Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 8:15 FOCUS LIST: NVDA, META, PLTR, GEV, RKLB, UBER, NBIS, KTOS, AVGO, TSM, HOOD, VRT
4) 13:50 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), AVAV, GE, PL, HWM, CW, FTAI, ASTS, KRMN
5) 16:20 Stock Review – Software: IGV (ETF), MSFT, ORCL, SNOW, NET, CRWV, CRWD, ZS, APP
6) 17:30 Stock Review – Semiconductors: SMH (ETF), LRCX, KLAC, AMD, MU, AEIS, SMTC, TSEM, CRDO, ACMR
7) 20:05 Stock Review – Data Storage: STX, WDC, SNDK, PSTG
8) 20:50 Stock Review – Electronic Related: CLS, SANM, FN, JBL, AMSC, TTMI, LASR, LITE, ANET, COHR
9) 23:00 Stock Review – Energy/Data Center related: VST, CEG, NRG, BE, MOD, ORA, POWL, OKLO
10) 24:35 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), NKTR, AVTX, CGON, NAMS, CYTK, MEDP, UTHR, NTLA
11) 27:00 Stock Review – Others/General Ideas/Commentary: TSLA, GOOGL, IONQ, AAOI, SPHR, APLD, TEM, SHOP, DASH, SOFI, CAMT, MP, REMX (ETF), IBIT
12) 29:55 Stocks Near Buyable Ranges: UBER, NBIS, CRWV
13) 34:25 Conclusion/Summary

Market Summary:
We’re in a bull market, but there will be pullbacks, shakeouts, and corrections along the way. If you are going to trade growth/momentum stocks in a strong bull market, you’re just going to have to deal with the volatility. If this volatility is too much for you, here are some suggestions I’ve presented many times over the years: 1) If you are playing for a bigger move in a stock, you just have to deal with volatility. 2) Smaller positions with a longer timeframe can help, so you are not nervous over every tick. 3) Take profits into strength. 4) Use a blend of ETFs and stocks to mitigate volatility. 5) No matter your timeframe, make sure to get strong entry points to give you a cushion during normal pullbacks. From here, I’m going to continue to shut out the noise, keep things simple, and focus on the main guidelines I’ve presented during power trends. Shorter-term, the market is extended, but I’m not expecting any major pullbacks into year-end. As I mentioned earlier, minor pullbacks are to be expected along the way. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
10/29/25 Nasdaq 100 ETF (QQQ) 7000 Dec 31st (Q) $610 puts being sold to open for $8M premium
10/29/25 Nasdaq 100 ETF (QQQ) stock replacements selling to open 5000 April $600 puts at $20.78
10/29/25 Semiconductors ETF (SMH) 1100 Feb $400 calls bought near 17.50
10/29/25 Housing ETF (XHB) buyer 1600 March 120/135 call spreads
10/29/25 Mag7 ETF (MAGS) with 2200 March $62 ITM calls bought 10.10 to 10.25
10/29/25 Sony (SONY) buyer 500 Jan 2027 $30 calls $4.99
10/29/25 Tesla (TSLA) block of 2000 Dec 2027 $290 puts sell to open at $47.00
10/29/25 Walmart (WMT) 6750 Dec $92.5 short puts open 0.92 to 0.91
10/29/25 Nike (NKE) 2300 Sept 57.5 short puts opening 4.45
10/29/25 Dominos Pizza (DPZ) 1430 Dec $380 short puts open 4.52
10/29/25 Wayfair (W) buyer 1000 Jan 2027 $125 calls $24.75
10/29/25 Shopify (SHOP) massive buy 20,000 Jan $160 calls for $31.80
10/29/25 Uber (UBER) 3500 Nov $97 calls buying at $4.25 to $4.85
10/29/25 Expand Energy (EXE) 2200 April $115 calls buy $4.10
10/29/25 Halliburton (HAL) buyer 2000 Feb $30 calls 1.32
10/29/25 Occidental (OXY) opening sale of 2000 April $40 puts at $2.86
