Topics covered:
1) 0:00 Announcements
2) 1:00 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 11:15 Stock Review – Aerospace/Defense: SHLD (ETF), RTX, PLTR, KTOS, HWM, ATRO, RKLB
4) 13:30 Stock Review – Others/General Ideas/Commentary: SFM, NGVC, WGS, GH, CRWD, RYTM, HALO, META, TSLA, SPOT, NVDA, UBER
5) 17:50 Conclusion/Summary

Market Summary:
Over the past 6 weeks or so, I’ve been emphasizing “defense, defense, defense.” Why? Because the major indexes are below their 200-day moving averages, and the price action of growth stocks is very poor. From here, I would like to see 5 things in order to feel more confident that a new SUSTAINED uptrend might be coming: 1) Signs that the selling is slowing down. 2) One (preferably two) follow through days (FTD). 3) The major indexes to regain their 50-day. 4) The price action of stocks to improve. 5) Sentiment to get washed out. Again, this will take time to develop, but in the meantime, I will keep curating a list of stocks holding up well and observe how they act.

In this video, I discuss how I went through all my screens and there are no growth stock setting up. Again, my instincts tell me that we will not see a SUSATINED uptrend until the second half of this year, but I will of course be open-minded. From here, we would need to see a tighter range with lower volatility, but with the major indexes still below their respective 200-day moving averages, higher volatility is likely to remain over the near-term. Again, please be patient and remain defensive until market conditions improve. Thank you and good luck this week. Also, just a reminder that the US Markets are closed this Friday, April 18th for the Good Friday holiday, so the MidWeek Video will be posted a day earlier on Tuesday, April 15th by 8PM EST.

