Topics covered:
1) 0:00 Announcements
2) 0:55 Market Commentary and Index Review
3) 14:55 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, PL, BKSY, ASTS, VSAT, SATL, LUNR, SATS, FLY
4) 20:55 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, AVGO, TSM, ARM, KLAC, AMAT, UCTT, AEHR, TSEM, TER, AEIS, CRDO, MTSI, Q, MU, STX, WDC, SNDK
5) 26:40 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) 32:05 Stock Review – Biotech/Medical: XBI (ETF), EWTX, PCVX, CGON, CAPR, ARWR
7) 33:50 Stock Review – Others/General Ideas/Commentary: TDW, XOM, ALB, AMPX, DELL, NBIS, CRWV, SPHR, GOOGL
8) 35:55 Earnings Trade Idea: AMPX
9) 39:10 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 enjoy the rest of your weekend.
Unusual Options Activity:
5/1/26 S&P 500 ETF (SPY) buyers of over 55,000 Sept 30th $800 calls at $4.55 to $4.66
5/1/26 Semiconductors ETF (SMH) spread sells 1500 Dec $460 puts at $37.65 and buys 3000 Dec $660 calls at $19.50
5/1/26 Regional Banks ETF (KRE) 7500 Sept $79 calls bought at $1.53
5/1/26 Ark Innovation ETF (ARKK) opening sellers of 1750 Sept $81 puts at $9.40
5/1/26 Gold ETF (GLD) large buyer of 33,000 June $450/$475 call spreads
5/1/26 Silver ETF (SLV) 2500 Nov $90 calls bought at $4.64
5/1/26 Taiwan ETF (EWT) buyer of 3000 June $100 calls at $1.20 to $1.45
5/1/26 Tesla (TSLA) buyers of 9000 June 5th $390 calls at $23 to $23.75 offers
5/1/26 EQT (EQT) June $52 short puts open 18,000X at 0.56
5/1/26 Expand Energy (EXE) 10,900 June 90 put seller for 1.03
5/1/26 Bloom Energy (BE) seller to open of 3000 Jan $350 ITM puts at $131 to $130
5/1/26 Vistra (VST) large opening sale of 1000 March $175 ITM puts at $37.60
5/1/26 Travere Therapeutics (TVTX) 460 January $47.5 short puts open $9
5/1/26 Axsome Therapeutics (AXSM) large opening seller of 5000 Jan $160 puts at $7.40
5/1/26 Cytokinetics (CYTK) 2500 May 95 calls bought 2.80
5/1/26 Celcuity (CELC) buyers of 1000 June $125 calls at $14.50 to $15.50
5/1/26 Morgan Stanley (MS) 950 Dec 170 short puts opening 9.10
5/1/26 Amphenol (APH) 9250 July $115 short puts open 2.14
5/1/26 Karman Holdings (KRMN) buyer 400 Sept $85 calls $5.60
5/1/26 Amazon (AMZN) buyer of 3000 August $315 calls at $6.60 offer
5/1/26 Microsoft (MSFT) large buy of 2000 March $510 calls at $19.55
5/1/26 Apple (AAPL) 6000 Dec $300/$270 bull risk reversals trade to open for 2.25 debit
5/1/26 Nebius Group (NBIS) buyers of 4000 next weeks $175 calls at $1.63 to $2
5/1/26 Alibaba (BABA) 1300 March 135/180 call spreads bought
5/1/26 Nokia (NOK) buyers 6000 Sept $19 calls 1.15 offer
5/1/26 Nokia (NOK) also over 25,000 Sept $21 calls bought $0.99 to $1.06 in large lots
5/1/26 Cisco (CSCO) 1900 June $97.50 calls bought at $2.73
5/1/26 Nvidia (NVDA) buyer of 10K May 29th $180 ITM calls at $24.60 to $25.70
5/1/26 Lam Research (LRCX) opening sale of 400 June 2027 $200 puts at $31
5/1/26 GlobalFoundries (GFS) 350 Jan 70 ITM puts sold to open 16.55
5/1/26 Texas Instruments (TXN) buyer 1250 June 2027 $360 calls at $22
5/1/26 Google (GOOG) 7000 Dec $350 puts sell to open 51.10
5/1/26 Google (GOOG) buyer 4000 July $425 calls 7.75 to 7.80
5/1/26 Applied Optoelectronics (AAOI) 1300 June $260 calls buying $18 to $19.33
5/1/26 Aehr Test Systems (AEHR) 500 Sept $100 calls bought at $24.50 to $25.50
5/1/26 MaxLinear (MXL) 1250 Sept $95 calls buying 14.40 to 15.90
5/1/26 Viavi Solutions (VIAV) 700 max strike Dec $90 calls bought $7.20
5/1/26 IonQ (IONQ) buyer 10,000 August $60 calls 5.87 as 3K of the Aug 45 calls adjust
