Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 8:30 FOCUS LIST: NFLX, SPOT, PLTR, UBER, GEV, EQT, TEM, RKLB, BROS
4) 14:05 Stock Review – Aerospace/Defense: SHLD (ETF), HWM, KTOS, GE, ASTS, LUNR, ACHR
5) 16:20 Stock Review – Biotech/Medical: PEN, BSX, GRAL, GH, VRTX, TARS, MRUS, HALO
6) 19:00 Stock Review – Others/General Ideas/Commentary: RBRK, CRWD, AVGO, ONON, ISRG, SFM, NGVC, VST, CEG, VRT, NRG, DASH, BKNG, CRWV, AXON, HOOD, CHWY, RBLX, MSTR, IBIT
7) 26:00 Conclusion/Summary

Market Summary:
It looks like we’re starting a new power trend. A few points: 1) If some are thinking “thanks for telling us now,” I would like to remind you that the Follow Through Days (FTD) come first, and THEN it takes time for the power trend to develop. In other words, it involves patience. 2) The market is never easy. I think part of the reason we have recovered so quickly is that the big institutions threw in the towel near the lows, and have been very reluctant to get back in. 3) I identified the two FTDs in April and also the various breadth thrusts. In other words, it’s not like I’ve been sitting around bearish and in cash. I’ve been slowly putting money to work as the market conditions have been improving. 4) I’ve presented PLENTY of ideas that have worked over the past few weeks. 5) If I sound defensive, I am not at all. I’m simply trying to stress the point that the market is never easy, and we all have to do our best to navigate through it, especially when volatility and uncertainty arise.

From here, remember the main guidelines during power trends: 1) Use the 21-day as your guide. In other words, if we are extended from this level, don’t be surprised to see minor pullbacks through price or through time. 2) Expose yourself to strong stocks and ETFs. Between the Focus List and the other stocks, there are plenty of ideas in these videos. 3) Get strong entry points near the 21-day and 50-day moving averages. 4) Manage your trades as best as possible based on your timeframe, risk tolerance, and overall investment plan. I can give guidelines, but ultimately, you need to decide what position sizes to use, the number of positions to own, when to take profits, and where to set your stop losses. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
5/14/25 S&P 500 ETF (SPY) block 2500 March 2026 $535 puts sold to open 17.95
5/14/25 Nasdaq 100 ETF (QQQ) 6000 June $540 calls sell to open $4.70
5/14/25 Nasdaq 100 ETF (QQQ) also buyer of 5000 August 29th $570 calls at $5.58 as the May 30th $525 calls adjust
5/14/25 Russell 2000 ETF (IWM) opening sales of 1200 August $189 puts for $2.91 bids
5/14/25 Bitcoin ETF (IBIT) 3000 Oct 31st $44 puts sell to open at $2.10 as the June $44 short puts adjust
5/14/25 Bitcoin ETF (IBIT) sweep buyers 2000 June 13th (W) $60 calls
5/14/25 Bitcoin ETF (IBIT) also 3000 June 6th (W) $55 calls bought
5/14/25 Semiconductors ETF (SMH) 2200 Sept $195 puts selling to open 3.60 bids
