Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 7:55 FOCUS LIST: NVDA, TSM, TSLA, LLY, INCY, RKLB, ASTS, XBI (ETF)
4) 11:05 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), UFO (ETF), ATRO, FTAI, WWD, CW, VSAT, HXL, HWM, GE, KRMN, PL, SATS, LUNR, BKSY
5) 14:00 Stock Review – Semiconductors and Data Storage: SMH (ETF), AVGO, KLAC, LRCX, ASML, MTSI, TER, Q, MU, STX, WDC, SNDK
6) 16:15 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, JBL, CAMT, FN, VRT, GEV, MOD, TTMI, ATI, KMT, BE, CIEN, GLW, AAOI, LASR
7) 19:35 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), IMVT, EWTX, TERN, PCVX, CGON, AVTX, MAZE, CTMX
8) 21:10 Stock Review – Others/General Ideas/Commentary: DVN, TDW, VLO, NEM, FCX, GOOGL, SPHR, REMX (ETF)
9) 23:35 Stocks Near Buyable Ranges: PL, WWD
10) 26:00 Conclusion/Summary

Market Summary:
The Nasdaq Composite is neither in a power trend nor a severe down trend. It’s just been a sideways and choppy market for the past several months. In this video, I remind members that 4 out of 5 stocks move with the general direction of the market. The challenge lately is that there are many stocks that have great longer-term growth prospects, but the market is choppy, thus creating higher volatility for many of these stocks. That’s why I’ve discussed a few options in recent videos: 1) Sit out and don’t trade if it’s too volatile for you. 2) Use lighter positions and give stocks more room. 3) Get strong entry points and just deal with the volatility. These decisions should be made based on your timeframe and your risk tolerance.

From here, I would like to see the overall price action improve. Specifically, I don’t want to see any heavy distribution days. If we digest sideways, I would like it to occur in a healthy manner and on lighter volume. Regarding growth stocks, I would like to see lower volatility and better setups. Again, please don’t chase extended stocks in this environment. Show patience and discipline until the next power trend emerges. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
3/4/26 S&P 500 ETF (SPY) opening sale of 1150 July 31st $665 puts at $21.49 bid
3/4/26 S&P 500 ETF (SPY) 2000 Aug 31st (W) $700 calls bought for around $6M
3/4/26 Nasdaq 100 ETF (QQQ) 3000 March 31st $620 ITM puts sell to open at $21
3/4/26 Semiconductors ETF (SOXX) size buys in April $345 calls 2850X for $5M
3/4/26 Energy ETF (XLE) 5000 Sept 47.5 puts sell to open 1.27
3/4/26 Energy ETF (XLE) 5000 May $53 puts sold to open 1.53
3/4/26 South Korea ETF (EWY) buyer of 15,000 May $145/$160 call spreads
3/4/26 Brazil ETF (EWZ) 4000 Dec 2027 $30 puts sold to open 2.82
3/4/26 Bitcoin ETF (IBIT) buyers of over 13K April $50 calls at $0.53 to $0.56 offers
3/4/26 Gold ETF (GLD) 2000 April 2nd $480 calls bought $15.25 to $15.50
3/4/26 Silver ETF (SLV) opening sales of 4000 March 27th $76 puts for $6.00 bids
3/4/26 Silver ETF (SLV) also 1500 April 2nd $65 puts sold to open $2.02
3/4/26 Netflix (NFLX) opening seller of 2550 May $82 puts at $1.58
3/4/26 JP Morgan (JPM) 2500 April 260 short puts open for $3
3/4/26 EQT (EQT) opening sale of 1000 April $60 puts at $2.69 as March adjust
3/4/26 APA (APA) opening sales of 2000 June $27.50 puts at $1.75
3/4/26 Marathon Petro (MPC) 1500 June $250 calls bought $7
3/4/26 Marathon Petro (MPC) also 700 Dec $270 calls buy $11.45
3/4/26 Terns Pharma (TERN) 1000 April $37 puts sell for $3.03 to buy the $55/$65 call spreads at $1.78
