Topics covered:
1) 0:00 Announcements
2) 0:45 Market Commentary and Index Review
3) 12:15 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, PL, BKSY, ASTS, VSAT, SATL, LUNR, SATS, FLY
4) 19:50 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) 23:40 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, GLW, JBL, VRT, GEV, CIEN, AAOI, AXTI, MOD, CLS, TTMI, LASR, POWL, BE, ATI, SIMO
6) 26:20 Stock Review – Biotech/Medical: XBI (ETF), EWTX, PCVX, CGON, CAPR, ARWR, SYRE
7) 28:35 Stock Review – Others/General Ideas/Commentary: AMPX, ALB, HNGE, DELL, NBIS, CRWV, IREN, SPHR, GOOGL, REMX (ETF)
8) 34:15 Earnings Trade Idea: SATL
9) 35:45 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. If you have any questions, you can ask them during the next LIVE webinar which will be this Monday, May 11th at 7PM EST. Thank you and enjoy the rest of your weekend.
Unusual Options Activity:
5/8/26 S&P 500 ETF (SPY) opening seller of 1000 Oct 30th $710 puts at $22.56
5/8/26 Nasdaq 100 ETF (QQQ) buyers of 2200 August $780 calls at $8.75
5/8/26 Russell 2000 ETF (IWM) 900 Oct 280 short puts open at 14.63
5/8/26 Semiconductors ETF (SOXX) 5000 Dec 2027 $600 calls buy at $82.27 as the Dec 2026 calls adjust
5/8/26 Gold ETF (GLD) 22,000 June $450/$475 call spreads buying
5/8/26 South Korea ETF (EWY) 1500 Oct 255 calls buy 7.15
5/8/26 Tesla (TSLA) June $495 calls buying over 9000x at $6.75 to $7.35 offers
5/8/26 Tesla (TSLA) buyer 3000 July 460/520 call spreads
5/8/26 Wynn Resorts (WYNN) 16,500 Sept 90 calls buy 17.15 adjusting June 90
5/8/26 Pepsi (PEP) opening sellers of 2100 Nov $135 puts at $3.50 bid
5/8/26 Marathon Petro (MPC) buyer 650 Jan $330 OTM calls 8.80 offer
5/8/26 Diamondback Energy (FANG) large buys of 4700 Jan $220 calls at $11.50 to $12
5/8/26 Vistra (VST) 5570 June $120 short puts open 1.26
5/8/26 Modine Manufacturing (MOD) buyer 3000 August $310 calls bought $37.45 as the $300 adjust
5/8/26 Rocket Lab (RKLB) March $110 and $125 calls bought 300x each
5/8/26 EchoStar (SATS) buyer 3000 Oct $140 calls $15.72
5/8/26 Nokia (NOK) buyer of 17,650 Dec $23 calls at $0.86
5/8/26 Cisco (CSCO) buyer 1000 Sept $97.50 calls for $7.70
5/8/26 Apple (AAPL) buyers in Oct $320 calls over 3000X, $3M
5/8/26 Apple (AAPL) buyer of 400 Sept 2027 $350 calls at $21.70
5/8/26 Amazon (AMZN) buyer into the close of 1500 Dec 2027 $275 calls at $55.90 offer
5/8/26 Intel (INTC) buyer of 1000 Jan 2028 $170 max strike calls $30 to $31.50
5/8/26 Qualcomm (QCOM) size buyer 2000 June 5th (W) $230 calls 17.28 to 18.18
5/8/26 Qualcomm (QCOM) 2500 July $230 calls bought as $210 adjust higher
5/8/26 Advanced Micro (AMD) 2050 June 5th (W) $410 short puts open near $20
5/8/26 Advanced Micro (AMD) buyers of 600 Dec 2028 $810/$860 call spreads
5/8/26 Microchip (MCHP) massive buyer of 108,000 Sept $75 calls at $29.23 as the 90K June $55 calls adjust
5/8/26 Marvell Tech (MRVL) 1000 Sep $200 calls buy $19.28 and sells the $135 puts at $13.63 in bull r/r at net debits
5/8/26 Teradyne (TER) 400 Sept $260 short puts open $16.30
5/8/26 STMicroelectronics (STM) buyer of 2500 Jan $75 calls $6.20
