Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 14:35 FOCUS LIST: NVDA, ISRG, META, TSM, ONON, TSLA, PLTR, AVGO, RKLB
4) 20:10 Stock Review – Software: IGV (ETF), NOW, CRM, APP, FTNT, CYBR, CRWD, RBRK, NET, KD, PSTG, DOCS, GDDY, WIX, TEAM, TWLO, DT, KVYO, NTNX
5) 25:00 Stock Review – Semiconductors: SMH (ETF), SMTC, MRVL, ANET, CRDO, NVMI
6) 27:00 Stock Review – Biotech and Medical Products: XBI (ETF) TARS, SWTX, INSM, BPMC, TVTX, NTRA, GH, GRAL
7) 30:05 Stock Review – Others/General Ideas/Commentary: GOOGL, AMZN, NFLX, VRT, VST, CEG, NRG, GEV, SEI, BE, CLS, LUNR, RDW, PL, HWM, EQT, WMB, EXE, SPOT, FOUR, BROS, DECK, HOOD, RDDT, NBIS, SFM, COIN
8) 39:55 Stocks Near Buyable Ranges: TSLA, RKLB
9) 42:45 Conclusion/Summary

Market Summary:
In this video, I discuss some of the feedback I received from my Market Note to Members earlier this week. Some great points were made about being too cautious when the market is near all-time highs, and the S&P 500 showing better relative strength than the Nasdaq Composite recently. Please keep in mind: 1) Defensive doesn’t mean bearish. It’s hard to get too bearish when we’re still in a bull market and many mega cap names such as GOOGL, AMZN, JPM, etc. are near new highs. 2) When there’s a mixed picture in the market, I’m always goin to lean defensive to protect members. If you have a higher risk tolerance, then by all means, you can position yourself more aggressively in the market. Just because I’m not doing it at this time doesn’t mean all the members should follow. Know thyself and stick to your own plan.

Overall, I’m still expecting a range over the near-term. I am currently 50% invested. That way, if the market moves higher, I will hopefully participate, and if the market moves lower, having a decent cash position can hopefully mitigate some of the downside and the overall volatility for my clients. There are sill many growth names acting well and showing great relative strength, specifically in the Software, Genomics, and Space-related areas. I review many of them in this video. If you have any questions, you can ask them during the next LIVE webinar which will be this Monday, February 3rd at 7PM EST. Thank you and enjoy the rest of your weekend.

