To The Moon

$TVIX$ $UVIX$ $DECP$  By Lawrence G. McMillan After the monster rally of 400 points in just a few days in early August, $SPX took a few days to consolidate. Now it is making new all-time highs once again. There should be some support in that consolidation area (7700-7800), with stronger support at the old highs (7620). There is also a gap at the 7600 level which would act as support as well. There has been a good deal of reluctance on the part of the investment community to climb on board this northbound train. But it finally looks like put buying is slowing down, and the rally is spreading out to more and more issues (i.e., breadth is improving).

TRADE PLAN for LOTTO Friday 🔥 $S&P 500(.SPX)$ printed a new all time high at 7817 today but failed to close above the 7800 resistance. It looks like SPX is winding up for a move to 8000. Calls can work above 7800 for tomorrow. Lots of strength in the NASDAQ- $Invesco QQQ(QQQ)$ today too. QQQ got through the 728 resistance. If it holds 728 into next week.. 748 in play before August ends. $Micron Technology(MU)$ got through 930 today and ran to 978. MU to 1000 should come as long as 930 holds over the next few trading days. Calls can work above 950 tomorrow. $San

TRADE PLAN for Thursday 📈 $S&P 500(.SPX)$ all eyes on 7800 this month, once it gets through 8000 comes fast. The NASDAQ- $Invesco QQQ(QQQ)$ has lots of room to catch up since SPX already broke the all time highs.. We're going to see a rotation back into Chip and memory stocks in the near future. When it does $Invesco QQQ(QQQ)$ will run to 748 very quickly. QQQ through 748 will set up for a multi week rally to 800 $Micron Technology(MU)$ to 1250 coming once it gets back above 1000. 930 is a breakout level for tomorrow, watch to see if it can get through.. If

Hello everyone! Today i want to share some option strategies with you! 1 Told ya ... $NEBIUS(NBIS)$ moved in sympathy with $CoreWeave, Inc.(CRWV)$ ‼️ Let's see what $NEBIUS(NBIS)$ reports tomorrow in pre-market. Either we get more good news and a continued price pump on NBIS and CRWV ... or we get a dump on NBIS and maybe it affects CRWV. We shall see. 2 $Cerebras Systems(CBRS)$ announces earnings after the closing bell on Wednesday. Expected move is 11%. We're writing an #Optionselling strangle on this. - Targeting that 160 bottom for puts (both naked and C

$S&P 500(.SPX)$ just made new ATHs while $Invesco QQQ(QQQ)$ is still stuck. History says we crash 20% from here. But here’s why we don’t 👇 This EXACT divergence has happened 3 times before. Once it led to a multi-year bull run. Twice it preceded 20%+ crashes. How could the same setup have such different results? Here's how to tell which one you're dealing with: 🐻 2007 & 2018: One tired sector carried the index to its final high. Narrow leadership, no confirmation underneath. Both topped within months 🐂 2013: $S&P 500(.SPX)$ broke out while $Invesco QQQ

Hello everyone! Today i want to share some option strategies with you! 1 Our optionselling trades on $Rocket Lab USA, Inc.(RKLB)$ to play earnings. - Writing covered call, Aug 21 $105 strike - Writing naked calls, Aug 14 $120 strike - Debating writing the Aug 21 $45 strike puts 🤔 2 Two big names in the AI space report earnings after the close tomorrow ($CoreWeave, Inc.(CRWV)$ in AH and $NEBIUS(NBIS)$ in PM). Expected move for both tickers is ~12%. Lots of retail folks playing both these names, and tutes know it. These companies operate in the same market space, and yet CRWV hasn't seen the love like NBIS has recentl

TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ just finished up a 4th day of consolidation above 7700. The market may not break out of this current range until after CPI data premarket on Wednesday. MOST likely we see another range day tomorrow so just wait until we see CPI data before trading this week. SPX needs through 7800 to test 8000. $Micron Technology(MU)$ every pop higher gets sold near/above 900 the past week. Until we see MU close above 900 and hold for at least 3 trading days, Avoid trading the upside for it. $Invesco QQQ(QQQ)$ all time high is at 748. QQQ closed at 720.87 today. QQQ can trade in a wide range

