Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 20:10 FOCUS LIST: NVDA, MSFT, ORCL, ADBE, CELH, LLY, NOW, UBER
4) 23:30 Stock Review – Software: IGV (ETF), CRM, CDNS, SNPS, WDAY, APP, QLYS, INTU
5) 26:00 Stock Review – Semiconductors: SMH (ETF), AMAT, AVGO, LRCX, KLAC, ACLS
6) 27:30 Stock Review – Energy: XLE (ETF), XOP (ETF), WFRD, MPC, TDW, BKR, HAL, SLB
7) 29:50 Stock Review – Watch List/General Ideas/Commentary: CLS, EXTR, VRT, NVO, TSLA, ISRG, META, BKNG, LULU, NTRA, XBI (ETF), BBIO, IMVT, RVMD, AXSM, RYTM, QTRX, ITB (ETF), DFH
8) 37:55 Conclusion/Summary

Market Summary:
The Market Commentary section of this video consists of three parts: 1) Reviewing the price action of the past few months combined with discussing the bullet points of the Market Note from 8/29. 2) What to expect from here and over the next few weeks. 3) Tips for members who like to actively manage their portfolios and vary their investment levels. After Tuesday’s follow through day, the market has acted well. We didn’t see any heavy distribution during the remainder of the week and many leading stocks continue to show strong price action. Of course, we will see some backing and filling, but I think the market should do well into the week of the September 15th options expiration. After that, I’m expecting some weakness towards the second half of September, but as always, I will take this day-by-day.

The main purpose of this product is to encourage you to make decisions and constantly work on an investment/trading plan that works for you. No matter your timeframe, please stay focused on the main goals of: 1) Exposing yourself to strong stocks and ETFs. 2) Getting strong entry points. 3) Managing your trades as best as possible based on your timeframe. If you have any questions on this or anything you would like to me review, you can ask it during the next webinar which will be this Monday, September 4th at 7PM EST. Thank you and enjoy the remainder of your long weekend!

Unusual Option Activity:
9/1/23 Regional Banks ETF (KRE) with 3500 Dec 2025 $41 puts sell to open at $4.56
9/1/23 Lululemon (LULU) after earnings seeing 1000 October $420 calls bought at $4.60 offers
9/1/23 Tesla (TSLA) with large opening sales of 7500 Sept $232.50 puts at $3.20 bids
9/1/23 Enovix (ENVX) buyer of 1550 Jan $9 deep ITM calls at $5.70
9/1/23 APA (APA) large buyer of 1000 April $35 ITM calls at $12.28, adjusting $37.50 calls
9/1/23 Citigroup (C) buyers of 2000 Dec $38 ITM calls at $4.65
9/1/23 Pfizer (PFE) seeing large buyers for over 30,000 December $37.50 calls at $1.05 to $1.19
9/1/23 AstraZeneca (AZN) with 3300 Nov $65 puts sell to open at $1.23, adjusting Sept 1st
9/1/23 DexCom (DXCM) buyers of 1000 Oct $105 calls at $3.80 to $4.10
9/1/23 DexCom (DXCM) also opening sales of the Oct $90 puts over 2600x
9/1/23 ON Semi (ON) with 1000 Oct $95 puts sell to open at $3.35 bids
9/1/23 Oracle (ORCL) with 2200 Sept 8th $120 puts sell to open $0.78
9/1/23 Oracle (ORCL) also buying 2k of the Sept 1th $128 calls at $1.30
9/1/23 Amazon (AMZN) buyers of 4700 Dec $150 calls for $5.30
9/1/23 Nvidia (NVDA) into the dip today seeing buyers for 2200 Sept 2024 $600 calls at $64 to $66.50
8/31/23 S&P 500 ETF (SPY) size buy 4500 Dec. 2024 $500 calls $20.50
8/31/23 Russell 2000 ETF (IWM) midday opening sale for 5000 Sept 2024 $160 puts at $4.70
8/31/23 Retail ETF (XRT) with 7200 October $63 puts bought for $1.42
8/31/23 Pinduoduo (PDD) buyer 5000 Oct. $105 calls for $4
8/31/23 Uber (UBER) opening sales of 1800 April $42.50 puts for $3.15 bids
8/31/23 Lululemon (LULU) into earnings seeing 1000 Oct $400 calls bought for $13.90 here late in the day
8/31/23 ConocoPhillips (COP) buyers for over 2100 Oct $110 ITM calls at $10.30
8/31/23 Chevron (CVX) with 500 Nov $145 ITM calls bought for $18.80
8/31/23 Range Resources (RRC) seeing a large buyer for 6000 October $34 calls at $0.98
8/31/23 Zillow (Z) with 1000 June $45 puts selling to open for 3.70
8/31/23 Blackstone (BX) with 6000 next week $110 calls bought as $103 adjust
8/31/23 Adobe (ADBE) with buyers 350 November $600 calls for $725K, reports 9-14
8/31/23 Workday (WDAY) opening sale 400 Dec. $260 calls 11.65 bid
8/31/23 Palo Alto (PANW) with 900 December 230 puts sold to open 10.43
8/31/23 Onto Innovation (ONTO) unusual large buy 700 March $150 calls $15.20
8/31/23 Unity Software (U) seeing 1000 June $33 puts sell to open for $4.90
8/31/23 Super Micro Computer (SMCI) large buyer of 750 June $280/$310 call spreads at $11
8/31/23 Meta (META) buyers of 2000 Sept 29th $310 calls at $7.73, adjusting Sept 8th calls
8/31/23 Meta (META) also seeing some buyers for 2400 Sept 29th $325 calls for $3.45
8/31/23 Oracle (ORCL) with 1800 Oct. 110 calls bought ITM near 12.80
8/31/23 Oracle (ORCL) also with 700 June $130 puts sell to open for $16.10
8/31/23 Nvidia (NVDA) with 1000 Sep. 240 puts sold to open 5.95
8/31/23 Nvidia (NVDA) also with 500 June $560 calls bought at $68.45 offers
8/31/23 Nvidia (NVDA) large buyer of 26,000 December $430 ITM calls at $91.25, and adjusting the Sept $350 deep ITM calls from back on 5/31
8/31/23 Nvidia (NVDA) seeing another 15,600 of those Dec $430 calls bought for $89.70, adjusting the Sept $370 calls now and over 41k on the day
8/31/23 Amazon (AMZN) large buyer of 114,000 Nov $120 ITM calls at $22, adjusting the massive Sept $95 calls up and out
AMZN deep ITM call adjustment similar to the NVDA trade so likely the same fund that has been riding these winners