Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review
3) 11:30 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, PL, BKSY, ASTS, VSAT, SATL, LUNR, SATS, FLY
4) 15:00 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, AVGO, TSM, ARM, KLAC, AMAT, UCTT, AEHR, TSEM, TER, AEIS, MTSI, Q, MU, STX, WDC, SNDK
5) 17:55 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, JBL, VRT, GEV, CIEN, GLW, AAOI, AXTI, MOD, CLS, TTMI, LASR, POWL, BE, ATI, SIMO
6) 24:15 Stock Review – Biotech/Medical: XBI (ETF), EWTX, PCVX, CGON, CAPR, ARWR
7) 26:00 Stock Review – Others/General Ideas/Commentary: TDW, ALB, AMPX, DELL, NBIS, CRWV, SPHR, GOOGL
8) 27:30 Conclusion/Summary

Market Summary:
After the April 8th follow through day, the price action has been strong. For the most part, we’ve seen the markets consolidate on light volume, there’s been minimal distribution, the major indexes continue to hold their key moving averages, we’ve seen additional days of accumulation, and, most importantly, many growth stocks continue to act well. These are all positive signs of the institutions coming back into the market, and it is being driven by the four secular growth themes that I’ve been highlighting since the beginning of the year: 1) Aerospace/Defense 2) Semiconductors 3) Data Center related and 4) Biotech.

From here, 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. 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 size to use, the number of positions to own, when to take profits, and where to set your stop losses. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
4/29/26 S&P 500 ETF (SPY) block of 10,000 July $630 puts sold to open 4.96
4/29/26 Nasdaq 100 ETF (QQQ) 3000 March 31st (Q) $650/$740 call spreads bought
4/29/26 Dow Jones ETF (DIA) 1500 Dec 2027 $480 short puts open 32.50
4/29/26 Russell 2000 ETF (IWM) buyer 6500 March $320 upside calls for $8.20
4/29/26 Semiconductors ETF (SMH) buyer of 1250 July $545 calls at $19
4/29/26 Consumer Discretionary ETF (XLY) buyer of 4000 March $116 calls $12.45
4/29/26 Gold ETF (GLD) buyer 1100 August $420 calls $22.55
4/29/26 Citigroup (C) 3800 June 5th $110 puts sell to open $0.76
4/29/26 Wells Fargo (WFC) 2000 Nov $70 short puts opening $3.10
4/29/26 Nektar Therapeutics (NKTR) opening sale of 2000 July $80 puts at $8 to $6.70 as May $85 short puts adjust
4/29/26Travere Therapeutics (TVTX) opening sales of 375 Jan $42.50 puts $8.00
4/29/26 Occidental (OXY) 20,000 May 8th $63/$69 call spreads bought
4/29/26 Vistra (VST) opening seller 1100 August $100 puts at $1.90
4/29/26 ViaSat (VSAT) spread sold 3000 Sept $40 puts to buy 3000 Sept 70/90 call spreads
4/29/26 Intuitive Machines (LUNR) 1160 Jan $27 ITM puts sold to open 9.85 bids
4/29/26 AST SpaceMobile (ASTS) buyer 1000 Dec 2027 $65 calls for $3.5M
4/29/26 Satellogic (SATL) opening sellers of 12K June $5 puts at $0.45
