Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 6:05 FOCUS LIST: NVDA, META, NFLX, SPOT, PLTR, GEV, RKLB, UBER
4) 11:25 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), KTOS, GE, PL, ATRO
5) 12:50 Stock Review – Software: IGV (ETF), MSFT, ORCL, NBIS, VEEV, APP, NET, U, DOCS
6) 14:35 Stock Review – Semiconductors: SMH (ETF), TSM, AVGO, KLAC, LRCX, CLS, SANM, JBL, FN, AMSC, CRDO, ALAB, ANET, LASR, LITE, WDC
7) 17:05 Stock Review – Energy/Data Center related: VST, CEG, VRT, NRG, WWD, POWL, BE, MOD, OKLO, SMR, NNE
8) 19:25 Stock Review – Others/General Ideas/Commentary: TSLA, EQT, BROS, HNGE, Z, RIGL, TARS, MRUS, GH, LQDA, SHOP, DASH, RBLX, HOOD, SOFI, RDDT, MP, METC, AREC, USAR, REMX (ETF), IBIT
9) 25:20 Conclusion/Summary

Market Summary:
I’m doing my best to keep things simple. Longer-term, we are still in a strong bull market powered by the growth in AI. Shorter-term, I am still expecting a range/consolidation. Conclusion: Know your timeframe and do what works for you. For me, I’m comfortable with my investment levels (approximately 50% invested) while waiting for better entry points. As I’ve mentioned in recent videos, I’m noticing some great relative strength, but I would like to give more time for bases to complete and to provide safer entry points.

As you know, I like to look at the positives and the negatives and always be open-minded with my approach. There are many positives right now: 1) The recent pullback in the Nasdaq Composite occurred on below average volume; telling me there wasn’t any heavy selling from the big institutions. 2) The Nasdaq Composite, the Nasdaq 100, and many leading stocks (NVDA, META, CLS, GEV, RKLB) bounced off their 10-week moving averages last week; showing institutional support at that key level. 3) The constant sector rotation is a healthy sign of a bull market. Negatives: 1) The current and upcoming weaker seasonality. 2) The S&P 500 hasn’t visited its 50-day in a while. Again, stay focused on your overall plan and know your timeframe. Thank you and good luck for the remainder of the week.

Unusual Options Activity:
8/27/25 Nasdaq 100 ETF (QQQ) stock replacement opens 29,000 Sep. 12th (W) $590/$550 bull r/r for a credit of $0.70
8/27/25 Energy ETF (XLE) buyer 5000 March $95 calls $3.02 and sells the $80 puts $2.32 in risk reversals
8/27/25 Generative AI & Technology ETF (CHAT) large buyers of 1500 March $53 calls ITM calls for $5.45 to $5.75
8/27/25 Tesla (TSLA) buyers of Feb $560 calls $12.48 up to $12.85 with 2000X trading
8/27/25 Domino’s Pizza (DPZ) opening sales of 550 Sept $440 puts at $5
8/27/25 Roblox (RBLX) buyer 1000 Nov $140 calls $8.44 to $8.45
8/27/25 Las Vegas Sands (LVS) March $55/$45 bull risk reversals traded 2000X for $5.26
8/27/25 Best Buy (BBY) 2000 Jan $70 puts sell to open $5.10
8/27/25 Airbnb (ABNB) opening seller 250 Dec 2027 $105 puts for 11.85
8/27/25 Airbnb (ABNB) also 3500 Jan $105 puts sold to open 2.09
8/27/25 Bloom Energy (BE) seeing 1700 Jan 2027 $70 calls buying at $12.24 as the $50 calls adjust
8/27/25 Bloom Energy (BE) buyers in Oct $55 calls 4000X looking to add to OI
8/27/25 Bloom Energy (BE) 200 June $55 puts sold to open for 15.80
8/27/25 Chevron (CVX) 2500 Dec $155 puts sell to open for 5.16
8/27/25 Occidental (OXY) opening sale 800 Sept 2026 $42.5 puts for 3.40
8/27/25 Coinbase (COIN) 5000 Dec $400/$500 call spreads buy $9.97
8/27/25 Visa (V) 400 June 2027 $380 ITM puts sell to open at $47.50, nearly $2M
8/27/25 Blackrock (BLK) Jan $950 short puts look to adjust to the $940 strike 1350X
