Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000)
3) 7:45 FOCUS LIST: NVDA, META, NFLX, SPOT, PLTR, GEV, RKLB, UBER
4) 9:45 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), KTOS, AVAV, GE, PL, HWM, CW, FTAI, BKSY
5) 12:05 Stock Review – Software: IGV (ETF), MSFT, ORCL, NBIS, APP, SNOW, NET, U, CRWV
6) 14:00 Stock Review – Semiconductors: SMH (ETF), TSM, AVGO, LRCX, KLAC, MU, STX, WDC, SNDK, PSTG, NTAP, AEIS, SMTC, TSEM, CLS, SANM, FN, JBL, AMSC, TTMI, CRDO, ALAB, ANET, LASR, LITE
7) 19:55 Stock Review – Energy/Data Center related: VST, CEG, VRT, NRG, WWD, POWL, LEU, BE, MOD
8) 22:40 Stock Review – Others/General Ideas/Commentary: MRUS, MLTX, ZURA, AVTX, Z, TSLA, GOOGL, IONQ, RGTI, QBTS, QUBT, ARQQ, TEM, TARS, NKTR, ZBIO, CGON, MEDP, TKO, SHOP, DASH, CVNA, RBLX, HOOD, SOFI, CAMT, MP, METC, AREC, REMX (ETF), SKYE, IBIT, ETHE
9) 32:00 Stocks Near Buyable Ranges: MSFT, AMSC, ANET, AVGO, SHOP, GE
10) 34:00 Conclusion/Summary
Market Summary:
In this video, I remind members that 90% of what I use to judge the health of the market is the price action of stocks. I look for strong fundamental companies breaking out of strong technicals bases. I want to see them hold their breakouts and the broader the rally the better. It’s what I’ve been doing for almost 30 years and it’s really helped me the shut out the noise and focus on what the market is actually doing. Remember the phrase: Don’t focus on what you THINK the market should be doing, focus on what it is ACTUALLY doing.
I’m doing my best to keep things simple and 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. Thank you and good luck for the remainder of the week.
Unusual Options Activity:
10/1/25 Nasdaq 100 ETF (QQQ) sale of 6000 Feb $575 puts at $17.45 as $510 short puts adjust
10/1/25 Healthcare ETF (XLV) 7000 Jan $150 calls being bought
10/1/25 Silver Miners ETF (SIL) buyers of 2000 Nov $65 ITM calls at $9.15 to $9.75
10/1/25 Gold ETF (GLD) 3000 Nov $357 calls buy at $10.10 as Oct $352 calls adjust
10/1/25 Tesla (TSLA) 18,000 March $870/$880 call spreads bought, adjusting some Jan 2027 spreads
10/1/25 Tesla (TSLA) buyers of 1700 Jan 2028 $850 calls at $82.40 to $83.75 for over $15M
10/1/25 Tesla (TSLA) large lots buying 2400 April $550 calls at $48 to $50.45
10/1/25 Tesla (TSLA) 1850 Jan 2028 $740/$800 call spreads buy at $8.85
10/1/25 Tesla (TSLA) 2000 Oct 31st (W) $430 puts being sold to open $23.60 to $23.30
10/1/25 Tesla (TSLA) buyers of 1000 April $880 max strike calls at $12.80 to $12.95 offers
10/1/25 Walmart (WMT) 9850 Nov $92.5 short puts opening $0.96
10/1/25 Netflix (NFLX) buyers of 1425 Nov $1200 calls for over $8.5M
10/1/25 Costco (COST) buyer of 550 March $920 calls at $63.50
10/1/25 JD.com (JD) buyer 2000 Jan $31 calls $6.85 to $6.95
10/1/25 Sphere Entertainment (SPHR) 500 Nov $62.5 puts sold to open $6.10
10/1/25 Grab Holdings (GRAB) 15,000 Jan $5.50 short puts open $0.35
10/1/25 Chevron (CVX) opening sale 1100 June $155 puts at $12.20 as March adjust