4/29/26 Amphenol (APH) 475 August $170 calls buy 9.20 offer
4/29/26 Cameco (CCJ) buyer 750 Dec $135 calls 14.75 offer
4/29/26 Allegheny (ATI) buyer of 1200 June $160/$190 call spreads for $4.70
4/29/26 Nokia (NOK) 8300 Jan $20 calls bought $1 to $1.20
4/29/26 CoreWeave (CRWV) Oct 155/180 call spreads buy 3000X
4/29/26 Amazon (AMZN) buyers of 27,000 June $280 calls at $6.80 to $8.80
4/29/26 Google (GOOGL) buyer 2500 May 380/405 call spreads
4/29/26 Nvidia (NVDA) buyer 2500 Jan $215 calls for $7.8M adjusts Sept 125 calls
4/29/26 Nvidia (NVDA) 700 July $235 ITM puts sell to open $31.05
4/29/26 Intel (INTC) 1450 August $90 calls buy 12.60
4/29/26 Intel (INTC) buyers of 1500 Sept $125 calls at $6.35
4/29/26 Intel (INTC) also 1000 Dec $87.50 calls bought at $23.89
4/29/26 Marvell Tech (MRVL) buyer 1000 June $185 calls for $8.75
4/29/26 Marvell Tech (MRVL) 2000 Sept $120 short puts open $10.53 in a large block trade
4/29/26 Broadcom (AVGO) 1200 July $400 short puts opens 33.65 adjusting $300 strike
4/29/26 Qualcomm (QCOM) buyer 1000 Dec $185/$230 call spreads
4/29/26 Arm Holdings (ARM) 300 Sept $195 puts sold to open 32.05 to 31.95
4/29/26 Lumentum (LITE) 210 August $620 puts sell to open $67.20
4/29/26 Silicon Motion (SIMO) May $160 calls close out but 2000 May $200 calls bought
4/29/26 Corning (GLW) buyer 1200 August $160 calls $17.95
4/29/26 Corning (GLW) 2000 Sept $145 short puts open $19.75
4/29/26 Viavi Solutions (VIAV) Nov 60 calls bought 8.20 offer 290X
4/29/26 TTM Technologies (TTMI) 1500 June $130 calls buy at $19.30 as the $110 calls adjust
4/29/26 Amprius Tech (AMPX) 2000 August 15 short puts opening 1.35
4/29/26 Amprius Tech (AMPX) 2200 March $20 short puts open 5.81
4/29/26 Western Digital (WDC) buyer of 500 Aug $460 calls at $71.20
4/29/26 Taiwan Semi (TSM) 7500 Dec $360 short puts opening $37
4/28/26 S&P 500 ETF (SPY) buyer of 1000 Jan 2028 $730/$700 bull risk reversals at $25 net debits
4/28/26 S&P 500 ETF (SPY) 1000 Jan 2028 $850 calls bought 24.48
4/28/26 Nasdaq 100 ETF (QQQ) 1000 March $710 calls buy at $41.45 while selling the $605 puts at $31.96 in bull r/r
4/28/26 Vanguard S&P 500 ETF (VOO) opening sales of 1000 June 2028 $440 puts at $13.90 to $13.90
4/28/26 Ark Innovation ETF (ARKK) seller 1500 Jan $64 puts 5.50 bid
4/28/26 Oil & Gas ETF (XOP) 1250 June 170 puts sold to open 7.35 to 7.25
4/28/26 Silver ETF (SLV) 2200 June 2027 $58 short puts open 7.15
4/28/26 Netflix (NFLX) 5000 June $81 puts sell to open $0.89
4/28/26 Schwab (SCHW) 1440 Sept $85 short puts opening at $4
4/28/26 Blackstone (BX) opening sale of 2000 March $120 puts at $17.50
4/28/26 Merck (MRK) size opening sale 2500 Oct $105 puts for $6.86
4/28/26 J&J (JNJ) buyer 1500 June $220 calls $13.20 as May $230 calls adjust
4/28/26 Cameco (CCJ) opening sales 12,140 June $85 puts at $0.94
4/28/26 Caterpillar (CAT) 375 June $720 short puts open $15.50