5/1/26 Silicon Motion (SIMO) 400 Sept $210 puts sell to open $32.70
5/1/26 SanDisk (SNDK) opening sellers of 1000 Jan $1400 ITM puts at $520 to $518
5/1/26 SanDisk (SNDK) opening sellers of 2000 June $920 puts at $54.30
5/1/26 Micron (MU) early buyers 3000 June $650 calls up to $17.65
4/30/26 Nasdaq 100 ETF (QQQ) size buy 3000 Jan $730 calls $26.06
4/30/26 Nasdaq 100 ETF (QQQ) buyer 2000 Dec $725 calls $23.51, adjust Sept 700
4/30/26 Russell 2000 ETF (IWM) buyer 4000 June 2027 $175/295 call spreads
4/30/26 Technology ETF (XLK) 1550 Jan $147.5 short puts open 9.10
4/30/26 Technology ETF (XLK) also 1000 June 2027 $145 short puts open $11
4/30/26 Semiconductors ETF (SMH) opening sale of 1000 Jan $450 puts at $39.76
4/30/26 Industrials ETF (XLI) buyer 1000 Sept $182 calls $5.45 offer
4/30/26 Gold ETF (GLD) buyer 2000 July $425/$455 call spreads
4/30/26 Lowe’s (LOW) 1200 Sept $210 short puts opening 7.50 to 7.20
4/30/26 Berkshire Hathaway (BRK.B) large opening sale 1000 Jan $470 puts 21.65
4/30/26 Blackstone (BX) 1250 Dec 2027 $120 short puts open at $22
4/30/26 Eli Lilly (LLY) with 1240 June 12th (W) $785 short puts opening 7.30
4/30/26 Eli Lilly (LLY) buyer of 350 Dec $920 calls at $123
4/30/26 Revolution Medicines (RVMD) buyer 500 Sept 155/190 call spreads for $9.10
4/30/26 Chevron (CVX) 1650 May 29th (W) $185 short puts opening 3.95
4/30/26 Schlumberger (SLB) 25K Sept $75 calls buy at $1 as $60 calls adjusting
4/30/26 Bloom Energy (BE) opening sellers of 1100 Jan $150 puts $23.85 to $23.50
4/30/26 Vistra (VST) buyers 850 August $210 calls 5.70 offer
4/30/26 Albemarle (ALB) 775 Dec $160 puts sell to open $19.75 bid
4/30/26 Amphenol (APH) 8900 June 115 short puts open 1.40 to 1.35
4/30/26 IREN Ltd (IREN) buyer 4000 May $44 calls at $2.71
4/30/26 Planet Labs (PL) 1420 Jan $40 ITM puts sell to open $14.10
4/30/26 Iridium Communications (IRDM) buyer 7140 June $45 calls 1.75 adjusts the May 40
4/30/26 Google (GOOGL) buyer of 1500 Nov $410/$450 call spreads adjusting August $360/400 spreads
4/30/26 Google (GOOG) 10,000 Jan $340 puts sell to open $22.50 to $22
4/30/26 Google (GOOG) opening seller of 10,000 May 29th $370 puts at $10
4/30/26 Nokia (NOK) 6000 May 22nd (W) $11 calls buy ITM 1.65
4/30/26 Nokia (NOK) buyers of 8900 Jan $21 calls at $1.23 to $1.26
4/30/26 Amazon (AMZN) 50k June $220 calls adjust out to buy 35K August $240 calls for $32.16
4/30/26 Nvidia (NVDA) buyer 25,000 May 29th (W) 225/240 call spreads for 1.46, captures earnings 5-20
4/30/26 Teradyne (TER) 600 Jan $300 short puts open $50.80
4/30/26 Qualcomm (QCOM) 1200 July $175 calls bought $190.70 as the $145 adjust
4/30/26 MACOM (MTSI) trade opening 1200 August $350/$250 bull risk reversals for $10 credit
4/30/26 MaxLinear (MXL) 400 Dec $75 calls buy for $24
4/30/26 AXT (AXTI) opening sale 2000 May 82 puts ITM 14.30 to 13.71
4/30/26 AXT (AXTI) buyers of 600 Nov $70 ITM calls at $36 to $37
4/30/26 Marvell Tech (MRVL) buyer of 500 Nov $135 ITM calls at $50.90
4/30/26 Marvell Tech (MRVL) buyer 500 March $165 calls $45
4/30/26 Marvell Tech (MRVL) also 400 June 2027 $230 calls sold to open 29.90
4/30/26 Tower Semi (TSEM) 600 Oct 190 calls bought for $3.5M
4/30/26 nVent Electric (NVT) buyer 800 August $145 calls at $15.25 as June 135 adjust
4/30/26 Corning (GLW) 1210 Dec $170 calls bought $25.60 to $25.70
4/30/26 Corning (GLW) also a large buy 1000 Jan $160 calls $35.19
4/30/26 Taiwan Semi (TSM) 17,000 Sept $430/$510 call spreads buying for $16.95
4/30/26 Taiwan Semi (TSM) also 1400 Dec $420 calls bought $47.45