Link to IBD Podcast which will stream LIVE on Wednesday, November 12th at 5PM EST (you can also use this link to watch the recording): https://www.youtube.com/live/aX4PymD-hvs

Topics covered:
1) 0:00 Announcements
2) 0:40 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 8:55 FOCUS LIST: NVDA, PLTR, GEV, RKLB, UBER, NBIS, AVGO, TSM, HOOD, VRT
4) 13:55 Stock Review – Aerospace/Defense: SHLD (ETF), XAR (ETF), KTOS, AVAV, GE, PL, HWM, CW, ASTS, RTX, ATRO
5) 16:15 Stock Review – Software: IGV (ETF), MSFT, SNOW, NET, CRWD, ZS, DDOG, TWLO
6) 17:40 Stock Review – Semiconductors: SMH (ETF), LRCX, KLAC, AMD, MU, AEIS, SMTC, TSEM, CRDO, RMBS
7) 19:30 Stock Review – Data Storage: STX, WDC, SNDK, PSTG
8) 20:35 Stock Review – Electronic Related: CLS, SANM, FN, COHR, JBL, TTMI, LASR, LITE, NVT
9) 21:20 Stock Review – Energy/Data Center related: VST, CEG, NRG, BE, MOD, ORA, POWL, PWR, ATI, FLNC
10) 22:40 Stock Review – Biotech/Medical: XBI (ETF), IBB (ETF), LLY, NKTR, AVTX, NAMS, CYTK, INSM, MDGL, ORKA, PAHC, MEDP, GRAL, GH, KMTS
11) 25:20 Stock Review – Others/General Ideas/Commentary: TSLA, GOOGL, IONQ, QBTS, BTU, SPHR, APLD, SHOP, SOFI, CAMT, REMX (ETF), IBIT
12) 28:10 Stocks Near Buyable Ranges: TSLA, HOOD, PWR, ATI
13) 30:30 Conclusion/Summary

Market Summary:
In this video, I review some of the positives and negatives in the market. As I’ve mentioned many times, we’re in a bull market. There will be pullbacks, shakeouts, and corrections along the way. Recently, we’ve seen higher than normal volatility in many growth stocks. If this volatility is too much for you, here are some suggestions I’ve presented many times over the years: 1) If you are playing for a bigger move in a stock, you just have to deal with volatility. 2) Smaller positions with a longer timeframe can help, so you are not nervous over every tick. 3) Take profits into strength. 4) Use a blend of ETFs and stocks to mitigate volatility. 5) No matter your timeframe, make sure to get strong entry points to give you a cushion during normal pullbacks.