4/28/26 Bloom Energy (BE) buyers of 1000 May 8th $217.50 calls at $25.40 to $25.90
4/28/26 Constellation Energy (CEG) 400 Jan $240 short puts opening 20.80
4/28/26 Vertiv (VRT) 4445 June 5th (W) $220 short puts open 2.08
4/28/26 GE Vernova (GEV) 865 June $790 short puts open 7.20
4/28/26 Johnson Controls (JCI) 2800 June 120 short puts open 1.41
4/28/26 Seagate (STX) 400 June $450 short puts open $21
4/28/26 Corning (GLW) buyer of 1000 Sept $200/$250 call spreads
4/28/26 Google (GOOGL) 1200 Jan $320 puts sold 23.05 bid
4/28/26 Nokia (NOK) 5500 July $11 short puts open $1.11
4/28/26 Microsoft (MSFT) 1200 Nov $325 short puts open 7.55 to 7.45
4/28/26 CoreWeave (CRWV) large opening sale 1000 Nov $90 puts for $17.50
4/28/26 CoreWeave (CRWV) 1000 Sept $105 puts sell to open $21.60
4/28/26 Nebius Group (NBIS) 380 August 120 short puts open for 19.05
4/28/26 Arm Holdings (ARM) 1000 August $150 short puts open 10.95
4/28/26 Tower Semi (TSEM) buyer 250 Sept $210 calls $34.70
4/28/26 Lam Research (LRCX) 1500 August $250 calls bought at $34.24 as May $270 adjust
4/28/26 Dell (DELL) 1000 Dec $160 short puts open for 15.76
4/28/26 Marvell Tech (MRVL) 1000 Sept $115 short puts open $10.36
4/28/26 Marvell Tech (MRVL) late day opening sale 2000 August $135 puts $14.36
4/28/26 Nvidia (NVDA) buyers of 5000 May $212.50 calls at $7 to $8.25
4/28/26 Micron (MU) sees more put sales with 5000 each June $460 and $450 puts sold $39.53 and $35.17
4/28/26 Micron (MU) buyer of 1100 July $510 calls at $72.78 as $560 calls adjust
4/28/26 Coherent (COHR) buyer 450 Sept $400/$500 call spreads
4/28/26 Coherent (COHR) 200 August $210 short puts open 18.50
4/28/26 Coherent (COHR) buyer of 1500 June $300 calls at $43.71 as $350 calls adjust
4/28/26 Lumentum (LITE) 300 August $660 short puts open $98.50
4/28/26 Applied Materials (AMAT) buyer 500 June $430 calls 18.36
4/28/26 Applied Materials (AMAT) opening sale 300 Jan $370 puts at $59.65
4/28/26 Taiwan Semi (TSM) 5000 May $380 puts being sold to open $11
4/28/26 Taiwan Semi (TSM) 500 March $360 short puts open $45.75
4/28/26 Taiwan Semi (TSM) also buyer of 600 Nov $390 calls for $57
4/27/26 Nasdaq 100 ETF (QQQ) buyer of 1300 Dec 31st $675/$730 call spreads at $25.64
4/27/26 Nasdaq 100 ETF (QQQ) buyer 10,000 May 29th (W) $685 calls for $7.08
4/27/26 Russell 2000 ETF (IWM) 10,000 Jan $305/$250 bull risk reversals trade at $1.10 debit
4/27/26 Semiconductors ETF (SMH) buyer 1125 May 22nd (W) $530 calls bought $13.25
4/27/26 Financials ETF (XLF) opening sale 2500 Dec 2027 $40 puts at 1.53
4/27/26 Momentum ETF (MTUM) opening sale 6000 May $270 puts 2.17 and 7800 May $265 puts 1.40
4/27/26 Bitcoin ETF (IBIT) 1500 March 2027 $40 short puts open $5.35
4/27/26 Netflix (NFLX) 1150 Oct $75 short puts open $2.28
4/27/26 Netflix (NFLX) 400 June 2028 $105 ITM puts sold to open 23.35
