Topics covered:
1) 0:00 Announcements
2) 0:55 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 6:50 FOCUS LIST: NVDA, META, NFLX, SPOT, PLTR, GEV, RKLB, UBER, Z
4) 10:55 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), KTOS, GE, PL, KRMN, HWM, CW, FTAI
5) 12:40 Stock Review – Software: IGV (ETF), MSFT, ORCL, NBIS, APP, SNOW, NET, U, DOCS, CRWV
6) 14:20 Stock Review – Semiconductors: SMH (ETF), TSM, AVGO, LRCX, KLAC, MU, AEIS, SMTC, ARM, CLS, SANM, FN, AMSC, TTMI, CRDO, ALAB, ANET, LASR, LITE
7) 19:35 Stock Review – Energy/Data Center related: VST, CEG, VRT, NRG, WWD, POWL, WLDN, BE, MOD, SNDK, NTAP, OKLO, SMR, NNE
8) 22:00 Stock Review – Others/General Ideas/Commentary: TSLA, GOOGL, HNGE, IONQ, RGTI, QBTS, TEM, MRUS, TKO, SHOP, DASH, RBLX, HOOD, SOFI, RDDT, VSAT, MP, METC, AREC, REMX (ETF), SKYE, IBIT, ETHE
9) 28:05 Stocks Near Buyable Ranges: META, VRT, SHOP, WLDN
10) 30:20 Conclusion/Summary

Market Summary:
Over the past 6-8 weeks (from approximately mid-July to early September), growth stocks corrected and consolidated while the overall market held up very well due to sector rotation. On Monday and Tuesday of last week, there was very strong price action in growth stocks and that led me to increase my investment levels for the reasons I explained in the Market Note to Members dated 9/9/25.

From here, I’m going to stick to my 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 and/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. If you have any questions, you can ask them during the next LIVE webinar which will be this Thursday, September 18th at 8AM EST. Thank you and good luck for the rest of the week.

Unusual Options Activity:
9/17/25 Nasdaq 100 ETF (QQQ) 2000 March $585 puts sold for $5M premium
9/17/25 S&P 500 ETF (SPY) 2000 June 30th $550 puts sell to open $10.85 as the Dec 2026 $580 short puts adjust
9/17/25 Semiconductors ETF (SMH) sees 1250 Oct 10th $310 calls buying at $6.75 as Sept $305 calls adjust
9/17/25 Gold ETF (GLD) buyer 8500 October $343/$353 call spreads
9/17/25 Gold ETF (GLD) 2250 Oct 3rd (W) $338 calls buying for $1.3M
9/17/25 Regional Banks ETF (KRE) 1950 Dec $66 puts sold to open $4.15
9/17/25 S&P Equal Weight ETF (RSP) 20K Oct $194 calls bought
9/17/25 Retail ETF (XRT) 5000 Nov $82 puts sold to open 1.50
9/17/25 Lyft (LYFT) buyer 3000 Oct $25 calls $0.86
9/17/25 Lyft (LYFT) opening sales of 3300 Dec $18 puts at $0.95 to $0.88
9/17/25 AppLovin (APP) buyer of 1300 Nov $620 calls at $65.35 as the $560 calls adjust
9/17/25 Expedia (EXPE) buyers of 350 Sept 2026 $240 calls at $32.05
9/17/25 Bloom Energy (BE) buyer 500 Jan 2027 $85/$110 call spreads
9/17/25 Bloom Energy (BE) opening seller of 1500 Jan 2027 $100 ITM puts at $41.80
9/17/25 EQT (EQT) buyer of 500 Jan 2028 $45 ITM calls for $14.35 to $14.55
9/17/25 BitMine (BMNR) 950 June $55 calls buy at $23.53 as some Jan 2027 $105 calls adjust
9/17/25 BitMine (BMNR) opening seller of 1100 Nov $60 ITM puts at $15.15