8/27/25 Insmed (INSM) with 1800 January $165 calls sold to open 5.10 to 4.60
8/27/25 Protagonist Therapeutics (PTGX) seeing 400 Oct $55 calls buy $5.10 to $5.30
8/27/25 GE Vernova (GEV) 100 Jan 2027 $560 puts sell to open $88
8/27/25 Rocket Lab (RKLB) 2000 Oct $42 calls bought near $7.90 as Sept 35 adjust
8/27/25 Kratos Defense (KTOS) stock replacement sold to open 280 Feb $85 ITM puts at $22.53
8/27/25 CoreWeave (CRWV) sees a buyer of 525 Dec 2027 $130 calls for $1.95M
8/27/25 Google (GOOGL) opening sale 1000 Feb $180 puts for 6.16
8/27/25 Google (GOOG) 1000 Nov $185 short puts opening $3.90 to $4.05
8/27/25 Nebius Group (NBIS) opening sellers of 350 June $75 ITM puts at $21.20
8/27/25 Fortinet (FTNT) 500 Jan 2027 $75 puts sell to open $10.85
8/27/25 Astera Labs (ALAB) the Sept $145 calls start adjusting out to buy 1000 Feb $185 calls at $36.50
8/27/25 Okta (OKTA) 1400 Dec 2027 47.50 puts sold to open 3.35
8/27/25 Meta (META) buyers of 1300 Sept 26th $750 calls at $22.65 to $23.50
8/27/25 Vistra (VST) opening sellers of 1600 Sept 5th $195 puts at $5.75 to $5.60
8/26/25 Nasdaq 100 ETF (QQQ) 1000 Sept 2026 $615 calls bought for $34.80 to $35.01
8/26/25 Bitcoin ETF (IBIT) opening sales of 3000 Jan $65 ITM puts at $7.50
8/26/25 Ethereum ETF (ETHA) 3300 Jan $50 calls bought $2.40 to $2.77 in large lots
8/26/25 Ethereum ETF (ETHA) large buys of 3500x Nov $35 calls at $4.90 to $5.05
8/26/25 Ethereum ETF (ETHA) 1100 March $35 calls seeing buyers for near 1000x at $8
8/26/25 China ETF (FXI) 8000 Oct $39 short puts trade 1.06
8/26/25 China Internet ETF (KWEB) large buyer of 30,000 Feb $40/$50 call spreads at $2.15
8/26/25 China Internet ETF (KWEB) also 24,000 Feb $32 puts sell to open $0.70 to $0.65
8/26/25 South Korea ETF (EWY) 2500 Sept $73 calls buy at $1.70 and sells the $72 puts at $1.50 in bull r/r
8/26/25 Biotech ETF (XBI) buyer of 2125 Dec $97/$107 call spreads at $1.99
8/26/25 Regional Banks ETF (KRE) seeing offer sweeps in Dec $69 calls 2475X
8/26/25 Tesla (TSLA) 13,000 March 700 calls sold 7.15 bids
8/26/25 Walmart (WMT) 5400 Oct 3rd (W) $91 puts sell to open $0.74
8/26/25 Target (TGT) 5600 Oct 3rd (W) $87 short puts open 0.71, similar to WMT
8/26/25 Celsius Holdings (CELH) buyer 500 March $67.50 calls $6.30 offer
8/26/25 CAVA Group (CAVA) 8775 Oct 3rd (W) $55 puts sell to open $0.50
8/26/25 Unity Software (U) with 1500 Oct $44 calls bought $3.40
8/26/25 AppLovin (APP) buyer 500 Sept $475 calls at $20.88
8/26/25 EQT (EQT) 5400 Sept 12th $55 puts sell to open $4.00 as the weekly short puts adjust
8/26/25 SoFi (SOFI) seeing large stock replacements sell to open 11,000 Dec $26 puts at $3.60 bids
8/26/25 Robinhood (HOOD) buyers of 2000 Sept 5th $108 calls at $4.80 offers
8/26/25 Citigroup (C) seeing 2000 July 2026 $85 puts sell to open $5.25 to $5.20
8/26/25 Novo Nordisk (NVO) opening sale of 4300 Jan $67.50 calls at $2.64
8/26/25 Eli Lilly (LLY) opening seller 600 March $900 calls 23.50
8/26/25 GE Vernova (GEV) 1500 Oct $490 puts sell to open $5.93
8/26/25 Rockwell Automation (ROK) buyer Oct. $360 calls buy $10.40 for 300X
8/26/25 Rocket Lab (RKLB) sees 1000 April $70 calls bought at $7.70 to $7.85 in large lots
8/26/25 Bloom Energy (BE) buyer 1500 Sept $52 calls $3.90 offer
8/26/25 USA Rare Earth (USAR) sees 1000 Sept $16 puts sell to open 1.60
8/26/25 Broadcom (AVGO) buyer of 500 May $280 calls for $54.90 offer
8/26/25 Qualcomm (QCOM) opening seller of 1650 March $165 calls at $12.95
8/26/25 Tower Semi (TSEM) 1800 Oct $60 calls buy $3.40 to $3.70
8/26/25 Nvidia (NVDA) 1300 Oct 3rd $180 puts sell to open $9.55 to $9.40