10/1/25 Bloom Energy (BE) 500 March $55 puts sell to open $7.60
10/1/25 Bloom Energy (BE) also 500 June $55 puts sold for $10.40
10/1/25 Robinhood (HOOD) large buy of 1500 Jan $135 ITM calls at $24.60
10/1/25 Robinhood (HOOD) buyer of 550 Jan 2028 $200 calls at $37.22 as June $130 calls start to adjust
10/1/25 Citigroup (C) buyer 1000 Jan 2027 $150 calls at $1.91 as the May $120 calls adjust
10/1/25 Rocket Cos. (RKT) 1050 Nov $21 ITM puts sell to open $2.64
10/1/25 CleanSpark (CLSK) 3450 Oct 31st (W) $15 calls being bought up to 1.66
10/1/25 American Bitcoin (ABTC) 13,000 Nov $7.50 calls bought
10/1/25 Blackstone (BX) with 1000 March $170 puts selling to open at $14.55 to $14.50
10/1/25 United Therapeutics (UTHR) seller to open 1000 Nov $400 puts at $13.86 to buy 1000 Nov $440/$480 call spreads for $12.56
10/1/25 Eli Lilly (LLY) 1000 June $940 calls buy at $48 to $49 as the $900 calls adjust
10/1/25 Eli Lilly (LLY) buyer 2490 Nov $850 calls as the $800 calls adjust
10/1/25 Eli Lilly (LLY) also buyers of 1000 Jan $940 calls at $20.50 up to $24.75 offers
10/1/25 Natera (NTRA) buyer of 1600 Dec $160 calls at $15.56 as the $185 calls adjust
10/1/25 Joby Aviation (JOBY) 2400 OTM April $26 calls buying $1.80
10/1/25 Rocket Lab (RKLB) 1000 Dec 2026 $40 puts sell to open $10.50
10/1/25 Uranium Energy (UEC) buyer 2000 Jan $13 calls $2.35
10/1/25 Oracle (ORCL) 3030 Nov 7th (W) $225 short puts open 1.75
10/1/25 Alibaba (BABA) buyer 1000 Oct 24th (W) $190 calls $5.25
10/1/25 SanDisk (SNDK) buyers 1300 March $130 calls $22.25 to $24.55
10/1/25 SanDisk (SNDK) buyer 1000 Dec $150 calls at $11
10/1/25 Meta (META) 3150 Oct 31st (W) $700 short puts opening $24.75 to $24
10/1/25 Nebius Group (NBIS) 1325 Jan $170 calls bought $7.25 as December adjust
10/1/25 Taiwan Semi (TSM) 1000 Oct 31st (W) $310 calls bought $4.85 to $4.91
10/1/25 Taiwan Semi (TSM) buyers of 1700 Nov $310 calls at $9.10 to $9.25
10/1/25 Taiwan Semi (TSM) buyer of 1000 Dec 2026 $420 far OTM calls for $16.10
10/1/25 Advanced Micro (AMD) buyer 1200 Nov 7th (W) $180 calls $5.40 to $5.45
10/1/25 Western Digital (WDC) 500 June $120 puts sell to open $19.40
10/1/25 ASML Holding (ASML) buyers 325 Nov $1010 calls for $1.6M
10/1/25 Lam Research (LRCX) 1275 Nov $140 calls bought $7.40 to $7.50
10/1/25 Lam Research (LRCX) buyer 2500 max strike March $195 calls $3.48
10/1/25 Arm Holdings (ARM) 800 March $185 calls bought 11.05 offer
10/1/25 Micron (MU) buyers of 2700 Nov $190 calls at $10.75 offers
10/1/25 Google (GOOG) buyers of over 4500 Nov $290 calls at $1.80 to $2
10/1/25 Apple (AAPL) 2000 Sept 2026 $195 short puts open for $5.45
10/1/25 MKS Instruments (MKSI) buyer 500 Jan $140 calls for $9.40
10/1/25 Rigetti Computing (RGTI) 3000 Feb $18 short puts open 2.03
10/1/25 D-Wave Quantum (QBTS) opening sales of 2500 April $13 puts at $1.32 bids
10/1/25 Vistra (VST) over 2100 Jan $200 calls bought at $25 to $26.30 offers in large lots
