Link for IBD LIVE Trial: https://shop.investors.com/offer/splashresponsive.aspx?id=IBD-Live&src=A00459A&&refcode=JF_IBDLiveLinks

Topics covered:
1) 0:00 Announcements
2) 1:05 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 4:30 Stock Review – Watch List/General Ideas/Commentary: XLE (ETF), XOP (ETF), OIH (ETF), XBI (ETF), CCXI, CYTK, VIVO, TMDX, XENE, IBB (ETF), UTHR, HALO, SWAV
4) 11:00 Conclusion/Summary

Market Summary:
The message continues to be the same. Stay patient and stay defensive. One of the goals of this product is to keep you on the right side of the market. I’ve been consistently saying since early April that I’m not expecting any SUSTAINED upside until the Fed is done with their current rate hiking cycle. My guess is it will be around August/September when we will see signs of a tradable low. Of course, I will stay on top of things every day, but right now, there are very few growth stocks showing up on my screens. If you have any questions, I will be running two webinars ahead of the July 4th holiday weekend. The first one will be this Saturday, June 25th at 11AM EST and the second one will be on Monday, June 27th at 7PM EST. Again, please stay patient and keep positions light until market conditions improve. Thank you and good luck for the remainder of the week.

Unusual Option Activity
6/22/22 Nasdaq 100 ETF (QQQ) buyer of 9000 July 29th (W) $273/$264 put spreads
6/22/22 Celsius Holdings (CELH) block of 1000 Aug $55 calls sold to open for 7.90
6/22/22 Netflix (NFLX) buyers 2500 July 22nd (W) $205 calls $6.35 to $6.50 for 7-19 earnings
6/22/22 BP PLC (BP) bull flows for a second day with big buys of 4000 Jan. $31 calls $2.03 offer
6/22/22 Oneok (OKE) buyer 1000 January $60 calls $2.95 offer
6/21/22 S&P 500 ETF (SPY) notable trades include opening sellers Sep. $356 puts 3000X for $3.5M
6/21/22 S&P 500 ETF (SPY) July 29th (W) $350/$330 put spreads bought 7500X
6/21/22 S&P 500 ETF (SPY) Dec. 30th (Q) $385 calls sold to open 3000X for $7M in calendar spreads with Jan. $385 calls bought
6/21/22 S&P 500 ETF (SPY) opening seller 8440 June 2023 $325 puts for $14.85M at 17.2
6/21/22 Tesla (TSLA) seeing $5M all premium being bought in August $940 contracts 3400X
6/21/22 Occidental Petro (OXY) opening sales 1100 Oct. $37.5 and $35 puts
6/21/22 Meta (META) with 3000 December $165 puts sold to open $22.50
6/21/22 Applied Materials (AMAT) opening sales 750 June 2023 80 puts for 8.75
6/21/22 Amazon (AMZN) opening sale 1000 June 2024 $86 puts for $9.25
6/21/22 Apple (AAPL) large buys July $131 calls 3400X at $7.95 offer
6/21/22 Biotech ETF (XBI) opening sales 3800 Sep. $66 puts $4.35
6/21/22 Cytokinetics (CYTK) buyer 1000 July $45 calls $1.90 to $2