Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review (Nasdaq Composite, S&P 500, and Russell 2000
3) 13:55 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, ASTS, KTOS, PL, BKSY, KRMN, VSAT, LUNR, SATS
4) 16:35 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, TSM, KLAC, AMAT, TSEM, AEIS, TER, Q, MU, STX, WDC, SNDK
5) 19:15 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, JBL, VRT, GEV, CIEN, GLW, AAOI, LASR, MOD
6) 20:10 Stock Review – Biotech/Medical: XBI (ETF), EWTX, TERN, PCVX, CGON, UTHR, DNTH
7) 21:25 Stock Review – Others/General Ideas/Commentary: DVN, TDW, XOM, ALB, NBIS, NET, GOOGL, SPHR
8) 24:00 Conclusion/Summary

Market Summary:
The theme remains the same: Patience and defense until we see signs of better price action. Specifically, I would like to see the major indexes regain their 200-day moving averages and see 1 or 2 follow through days. If you are inclined to trade, please keep things light, as I am still expecting more volatility over the near-term. Also, please keep in mind that protecting your confidence is just as important as protecting capital during market corrections. I want members to be mentally ready for the next power trend. It will simply require patience until it develops. Thank you and enjoy the rest of your weekend.

Unusual Options Activity:
3/27/26 S&P 500 ETF (SPY) buyer 1150 April 30th (W) $653 calls $14.25
3/27/26 S&P 500 ETF (SPY) 3500 Jan $680 calls sell to open $36.36
3/27/26 Energy ETF (XLE) 5000 Dec $60 short puts open for 4.30
3/27/26 Disney (DIS) buyer 1000 Jan 2028 $120 calls 8.70 to 8.80
3/27/26 WingStop (WING) 500 March 2027 $140 puts sell to open $30.50
3/27/26 Coinbase (COIN) 1500 June $130 short puts trading 10.15 bids
3/27/26 Devon Energy (DVN) 1675 May $57.5 calls buying 1.18 and higher
3/27/26 Occidental (OXY) 5000 May $75 calls buying $1.17 to $1.36
3/27/26 ConocoPhillips (COP) 1050 July $120 puts sell to open $4.73
3/27/26 United Therapeutics (UTHR) buyer of 400 May $540 calls at $42 to $44.80
3/27/26 Vertiv (VRT) 1078 June $200 short puts open at 10.26
3/27/26 Vistra (VST) buyer 600 June $165 calls at $14.70 offer
3/27/26 Freeport McMoran (FCX) buyers 7000 Jan 2028 $70 calls at $11.20 as Jan 2027 adjust
3/27/26 Cameco (CCJ) 4150 June 80 short puts opening 2.54 to 2.41
3/27/26 Rocket Lab (RKLB) buyers of 1800 June $65 calls $10 to $10.25
3/27/26 Alibaba (BABA) with 1000 Dec $105 short puts opening 8.35
3/27/26 CoreWeave (CRWV) 1000 Dec 2028 $50 short puts open 17.60
3/27/26 Tower Semi (TSEM) opening sale 2000 June $130 puts at $8.40
3/27/26 Amazon (AMZN) buyers 25,000 June 225/265 call spreads
3/27/26 Amazon (AMZN) buyer 4500 Jan $290 calls $5.50 offer
3/27/26 Google (GOOGL) 10K July 180 short puts open for 1.38
3/27/26 Microsoft (MSFT) 10,000 August $250 short puts open for 3.42
3/27/26 HP Enterprise (HPE) 2400 Jan $30 calls buy $2.35 offer sweeps
3/27/26 Broadcom (AVGO) buyer 750 June $300 calls at $72.20 and sells 500 of the $500 calls at $21.30
3/26/26 Nasdaq 100 ETF (QQQ) buyer 2000 May 608/650 call spreads
3/26/26 Utility ETF (XLU) 2000 Jan 2028 $45 short puts open 3.90
3/26/26 Emerging Markets ETF (EEM) buyer 6000 June 2027 $60 calls 5.95
3/26/26 Occidental Petro (OXY) buyer 1000 August $70 calls $3.75
3/26/26 Citigroup (C) buyer 6000 April $117 calls $3.45
3/26/26 Wells Fargo (WFC) buyer 8000 April $84 calls 1.39
3/26/26 Vistra (VST) 5000 May 105 short puts open 1.22
3/26/26 Bristol Myers (BMY) May $62.5 calls buy 5000X 1.34 to 1.37
3/26/26 Stoke Therapeutics (STOK) opening sale of 2000 May $30 puts at $2.75
3/26/26 GE Vernova (GEV) 1000 May $630 short puts open 6.40 to 6.30
3/26/26 L3 Harris (LHX) buyer 350 May $380 calls 7.90 adjusts 175 of the $350 calls
3/26/26 Lockheed Martin (LMT) opening seller 325 Sept $500 puts at $13.70
3/26/26 Google (GOOGL) 9000 June $200 short puts open 1.42
3/26/26 Google (GOOGL) 3000 June 275 puts sold $14
3/26/26 Vertiv (VRT) 5060 May 1st (W) $185 short puts open 2.05
3/26/26 Apple (AAPL) opening seller 1000 Oct $235 puts at $12.67
3/26/26 Nvidia (NVDA) opening sale 3000 Oct $145 puts at $9.32
3/26/26 Applied Materials (AMAT) 1800 May $240 puts sold 3.16 to open
3/26/26 ASML Holding (ASML) 1030 May $980 short puts open 11.73
3/26/26 Texas Instruments (TXN) 1000 June $180 short puts open for 7.95
3/26/26 Micron (MU) opening seller of 10,000 July $165 puts at $1.75 to $1.52
3/26/26 Globalstar (GSAT) opening sales 1000 May $60 puts at $3.20
3/26/26 EchoStar (SATS) 1000 May $95 short puts open for 3.60