8/26/25 Nvidia (NVDA) 1400 Oct 3rd (W) $175 short puts open 6.65
8/26/25 Nvidia 2x Long ETF (NVDL) sees 1200 Oct $90 calls buying at $10.95 to $11
8/26/25 HP Enterprise (HPE) 1200 Oct $21 calls bought 2.35 to 2.37
8/26/25 Taiwan Semi (TSM) stock replacement sold 1000 Sept 2026 $200 puts at $14.50
8/26/25 Baidu (BIDU) buyer 2000 Jan 2027 $150 calls $5.35 to $5.40
8/26/25 Zoom (ZM) buyer 500 March $87.50 calls $4.90 offer
8/26/25 Okta (OKTA) buyer 300 Dec 2027 $90 calls for $850K
8/26/25 Vistra (VST) large buyers of 2400 Dec $200 calls at $20.10 to $20.40
8/26/25 Nano Nuclear (NNE) 3500 Oct $32 calls being bought $3.50 to $3.80
8/25/25 Bitcoin ETF (IBIT) 20,000 Sept 30th $65 calls buying $2.10 as the Sept 12th $63 calls adjust]
8/25/25 Bitcoin ETF (IBIT) also 5250 Sept $63 calls buy at $3.10 to $3.15 as the $70 calls adjust
8/25/25 Ethereum ETF (ETHA) dip buyer for 2000 Oct $29/$42 call spreads at $2.37
8/25/25 Software ETF (IGV) 2000 Sept $107.50 calls sell to open $2.30 bids
8/25/25 Nasdaq 100 ETF (QQQ) buyer of 4200 Sept 30th $594 calls at $2.97 to $3 offer sweeps
8/25/25 Russell 2000 ETF (IWM) seller of 2250 Sept $233 puts at $4.57
8/25/25 Healthcare ETF (XLV) buyer 4000 Oct $141 calls 1.21
8/25/25 Tech ETF (XLK) 1500 March $210 short puts open 3.50
8/25/25 Emerging Markets ETF (EEM) 15,000 Dec $51 short puts opening 1.71
8/25/25 Tesla (TSLA) 1250 Dec 2027 $260 puts selling to open at $51.20
8/25/25 Tesla (TSLA) also seeing over 4400 Sept 26th $330 puts sell to open at $12.35 to $12.20
8/25/25 Tesla (TSLA) buyers of 1400 Feb $550 calls at $12.29 to $12.50 offers
8/25/25 Roblox (RBLX) sees 1000 Sep 12th (W) 125/140 call spreads buy
8/25/25 Walmart (WMT) opening sales of 3300 March $90 puts at $3.17 as the large Dec short puts adjust
8/25/25 Celsius Holdings (CELH) buyer 450 March $67.50 calls $6.95
8/25/25 Wayfair (W) buyer 2000 Oct $87.50 calls $1.76
8/25/25 McDonalds (MCD) 300 May $290 puts sell to open $9.35
8/25/25 AppLovin (APP) 2000 Oct $460 calls bought at $36.90 to $37.55 as Nov $400 calls adjust
8/25/25 Robinhood (HOOD) buyer of 1300 Oct 3rd $113 calls for $7.01 as the Sept 5th $113 calls adjust
8/25/25 Circle (CRCL) buyer of 1000 Nov $135/$105 put spreads at $18
8/25/25 J&J (JNJ) buyers of 540 Nov $165 deep ITM calls at $15.85 as some Oct calls adjust
8/25/25 CVS Health (CVS) buyer 6000 Oct $72.5 calls $2.38
8/25/25 Tempus AI (TEM) 1000 April 2026 way OTM $110 calls bought $11.15 to open
8/25/25 Insmed (INSM) buyer of 2500 Oct $145 calls at $4.19 as the Nov $125 calls adjust
8/25/25 AbbVie (ABBV) 300 Sept 2026 $185 short puts open $10.30 to $10.25
8/25/25 AbbVie (ABBV) also 200 Jan 2027 $210 puts sell to open $23
8/25/25 ACADIA Pharma (ACAD) buyer of 945 Oct $25 calls at $2.50 as Dec $20 calls adjust
8/25/25 Harmony Biosciences (HRMY) with 850 Oct $40/$50 call spreads bought $2.90
8/25/25 MP Materials (MP) 500 Jan $80 puts sold to open $17.20
8/25/25 Oracle (ORCL) buyer of 1500 Nov $195/$290 call spreads at $42.65, odd wide bull spreads
8/25/25 Nebius Group (NBIS) buyer 1300 max strike March $110 calls $6.50
8/25/25 Nvidia (NVDA) opening seller in Oct 3rd (W) $170 puts 700X at $6.40
8/25/25 Celestica (CLS) 600 Oct $200 calls are bought $14.48
8/25/25 Celestica (CLS) buyer of 430 Oct $190/$210 call spreads at $8.76, adjusting strikes up from $180/220
8/25/25 IBM (IBM) 1000 Oct $225 puts sell to open $2.58
8/25/25 Astera Labs (ALAB) notable put sale with 650 Oct $160 sold to open $10.70
8/25/25 Constellation Energy (CEG) size opening sale 500 Sept 2026 $360 deep ITM puts to open $78