S&P Will Hit 8,000 — But Anthropic Will Decide the Outcome
$SPY$ S&P 8,000 isn't just a random headline. It's backed by recent positioning — a number of far-dated call options at the 800 strike have seen significant volume: $SPY 20270319 800.0 CALL$ $SPY 20260930 800.0 CALL$ $SPY 20270617 800.0 CALL$ These were opened at different times: early April, mid-April, and just a couple of days ago. Looking at the expirations, no one expects this to happen overnight — Q3 at the earliest. But at this pace, I wouldn't be surprised if SPY hits 800 by June. The catalyst behind this surge is simple — and I've mentioned it before: Anthropic's revenue da
$TVIX$ $UVIX$ By Lawrence G. McMillan The major indices are all enjoying a booming bull move to new all- time highs $SPX, $NDX, and $RUT (while the Dow is closing in on its highs as well). This display of strength has occurred in the face of potential geopolitical worries, which indicates that "the market" isn't too concerned with those. $SPX has strong support at 7000 -- the previous all-time highs -- as well as minor support at 7125 and 7050. The equity-only put-call ratios remain solidly bullish in their outlook for stocks. They continue to drop steadily and sharply. As long as they are declining, that is positive for the market. Breadth has been teetering on the verge of a sell signal,
By Lawrence G. McMillan Some traders prefer to see columns of numbers, and others—myself included—prefer to look at graphs or charts. A “profit graph” is a graph of the potential profits and losses from a position. With options, it is possible to describe most of the major strategies by the shape of their profit graphs. A simple example should be sufficient to demonstrate the concept. Example: Suppose that XYZ common stock is trading at 50, and the XYZ July 50 call is selling for 3, or $300. The profit table shown here details the potential profits and losses at various XYZ prices at July expiration. The same information is shown in the profit graph. The image below, which shows that this position has a limited loss on the downside and can make theoretically unlimited profits on the upside
Hello everyone! Today i want to share some trading ideas with you! 1 There's some decent premium on $Apple(AAPL)$ at put strikes in the 240-245 range for May 8 expiration. Will probs write a bunch of put contracts to play earnings today. 2 Still amazes me how this post didn't get more engagement. And now ... look ... $Alphabet(GOOGL)$ almost at $400. So much for listening to "furus" who just cover the hot stock at the moment in order to increase their followers or increase their X payout ... or pump their position so that they can exit and leave retail bagholding. Guaranteed not many folks were talking about $Alphabet
TRADE PLAN for LOTTO Friday 🔥 $S&P 500(.SPX)$ strong rally from 7125 to 7219 intraday. I told you just wait for Thursday this week, this is when the real trend will emerge. Lots of traders made a nice profit today. We can see another big day tomorrow as well. SPX May 1 7240C is best above 7200 $Advanced Micro Devices(AMD)$ strong breakout today.. AMD to 400 coming by June. I'd stay bullish tomorrow above 350. AMD May 1 355C is best above 352 $Micron Technology(MU)$down 10 after SNDK earnings, if it moves red to green tomorrow it can test 530. MU May 1 525C is best above 517
🎯🚀 $Silicon Motion (SIMO) Options Strategy ：Bull Call Ratio Spread
$Silicon Motion Technology(SIMO)$ - (Underlying): SIMO - (View): Cautiously Bullish, expecting a potential pullback from overbought conditions before resuming uptrend. Aim to profit from a continued rise but with a buffer for a short-term dip. - (Strategy Type): Debit Spread with Positive Theta & Negative Vega - (Option Contract Portfolio): - Buy 1x SIMO Jun 18, 2026 $210 Call - Sell 2x SIMO Jun 18, 2026 $230 Call - (Max Gain & Loss): - Max Gain: $1,000 per spread (if stock closes at $230 at expiration). Unlimited profit potential above $230 is capped by the two short calls. - Max Loss: Limited to the initial net debit. Loss occurs if stock falls below the lower breakeven point. - Breakeven Points: Lower B/E = $210 + Net De