10/29/25 Visa (V) 2500 Dec 5th (W) $320 short puts open 2.47
10/29/25 Berkshire Hathaway (BRK.B) block of 2000 March $425 puts sold to open $4.20 to $4.05
10/29/25 United Therapeutics (UTHR) spreads 3050X selling Jan $420 puts to buy the $470/$510 call spreads
10/29/25 Avalo Therapeutics (AVTX) unusual 350 May $20 OTM calls buy $6
10/29/25 Gilead Sciences (GILD) 6000 Nov $124 calls buying
10/29/25 Edwards Lifesciences (EW) 1000 Nov $77.50 puts sell to open $1.30
10/29/25 Insmed (INSM) buyer 400 Jan $170 calls $15.80
10/29/25 Vertiv (VRT) buyer of 800x1600x March $200/$260 call ratios
10/29/25 Vertiv (VRT) 1045 Jan $165 short puts open $6.90
10/29/25 FTAI Aviation (FTAI) 1000 Dec $170 calls buy $14.10 to $14.85
10/29/25 GE Aerospace (GE) 2000 Dec $340 calls sold to open 5.20
10/29/25 nVent Electric (NVT) buyer 1550 Dec 110/130 call spreads with Nov adjusting, reports 10-31
10/29/25 Ramaco Resources (METC) buyer of 1100 Nov $30 calls at $4.20 to $4.30
10/29/25 Ramaco Resources (METC) buyer 1000 Nov $29 calls 3.70
10/29/25 Nvidia (NVDA) 10,000 April $220 ITM puts sell to open at $29.45 to $28.20
10/29/25 Nvidia (NVDA) massive buyer of 27,500 Dec $235 calls at $6.55 offer, over $20M
10/29/25 Nvidia (NVDA) block of 9000 Nov 28th $200 puts sell to open $7.90
10/29/25 Nvidia (NVDA) with 11,000 Jan $260 calls sell to open $4.30
10/29/25 Nebius Group (NBIS) buyer of 600 March $195 calls $13.90 as Dec adjust
10/29/25 Nebius Group (NBIS) 3000 next week $120 short puts opening $6.60 to $6.40
10/29/25 Microsoft (MSFT) buyers 2250 Nov 7th (W) $545 calls for $3M
10/29/25 Microsoft (MSFT) 1000 Dec 5th (W) $535 short puts open at $16.50
10/29/25 Meta (META) buyer 1000 Nov 14th (W) $760 calls for $27
10/29/25 Broadcom (AVGO) buyers in Feb $500 calls 600X 8.50 to 8.65
10/29/25 Coherent (COHR) buyers 600 January $160 OTM calls 9.80 offer
10/29/25 Palantir (PLTR) a few large blocks buying 2500 Dec 5th $185 calls at $23 to $23.30
10/29/25 Micron (MU) buyer of 4000 Nov 14th $240 calls for $8.90 as some Nov 7th $225 calls adjust
10/29/25 Western Digital (WDC) 900 Jan $155 calls buy $12.80
10/29/25 Western Digital (WDC) 750 June $130 calls buying at $32.50 as $120 calls adjust
10/29/25 Celestica (CLS) buyer 250 June $430 calls $58.90
10/29/25 Google (GOOGL) buyer 40,000 Jan $305 calls $7.50 adjusting Jan 280 strike
10/29/25 GOOGL buyers of 1200 Dec 5th $270 calls at $13.50 to $15
10/29/25 GOOG 3000 Jan $265 short puts open 13.35 adjusting 250 strike
10/29/25 Corning (GLW) 2000 March $110 calls bought as $100 strike adjusts
10/29/25 ACM Research (ACMR) 1000 Jan $38 puts sell to open $3.40 to $3.20
10/29/25 Intel (INTC) 650 Dec 2027 $40 short puts open 10.65 bid
10/29/25 Taiwan Semi (TSM) 1500 Nov 28th (W) $315 calls buy 10.60
10/29/25 Advanced Micro (AMD) stock replacement bought 750 Sept 2026 $410 calls at $24.10
10/29/25 CoreWeave (CRWV) buyers 4000 Feb $140 calls for $10M
10/29/25 Vistra (VST) massive opening sale 12,350 Dec 2027 $195 puts $48.82 for $60M
10/29/25 Vistra (VST) large sales of April and Jan $195 puts and 1400 June 2026 $195 short puts opening
10/29/25 Oklo (OKLO) 1000 Nov 14th (W) $135 short puts open 11.75
10/28/25 S&P 500 ETF (SPY) 130,000 March $640 puts bought at $12.30 adjusting $610 puts as large hedge