5/8/26 CoreWeave (CRWV) opening sale of 15,275 June $65 puts at $0.58
5/8/26 CoreWeave (CRWV) opening seller of 700 Jan $97.50 puts at $19.85 bid
5/8/26 IREN Ltd (IREN) 2000 May 29th $67 calls buy at $5.11 as some weeklys adjust
5/8/26 Applied Optoelectronics (AAOI) opening sellers in Jan 2028 $70 puts 2350X near $24
5/8/26 MaxLinear (MXL) Sept $125 calls 3000X bought over $7M
5/8/26 AXT (AXTI) buyers of 425 Nov $165 calls at $33.60
5/8/26 Western Digital (WDC) opening seller of 300 Sept $440 puts at $67.60
5/8/26 Western Digital (WDC) also buyer of 1000 June $400/$600 ITM call spreads at $80
5/8/26 Micron (MU) buyers of 450 Jan $1360 far OTM calls at $57.50 offer
5/7/26 S&P 500 ETF (SPY) buyer 23,000 May 29th (W) $740 calls 8.10 adjusting the $733 calls
5/7/26 Regional Banks ETF (KRE) 10,000 August $65 short puts open 1.87
5/7/26 Gold Miners ETF (GDX) 1000 June 2027 $95 short puts open 14.65
5/7/26 South Korea ETF (EWY) 2000 Oct $150 short puts opening 10.60 to 10.40
5/7/26 Netflix (NFLX) March 100/120 call ratios trade 2000X4000
5/7/26 Target (TGT) opening seller 400 Sept 2027 $115 puts for $14
5/7/26 Goldman Sachs (GS) buyer 500 Sept 1300/1400 call spreads
5/7/26 Merck (MRK) buyer 1600 Oct $130 calls 2.90 offer
5/7/26 Eli Lilly (LLY) large buy 1000 June 2027 $1100 calls $119.45
5/7/26 Tarsus Pharma (TARS) 3000 July $60 short puts open 3.50
5/7/26 Celcuity (CELC) opening seller of 1500 Sept $130 puts for $20
5/7/26 Black Diamond Therapeutics (BDTX) unusual 5000 June $2.50 calls buying 0.55 to 0.65
5/7/26 Constellation Energy (CEG) 300 Nov $230 short puts opening $11.50
5/7/26 Phillips 66 (PSX) 250 Jan 2028 $150 short puts open 18.89
5/7/26 Newmont (NEM) opening sellers of 3200 July $115 puts at $8.20
5/7/26 ViaSat (VSAT) buyer 1000 Sept 75/95 call spreads and sold the $45 puts
5/7/26 Microsoft (MSFT) 1000 June 5th (W) $425 calls bought 11.10
5/7/26 Microsoft (MSFT) buyer 26,160 Nov 500/575 call spreads
5/7/26 Microsoft (MSFT) massive buyer late day of 12,500 August $390 ITM calls for $49.85 offer
5/7/26 Amazon (AMZN) large trade sells 7500 July $240 puts at $3.70
5/7/26 Apple (AAPL) buyer of 32,500 August $320 calls at $5 to $5.10 as July $295 calls adjust
5/7/26 Google (GOOGL) buyer 7000 July $400 calls at $22.30 as May $310 calls adjust
5/7/26 Google (GOOG) buyer 3500 June 415/445 call spreads
5/7/26 Arm Holdings (ARM) 600 July $190 puts sell to open $12.35
5/7/26 Microchip (MCHP) 2500 July $110 calls bought $6 against 3750 of the $140 calls
5/7/26 Marvell Tech (MRVL) Dec $150 short puts 500X for 26.10
5/7/26 Vertiv (VRT) 4000 June $240 short puts open 2.10
5/7/26 Nebius Group (NBIS) 1375 June $250 way OTM calls pay 10.75 offer
5/7/26 IREN Ltd (IREN) call buyers hot again with 3300 Dec $100 and 1600 Dec 110
5/7/26 IREN Ltd (IREN) large opening sellers of 1500 Jan 2028 $60 puts $25 to $24.70, also selling the $65 ITM puts
5/7/26 Himax Tech (HIMX) buyers of 2500 Dec $23 calls at $3.10 offers
5/7/26 Lumentum (LITE) buyers of 650 July $1040 calls at $93.70 to $94.10
5/7/26 Micron (MU) 800 Jan $850 ITM puts sell to open $290 to $286.20