$F5 Inc(FFIV)$ (Underlying): FFIV (View): Bullish continuation, targeting a test of the $345-350 resistance zone after a strong breakout. (Strategy Type): Debit Spread / Directional Bullish (Option Contract Portfolio): Buy 1 FFIV Jun18'26 $330 Call Sell 1 FFIV Jun18'26 $350 Call (Max Gain & Loss): Max Gain: $1,900 per spread ($20 spread width - $0.10 debit) Max Loss: $10 per spread (net debit paid) (Initial Cost/Credit): Debit of ~$0.10 per share ($10 per spread) (Greek Exposure) : Delta: +0.25 (Positive, bullish directional bias) Theta: -0.01 (Slightly negative, minimal daily time decay) Vega: +0.02 (Slightly positive, benefits from IV increase) Gamma: +0.01 Rho: +0.02 (Rationale): This strategy is optimized for the current bu
🎯 $Visa Inc. (V) Options Strategy : Bull Call Spread
$Visa(V)$ - Underlying: V - View: Bullish, targeting a move towards $350 after consolidation, but acknowledging short-term overbought RSI risk. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1x V May 15, 2026 $335 Call @ $5.40 (Mid) - Sell 1x V May 15, 2026 $350 Call @ $0.88 (Mid) - Max Gain & Loss: Max Gain = $10.60, Max Loss = $4.52 - Initial Cost/Credit: Debit of ~$4.52 - Greek Exposure (Simulated): - Delta: +0.37 (Moderate Positive) - Theta: -0.14 (Slight Negative) - Vega: +0.12 (Slight Positive) - Gamma: ~0.015 - Rho: ~0.03 - Rationale: This strategy is optimal for a "cautiously bullish" view. The blowout earnings and raised guidance provide a strong fundamental tailwind, but the extrem
$Lumentum(LITE)$ - Underlying: LITE - View: Cautiously Optimistic / Oversold Bounce. The stock has rebounded strongly from oversold levels and is testing key resistance at $860. The primary downtrend (per MACD) is not yet fully reversed, so the view is for a limited, consolidation-driven move higher rather than a full-blown breakout. - Strategy Type: Bullish Debit Spread / Directional with Positive Theta (if short leg is closer). - Option Contract Portfolio: - Buy 1x LITE Call, Strike $860, Expiry 2026-05-08 - Sell 1x LITE Call, Strike $880, Expiry 2026-05-08 - Max Gain & Loss: Max Gain = (880 - 860) - Net Debit. Max Loss = Net Debit Paid. - Initial Cost/Credit: Debit ~$7.25 (Estimated: Long $860 Call @ $72.30, Short $880 Call
$Centene(CNC)$ - (Underlying): CNC - (View): Cautiously optimistic, expecting a consolidation within the range of $49.63 (support) and $54.62 (resistance) with a bullish bias to test the upper bound. - (Strategy Type): Debit Spread / Directional Bullish - (Option Contract Portfolio): - Buy 1 CNC May 15, 2026 $53.00 Call @ $1.53 (Mid) - Sell 1 CNC May 15, 2026 $55.00 Call @ $0.565 (Mid) - (Max Gain & Loss): - Max Gain: $103 per spread (($55 - $53) - Net Debit) - Max Loss: $96.5 per spread (Net Debit) - (Initial Cost/Credit): Net Debit of ~$0.965 per share. - (Greek Exposure): - Delta: +0.32 (Positive, bullish directional exposure) - Theta: +0.005 (Slightly positive, benefits from time decay on the short leg) - Vega: -0.001 (Sligh
🎯 Intel Corp.(INTC) Options Strategy : Bull Put Spread
$Intel(INTC)$ - Underlying: INTC - View: Cautiously bullish in the short term, expecting consolidation or a shallow pullback from extreme overbought levels, with strong underlying momentum preventing a deep crash. - Strategy Type: Credit Spread / Defined Risk - Option Contract Portfolio: - Sell 1x INTC 19 Dec 2026 $85.00 Put @ ~$10.35 (Mid Price) - Buy 1x INTC 19 Dec 2026 $80.00 Put @ ~$5.10 (Mid Price) - Max Gain & Loss: Max Gain: $525 per spread. Max Loss: $475 per spread. - Initial Cost/Credit: Initial Credit: ~$5.25 (Debit is negative, Credit is positive) - Greek Exposure (Simulated): - Delta: ~+0.20 (Slightly positive, bullish) - Theta: ~+0.05 (Positive, benefits from time decay) - Vega: ~-0.02 (Slightly negative, benefits