From here, I’m going to continue to shut out the noise, 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:
11/11/25 Nasdaq 100 ETF (QQQ) buyer 5500 Jan $680 calls at $3.30 as $670 calls adjust
11/11/25 S&P Equal Weight ETF (RSP) buyers of 17,957 Jan $194 calls $2.60
11/11/25 Semiconductors ETF (SMH) 4000 Jan $390 calls bought to open as $400 strike adjusts
11/11/25 Semiconductors ETF (SMH) size buy 2300 March $400 calls $12.99
11/11/25 Regional Banks ETF (KRE) buyer 7600 Jan $63 calls 2.30 as Nov adjust
11/11/25 Walmart (WMT) 3000 Nov $101 calls bought $4.05 to $4.10, reports next week
11/11/25 Las Vegas Sands (LVS) buyers 650 March $67.50 calls at $6.50
11/11/25 RH (RH) 1135 Dec $125 short puts opening 4.40 to 4.30
11/11/25 Home Depot (HD) 2085 Jan $345 short puts open $6.36 adjusting Nov $365 short puts
11/11/25 Starbucks (SBUX) 3750 Dec 5th (W) $87 calls bought $2.06 as Nov $86 adjust
11/11/25 McDonald’s (MCD) 1600 Jan $305 calls buy for $9.50 as $320 calls look to be adjusting
11/11/25 Bloom Energy (BE) 1500 Jan $160 calls bought 18.55 as some Nov 140 adjust
11/11/25 Canadian Solar (CSIQ) buyer 1000 April $30 calls $6.70
11/11/25 First Solar (FSLR) opening sellers of 1300 Jan $260 puts at $20 to $19.60
11/11/25 Travere Therapeutics (TVTX) 300 March $37.50 calls buying at $6.32 as Dec $22.50 calls adjust
11/11/25 Edgewise Therapeutics (EWTX) buyer 500 May $25/$35 call spreads for $2.55
11/11/25 Newmont (NEM) Jan 2027 $70 short puts 4000X
11/11/25 Apple (AAPL) 2000 Dec 26th $275 calls buying at $8.85 to $9.20
11/11/25 Apple (AAPL) also buyers of over 12K Nov 28th $280 calls at $2.25 to $2.70
11/11/25 Snowflake (SNOW) opening sales of 950 Dec $260 puts for $14.10 to $13.40 bids
11/11/25 Snowflake (SNOW) buyer of 200 April $280 calls at $32.70 offers
11/11/25 Google (GOOG) 5000 Jan $285 puts sold to open 12.40 to 12.30
11/11/25 Meta (META) 1500 Jan 2028 $1100/$550 bull risk reversals opening at net credit
11/11/25 Oracle (ORCL) 1000 Sept $175 puts sold to open $13.95
11/11/25 Rambus (RMBS) buyer 500 Jan $125 calls $5.30
11/11/25 Nvidia (NVDA) large buy of 35,000 Jan $195 calls at $14.65 as the Nov $205 calls adjust
11/11/25 Advanced Micro (AMD) buyers of 4500 Dec 12th $250 calls at $11 to $12
11/11/25 Marvell Tech (MRVL) buyer 650 Dec 2026 $95 calls at $20.95
11/11/25 Applied Materials (AMAT) 700 April $230 puts sold to open 25.35 ITM
11/11/25 Vistra (VST) spreads sell 4000 Jan $150 puts to buy the $210/$250 call spreads, $3 debit
11/10/25 S&P 500 ETF (SPY) buyer 2000 December 702 calls 3.92 offer
11/10/25 Nasdaq 100 ETF (QQQ) massive buyer of 3000 Jan 2027 $640 calls at $64.45, over $19M
11/10/25 Russell 2000 ETF (IWM) size opening seller 1500 Dec 2027 $245 puts $26.40
11/10/25 Treasury ETF (TLT) buyer 2000 Feb $87 calls $3.99
11/10/25 Biotech ETF (IBB) Feb $165 calls bought 3825X as some Nov $135 adjust
11/10/25 China Internet ETF (KWEB) buyer 5000 June 47/60 call spreads 1.19
11/10/25 Ethereum ETF (ETHA) 10,000 Dec $26 calls buying against $35 calls
11/10/25 Nike (NKE) buyers 5000 April $70 calls $3.40
11/10/25 Celsius Holdings (CELH) opening seller 1500 Jan 2027 $55 calls at $8.20
11/10/25 DoorDash (DASH) buyers of 470 Jan 2027 $190 puts at $31.35
11/10/25 Walmart (WMT) opening seller of 5000 Dec 26th $92 puts at $0.87
11/10/25 Amprius Technologies (AMPX) January $16/$12 bull risk reversals trade 3000X to open
11/10/25 Protagonist Therapeutics (PTGX) opening seller 2000 April $90 calls at $3.20
11/10/25 Nektar Therapeutics (NKTR) buyer 400 December $55 calls 8.70
11/10/25 Avalo Therapeutics (AVTX) unusual buyer of 545 June $15/$30 call spreads at $2.00
11/10/25 Johnson Controls (JCI) 3500 Feb $135 calls buy $3.40 as Nov 120 adjust
11/10/25 Johnson Controls (JCI) also buyer 1000 Dec $125 calls for $3.39
11/10/25 L3 Harris (LHX) 450 Jan 2027 $300 calls buy $33.80
11/10/25 Newmont (NEM) 1000 Jan 87.50 calls sell to open 6.32
11/10/25 Alcoa (AA) 4000 Nov $38 short put open 1.10
11/10/25 Ramaco Resources (METC) buyer 1000 Jan $25 calls $4.60
11/10/25 Nvidia (NVDA) buyers of 2900 Dec 12th $185 ITM calls at $17.80
11/10/25 Nvidia (NVDA) 2500 Dec $194 short puts opening $11.70
11/10/25 Nvidia (NVDA) also 3000 June 2027 $145 short puts opening $16
11/10/25 Palantir (PLTR) buyer of 1000 Jan 2028 $390 far OTM calls at $26.90 to $29.10
11/10/25 Palantir (PLTR) also 1500 Dec 26th $185 calls bought at $17.51 as Jan $180 calls adjust
11/10/25 Palantir (PLTR) buyer of 450 August $210/$330 call spreads at $24.90
11/10/25 Palantir (PLTR) 2000 June 2027 $200 calls sell to open $58.05
11/10/25 Meta (META) 1000 June 2027 $760 calls selling for $93.20 to $92.65
11/10/25 Meta (META) buyer of 1000 Jan 2028 $860 calls at $90 to $92.40
11/10/25 Amazon (AMZN) opening sale of 2000 May $250 puts at $23.30
11/10/25 Advanced Micro (AMD) buyer 1300 Dec 12th (W) $250 calls $12.99 to $13.26
11/10/25 Advanced Micro (AMD) 850 Dec 2026 $530 max strike calls bought at $12.50 offer
11/10/25 Micron (MU) 1300 Nov 28th (W) $267.50 calls bought $1.3M
11/10/25 Google (GOOG) 7000 Jan $290 puts sell to open raising $11M premium
11/10/25 Google (GOOGL) buyers 3000 Dec 5th (W) $290 calls $9.05 offer to $9.10
11/10/25 Google (GOOGL) buyer 7000 Jan $290 calls $16.50 as Nov 220 adjust
11/10/25 Microsoft (MSFT) buyer 1000 Feb $530/$630 call spreads
11/10/25 Microsoft (MSFT) buyer of 500 Jan 2027 $505 calls at $70
11/10/25 Broadcom (AVGO) 1000 June $390 calls buy at $46.10 as $380s adjust
11/10/25 SanDisk (SNDK) 1000 Nov 28th $252.50 puts sell to open $23 to $21
11/10/25 SanDisk (SNDK) also 1100 Jan $260 puts sell to open $45.00 bids
11/10/25 Nebius Group (NBIS) buyers of 1350 Nov 28th $130 calls at $5.80 in large lots
11/10/25 Marvell Tech (MRVL) opening sales of 800 Feb $95 ITM puts at $13
11/10/25 Baidu (BIDU) buyer of 1000 Feb $180 calls $3.79, reports 11-18
11/10/25 Oracle (ORCL) seller of 1300 August $240 puts to open $37.95
11/10/25 Constellation Energy (CEG) 300 June $440/$540 call spreads bought at $18.75
11/10/25 Vistra (VST) buyer 700 June 225/275 call spreads for $10.95
11/10/25 Vistra (VST) also buyer of 2000 Jan $185 calls at $18.19