Hello everyone! Today i want to share some 1 $S&P 500(.SPX)$ TRADE PLAN 📈 📉 SPX bullish plan: SPX above 7759 | SPX Aug 12 7800C 📈 T: 7800, 7849 SL 7720 SPX bearish plan: SPX under 7700 | SPX Aug 12 7620P 📉 T: 7620, 7600 SL 7730 SPX printed a new all-time high at 7793 last week after breaking out above the previous ATH at 7620. If SPX can get through 7800 it can run to 8000 next. As long as 7700 holds, I'd stay bullish this upcoming week. Calls can work above 7759. 2 $NVIDIA(NVDA)$ Trade Idea: Aug 21 230C Trigger: 225 ✅ Targets: 232, 236 🎯 Stop: 221 🛑 NVDA moved from 190 to 224 the past 2 weeks. If NVDA can breakout above 225 this week it can run to 232, 236. NVDA throug

By Lawrence G. McMillan A little more than a week ago, the FOMC meeting concluded (on July 29th), and traders were not happy. They sold the market before and after the meeting, closing $SPX that day at 7316. But then a series of events both real and psychological took place that released a buying panic. The net effect of this was that $SPX has broken out to new all- time highs, and has not fallen back below the old highs at 7620. That makes the $SPX chart bullish again, for the first time in a while. Targets are always nebulous things, but this could take $SPX to 8,000 or so. Equity-only put-call ratios have not rolled over to buy signals. As much as $SPX has risen, it has been accompanied by continued buying of puts on stocks. That is for protection most likely. So, even though these put-

$GOTU$  By Lawrence G. McMillan Join Larry McMillan as he discusses the current state of the stock market on August 3, 2026. https://www.youtube.com/embed/ysPanmtoR3s$GOTU$ 

Hello everyone! Today i want to share some option strategies with you! 1 $Micron Technology(MU)$ Trade Idea: Aug 7th 900C Trigger: 776 ✅ Targets: 850, 900 🎯 Stop: 750 🛑 MU dropped to 737 at the lows last week and rallied up to 930 on Friday. MU ended up dropping 100+ points from the highs last Friday. If MU can hold a higher low above 776 we should see a push back to 900, 956 again. SNDK reports their earnings on August 5th so we can see another big move again in memory stocks. 2 $NEBIUS(NBIS)$ Trade Idea: Aug 28 200C Trigger: 170 ✅ Targets: 190, 200 🎯 Stop: 160 🛑 NBIS dropped from 299 to 145 the past 7 weeks. NBIS bounced from 145 to 204 the past 3 days. If NBIS can print a

Hello everyone! Today i want to share some trading ideas with you! 1 The fact that $Advanced Micro Devices(AMD)$ price is this high and $NVIDIA(NVDA)$ price is not is just disgustingly disrespectful to NVDA! Gonna write puts on AMD, Aug 21 expiry, put strike at 300 or lower. There is no strong volume support levels until AMD gets down into the 260 to 190 range. 2 No one knows where bottom support is on $SpaceX(SPCX)$ since it just IPOed and price discovery has to happen to find downside support. We may see that happen this week for earnings ... who knows. 🤷🏻‍♂️ Currently got a 105/90 put credit spread in play and am

"Stock God" Leopold was margin-called and forced to transfer his holdings — Citadel Securities swooped in and picked them up at a bargain price. The very next day, the market rebounded sharply with a massive surge. There's something worth reminding everyone about: Citadel Securities acquired Morgan Stanley's options market-making business in 2025 and is likely the largest options market maker in the market today. As we all know, options liquidity is provided by market makers, so Leopold's large block buy orders were essentially visible chips in the eyes of the market makers. This reminds me of the old saying — "the mantis stalks the cicada, unaware of the oriole behind." The large block trades I've been tracking might just be fat lambs waiting to be sheared in the eyes of the market makers

$TVIX$ $UVIX$ $DECP$  By Lawrence G. McMillan   Despite one downward probe on July 29th, $SPX has managed to trade in a range and close at almost the same price every day. Near- term resistance is at 7430. After that failure on the 29th, the market bounced off the 7300 level with a vengeance the next day, so that is support. Even so, if one looks at the chart of $SPX in Figure 1, it is obvious that there is a new downtrend line that can be drawn, connecting the failed rally attempts that took place during July. There is support at 7300 and then 7240, with potential further support near the rising 200-day moving average in the 7100 area (that a