5/14/25 Tesla (TSLA) June 6th (W) $400 calls with size lot buyers $5.45 and higher trading 8500X
5/14/25 Tesla (TSLA) buyer 34,000 August $380 calls $31.95 as the $290 calls adjust
5/14/25 Roblox (RBLX) another 6500 June $80 calls bought $3.39
5/14/25 Roblox (RBLX) 3000 June 27th (W) $77 calls buying $5.50
5/14/25 Uber (UBER) buyers of 1800 August $105 calls at $2.67 to $2.87
5/14/25 Sea ADR (SE) buyer 400 Jan $165 calls $23.75 offer
5/14/25 Disney (DIS) 1470 Jan 2027 $100 calls buy 25.60 offers
5/14/25 Carvana (CVNA) 675 Jan $410 calls bought $31.20
5/14/25 Chipotle (CMG) offer sweep buys 6000 Sept $50 calls $5.90
5/14/25 Williams Cos (WMB) 9000 June 27th (W) $53 puts sold to open
5/14/25 Robinhood Markets (HOOD) buyer 2000 June 2026 $95 max strike calls $8.15
5/14/25 Eli Lilly (LLY) 750 June 27th (W) $650 puts sell to open 7.05
5/14/25 Rocket Lab (RKLB) buyers of 4700 July $31 calls at $0.64 offers
5/14/25 Rocket Lab (RKLB) also seeing 1800 Oct $40 calls bought at $1.34 offer
5/14/25 AST SpaceMobile (ASTS) aggressive buy 1350 March $45 calls $4.80
5/14/25 BlackSky Technology (BKSY) 1000 August $12.50 puts sell to open 1.95 bid on wide spread
5/14/25 Joby Aviation (JOBY) 2500 January $9 calls buy $1.05
5/14/25 Raytheon (RTX) September $110 calls buying 8250X at $21.88 as May 105 adjust
5/14/25 Boeing (BA) June 2026 $280/$320 call ratios opening 1750X3500
5/14/25 Boeing (BA) large opening sales of 1750 June 2026 $210 puts at $26.40 to $26.25
5/14/25 Honeywell (HON) 1180 March $280 way OTM calls bought for $2.55
5/14/25 Nvidia (NVDA) large adjustment sees 60,000 July $125 calls bought at $14.75 as the $105 calls adjust
5/14/25 Nvidia (NVDA) sees 4000 June 6th $132 puts sell to open at $6.35 as the $115 short puts adjust
5/14/25 Microsoft (MSFT) buyer 10,000 Dec $485 calls $20.10
5/14/25 Arm Holdings (ARM) 1000 Sept $170 calls buying $5.80 to $6.20
5/14/25 Arm Holdings (ARM) 2000 June 2027 $130 calls buy for $10M
5/14/25 Arm Holdings (ARM)also 3000 Sept $155 calls bought $9.50
5/14/25 Arm Holdings (ARM) late day buyers of 7000 June $170 calls for $1.15 to $1.25
5/14/25 Vertiv (VRT) buyer 500 August $120 calls $8.70
5/14/25 Salesforce (CRM) buyers of 600 Sept $360 calls at $5.65 offers
5/14/25 Amazon (AMZN) buyer 34,000 August $200 calls as the $180 calls adjust
5/14/25 Meta (META) buyer 400 Oct $680 calls $53.20
5/14/25 Atlassian (TEAM) with 750 July $200 puts sell to open at $5.30 to $5.20
5/14/25 Palantir (PLTR) 3000 Sept $130 short puts open as $100 strike adjusts
5/14/25 IonQ (IONQ) buyers of 2950 August $47 calls at $2.99 offers
5/14/25 Astera Labs (ALAB) bull flow all week seeing 1250 September $75 ITM calls bought for $2.95M
5/14/25 ServiceNow (NOW) buyer 500 August $1200 calls 20.10 to 20.40
5/14/25 Oklo (OKLO) 1000 August $33 puts sold to open $4.90
5/13/25 Nasdaq 100 ETF (QQQ) with 3000 June $535/$505 bull risk reversals open at $1.77 credit
5/13/25 Bitcoin ETF (IBIT) buyer of 11,700 Sept $65 calls at $5.20 as the $53/$60 call spreads adjust
