Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 6:10 Stock Review – Aerospace/Defense: SHLD (ETF), RTX, PLTR, KTOS, ATRO, RKLB, MRCY
4) 8:55 Stock Review – Others/General Ideas/Commentary: SFM, NGVC, WGS, GH, CRWD, RYTM, SMMT, ADMA, NFLX, VRTX, UBER, SPOT, MP, META, TSLA, NVDA
5) 13:40 Conclusion/Summary

Market Summary:
Over the past 6 to 8 weeks, I’ve been emphasizing “defense, defense, defense.” Why? Because the major indexes are below their 200-day moving averages, and the price action of growth 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 (FTD). 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 remind members that the major indexes are still below their 200-day moving averages. Look at the big picture and don’t be complacent! While some growths stocks are regaining their 50-day moving averages (and I discuss them in this video), I still want to see more consistency before I feel comfortable that a sustained uptrend is coming. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
4/15/25 Nasdaq 100 ETF (QQQ) buyer of 2500 Nov $460/$545 call spreads at $35.05, over $8.75M
4/15/25 Gold ETF (GLD) 1500 May $296 puts sold to open $6.20
4/15/25 Biotech ETF (XBI) opening sale of 2000 May $76 puts at $2.97 bids
4/15/25 Semiconductors ETF (SMH) buyer of 3000 May 2nd $190 puts at $3.95
4/15/25 Energy ETF (XLE) opening seller of 1200 Dec 2027 $70 puts at $7.10
4/15/25 Bitcoin ETF (IBIT) 2000 August $43 puts sold to open $3.25 to $3.20
4/15/25 JM Smucker (SJM) block 3000 May $115 puts sold to open for $1.65
4/15/25 Walmart (WMT) 7000 May 23rd (W) $82 puts sell to open 0.81
4/15/25 Costco (COST) with 2000 Oct $840 puts sold to open at $24.55 and sells 1000 Oct $1050 calls at $47.90
4/15/25 Trump Media (DJT) unusual buy 5000 June $27 calls $0.90
4/15/25 Trade Desk (TTD) 500 Jan 2027 $42.5 puts sell to open $10.10
4/15/25 Uber (UBER) buyer 4000 June $82.50 calls as some lower strikes adjust up
4/15/25 Home Depot (HD) 2000 May $310 puts sell to open $1.90
4/15/25 Chevron (CVX) with 5500 Sept $105 puts sold to open $2.20, adjusting the $125 short puts
4/15/25 Chevron (CVX) also a buyer of 1000 August $140 calls at $6.85 to $7.20
4/15/25 Wells Fargo (WFC) 3000 April 25th (W) $62 puts sell to open $0.92
4/15/25 Wells Fargo (WFC) large buyers of 25,000 May $67.50/$57.50 bull risk reversals open at $0.74 debit
4/15/25 Robinhood Markets (HOOD) 3000 Sept $26 puts sell to open 1.55
4/15/25 Robinhood Markets (HOOD) 1350 Nov $34 puts sell to open $4.60
4/15/25 Summit Therapeutics (SMMT) 1000 May 21 puts sell to open 1.40
4/15/25 Summit Therapeutics (SMMT) also 300 Sept $22 puts sold to open 4.20 bids
4/15/25 ADMA Biologics (ADMA) sees 3000 May $22 calls buy $1.71 with April $19 adjusting
4/15/25 Planet Labs (PL) sees a buy of 10K July $4 calls $0.35 offer
4/15/25 USA Rare Earth (USAR) sees buyers of 1800 May $25 calls at $0.85
4/15/25 Dell (DELL) buyer of 300 May 30th $70 ITM calls at $17.15 to $18.75, reports 5/29
4/15/25 HP Enterprise (HPE) buyers in April 25th (W) and May 2nd (W) $14.50 strike calls