9/17/25 IREN (IREN) opening sellers of 5000 Nov $36 puts at $5.86 to $5.75, continued theme of bullish put sales
9/17/25 Visa (V) 750 Nov $330 puts sold to open 7.60
9/17/25 Eli Lilly (LLY) buyer of 400 Sept 2026 $600 ITM calls at $209 to $213, over $8M
9/17/25 Tempus AI (TEM) 500 June $85 puts sell to open for $1M premium
9/17/25 ACADIA Pharma (ACAD) buyer of 5200 Nov $26/$35 call spreads at $2.50
9/17/25 Vertiv (VRT) buyer 1100 Sept 2026 $135 calls for $31
9/17/25 Rocket Lab (RKLB) buyer 1000 April $65 calls $7.45 to $7.70
9/17/25 Nvidia (NVDA) 2000 Oct 31st $160 ITM calls buy at $16 to $16.20
9/17/25 Nvidia (NVDA) 4485 Oct 31st (W) $145 puts sold 1.46 bids to open
9/17/25 Taiwan Semi (TSM) 1000 March $260 short puts opening 22.80
9/17/25 Oracle (ORCL) 2000 Oct 24th (W) $315 calls bought with 1/2 $13.25 and 1/2 at $14
9/17/25 Oracle (ORCL) massive adjustments rolling the 25K Oct $230 calls up to buy 36K Dec $280 ITM calls at $43
9/17/25 D-Wave Quantum (QBTS) buyer 3000 Oct 24th (W) $20.50 calls $1.70
9/17/25 D-Wave Quantum (QBTS) buyers 3000 January 2027 $22 calls $6.80
9/17/25 D-Wave Quantum (QBTS) sees 6600 Jan $23 calls bought $4.05 to $4.35 late day
9/17/25 CoreWeave (CRWV) opening seller 1000 Dec $97.50 puts for $9.50
9/17/25 Google (GOOG) block of 5000 Sept 2026 $250 puts sell to open $28.50, adjusting the Oct $190 short puts
9/17/25 Arm Holdings (ARM) opening sale of 300 April $150 puts for $19.40
9/17/25 CrowdStrike (CRWD) opening seller of 480 Oct 24th $455 ITM puts for $24.30
9/17/25 Arista Networks (ANET) 750 May $125 short puts opening $13.40
9/17/25 Astera Labs (ALAB) buyers of 350 June $340 calls at $42 to $42.50
9/17/25 Astera Labs (ALAB) also buyers of 375 Nov $260 calls for $30.15
9/17/25 Broadcom (AVGO) 5000 Dec $275 short puts open $6.42
9/17/25 Broadcom (AVGO) also buyers 600 Sept 2026 $340 calls at $67.24
9/17/25 Palantir (PLTR) opening seller of 300 Jan 2028 $145 puts at $35.40 bids
9/17/25 Oklo (OKLO) with 1000 March $100/$140 call spreads bought
9/17/25 Oklo (OKLO) with opening sales of 1000 March $75 puts at $11.60
9/17/25 NuScale Power (SMR) buyers of 1500 March $60 calls at $3.35 to $3.45
9/17/25 Vistra (VST) stock replacement sells to open 600 Dec $210 puts at $21.90
9/17/25 EchoStar (SATS) buyer 800 April $70 calls $12.89
9/17/25 EchoStar (SATS) buyers active in Oct $75 calls 5000X
9/16/25 Bitcoin ETF (IBIT) buyers of 4500 Jan 72/81 call spreads
9/16/25 Grayscale Ethereum ETF (ETHE) 3000 Oct 3rd (W) $36 calls bought 2.50
9/16/25 Silver ETF (SLV) 1395 June $35.50 ITM calls bought 5.47 to 5.55
9/16/25 Gold Miners ETF (GDX) 1000 Sept 2026 $58 puts sold to open $3.45
9/16/25 Regional Banks ETF (KRE) stock replacement sells 1000 March $58 puts for $2.53 bids
9/16/25 Tesla (TSLA) 20,000 Nov $415 calls bought $44.60 adjusting up $335 calls
9/16/25 Tesla (TSLA) 2000 Sept 2026 $600 calls adjust to $800 strike
9/16/25 Tesla (TSLA) sees another massive roll buying 11,000 Nov $420 calls at $44.40 as the $340 calls adjust