10/1/25 AST SpaceMobile (ASTS) 1000 June $30 deep ITM calls bought at $29.50
10/1/25 Oklo (OKLO) buyer of 1250 March $155 calls at $19.20 for $2.5M
9/30/25 S&P Index (SPX) the quarterly JPM collar trade rolling out and sells to open 35,600 Dec 31st (Q) $6955 calls at $68.99 to buy the $6290/$5310 put spreads at $68.54
9/30/25 Nasdaq 100 ETF (QQQ) volatility seller today sells 5250 Sept 2026 $530 puts and 3500 of the $630 calls
9/30/25 Ultra Nasdaq QQQ ETF (TQQQ) opening sale 4000 March $90 puts $10.35 for $4M premium
9/30/25 Russell 2000 ETF (IWM) notable sale of 4000 May $220 puts $7.57
9/30/25 Semiconductors ETF (SMH) large sale to open 1000 Nov $325 puts for $14.21
9/30/25 Bitcoin ETF (IBIT) sees 1750 March $65/$50 bull put spreads sell for $5.45
9/30/25 Silver ETF (SLV) 10,000 Jan $39 puts sell to open $1.07
9/30/25 Tesla (TSLA) trading 5000 Jan 2027 $600/$650 call spreads
9/30/25 Tesla (TSLA) opening sales of 400 Jan 2028 $320 puts at $63.85 bids
9/30/25 Costco (COST) 500 Nov $920 calls bought $31.70
9/30/25 JD.com (JD) buyer 1000 Jan $31 ITM calls $6.65 to $6.75
9/30/25 Spotify (SPOT) 400 Nov 7th (W) $720 calls sell to open $37
9/30/25 Spotify (SPOT) 250 Nov $620 short puts open 21.55
9/30/25 Las Vegas Sands (LVS) buyer 750 Dec 2026 $52.50 calls $9.25 to $9.35
9/30/25 Uber (UBER) 7250 Nov $80 puts sell to open at $0.88
9/30/25 Home Depot (HD) size opening sale 400 Sept 2026 $410 puts $34.65 bid
9/30/25 Chevron (CVX) buyer of 1300 Jan 2028 $200 calls at $6.50 to $6.60
9/30/25 Bloom Energy (BE) opening seller of 3000 Oct $76 puts at $4.91
9/30/25 Bit Digital (BTBT) 6000 Jan 2027 $3 short puts opening $1.15
9/30/25 Galaxy Digital (GLXY) 3000 Dec $20 puts sold to open 0.55 to 0.50
9/30/25 SoFi (SOFI) opening sales of 5000 Oct 31st $26.50 puts at $2.27 as Oct $27 short puts adjust
9/30/25 KKR (KKR) buyer 1000 Nov $145 calls $2.65 to $2.70
9/30/25 KKR (KKR) also 1500 Nov $120 puts sold to open $4.10
9/30/25 Mastercard (MA) stock replacement sold to open 400 Dec 2026 $540 puts at $38.45, collecting $1.6M
9/30/25 Blackstone (BX) 2500 Oct $162.50 puts sell to open $2.27
9/30/25 Robinhood (HOOD) buyers of 6000 Nov 7th $160 calls at $6.55 as Oct 3rd $135 calls adjust
9/30/25 Amgen (AMGN) 700 Nov 7th $280 calls buy at $10 to $11.40
9/30/25 Pfizer (PFE) buyers of 4200 Sept 2026 $25 calls at $2.10 to $2.15
9/30/25 Bristol Myers (BMY) large opening seller of 2800 Nov $49 ITM puts at $5.10 bids
9/30/25 Tempus AI (TEM) 1500 Dec $90 calls buy $7.28 looking to add to OI
9/30/25 Mineralys Therapeutics (MLYS) 300 March $40 ITM puts sell to open $6.80
9/30/25 L3 Harris (LHX) 1500 December $330 calls buy $4.15
9/30/25 Archer Aviation (ACHR) seller of 10,000 Oct $9.50 puts to open 0.72
9/30/25 3M (MMM) opening sale 750 Sept 2026 $160 ITM puts for $18.60
9/30/25 Uranium Energy (UEC) buyer of 1100 Jan $14 calls at $2.26 as Oct 3rd calls adjust
9/30/25 CoreWeave (CRWV) 1000 Jan $220 calls sell to open $6.80
