Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 9:25 FOCUS LIST: NVDA, META, PLTR, GEV, RKLB, UBER, NBIS, KTOS, AVGO, TSM
4) 14:20 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), AVAV, GE, PL, HWM, CW, FTAI, ASTS, BKSY
5) 18:00 Stock Review – Software: IGV (ETF), MSFT, ORCL, SNOW, NET, CRWV, CRWD, ZS
6) 20:55 Stock Review – Semiconductors: SMH (ETF), LRCX, KLAC, MU, AEIS, SMTC, TSEM, CRDO, ALAB
7) 24:50 Stock Review – Data Storage: STX, WDC, SNDK, PSTG, NTAP
8) 28:00 Stock Review – Electronic Related: CLS, SANM, FN, AMSC, TTMI, LASR, LITE, ANET
9) 30:50 Stock Review – Energy/Data Center related: VST, CEG, VRT, NRG, BE, MOD, ORA, OKLO, SMR, NNE
10) 33:00 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), TARS, NKTR, CRNX, ZBIO, CGON, MDGL, ZURA, AVTX, ZVRA, CYTK, NAMS, UTHR
11) 37:55 Stock Review – Others/General Ideas/Commentary: TSLA, GOOGL, IONQ, RGTI, QBTS, QUBT, ARQQ, TEM, CVNA, SHOP, DASH, HOOD, SOFI, CAMT, MP, USAR, METC, AREC, REMX (ETF), IBIT, ETHE
12) 42:40 Conclusion/Summary

Market Summary:
In this video, I discuss the down day on Friday with the following points: 1) I don’t panic over one down day. As I constantly remind members in these videos, if you can’t handle the volatility, please reduce your position size and expand your timeframe. 2) I especially don’t panic because market’s don’t top until we see a cluster of distribution days. In this video, I point out how few we’ve seen on both the Nasdaq Composite and S&P 500 in recent weeks. 3) A retest of the recent breakout or a visit to the 50-day would be normal price action. I know it’s not fun when it happens quickly but that is the way the market goes sometimes. The market is not designed to be easy. 4) Please know your timeframe. I am bullish into February/March and overall bullish over the next 2-3 years, but it will not be straight up. 5) The price action of stocks is still strong and I review many of them in this video. 6) If social media and/or financial television is affecting your mindset or your trading, please turn it off. You shouldn’t need validation from anyone on social media or TV when the price action of the market is all you need. 7) My honest opinion is that Friday was just the market’s way of keeping the bulls in check, especially for those who think the market is easy. Again, it just happens sometimes.

From here, I’m going to continue to shut out the noise, keep things simple, and stick to my 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 and/or through time. 2) Expose yourself to strong stocks and ETFs. Between the Focus List and the other stocks, there are plenty of ideas in these videos. 3) Get strong entry points near the 21-day and 50-day moving averages. 4) Manage your trades as best as possible based on your timeframe, risk tolerance, and overall investment plan. I can give guidelines, but ultimately, you need to decide what position sizes to use, the number of positions to own, when to take profits, and where to set your stop losses. Thank you and enjoy the rest of your weekend.