$TVIX$ $UVIX$ $DECP$  By Lawrence G. McMillan   Despite one downward probe on July 29th, $SPX has managed to trade in a range and close at almost the same price every day. Near- term resistance is at 7430. After that failure on the 29th, the market bounced off the 7300 level with a vengeance the next day, so that is support. Even so, if one looks at the chart of $SPX in Figure 1, it is obvious that there is a new downtrend line that can be drawn, connecting the failed rally attempts that took place during July. There is support at 7300 and then 7240, with potential further support near the rising 200-day moving average in the 7100 area (that a

1 $S&P 500(.SPX)$ what a bounce today, SPX +120 SPX if it reclaims 7500 we can see all time highs again in August. Calls can work above 7420 tomorrow $Micron Technology(MU)$ the bottom is in. The stock dropped from 1250 to 705. If it gets through 900.. 1000 comes fast. MU July 31 930C can work above 900 $Microsoft(MSFT)$ up 17% after earnings. MSFT has been in a downtrend for months. If MSFT can form a new base above 440.. we can see 500 by September. Calls can work above 450 tomorrow. Good luck tmrw everyone!! 📈 2 STOP TRADING UNTIL THIS HAPPENS. Before I decide how aggressive to be, I check the

Hello everyone! Today i want to share some option strategies with you! 1 If we do write options on $Amazon.com(AMZN)$ to play earnings, it will most likely be ... - naked calls at $280 strike, expiry in the July 31 - Aug 7 timeframe - put credit spread, $185/165 strikes, expiry in Aug

Hello everyone! Today i want to share some trading ideas with you! TRADE PLAN for Thursday 📈 $S&P 500(.SPX)$ massive sell off after FOMC today. SPX dropped 130+ points from the highs. If SPX gives up 7300 we can see a drop to 7228,7200. SPX July 31 7200P is best under 7300$Micron Technology(MU)$ to 651 in play, It couldn't hold above 800 today. The trend is still lower.. 651 is the buy zone leading into August. $SanDisk Corp.(SNDK)$ 2350+ to 1000 so far on this downtrend. If SNDK can flush another 100 points towards 900 I would consider buying shares/calls for a swing trade.

Hello everyone! Today i want to share some option strategies with you! 1 Got these optionselling trades on tap for earnings today. All sell-to-open targeting the Aug 21 expiration. - $Meta Platforms, Inc.(META)$ 480 put strike - $Microsoft(MSFT)$ 330 put strike - $Qualcomm(QCOM)$ 120 put strike - $ARM Holdings(ARM)$ 130 put strike Might turn these into put credit spreads to conserve buying power. Will also look at writing naked calls, strike and expiration tbd. 2 Two things to call out: 1. Where all the haters on

There's 2 levels to watch for $S&P 500(.SPX)$ the next 3 days. 1. Above 7500 = Bullish 2. Under 7400 = Bearish 3. Between 7400-7500= More chop. If you find yourself taking 50 trades a week with SPX stuck between 7400-7500, You need to size down and stop trading. Wait for the momentum first. There's a chance they raise rates tomorrow. If that happens, SPX to 7000 can come fast. We need to see Memory stocks and Chip stocks catch a bid and bottom out before going long again. Be patient and stay on your toes tomorrow. It's going to be a volatile one. Good luck everyone!! 🫡

$TVIX$ $UVIX$ $DECP$  By Lawrence G. McMillan After the monster rally of 400 points in just a few days in early August, $SPX took a few days to consolidate. Now it is making new all-time highs once again. There should be some support in that consolidation area (7700-7800), with stronger support at the old highs (7620). There is also a gap at the 7600 level which would act as support as well. There has been a good deal of reluctance on the part of the investment community to climb on board this northbound train. But it finally looks like put buying is slowing down, and the rally is spreading out to more and more issues (i.e., breadth is improving).

