💰 The Income Generators (High Probability, Cash Flow)

• AAPL: Bullish Put Spread leaning on strong relative strength and an impressive fundamental breakout driven by record product demand.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• (No trades in this category today)

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• QQQ: Bearish Put Spread hedging against low-volume, narrow-breadth exhaustion in mega-cap tech.
• VZ: Bearish Call Spread fading telecom relative weakness as massive debt loads collide with a hawkish macro environment.

1. AAPL ($287.44) – The Hardware Supercycle

• We’re betting on: If Apple continues to exhibit structural relative strength and fundamental growth across its core product lines, the stock will maintain its breakout and hold safely above our $285 strike.
• The Trade: Sell to Open the AAPL Jun 18, 2026 285/275 Put Vertical @ $3.32 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 275 Put @ $4.18
  • 🔴 SELL TO OPEN Jun 18, 2026 285 Put @ $7.50
• Trade Metrics: POP: 59.20% | Collect $332.00 per contract vs. a Max Risk of $668.00 (2.0:1).
• The Setup: Apple triggered our early breakout scan while continuing to strictly outperform the broader S&P 500. Fundamentally, this breakout is heavily supported by a blowout second-quarter earnings report where revenue hit $111.18 billion. The highly anticipated iPhone 17 lineup has seen extraordinary global demand, becoming the world’s best-selling smartphone. Alongside robust Mac and wearables sales, the Services business expanded 14% year-over-year to an all-time record of $30.01 billion. With a massive new $100 billion stock buyback authorization providing a firm fundamental floor, this put spread capitalizes on unquestionable momentum.
• Management:
  • Stop Loss: Buy back the spread at $6.64 (100% of credit received).
  • Take Profit: Buy back the spread at $1.66 (50% of max gain).

2. QQQ ($694.94) – Hedging the Air Pocket

• We’re betting on: If the narrow, low-volume tech rally exhausts itself, the Nasdaq will experience a sharp mean-reversion event, rapidly expanding the value of this debit spread.
• The Trade: Buy to Open the QQQ Jun 18, 2026 687/645 Put Vertical @ $9.25 Debit.
  • 🔴 SELL TO OPEN Jun 18, 2026 645 Put @ $5.61
  • 🟢 BUY TO OPEN Jun 18, 2026 687 Put @ $14.86
• Trade Metrics: POP: 36.41% | Pay $925.00 per contract vs. a Max Reward of $3,275.00 (3.5:1).
• The Setup: With the recent 25% rally in the QQQ over the past five weeks occurring on below-average volume, the risk of a severe pullback is heavily elevated. The rally has been led almost entirely by a highly concentrated group of mega-cap tech names, making the index exceptionally vulnerable to exhaustion. Because there is very little structural support for the QQQ until the $615 level, we are utilizing an out-of-the-money put spread to cleanly hedge portfolio downside risk. We will look to aggressively add to this position if the broader markets begin to slip.
• Management:
  • Stop Loss: Sell the spread at $4.62 (50% loss on premium).
  • Take Profit: Sell the spread at $16.19 (75% gain on premium).

3. VZ ($47.09) – Disconnecting the Rally

• We’re betting on: If heavily leveraged telecoms struggle against a “higher for longer” interest rate regime, Verizon’s technical breakdown will accelerate toward our $39 downside target.
• The Trade: Sell to Open the VZ Jun 18, 2026 48/49 Call Vertical @ $0.37 Credit.
  • 🔴 SELL TO OPEN Jun 18, 2026 48 Call @ $1.08
  • 🟢 BUY TO OPEN Jun 18, 2026 49 Call @ $0.71
• Trade Metrics: POP: 64.59% | Collect $37.00 per contract vs. a Max Risk of $63.00 (1.7:1).
• The Setup: With the broader market starting to show weakness, Verizon’s trend quality has deteriorated rapidly over the past month after failing to hold a new 52-week high. The stock has now triggered a bearish trend-following scan as relative weakness sets in. Fundamentally, despite recent retail subscriber additions, Verizon is burdened by a staggering $172.5 billion debt load following its recent acquisition of Frontier Communications. In a tape where the Fed remains pinned in a hawkish hold, heavily indebted and capital-intensive telecom stocks face significant margin pressure. Selling a call spread here allows us to fade the recent rally with a high probability of success.
• Management:
  • Stop Loss: Buy back the spread at $0.74 (100% of credit received).
  • Take Profit: Buy back the spread at $0.18 (50% of max gain).