4/27/26 Berkshire Hathaway (BRK.B) 1000 Jan $420 short puts opening 9.10 to 9.05
4/27/26 Occidental (OXY) opening seller of 2250 Jan $55 puts for $5.50 bid
4/27/26 NRG Energy (NRG) 3900 March 2027 $140 short puts open $16.50
4/27/26 Pitney Bowes (PBI) more unusual bull flow as 2000 Jan $25 calls buy 0.45 to 0.50
4/27/26 Eli Lilly (LLY) opening sale of 300 Jan 2028 $740 puts for $88.80
4/27/26 GE Vernova (GEV) 800 June 830 short puts open 8.79
4/27/26 Firefly Aerospace (FLY) 2000 June $45/$55 call spreads bought
4/27/26 Rocket Lab (RKLB) buyers of 2000 May 8th $82 calls at $4.80 with earnings 5/7
4/27/26 Baidu (BIDU) 2500 May $127 short puts opening $5.05
4/27/26 Palantir (PLTR) 30,000 June $155 calls close and buys 30K July $150 calls $12.55
4/27/26 Google (GOOG) 5000 June $325 puts sell to open $9.05 to $9
4/27/26 Google (GOOGL) 1000 Sept $295 short puts open 8.95 bid
4/27/26 Nebius Group (NBIS) opening sales of 500 Dec 2027 $230 ITM puts at $117.50
4/27/26 Nebius Group (NBIS) buyers of 500 July $120 ITM calls at $35.35 as May $110 calls adjust
4/27/26 Dell (DELL) buyer of 100 Dec 2028 $250 calls at $62.60
4/27/26 Nvidia (NVDA) June 5th (W) $210 calls bought $12.35 with 2150X trading
4/27/26 Vertiv (VRT) 700 Sept $460 calls bought $14.30
4/27/26 ST Micro (STM) buyers of 1475 Nov $55 calls $6.70 to $6.90
4/27/26 Intel (INTC) 10,000 June $95 calls buy at $6.87 as the $60 calls adjust
4/27/26 Advanced Micro (AMD) 1350 Nov $500 OTM calls bought for $3.3M paying 23.39 to 23.89
4/27/26 Qualcomm (QCOM) 500 August 180 calls buy 7.60 to 8.00
4/27/26 Qualcomm (QCOM) 700 Oct $180 calls also buying 9.95 to 10.20
4/27/26 Marvell Tech (MRVL) 300 Nov $125 short puts open for 16.20
4/27/26 Broadcom (AVGO) buyer of 500 June 2027 $460 calls at $77
4/27/26 Broadcom (AVGO) 2000 Jan 2028 $310 short puts opening $45 to $44.60
4/27/26 Lam Research (LRCX) buyer of 1000x 1500x Sept $270/$350 call ratios
4/27/26 KLA Corp (KLAC) 425 June $1500 short puts open as $1400 strike adjusts
4/27/26 Corning (GLW) opening sales of 1500 May $165 puts at $11.15 to $140.65
4/27/26 AXT (AXTI) opening sales of 400 Nov $50 puts at $18.60
4/27/26 Amprius Tech (AMPX) constant put selling continues, 2200 Nov 20 short puts open at 4.80
4/27/26 Amprius Tech (AMPX) 2500 May 21 short puts open 2.05
4/27/26 Applied Optoelectronics (AAOI) opening sales of 500 Jan $260 ITM puts at $146 to $145.40
4/27/26 Applied Optoelectronics (AAOI) large opening sale of 5400 June 2027 $50 puts at $11.50
4/27/26 Aehr Test Systems (AEHR) 2000 June 70 puts sell to open 6.80
4/27/26 SanDisk (SNDK) 1800 Jan $1100 calls buy for $346.80 as the $900 calls adjust
4/27/26 Micron (MU) buyer of 1000 July $590 calls at $53.82 as $520 calls adjust
4/27/26 Taiwan Semi (TSM) 250 Nov $400 short puts open at 50.10
4/27/26 Amazon (AMZN) 3050 Oct $250 calls bought near $34.50 average for $10M, adjustments from May 8th (W) 235 calls