9/30/25 CoreWeave (CRWV) 500 Dec 227 $125 puts sold to open $2.4M
9/30/25 CoreWeave (CRWV) block of 2500 March $110 puts sell to open at $15.50 for $4M in premium
9/30/25 Google (GOOG) opening sales 9000 March $230 puts $14.90
9/30/25 Google (GOOG) 500 Sept 2026 $190 puts sell to open 8.85
9/30/25 Sanmina (SANM) 2000 Oct $120 calls bought $1.10 in bull risk reversals with $100 puts
9/30/25 Arista Networks (ANET) 400 Jan 2027 $140 puts sell to open 24.65
9/30/25 Aehr Test Systems (AEHR) unusual 1050 Nov $30 calls bought $5 to $5.30
9/30/25 Meta (META) 5000 Oct 31st (W) $730 short puts opening $16.5M
9/30/25 Nebius Group (NBIS) sees 1300 Nov/Dec $170 call calendar spreads buy at $2.05
9/30/25 Amazon (AMZN) large sellers of 8500 Nov $190 puts at $2.24
9/30/25 Oracle (ORCL) large block of 2750 Oct 31st $260 puts sell to open $8.70
9/30/25 Cloudflare (NET) 2000 June $190/$250 call spreads bought to open
9/30/25 Oklo (OKLO) buyer 700 March $200 OTM calls for $11.30
9/30/25 Vistra (VST) opening seller of 250 March $180 puts at $20.25 bids
9/29/25 S&P 500 ETF (SPY) buyer 6000 March $710/$720 call spreads with $685/$695 adjusting
9/29/25 Nasdaq 100 ETF (QQQ) buyer 2625 Feb $650/$665 call spreads
9/29/25 Nasdaq 100 ETF (QQQ) buyers of 4000 Oct $609 calls at $5.62 offer
9/29/25 Bitcoin ETF (IBIT) 1500 June 2027 $80 calls bought at $13.25 offers for over $2M
9/29/25 Semiconductors ETF (SMH) large buyer of 3200 Nov $240 calls at $9.45 to $9.85
9/29/25 Energy ETF (XLE) buyer 2400 Dec 92/100 call spreads
9/29/25 Silver ETF (SLV) sweep buy 1875 Sept 2026 $46.50 calls $3.80 offer
9/29/25 Silver ETF (SLV) 5000 March $38 short puts and 4000 Dec $40 short puts as well
9/29/25 Anheuser-Busch (BUD) 1550 Nov $62.50 calls buying $1.30 to $1.40
9/29/25 Macy’s (M) 3500 Oct 18 calls buy 0.64 offers
9/29/25 Tesla (TSLA) sells to open 1600 Dec 2027 $450 puts at $130.60, as the $220 short puts adjust
9/29/25 Axon (AXON) 200 June $800 ITM puts sell to open $149.5
9/29/25 Axon (AXON) also 500 Jan 2028 $390 puts sell to open $32
9/29/25 Lyft (LYFT) 1000 Dec $32.50 deep ITM puts sell to open $10
9/29/25 Lyft (LYFT) buyer of 875 Jan 2027 $32 calls at $3.40
9/29/25 Lyft (LYFT) also 7000 Dec $24/$28 call spreads buy for $1.09
9/29/25 AppLovin (APP) 500 Jan $730 ITM short puts opening
9/29/25 AppLovin (APP) 500 max strike Nov $980 calls buying $15.40
9/29/25 Sphere (SPHR) with 500 Nov $60 puts sold to open $5.55
9/29/25 Uber (UBER) 6000 Jan $125 calls buy $1.80 offer
9/29/25 Netflix (NFLX) opening sale 150 Jan 2028 $1400 puts $303.25 deep ITM
9/29/25 Valero (VLO) 1300 Oct $172.50 calls bought $5.25 and higher
9/29/25 Occidental (OXY) opening sales of 1100 Jan 2028 $42.50 puts at $5.30 bids
9/29/25 Coinbase (COIN) large buys of 1400 Dec $380 calls at $20.60 to $22.35
9/29/25 Robinhood (HOOD) 550 June $130 puts sell to open $25.25
9/29/25 Robinhood (HOOD) buyer of 1200 June $185 calls at $14.24
9/29/25 SoFi (SOFI) 1000 June $24 puts sell to open $3.70 bids
