Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 6:25 FOCUS LIST: NVDA, LLY, MSFT, ISRG, META, ONON, VRT, AVGO, TSM
4) 10:55 Stock Review – Software: IGV (ETF), NOW, ORCL, PANW, CHKP, FTNT, CVLT, GWRE, APP, DOCS
5) 13:05 Stock Review – Semiconductors: SMH (ETF), PI, ARM, AMSC
6) 14:15 Stock Review – Biotech/Medical Products: XBI (ETF) TARS, CRNX, VKTX, UTHR
7) 15:55 Stock Review – Others/General Ideas/Commentary: WIX, NFLX, UBER, COHR, CLS, FOUR, ASTS, RKLB, LUNR, CRMD, CWAN, SFM, SG, CAVA, TXRH, FTAI, HWM, GE, SPOT, PLTR, NEE, NRG, CEG, VST, GDS, PCT
8) 22:55 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. If you have any questions, you can ask them during the next LIVE webinar, which will be next Saturday, October 26 at 11AM EST. Thank you and enjoy the rest of your weekend.

Unusual Option Activity:
10/18/24 Financials ETF (XLF) with 26,116 Sept 2025 $49 puts sell to open for $3.20 as the massive Jan $45 short puts adjust
10/18/24 Consumer Discretionary ETF (XLY) opening sale of 1000 Jan 2026 $140 puts at $2.90
10/18/24 Consumer Discretionary ETF (XLY) also large seller of 2000 Sept 2025 $194 puts at $11.25
10/18/24 China A shares ETF (ASHR) sees 5500 Dec $27 calls buying $2.00
10/18/24 Target (TGT) 2500 Nov 22nd (W) $175 calls bought $1.72 to $1.75, earnings 11-20
10/18/24 Tesla (TSLA) large opening seller of 1500 May $210 puts for $25.30, collecting $3.8M
10/18/24 Pinterest (PINS) seeing more put sales today with 1100 Jan $34 puts sell to open $3.30
10/18/24 Netflix (NFLX) 1500 Dec $800 calls bought $16.29 to $16.65
10/18/24 Sirius XM Holdings (SIRI) with 4000 Nov $27 puts selling to open 1.35
10/18/24 Wix.com (WIX) buyer 1000 Nov $190 calls $3.80 as some Oct $170 adjust
10/18/24 Cheniere Energy (LNG) 2000 Nov 22nd (W) $170 puts sell to open 1.52
10/18/24 MicroStrategy (MSTR) buyers 875 Dec $230 calls for $2.25M
10/18/24 PayPal (PYPL) buyer 1500 April $75 calls with Oct 70 adjusting
10/18/24 Coinbase (COIN) buyers of 2200 Jan $350 calls at $7.50 to $7.80
10/18/24 Coinbase (COIN) also seeing 1200 June $330 calls buying $26.95
10/18/24 Teradyne (TER) 5000 November $105 puts sell to open 1.11
10/18/24 Alibaba (BABA) 2050 Nov 1st (W) $100 calls bought $4.94
10/18/24 Alibaba (BABA) with 6000 Feb $110 calls bought at $7.00 into the close in large blocks, over $4M
10/18/24 Amazon (AMZN) buyer 1800 April $225 OTM calls $5.38 to $5.40
10/18/24 Amazon (AMZN) also 7500 March $220 calls buy $5.90 to $6
10/18/24 Nvidia (NVDA) sees a block of 2500 Nov 29th $135 puts sell to open $8.66
10/18/24 Nvidia (NVDA) massive buyer of 9000 Jan 2027 $135 calls at $47.15 up to $47.40
10/18/24 Nvidia (NVDA) also some large lots buying over 4000 Feb $170 calls at $7.30 to $7.55
10/18/24 Nvidia (NVDA) late day buyers of 10,000 Nov 29th $110 deep ITM calls for $30.50 up to $30.80, over $30M
10/18/24 Synopsys (SNPS) with 765 Dec $430 puts sold to open 6.85
10/18/24 Cadence Design (CDNS) opening sales of 1800 Nov $215 puts at $1.70 bids
10/18/24 Microsoft (MSFT) 1000 June 2026 $600/$350 bull risk reversals opening at $7.50 credit
10/18/24 HP (HPQ) with 2000 Nov 29th $37 puts sell to open $1.33
10/17/24 Russell 2000 ETF (IWM) 6200X bull risk reversal bought the Nov 1st (W) $229 calls and sold the $219 puts for debit $1.07