💰 The Income Generators (High Probability, Cash Flow)

• NET: Bullish Put Spread capitalizing on a major technical breakout supported by robust edge-computing demand and AI infrastructure expansion.
• RDDT: Bullish Put Spread leaning on strong relative strength in the communications sector and highly profitable AI data licensing revenue.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• (No trades in this category today)

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• (No trades in this category today)

1. NET ($248.59) – The Edge Computing Breakout

• We’re betting on: If Cloudflare sustains its breakout momentum and edge-network consumption remains robust, the stock will continue its push toward the $270 target and stay safely above our $245 strike through mid-June.
• The Trade: Sell to Open the NET Jun 12, 2026 245/220 Put Vertical @ $9.45 Credit.
  • 🟢 BUY TO OPEN Jun 12, 2026 220 Put @ $10.55
  • 🔴 SELL TO OPEN Jun 12, 2026 245 Put @ $20.00
• Trade Metrics: POP: 54.21% | Collect $945.00 per contract vs. a Max Risk of $1,555.00 (1.6:1).
• The Setup: Cloudflare’s technical breakout above the critical $230 level is highly constructive for further upside to our $270 target. Fundamentally, the company is proving it is much more than a content delivery network; its aggressive expansion into “Workers AI” and zero-trust security is capturing massive enterprise IT spend. Because inference at the edge is becoming a necessity for AI application performance, NET commands a premium multiple. This put spread allows us to capture rich premium while leaning on the newly established structural floor near $240.
• Management:
  • Stop Loss: Buy back the spread at $18.90 (100% of credit received).
  • Take Profit: Buy back the spread at $4.72 (50% of max gain).

2. RDDT ($166.56) – Monetizing the Community

• We’re betting on: If Reddit maintains its robust user growth and high-margin AI data licensing agreements continue to pad the bottom line, the stock will push toward $190 and easily hold above our $165 strike.
• The Trade: Sell to Open the RDDT Jun 18, 2026 165/150 Put Vertical @ $6.55 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 150 Put @ $6.80
  • 🔴 SELL TO OPEN Jun 18, 2026 165 Put @ $13.35
• Trade Metrics: POP: 54.41% | Collect $655.00 per contract vs. a Max Risk of $845.00 (1.3:1).
• The Setup: Reddit recently broke out above $160, setting up a technical trajectory toward a $190 upside target. This move is heavily supported by massive relative strength across the Communications sector. Underneath the hood, the fundamental thesis is anchored by their evolving revenue model. Beyond standard advertising growth, Reddit is successfully executing highly lucrative, 100%-margin data licensing deals with major hyperscalers to train LLMs. This unique data moat provides a strong fundamental floor, making a short put spread the optimal strategy to capture upside while mitigating directional risk.
• Management:
  • Stop Loss: Buy back the spread at $13.10 (100% of credit received).
  • Take Profit: Buy back the spread at $3.27 (50% of max gain).

💰 The Income Generators (High Probability, Cash Flow)

• CRWD: Bullish Put Spread capitalizing on a technical trend reversal, supported by cybersecurity vendor consolidation and platform expansion.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• EL: Bullish Call Spread targeting a technical turnaround driven by easing travel retail destocking and margin recovery.
• IBIT: Bullish Call Spread riding sustained relative strength, institutional ETF adoption, and post-halving supply dynamics.

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• (No trades in this category today)

1. CRWD ($476.53) – The Cybersecurity Reversal

• We’re betting on: If CrowdStrike sustains its bullish momentum following a six-month consolidation, the stock will continue its breakout trajectory toward our $550 target and remain safely above our short put strike.
• The Trade: Sell to Open the CRWD Jun 18, 2026 470/430 Put Vertical @ $14.95 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 430 Put @ $14.55
  • 🔴 SELL TO OPEN Jun 18, 2026 470 Put @ $29.50
• Trade Metrics: POP: 56.32% | Collect $1,495.00 per contract vs. a Max Risk of $2,505.00 (1.6:1).
• The Setup: CrowdStrike has underperformed over the past six months but is now showing strong signs of recovery, with 1M and 6M trends officially turning Bullish. Relative strength is building as the stock breaks above $450, clearing the path toward a $550 upside target. Fundamentally, CrowdStrike is benefiting heavily from enterprise cybersecurity consolidation. As IT budgets tighten, CISOs are abandoning fragmented legacy systems in favor of unified, AI-driven architectures like the Falcon platform. This put spread allows us to capture rich premium while leaning on the newly established technical floor.
• Management:
  • ⚠️ Warning: Earnings is scheduled for Jun 09, 2026, which requires active management.
  • Stop Loss: Buy back the spread at $29.90 (100% of credit received).
  • Take Profit: Buy back the spread at $7.48 (50% of max gain).

2. EL ($82.85) – The Beauty Turnaround

• We’re betting on: If Estee Lauder’s margin recovery plan accelerates and it holds its recent moving average breakout, the stock will surge into our target profit zone.
• The Trade: Buy to Open the EL Jul 17, 2026 80/95 Call Vertical @ $5.67 Debit.
  • 🟢 BUY TO OPEN Jul 17, 2026 80 Call @ $7.90
  • 🔴 SELL TO OPEN Jul 17, 2026 95 Call @ $2.23
• Trade Metrics: POP: 39.53% | Pay $567.00 per contract vs. a Max Reward of $933.00 (1.6:1).
• The Setup: Estee Lauder recently broke above its $80 resistance level and reclaimed its 50-day moving average, signaling a potent bearish-to-bullish trend reversal. The technicals align perfectly with a fundamental inflection point: the worst of the Asia travel retail destocking cycle appears to be ending, and domestic inventory levels are finally normalizing. As management’s aggressive profit recovery and cost-cutting initiatives begin to materialize in the margins, this long call spread offers an excellent risk/reward ratio to target a move toward $90.
• Management:
  • Stop Loss: Sell the spread at $2.84 (50% loss on premium).
  • Take Profit: Sell the spread at $9.92 (75% gain on premium).

