In the past few days, Bloomberg published an article titled Mystery Options Buyer Bets Some $3 Billion on US Stock Rally. The Chinese translation reads: A mysterious options buyer bets about $3 billion on a U.S. stock market rally.The article highlights that Nomura strategists have identified substantial open interest in long-dated call options on several tech stocks over the past month. How long-dated? Specifically, options expiring in June 2027. According to their calculations, the total premium paid for these options amounts to nearly $3 billion.In their client report, Nomura's cross-asset strategists provided examples of three stocks: Amazon, Salesforce, and ARM Holdings. The options buyer spent $316 million on at-the-money options for Amazon, $159 million for Salesforce, and $878 mill

Conclusion First:145 is a relatively important threshold. Options large orders betting on the earnings report primarily revolve around strategies targeting whether the stock will exceed 145 or stay below 145.For the week of June 6th (next week’s expiration week), implied volatility might surpass this week’s levels, and there could be significant price swings.The earnings expectations are relatively transparent. If the disclosed earnings match the known information, the stock price is likely to rise post-earnings but will most likely pull back afterward. A sell put strategy remains the most stable.Earnings OverviewThe earnings data this time is fairly ordinary, with bullish and bearish factors being relatively transparent. Revenue is expected to meet forecasts, but there may not be a notabl

$NVIDIA(NVDA)$ The post-earnings pullback didn’t wait a single day—it started immediately. The target for this pullback is $120, which corresponds to the May 9th negotiation gap. However, it’s uncertain whether the pullback to $120 or $130 will occur during the week of June 6th.Overall, it seems reasonable to expect a return to pre-negotiation levels. After all, Trump’s sudden reversal today, accusing China of breaching the agreement, essentially nullifies the progress of the past two weeks.Some notable large orders:"200 Million Guy" rolls his position:Closed the June 20th $120 call and rolled into the September 19th $130 call:Sell to close $NVDA 20250620 120.0 CALL$ , buy

Hello everyone! Today i want to share some option strategies with you!1.Adobe & Restoration Hardware release earnings after the closing bell tomorrow. Here are our optionselling trades. $Adobe(ADBE)$ had double-digit drops the past two earnings releases, and negative moves the past three earnings releases. Expected move is ~7%. You'd think that at some point they'll produce positive earnings results and have a post-earnings pump. Maybe this is that time.Am targeting the 350 and 330 put strikes, June 13 expiry. Writing one contract each to manage buying power in portfolio. $RH(RH)$ ... talk about a fall from grace! That said, maybe the fall has it at a good spot for a reversal. Volume cluster support see

Hello everyone! Today i want to share some option strategies with you!1.Took us a while to adopt this point of view. We would trade (or not trade) in order to make sure we pushed out green weeks each week. But sometimes the market dictated we take losses now in order to set us up for a better situation down the road, but we would ignore it because taking a loss meant producing a red week ... and we didn't want to show that on the P/L.It has been much better to not trade for the weekly or monthly P/L, but instead to trade for what the market is doing and giving each day each week.Optionselling account comeback confirmed we made the right decision. As you said, trade the market ... not your P/L.Image2. $La-Z-Boy(LZB)$ declares earnings after the bell

$iShares 20+ Year Treasury Bond ETF(TLT)$ On Wednesday afternoon, a 20-year U.S. Treasury auction encountered some issues. Weak buyer demand pushed the 30-year Treasury yield above 5%, nearing its highs from Q4 2023.Notably, before the auction, at 10 a.m. EST, with TLT trading around $84.9, a large volume of $TLT 20250627 83.5 CALL$  expiring June 27 was opened. After reviewing the trade details, it was clear that this in-the-money call option was sold.Without a doubt, this is an insider-driven large order.Typically, if one expects a price decline, buying puts might seem like the better choice. However, based on TLT's price chart, the stock is already near its bottom. Comparing the

Hello everyone! Today i want to share some option strategies with you!1. $Tesla Motors(TSLA)$ Trade idea: TSLA June 13 310CTrigger: 300 ✅ Targets: 309,325 🎯 Stop: 129 🛑 Last Week Recap:TSLA closed at $295.14 on Friday. After a solid run into the 300s early last week, it couldn’t hold above that level and faded back under 296 by the close. The stock is still stuck in a broader range between 276 and 300.Key Levels to Watch:Support: 283-290 zone — TSLA has bounced here a few times recently. Below that, 276 is a key downside level.Resistance: 300-309 is the area TSLA needs to clear to see a bigger move toward 325-334.What I’m Watching This Week:TSLA needs to reclaim and hold above 300 to get momentum going again. If it can base above that level early

$NVIDIA(NVDA)$ Next week’s target: 140.On Thursday, May 15th, $NVDA 20250516 132.0 PUT$  saw 58,000 contracts opened, with most of the activity leaning toward buying. The total transaction value was over $1.7 million, indicating that traders are expecting a pullback to 132 by Friday.From the transaction details, the 132 put was bought at NVIDIA’s intraday high. Combined with the transaction size, this suggests that the trader has high confidence in a pullback.However, since everyone is now anticipating a pullback to enter bullish positions, the market rarely aligns with such expectations. I think there’s a higher probability of the stock closing flat.Even if the stock doesn’t pul

