Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 17:45 FOCUS LIST: NVDA, META, NFLX, SPOT, PLTR, GEV, RKLB, UBER
4) 21:20 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), KTOS, GE, KRMN
5) 24:00 Stock Review – Software: IGV (ETF), MSFT, ORCL, NBIS, APP, SNOW, RBRK, NET, U, DOCS
6) 27:20 Stock Review – Semiconductors: SMH (ETF), TSM, AVGO, CLS, SANM, FN, AMSC, CRDO, ALAB, ANET, LASR, LITE, CGNX, WDC
7) 31:15 Stock Review – Energy/Data Center related: VST, CEG, VRT, NRG, WWD, POWL, BE, MOD, OKLO, SMR, NNE
8) 33:20 Stock Review: Medical/Biotech: XBI (ETF), IBB (ETF), INSM, MDGL, RIGL, MRUS, TARS, RNA, MLTX, NKTR, EYPT
9) 39:25 Stock Review – Others/General Ideas/Commentary: TSLA, GOOGL, EQT, BROS, HNGE, Z, IONQ, TKO, SHOP, DASH, RBLX, HOOD, SOFI, RDDT, W, VSAT, MP, METC, AREC, USAR, REMX (ETF), IBIT
10) 47:20 Stocks Near Buyable Ranges: NFLX, ALAB, AMSC
11) 50:45 Conclusion/Summary

Market Summary:
This Weekend Video was longer than normal, so I will try to summarize it in a Market Note to Members and email it later this week. Overall, the four main points from recent videos are the same: 1) 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. Know your timeframe and do what works for you. 2) September tends to be a seasonally weak month, so please be open-minded that we could see continued consolidation and possibly higher volatility. 3) While going through my screens, I noticed that many stocks are consolidating near their 50-day moving averages. I prefer to be patient and see how they react around this key institutional support level. 4) Don’t get too bearish because a) We’re not seeing heavy volume selling from the institutions on the index level and b) We just had a 20% correction in Feb/March of this year.

For me, the conclusion is the same. 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. If you have any questions, you can ask them during the next LIVE webinar, which will be this Monday, September 8th at 7PM EST. Thank you and enjoy the rest of your weekend.