4/15/25 Amazon (AMZN) 1000 May 23rd (W) $180 puts selling to open $8.96
4/15/25 Google (GOOGL) 5000 May 23rd (W) $130 puts sell to open 1.26
4/15/25 Snowflake (SNOW) 1000 March 2026 $155 puts selling $30.90
4/15/25 Alibaba (BABA) 3350 July $92.5 short puts opening $3.65 to $3.55
4/15/25 CrowdStrike (CRWD) 1350 Sept $250 short puts opening near $7.15
4/15/25 Microsoft (MSFT) massive opening sale of 5000 June 2026 $500 calls at $12.60
4/15/25 Palantir (PLTR) Oct $160 far OTM calls buy 1400X $5.05 offers
4/15/25 Palo Alto (PANW) large opening sales of 2500 June 2026 $170 calls at $35.90 to $35.55
4/15/25 Rubrik (RBRK) opening sales of 4000 May $65 puts at $5.40
4/14/25 Nasdaq 100 ETF (QQQ) 2750 July $340 puts sell to open 3.99
4/14/25 Bitcoin ETF (IBIT) sees a massive buyer of 5000 Dec 2027 $70 calls at $14.70, over $7M
4/14/25 Regional Banks ETF (KRE) opening sale 1350 August $50 puts at $4.21
4/14/25 Gold ETF (GLD) 2500 June $285 puts sell to open 4.86
4/14/25 Gold ETF (GLD) also 4000 May 23rd $281 puts sell to open $2.39
4/14/25 Software ETF (IGV) 1400 August $89 puts sell to open $7
4/14/25 On Holding (ONON) 2000 Dec $35 calls bought $13.08 to $13.27 as June calls adjust
4/14/25 Tesla (TSLA) size opening sale 2000 October $150 puts $9.56
4/14/25 Philip Morris (PM) 1000 April 25th (W) $157.5 calls bought $4.74 to $5
4/14/25 DoorDash (DASH) 800 May $145 puts sell to open $3
4/14/25 Carvana (CVNA) 1550 Sept $105 puts being sold to open $7.20
4/14/25 Uber (UBER) buyer of 2950 August $70 ITM calls for $9.98, near $3M
4/14/25 Netflix (NFLX) 250 June $855 puts sell to open $38.90
4/14/25 Chevron (CVX) buyer 1000 Sept $150 calls $5.70
4/14/25 Wells Fargo (WFC) 1800 Oct 62.50 puts sell to open 5.95 bid
4/14/25 Tempus AI (TEM) size opening sale 1500 Jan 2027 $35 puts for $12.81
4/14/25 Springworks Therapeutics (SWTX) Dec 2026 50/60/70 call fly opening 350X700
4/14/25 Springworks Therapeutics (SWTX) also buyer 1000 June 50/65 call spreads now
4/14/25 Honeywell (HON) 1600 June $185 puts selling to open $5.10
4/14/25 Rocket Lab (RKLB) with 3250 May $22 puts sold to open $4 to $3.85
4/14/25 GE Vernova (GEV) 850 July $430 calls bought $6.90 to $7.40
4/14/25 Kinross Gold (KGC) 4500 August $13 calls bought $2.64
4/14/25 Arm Holdings (ARM) opening sales of 600 March $105 puts at $21.40 to $21.15
4/14/25 Arm Holdings (ARM) also with 1000 March 2026 $100 puts selling to open near $19
4/14/25 SanDisk (SNDK) large buyer of 7500 June $35 calls at $5.28
4/14/25 SanDisk (SNDK) also opening sales of 2000 June $30 puts at $3.00
4/14/25 Palantir (PLTR) buyer 1000 Oct $170 calls $3.39
4/14/25 Nvidia (NVDA) 2000 May 30th (W) $110 puts sold to open $7.90
4/14/25 HP Enterprise (HPE) opening sales 12,000 June $14 puts at $1.02 bids
4/14/25 Vertiv (VRT) opening sales of 3500 Sept $42.50 puts at $2.69 to $2.55
4/14/25 IonQ (IONQ) opening sale of 2200 Oct $17.50 puts at $3.05
4/14/25 Taiwan Semi (TSM) 1500 August $115 puts sell to open 3.73
4/14/25 Oracle (ORCL) 3400 June $105 puts sell to open $2.25