3. IBIT ($46.28) – Accelerating Crypto Adoption

• We’re betting on: If sustained institutional inflows and a tightening supply dynamic continue to drive Bitcoin higher, this ETF will quickly push past overhead resistance toward our upside target.
• The Trade: Buy to Open the IBIT Jun 18, 2026 47/52 Call Vertical @ $1.57 Debit.
  • 🟢 BUY TO OPEN Jun 18, 2026 47 Call @ $2.39
  • 🔴 SELL TO OPEN Jun 18, 2026 52 Call @ $0.82
• Trade Metrics: POP: 34.01% | Pay $157.00 per contract vs. a Max Reward of $343.00 (2.1:1).
• The Setup: IBIT continues to build on its relative strength, consistently appearing on our scanners over the past couple of weeks while establishing a firm 1M Bullish trend. Fundamentally, the asset is benefiting from a perfect storm: the recent Bitcoin network halving has restricted new daily supply, colliding directly with sustained, sticky institutional ETF inflows. As major wirehouses and wealth management platforms accelerate their allocations, the technical momentum targets a breakout move toward $52.
• Management:
  • Stop Loss: Sell the spread at $0.79 (50% loss on premium).
  • Take Profit: Sell the spread at $2.75 (75% gain on premium).

💰 The Income Generators (High Probability, Cash Flow)

• RMBS: Bullish Put Spread capitalizing on a post-earnings pullback in a structurally critical AI memory and silicon IP leader.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• ORCL: Bullish Call Spread targeting upside expansion as cloud infrastructure demand and aggressive AI backlogs drive the stock to new highs.

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• GM: Bearish Call Spread fading auto industry relative weakness, driven by consumer headwinds and margin compression.

1. RMBS ($111.50) – Buying the Silicon Dip

• We’re betting on: If Rambus finds its footing after a post-earnings shakeout, the secular tailwinds of DDR5 and AI memory architecture will drive the stock higher and keep it above our $110 strike through mid-June.
• The Trade: Sell to Open the RMBS Jun 18, 2026 110/95 Put Vertical @ $5.60 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 95 Put @ $3.85
  • 🔴 SELL TO OPEN Jun 18, 2026 110 Put @ $9.45
• Trade Metrics: POP: 55.63% | Collect $560.00 per contract vs. a Max Risk of $940.00 (1.7:1).
• The Setup: Rambus recently pulled back substantially on earnings, presenting a rare and compelling buy-the-dip opportunity in the semiconductor space. Despite near-term volatility, RMBS’s core growth drivers—specifically DDR5 memory interface chips and CXL (Compute Express Link) technology—are critical bottlenecks for next-generation AI data centers. As AI workloads demand exponentially higher memory bandwidth, Rambus’s silicon IP is indispensable. This technical pullback to the $111 support zone provides a highly favorable risk/reward entry to sell premium against a structurally critical semiconductor name.
• Management:
  • Stop Loss: Buy back the spread at $11.20 (100% of credit received).
  • Take Profit: Buy back the spread at $2.80 (50% of max gain).

2. ORCL ($180.29) – The Hyperscaler Catch-Up

• We’re betting on: If Oracle continues to win massive AI cloud infrastructure contracts and transitions its legacy database customers to the cloud, the stock will trend higher toward our $210 target.
• The Trade: Buy to Open the ORCL Jul 17, 2026 180/210 Call Vertical @ $10.55 Debit.
  • 🟢 BUY TO OPEN Jul 17, 2026 180 Call @ $19.98
  • 🔴 SELL TO OPEN Jul 17, 2026 210 Call @ $9.43
• Trade Metrics: POP: 36.52% | Pay $1,055.00 per contract vs. a Max Reward of $1,945.00 (1.8:1).
• The Setup: After establishing a position in ORCL on 4/20 that is now in the green, the stock has triggered a fresh buy signal. Oracle is proving that its cloud infrastructure (OCI) can compete directly with the hyperscalers for AI workloads, securing massive GPU clusters and driving exceptional consumption growth. Furthermore, the legacy database business continues its steady transition to the cloud, driving margin expansion. This long call spread allows us to aggressively add exposure to this bullish name as it breaks out and trends toward the $210 target.
• Management:
  • ⚠️ Warning: Earnings is scheduled for Jun 10, which may require active management.
  • Stop Loss: Sell the spread at $5.27 (50% loss on premium).
  • Take Profit: Sell the spread at $18.46 (75% gain on premium).