1 Another Breakout with volume. $XMAX Inc.(XWIN)$ starts to launch to another higher plaform. 2 No change to wave-count, still w-4 to kill time. $S&P 500(.SPX)$ Given the structure, a lower low is expected after FOMC to 7000 zone. But, that would serve as a launch pad to next target. Waiting, with patience. It needs extreme on one direction to usher in the extreme to the opposite side. 3 MPW Mid-Week Update Posted: (1) not much has changed, and the market is still digesting the gains and looking upward. (2) price-wise, we are close to the target; but, time-wise, it still needs a couple of weeks. 😍 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance. 🎁 We
S&P Will Hit 8,000 — But Anthropic Will Decide the Outcome
$SPY$ S&P 8,000 isn't just a random headline. It's backed by recent positioning — a number of far-dated call options at the 800 strike have seen significant volume: $SPY 20270319 800.0 CALL$ $SPY 20260930 800.0 CALL$ $SPY 20270617 800.0 CALL$ These were opened at different times: early April, mid-April, and just a couple of days ago. Looking at the expirations, no one expects this to happen overnight — Q3 at the earliest. But at this pace, I wouldn't be surprised if SPY hits 800 by June. The catalyst behind this surge is simple — and I've mentioned it before: Anthropic's revenue da
$TVIX$ $UVIX$ By Lawrence G. McMillan The major indices are all enjoying a booming bull move to new all- time highs $SPX, $NDX, and $RUT (while the Dow is closing in on its highs as well). This display of strength has occurred in the face of potential geopolitical worries, which indicates that "the market" isn't too concerned with those. $SPX has strong support at 7000 -- the previous all-time highs -- as well as minor support at 7125 and 7050. The equity-only put-call ratios remain solidly bullish in their outlook for stocks. They continue to drop steadily and sharply. As long as they are declining, that is positive for the market. Breadth has been teetering on the verge of a sell signal,
By Lawrence G. McMillan Some traders prefer to see columns of numbers, and others—myself included—prefer to look at graphs or charts. A “profit graph” is a graph of the potential profits and losses from a position. With options, it is possible to describe most of the major strategies by the shape of their profit graphs. A simple example should be sufficient to demonstrate the concept. Example: Suppose that XYZ common stock is trading at 50, and the XYZ July 50 call is selling for 3, or $300. The profit table shown here details the potential profits and losses at various XYZ prices at July expiration. The same information is shown in the profit graph. The image below, which shows that this position has a limited loss on the downside and can make theoretically unlimited profits on the upside
TRADE PLAN for LOTTO Friday 🔥 $S&P 500(.SPX)$ strong rally from 7125 to 7219 intraday. I told you just wait for Thursday this week, this is when the real trend will emerge. Lots of traders made a nice profit today. We can see another big day tomorrow as well. SPX May 1 7240C is best above 7200 $Advanced Micro Devices(AMD)$ strong breakout today.. AMD to 400 coming by June. I'd stay bullish tomorrow above 350. AMD May 1 355C is best above 352 $Micron Technology(MU)$down 10 after SNDK earnings, if it moves red to green tomorrow it can test 530. MU May 1 525C is best above 517
Hello everyone! Today i want to share some trading ideas with you! 1 There's some decent premium on $Apple(AAPL)$ at put strikes in the 240-245 range for May 8 expiration. Will probs write a bunch of put contracts to play earnings today. 2 Still amazes me how this post didn't get more engagement. And now ... look ... $Alphabet(GOOGL)$ almost at $400. So much for listening to "furus" who just cover the hot stock at the moment in order to increase their followers or increase their X payout ... or pump their position so that they can exit and leave retail bagholding. Guaranteed not many folks were talking about $Alphabet