3/4/26 CG Oncology (CGON) the June 60/85 call spreads adjust to $65/$90 7500X
3/4/26 CytomX Therapeutics (CTMX) buyer of 10,000 March $7/$11 call spreads at $0.75, follows the Mar $7 calls bought in Jan
3/4/26 Eaton (ETN) 2680 April 10th (W) $305 puts sold to open 2.63
3/4/26 Eaton (ETN) buyer 10,000 April 2nd (W) $380/$400 call spreads adjusting the Mar 27th spreads
3/4/26 Kratos Defense (KTOS) 2000 Jan $90 puts to open for $23.30
3/4/26 Rocket Lab (RKLB) 700 May 90 calls bought 5.56
3/4/26 Nokia (NOK) 3000 each Oct 10 and 15 OTM calls bought
3/4/26 GE Vernova (GEV) 409 June 810 short puts open at 71.8
3/4/26 ATI (ATI) buyer of 800 May $180 calls for $7.03
3/4/26 CoreWeave (CRWV) opening sales of 10,000 March $65 puts at $2.22 to $2.17 bids
3/4/26 Applied Optoelectronics (AAOI) buyers of 1100 March $125 calls at $3.57
3/4/26 Google (GOOGL) 1000 July $220 puts sell to open $3.01
3/4/26 Meta (META) buyer 550 May 745 calls for 16.85
3/4/26 Apple (AAPL) buyer of 13,500 April $270 calls at $6.50 to 7
3/4/26 Taiwan Semi (TSM) 2000 April 10th $290 puts sell for $2.74
3/4/26 Nvidia (NVDA) 2500 Jan 2028 $145 puts sell to open 22.40
3/4/26 Nvidia (NVDA) 1000 Nov $155 puts sell to open $13.70 as well as the $125 puts sold to open 5.95
3/4/26 Broadcom (AVGO) 4000 April 10th $235 puts sell to open $2.03
3/4/26 Micron (MU) 600x 2400x June $540/$910 call ratios open
3/4/26 Corning (GLW) 1500 April $190 bought 3.50 to 3.65
3/4/26 Coherent (COHR) opening sale 1000 April $290 ITM puts $43
3/4/26 Vistra (VST) 2738 June $155 short puts open for 14.49
3/3/26 S&P 500 ETF (SPY) large opening seller of 35,000 April $560 puts at $2.77
3/3/26 S&P 500 ETF (SPY) buyers of 1700 April $650 ITM calls for $35 to $39
3/3/26 S&P 500 ETF (SPY) also seeing 2k April $675 calls bought $18 to $20
3/3/26 Nasdaq 100 ETF (QQQ) buyer of 5000 April 30th $660 calls at $1.43
3/3/26 Tech ETF (XLK) 2000 April $135 short puts open 4.55
3/3/26 Gold ETF (GLD) 5000 April $530/$420 bull risk reversals trade for a credit
3/3/26 Gold Miners ETF (GDX) 1000 Nov $80 puts sold to open $4.21
3/3/26 Gold Miners ETF (GDX) also 1000 June 2027 $80 puts sold to open $6.96
3/3/26 Uranium ETF (URA) buyer of 9000 Jan 2028 $60 calls at $14.30 to $14.60 as April calls adjust
3/3/26 Uranium ETF (URA) 1500 Jan $40 short puts open for 4.17
3/3/26 South Korea ETF (EWY) buyer 10,000 April $140/$160 call spreads
3/3/26 Netflix (NFLX) buyer of 1100 June 2028 $70 ITM calls at $40 to $40.30
3/3/26 Freeport McMoran (FCX) 2000 March $61 calls buying 3.30
3/3/26 Teck Resources (TECK) April $65 calls buy to open $0.95 to $1.10 5000X
3/3/26 Vistra (VST) buyer 2000 May $190/$220 call spreads bought
3/3/26 Qnity Electronics (Q) 1000 May $100 short puts open 5.15
3/3/26 Honeywell (HON) large late day buy 4000 June $260 calls for $9.15
3/3/26 JP Morgan (JPM) buyers 4000 June 305/320 call spreads
3/3/26 Wells Fargo (WFC) buyer of 25,000 June $85/$90 call spreads
3/3/26 Merck (MRK) 600 Jan 2028 $115 short puts open 15.25 bid
3/3/26 Guardant Health (GH) 200 Jan $90 calls buy $24.80
3/3/26 Vertiv (VRT) opening sale of 3560 April $175 puts at $1.84
3/3/26 Vertiv (VRT) opening sale of 2000 May $270 puts at $44.38
3/3/26 Palantir (PLTR) 9250 April 100 short puts open 1.23
3/3/26 Google (GOOGL) 9K May 215 short puts open 1.70
3/3/26 Google (GOOGL) 2400 Dec $200 short puts opening $5.90
3/3/26 Nvidia (NVDA) 2000 Dec 2028 $170 short puts opening $42.30
3/3/26 Nvidia (NVDA) also opening sellers 3000 Dec 2028 $175 puts for $13M