3. GM ($75.70) – Downshifting Auto Demand

• We’re betting on: If consumer discretionary headwinds, elevated financing rates, and industry-wide pricing pressures persist, GM will face a technical breakdown toward $68, keeping the stock below our short call strike.
• The Trade: Sell to Open the GM Jun 12, 2026 76/81 Call Vertical @ $1.99 Credit.
  • 🔴 SELL TO OPEN Jun 12, 2026 76 Call @ $3.18
  • 🟢 BUY TO OPEN Jun 12, 2026 81 Call @ $1.19
• Trade Metrics: POP: 63.00% | Collect $199.00 per contract vs. a Max Risk of $301.00 (1.5:1).
• The Setup: General Motors has recently triggered our early underperform scans. The Consumer Discretionary sector is lagging on both weekly and daily timeframes, with the automotive industry specifically showing relative weakness across the board. Fundamentally, elevated interest rates are severely pressuring auto loan affordability, forcing pricing concessions and slowing consumer demand. Meanwhile, EV transition costs and price wars continue to drag on margins. Selling a call spread into this counter-trend rally provides an optimal technical entry to target a move lower toward $68.
• Management:
  • Stop Loss: Buy back the spread at $3.98 (100% of credit received).
  • Take Profit: Buy back the spread at $0.99 (50% of max gain).

💰 The Income Generators (High Probability, Cash Flow)

• DDOG: Bullish Put Spread capitalizing on a major technical breakout supported by the end of cloud optimization headwinds and surging AI observability demand.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• NVO: Bullish Call Spread targeting a breakout extension driven by expanding GLP-1 supply capacity and positive pipeline data.

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• PFE: Bearish Put Spread hedging against severe relative weakness, pipeline stagnation, and balance sheet constraints following recent acquisitions.

1. DDOG ($140.53) – The Bottoming Breakout

• We’re betting on: If Datadog sustains its momentum after a prolonged consolidation phase, the stock will push toward its $165 target and stay safely above our $140 strike through mid-June.
• The Trade: Sell to Open the DDOG Jun 18, 2026 140/125 Put Vertical @ $6.42 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 125 Put @ $6.88
  • 🔴 SELL TO OPEN Jun 18, 2026 140 Put @ $13.30
• Trade Metrics: POP: 52.64% | Collect $642.00 per contract vs. a Max Risk of $858.00 (1.3:1).
• The Setup: Datadog broke out above $135 after a prolonged 2026 bottoming phase, opening the door toward a $165 target. Fundamentally, “cloud optimization” headwinds have cleared. As enterprise IT budgets aggressively pivot toward AI observability and vendor consolidation, DDOG’s unified platform is perfectly positioned to capture spend. With cloud consumption reaccelerating, this put spread captures premium against a newly established structural floor.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 07, which requires active management.
  • Stop Loss: Buy back the spread at $12.84 (100% of credit received).
  • Take Profit: Buy back the spread at $3.21 (50% of max gain).

2. NVO ($43.88) – Pushing Past Resistance

• We’re betting on: If Novo Nordisk accelerates through its breakout on the back of easing supply bottlenecks and robust prescription demand, the stock will surge into our target profit zone.
• The Trade: Buy to Open the NVO Jun 18, 2026 40/50 Call Vertical @ $4.24 Debit.
  • 🟢 BUY TO OPEN Jun 18, 2026 40 Call @ $5.30
  • 🔴 SELL TO OPEN Jun 18, 2026 50 Call @ $1.06
• Trade Metrics: POP: 44.61% | Pay $424.00 per contract vs. a Max Reward of $576.00 (1.4:1).
• The Setup: NVO is breaking out from a recent bottoming formation near $40 resistance, targeting a move to $49. Fundamentally, a massive inflection in manufacturing capacity is easing revenue bottlenecks for its GLP-1 portfolio. Combined with strong clinical data for its next-generation oral obesity pipeline, institutional buying has reignited. This long call spread offers an excellent risk-to-reward ratio to capture the breakout.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 06, which requires active management.
  • Stop Loss: Sell the spread at $2.12 (50% loss on premium).
  • Take Profit: Sell the spread at $7.42 (75% gain on premium).

3. PFE ($26.33) – Fading the Weakness

• We’re betting on: If Pfizer continues to bleed relative strength amid pipeline stagnation and margin compression, it will fail to hold structural support and flush lower towards $24.50.
• The Trade: Buy to Open the PFE Jun 18, 2026 27/25 Put Vertical @ $0.97 Debit.
  • 🔴 SELL TO OPEN Jun 18, 2026 25 Put @ $0.49
  • 🟢 BUY TO OPEN Jun 18, 2026 27 Put @ $1.46
• Trade Metrics: POP: 45.55% | Pay $97.00 per contract vs. a Max Reward of $103.00 (1.1:1).
• The Setup: Pfizer has tested $26 support for three months, and its poor relative strength signals a high-probability breakdown toward $24.50. Fundamentally, the company is struggling to replace its post-COVID revenue cliff. A heavily leveraged balance sheet from the Seagen acquisition severely limits buybacks and M&A, while recent clinical updates lag competitors in the obesity space. This put spread capitalizes on the lack of near-term growth catalysts.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 05, which requires active management.
  • Stop Loss: Sell the spread at $0.48 (50% loss on premium).
  • Take Profit: Sell the spread at $1.70 (75% gain on premium).

💰 The Income Generators (High Probability, Cash Flow)

• AVGO: Bullish Put Spread rolling into June as semiconductors rotate back into outperformance following Mag 4 results.
• SHEL: Bullish Put Spread leveraging elevated oil prices driven by geopolitical tensions and Washington’s blockade pressures.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• TER: Bullish Call Spread capitalizing on a recent pullback to seek aggressive upside in a proven semiconductor winner.