10/28/25 Russell 2000 ETF (IWM) 3000 Dec 31st (Q) $250 calls bought for $2.9M
10/28/25 Bitcoin ETF (GBTC) buyer 9200 Jan $80 calls for $14.60 as Dec 75 adjust
10/28/25 Treasury ETF (TLT) 2000 July 2026 $92 short puts open $4
10/28/25 Tesla (TSLA) over 25,000 Nov 14th $500 calls being bought $10.10 to $11.40
10/28/25 Tesla (TSLA) buyers of 6500 Nov 14th (W) $525 calls for $6.50 and higher
10/28/25 Booking Holdings (BKNG) buyer of 1750 Jan $5000 ITM calls at $464.07 as the Dec $5100 calls adjust
10/28/25 Conoco (COP) buyer 2700 Jan $90 calls for $3.68
10/28/25 Phillips 66 (PSX) 1000 Nov $133 calls buy at $4.84 to $5.20
10/28/25 Bloom Energy (BE) 1000 Feb $125 calls buying at $25.50 to $26
10/28/25 Robinhood (HOOD) buyer 1000 March 2027 $115 calls at $60.90 as Dec 2027 $145 calls adjust
10/28/25 Galaxy Digital (GLXY) with 4500 Nov 42.50 calls buying 2.10 to 2.3
10/28/25 Galaxy Digital (GLXY) buyers of 1900 Jan $42.50 calls at $5.15 to $5.40
10/28/25 Zillow (Z) buyer 1000 Dec 82.5 calls and sells March 105 calls, reports 10-30
10/28/25 Boston Scientific (BSX) 2800 Dec 5th (W) $95 short puts open 0.70
10/28/25 Boston Scientific (BSX) 2500 Dec 100 puts sold to open 2.45
10/28/25 Alnylam Pharma (ALNY) 1000 Jan $600 calls sold to open $6.85
10/28/25 BridgeBio Pharma (BBIO) with 1700 Dec $70 calls sold to open for $3.10
10/28/25 NewAmsterdam Pharma (NAMS) 1500 May $35 puts sold to open $6.40
10/28/25 CG Oncology (CGON) 2000 January $50/$35 bull risk reversals trade to open for $2.40
10/28/25 Cameco (CCJ) seeing 1250 January $130 calls buy
10/28/25 Cameco (CCJ) buyer of 2000 Dec $125 calls at $4.45 as Jan $110 calls adjust
10/28/25 Ramaco Resources (METC) buyer 2000 Nov $30 calls at $4.50 to $4.70
10/28/25 Advanced Micro (AMD) buyer of 1100 Nov 14th $272.50 calls at $12.50 offer
10/28/25 Advanced Micro (AMD) 1250 Nov 270 ITM puts sold to open 23.70 bids
10/28/25 Apple (AAPL) buyers 9000 Jan $285/$315 call spreads
10/28/25 American Superconductor (AMSC) 400 Dec $60 calls bought $280K as Nov adjust
10/28/25 Nvidia (NVDA) size seller of 6000 Nov 7th (W) 187.50 puts $3.45 bids
10/28/25 Nvidia (NVDA) buyer 1475 Jan 2028 $320 OTM calls for 21.70
10/28/25 Nvidia (NVDA) 1000 Jan 2028 $230 puts sold to open 61.50 ITM
10/28/25 Oracle (ORCL) buyer 1000 Nov 28th (W) $290 calls $12.30
10/28/25 Oracle (ORCL) buyer 500 May $350 calls $21.78
10/28/25 Micron (MU) 2000 Nov 7th $210 puts sell to open $6.30
10/28/25 Micron (MU) buyers in January $270 OTM calls $12 to $12.25 1500X
10/28/25 Reddit (RDDT) large buy 4000 Jan $230 calls $25.91 as Nov $220 adjust
10/28/25 SanDisk (SNDK) 1000 Nov $180 ITM puts sell for $26 bids
10/28/25 Nokia (NOK) 8000 Jan $8 calls bought $0.80 to $1.00
10/28/25 Nokia (NOK) over 4000 Jan $9 calls bought $0.85 to $1
10/28/25 Snowflake (SNOW) 500 April $210 short puts open 10.25
10/28/25 Dell (DELL) seeing 400 Dec 2027 $150 and 450 Sept 2026 $155 short puts open
10/28/25 Intel 2X Long ETF (INTW) with 1000 Nov $60 short puts opening 7.80
10/28/25 Alibaba (BABA) buyer 2000 June $180/$220 call spreads
10/28/25 NuScale Power (SMR) 400 March $42 puts sell to open 9.80
10/27/25 S&P 500 ETF (SPY) 7250 Dec 31st (Q) end of year $720 calls bought for $2M