TRADE PLAN for LOTTO Friday 🔥 $S&P 500(.SPX)$ printed a new all time high at 7817 today but failed to close above the 7800 resistance. It looks like SPX is winding up for a move to 8000. Calls can work above 7800 for tomorrow. Lots of strength in the NASDAQ- $Invesco QQQ(QQQ)$ today too. QQQ got through the 728 resistance. If it holds 728 into next week.. 748 in play before August ends. $Micron Technology(MU)$ got through 930 today and ran to 978. MU to 1000 should come as long as 930 holds over the next few trading days. Calls can work above 950 tomorrow. $San

TRADE PLAN for Thursday 📈 $S&P 500(.SPX)$ all eyes on 7800 this month, once it gets through 8000 comes fast. The NASDAQ- $Invesco QQQ(QQQ)$ has lots of room to catch up since SPX already broke the all time highs.. We're going to see a rotation back into Chip and memory stocks in the near future. When it does $Invesco QQQ(QQQ)$ will run to 748 very quickly. QQQ through 748 will set up for a multi week rally to 800 $Micron Technology(MU)$ to 1250 coming once it gets back above 1000. 930 is a breakout level for tomorrow, watch to see if it can get through.. If

$S&P 500(.SPX)$ just made new ATHs while $Invesco QQQ(QQQ)$ is still stuck. History says we crash 20% from here. But here’s why we don’t 👇 This EXACT divergence has happened 3 times before. Once it led to a multi-year bull run. Twice it preceded 20%+ crashes. How could the same setup have such different results? Here's how to tell which one you're dealing with: 🐻 2007 & 2018: One tired sector carried the index to its final high. Narrow leadership, no confirmation underneath. Both topped within months 🐂 2013: $S&P 500(.SPX)$ broke out while $Invesco QQQ

Hello everyone! Today i want to share some option strategies with you! 1 Told ya ... $NEBIUS(NBIS)$ moved in sympathy with $CoreWeave, Inc.(CRWV)$ ‼️ Let's see what $NEBIUS(NBIS)$ reports tomorrow in pre-market. Either we get more good news and a continued price pump on NBIS and CRWV ... or we get a dump on NBIS and maybe it affects CRWV. We shall see. 2 $Cerebras Systems(CBRS)$ announces earnings after the closing bell on Wednesday. Expected move is 11%. We're writing an #Optionselling strangle on this. - Targeting that 160 bottom for puts (both naked and C

Hello everyone! Today i want to share some option strategies with you! 1 Our optionselling trades on $Rocket Lab USA, Inc.(RKLB)$ to play earnings. - Writing covered call, Aug 21 $105 strike - Writing naked calls, Aug 14 $120 strike - Debating writing the Aug 21 $45 strike puts 🤔 2 Two big names in the AI space report earnings after the close tomorrow ($CoreWeave, Inc.(CRWV)$ in AH and $NEBIUS(NBIS)$ in PM). Expected move for both tickers is ~12%. Lots of retail folks playing both these names, and tutes know it. These companies operate in the same market space, and yet CRWV hasn't seen the love like NBIS has recentl

TRADE PLAN for Tuesday 📈 $S&P 500(.SPX)$ just finished up a 4th day of consolidation above 7700. The market may not break out of this current range until after CPI data premarket on Wednesday. MOST likely we see another range day tomorrow so just wait until we see CPI data before trading this week. SPX needs through 7800 to test 8000. $Micron Technology(MU)$ every pop higher gets sold near/above 900 the past week. Until we see MU close above 900 and hold for at least 3 trading days, Avoid trading the upside for it. $Invesco QQQ(QQQ)$ all time high is at 748. QQQ closed at 720.87 today. QQQ can trade in a wide range

Hello everyone! Today i want to share some 1 $S&P 500(.SPX)$ TRADE PLAN 📈 📉 SPX bullish plan: SPX above 7759 | SPX Aug 12 7800C 📈 T: 7800, 7849 SL 7720 SPX bearish plan: SPX under 7700 | SPX Aug 12 7620P 📉 T: 7620, 7600 SL 7730 SPX printed a new all-time high at 7793 last week after breaking out above the previous ATH at 7620. If SPX can get through 7800 it can run to 8000 next. As long as 7700 holds, I'd stay bullish this upcoming week. Calls can work above 7759. 2 $NVIDIA(NVDA)$ Trade Idea: Aug 21 230C Trigger: 225 ✅ Targets: 232, 236 🎯 Stop: 221 🛑 NVDA moved from 190 to 224 the past 2 weeks. If NVDA can breakout above 225 this week it can run to 232, 236. NVDA throug