9/29/25 Affirm (AFRM) opening sales of 750 Dec $75 puts at $9.20
9/29/25 Cytokinetics (CYTK) buyer of 7500 Jan $55/$75 call spreads for $6.04 as Oct $40 calls adjust
9/29/25 UniQure (QURE) sees a block of 1000 Nov $50 puts sell to open $3.10
9/29/25 Richtech Robotics (RR) buyers of 4300 Oct 31st $6 calls at $0.70
9/29/25 Planet Labs (PL) 1500 Jan 2028 $12 calls buy $6.40 offers
9/29/25 Planet Labs (PL) also block of 5000 Nov $14 calls bought 1.14
9/29/25 TTM Tech (TTMI) unusual buy 1000 Nov $60 calls $5.20 to $5.32
9/29/25 Corning (GLW) 2000 June $100 calls bought $4.35 to $4.45
9/29/25 Qualcomm (QCOM) 1600 Sept 2026 $165 calls buying $24.50 to $25
9/29/25 Google (GOOGL) opening sale 1000 Jan $245 puts $14.56 while 1500 of the $300/$350 call spreads buy
9/29/25 Google (GOOG) 2000 Dec $245 short puts opening $13.80 to $13.65
9/29/25 Nvidia (NVDA) 3500 Nov 7th (W) $185 calls bought near 8.25 as Oct. 180 calls adjust
9/29/25 Nvidia (NVDA) 4500 Oct 31st (W) $185 short puts open $8.51
9/29/25 Nvidia (NVDA) also 18,500 Oct. 24th (W) $180 short puts open in an adjustment
9/29/25 Alibaba (BABA) buyer 1000 Oct 214th (W) $185 calls for $7.21
9/29/25 Taiwan Semi (TSM) buyer 1325 Oct 24th (W) $300 calls $4 offer sweeps
9/29/25 Palantir (PLTR) 400 April $140 puts sell to open 11.20 bid
9/29/25 Oracle (ORCL) 400 August $280 short puts open $45.30
9/29/25 Oracle (ORCL) also 800 May $280 short puts open $40.50 to $39
9/29/25 IonQ (IONQ) buyer 1000 Oct 24th (W) $70 calls for $5
9/29/25 IonQ (IONQ) 300 Jan 2028 $60 short puts open 25.75 to 25.65
9/29/25 CoreWeave (CRWV) size buy 4500 December $105 calls for $31.70
9/29/25 CoreWeave (CRWV) block of 1300 Nov 7th (W) $115 puts sold to open $10.30
9/29/25 Apple (AAPL) 5000 Jan $250 puts being sold $10.65
9/29/25 SanDisk (SNDK) 400 Dec $115 puts sold to open $18.30
9/29/25 Oklo (OKLO) 1000 Dec $150 calls bought $13.45 offer sweeps
9/29/25 Oklo (OKLO) also seeing 1000 Dec $100 put sell to open $13.70
9/29/25 Vistra (VST) buyer of 1500 Oct 10th $210/$220 call spreads $2.80
9/29/25 Zura Bio (ZURA) unusual action today seeing 3050 March $2.50 ITM calls buy with stock up 34% and IV30 up 66%, small Bio trading just 1.25X Cash supporting operations through 2027 and readouts seen for tibulizumab next year, recent Guggenheim positive note on the Novartis (NVS) Phase 3 read-through.
9/30/25 Avalo Therapeutics (AVTX) buyer of 1000 February $12.50 calls, a $170M Biotech with low short interest. AVTX-009 is in a Phase II trial for hidradenitis suppurativa, with data expected in mid-2026. Key opinion leaders highlight the heterogeneous patient population and high unmet need. The leaders expect success with AVTX-009 with potential for a $1B-plus sales opportunity. AVTX trades just 1.5X Cash. AbbVie’s (ABBV) latest hidradenitis suppurativa data validates IL-1 but caps efficacy at 45%-50% HiSCR75, positioning AVTX-009 for success, HCW notes. OpCo also a fan of AVTX with $35 target.