Unusual Option Activity:
1/31/25 S&P 500 ETF (SPY) buyers of 1000 June 30th $615 calls at $22 to $22.70 offers
1/31/25 S&P 500 ETF (SPY) 1100 August $572 puts selling to open 12.14
1/31/25 Nasdaq 100 ETF (QQQ) block of 5000 Feb 28th $525 puts sold to open at $7.96 in a large stock replacement
1/31/25 Nasdaq 100 ETF (QQQ) buyer 2000 March 7th (W) $550 calls $4.55
1/31/25 Nasdaq 100 ETF (QQQ) buyer in April $555 calls 1870X at $8.70
1/31/25 Gold ETF (GLD) 23,050 Feb 28th (W) $263/$280 call spreads bought
1/31/25 Tesla (TSLA) 1500 Feb 14th (W) $430 calls bought 12.40 to 13.05
1/31/25 Tesla (TSLA) large buyer of 1800 June 2027 $650/$750 call spreads opening at $15.40
1/31/25 Tesla (TSLA) seeing large lot buyers for 5500 June $660 calls at $12.65 to $13.30, over $7M
1/31/25 Tesla (TSLA) also late day buyers of 15,000 May $400 calls at $60.75 in a single block, over $84M
1/31/25 Deckers (DECK) sees 2450 March $190 calls sell to open $7.07
1/31/25 Deckers (DECK) also sells 4900 of the $200 calls at $3.61
1/31/25 Shopify (SHOP) more bull flow with 1000 April $130 calls bought $8.55 to $8.60
1/31/25 Dick’s Sporting Goods (DKS) 2000 March 7th (W) $220 puts sold to open 1.95
1/31/25 eBay (EBAY) sees 500 Jan $67.5 calls buy 8.65 offer sweeps
1/31/25 Roblox (RBLX) more bull flow with 2500 June $90 calls buy for $3.70 offer in a single block
1/31/25 Expedia (EXPE) buyer of 850 March $155 ITM calls at $22.60 as Feb $170 calls adjust, reports 2/6
1/31/25 Marathon Petro (MPC) 500 April $145 puts sold to open 7.30
1/31/25 Franklin Resources (BEN) sees 3900 April $20 ITM calls buying $2.60
1/31/25 Franklin Resources (BEN) also 3150 of the $22.50 calls bought at $0.95
1/31/25 Stryker (SYK) with another 900 Jan 2027 $370 calls bought $76
1/31/25 Merck (MRK) huge buyer 3000 Jan 2027 $100 calls $13.75 to $13.90
1/31/25 Tempus AI (TEM) with 1000 July $70 calls bought at $11
1/31/25 Amgen (AMGN) buyer 350 Sept $300 calls $16.70
1/31/25 Natera (NTRA) large buyer of 1000 April $185 calls at $16.50 as some March $160 calls adjust
1/31/25 Modine Manufacturing (MOD) buyer 500 March 105/125 call spreads
1/31/25 United Airlines (UAL) 2900 March $105 puts sell to open $5.35
1/31/25 Planet Labs (PL) sees 10,000 July $9 calls bought at $1.10
1/31/25 Marvell Tech (MRVL) 1200 Feb. 14th (W) $115 calls buying 3.45 offers
1/31/25 Atlassian (TEAM) sees buyer of 1000 Feb $310 calls at $16
1/31/25 Nutanix (NTNX) aggressive buy 2000 April $75 calls for $3.54
1/31/25 Alibaba (BABA) opening sale 1000 Dec $100 puts $13.05
1/31/25 Teradyne (TER) 3500 March $100 puts sold to open 1.13
1/31/25 Microsoft (MSFT) buyer 25,000 May $400 calls 34.17 adjusts Feb. 405 calls
1/31/25 Rigetti Computing (RGTI) large lots buying 10,000 March $20 calls at $1.75 to $1.90 offers
1/31/25 Apple (AAPL) 4000 March 7th $250 calls sold to open at $2.59 as Feb $232.50 short calls adjust
1/31/25 ServiceNow (NOW) dip buyer of 500 March $1140 calls at $13 to $14.90
1/30/25 Semiconductors ETF (SMH) buyer 4000 Feb $260 calls $2.05 as $250 calls adjust 2000X
1/30/25 China Internet ETF (KWEB) May $33 calls buy 15,000X and sell 22,500 of the $40 calls
1/30/25 Financials ETF (XLF) with 157,000 Dec $55 puts sold to open ITM $4.10 as June $52 short puts adjust
1/30/25 Bitcoin ETF (IBIT) 10K March $64 calls bought for $3.8M as Feb calls roll
1/30/25 Tesla (TSLA) buyer 2600 max strike August $960 calls $4.30 offer
1/30/25 Tesla (TSLA) massive opening sales of 5900 April $350 puts at $16.25 down to $15.80
1/30/25 TJX Cos (TJX) buyer of 1625 March 7th $131 calls at $1.56 as Feb 7th $124 calls adjust
1/30/25 Starbucks (SBUX) sees 2400 Feb $108 puts sold to open $1.78
1/30/25 Starbucks (SBUX) 1300 Sept $120 calls bought 5.10 to 5.15
1/30/25 Brinker (EAT) another large bull trade buys 750 Nov $220 calls $19
1/30/25 MicroStrategy (MSTR) large opening seller of 3100 Sept $600 calls at $50
1/30/25 Shift4 Payments (FOUR) buyer 1300 March $135 calls $4.23 adjusts some Feb 110 calls
1/30/25 Blackstone (BX) buyers of 1100 each Feb $177.50 calls and $180 calls bought
1/30/25 Robinhood Markets (HOOD) buyers 1000 Jan $75 calls 7.80 to 7.85
1/30/25 Verona Pharma (VRNA) opening sale of 1000 Feb $60 puts at $4.25
1/30/25 Flowserve (FLS) sees unusual aggressive buyer of 1000 June $75 calls $1.15 and has Feb calls in OI
1/30/25 ServiceNow (NOW) sees 575 March $890 puts sell to open at $10.01
1/30/25 Taiwan Semi (TSM) buyers of 1800 March 14th $200 calls at $16 to $17 as March 21st calls adjust
1/30/25 Taiwan Semi (TSM) block of 1000 July $250 calls bought at $9.34
1/30/25 Microsoft (MSFT) buyer 5000 March 7th (W) $430 calls $5.90
1/30/25 Microsoft (MSFT) sees large buyers of 2600 January 2027 $450 calls for $56.35 to $57.10, over $15M
1/30/25 Nebius Group (NBIS) 1500 Feb 14th (W) 32.5/38.5 call spreads buy
1/30/25 Meta (META) 3000 March $730 calls bought $18.93 as Feb 720 adjust
1/30/25 Meta (META) buyers of 2200 Feb 28th $800 calls at $2.92 to $3.65
1/30/25 Meta (META) also 2500 Jan 2026 $500 puts sold to open $16.39 as the $400 short puts adjust
1/30/25 Applied Materials (AMAT) large opening seller of 1300 March 2026 $170 puts at $19.90
1/30/25 KLA (KLAC) buyers of 1000 Feb $680/$740 call spreads at $40
1/30/25 Oklo (OKLO) buyer 400 May $42 calls for 8.95
1/30/25 Vistra (VST) block 4500 June $130 puts sold $7.95 adjusting $100 short puts
1/30/25 Constellation Energy (CEG) 7500 June $250 short puts open adjusting the $200 strike, similar to the VST trade