"Stock God" Leopold was margin-called and forced to transfer his holdings — Citadel Securities swooped in and picked them up at a bargain price. The very next day, the market rebounded sharply with a massive surge. There's something worth reminding everyone about: Citadel Securities acquired Morgan Stanley's options market-making business in 2025 and is likely the largest options market maker in the market today. As we all know, options liquidity is provided by market makers, so Leopold's large block buy orders were essentially visible chips in the eyes of the market makers. This reminds me of the old saying — "the mantis stalks the cicada, unaware of the oriole behind." The large block trades I've been tracking might just be fat lambs waiting to be sheared in the eyes of the market makers

I. Fundamentals: Long-Term Visibility Improves, Valuation Attractive SK Hynix is signing more amended long-term agreements with hyperscale data center customers, covering both DDR5 and NAND. Contract terms exceed five years, with approximately 60–70% of expected volume/pricing already locked in, significantly boosting future earnings visibility — this serves as micro-level confirmation of the large-capex-backed memory storage thesis. This earnings report is expected to deliver unprecedented operating profit exceeding 100 trillion won. Yet, with such strong expectations, the stock has still plunged dramatically, indicating that near-term market sentiment has completely broken down. II. Volatility Estimates and Scenarios Monday's pre-market reference price was 154.57, with implied movement o

$SK hynix(SKHY)$ In the current range-bound market, U.S.-listed SK Hynix has a key weapon that the Hong Kong-listed 7709 $CSOP SK Hynix Daily (2x) Leveraged Product(07709)$ lacks: options! The Hong Kong ticker can only trade the underlying stock for price differences, while U.S.-listed SKHY allows you to Sell Puts during high volatility, turning range-bound movement directly into cash flow. Indeed, we've seen many large Sell Put orders over the past two days. Why is now particularly suitable for Selling Puts? SK Hynix reports earnings on 7/29, and pre-earnings IV has been pushed very high, making premiums especially rich. In addition, while the memory sector may not rally much in the short term, its long

I haven't written an article in a long time, and choosing to pick up the pen today feels rather meaningful—Big Tech's valuations got collectively marked down on this day, because the nature of their business has changed, from asset-light to asset-heavy. Some may remember the HALO (heavy assets, low obsolescence) concept that Goldman Sachs championed in the first half of the year. As it turns out, HALO just means "hard to die"—it doesn't mean "won't fall." When Big Tech collectively goes HALO, the broad market falls, and when the market falls, all stocks get dragged down with it. But on Thursday, semiconductor stocks—especially memory chips—held up remarkably well, because memory is the party being paid: it absorbs the cash flow coming from the HALO names. So when other stocks get marked do

The biggest difference between this week and last: negative sentiment toward memory chips is finally spreading widely. Last week was "buy the dip with full confidence"; but after CXMT's listing Monday, plus news of mass-produced Chinese DUV, fears of surging supply crushed an already fragile uptrend. For some names, a monthly pullback has turned into a quarterly one, and panic is fully setting in. Yet Tuesday's semiconductor crash didn't drag the broad market down—which, to me, isn't a good sign. Last week someone traded 70,000 contracts of the Aug 19 29 call$VIX 20260819 29.0 CALL$  . If the market won't correct even now, what is this VIX call betting on? Surely not a rate hike at Wednesday's FOMC?