5/13/25 Financials ETF (XLF) 7500 July $49 puts sell to open $0.73
5/13/25 Utility ETF (XLU) 1000 Dec 2027 $75 puts sell to open 4.65
5/13/25 Costco (COST) buyers of 5800 May 23rd $1080 calls at $1.20 to $1.40
5/13/25 AppLovin (APP) 1200 June $400 calls bought near $17.50
5/13/25 AppLovin (APP) also buyers of 520 July $400 calls at $27 to $28.60
5/13/25 Uber (UBER) seeing 1000 OTM Nov $115 calls buy $3.70 offer
5/13/25 Uber (UBER) 750 Oct $77.5 short puts $3.70 bid
5/13/25 Uber (UBER) 550 June 2026 $90 puts sell to open 12.75
5/13/25 EQT (EQT) buyers of 7500 June 27th $58/$63 call spreads for $1.32, adjusts the May 23rd spreads
5/13/25 EQT (EQT) also a block of 6000 Sept $60 calls buy at $3.40 as the $55 calls adjust
5/13/25 Sezzle (SEZL) 1300 July $110 calls sell to open 9.20
5/13/25 MasterCard (MA) another $10M buy of June 2027 calls at $570 strike
5/13/25 Capital One (COF) buyers 1500 August 220/240 call ratio spreads 1X2
5/13/25 Vertex Pharma (VRTX) another $10M June 2027 call buy with 979 of the $440 calls
5/13/25 Archer Aviation (ACHR) buyers of 1800 Oct $15 calls
5/13/25 GE Vernova (GEV) June $440 calls rolls to $460 strike 1300X
5/13/25 Palantir (PLTR) buyers of 1000 June 13th $118 calls at $11.10 as June 6th $116 calls adjust
5/13/25 Palantir (PLTR) 3500 June $125 puts being sold to open 8.85 to 8.50
5/13/25 Palantir (PLTR) also seeing 6500 June $130 puts sell to open $11 to $10.10
5/13/25 Nvidia (NVDA) buyer 2000 November $175 calls $4.75 offer
5/13/25 Nvidia (NVDA) also buyer of 1200 June 2027 $175 calls at $23.60
5/13/25 Google (GOOGL) now 2990 June 2027 $160 calls buy $33.45
5/13/25 Google (GOOGL) 2500 June 2026 160/205 call spreads bought
5/13/25 Google (GOOGL) 4250 Nov $190 calls bought $4.75 to $4.95
5/13/25 Microsoft (MSFT) 1000 June $445 puts sell to open 8.85
5/13/25 Microsoft (MSFT) also buyers of 4400 June $465 calls buy at $4.40 offer
5/13/25 Nutanix (NTNX) buyer 3000 June $90 calls as $85 strike adjusts higher, reports 5-28
5/13/25 Twilio (TWLO) 1500 May 30th (W) $115 calls bought $3 offer sweeps
5/13/25 Cloudflare (NET) 2250 June $165 calls bought 2.78
5/13/25 Cloudflare (NET) buyers of 1300 June $155 calls at $6.10 to $6.25
5/13/25 Dell (DELL) buyer 500 Nov $130 calls $6.70
5/13/25 Taiwan Semi (TSM) 1200 Oct $220 calls bought $9.40 offers
5/13/25 Taiwan Semi (TSM) also 43,000 August $180 calls bought $23.10 as the $160 adjusted
5/13/25 Celestica (CLS) buyer 1500 June $115 calls $6.40 as June 110 adjust higher
5/13/25 Vistra (VST) buyer 1000 July $185 calls $3.55 offer
5/12/25 Nasdaq 100 ETF (QQQ) 1600 July $520/$515 bullish risk reversals open at $7.25 credit
5/12/25 Nasdaq 100 ETF (QQQ) also buyer 1000 June $515/$545 call spreads at $8.49
5/12/25 S&P 500 ETF (SPY) with 2100 August $575 puts sell to open $17.30 as the $560 short puts adjust
5/12/25 Bitcoin ETF (IBIT) buyer 1000 ITM Dec $55 calls $12.10
5/12/25 Bitcoin ETF (IBIT) spread bought 4500 June 2026 $70/$90 call spreads at $4.30