Unusual Options Activity:
10/10/25 Nasdaq 100 ETF (QQQ) 2400 Nov 7th (W) $618 calls bought $9.49 to $9.60
10/10/25 Nasdaq 100 ETF (QQQ) opening sellers of 60,000 Nov $500 low delta puts at $2 to $1.71
10/10/25 Silver ETF (SLV) buyer 3000 Feb $49 calls 2.29
10/10/25 Gold Miner ETF (GDX) opening sale 3000 Dec $76 puts 4.95
10/10/25 Archer Daniels (ADM) buyer of 5000 Nov $62.50 calls at $2.47 as Oct calls start to adjust
10/10/25 Nike (NKE) seeing 1100 May $67.50 puts sell to open $7.50 to $7.35
10/10/25 Bloom Energy (BE) buyers of 4000 Nov $120 calls at $7.20 offers
10/10/25 Bloom Energy (BE) also seeing 8000 Nov $125 calls buying at $6.50 to $6.80
10/10/25 Williams Cos (WMB) buyer of 600 Jan 2028 $70 calls at $7.90 offer
10/10/25 CleanSpark (CLSK) 2000 Dec. $29 calls buy early $2.50 to $2.69
10/10/25 BitMine (BMNR) opening sale of 2610 June $50 puts at $15.90
10/10/25 IREN (IREN) Sept 2026 $75 calls adjust to buy 4850 Dec 2026 $85 calls at $30 to $31.40
10/10/25 Citigroup (C) buyer 10,000 Nov $100 calls at $2.80 to $3.05 as $105 adjust
10/10/25 Tempus AI (TEM) 9000 April $110 calls sell to open $18.40 to $17.40
10/10/25 Insmed (INSM) buyer of 3000 Jan $165 calls for $16.80 offer, over $5M
10/10/25 Rocket Lab (RKLB) 1250 Nov 14th $85 calls buy $5.00 offer
10/10/25 Rocket Lab (RKLB) buyers of 2500 Nov $75 calls at $7.65 to $8
10/10/25 Vertiv (VRT) 9000 Nov $210 calls bought as lower strike calls adjust up
10/10/25 Vertiv (VRT) 1650 max strike Jan $240 calls bought
10/10/25 Vertiv (VRT) 525 Jan 2027 $240 calls buy at $25.75
10/10/25 Caterpillar (CAT) buyer of 400 May $640 calls at $14.85 offers
10/10/25 Newmont (NEM) 250 Sept 87.5 puts sold 12.55 to open
10/10/25 Trilogy Metals (TMQ) 1000 March $6 short puts opening $2
10/10/25 Uranium Energy (UEC) 1500 Jan $19 calls bought 1.50
10/10/25 Uranium Energy (UEC) buyers of 2300 May $60 calls at $2.85 offers in large lots
10/10/25 MP Materials (MP) buyers of 2000 Nov $85 calls at $9.50, some spread vs sales of the $100 calls at $6.70
10/10/25 Nvidia (NVDA) buyer of 2000 Nov 14th $185 ITM calls at $14.50 to $15.20
10/10/25 Marvell Tech (MRVL) 500 Feb $85 short puts open 7.50 bids
10/10/25 Marvell Tech (MRVL) opening sale of 2650 Nov $95 ITM puts at $7.86
10/10/25 Alibaba (BABA) seller of 4000 Dec $150 puts 4.25
10/10/25 Applied Digital (APLD) buyer 1000 Dec $37 calls $8.30
10/10/25 Applied Digital (APLD) also 1100 Jan $40 calls bought $8 up to $9.35
10/10/25 Oracle (ORCL) 1300 Feb $290 calls bought ITM for $5.8M
10/10/25 Palantir (PLTR) 3000 Jan $220 calls bought $11.35 to $11.50
10/10/25 Rigetti Computing (RGTI) sellers in Dec $30 puts 3500X
10/10/25 Broadcom (AVGO) buyer of 23,000 Dec $310 calls at $52, adjusting the $330 calls
10/10/25 Arista Networks (ANET) 6700 Dec $170 calls buy 12.15 as Nov 155 adjust
10/10/25 Pure Storage (PSTG) 525 Dec $85 puts sell to open $6.30
10/10/25 Amazon (AMZN) opening seller midday of 1200 April $190 puts at $8.52
10/10/25 Oklo (OKLO) Buyers in Dec $155 calls 1500x at $32.80, and Dec $160 calls 1000x at $30.35 to $32.50
10/10/25 Oklo (OKLO) also buyers of 1000 Nov $220 calls at $10.85
10/10/25 EchoStar (SATS) buyers of 550 Sept 2026 $90 calls at $11.60 to $11.75
10/9/25 S&P 500 ETF (SPY) large stock replacement buys 40,000 Dec $700 calls at $6.34 for $25M
10/9/25 Ark Innovation ETF (ARKK) buyers 7700 Nov $89 puts at $5.15 to $5.75 offers sweeps