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• (No trades in this category today)

1. AVGO ($417.43) – The Semiconductor Rotation

• We’re betting on: If Broadcom maintains its structural support as the broader semiconductor sector resumes its leadership, the stock will stay safely above our $410 strike through mid-June.
• The Trade: Sell to Open the AVGO Jun 18, 2026 410/380 Put Vertical @ $11.42 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 380 Put @ $14.00
  • 🔴 SELL TO OPEN Jun 18, 2026 410 Put @ $25.42
• Trade Metrics: POP: 56.42% | Collect $1,142.00 per contract vs. a Max Risk of $1,858.00 (1.6:1).
• The Setup: This is a roll of a highly successful trade from a few weeks ago that is now up 75%. We are rolling this into the June put spread as semis rotate back into outperformance. Yesterday’s Mag 4 results definitively confirmed the growth needed to support massive capital expenditure across the AI infrastructure industry, providing a powerful fundamental tailwind for Broadcom.
• Management:
  • ⚠️ Warning: Earnings is scheduled for Jun 03, which may require active management.
  • Stop Loss: Buy back the spread at $22.84 (100% of credit received).
  • Take Profit: Buy back the spread at $5.71 (50% of max gain).

2. SHEL ($90.67) – The Energy Floor 

• We’re betting on: If geopolitical gridlock and economic blockades continue to place a floor under global crude markets, Shell will maintain its bullish trajectory above our $90 strike.
• The Trade: Sell to Open the SHEL Jun 18, 2026 90/85 Put Vertical @ $1.87 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 85 Put @ $1.63
  • 🔴 SELL TO OPEN Jun 18, 2026 90 Put @ $3.50
• Trade Metrics: POP: 59.39% | Collect $187.00 per contract vs. a Max Risk of $313.00 (1.7:1).
• The Setup: We are initiating this position on the back of our continued view that oil prices will stay elevated. As Iran digs in and Washington seeks maximum economic pressure via the blockade, top-tier energy producers like Shell remain highly insulated. Technically, the stock is showing robust Relative Strength (8/10) and operating within a confirmed multi-timeframe Bullish Trend.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 07, which may require active management.
  • Stop Loss: Buy back the spread at $3.74 (100% of credit received).
  • Take Profit: Buy back the spread at $0.93 (50% of max gain).

3. TER ($343.47) – Seeking Hardware Upside

• We’re betting on: If Teradyne continues to ride the renewed relative strength in the semiconductor complex, a powerful upside breakout will push the stock deep into our target profit zone.
• The Trade: Buy to Open the TER Jun 18, 2026 340/400 Call Vertical @ $21.90 Debit.
  • 🟢 BUY TO OPEN Jun 18, 2026 340 Call @ $35.55
  • 🔴 SELL TO OPEN Jun 18, 2026 400 Call @ $13.65
• Trade Metrics: POP: 36.33% | Pay $2,190.00 per contract vs. a Max Reward of $3,810.00 (1.7:1).
• The Setup: Teradyne was a trade from April 2nd that is up around 75% of max gain. The recent pullback gives us another opportunity to seek further upside as semis are starting to show some relative strength again after taking a breather this week. Transitioning this to a Growth Seeker debit spread allows us to capture maximum upside reward on the breakout.
• Management:
  • Stop Loss: Sell the spread at $10.95 (50% loss on premium).
  • Take Profit: Sell the spread at $38.32 (75% gain on premium).

💰 The Income Generators (High Probability, Cash Flow)

• MPWR: Bullish Put Spread – As a leader in power management solutions, Monolithic Power Systems is well-positioned to capitalize on surging AI server infrastructure demand and margin expansion.
• MU: Bullish Put Spread – Micron continues to benefit from robust pricing power and tight supply in the memory market, driven by relentless enterprise and cloud AI data center investments.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• (No trades in this category today)

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• A: Bearish Call Spread – Agilent faces potential top-line headwinds and margin compression amid softening biopharma equipment demand and conservative lab spending environments.

1. MPWR ($1,526.84) – Powering the AI Infrastructure Buildout

• The Trade: Sell to Open the MPWR Jun 18, 2026 1420/1400 Put Vertical @ $9.70 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 1400 Put @ $81.85
  • 🔴 SELL TO OPEN Jun 18, 2026 1420 Put @ $91.55
• Trade Metrics: POP: 58.10% | Collect $970 per contract vs. a Max Risk of $1,030 (1.06:1).
• The Why: As a leader in power management solutions, Monolithic Power Systems is well-positioned to capitalize on surging AI server infrastructure demand and margin expansion.
• The Technicals: MPWR is in a strong 1M and 6M bullish trend with solid support at $1,118.14, having recently experienced a short-term pullback that provides a compelling entry point for trend continuation.
• Management:
  • ⚠️ Warning: Earnings is scheduled for Apr 30, 2026, which may require active management.
  • Stop Loss: Buy back the spread at $19.40 (100% of credit received).
  • Take Profit: Buy back the spread at $4.85 (50% of max gain).

