Episode 4 of my new podcast: https://www.youtube.com/watch?v=fiqMzjLPH6U
You can also subscribe on Spotify and iTunes (Apple Podcasts) under Joe’s Happy Hour

Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 7:45 FOCUS LIST: NVDA, ISRG, META, VRT, TSM, ONON, TSLA, PLTR
4) 12:15 Stock Review – Software: IGV (ETF), NOW, ORCL, PANW, FTNT, CRM, DDOG, ML
5) 13:45 Stock Review – Semiconductors: SMH (ETF), AVGO, SMTC, AMSC
6) 14:55 Stock Review – Biotech and Medical Products: XBI (ETF) TARS, SWTX, CRNX, NTRA, WGS
7) 17:00 Stock Review – Others/General Ideas/Commentary: TXRH, COIN, MSTR, WIX, NFLX, CLS, RKLB, LUNR, FOUR, SPOT, BE, VST, CEG, NRG, DECK, EXPE, HOOD, UPST, AFRM
8) 22:10 Conclusion/Summary

Market Summary:
I would like to wish everyone a Happy Thanksgiving! Just a reminder that the US markets are closed this Thursday, and open on Friday until 1:00PM EST. I hope you enjoy your time off with family, friends, and loved ones. It’s a great time of year to focus on gratitude.

The price action of the market is strong and many growth leaders continue to act well. In this video, I reiterate the theme of remaining disciplined with your trading. 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. Thank you and good luck for the remainder of the week.

