Topics covered:
1) 0:00 Announcements
2) 0:15 Market Commentary and Index Review
3) 6:10 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, ASTS, PL, BKSY, VSAT, SATL, LUNR, SATS, FLY
4) 10:15 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, AVGO, TSM, ARM, KLAC, AMAT, UCTT, AEHR, TSEM, TER, AEIS, MTSI, Q, MU, STX, WDC, SNDK
5) 14:25 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, JBL, VRT, GEV, CIEN, GLW, AAOI, AXTI, MOD, CLS, TTMI, LASR, POWL, BE, ATI, IPGP
6) 17:50 Stock Review – Biotech/Medical: XBI (ETF), EWTX, PCVX, CGON, CAPR, NKTR, DNTH, ARWR, MLYS, ELTX, INBX
7) 20:45 Stock Review – Others/General Ideas/Commentary: TDW, ALB, AMPX, DELL, NBIS, CRWV, SPHR, GOOGL
8) 23:20 Conclusion/Summary

Market Summary:
The S&P 500 had a Day 6 follow through day (FTD) on Wednesday, April 8th. As I mentioned in recent videos, after a FTD you want to see sideways digestion on light volume, minimal distribution, the major indexes continue to hold above their key moving averages, growth stocks to act well, and eventually a SECOND FTD. We’ve seen all that since April 8th. Technically, we didn’t get a second FTD on the S&P 500, but we did see THREE strong accumulation days on Monday, April 13 (+1.02%), Tuesday, April 14 (+1.18%), and Friday, April 17 (+1.2%). I say “technically” because the old definition of a FTD used to be 1% or greater. The whole point is who cares? After the April 8th FTD, the price action has been strong and we’ve seen continued accumulation. Regarding the Nasdaq Composite, we did see THREE follow through days last week on 4/14, 4/15, and 4/17. Again, these are all positive signs of the institutions coming back into the market.

From here, 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. 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 size 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:
4/22/26 S&P 500 ETF (SPY) 15,000 March 2027 $400 puts selling to open raising over $5M premium
4/22/26 Nasdaq 100 ETF (QQQ) buyer 3000 Oct $800 calls $2.64
4/22/26 Nasdaq 100 ETF (QQQ) 11,000 Sept $615 puts sold to open at $20.45
4/22/26 Russell 2000 ETF (IWM) large opening sale 2000 June 2027 $275 puts 23.85
4/22/26 Semiconductors ETF (SMH) opening sales of 1000 Dec $460 puts at $47
4/22/26 Software ETF (IGV) big opening sale 3150 March $80 puts $6.87
4/22/26 Uranium ETF (URA) 1000 Oct $53 short puts opening 6.40 to 5.90
4/22/26 Deere (DE) opening sales of 482 Feb $660/$640 bull put spreads at $11.90
4/22/26 Deere (DE) 550 June $550 puts sold to open 14.40
4/22/26 Vertex Pharma (VRTX) buyers of 550 March $540 calls at $24.20 to $24.90
4/22/26 Amgen (AMGN) 650 July $305 short puts open 5.675
4/22/26 Incyte (INCY) 3000 June $85 puts sold to open 1.30
4/22/26 Insmed (INSM) May $145 calls bought 1400X at $9
4/22/26 Summit Therapeutics (SMMT) large buyer of 7500 June $26/$34 call spreads at $2.60
4/22/26 Definium Therapeutics (DFTX) spread sold 2000 June $20 puts to buy the $25/$30 call spreads
4/22/26 Corvus Pharma (CRVS) 1000 May $19/$17 bull risk reversals opening at net debit