10/17/24 Russell 2000 ETF (IWM) sees a block of 6000 October 25th $224 puts sell to open at $1.43 bids
10/17/24 S&P 500 ETF (SPY) seeing 22k Nov 1st $590 calls buying at $3.64 as Oct 25th $580 calls adjust
10/17/24 S&P 500 ETF (SPY) opening sellers in Dec $585 puts for $13.20
10/17/24 Nasdaq 100 ETF (QQQ) buyer of 3200 Sept 2025 $510 calls at $40.03 as the Dec calls adjust out
10/17/24 Nasdaq 100 ETF (QQQ) opening sales of 4000 Nov 29th $495 puts at $13.30 to $12.35
10/17/24 Tesla (TSLA) buyer 600 Nov 29th (W) $230 calls 11.90 to $12
10/17/24 Lululemon (LULU) buyers of 1300 Nov $320/$350 call spreads
10/17/24 Costco (COST) 800 Nov 22nd (W) $850 puts selling to open for $850K premium
10/17/24 Uber (UBER) 7950 Nov 29th (W) $67 puts sell to open for 0.70
10/17/24 Chewy (CHWY) 2000 Nov $20 ITM calls opening $9.25 with Oct adjusting
10/17/24 Chipotle (CMG) buyer 550 Dec $59.10 calls $3.60 offer
10/17/24 Lowe’s (LOW) 1800 Nov 1st (W) $285 calls bought for $570K
10/17/24 AppLovin (APP) 750 Feb $135 puts being sold to open $13.20, also 300 May 160 calls sell to open 20.20
10/17/24 CleanSpark (CLSK) 5000 Oct 25th (W) $12 puts sold to open 0.81
10/17/24 CleanSpark (CLSK) also 925 ITM March $7 calls bought $575K
10/17/24 Robinhood (HOOD) buyer of 2400 Jan 2027 $30 calls at $8.77 as Jan 2026 calls adjust
10/17/24 Zillow (Z) opening sales of 1100 May $42.50 puts for $1.70 bids
10/17/24 Novo Nordisk (NVO) buyer 1000 Nov $120 calls $5 to $5.30, reports 11-6
10/17/24 Glaukos (GKOS) 260 Dec $100 ITM calls bought $33
10/17/24 Recursion Pharma (RXRX) buyer of 1250 Jan 2027 $7 calls at $3.40 offers
10/17/24 SpringWorks Therapeutics (SWTX) buyer 1000 Dec $35/$50 call spreads $2.65
10/17/24 Otis Worldwide (OTIS) 1250 March $110 calls open $4.59 as Jan 105 adjust
10/17/24 Rocket Lab (RKLB) seeing 2300 April $11 puts sell to open at $2.50
10/17/24 Nvidia (NVDA) trading 90,000 Dec $180/$190 bull call spreads in the opening hour
10/17/24 Nvidia (NVDA) seeing buyer flow on offers January $170 calls 35,000X
10/17/24 Nvidia (NVDA) sees 1000 May $150 calls buy at $19.90
10/17/24 Nvidia (NVDA) also large buyers of 6900 Dec $149 calls at $9.37 as some $145 calls adjust up
10/17/24 ASML Holding (ASML) 350 Nov $760 calls bought $10 to $10.20
10/17/24 ASML Holding (ASML) 200 Jan 2026 $570 puts sell to open $54.60 bids
10/17/24 Taiwan Semi (TSM) buyers of 1400 Nov 22nd $210 calls at $11 to $12.20
10/17/24 Taiwan Semi (TSM) also over 7000x Nov $250 calls trading mostly bought at $1.10 to $1.44
10/17/24 Taiwan Semi (TSM) massive trader adjusting Nov $175 calls and buys 68,000 Feb $195 calls $28.05 to $28.10
10/17/24 Coherent (COHR) a hot call flow name for months sees 400 Dec $110 calls buy $7.90 offer
10/17/24 Palantir (PLTR) 3850 March $26 puts sell to open 0.65
10/17/24 Broadcom (AVGO) seeing buyers of 1000 June $225 calls for $12 to $12.80
10/17/24 Broadcom (AVGO) large buy 2550 Sept $230 calls $14.45
10/17/24 Arm Holdings (ARM) massive midday buyers of 5000 Jan $190 calls for $10.74 to $10.84 in a few large blocks
10/17/24 Arm Holdings (ARM) 750 March $160 calls bought $27.10 to $27.50
10/17/24 Constellation Ene4rgy (CEG) buyer 700 Dec $290 calls $21.10