9/16/25 Uber (UBER) opening sale 1000 Jan 2027 87.50 puts for 9.90
9/16/25 Uber (UBER) 5000 November $105 calls buying 4.15 to 4.20 offers
9/16/25 Lyft (LYFT) 2000 March $22 ITM puts sold to open $4.53
9/16/25 Lyft (LYFT) buyer 10,000 Dec 23/30 call spreads selling the $15 puts
9/16/25 Citigroup (C) 2000 Nov $90 calls bought $11.65 in adjustments
9/16/25 Rocket Cos. (RKT) buyer 3000 Oct 3rd (W) 20/25 call spreads
9/16/25 Visa (V) 300 March $325 calls bought for $1M
9/16/25 JP Morgan (JPM) size buyers of 3000 Nov $310 calls 12.55 to 13
9/16/25 Blackstone (BX) 400 Jan 2027 $185 puts sold to open $24.70
9/16/25 Tempus AI (TEM) opening seller of 400 April $85 puts at $17.40
9/16/25 Rocket Lab (RKLB) 1400 Oct 24th (W) $52 calls open $5.19, adjusting Sept 47 calls
9/16/25 Rocket Lab (RKLB) 1500 Jan 2028 $75 calls with buyers $2.6M
9/16/25 Vertiv (VRT) 7500 Nov $100 short puts open $1.55
9/16/25 USA Rare Earth (USAR) 1K Nov $14 puts sold to open $2.40 to $2.35
9/16/25 USA Rare Earth (USAR) also seeing Oct 31st (W) $10.50 puts sold 3500X
9/16/25 Ramaco Resources (METC) 2000 Oct $22 short puts opening
9/16/25 Meta (META) Oct 810/850 call spread buyer 1000X
9/16/25 Meta (META) seeing buys of 1325 March $770 calls for over $10.5M
9/16/25 Broadcom (AVGO) 23,000 Dec $330 calls bought, $118M position as the $300 calls adjust
9/16/25 Broadcom (AVGO) 2000 Oct 24th (W) $375 calls bought 11.50 to 12.00
9/16/25 Astera Labs (ALAB) max strike and timeframe Jan 2028 $320 calls with 500 buying $85+
9/16/25 Reddit (RDDT) buyer 600 Nov $230 calls for $53.15 as flows remain bullish
9/16/25 IonQ (IONQ) large buyers of 5100 Oct $80 calls at $2.15 to $2.40 in large lots
9/16/25 GDS Holdings ADR (GDS) buyer 2000 Oct $45 OTM calls 1.20 to 1.25 offers
9/15/25 S&P 500 ETF (SPY) buyers of 10,000 Nov 28th $690/$710 call spreads at $3.17
9/15/25 Nasdaq 100 ETF (QQQ) 5000 Dec $630 calls bought $6.95
9/15/25 Ark Innovation ETF (ARKK) 11,375 Nov $80 calls bought $4.75 adjusting Sept 70 calls
9/15/25 China ETF (FXI) large block of 20,000 Nov $43 calls bought at $1.03
9/15/25 Gold Miners ETF (GDX) 1000 Jan 2027 $60 puts sell to open $4.80 bids
9/15/25 Energy ETF (XLE) with 2500 Jan 2027 $96/$80 bull risk reversals opening at $0.38 debits
9/15/25 Financials ETF (XLF) 12,000 Dec 2026 $48 short puts open $1.97
9/15/25 Gold ETF (GLD) buyers in Sept 30th (Q) $336 calls 8500X
9/15/25 Silver ETF (SLV) 5000 Nov $37 puts sold to open 0.90
9/15/25 Altria (MO) buyer 1550 March $60 calls $7.49
9/15/25 Richtech Robotics (RR) surging after last weeks unusual call buyers and sees 2000 March $4 calls buy $1.70
9/15/25 Richtech Robotics (RR) also buyers of 2000 March $5 calls at $1.55 offer sweeps
9/15/25 Roblox (RBLX) seeing 600 March $155 ITM puts sell to open $31.20
9/15/25 Uber (UBER) 1500 Jan 2027 $90 short puts open 10.85
9/15/25 Uber (UBER) buyers of 4200 Nov $110 calls $2.51
9/15/25 Sphere Entertainment (SPHR) opening sales of 2000 Jan 2027 $80 far OTM calls at $11 to $11.10