Unusual Options Activity:
9/5/25 S&P 500 ETF (SPY) buyer 5000 Sept 30th (W) $665 calls $5.46
9/5/25 S&P 500 ETF (SPY) 2000 Jan 2027 $610 puts sold to open $30.22
9/5/25 Nasdaq 100 ETF (QQQ) trade opened 5000 Dec $620/$555 bull risk reversals for a credit
9/5/25 Russell 200 ETF (IWM) 10,000 Oct $232 puts sold to open $5.44 to $5.38
9/5/25 Industrials ETF (XLI) buyer 50,000 Oct 156/161 call spreads
9/5/25 Junior Silver ETF (SILJ) unusual buys 11,000 Feb $21 calls $1.70 to $1.75
9/5/25 Ethereum ETF (ETHA) buyers of 1650 April $50 calls 3.10 to 3.20
9/5/25 Bitcoin ETF (IBIT) buyer 1000 Oct 10th (W) $58 calls ITM $6.30
9/5/25 Tesla (TSLA) size opening seller 1000 Oct 24th (W) $350 at-the-money puts $27.20 bid
9/5/25 Tesla (TSLA) Nov $400 calls with size lot buys all morning trading 17,500X versus 13,700 in OI
9/5/25 Tesla (TSLA) 1000 June 2027 $320 puts sold to open $70.10
9/5/25 Birkenstock Holding (BIRK) 1150 Jan $42.50 short puts open $1.35 bids
9/5/25 Shopify (SHOP) 625 Sept 2026 $125 short puts opening near $15.10
9/5/25 AppLovin (APP) buyers in Sept 12th (W) $490 calls 2000X and the $500 calls 3000X spreading against higher strikes
9/5/25 Exxon (XOM) size opening seller 350 Dec 2027 $110 puts $14.10
9/5/25 Bloom Energy (BE) seller to open 815 Jan 2027 $37 puts $7.50 bid
9/5/25 Robinhood (HOOD) buyer 1000 Jan 2027 160/170 call spreads
9/5/25 Wells Fargo (WFC) 1100 Dec 2027 $55 short puts open $3.10
9/5/25 Nektar Therapeutics (NKTR) 2000 Nov $35 short puts open $4.20
9/5/25 MoonLake Immunotherapy (MLTX) buyer 500 Nov $75 calls $11
9/5/25 Avidity Biosciences (RNA) seeing around 2000 of the Sept 55 calls bought for $3.50
9/5/25 Avidity Biosciences (RNA) IV still rising to highs into close w/ more Sep call buys
9/5/25 Syndax Pharma (SNDX) sees 4000 Sept 17.5 calls adjust to Oct 20 calls
9/5/25 Quanta Services (PWR) buyer 100 Dec 2026 $380 calls $61
9/5/25 General Dynamics (GD) buyer 256 Jan 2027 $320 calls for $35.99
9/5/25 Arista Networks (ANET) 7000 Nov $160 calls buying as the $140 calls adjust
9/5/25 Broadcom (AVGO) sees massive buy of 14,700 Dec $300 ITM calls for $54.35
9/5/25 SanDisk (SNDK) 3900 Oct $75 calls bought as some of the lower strike calls adjust
9/5/25 Intel (INTC) size opening sale 6650 April $24 puts $2.87
9/5/25 Advanced Micro (AMD) 1350 Sept 2026 $100 short puts open 5.25
9/5/25 Google (GOOG) buyer 1500 January 2027 $230 calls $40 to $41.30
9/5/25 Palantir (PLTR) size buyer in June 2027 $150 calls 3500X for $19.5M
9/5/25 Palantir (PLTR) block of 3375 May $100 puts sold to open $6.65
9/5/25 Bill Holdings (BILL) higher on Activist news sees Oct $47.5 calls exiting and buying $55/$65 call spreads 8000X
9/4/25 Nasdaq 100 ETF (QQQ) 12,860 Oct $555 short puts open $7.44 as Sept 550 adjust
9/4/25 Nasdaq 100 ETF (QQQ) seller of 4000 Sept 2026 $460 puts and buys the $560/$660 call spreads
9/4/25 Regional Banks ETF (KRE) trade opens 20,000 Oct $67/$59 bull risk reversals as Sept $64 calls adjust
9/4/25 China ETF (FXI) 10,000 Jan 2027 $35 puts sell to open 2.62
9/4/25 Homebuilders WTF (XHB) buyer 2500 Dec $125 calls $3.50
9/4/25 Walmart (WMT) size buy 1300 June $97.5 calls for $10.70
9/4/25 Celsius Holdings (CELH) buyer 1300 Nov $62.5 calls for $6.30 offer
9/4/25 Las Vegas Sands (LVS) 1250 Oct $55 calls buy $2.42
9/4/25 Sphere Entertainment (SPHR) buyer 1000 Nov $55 calls $3.10 to $3.20
9/4/25 WingStop (WING) 2250 Sept $270 puts sell to open 1.40
9/4/25 Robinhood (HOOD) 1000 Sept 2026 $160 OTM calls buying $11.70 to $12.10
9/4/25 Nektar Therapeutics (NKTR) recent bull flow and a buy of 500 Feb $35 calls for $9
9/4/25 Nektar Therapeutics (NKTR) 1000 Nov $30 short puts opening $3
9/4/25 Travere Therapeutics (TVTX) unusual buyer 500 Jan $20 calls $4.80 to $4.90
9/4/25 DR Horton (DHI) trade puts on 2480 Nov $185/$155 bull risk reversals
9/4/25 Newmont (NEM) 900 Dec 2026 $60 puts sell to open $4.10
9/4/25 Google (GOOGL) early size buy 2500 May $2150 calls $17.20 offer
9/4/25 Google (GOOG) sale 5000 March $215 puts $12
9/4/25 Alibaba (BABA) 1500 Dec $170/$200 call spreads buying
9/4/25 Western Digital (WDC) 800 April $110 calls buy $4.60 offer
9/4/25 Broadcom (AVGO) spreads sell 2000 Nov $240 puts to buy the $350/$450 call ratios 2000X4000
9/4/25 CoreWeave (CRWV) 5000 Oct $75 puts sell to open 3.65 to 3.60
9/4/25 Micron (MU) large opening sale 1500 Nov $125 puts $12.11