Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 13:20 Stock Review – Aerospace/Defense: ASTS, RKLB, HWM, GE, RTX
4) 15:15 Stock Review – Others/General Ideas/Commentary: META, PLTR, LLY, UBER, NVDA, AVGO, DOCS, CHKP, SPOT, WGS, MP, TW, CRMD, CWEB, FXI, QQQ, SPY
5) 20:55 Conclusion/Summary

Market Summary:
Over the past 2-3 weeks, I’ve been emphasizing “defense, defense, defense.” Why? The major indexes are below their 50-day moving averages (most are also below their 200-days), and the price action of stocks is very poor. From here, I would like to see 5 things in order to feel more confident that a new SUSTAINED uptrend might be coming: 1) Signs that the selling is slowing down. 2) One (preferably two) follow through days. 3) The major indexes to regain their 50-day. 4) The price action of stocks to improve. 5) Sentiment to get washed out. Again, this will take time to develop, but in the meantime, I will keep curating a list of stocks holding up well and observe how they act.

In this video, I review when we could possibly see a follow through day. I also discuss the strategy of using index ETFs when there are no stocks setting up. As always, any strategy I present is only if it fits your style. In this specific case, it would be potentially useful to members who have a decent cash position and might be looking to participate in a snap-back rally. Again, this is tricky and the market could continue lower, so if you are going to do anything, PLEASE keep your positions light. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
3/11/25 S&P 500 ETF (SPY) 35,000 May $500 puts sold to open $6.30
3/11/25 Nasdaq 100 ETF (QQQ) buyers of 1700 April 25th $500 calls at $6.50 to $7.50
3/11/25 Vanguard Europe Pacific ETF (VEA) buyers of 2200 June $47 calls at $5 to $5.10
3/11/25 Healthcare ETF (XLV) buyer 5000 Dec $165 calls $2.24
3/11/25 Bitcoin ETF (IBIT) buyer 23,660 April 4th $25 deep ITM calls at $21.22 as the March 14th $30 calls adjust
3/11/25 XPeng ADR (XPEV) 1000 Oct $30 calls buy 5.15 offers
3/11/25 XPeng ADR (XPEV) also 1250 Oct $32 calls bought $4.85 offer
3/11/25 Tesla (TSLA) trade put on 1500 Nov $500/$150 bull risk reversals for a $7.46 credit
3/11/25 Tesla (TSLA) also seeing 20,000 April $220 calls open as $265 strike adjusts
3/11/25 Tesla (TSLA) 600 Nov $170 puts sold to open 21.90
3/11/25 Walmart (WMT) 2400 Jan 2027 $75 puts sold $4.95
3/11/25 Walmart (WMT) 3000 Jan $100 calls bought $5.50
3/11/25 Walmart (WMT) 2600 Dec 2026 $75 puts sold $4.60
3/11/25 Costco (COST) Sept $1000 calls sold to open 44.90
3/11/25 DoorDash (DASH) buyer of 550 April $175 ITM calls at $16.97
3/11/25 Disney (DIS) buyer 2500 July $105 calls $4.88
3/11/25 Shopify (SHOP) 1500 July $105 calls sold to open $9
3/11/25 Shopify (SHOP) opening sale 300 Jan 2027 $90 puts $21.30
3/11/25 Lyft (LYFT) 2500 June 10 puts sold to open 0.99
3/11/25 Trade Desk (TTD) large opening sale 1500 March 2026 $70 puts at $19.20
3/11/25 Chevron (CVX) opening sales 1400 May $155 puts at $6.40
3/11/25 Robinhood Markets (HOOD) buyer 2000 Sept $45/$55 call spreads
3/11/25 Robinhood Markets (HOOD) also 1850 Sep $40 calls with buys against $50 calls
3/11/25 Robinhood Markets (HOOD) 7450 April $34 puts sell to open 2.91
3/11/25 Schwab (SCHW) 1650 July $65 short puts opening near 2.90
3/11/25 JP Morgan (JPM) buyer of 1200 Jan $245 calls at $12.65 as June 2026 $260 calls adjust
3/11/25 Bank America (BAC) buyers of 6000 April $40 calls at $1.90, adjusting $41 calls
3/11/25 Neurocrine Biosciences (NBIX) 3000 April $125 short puts opening as March $125 adjust
3/11/25 Eli Lilly (LLY) opening sale 700 Dec $1000 calls $48