3/3/26 Taiwan Semi (TSM) large trade sold 4000 May $350 puts to open 27.70
3/3/26 Intel (INTC) 2000 July $44 puts sold to open 6.70 bid
3/3/26 Broadcom (AVGO) 2000 July $450/$230 bull risk reversals trade for a net credit
3/3/26 Micron (MU) 5150 May $220 short puts opening $4.11
3/3/26 Micron (MU) opening seller of 10K April $200 puts at $1.35
3/3/26 Micron (MU) 10K June $200 puts sold to open at $4.90
3/3/26 Coherent (COHR) 300 Jan $200 puts sell to open $41
3/3/26 Applied Optoelectronics (AAOI) buyer of 900 June $115 calls at $17.70 to $19
3/3/26 EchoStar (SATS) buyer of 1900 April $120/$135 call spreads
3/3/26 EchoStar (SATS) 900 July $100 short puts opening $10 to $9.80
3/3/26 AST SpaceMobile (ASTS) 8000 April $90 puts sell to open $13.90 to $13.60 as the $80 short puts adjust
3/2/26 S&P 500 ETF (SPY) buyer of 2700 April 2nd $685 calls at $12.60 to $13.60
3/2/26 Nasdaq 100 ETF (QQQ) seller of 3000 ITM March 31st (W) $620 puts to open 22.16
3/2/26 Russell 2000 ETF (IWM) buyers 2000 Dec 31st (Q) end of year $271 calls for $3.3M
3/2/26 Energy ETF (XLE) 5000 Sept 57.5 puts sold 4.61 to open
3/2/26 Oil & Gas ETF (XOP) 1000 April $160 calls buy $6.90 to $7
3/2/26 Regional Banks ETF (KRE) 1500 Nov $61 short puts open $4.25
3/2/26 Gold ETF (GLD) 2000 Oct $600 calls bought at $17.35
3/2/26 Silver ETF (SLV) 10,000 March 9th $82/$95 call spreads buying for $2.08
3/2/26 Turkey ETF (TUR) buyer 2500 May 42/50 call spreads 1.25
3/2/26 Tesla (TSLA) 4750 Dec 2028 $560 calls buy at $99.35 as Dec 2027 $450 calls adjust
3/2/26 Tesla (TSLA) also 7500 Dec 2028 $600 calls bought at $92.27 as Dec 2027 $480s adjust
3/2/26 Berkshire Hathaway (BRK.B) opening sale 1000 March 27th $480 puts at $7.05
3/2/26 Freeport McMoran (FCX) 5000 Dec $60 puts sold to open $7
3/2/26 Quanta Services (PWR) 500 April $620 calls buy
3/2/26 Rocket Lab (RKLB) buyers 1100 Mar 79 calls 2.67 offer
3/2/26 Rocket Lab (RKLB) July $90 short calls opening 6500X today $6M
3/2/26 AST SpaceMobile (ASTS) 8000 April $80 short puts opening as March adjust
3/2/26 EchoStar (SATS) buyer of 1000 June $135 calls at $10.92 as March $130 adjust
3/2/26 Intuitive Machine (LUNR) buyers 1000 April $20 calls at $2.19 offers
3/2/26 Google (GOOG) buyer 1350 Dec $450 calls $7 to $7.30
3/2/26 Google (GOOGL) 1000 Nov $260 short puts open 15.54
3/2/26 Vertiv (VRT) 400 Nov $210 short puts open $27.20
3/2/26 Corning (GLW) April 200 calls bought 850X $4 to $4.50
3/2/26 Lumentum (LITE) 1100 June $800 ITM puts sell to open at $184 to $183.50 bids
3/2/26 Coherent (COHR) 1500 June $300 ITM puts being sold to open down to $56.50
3/2/26 Aehr Test Systems (AEHR) Sept $60 OTM calls bought here 550X at 8.40 to 8.60
3/2/26 Applied Optoelectronics (AAOI) 800 Jan $70 short puts open 22.60 to 22.40
3/2/26 Broadcom (AVGO) 4500 April 10th (W) 225 short puts open 1.85
3/2/26 Broadcom (AVGO) opening sales of 300 Oct $280 puts at $31
3/2/26 Nvidia (NVDA) $335M of June $150 ITM calls bought as big March 160 position adjusts
3/2/26 Nvidia (NVDA) 1000 March 2027 $160 puts sell to open at $20.85 to $20.70
3/2/26 Advanced Micro (AMD) buyer 1550 Nov $130 puts $8.65
3/2/26 Advanced Micro (AMD) also an opening sale 1000 Oct $150 puts 12.56
3/2/26 Micron (MU) large opening seller of 5000 March 13th $415 puts at $21 bids
3/2/26 Micron (MU) 6200 April $250 puts sell to open $2.99 to $2.95
3/2/26 Micron (MU) also 1000 August $230 puts sell for $11.75
3/2/26 SanDisk (SNDK) buyer of 300 Dec $860/$1030 call spreads