2. MU ($518.46) – Riding the Memory Market Upswing

• The Trade: Sell to Open the MU Jun 5, 2026 485/465 Put Vertical @ $7.53 Credit.
  • 🟢 BUY TO OPEN Jun 5, 2026 465 Put @ $25.45
  • 🔴 SELL TO OPEN Jun 5, 2026 485 Put @ $32.98
• Trade Metrics: POP: 58.18% | Collect $753 per contract vs. a Max Risk of $1,247 (1.66:1).
• The Why: Micron continues to benefit from robust pricing power and tight supply in the memory market, driven by relentless enterprise and cloud AI data center investments.
• The Technicals: MU maintains a steady 1M and 6M bullish trajectory, rebounding from recent consolidation to push toward new highs with established support at $348.32.
• Management:
  • Stop Loss: Buy back the spread at $15.06 (100% of credit received).
  • Take Profit: Buy back the spread at $3.76 (50% of max gain).

3. A ($111.30) – Softening Biopharma Equipment Demand 

• The Trade: Sell to Open the A Jun 18, 2026 115/120 Call Vertical @ $1.65 Credit.
  • 🔴 SELL TO OPEN Jun 18, 2026 115 Call @ $4.45
  • 🟢 BUY TO OPEN Jun 18, 2026 120 Call @ $2.80
• Trade Metrics: POP: 65.83% | Collect $165 per contract vs. a Max Risk of $335 (2.03:1).
• The Why: Agilent faces potential top-line headwinds and margin compression amid softening biopharma equipment demand and conservative lab spending environments.
• The Technicals: A is entrenched in a definitive 1M and 6M bearish trend, recently breaking lower with formidable overhead resistance at $130.25 restricting upward mobility.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 27, 2026, which may require active management.
  • Stop Loss: Buy back the spread at $3.30 (100% of credit received).
  • Take Profit: Buy back the spread at $0.82 (50% of max gain).

💰 The Income Generators (High Probability, Cash Flow)

• GOOGL: Bullish Put Spread capitalizing on strong technical momentum and AI infrastructure demand.
• DELL: Bullish Put Spread leveraging Dell’s transformation into a high-growth enterprise AI infrastructure provider trading at an attractive valuation.
  

🚀 The Growth Seekers (Higher Risk, Max Reward)

• (No trades in this category today)

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• (No trades in this category today)

1. GOOGL ($349.78) – Monetizing the Cloud

• We’re betting on: If Alphabet continues to ride its structural bullish trend and monetization efforts across its cloud and ad networks hold strong, the stock will maintain its support base and stay above our $340 strike.
• The Trade: Sell to Open the GOOGL Jun 05, 2026 345/325 Put Vertical @ $6.82 Credit.
  • 🟢 BUY TO OPEN Jun 05, 2026 325 Put @ $5.73
  • 🔴 SELL TO OPEN Jun 05, 2026 345 Put @ $12.55
• Trade Metrics: POP: 59.88% | Collect $682.00 per contract vs. a Max Risk of $1,318.00 (1.9:1).
• The Setup: Alphabet remains a cornerstone of the mega-cap tech trade. The stock is supported by maximum Relative Strength (10/10) within a primary Bullish Trend (1M & 6M). With structural support firmly established near the $330 level, selling a put spread here allows us to capture premium by leaning on a high-probability technical floor as the company proves out its AI monetization cycle.
• Management:
  • Stop Loss: Buy back the spread at $13.64 (100% of credit received).
  • Take Profit: Buy back the spread at $3.41 (50% of max gain).

2. DELL ($205.93) – The AI Factory Transformation

• We’re betting on: If the market continues to re-rate Dell from a legacy hardware manufacturer to a high-growth AI infrastructure play, the stock will maintain its breakout trajectory and hold safely above our $150 strike.
• The Trade: Sell to Open the DELL Jun 18, 2026 200/180 Put Vertical @ $7.62 Credit.
  • 🟢 BUY TO OPEN Jun 18, 2026 180 Put @ $7.88
  • 🔴 SELL TO OPEN Jun 18, 2026 200 Put @ $15.50
• Trade Metrics: POP: 56.64% | Collect $762.00 per contract vs. a Max Risk of $1,238.00 (1.6:1).
• The Setup: The core transformation story is that Dell is no longer a legacy PC maker. It has repositioned itself as a central infrastructure provider for enterprise AI, and the “AI Factory” (PowerEdge servers, ObjectScale storage, NVIDIA Blackwell GPUs, and liquid cooling) is gaining massive traction. ISG grew 73% year over year, with AI servers up an incredible 342%. Despite this, trading near 10x forward earnings, the valuation still reflects a hardware company, not a high-growth AI platform. This disconnect offers a prime trend-following setup to sell premium on the dip.
• Management:
  • Stop Loss: Buy back the spread at $15.24 (100% of credit received).
  • Take Profit: Buy back the spread at $3.81 (50% of max gain).

💰 The Income Generators (High Probability, Cash Flow)

• NVDA: Bullish Put Spread capitalizing on the marquee AI name rejoining our Confirmed leadership board with multi-timeframe strength.
• COHR: Bullish Put Spread leveraging perfect relative strength and confirmed bullish trends to capture premium.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• AMZN: Long Call Spread targeting continued AWS acceleration, AI infrastructure dominance, and margin expansion heading into earnings.

