Topics covered:
1) 0:00 Announcements
2) 0:30 Market Commentary and Index Review
3) 9:50 Stock Review – Aerospace/Defense: UFO (ETF), RKLB, ASTS, VSAT, RDW, ATRO
4) 11:40 Stock Review – Semiconductors and Data Storage: SMH (ETF), NVDA, AVGO, TSM, ARM, KLAC, AMAT, VECO, MRVL, UCTT, TER, AEHR, TSEM, ON, CRDO, MTSI, Q, MU, STX, WDC, SNDK
5) 16:40 Stock Review – Electronic/Energy/Data Center related: LITE, COHR, GLW, JBL, VRT, AAOI, MOD, CLS, TTMI, POWL, BE, HUT, SIMO, FLEX, ATI, BHE
6) 21:10 Stock Review – Biotech/Medical: XBI (ETF), EWTX, IMVT, ARWR, GH, LQDA, URGN, VCYT, AXSM
7) 23:10 Stock Review – Others/General Ideas/Commentary: MPC, HNGE, DELL, NBIS, CRWV, IREN, ALAB, SPHR, DOCN, FROG, GOOGL
8) 26:10 Conclusion/Summary

Market Summary:
After the market decline on Friday, June 5th, I mentioned that we were likely to see the major indexes visit their 50-day moving averages over the near-term. It happened quickly last week as the Nasdaq Composite dropped to its 50-day on Tuesday, June 9th. That same day, the Nasdaq 100 and S&P 500 bounced off their respective 10-week moving averages. I immediately sent a Market Note to Members discussing how the major indexes bounced off support and how I put some money to work in some of the stocks showing great relative strength. I also explained in the MidWeek Video how many market participants rushed for the exits last week and presented many bullish sentiment statistics (from a contrarian point of view).

From here, I am expecting the remainder of the month to be volatile due to the many factors I discussed in this video. The main one is the index rebalancing that occurs later this month. Of course, anything can happen, but I am still expecting volatility. Overall, I wouldn’t get too bearish with the Russell 2000 and S&P MidCap 400 closing at new highs last Friday. Also, during the stock screening webinar on Saturday, I discussed how many Semiconductor stocks continue to act well. As always, I encourage members to make your own decisions based on your timeframe, risk tolerance, and overall investment plan. Thank you and good luck this week. Also, a reminder that the next MidWeek Video will be posted this Tuesday, June 16th by 8PM EST due the markets being closed in the US for the Juneteenth holiday on Friday, June 19th.

