Topics covered:
1) 0:00 Announcements
2) 0:35 Market Commentary and Index Review
3) 6:30 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, ASTS, VSAT, RDW, ATRO, SPCX
4) 9:25 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, AVGO, TSM, ARM, KLAC, AMAT, VECO, MRVL, UCTT, TER, AEHR, TSEM, ON, CRDO, MTSI, Q, MU, STX, WDC, SNDK
5) 13:15 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, GLW, JBL, VRT, AAOI, MOD, CLS, TTMI, POWL, BE, HUT, SIMO, FLEX, ATI, BHE
6) 17:10 Stock Review – Biotech/Medical: XBI (ETF), EWTX, IMVT, ARWR, GH, LQDA, URGN, VCYT, AXSM
7) 19:25 Stock Review – Others/General Ideas/Commentary: MPC, HNGE, DELL, NBIS, CRWV, IREN, ALAB, SPHR, DOCN, FROG, GOOGL
8) 22:35 Stocks near buyable ranges: SIMO, IREN
9) 25:20 Conclusion/Summary

Market Summary:
After the market decline on Friday, June 5th, I mentioned that we were likely to see the major indexes visit their 50-day moving averages over the near-term. It happened quickly last week as the Nasdaq Composite dropped to its 50-day on Tuesday, June 9th. That same day, the Nasdaq 100 and S&P 500 bounced off their respective 10-week moving averages. I immediately sent a Market Note to Members discussing how the major indexes bounced off support and how I put some money to work in some of the stocks showing great relative strength. I also explained in the MidWeek Video how many market participants rushed for the exits last week and presented many bullish sentiment statistics (from a contrarian point of view).

From here, I am expecting the remainder of the month to be volatile due to the many factors I discussed in this video. The main one is the index rebalancing that occurs later this month. Of course, anything can happen, but I am still expecting volatility. Overall, I wouldn’t get too bearish with the Russell 2000 and S&P MidCap 400 closing at new highs last Friday. Also, during the stock screening webinar on Saturday, I discussed how many Semiconductor stocks continue to act well. As always, I encourage members to make your own decisions based on your timeframe, risk tolerance, and overall investment plan. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
6/16/26 Nasdaq 100 ETF (QQQ) 1000 March $705 puts sell to open $42.70
6/16/26 Energy ETF (XLE) buyer 15,000 August $58 calls 1.22
6/16/26 South Korea ETF (EWY) buyer 2000 August $320 calls 3.60
6/16/26 TJX Cos. (TJX) 1250 Sept $170 calls buy 7.07 as June 160 adjust
6/16/26 Spotify (SPOT) 3000 July 31st (W) $370 short puts open $3.37
6/16/26 Shopify (SHOP) size opening sale 1000 June 2027 $110 puts 23.50
6/16/26 JP Morgan (JPM) opening sales 1000 Oct $330 puts at $18.35
6/16/26 JP Morgan (JPM) 2000 June 2027 $350/$300 bull risk reversals open at $8.90
6/16/26 Goldman Sachs (GS) buyers 6000 July $1300 calls at $2.20 to $2.50
6/16/26 Franklin Resources (BEN) 2660 Oct $34 calls buying 1.91 as June 32.5 adjust
6/16/26 Schwab (SCHW) 1500 Dec 100 calls buy 5.35
6/16/26 AmEx (AXP) 600 Sept $320 short puts open 11.60 bid
6/16/26 Amgen (AMGN) 300 Jan 2028 $340 short puts open at 42.20
6/16/26 Corcept Therapeutics (CORT) 200 Nov $87.5 calls buy $11.10
6/16/26 Chevron (CVX) buyers 5000 July $185 calls at $3.55 to $3.65
6/16/26 EOG Resources (EOG) buyer 2200 Sept $130 calls at $9.70
6/16/26 Bloom Energy (BE) buyers 700 August $330 calls at $47.25
6/16/26 Nucor (NUE) 400 Jan 2028 $280 puts sell to open $52
6/16/26 GE Vernova (GEV) 1150 July $820 short puts open 5.93
6/16/26 Alibaba (BABA) 4350 Dec 135/155 call spreads buy
6/16/26 Alibaba (BABA) 1250 June 2027 $90 short puts open $7.74
6/16/26 Alibaba (BABA) 3000 March $95 short puts trade 7.60 to open
6/16/26 Nokia (NOK) 6000 August $13 short puts open 1.39
6/16/26 Dell (DELL) opening seller of 200 Dec 2027 $700 deep ITM puts at $344.00 bids for $6.8M
6/16/26 Nebius Group (NBIS) 1000 Sept $220 short puts opening near $33.60
6/16/26 Nebius Group (NBIS) opening sale 1300 July $185 puts $5.40
6/16/26 WhiteFiber (WYFI) 2450 June 2027 $45 calls bought for $15.25 as the $20 calls adjust
6/16/26 Planet Labs (PL) 2000 Jan $30 short puts open 9.40 to 9.30
6/16/26 SpaceX (SPCX) options open at IV30 of 131% and expected move of 33 points by end of week. Early trade buys 2000 July $300 calls at $12 to $14