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• (No trades in this category today)

1. NVDA ($216.61) – Reclaiming AI Leadership

• We’re betting on: If NVIDIA maintains its structural breakout and multi-timeframe fundamental strength, the stock will hold its support base and stay above our $215 strike through early June.
• The Trade: Sell to Open the NVDA Jun 5, 2026 215/200 Put Vertical @ $5.65 Credit.
  • 🟢 BUY TO OPEN Jun 05, 2026 200 Put @ $5.50
  • 🔴 SELL TO OPEN Jun 05, 2026 215 Put @ $11.15
• Trade Metrics: POP: 56.35% | Collect $565.00 per contract vs. a Max Risk of $935.00 (1.6:1).
• The Setup: Sourced from our Equity Research Watchlist, NVIDIA has re-entered the leadership board with multi-timeframe strength after a long absence. It ranks among the strongest fundamentals in our broader coverage universe. The marquee AI name rejoining “Confirmed” status alongside a complex-wide broadening is a critical signal. Technically, the stock is supported by robust Relative Strength (9/10) and confirmed Bullish Trends across 1M and 6M timeframes.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 20, which may require active management.
  • Stop Loss: Buy back the spread at $11.30 (100% of credit received).
  • Take Profit: Buy back the spread at $2.82 (50% of max gain).

2. COHR ($321.53) – Momentum in Materials

• We’re betting on: If Coherent Corp continues to ride its powerful bullish momentum, the stock will easily maintain support above our $290 strike, allowing this credit spread to expire worthless.
• The Trade: Sell to Open the COHR Jun 5, 2026 290/270 Put Vertical @ $7.30 Credit.
  • 🟢 BUY TO OPEN Jun 05, 2026 270 Put @ $18.35
  • 🔴 SELL TO OPEN Jun 05, 2026 290 Put @ $25.65
• Trade Metrics: POP: 58.59% | Collect $730.00 per contract vs. a Max Risk of $1,270.00 (1.7:1).
• The Setup: Coherent Corp is displaying flawless technical momentum, characterized by a perfect Relative Strength score (10/10) and confirmed Bullish Trends across both 1M and 6M timeframes. We are utilizing this structural strength to sell premium below the current price action, leaning on established support near $301.
• Management:
  • ⚠️ Warning: Earnings is scheduled for May 06, which may require active management.
  • Stop Loss: Buy back the spread at $14.60 (100% of credit received).
  • Take Profit: Buy back the spread at $3.65 (50% of max gain).

3. AMZN ($261.12) – The AWS Reacceleration

• We’re betting on: If Amazon delivers a strong earnings report demonstrating AWS growth and AI infrastructure dominance, the stock will push through overhead resistance and expand its breakout range.
• The Trade: Buy to Open the AMZN May 22, 2026 260/285 Call Vertical @ $8.77 Debit.
  • 🟢 BUY TO OPEN May 22, 2026 260 Call @ $12.77
  • 🔴 SELL TO OPEN May 22, 2026 285 Call @ $4.00
• Trade Metrics: POP: 37.44% | Pay $877.00 per contract vs. a Max Reward of $1,623.00 (1.8:1).
• The Setup: Heading into its April 29 earnings print, Amazon is pushing near new 52-week highs. AWS is reaccelerating, and AI revenue is scaling quickly with meaningful enterprise demand. Massive ~$200B capex is largely backed by customers, reducing execution risk, while strategic deals (like Meta partnerships) validate Amazon’s custom chip ecosystem. Technically, the stock is in a confirmed Bullish Trend (1M & 6M) with strong Relative Strength (9/10), offering a high-reward setup for a beat-and-raise scenario.
• Management:
  • ⚠️ Warning: Earnings is scheduled for Apr 29, which may require active management.
  • Stop Loss: Sell the spread at $4.38 (50% loss on premium).
  • Take Profit: Sell the spread at $15.34 (75% gain on premium).

Strategies Corner: Narrow Leadership & The Megacap Pivot

The S&P 500 (7,165) and Nasdaq (24,837) closed Friday at fresh records, driven by Intel’s historic 23.6% surge and a major Google Cloud AI deal. However, the tape underneath those records is the narrowest it has been all year. The Philadelphia Semiconductor Index has strung together 18 consecutive up sessions, yet five of the eleven S&P 500 sectors finished red. That is leadership concentration, not a clean broadening trade.

While the earnings backdrop is genuinely exceptional—blended Q1 EPS growth is tracking at +15.1% with record 13.4% net margins—this extreme concentration warrants caution. When a single sector carries the tape, the next leg lower in those leaders becomes the entire index print. I am trimming the most extended leadership names, rotating proceeds into laggard sectors with clean Q1 prints (Materials, Financials), and raising hedge ratios.

Wednesday, April 29, is the defining pivot of the year. We have the FOMC rate decision (where a hold is 99.7% priced in), the War Powers Act 60-day ceiling for the Iran conflict, and mega-cap tech earnings (Microsoft, Meta, Alphabet, and Amazon) all reporting at the close. The primary variable is the hyperscaler capex guide. The market demands monetization evidence for massive AI spending. If these giants reiterate or raise capex without commensurate cloud or ad monetization, the AI infrastructure thesis could re-rate violently.