4/22/26 Amphenol (APH) 1500 July $125 puts sell to open $5.20
4/22/26 Rocket Lab (RKLB) buyers of 2000 May 8th $105 calls at $3.40 to $3.60, earnings that week
4/22/26 Rocket Lab (RKLB) also 1300 Oct $60 deep ITM calls buying at $38.20 to $38.50 for $5M
4/22/26 Firefly Aerospace (FLY) buyer of 700 Jan 2028 $65 calls at $16.64 as the $47 calls adjust
4/22/26 Apple (AAPL) size opening sale 9900 Dec 2027 $250 puts for $24.20
4/22/26 Amazon (AMZN) 900 Oct $240 short puts open 16.25 to 16.20
4/22/26 Google (GOOG) 7000 Oct $280 short puts opening $9.20 to $9
4/22/26 Vertiv (VRT) 12,000 June 220 short puts open 3.10
4/22/26 Nebius Group (NBIS) 750 Jan $175 calls bought $41.85 and higher
4/22/26 CoreWeave (CRWV) buyer 5500 May 145/165 call spreads
4/22/26 Applied Materials (AMAT) 350 August $380 short puts open $40.20
4/22/26 Marvell Tech (MRVL) massive buys of 8000 August $175 calls for $13.9M
4/22/26 Marvell Tech (MRVL) 5500 July $180 calls also buying 12.50 to 13
4/22/26 Arm Holdings (ARM) buyers of 3500 June $250 calls at $3.50 to $4.75
4/22/26 Arm Holdings (ARM) opening sales of 1000 June $185 puts at $18.25 bids
4/22/26 Arm Holdings (ARM) opening sellers of 1000 Jan $145 puts at $16.10 bids
4/22/26 Advanced Micro (AMD) opening sales of 2100 May $285 puts at $17.45 to $17
4/22/26 Amprius Tech (AMPX) size bull flow continues as 3000 Oct $21 puts sold to open $5.30
4/22/26 Amprius Tech (AMPX) another 2000 Jan 17 puts sold 4.10
4/22/26 AXT (AXTI) opening sale 300 July $70 puts $21.40 bid
4/22/26 Corning (GLW) 200 July 155 puts sold 15.10 to open
4/22/26 Corning (GLW) buyers of 4000 May $170 calls at $11.80 to $12
4/22/26 Applied Optoelectronics (AAOI) 4400 May 1st $170 calls buying $5.20
4/22/26 Micron (MU) 9900 Dec $360 puts sell to open $44.15
4/22/26 Micron (MU) 500 June $540 puts sold to open ITM 92.90
4/21/26 Nasdaq 100 ETF (QQQ) Jan $770/$900 call ratios open 5000X15,000
4/21/26 Russell 200 ETF (IWM) seller to open of 1500 Dec $310 ITM puts at $37.61
4/21/26 Ark Innovation ETF (ARKK) 3000 June 80 short puts opening ITM for 5.35
4/21/26 Emerging Markets ETF (EEM) 5000 Oct $56 short puts open for 1.66
4/21/26 Homebuilders ETF (XHB) buyer 1800 May $115 calls at $1.87
4/21/26 Gold Miners ETF (GDX) opening seller of 20,000 Sept $90 puts at $6.80
4/21/26 South Korea ETF (EWY) size buy 5000 July $170 calls for 7.33
4/21/26 Tesla (TSLA) 1000 Jan 2028 $320 puts sold to open 54.25 to 53.85
4/21/26 Netflix (NFLX) buyer 4400 March $100 calls for $11.85
4/21/26 Bank of New York (BK) large buys of 1750 Jan 2028 $135 calls at $25.30 to $25.90
4/21/26 Chevron (CVX) buyer of 450 Jan 2028 $170 calls at $31.15 as some Jan 2027 calls adjust
4/21/26 Vistra (VST) buyer 400 July $165 calls 12.15 offer
4/21/26 NRG Energy (NRG) buyer 2000 May $160 calls $5.30, adjusting the $175 calls
4/21/26 Occidental (OXY) buyers of 9000 May $57 calls at $2.05 to $2.15
4/21/26 United Therapeutics (UTHR) 200 June $520 short puts open $13