$NVDA$ For the first time in nine months, NVDA looks ready to break into a new range. We're now in the phase of testing the upper bound — expectations point to 225–235. Given NVDA's massive market cap, a 10–20% surge isn't exactly typical. That makes selling puts a more comfortable way to chase the move. The strike depends on your risk tolerance. $AMD$ AMD should hit 400 this year. Pullbacks are good entry points. Right now, the bears are targeting the 5-day moving average at 310 and the gap at 300. If this were last year's market, I'd say AMD would either rally into earnings or hold 330 in a tight range, then pull back post-print — a perfect entry opportunity. But after Intel's earnings, those old rules may not apply. That said, Friday's jump likely priced in much of the upside. So the po
Unexpected Earnings Disclosure: OpenAI Roils the Chip Sector
Tonight's price action says it all. The sell-off stems from a rumor about OpenAI's performance — specifically, that the company missed its internal revenue target for the first quarter. That's awkward. Competitors Google and Anthropic are both seeing growth. Only OpenAI is stagnating. If Google and Anthropic fail to deliver results this year, the US market would be looking at a crash far worse than tonight's move. All things considered, tonight's drop isn't that severe. This OpenAI revenue news is essentially a mini-earnings report. Barring surprises, we're likely to see this same dynamic repeat next quarter. On the flip side, we could also see a similar repeat of the Anthropic growth narrative. The biggest issue from OpenAI's miss: the company pre-booked massive data center capacity. If r
$VIX$ A large VIX call order hit Tuesday: the 28 strike $VIX 20260519 28.0 CALL$ — 119.6k contracts, $11.48M in premium. A bet of this size implies a sharp, gap-filling move lower in the broader market. In theory, regional conflicts are winding down. The only thing Trump might be missing this time around — compared to 2025 — is that he never got to shout "buy" before the market did it on its own. But triggering a selloff just so he can make a speech? That sounds ridiculous. I'd rather believe someone else has an unknown reason to hedge with volatility. Another less clear VIX call: the 24 strike $VIX 20260722 24.0 CALL$ . The print landed right in the bid-
$INTC$ Selling premium in this market is tricky — you never know which stock will catch a hot narrative and get flooded with retail flow. Looking at recent chip earnings, even good expectations aren't enough if the numbers fall short. Intel's earnings should be solid, with full-year guidance likely raised. But some of the run-up is already priced in. Selling puts is still the safer approach — consider the 60 strike $INTC 20260424 60.0 PUT$ . There were quite a few 50-strike puts positioned for a pullback. But given the current CPU hype, 50 will attract strong dip-buying. Most put flow seems to have abandoned the 50 target, shifting focus to the 55–60 range. Earnings could still produce a sell-off. That said, I wouldn't rec
$Leverage Shares 2X Long CNC Daily ETF(CNCG)$ - Underlying: CNCG - View: Cautiously Bullish (Expecting a continuation of the momentum towards the 52-week high, with an acknowledgment of overbought RSI suggesting potential for a pullback/consolidation first). - Strategy Type: Bullish Debit Spread / Directional - Option Contract Portfolio: - Buy 1 Call: $20.00 Strike, Expiry 2026-05-15 (Mid Price: ~$1.975) - Sell 1 Call: $22.00 Strike, Expiry 2026-05-15 (Mid Price: ~$0.45) - Max Gain & Loss: - Max Gain: $0.575 per spread (($22 - $20) - $1.525 net debit) = $57.5 per spread. - Max Loss: Limited to the net debit paid: ~$1.525 per spread = $152.5 per spread. - Initial Cost/Credit: Net Debit: ~$1.525 per spre
$Intuit(INTU)$ - Underlying: INTU - View: Cautiously optimistic for a short-term, oversold bounce. The stock is considered undervalued with building bullish momentum (positive MACD histogram, neutral RSI), but faces immediate resistance. The view is for a move towards the $410-$420 zone. - Strategy Type: Debit Spread / Directional Bullish - Option Contract Portfolio: - Buy 1x INTU 5 May 2026 $400 Call - Sell 1x INTU 5 May 2026 $410 Call - Max Gain & Loss: - Max Gain: ($410 - $400) - Net Debit Paid = $10 - $1.40 = $8.60 per spread - Max Loss: Limited to the net debit paid = $1.40 per spread - Initial Cost/Credit: Net Debit of ~$1.40 (using mid-prices: $9.50 - $4.75 = $4.75; adjusted for near-term expiry