5/12/25 Ethereum ETF (FETH) rare action in the newer ETF sees buyers of 1100 June $28 calls at $1.65
5/12/25 Teck ETF (XLK) 2900 September $215 puts sell to open $8.35 to $8
5/12/25 Ultra Nasdaq ETF (TQQQ) buyer of 1700 June 27th $70 calls at $3.25
5/12/25 Semi’s Bull 3x ETF (SOXL) buyers of 7500 June $17 calls at $2 to $2.13
5/12/25 Tesla (TSLA) seeing buyers of 2500 June 6th $370 calls at $4.90 offer
5/12/25 Tesla (TSLA) buyer 10,000 July $320 calls adjusting May $280 calls
5/12/25 Philip Morris (PM) opening sales of 3700 July $170 calls for $3.30 to $3.24
5/12/25 Philip Morris (PM) also 1000 Jan $135 puts sold to open $3.70
5/12/25 Polaris (PII) sweep buys 1000 Jan $45 calls $6.40 offer looking to add to recent buys
5/12/25 ON Holding (ONON) buyer 2000 January $67.50 calls $2.58
5/12/25 Lyft (LYFT) 2550 September $15 puts sell to open $1.39
5/12/25 Uber (UBER) buyer 1000 OTM Nov $110 calls $3.15 offer
5/12/25 Uber (UBER) also 1000 Nov $105 calls bought $4.10
5/12/25 Applovin (APP) opening sales of 500 August $330 puts at $42.50 bids
5/12/25 Disney (DIS) 600 Oct $105 puts sell to open $4.65
5/12/25 Conoco (COP) 10K August $105 calls sold to open 1.29
5/12/25 Schwab (SCHW) 5,925 June 2027 $85 calls bought $17
5/12/25 Mastercard (MA) large buyers of 990 June 2027 $570 calls at $99.50 to $101.10, adding to June 2027 call flows
5/12/25 Visa (V) buyer of 395 Sept $335 calls at $33.94 as the June $325 calls adjust
5/12/25 Robinhood Markets (HOOD) 1500 May 30th (W) $57 calls bought $3.40
5/12/25 Robinhood Markets (HOOD) buyer 2000 Nov $75 calls $5.89
5/12/25 MicroStrategy (MSTR) 850 Sept $415 calls bought $83
5/12/25 MicroStrategy (MSTR) also 425 June 13th (W) $390 calls bought
5/12/25 Coinbase (COIN) opening sale of 2000 July $195 puts at $13.78
5/12/25 Eli Lilly (LLY) buyers of 7500 June $850/$960 call spreads at $5
5/12/25 Woodward (WWD) 1000 June $210 calls bought as lower strike calls adjust up
5/12/25 Deere (DE) 500 September $530 calls open as June $500 adjust
5/12/25 GE Vernova (GEV) 1270 June $440 calls opening $15.60 as some 420/480 spreads adjust
5/12/25 GE Vernova (GEV) 1150 August $300 puts sell to open $5.40 to $5.30
5/12/25 CoreWeave (CRWV) massive opening sales of 1000 Jan 2027 $42.50 puts at $14.70 bids
5/12/25 CoreWeave (CRWV) also 1750 June $65 calls buying up to $4.20, reports 5-14 and should be wild
5/12/25 Okta (OKTA) 970 August $115 puts sell to open $8
5/12/25 Okta (OKTA) also 600 Nov $165 calls bought $4.10
5/12/25 Marvell Tech (MRVL) 7500 Sept $85 calls sold to open 2.48
5/12/25 Coherent (COHR) buyer of 900 June 6th $77 calls at $4.53
5/12/25 Google (GOOGL) large opening sellers of 3500 Dec 2026 $190 calls at $15.90
5/12/25 Apple (AAPL) buyer 500 Sept 2026 $250 calls $15.90
5/12/25 NRG Energy (NRG) buyer 700 Sept $160 calls $6.70 to $6.80
5/12/25 NRG Energy (NRG) opening sale of 1000 June $130 puts at $2.35
5/12/25 Vistra (VST) opening sale 2000 July $135 puts for $8.10 as $125 short puts adjust