Unusual Option Activity:
11/26/24 S&P 500 ETF (SPY) over 4500 Jan 31st $580 puts sell to open at $5.49, willing buyers near the 50 day
11/26/24 Healthcare ETF (XLV) sees 5000 Jan $141 puts sell to open for $1.09
11/26/24 S&P Equal Weight ETF (RSP) buyer of 2000 March $200 calls at $1.55
11/26/24 Tesla (TSLA) buyer 1650 Sept $450/$550 call spreads for $16.70
11/26/24 Tesla (TSLA) 650 May $610 calls bought 10.55 offer
11/26/24 Tesla (TSLA) buyers of 3300 August $700 far OTM calls for $12.20 to $12.55
11/26/24 Tapestry (TPR) 2000 Jan 2026 $50 puts sell to open for $3
11/26/24 General Motors (GM) opening sale 1000 Jan 2026 $62.5 calls for $6
11/26/24 Roblox (RBLX) buyer 5000 Feb $62.5 calls $1.26 offer
11/26/24 AppLovin (APP) buyer 500 Feb $380 calls $31.40 to $32
11/26/24 Uber (UBER) large trade opens 5700 Feb $80/$65 bull risk reversals at $0.38 debits
11/26/24 Home Depot (HD) 450 Feb $445 calls sold to open $9.20 and 5000 of the $460 calls sold $5.30
11/26/24 Wynn Resorts (WYNN) seeing 1000 March $87.50 puts sell to open $4.60
11/26/24 Netflix (NFLX) large buy of 1000 Feb $900 calls at $53.15, adjusting Dec $800 calls
11/26/24 Netflix (NFLX) also buys 970 of the Feb $1020 calls at $17.45
11/26/24 Toast (TOST) buyer 3000 Jan $46 calls $1.64
11/26/24 First Solar (FSLR) 380 Feb $195 puts sold to open 20.35 to 19.85
11/26/24 Chevron (CVX) buyer 2000 August $165/$175 call spreads
11/26/24 2x Coinbase (CONL) large trade buying 3000 June $56 calls at $25 to $26, over $7.5M
11/26/24 MicroStrategy (MSTR) 10,000 Dec 6th (W) $460/$650 call spreads open as this week’s 610/750 adjust
11/26/24 Citigroup (C) 4000 Feb $67.5 short puts open $2.17 as Dec adjust
11/26/24 SoFi (SOFI) buyer 2000 Feb $18 OTM calls $1.38 offer
11/26/24 Robinhood (HOOD) buyer of 3500 Dec $42 calls at $1.05 as some $40 calls adjust
11/26/24 Robinhood (HOOD) also 1500 Feb $55 calls bought at $1.06 as $45 calls adjust
11/26/24 Amgen (AMGN) into selloff sees a buyer of 500 Jan $265 calls at $11.40
11/26/24 Amgen (AMGN) also 5000 Feb $235 puts sell to open $3.32
11/26/24 Viking Therapeutics (VKTX) buyer 1000 Jan 72.50 calls for 2.40
11/26/24 Bicycle Therapeutics (BCYC) unusual buy 1500 Dec $20/$35 call spreads for $3.25
11/26/24 Rocket Labs (RKLB) early large buy 2500 Jan 3rd (W) $20 calls $5.30
11/26/24 Freeport McMoran (FCX) with 10,000 March $50 calls bought $1.40 as January adjust
11/26/24 Newmont (NEM) opening sales of 1500 Nov 2025 $35 puts at $2.05
11/26/24 Baidu (BIDU) buyer 800 Feb $85 calls $5.90
11/26/24 Astera Labs (ALAB) 2000 Jan $115 calls buying $10.50 to $10.70
11/26/24 Apple (AAPL) buyers of 2000 Dec 27th (W) $235 calls $5.15 to $5.50
11/26/24 Nvidia (NVDA) trading 5000 Feb $141/$138 bull risk reversals
11/26/24 Nvidia (NVDA) also 9000 Dec 27th (W) $140 short puts open as Dec adjust
11/26/24 Nvidia (NVDA) sees 1675 Jan 2027 $125 puts selling at $25.65
11/26/24 Nvidia (NVDA) 2000 July $105 puts sell to open $6.01
11/26/24 Broadcom (AVGO) large buyers of over 10,000 Jan 3rd $140 ITM calls at $26.75 to $27.50, earnings 12/12
11/26/24 Alibaba (BABA) buyer 2000 Jan 87.5/105 call spreads
11/26/24 Micron (MU) buyer 2000 Dec $104 calls $4.90, earnings 12/18
11/26/24 Arm Holdings (ARM) buyer of 500 August $140 calls at $27.97 as June 2026 calls adjust
11/26/24 Arm Holdings (ARM) 500 Jan 2026 $130 puts sold to open $20.60
11/26/24 Amazon (AMZN) over 9000 Feb $250 calls bought at $1.73 as Dec $200/230 call spreads adjust
11/26/24 Taiwan Semi (TSM) sees 3000 Sept $135 puts sell to open at $4.95
11/26/24 Marvell Tech (MRVL) seeing buyers of 1900 Dec 13th $100 calls at $2.80 to $3.55
11/26/24 Oracle (ORCL) 2000 June $140 puts sell to open 2.36
11/26/24 Vertiv (VRT) buyer of 400 Sept $185 calls at $13.20
11/26/24 NRG Energy (NRG) 2500 Dec $90 puts sell to open 0.85
11/25/24 Ark Innovation ETF (ARKK) 5400 Jan 2027 $85 calls buy at $5.51 to $5.55 as the Jan 2026 $70 calls adjust
11/25/24 Russell 2000 ETF (IWM) opening seller of 3000 Sept $240 puts at $14.46 as Dec short puts adjust
11/25/24 Retail ETF (XRT) buyer of 5000 Jan $90 calls at $0.65
11/25/24 Biotech ETF (XBI) opening sale of 1250 Dec 2026 $89 puts for $8.16
11/25/24 Walmart (WMT) 26,000 Jan $92.5/$100 call spreads bought as Dec spreads adjust
11/25/24 Rivian (RIVN) buyer 3000 June $14 calls for $1.72
11/25/24 Foot Locker (FL) 1400 March $30/$20 bull risk reversals open with 2800 of the puts sold, net credit total
11/25/24 AppLovin (APP) buyer 1000 max strike Jan $490 calls $4.80 offer
11/25/24 Netflix (NFLX) 300 Jan 2026 $840 puts sold to open for $2.5M premium
11/25/24 Shopify (SHOP) 1000 March $135 calls sold to open $4.95
11/25/24 Wynn Resorts (WYNN) buyers 3000 March $110 calls $2.28 to $2.35
11/25/24 Las Vegas Sands (LVS) seeing March OTM call buys with 6500 March $60 at $1.10
11/25/24 Bloom Energy (BE) buyer 1000 Jan 2026 $27 calls $7.40 offer
11/25/24 Berkshire Hathaway (BRK.B) opening sales of 400 Jan 2027 $500 ITM puts at $40 to $39.70
11/25/24 MicroStrategy (MSTR) buyer 590 June $460 calls $168.80 for $11M
11/25/24 MicroStrategy (MSTR) 1000 April $300 puts sell to open $73.90
11/25/24 AstraZeneca (AZN) large buyer of 2645 Jan 2027 $65 calls at $11.35
11/25/24 BridgeBio Pharma (BBIO) sees 2700 Jan 2026 $30 puts sell to open at $6.40
11/25/24 J&J (JNJ) seeing over 1900 June $155 calls buying at $8.75 to $8.85 offers, seeing more bullish flow lately
11/25/24 SpringWorks Therapeutics (SWTX) sees 910 Dec 2025 $40 puts sell to open $7.75, adjusting Dec $45 short puts
11/25/24 BioCryst Pharma (BCRX) opening sale of 1000 Jan 2026 $7 puts at $1.20 as Jan 2025 puts adjust
11/25/24 Honeywell (HON) 3500 Feb $240 calls bought $5.82 as Dec $230 adjust
11/25/24 Modine Manufacturing (MOD) 1700 Jan $150 calls bought as $140 strike adjusts higher
11/25/24 Oklo (OKLO) buyers of 2000 March $15 ITM calls at $10.25
11/25/24 Apple (AAPL) 4250 Dec $232.50 calls hot with buyers $4.90 to $5.25 early
11/25/24 Pinterest (PINS) 350 March $36 puts sell to open $6.45 bids
11/25/24 Nvidia (NVDA) early buyers 1000 each Dec 13th (W) $131 and $132 ITM calls
11/25/24 Nvidia (NVDA) buyer 1000 Sept 2026 $140 calls $40.30 to $40.85
11/25/24 Nvidia (NVDA) also buyer 30,000 Feb $138 calls $12.35
11/25/24 Amazon (AMZN) 300 July 190 puts sell to open $11.85
11/25/24 Amazon (AMZN) buyer 1050 June 2026 $195 calls $40.80 to $41.50
11/25/24 Advanced Micro (AMD) 500 May $120 calls bought ITM for $1.55M
11/25/24 Google (GOOGL) opening sale 1300 Dec 2025 $155 puts for $10.85
11/25/24 Google (GOOGL) 1400 April $150 puts sold $3.70 to open
11/25/24 Reddit (RDDT) buyer 500 January 2026 $220 calls for $29.60
11/25/24 Micron (MU) 500 May $125 puts sold to open for $1.25M
11/25/24 Marvell Tech (MRVL) buyer 1250 March $105 calls for $6.54
11/25/24 Nasdaq 100 ETF (QQQ) sees stock replacements selling to open 5800 March $515 puts at $20.55 to $20.28, over $12M in premiums and follows recent large March $510 put sellers. Confident bulls into Q1 that dips remain shallow.