The macro overlay compounds this risk heading into Thursday’s GDP and Core PCE prints. With the US-Iran ceasefire effectively collapsed and Brent holding above $100, the oil-pass-through risk in Core PCE could cement a “no cuts in 2026” base case.

My Playbook: Keep core long exposure on for the earnings backdrop, but trim concentration in the leaders that have run the hardest. Raise the hedge book through energy and defined-risk options, and treat Wednesday’s hyperscaler capex guides as the single most important variable for the rest of 2026’s tech tape. This tape has earned respect, but it no longer earns chasing.

💰 The Income Generators (High Probability, Cash Flow)

• BA: Bullish Put Spread leaning on technical support and a highlighted placement on our Equity Research Watchlist.
• ASML: Bullish Put Spread buying a short-term CCI dip in a top-tier semiconductor equipment leader.

🚀 The Growth Seekers (Higher Risk, Max Reward)

• (No trades in this category today)

🛡️ The Portfolio Protectors (Hedges & Bearish Bets)

• FSLR: Bearish Call Spread hedging against weak guidance, downward estimate revisions, and fragile sentiment into earnings.

1. BA ($232.44) – Establishing the Floor

• We’re betting on: If Boeing can maintain its structural support floor and industrial sentiment remains resilient, the stock will continue to base build and hold above our $230 strike through early June.
• The Trade: Sell to Open the BA Jun 5, 2026 230/215 Put Vertical @ $5.33 Credit.
  • 🟢 BUY TO OPEN Jun 05, 2026 215 Put @ $3.74
  • 🔴 SELL TO OPEN Jun 05, 2026 230 Put @ $9.07
• Trade Metrics: POP: 59.65% | Collect $533.00 per contract vs. a Max Risk of $967.00 (1.8:1).
• The Setup: Highlighted on our Equity Research Watchlist, Boeing is attempting to establish a firm floor. Technically, the stock is showing a primary Bullish Trend (1M & 6M) and recently experienced a pullback near its $219 support zone. Selling a put spread here capitalizes on its solid Relative Strength (7/10) to generate premium while leaning on structural support just below current prices.
• Management:
  • Stop Loss: Buy back the spread at $10.66 (100% of credit received).
  • Take Profit: Buy back the spread at $2.66 (50% of max gain).

2. ASML ($1,457.70) – Buying the Silicon Dip

• We’re betting on: If AI capex spending continues to support advanced lithography demand, ASML will bounce off its recent pullback and remain safely above our $1,350 strike through early June.
• The Trade: Sell to Open the ASML Jun 5, 2026 1350/1330 Put Vertical @ $6.55 Credit.
  • 🟢 BUY TO OPEN Jun 05, 2026 1330 Put @ $39.55
  • 🔴 SELL TO OPEN Jun 05, 2026 1350 Put @ $46.10
• Trade Metrics: POP: 66.54% | Collect $655.00 per contract vs. a Max Risk of $1,345.00 (2.1:1).
• The Setup: With the Semiconductor Index extending an unprecedented 18-day winning streak on the back of explosive AI capex, ASML remains a critical linchpin in global chip production. Supported by maximum Relative Strength (10/10) within a powerful Bullish Trend (1M & 6M), the stock recently experienced a short-term CCI dip. This provides a high-probability buying opportunity to sell premium against its established support base near $1,237.
• Management:
  • Stop Loss: Buy back the spread at $13.10 (100% of credit received).
  • Take Profit: Buy back the spread at $3.27 (50% of max gain).

3. FSLR ($193.76) – Fading the Solar Sentiment

• We’re betting on: If tariff costs, policy uncertainty, and weak guidance continue to weigh heavily on investor sentiment, First Solar’s counter-trend bounce will fail, keeping the stock suppressed below our $200 strike.
• The Trade: Sell to Open the FSLR Jun 5, 2026 200/220 Call Vertical @ $6.60 Credit.
  • 🔴 SELL TO OPEN Jun 05, 2026 200 Call @ $12.63
  • 🟢 BUY TO OPEN Jun 05, 2026 220 Call @ $6.03
• Trade Metrics: POP: 66.90% | Collect $660.00 per contract vs. a Max Risk of $1,340.00 (2.0:1).
• The Setup: First Solar’s outlook into its April 30 earnings leans slightly bearish. While long-term fundamentals remain intact, recent execution has been uneven, with weak guidance and downward estimate revisions. Revenue expectations for 2026 came in below consensus, and tariff costs plus policy uncertainty add pressure. Technically, the stock is mired in a dual Bearish Trend (1M & 6M) with Very Weak Relative Strength (2/10). The recent CCI rally in a bearish trend offers a textbook selling opportunity before overhead resistance kicks in at $215.
• Management:
  • ⚠️ Warning: Earnings is scheduled for Apr 30, which may require active management.
  • Stop Loss: Buy back the spread at $13.20 (100% of credit received).
  • Take Profit: Buy back the spread at $3.30 (50% of max gain).