$PDD Holdings Inc(PDD)$ The earnings report this time caused a drop far exceeding market expectations, with the price falling below 100—an unexpected event. From a bottom-fishing perspective, 90 is widely recognized as a support level. However, considering the recent overall weak performance of Chinese stocks, it’s better to observe for two more days before executing large trades.Why was the drop worse than expected? Before this earnings report, the bearish large orders mainly consisted of two types: hedging-based bearish positions and single-leg sell calls. These showed a somewhat negative outlook for the stock price but not a fully bearish stance. Among them, the single-leg sell call involved selling the

Hello everyone! Today i want to share some option strategies with you!1. $GitLab, Inc.(GTLB)$ has earnings tomorrow after market close. Expected move is ~13% .We want shares of GTLB and will be #Optionselling a DCA-laddered approach on CSPs.- 38 put strike, June 13 expiry- 37.5 put strike, June 20 expiry- 35 put strike, June 20 expiryWill roll strikes down-and-out if GTLB drops and it looks like we can get better entry for assignment.Am also looking at buying a call debit spread and/or strangling the trade by writing naked calls at the 70 call strike June 13 expiry.ImageImage2.Speaking of optionselling ITM puts on $Tesla Motors(TSLA)$ ... took this trade today. Wrote the June 13 expiry $307.5 strike puts.

$NVIDIA(NVDA)$ AVGO's earnings report looks good, at least from the perspective of institutions. The data might drive AI concept stocks higher, which has led institutions to roll over their sell calls on NVIDIA to next week and even raise the sell call strike price to 148.However, similar to NVIDIA's earnings report, it's better not to chase the rally after AVGO's earnings. $SPDR S&P 500 ETF Trust(SPY)$ The bearish exposure looks bad. As expected earlier, there may be a pullback in the near term.

$NVIDIA(NVDA)$ On May 19, during the opening of the Taipei International Computer Expo, NVIDIA CEO Jensen Huang delivered a keynote speech. The speech did not reveal any major surprises: it mainly reiterated the company’s focus on AI communication infrastructure (e.g., NVLink Fusion) and long-term projects (e.g., robotics and Omniverse). Although the U.S. Department of Commerce's restrictions may have short-term impacts, the bearish factors are clear, and the company is expected to accelerate growth again in the second half of the year.As for next week’s earnings report, the bearish factors are also clear. Morgan Stanley analysts noted that they expect investors to anticipate a slight beat in Q2 earnings, with guidance remaining flat or slightly i

$Apple(AAPL)$ The market as a whole has rebounded to pre-tariff levels. However, not all tech stocks have received the same treatment. For instance, Apple saw a significant sell order of 26,000 contracts for the June-expiring 240 call option ($AAPL 20250620 240.0 CALL$ ) on Friday.The 240 level carries some significance—it was the price level prior to the U.S. stock market crash on March 10. On that day, concerns about the health of the U.S. economy shifted investor risk preferences, and the dollar index fell to its lowest point since November of last year. $NVIDIA(NVDA)$ Microsoft's positive earnings report helped the market rebound to

$NVIDIA(NVDA)$ Based on options open interest, there’s little consensus on downside support for the week of June 13. It’s likely to either stabilize above 140 or drop significantly.Institutional sell call ranges are concentrated between 148 and 150. $SPDR S&P 500 ETF Trust(SPY)$ The S&P’s performance next week is expected to mirror NVIDIA's. Long-term bullish positions have seen little activity lately, and the market seems to be in a "take it one day at a time" mode.On Thursday, the public spat between Musk and Trump triggered a pullback expectation for SPY, with a target of 570. However, a continued consolidation is more probable unless some unexpected news emerges.

For fundamentally stable stocks like NVIDIA, while bears and bulls often battle it out, most of the time the market tends to settle on a consensus for the expected trading range, maintaining both bullish and bearish views within a certain zone.However, starting last week around Labor Day, NVIDIA began showing some signals that diverged from the mainstream market sentiment. The dominant expectation in the market is that NVIDIA will fluctuate around $110 until May 16 (monthly option expiration). Yet, some bullish large orders suggest that NVIDIA may experience a move above $115 before the earnings report.Typical recent bullish large orders are mostly focused on May 23 expiration, and are all single-leg positions:Buy $NVDA 20250523

Hello everyone! Today i want to share some option strategies with you!1.Been working on a spreadsheet trying to reconcile numbers. Gonna take a break and look at #Optionselling trades for today ... pre-earnings plays on:- $Broadcom(AVGO)$ June 13 expiry, 190 put strike- $Braze, Inc.(BRZE)$ June 20 expiry, 27.5 put strike- $Samsara, Inc.(IOT)$ June 13 expiry, 35 put strike- $Rubrik Inc.(RBRK)$ June 20 expiry, put strike in 60-65 range- $Docusign(DOCU)$ June 13 expiry, put strike in 70-75 range- $Petco Health and Wellness Company, Inc.(WOOF)$<