Unusual Options Activity:
6/12/26 Nasdaq 100 ETF (QQQ) buyer 27,500 Dec $800 calls at $26.21 and sells 27K of the June 2027 $865 calls at $30.91
6/12/26 Semiconductors ETF (SMH) 1800 July $615 calls bought for $8M
6/12/26 Semiconductors ETF (SMH) buyer of 2500 Sept $620 calls at $64 for $17M
6/12/26 Emerging Markets ETF (EEM) over 32,000 Dec $45 short puts sell for $0.90
6/12/26 Silver (SLV) opening sales of 3000 July $59 puts at $2.76 bids
6/12/26 Silver ETF (SLV) 4000 Dec 31st $130 calls bought at $1.04
6/12/26 Tesla (TSLA) July 10th (W) $410 calls bought 10,000X up to $22.1
6/12/26 Tesla (TSLA) 1500 Dec 2028 $650 calls bought at $83.45 for $12M, adjusting Nov $700 calls
6/12/26 JP Morgan (JPM) opening sales of 900 August $320 puts at $15.70
6/12/26 Intuitive Surgical (ISRG) buyer 500 July $420 calls at $14.60
6/12/26 UnitedHealth (UNH) opening seller of 300 June 2027 $460 puts at $82.85
6/12/26 Eli Lilly (LLY) opening seller of 1250 July 2nd $1130 puts at $28
6/12/26 Insmed (INSM) 2000 Jan $75 short puts open $7.40
6/12/26 Abivax (ABVX) 900 Dec $100 calls bought $28
6/12/26 TG Therapeutics (TGTX) opening seller of 1000 Jan 2028 $70 puts at $25.20 to $24.60
6/12/26 Bloom Energy (BE) opening sale of 1238 Aug $100 puts at $2.23
6/12/26 EchoStar (SATS) July 24th (W) $115 puts sell to open 11.40 to 11.18
6/12/26 EchoStar (SATS) 4000 July $80 puts sell to open $1.60 to $1.00
6/12/26 Howmet Aerospace (HWM) 880 Sept $230 short puts opening $8 to $7.90
6/12/26 GE Aerospace (GE) July $350 calls buying 3000 at $10.67 as June $320 adjust
6/12/26 GE Aerospace (GE) 1200 August $260 puts sell to open $2.13
6/12/26 Rocket Lab (RKLB) buyer of 1000 August $125 calls at $11.85
6/12/26 Snowflake (SNOW) buyers of 800 Jan 2028 $310 calls at $57 to $59
6/12/26 Service Now (NOW) opening seller 2000 March $110 puts at $25.80
6/12/26 HP Enterprise (HPE) buyer 2000 Jan $60 calls 7.35 offer
6/12/26 Microsoft (MSFT) buyer 14,500 Sept 450/530 call spreads for 7.36
6/12/26 Microsoft (MSFT) 20,000 August $480 calls buy 4.40 to 4.50
6/12/26 Nokia (NOK) 4000 July 24th $17 calls buy $1 to $1.10
6/12/26 IREN (IREN) 1000 Sept $37 puts sell to open $3.30
6/12/26 Vertiv (VRT) buyer 800 August $310 calls 34.65
6/12/26 Google (GOOG) buyer 500 Dec 2028 $365 calls at $98.50
6/12/26 Intel (INTC) massive buyer of 63,500 Sept $97.50 ITM calls at $38.05 in a single block
6/12/26 Broadcom (AVGO) buyer 1000 March $580 OTM calls for 22.40
6/12/26 Marvell Tech (MRVL) buyers 2000 August $250 calls $58.45 to $62.40
6/12/26 Marvell Tech (MRVL) opening sales 2000 Sept $320 ITM puts $80.30
6/12/26 Lam Research (LRCX) 1500 Sep 410/450 call spreads buy
6/12/26 Lam Research (LRCX) buyers 1000 July $460 calls at $9.30 to $10
6/12/26 KLA Corp (KLAC) 500 June 2027 $200 calls buy at $94.25
6/12/26 KLA Corp (KLAC) buyer of 337 August $250 calls at $33.30
6/12/26 KLA Corp (KLAC) also 500 August $320 calls buy at $12.40
6/12/26 Arm Holdings (ARM) buyers of 1300 July $500 calls at $13 to $14
6/12/26 Amkor (AMKR) 2000 July $80 calls buying 8.10 offer
6/12/26 On Semi (ON) 600 Dec 80 short puts open 7.65
6/12/26 Corning (GLW) massive buy 6700 Sept 140 ITM calls at $50
6/12/26 Flex Ltd. (FLEX) 300 Oct $155 ITM puts sell to open 28.1
6/12/26 Sandisk (SNDK) roll of 400 Jan $1750/$1900 call spreads to the $2500 strike
6/12/26 Taiwan Semi (TSM) 6000 July $420 calls bought for $20M with June 400 adjustments
6/11/26 S&P 500 ETF (SPY) opening sale 10K July $724 puts for $13.05
6/11/26 S&P 500 ETF (SPY) 5000 July $760 puts sell to open $29.48
6/11/26 Nasdaq 100 ETF (QQQ) over 6000 Sept 30th $710 calls bought at $40 to $49
6/11/26 Industrials ETF (XLI) 2970 July 10th (W) $175 calls buy 3.10
6/11/26 Software IGV (IGV) opening sale 1500 March $90 puts $10.55
6/11/26 Gold ETF (GLD) 5000 March 500/600 call spreads bought
6/11/26 Uranium ETF (URA) 2500 Jan 2028 $40 short puts open for $8.68
6/11/26 Natural Gas ETF (UNG) 2500 Oct $10 calls buy 2.04 to 2.07
6/11/26 JP Morgan (JPM) buyer 500 Oct $310 calls $21.70
6/11/26 Bank America (BAC) buyer 1500 July 2027 $55 calls $7
6/11/26 Baker Hughes (BKR) 740 Oct $65 short puts open 6.40 bids ITM
6/11/26 Constellation Energy (CEG) buyer of 1500 Sept $280 calls at $14.89
6/11/26 Eli Lilly (LLY) 350 Sept $1140 short puts opening $89.35
6/11/26 Madrigal Pharma (MDGL) opening seller 420 Jan $400 puts for $43
6/11/26 Revolution Medicines (RVMD) 400 July 145 calls bought
6/11/26 Rocket Lab (RKLB) OTM July $160 calls bought $3.20 3500X
6/11/26 Rocket Lab (RKLB) buyer of 500 August $55 deep ITM calls at $56.72
6/11/26 Iridium Communications (IRDM) buyer 1000 July $55 calls $2.80 adjusts June 50
6/11/26 Alibaba (BABA) opening seller of 3000 March $100 puts at $9.80
6/11/26 Amazon (AMZN) 1000 June 2028 $400/$210 bull risk reversals open for a net credit
6/11/26 Amazon (AMZN) 2000 Aug 255 calls buy 11.25
6/11/26 Dell (DELL) opening sales of 450 August $340 puts at $27.50 bid
6/11/26 Digital Ocean (DOCN) 690 Jan 2028 $115 short puts opening $32 to $31.50 for $2M
6/11/26 CrowdStrike (CRWD) 800 August $540 short puts open $13.55
6/11/26 Datadog (DDOG) opening sales of 950 Oct $180 puts at $12.70
6/11/26 CoreWeave (CRWV) size buy 400 Dec 2028 $95 calls $49 to $49.3
6/11/26 Powell Industries (POWL) 270 Aug 286.67 calls bought $47
6/11/26 Modine Manufacturing (MOD) buyer 500 July $210 calls $67.10
6/11/26 Intel (INTC) 2700 Oct $75 short puts open for 5.15
6/11/26 Broadcom (AVGO) buyers 1000 June 2027 $700 calls at $19.30 to $19.50
6/11/26 Broadcom (AVGO) over 10k July $500 calls buying $1.25 to $1.35
6/11/26 ASML Holding (ASML) opening seller 250 Jan 2028 $1900 ITM puts at $502
6/11/26 Lam Research (LRCX) 300 June 2027 $380/$290 bull risk reversals open
6/11/26 MKS Instruments (MKSI) buyer of 500 Dec $340/$490 call spreads
6/11/26 ST Micro (STM) buyer 3000 July $75 calls 7.25 adjusts some June 70
6/11/26 Amkor (AMKR) 1500 August $65 short puts opening 7.40 to 7.20
6/11/26 Camtek (CAMT) buyer 1000 July $250 calls 2.40
6/11/26 Celestica (CLS) 1700 August $390 calls bought for $10M as $450 adjust
6/11/26 Corning (GLW) buyers of 800 August $120 ITM calls at $57.25 to $58.23
6/11/26 Western Digital (WDC) opening seller 500 July $510 puts at $51.60