4/21/26 Tarsus Pharma (TARS) 2000 May $60 short puts open 2.65
4/21/26 Summit Therapeutics (SMMT) 1000 June $30 calls bought 2.80 offer sweeps
4/21/26 Definium Therapeutics (DFTX) 300 Sept $20 short puts open $4.50
4/21/26 Cytokinetics (CYTK) 2000 May 95 calls bought 2.30
4/21/26 Johnson Controls (JCI) 500 Jan $145/$155 call spreads buy
4/21/26 Nucor (NUE) buyer of 1050 Jan $250 calls $12
4/21/26 Newmont (NEM) 1000 Jan 82.5 puts sell to open at $4.60
4/21/26 GE Vernova (GEV) 1600 June $840 puts sell to open $23.50
4/21/26 GE Vernova (GEV) also 1430 June $1050/$1220 call spreads bought
4/21/26 Jabil (JBL) 1500 max strike June $430 calls bought after similar in May upside yesterday
4/21/26 AST SpaceMobile (ASTS) 500 Sept $55 short puts open for $6.45
4/21/26 Planet Labs (PL) 1200 June $37 calls bought $7.60
4/21/26 Intuitive Machines (LUNR) buyer 1000 June $36 OTM calls 3.90 offer
4/21/26 Google (GOOGL) 2240 May 22nd $340 puts sell for $16.73 as $320 short puts adjust
4/21/26 Microsoft (MSFT) 8400 June $445 calls with buys as the $430 adjust up
4/21/26 Palantir (PLTR) 1200 Oct $185 calls buy at $10.75
4/21/26 Amazon (AMZN) buyer 2500 May 8th (W) 257.5/275 call spreads for earnings 4-29
4/21/26 Amazon (AMZN) opening sale 1133 Dec 2027 $215 puts at $23.21 as July $230 short puts adjust
4/21/26 Intel (INTC) 4000 May 29th (W) $80 upside calls buy 2.20 to 2.28
4/21/26 Advanced Micro (AMD) size buy 3000 August $400 calls at $10.35
4/21/26 ST Micro (STM) 4000 May $50/$55 call spreads bought at $0.87
4/21/26 Arm Holdings (ARM) buyers of 600 Sept $230 calls for $14.70 offers
4/21/26 IREN Ltd (IREN) buyers 1000 August $45 ITM calls at $10.85
4/21/26 Semtech Crop (SMTC) more bull flow as 1000 Jan $120 calls buy $26.05
4/21/26 Corning (GLW) May 1st (W) $170 calls bought 4000X 8.73 to 8.80
4/21/26 Sanmina (SANM) 1700 May $185 calls bought $12.40 offers as the $175 adjust
4/21/26 AXT (AXTI) 2000 May 8th $45 puts sell to open $2 to $1.60
4/21/26 AXT (AXTI) opening sales of 1300 May $75 puts for $15.20 to $14.90
4/21/26 Amprius Tech (AMPX) 2000 Jan 17 short puts open for 4.19
4/21/26 Amprius Tech (AMPX) 2200 May 25 calls bought
4/21/26 Amprius Tech (AMPX) 2500 July $20 and 3000 June $20 short puts also opening
4/21/26 Micron (MU) buyer of 1000 Dec $700/$800 call spreads
4/21/26 Taiwan Semi (TSM) 1200 Jan $360 puts sell to open $45.86 as $240 short puts adjust
4/20/26 Nasdaq 100 ETF (QQQ) buyers of 3500 each June 2027 $665, $670, $675 calls
4/20/26 Russell 2000 ETF (IWM) 1500 July $260 short puts open 6.24
4/20/26 Emerging Markets ETF (EEM) 5000 Dec $63 short puts open 4.46
4/20/26 Homebuilders ETF (XHB) buyer of the May 111/117 call ratios 4000X8000
4/20/26 Materials ETF (XLB) buyer 29,000 Sept $55/$62.50 call spreads as June spreads adjust
4/20/26 Silver ETF (SIL) size opening sale 1000 Oct $100 ITM puts $13.70
4/20/26 Tesla (TSLA) 600 June 2028 $340 puts sell to open $69.72 as the Dec 2027 $350 short puts adjust
4/20/26 Netflix (NFLX) 600 Jan $84 short puts opening 10.55
4/20/26 Halliburton (HAL) buyer 1000 Sept $40 calls $2.50