10/9/25 Gold ETF (GLD) 5000 Jan 2027 $370 puts buying at $23 to $24.80 for $13M, first sizeable put buyer recently
10/9/25 Gold ETF (GLD) also 2700 Oct 24th $373 calls sell to open $6.55 bids
10/9/25 QuantumScape (QS) 1725 Jan 2027 $32 way OTM calls bought $4.05 to $4.15
10/9/25 Pepsi (PEP) buyer of 1700 March $135 ITM calls for $12 to $13 in large lots
10/9/25 Rivian (RIVN) 1000 Jan 2028 $17 calls buy $4.10 to $4.20
10/9/25 Tesla (TSLA) buyer 25,000 Dec $455 calls $34.24 adjusts the Nov $455
10/9/25 General Motors (GM) buyers of 1500 Nov 7th $58 calls at $1.92
10/9/25 General Motors (GM) also 2800 Oct 31st $58 calls buying $1.76
10/9/25 Home Depot (HD) 850 March $400 calls bought $17.95 to $18
10/9/25 Shopify (SHOP) 500 Sept $155 puts sell to open $24.80
10/9/25 Bloom Energy (BE) buyer of 275 June $105 calls at $25.64
10/9/25 Bloom Energy (BE) 850 Jan 2027 $130 ITM puts sell to open $64.23
10/9/25 Bloom Energy (BE) 800 August $140 calls bought $20.20
10/9/25 Applied Digital (APLD) Oct 24th (W) $28 calls 2500X bought
10/9/25 IREN (IREN) 10,000 Nov 7th (W) $60 puts sold to open
10/9/25 Citigroup (C) opening sale of 2000 May $95 puts at $8.05 bids
10/9/25 Morgan Stanley (MS) 300 Feb $145 short puts open $6.35
10/9/25 UBS Group (UBS) 2175 Jan 2027 $32.5 short puts open 1.75
10/9/25 Robinhood (HOOD) buyers in Sept $290 max strike calls 1000X near $10.60
10/9/25 Robinhood (HOOD) 300 Sept 130 short puts open 24.05
10/9/25 Robinhood (HOOD) 1000 Dec $195 calls bought late day for $5.70 to $5.95 in large lots
10/9/25 Biohaven (BHVN) 2400 Nov $20 calls buying $4.20 to $5 in a big price/IV surge
10/9/25 Veeva Systems (VEEV) 1000 March $280 puts being sold to open for $16.50
10/9/25 Vertiv (VRT) large spread opens 8200x 16,400 Nov $175/$195 call ratios at $0.35 net credit
10/9/25 Karman Holdings (KRMN) 800 Dec $80 calls bought $7.40 offer
10/9/25 Newmont (NEM) 3000 Jan $80 short puts trade $3.35
10/9/25 Critical Metals (CRML) 3000 Nov $12.50 calls buying $4 to $5
10/9/25 Ramaco Resources (METC) 3000 Nov $29 short puts open $0.90
10/9/25 Trilogy Metals (TMQ) opening sale of 1000 March $5 puts at $1.45
10/9/25 Taiwan Semiconductor (TSM) 750 Feb $260 puts selling to open 13.60 bids
10/9/25 Taiwan Semiconductor (TSM) 1000 April $260 puts sold to open 17.66
10/9/25 IBM (IBM) opening seller 750 March $280 puts $20.37
10/9/25 Advanced Micro (AMD) 1500 Feb $200 short puts opening and 2000 Dec $195 short puts opening
10/9/25 Advanced Micro (AMD) large trade opening 1850 June $470/$185 bull risk reversals at $9.35 credit
10/9/25 Microsoft (MSFT) 1000 Nov 14th (W) $520 puts sold to open for $16.10
10/9/25 Quantum Computing (QUBT) buyer 1000 Nov 7th (W) $20.50 calls $3.50
10/9/25 Quantum Computing (QUBT) 5000 Jan $15 short puts open $1.90
10/9/25 Alibaba (BABA) buyer 900 Dec 2026 $190 calls $28
10/9/25 Alibaba (BABA) 1000 June $160 puts sold to open 15.55
10/9/25 Alibaba (BABA) massive buyer of 10,000 Jan 2028 $180/$230 call spreads for $15.00
10/9/25 Nvidia (NVDA) buyer 2000 Jan 2028 $360 calls for $16.50
10/9/25 Broadcom (AVGO) 1500 Nov 7th $345 calls bought $17.50 to $19
10/9/25 Oklo (OKLO) buyer 900 March $220 max strike calls for $19.90
10/9/25 Ormat Technologies (ORA) geothermal leader with more bull covered risk reversals opening today with May $95 puts sold 1000X to buy the $110/$130 call spreads