3/11/25 Vertiv (VRT) buyers of 1000 Jan $80 calls at $22 to $22.15
3/11/25 Vertiv (VRT) also buyers of 500 Jan $82.50 calls at $21.70
3/11/25 3M (MMM) opening sale of 450 Sept $145 puts at $11.55
3/11/25 Oracle (ORCL) 6000 April 120 puts sold to open 1.19
3/11/25 Oracle (ORCL) also 6000 April $125 puts selling to open 2.20
3/11/25 Teradyne (TER) 7000 June $70 puts sold to open 1.95
3/11/25 Teradyne (TER) also large opening sale 1200 January $80 puts 10.50
3/11/25 Nvidia (NVDA) opening seller of 5000 March 28th $101 ITM calls at $9.70
3/11/25 Alibaba (BABA) buyer 2250 June $150/$180 call spreads for $6
3/11/25 Google (GOOGL) 1275 March 2026 $120 puts sell to open $4.25
3/11/25 Marvell Tech (MRVL) opening sale of 400 August $65 puts at $9.15
3/11/25 Pinterest (PINS) seeing opening sales of 6500 April 25th $30 puts at $1.18
3/11/25 AST SpaceMobile (ASTS) buyer 2850 June $50 calls for $1.94
3/11/25 T-Mobile (TMUS) opening sale 950 January $300 calls for 13.70
3/10/25 Nasdaq 100 ETF (QQQ) 1000 June 2026 $390 puts sell to open $15.95
3/10/25 Nasdaq 100 ETF (QQQ) with 9000 April $495/$460 bull risk reversals open at $1.30 credit
3/10/25 Nasdaq 100 ETF (QQQ) block of 1000 Sept 30th (Q) $470 puts sold to open at $26.42
3/10/25 Russell 2000 ETF (IWM) large trade opens 15,000 Sept $225/$185 bull risk reversals for small credit
3/10/25 China ETF (FXI) sees 30,000 May $33 puts sell to open $0.60, also 10K May $37 calls bought at $1.61
3/10/25 Silver ETF (SLV) buyer of 2600 Sept $32 calls at $1.55 offers
3/10/25 Gold ETF (GLD) 3950 Dec $252 puts sell to open $6.25
3/10/25 Gold Miners ETF (GDX) 4500 Dec $40 puts sold to open $3.20
3/10/25 Uranium ETF (URNM) 4800 May $31 puts selling to open
3/10/25 Regional Banks ETF (KRE) opening sale 4200 Sept $48 puts 2.08
3/10/25 Semiconductors ETF (SOXX) opening sale 1000 Oct $195 puts 17.70
3/10/25 Semiconductors ETF (SMH) sees 1250 Jan 2027 $200/$160 bull put spreads sell to open $12.85
3/10/25 Domino’s Pizza (DPZ) opening sale of 1550 April $390 puts at $3.87
3/10/25 Sea ADR (SE) 1500 Oct $135/$90 bull put spreads sell for $16.76
3/10/25 DoorDash (DASH) 1000 June $175 calls opening over $2M as some March calls adjust
3/10/25 Wix.com (WIX) spread sells 250 October $160 puts to buy $180/$240 call spreads
3/10/25 Uber (UBER) opening sale 1600 March 2026 $62.5 puts at $6
3/10/25 Uber (UBER) also buyer 1000 March 2026 $72.50 calls $13.60 offer
3/10/25 Home Depot (HD) buyer 600 Sept $400 calls $18.35 in a size lot trade
3/10/25 GEO Group (GEO) with 1300 June $25/$17 bull risk reversals open at $2.30 debits
3/10/25 Amgen (AMGN) sees 6000 June $350/$400 call spreads buy at $4.95
3/10/25 Protagonist Therapeutics (PTGX) sees 1000 April $45 puts sell to open $1.30 to $0.80
3/10/25 Boeing (BA) 700 March 2026 $120 puts sell to open $8.55
3/10/25 Micron (MU) 8800 April 11th (W) $65 puts sell to open 0.56
3/10/25 Marvell Tech (MRVL) 1250 May $60 puts sold to open $3.35
3/10/25 Apple (AAPL) 4300 April 4th (W) $220 puts bought $3.50 to $3.75 against $200 puts in spreads
3/10/25 Taiwan Semi (TSM) 1000 July $140 puts sold to open 5.40
3/10/25 Taiwan Semi (TSM) also 7500 Oct $165 puts sell to open 17.55 to 17.45
3/10/25 Arm Holdings (ARM) buyer 300 June $115 calls 17.55
3/10/25 Meta (META) buyer of 1500 October $650 calls at $53 to $53.83, over $8M
3/10/25 Meta (META) also buyers of 1500 Oct $695 calls at $38 to $39
3/10/25 Amazon (AMZN) buyer of 1200 March 2026 $240 calls at $12.73 as $255 calls adjust
3/10/25 AST SpaceMobile (ASTS) 2650 June $20 puts sell to open 2.38
3/10/25 Vertiv (VRT) 1500 Sept $65 puts sell to open 7.90