Beware of Pullbacks on Thursday and Friday

$Beyond Meat, Inc.(BYND)$

Checked the news—the stock surged due to expanded distribution channels with Walmart. However, even with more channels, products that don’t taste good still won’t sell well.

Sorted by positions, both bulls and bears are placing aggressive bets in the options market. But at the current price level, I feel the battle could be decided as early as tomorrow.

Interestingly, the most opened call option is the 40 call $BYND 20251219 40.0 CALL$ , but it’s not one-sided—both buyers and sellers are active. I lean more toward the sell side, although today might not be the best timing to sell.

$Tesla Motors(TSLA)$

Overall, expectations aren’t high. There’s a large short position in the 445 put expiring this week $TSLA 20251024 445.0 PUT$ .

$NVIDIA(NVDA)$

There are some expectations for a pullback this week, with active buying in longer-term puts $NVDA 20260220 130.0 PUT$  $NVDA 20260320 145.0 PUT$  $NVDA 20260220 135.0 PUT$ .

There’s anticipation of a pullback to 170 or even 165 $NVDA 20251024 170.0 PUT$  $NVDA 20251024 165.0 PUT$ . Holders of the underlying stock should consider protective strategies like covered calls or collars.

$SPDR S&P 500 ETF Trust(SPY)$

SPY could experience sharp pullbacks on Thursday and Friday, targeting 654, with particular attention needed on Thursday $SPY 20251023 654.0 PUT$  $SPY 20251023 651.0 PUT$  $SPY 20251023 643.0 PUT$  $SPY 20251024 644.0 PUT$ .

$Taiwan Semiconductor Manufacturing(TSM)$

At today’s open, there was a large bearish order—buying the 290 put $TSM 20251128 290.0 PUT$ . Volume reached 11.2k contracts, with a transaction value of approximately 12 million+.