Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 2:10 FOCUS LIST: NVDA, MSFT, ADBE, NOW, UBER
4) 5:30 Stock Review – Big Pharma/Biotech/Medical Products: NOV, LLY, VRTX, MDGL, ITCI, IDYA, IMVT, INBX, APLS, ABOS, RXST
5) 9:05 Stock Review – Software: IGV (ETF), SNPS, CDNS, CRM, WDAY, MDB, SNOW, PANW
6) 10:55 Stock Review – Watch List/General Ideas/Commentary: CLS, DECK, FWRG, CAVA, CAMT
7) 12:55 Conclusion/Summary

Market Summary:
I’m trying to keep things simple and not overthink things, especially during a light volume week. As I mentioned in late November/early December, start getting ready for a breakout higher out of the market’s recent range. That’s exactly what we’re in right now. I expect this strength to continue into mid-January with normal, shallow pullbacks along the way. That’s why I’ve said many times to use the 21-day EMA as your guide and stick to the 3 rules of: 1) Strong stocks/ETFs. 2) Strong entry points. 3) Manage your trades based on your timeframe and overall investment objectives. I remain 80-90% invested and I review some recent sells, adds, and new buys in this video. Thank you and good luck for the remainder of the week!

Unusual Option Activity:
12/27/23 S&P 500 ETF (SPY) midday buyer of 8000 April $435/$405 put spreads at $1.83, cheap hedges into Q1
12/27/23 Gold ETF (GLD) seeing buyers of 6500 January $198 calls at $1.29 offers
12/27/23 Tesla Bull 1.5x ETF (TSLL) seeing unusual buys of 3500 January $16.73 calls at $0.65 offers
12/27/23 Tesla (TSLA) seeing buyers of 2450 April $315 calls at $11.75 to $12.15 offer side
12/27/23 Tesla (TSLA) also seeing buyers of 1300 Feb 2nd $265 calls at $15.35 to $16
12/27/23 Celsius Holdings (CELH) seeing 3000 Feb $51.67 puts sell to open at $2.30 bids in a single block
12/27/23 Lyft (LYFT) with 1000 March $15 puts sell to open $1.69
12/27/23 DraftKings (DKNG) with over 10,000 Jan 26th $30 puts selling to open at $0.21 to $0.22, low delta put sales
12/27/23 ConocoPhillips (COP) trade opens 6550 Feb $125/$110 bull R/R for $1.07 debits, adjusting some Jan spreads
12/27/23 Citigroup (C) with 1300 Sept $50 puts sell to open $3.60 as March $45 short puts adjust
12/27/23 Cytokinetics (CYTK) buyers of 200 June $90 calls at $8.50 and 250 of the June $100 calls for $5
12/27/23 Cytokinetics (CYTK) buyer of 800 Feb $80 calls at $9.35 and sells the $65 puts for $3.75 in bull risk reversals
12/27/23 Cytokinetics (CYTK) also with 1000 Jan 2026 $65 puts sell to open for $9.00
12/27/23 Neurocrine Biosciences (NBIX) unusual buys 375 Feb $140 calls $3.20 to $3.40 with recent Biotech M&A in the Neuro space
12/27/23 Amazon (AMZN) buyer 1000 Feb 2nd (W) $165/$177.5 call spreads
12/27/23 Amazon (AMZN) also large trade opens 2000 June 2025 $225/$125 bullish risk reversals at $2.38 credit
12/27/23 Camtek (CAMT) May $70/$80 call spreads bought this morning
12/27/23 Okta (OKTA) with 1500 March $95 calls bought at $7.35, continued bull flow lately
12/27/23 Micron (MU) with buyers of 1500 April $87.50 calls at $6.60 as the Jan $85 calls adjust
12/27/23 Advanced Micro (AMD) buyer of 1000 Feb 2nd $145 calls buy at $9.07 adjusting some Jan calls
12/26/23 Ark Innovation ETF (ARKK) buyer of 2000 Jan $51.50 calls at $3.57, as $56 calls adjust
12/26/23 Ultra S&P 500 ETF (SSO) rare trade buys 600 Jan 2026 $40 calls for $28.75 as Jan 2025 adjust
12/26/23 Oil Services ETF (OIH) seeing 660 Feb $335 calls buying at $8.60 offer sweeps
12/26/23 Tesla (TSLA) with buyers of over 4200 Sept $400 calls at $10.20 to $10.30
12/26/23 Carnival (CCL) with 2150 June $16 ITM calls buy at $4.05 offers
12/26/23 Wynn Resorts (WYNN) buyers of 3000 Jan 26th $95 calls for $2.02 as the Jan 19th calls adjust
12/26/23 Best Buy (BBY) with 2000 Jan 2025 $90 calls bought at $4.94
12/26/23 Uber (UBER) opening sales of 3100 July $45 puts at $1.15 bids
12/26/23 Citigroup (C) with 9200 Jan $52 calls buying at $1.29 as some $50 calls adjust
12/26/23 Citigroup (C) also seeing large buys for nearly 40,000 Jan 5th $51 calls at $1.20
12/26/23 Apellis Pharma (APLS) with 1000 Feb $70 calls buy at $3.35, also selling 1k Jan $50 puts at $1.60 in risk reversals
12/26/23 Corcept Therapeutics (CORT) large trade sells to open 1400 May $32 puts at $4.15 to buy the $34/$40 call spreads at $2.44
12/26/23 Samsara (IOT) with buyer of 2300 Jan 12th $35 calls at $1.25 to $1.60
12/26/23 Okta (OKTA) continues to see upside action with 3000 Feb $105 OTM calls being bought $1.76 to $2.01
12/26/23 Crowdstrike (CRWD) buyers of 2200 Jan $270 calls at $3.60 to $3.80
12/26/23 Synopsys (SNPS) with 1235 Feb $490 puts sell to open for $8.31 as the Jan $520 short puts adjust
12/26/23 Micron (MU) large buyer of 7800 March $90 calls at $4.45 as the $82.50 calls adjust up
12/26/23 Amazon (AMZN) with 1000 Feb 2nd $155 calls buying at $6.47, some spreading vs sales of the $160 calls, earnings 2/1