$SPDR S&P 500 ETF Trust(SPY)$ A week of major pullback. SPY target remains the same as last week — looking at 710–720. Speaking of which, here's something interesting: software ETF saw a massive bullish (expiration-day) call order last Friday. This week's 88 call $IGV 20260731 88.0 CALL$ opened 100,000 contracts — that's $20 million spent on weekly options. And it actually rose on Monday. So can we chase IGV? Naturally, no. Currently, semiconductors and software are seesawing — the reason is that sentiment has temporarily shifted toward the software sector, which has richer cash flows. Notably, IGV's top holding is Microsoft. There is broad consensus that this week's earnings wil

By Lawrence G. McMillan A little more than a week ago, the FOMC meeting concluded (on July 29th), and traders were not happy. They sold the market before and after the meeting, closing $SPX that day at 7316. But then a series of events both real and psychological took place that released a buying panic. The net effect of this was that $SPX has broken out to new all- time highs, and has not fallen back below the old highs at 7620. That makes the $SPX chart bullish again, for the first time in a while. Targets are always nebulous things, but this could take $SPX to 8,000 or so. Equity-only put-call ratios have not rolled over to buy signals. As much as $SPX has risen, it has been accompanied by continued buying of puts on stocks. That is for protection most likely. So, even though these put-

$Capital One(COF)$’s second-quarter results offered an early indication of what the combined Capital One–Discover business may earn once acquisition-related distortions and integration expenses begin to settle. The company reported second-quarter net income of $3.0 billion, or $4.73 per diluted share. Excluding specified adjusting items, earnings were $5.81 per share. This compared with $2.2 billion, or $3.34 per share, in the first quarter. Capital One released the figures after trading closed on July 21. Capital One’s official earnings release and SEC-filed version provide the results. Purchase volume increased 26% year over year to approximately $249 billion, while average loans rose 29% to about $255 billion. These comparisons include the enlar

$Charles Schwab(SCHW)$’s second-quarter report contained record revenue, record earnings and strong asset gathering. Nevertheless, the shares fell approximately 2.5% on July 21. The reaction suggests investors were expecting more than a backward-looking earnings beat. Schwab generated record quarterly revenue of $7.1 billion, up 21% year over year. GAAP earnings reached $1.54 per share, while adjusted earnings were $1.62, this is 42% above the second quarter of 2025. June core net new assets increased 47% to $62.7 billion. Schwab’s July 21 earnings release provides the figures. These results reflect the strength of $Charles Schwab(SCHW)$’s business model. It earns asset-management and administration fees,

$Danaher(DHR)$’s July 21 selloff demonstrates an important market principle: when a company trades at a premium valuation, the composition and outlook of its earnings can matter more than whether it beats the current quarter’s consensus estimate. Danaher reported second-quarter revenue of $6.3 billion, up 5.5% year over year. Core revenue increased 3%, or 4.5% excluding respiratory-testing revenue. Adjusted earnings rose 8% to $1.94 per share, while operating cash flow reached $1.5 billion and adjusted free cash flow totalled $1.3 billion. Danaher’s official second-quarter release was published before the market opened on July 21. Those figures look healthy. Net earnings also rose 60% to $870 million, and both revenue and adjusted EPS exceeded expe

I. Fundamentals: Two Engines Determine Valuation The core focus of this earnings report is whether the two main threads — Server CPU and Foundry — can deliver a turning point. 1. Server CPU: The Core Engine for Earnings Growth Although declining PC sales pose a headwind, Intel is offsetting this with stronger CPU pricing power and AI demand. More critically, Agentic AI is expected to significantly boost server CPU demand, with the GPU/CPU ratio projected to drop from 2× to 1.1–1.4×. Leveraging the strong stickiness of x86 in the enterprise sector, Intel is well-positioned to become a key beneficiary of enterprise-grade Agentic AI. Server CPU revenue is projected to grow at a 28% compound annual growth rate (CAGR) through 2030. 2. Foundry Business: A Turning Point Has Emerged Front-end manu

I. Fundamentals: Strong Deliveries Come at the Cost of Profit and Cash Flow Tesla's overall Q2 deliveries beat expectations, and the full-year delivery guidance was raised. However, gross margins and EPS are expected to come under pressure and trend lower, while capex has breached $25 billion and free cash flow has turned negative. The market's real focus is no longer on car sales, but rather on the execution of Robotaxi rollouts and the production ramp of Optimus. Whether Tesla can build a moat in physical AI is the true make-or-break factor for this valuation. Key Data: Deliveries (raised): 2026 raised from 1.57M → 1.67M units; 2027 from 1.82M → 1.86M units. Capex: 2026 expected at $26.8B, with FCF loss of approximately $11.4B, in line with company guidance. Robotaxi: Launched in Miami o