9/15/25 McDonald’s (MCD) 5000 Nov $275 puts sell to open $2.01 to $1.92
9/15/25 Bloom Energy (BE) 1000 March $60 puts sold to open $12.30
9/15/25 Berkshire Hathaway (BRK/B) buyer of 750 Jan 2028 $560 calls at $48.50 to $49.25
9/15/25 Tempus AI (TEM) 800 max strike June 2026 $135 calls bought in stock replacements
9/15/25 Eli Lilly (LLY) buyer of 200 Sept 2026 $600 deep ITM calls for $200, a large $4M purchase
9/15/25 FTAI Aviation (FTAI) buyer 650 Oct $180 calls $7.25 adjusting Sept 172.5
9/15/25 Modine Manufacturing (MOD) buyer 600 Nov $180 OTM calls $7.20 offer
9/15/25 Mirion Technologies (MIR) 2560 Nov $25 calls being bought aggressively $1.50 offers
9/15/25 Newmont (NEM) asset sale this morning sees 3K January $75 puts sell to open $4.15
9/15/25 Newmont (NEM)also Jan 2027 $90/$105 call spreads buying 1000X
9/15/25 Oracle (ORCL) buyers of over 6000 Sept 26th $300 calls at $11.90 to $12.75
9/15/25 Oracle (ORCL) buyer of 490 April $300 calls at $45 to $47
9/15/25 Google (GOOGL) over 11,000 Dec $330 calls bought at $1.23 to $1.50
9/15/25 Rambus (RMBS) hitting 25 year highs and buyers of 1300 Nov $95 calls at $9 to $11
9/15/25 Seagate (STX) buyer of 550 March $185 calls at $43 as the $170 calls adjust
9/15/25 Seagate (STX) large opening sellers of 3000 Jan 2028 $200 puts for $36 bids
9/15/25 Reddit (RDDT) buyer 300 Dec $200 deep ITM calls at $73.30 to $75.50
9/15/25 Nvidia (NVDA) 3600 August 2026 $165 puts sell to open $18.31
9/15/25 Nvidia (NVDA) buyer of 26,000 Oct 31st $190 calls at $3.58 as the Sept $175 calls adjust
9/15/25 Broadcom (AVGO) buyer 300 April $420 calls $28.60
9/15/25 Amazon (AMZN) Oct 3rd (W) $240 calls hot early with buyers 15,000X
9/15/25 Amazon (AMZN) also 6000 May $260 calls being bought $14.75 to $15.80
9/15/25 Amazon (AMZN) sale 1000 Sept 2026 $250 ITM puts at $33.60 and buys the $260 calls at $21.60 for bull r/r at net credit
9/15/25 Palantir (PLTR) 1050 Sept 2026 $155 puts sold to open $27.11 adjusting Sept 2025
9/15/25 Unity Software (U) 1650 Jan $50 short puts open 6.85 to 6.75
9/15/25 Unity Software (U) 3500 Oct 31st $32 puts sell to open $0.33 bids
9/15/25 Meta (META) 1600 Nov $760 calls bought $52.14 to $52.32 as Sept $750 calls start to adjust
9/15/25 Oklo (OKLO) 1650 March $125 calls bought $9.50 to $9.75
9/15/25 Vistra (VST) 425 Dec $235 calls bought $17.35
9/12/25 Nebius Group (NBIS) buyer of 800 Oct 31st $90 calls at $9.20
9/12/25 Bloom Energy (BE) buyers late in day for over 4700 Nov $70 calls at $10.30
9/12/25 Rocket Lab (RKLB) late day buyers of over 10,000 Oct $55 calls at $3.60 to $4.70
9/12/25 Unity Software (U) buyers into the close for 1250 Nov $44 calls at $5.45 offers

9/15/25 Skye Bio (SKYE) unusual action early as 3000 Dec $7.50 calls buy $1.35 to open, small Biotech, 26-week Phase 2a readout due in late Q3 or early Q4 as major catalyst for Nimacimab, the only weekly SC large molecule CB1 inhibitor in development