10/27/25 Nasdaq 100 ETF (QQQ) sees 4850 Nov 3rd $624 puts sell to open $5.40
10/27/25 Nasdaq 100 ETF (QQQ) 2000 May $600 short puts open for $24.40
10/27/25 Ark Innovation ETF (ARKK) buyers of 1100 Jan $105/$120 call spreads for $1.53
10/27/25 Gold ETF (GLD) 3500 May $360 short puts open $14.20
10/27/25 iShares Gold ETF (IAU) opening sale 2000 Nov 77 puts 2.95
10/27/25 Bitcoin ETF (IBIT) 10,000 Nov 28th $63 puts sell to open $2.20 to $2.19 bids
10/27/25 Bitcoin ETF (IBIT) buyers of 5400 Feb $64 calls at $8.30 in a few large blocks
10/27/25 Tesla (TSLA) large opening sale 5830 Nov 7th (W) $435 puts for $12
10/27/25 Tesla (TSLA) sees the massive Dec $455 calls adjust and buy 24,000 Jan $455 calls for $48
10/27/25 Tesla (TSLA) also seeing size lots buying 2300 Nov 28th $455 calls at $29.40 to $29.80
10/27/25 General Motors (GM) 1000 Sept $75 ITM puts sold to open for $10.85
10/27/25 Roblox (RBLX) buyer 1200 Nov 7th (W) $120 ITM calls 16.29, reports 10-30
10/27/25 Modine Manufacturing (MOD) buyers of 900 Dec $160 calls at $19.80 as Nov $160 calls adjust
10/27/25 Phillip Morris (PM) buyer 1500 Jan $165 calls $3.28
10/27/25 Lyft (LYFT) 3500 April $20 short puts open 3.05 to 3.00
10/27/25 Bloom Energy (BE) 500 Jan 2027 110/180 call spreads bought
10/27/25 IREN (IREN) buyers of 1200 Nov $59 ITM calls at $12.30
10/27/25 IREN (IREN) with 2500 Nov $100 ITM puts sell to open $36.50 to $26
10/27/25 Schwab (SCHW) buyer 700 Jan 227 $120 calls 4.25
10/27/25 Immunovant (IMVT) 2250 Nov $22 calls bought as the $19/$16 bull risk reversals adjust
10/27/25 Ramaco Resources (METC) buyer 1000 Nov $30 calls $6.25
10/27/25 Ramaco Resources (METC) buyer of 1000 Nov $31 calls at $4.75 and sells the Dec $41 calls $2.80 in spreads
10/27/25 Critical Metals (CRML) buyer 1000 Dec 10 calls 3.60 to 3.70
10/27/25 Micron (MU) opening sales of 1000 Dec $210 puts at $15.20 bids
10/27/25 Baidu (BIDU) 1500 Jan $130 calls buy $13.35 as $160 calls adjusting
10/27/25 Astera Labs (ALAB) 3000 Nov $190 calls buying for over $3.5M
10/27/25 Google (GOOG) buyer 6000 Dec 290/315 call spreads for $4.71
10/27/25 Google (GOOGL) buyers of 10,000 Feb $300 calls $11.05
10/27/25 D-Wave Quantum (QBTS) seeing 2400 Jan $30 short puts open $5.35 bids
10/27/25 D-Wave Quantum (QBTS) also large lots sell to open $700 Jan $32 puts at $6.30
10/27/25 Meta (META) massive opening sale 9000 Jan $745 puts $40.70 to $40
10/27/25 Meta (META) opening seller 150 Jan 2027 $880 puts 173.85
10/27/25 Arista Networks (ANET) seeing 1000 Jan 2027 $160/$220 call spreads buying at $18
10/27/25 CrowdStrike (CRWD) buyer 100 Jan 2028 $530 calls $153
10/27/25 Palantir (PLTR) 2500 Nov 28th (W) $185 calls bought for $4.5M adjusting Nov 180
10/27/25 Palantir (PLTR) buyer of 1100 Dec 5th $180 calls at $20.30 as Nov 28th calls adjust
10/27/25 Oracle (ORCL) buyer 600 Dec 2026 $350 calls at $40.40 to $41
10/27/25 Salesforce (CRM) 2000 Nov $257.5 calls bought $8.55 to $8.90
10/27/25 Marvell Tech (MRVL) sees a large buy of 2000 June $95 calls at $14.85 as Nov calls adjust
10/27/25 Lam Research (LRCX) buyer 500 Jan 2027 $190 calls 22.75
10/27/25 Lam Research (LRCX) 1200 June $150 short puts opening 18.15
10/27/25 Nebius Group (NBIS) buyers of 4000 Jan $140 calls at $18.30 to $19 offers