 10k Nov 1st $130 puts sell to open at $4.15 to $4.34 as Oct $125 short puts adjust
10/10/24 Nasdaq 100 ETF (QQQ) large stock replacement buys 5000 Dec $496 calls at $17.41 offer, over $8.5M
10/10/24 Nasdaq 100 ETF (QQQ) seeing 3000 Oct 31st (W) $495 calls bought $2.4M as Oct 470 adjust out and up
10/10/24 Nasdaq 100 ETF (QQQ) interesting long term spreads buying 500x1000x Jan 2027 $555/$635/$730 call butterfly’s at $ 10.77, playing for a move higher the next two years.