6/16/26 SpaceX (SPCX) buyer of 6500 July $325 calls at $7.00
6/16/26 SpaceX (SPCX) 1500 August $155 short puts open 11.60 to 11.70
6/16/26 SpaceX (SPCX) 1150 June 2027 $200 puts sell to open $61 to $60.7
6/16/26 SpaceX (SPCX) nice large lot sale 900 Sept $165 puts 20.70
6/16/26 DataDog (DDOG) 1500 July 210 short puts open 6.3
6/16/26 Astera Labs (ALAB) buyer of 400 March $580 calls at $85.50
6/16/26 Broadcom (AVGO) 3200 July 31st (W) $315 short puts open 3.10
6/16/26 Microchip Tech (MCHP) 1100 March $75 short puts open $7.10
6/16/26 Amkor Tech (AMKR) buyers of 680 Jan $130 calls at $18.10
6/16/26 Lattice Semi (LSCC) 1800 July 155/175 call spreads buy adjusting 135/150
6/16/26 KLA Corp. (KLAC) buyer 500 Sept $225 ITM calls at $44
6/16/26 Seagate (STX) opening sale 300 Jan 2028 $400 puts at $62.50
6/16/26 Western Digital (WDC) opening seller 400 Jan 2028 $270 puts at $46.50
6/16/26 Taiwan Semi (TSM) buyer 5000 July 10th (W) $480 calls for $5.49
6/15/26 Nasdaq 100 ETF (QQQ) large opening sales of 3000 Dec $750 puts ITM for $15.5M
6/15/26 Software ETF (IGV) buyer of 5000 Sept $105/$120 call spreads
6/15/26 Energy ETF (XLE) 1730 March 31st (Q) $56 short puts open $5.15
6/15/26 Gold ETF (GLD) buyers 3800 March $470 /$490 call spreads
6/15/26 Silver ETF (SLV) 3000 Sept 30th (W) $65.50 calls buy 6.10 to 6.20
6/15/26 TJX Cos. (TJX) buyer 300 Jan 2028 $165 calls 24.80
6/15/26 JP Morgan (JPM) buyer 1000 Jan 350 calls 15.05
6/15/26 Goldman Sachs (GS) opening sales of 300 Sept $1060 puts at $60.35 bids
6/15/26 Citigroup (C) opening sellers of 1200 Sept $135 puts at $5.65 bids
6/15/26 Eli Lilly (LLY) buyer 100 Sept 2027 $1020 calls for $275
6/15/26 Hinge Health (HNGE) stock replacement buys 700 Jan $85 upside calls for $8
6/15/26 Chevron (CVX) nearly 1000 August $175 short puts opening 6.10 bids
6/15/26 Bloom Energy (BE) buyers of 4000 Sept $330 calls at $44 to $45
6/15/26 Schlumberger (SLB) 10K July 57.5 calls buy 1.03 adjusting $60 strike
6/15/26 3M (MMM) buyers of 4000 Jan $185 calls at $6.80 to $7
6/15/26 Freeport McMoran (FCX) 5000 August $80 calls with buyers, spread vs. $95 calls
6/15/26 Freeport McMoran (FCX) 4000 Jan 2028 $70 calls buying $7.7M, adjusting June $65 calls
6/15/26 Raytheon (RTX) 450 March $190 calls buying $17.7 to $18.25
6/15/26 Microsoft (MSFT) 3000 Dec $375 short puts opening $25.55 on average
6/15/26 Palo Alto (PANW) 300 Aug 280 calls adjust to Nov 340
6/15/26 Snowflake (SNOW) 320 June 2027 $210 short puts open $38.40
6/15/26 ServiceNow (NOW) opening sale 780 Jan 2028 $104 puts at $27.95
6/15/26 Data Dog (DDOG) buyer 400 Oct $260 calls $29
6/15/26 Okta (OKTA) buyer 1000 March $85 ITM calls $44.40
6/15/26 Amphenol (APH) 500 Jan 2028 $165 calls bought $42
6/15/26 Arista Networks (ANET) opening seller 200 Jan 2028 $240 ITM puts at $93.20
6/15/26 HP (HPQ) buyers in July $26 calls 7000X
6/15/26 Hewlett Packard Enterprises (HPE) size buy 5000 Dec $60 calls at $6.30
6/15/26 Dell (DELL) buyer 300 August $290 deep ITM calls at $129.48
6/15/26 Google (GOOG) 3000 Dec $330 puts sold to open 17.60 to 17.15
6/15/26 IREN (IREN) buyer of 1750 Sept 2028 $135 calls at $24.16 as Sept $70 calls adjust
6/15/26 CoreWeave (CRWV) opening sale 700 Nov $97.5 puts for 18.33
6/15/26 Intel (INTC) block 9500 Sept $95 short puts open $7.05
6/15/26 Lam Research (LRCX) opening seller 2000 June 26th $325 puts $2.80 to $2.60
6/15/26 ASML Holding (ASML) opening sales of 375 August $1600 puts at $69.50 to $66
6/15/26 Broadcom (AVGO) buyers of 1900 July 10th $395 calls at $18.10
6/15/26 On Semi (ON) buyers 3700 July $145 calls at $4.25 offers
6/15/26 Texas Instruments (TXN) buyers 1000 July $340 calls at $7.70 to $8.40
6/15/26 Advanced Micro (AMD) opening sellers of 1800 July $570 ITM puts at $58.80
6/15/26 Microchip Tech (MCHP) 2500 Jan 2028 $75 short puts open at $13.05
6/15/26 Camtek (CAMT) 1250 July $220 calls bought adjusting 200 strike
6/15/26 Astera Labs (ALAB) 1000 ITM July $430 puts selling to open down to $69
6/15/26 AXT (AXTI) buyers 1800 July 24th $120 calls at $17.75 to $19.80
6/15/26 Western Digital (WDC) 200 March $640 short puts open $181
6/15/26 Micron (MU) 9000 Dec $550 short puts opening $44