4/20/26 Occidental (OXY) opening sales 1750 May $57 puts at $3.70 bids
4/20/26 Vistra (VST) opening seller 5700 May $125 puts at $0.84
4/20/26 Expand Energy (EXE) more put sellers with 12,080 May $85 puts sold at $0.45
4/20/26 Revolution Medicines (RVMD) spread sells 5000 June $135 puts to buy 500 of the $160/$185 call spreads
4/20/26 Nektar Therapeutics (NKTR) buyers 1875 May $115 calls up to $4.60
4/20/26 Nektar Therapeutics (NKTR) 1200 May $85 short puts open $2
4/20/26 Nektar Therapeutics (NKTR) 1000 June $105 puts sell to open $13.60 to $12.90
4/20/26 Alnylam Pharma (ALNY) buyer 100 Dec $300 calls $54.30
4/20/26 Blackstone (BX) 500 June 2027 $125 short puts open at $19.80
4/20/26 Howmet Aerospace (HWM) 3240 May $220 short puts open 1.67
4/20/26 AST SpaceMobile (ASTS) buyer of 1000 Jan $85 calls $24.45
4/20/26 Rocket Lab (RKLB) 1050 May 1st (W) $96 calls bought 2.99 offer
4/20/26 Ondas (ONDS) buyers of 25,000 May $14 calls at $0.43 to $0.50
4/20/26 Freeport McMoran (FCX) large opening sale 3500 March $65 puts for $8.69
4/20/26 CoreWeave (CRWV) buyer 400 June 2028 $125/$180 call spreads
4/20/26 CoreWeave (CRWV) 500 Nov $110 puts sold to open $23.50
4/20/26 CoreWeave (CRWV) also 500 Jan 2028 $210 ITM puts sell to open $108.60
4/20/26 Vertiv (VRT) 4310 May 29th (W) $215 short puts open 1.78
4/20/26 Vertiv (VRT) size buyer 1250 March $350 calls for $65.30
4/20/26 Johnson Controls (JCI) buyer of 1950 May $155 calls at $1.55
4/20/26 IREN Ltd (IREN) buyers of 1500 May 8th $48.50 calls at $4.75
4/20/26 TTM Tech (TTMI) 500 June 140 calls adjust to 160 strike
4/20/26 Amprius Tech (AMPX) notable 2500 Oct $19 puts sell to open $4.60 bid
4/20/26 Amprius Tech (AMPX) also 1100 OTM Oct $27 calls bought up to 3.90
4/20/26 Amprius Tech (AMPX) buyer of 3000 June $20/$25 call spreads
4/20/26 Meta (META) opening seller of 2300 May 29th $570 puts $4.95
4/20/26 Apple (AAPL) 2500 Nov $275 calls bought $24.75
4/20/26 Broadcom (AVGO) 250 Oct $370 short puts open $35.25
4/20/26 Intel (INTC) 5000 May 29th (W) $53 short puts open 1.23
4/20/26 Marvell Tech (MRVL) buyers 1500 August $150 calls $21.30 to $22.30
4/20/26 Marvell Tech (MRVL) also opening sellers of 2300 May $155 ITM puts at $14.45
4/20/26 Semtech Crop (SMTC) size buys 3000 Sept $140 calls $11
4/20/26 ASML (ASML) 450 June 1160 short puts open at $14.60
4/20/26 Arm Holdings (ARM) buyers of 6000 May 1st $180 calls at $3.00 to $4.50
4/20/26 Jabil (JBL) odd buy far OTM May $370 calls 2300X for $3.20
4/20/26 Micron (MU) massive opening seller of 5500 Dec $370 puts at $52.65 to $52
4/20/26 Micron (MU) 10,000 May 29th $280 short puts open $1.80
4/20/26 Celestica (CLS) buyer 500 July $520 calls $21.90
4/20/26 Taiwan Semi (TSM) opening sale of 1000 May 22nd $360 puts for $14.10
4/20/26 Taiwan Semi (TSM) huge opening sale 5000 Dec $330 puts 28.75
4/20/26 Nvidia (NVDA) buyer 1000 Oct 280 calls 4.05
4/20/26 Nvidia (NVDA) massive adjustment rolls the 80K June $140 calls and buyers 80K June $170 ITM calls for $33.51