$CVB.AU$ By Lawrence G. McMillan The major indices are on a roll, with S&P 500 ($SPX; SPY), NASDAQ-100 ($NDX; QQQ) and now Russell 2000 ($RUT; IWM) all making new all-time highs simultaneously. Back in January and February, $SPX made a new all-time high by a few points on several occasions, but it was never able to put together a strong breakout rally as follow-through. Eventually, that was onerous, and the market fell. But now it appears to be adding to the breakout gains, which is a very positive sign. Technically, there should now be support at 7000 (the old highs). It would be disappointing to see $SPX trade back below 7000 now, but if it did, there should be support at 6800, and then at the bottom of the gap near 6600. There is no
🎯🚀 $Silicon Motion (SIMO) Options Strategy ：Bull Call Ratio Spread
$Silicon Motion Technology(SIMO)$ - (Underlying): SIMO - (View): Cautiously Bullish, expecting a potential pullback from overbought conditions before resuming uptrend. Aim to profit from a continued rise but with a buffer for a short-term dip. - (Strategy Type): Debit Spread with Positive Theta & Negative Vega - (Option Contract Portfolio): - Buy 1x SIMO Jun 18, 2026 $210 Call - Sell 2x SIMO Jun 18, 2026 $230 Call - (Max Gain & Loss): - Max Gain: $1,000 per spread (if stock closes at $230 at expiration). Unlimited profit potential above $230 is capped by the two short calls. - Max Loss: Limited to the initial net debit. Loss occurs if stock falls below the lower breakeven point. - Breakeven Points: Lower B/E = $210 + Net De
$Lumentum(LITE)$ - Underlying: LITE - View: Cautiously Optimistic / Oversold Bounce. The stock has rebounded strongly from oversold levels and is testing key resistance at $860. The primary downtrend (per MACD) is not yet fully reversed, so the view is for a limited, consolidation-driven move higher rather than a full-blown breakout. - Strategy Type: Bullish Debit Spread / Directional with Positive Theta (if short leg is closer). - Option Contract Portfolio: - Buy 1x LITE Call, Strike $860, Expiry 2026-05-08 - Sell 1x LITE Call, Strike $880, Expiry 2026-05-08 - Max Gain & Loss: Max Gain = (880 - 860) - Net Debit. Max Loss = Net Debit Paid. - Initial Cost/Credit: Debit ~$7.25 (Estimated: Long $860 Call @ $72.30, Short $880 Call
🎯 $UnitedHealth Group (UNH) Options Strategy : Bull Put Spread
$UnitedHealth(UNH)$ - Underlying: UNH - View: Cautiously Bullish (Short-term overbought, expecting consolidation with a bullish bias towards $388 target, but aware of RSI >95 risk) - Strategy Type: Credit Spread / Defined Risk, Positive Theta - Option Contract Portfolio: - Sell 1 UNH Put @ $365 Strike (Exp: 2026-05-08) - Buy 1 UNH Put @ $360 Strike (Exp: 2026-05-08) - Max Gain & Loss: Max Gain = Net Credit Received; Max Loss = ($365 - $360) - Net Credit - Initial Cost/Credit: Net Credit (Estimated ~$1.50 - $2.00 per spread, based on chain data) - Greek Exposure (Simulated): - Delta: ~+0.15 to +0.20 (Slightly positive, bullish) - Theta: Positive (~+0.02 to +0.04 daily, per spread) - Earns from time decay. - Vega: Slightly Nega
🎯Edesa Biotech (EDSA) Options Strategy : Bull Put Spread
$Edesa Biotech(EDSA)$ - Underlying: EDSA - View: Bullish but expecting a volatile pullback/consolidation; aiming to profit from the stock staying above a lower support level. - Strategy Type: Credit Spread / Defined Risk / Positive Theta - Option Contract Portfolio: - Sell 1 EDSA Put Option (Expiry: ~30-45 days out) with a strike of $11.00 (near key support and analyst target). - Buy 1 EDSA Put Option (Same Expiry) with a strike of $9.00 (providing downside protection). - Max Gain & Loss: - Max Gain: Net Credit Received. (e.g., ~$0.80 per share). - Max Loss: Width of Spread ($11.00 - $9.00 = $2.00) minus Net Credit. (e.g., $2.00 - $0.80 = $1.20 per share). - Initial Cost/Credit: Initial Net Credit (e.g., +$80 per spread). - Gre