Unusual Options Activity:
4/11/25 Regional Banks ETF (KRE) with 15,000 May $46 puts sell to open at $2.17
4/11/25 Gold ETF (GLD) sees an opening seller of 5000 June $305 calls at $10.21
4/11/25 Nasdaq 100 ETF (QQQ) sees opening sales of 3600 August $480 calls at $20 to $17.85
4/11/25 Homebuilders ETF (XHB) buyer of 5000 Sept $85 puts at $6.90
4/11/25 Elf Beauty (ELF) 2000 May $40 puts sell to open 1.70
4/11/25 Target (TGT) 650 Sept 80 puts sold to open 7.75
4/11/25 Constellation Brands (STZ) with 1500 July $175 puts sold to open $8.90
4/11/25 Nike (NKE) opening sales of 1800 Jan $45 puts at $4.10
4/11/25 Chipotle (CMG) 10,000 May 30th $40 puts sold to open at $0.65
4/11/25 AppLovin (APP) 5500 May $100 puts sell to open 1.15 to 1.10
4/11/25 O’Reilly Automotive (ORLY) 650 May $1150 puts sold 10.71 to open
4/11/25 YPF ADR (YPF) with 1000 Jan $42 puts sell to open $14.70 as July puts adjust
4/11/25 Bank of America (BAC) reports next week and sees 1900 Oct $32 puts sell to open $2.54 to $2.58
4/11/25 Coinbase (COIN) sees 2000 June $230 calls bought at $7.49 as $200 calls adjust
4/11/25 Coinbase (COIN) also buyers of 1750 July $350 calls at $1.44 offers
4/11/25 Schrodinger (SDGR) unusual 10,000 Jan $55 far OTM calls buy 0.70 to 0.90
4/11/25 PTC Therapeutic (PTCT) sees 2000 June $40 puts sell to open $4.60
4/11/25 Recursion Pharma (RXRX) sees 5000 Sept $8 calls bought at $0.90
4/11/25 Tempus AI (TEM) buyers of 5000 May $50 calls at $0.50 offers
4/11/25 Rocket Lab (RKLB) with 2350 Sept $21 puts selling to open for $5.50
4/11/25 CoreWeave (CRWV) buyer 500 May $30 calls ITM $15.60
4/11/25 Marvell Tech (MRVL) buyer 2650 August $55 calls $7.94
4/11/25 On Semi (ON) with 3000 March $33 calls being bought $8.15
4/11/25 Arm Holdings (ARM) with 1500 August $85 puts selling to open down to $8.90
4/11/25 Arm Holdings (ARM) also opening sales of 900 July $125 calls at $6.75
4/11/25 Palo Alto (PANW) 300 March $170 puts sold to open $28
4/11/25 Nvidia (NVDA) 10,000 June $108 puts sold $10.80
4/11/25 Dell (DELL) with 500 December 2027 $80 puts sold to open at $21.75
4/11/25 Wix.com (WIX) seeing sweep buyers of 830 June $180 calls at $8 to $8.70 offers
4/11/25 Palantir (PLTR) with 1100 March $80 puts sold to open at $17.65
4/11/25 Meta (META) 1900 May 30th $395 puts sold to open $7 to $6.80
4/11/25 Verizon (VZ) with 9000 May $46 calls sold to open $0.68
4/10/25 Nasdaq 100 ETF (QQQ) 4000 Sept $265 puts sold to open $2.80
4/10/25 Nasdaq 100 ETF (QQQ) size opening sale 2000 March 2026 $380 puts 22.33
4/10/25 Nasdaq 100 ETF (QQQ) also a block of 3000 Jan $490 calls bought at $26.33
4/10/25 Biotech ETF (XBI) opening sales 5000 August $83 calls at $3.00 to $2.60
4/10/25 Oil & Gas (XOP) buyer 1500 May 108 calls for 6.39
4/10/25 Tesla (TSLA) seeing over 3500 June $255 puts selling for $37.50 to $33.85
4/10/25 On Holding (ONON) 16,800 June $30 puts sell to open 1.08
4/10/25 Birkenstock (BIRK) similar to ONON with 15,000 July $35 puts selling to open 1.20 to 1.15
4/10/25 Shopify (SHOP) aggressive buyer 1650 May $85 calls $8.60 offer
4/10/25 Shopify (SHOP) bull sold 1000 May $80 puts to open 8.35
4/10/25 Chipotle (CMG) opening sales 15,000 June $39.20 puts at $0.90 to $0.84
4/10/25 DoorDash (DASH) opening sellers of 1500 May $155 puts at $6.70
4/10/25 Marathon Petro (MPC) opening sale of 500 June $120 puts at $9.20
4/10/25 Exxon (XOM) 2000 June $100 calls sell to open 7.15
4/10/25 YPF ADR (YPF) opening sale of 2000 Oct $41 puts at $13.60 as July adjust
4/10/25 Berkshire Hathaway (BRK.B) sees 600 July $505 puts sell to open $18.75
4/10/25 JP Morgan (JPM) 7500 June $250 calls sell to open 6.35 to 6.10
4/10/25 JP Morgan (JPM) also 1100 Oct $165 puts sold to open 5.65 to 5.60
4/10/25 Eli Lilly (LLY) opening sale of 11000 May 23rd $515 puts at $7.80
4/10/25 Biogen (BIIB) 475 Sept $100 puts sold to open 7.30
4/10/25 GE Aerospace (GE) 1500 June $150 puts sold to open $3.20
4/10/25 AngloGold (AU) 1160 July $45 calls bought 1.75 offer
4/10/25 Newmont (NEM) buyers 1950 Sept $52.50 calls $4.75 offer
4/10/25 Apple (AAPL) 10K July $140 puts selling $2.50
4/10/25 Nvidia (NVDA) big block 10,400 May 2nd (W) $110 puts sold to open for 7.36
4/10/25 Rubrik (RBRK) sees 400 Jan 2027 $100 calls buy today for $490K
4/10/25 Salesforce (CRM) sees 2300 July $200 puts sell to open $6.90
4/10/25 Broadcom (AVGO) opening sellers of 3200 July $115 puts for $4.15
4/10/25 Applied Materials (AMAT) with 500 Dec $185 calls bought $6.80
4/10/25 Constellation Energy (CEG) 600 June $260 calls sell to open $6.10