 Welcome to Access to Trader, the number one community for those who are committed to taking control of their trading in order to achieve success, profitability, and longevity. Thank you for joining us. Here's Dan Shapiro to help you find your edge, master your process, and own your future. Hey, guys. Good evening, everybody. Welcome to another edition of theaccesotrader.com nightly wrap-up show. I hope everybody had a great weekend. I hope everybody had a good day of trading. A lot of stuff going on. Business as usual. The market continues to go higher. I mean, it's just kind of the same thing out every single day. Even when you have like me, I always have a two-sided plan. So for example, over the weekend, I was watching the video for potential second day after this inverted hammer. It never even came close. So the market continues to be very strong. And even when stocks start to confirm and go down below the previous day's range, like for example, like a Rivian did today, right? It only goes down 20, 30 cents and stocks just wake back up. So it's a very unique market. It continues to be an incredibly unique, powerful market that's driven with option flow. There's a lot of speculation money behind. Even when the mega cap technology names are pausing or resting, money flow goes into other places. And we'll talk about it in a second. What I want to do kind of going forward every single update is start highlighting some notable option flow. Because you guys kind of hear me talk about option flow, option flow, option flow. So going forward starting today, we're going to start highlighting some names that look technically that they're almost ready to confirm. And with some option flow behind it, usually good things are going to happen. We'll get to that in a second. Look, I think we have two days before the technology world starts embracing earnings. We talked about this over the weekend. Tesla, you know, just nonstop, right? Absolutely nonstop. It broke out last week. It gapped up today and we'll get to the pivots in a second and give us a really good opening range trade. But the continuous flow is still the 300 weeklies. I mean, we've seen millions of millions of dollars coming continuously coming in for this 300 weeklies. Does it mean the stock is going to crush numbers and the stock is going to go to 500? Listen, nobody knows, right? Nobody knows. People think they know and they know how to feel like they have an edge into earnings. Nobody knows. You can literally have the earnings report right in your hand and you just don't know how the market's going to respond. But the options market and we'll get to the full slate in a second continues to hammer home those 300 calls. It'll be interesting to see if they give one more run up tomorrow ahead of Wednesday's earnings. If you look at all the other indexes today, same thing, you know, market continues to go, you know, continue to grind higher. Every dip is being bought. You know, not every single day you need to sit there and dissect the market every single day will strengthen weakness. The market is just a massive trend until we start losing the five and the 10 day moving average on respective indexes. We're going to continue to grind higher. That's kind of what it is. And, you know, the only thing that the bear case is coming up is while these stocks ran up too far too fast, it's already baked into earnings. Look, I don't buy that. I just don't. Is it possible it plays out this way after all, you know, Tesla's up, what, 150% this year? Like in the video is up like feels like 2000% this year. I know I'm exaggerating. But, you know, does it mean these stocks, if they report good earnings, it's already baked into their moves? I know this is again, 2023, we came into the week up 43% on the cues, you know, and the cues are up. What another, let's see the cues are up today, another what another 1% or up 43, 44% for the year. It's just a very, very unique market. Every mark, every dip continues to be bought. And the most important part is like I say every single day, always have a two sided plan. It's just, you would have to be naive to think every single day, every single stock is going to keep on moving higher. But from what are we seeing today? And what we continue to see, especially in the options market, I mean, they were betting some pretty heavy bets. So before we get into, before we get into tonight's, tonight's pivots were actually from, from this, from this morning. Let's talk about some notable option plays, right? Some notable option bets that I'm seeing in the tape going into this week and short term expiration. Again, we start off with Tesla. Okay, Tesla, the heavy bets continue to be 300 calls into into the earnings Wednesday night. And they're coming in with mid six, six and seven figure bets. They're not coming in with small bets. One very interesting bet I saw not one, excuse me, a series of interesting bets we saw today was the August 18th expiration, the 340. So they're not betting the 300s into earnings. They're betting that Tesla assuming their earnings are good. They're betting that by August 18th expiration, this thing is seeing 340 so very, very exaggerated bets there. PLTR nice breakout today. I'm still on the runner overnight. The option flow came in today. They were coming for the 17 and a half weeklies, the 18 weeklies, and they were coming for the 20s. The 20s for August. I really, really like the name of this thing to start confirming today's channel. I think you get another move here. This stock pack, it's an AI name that's a very interesting name. You can see it here very, very close. And the option flow that I pay attention to is very, very close of breaking out into the daily chart. You just don't want to see deep out of the money calls. You want to see deep out of the money calls after a stock confirmed. So if you look at PATH, you could see this channel here very, very close here. If they could confirm tomorrow, we saw today the August 4th expiration, the 20 and a half and the 21s. And the stock is trading under 19. Keep an eye on that on Netflix. Netflix reports Wednesday, just like Tesla, they continue to come for the $500 weekly calls. Again, they're taking a really big bet that Netflix is going to have a really exaggerated reaction into earnings. Apple is almost at the breakout point. We started buying some today. It's very, very close of breaking out. We started buying here off this pen here, this daily pen here. They were coming in for the $195 calls. I still have a runner. I would like to see it take out those highs from June the 30th. If it does, you can really start stretching out. But keep in mind, they are coming in for the weekly $195 calls. NVIDIA, right? I'll give you guys a couple more names, but NVIDIA, I was watching for that reversal today that obviously never came. And I'll show you in a pivot state. It never came close to the $450 reversal and started waking back up here. Notable bets on the way back up here. They were buying the 455 weeklies and they were buying the 480 weeklies. That's 15 points out of the money. But the way this thing trades, if the fire is launched, this thing can really go nuts. And what interesting bet ahead of their earnings is AFRM. Keep an eye on this AFRM, guys. They were coming for the August 18 expiration, $17.5 and $18 calls. Last week, we saw $18 and $21 calls. So they're definitely positioning themselves ahead of earnings. So just a couple of names. I want to kind of bring to everybody's attention going into not only tomorrow, but the rest of the week. And I think if we start speaking more in terms of option flow, I think a lot of new traders will really understand where I'm coming from. So these are the kind of the names that really stood out for me today. And I'm definitely watching a lot of those names for tomorrow. PLTR, I still have a runner, Apple, I still have a runner going into tomorrow's session. And obviously, Tesla, we will continue to trade every single day. Obviously, everybody's watching for the report on Wednesday after the close. So let's talk about today's pivots, and you'll quickly see exactly what I'm talking about, how strong the market is. So I started shorted the Rivian today. It was a back-sided move. It lost the previous range. And the stock only went down like 25 cents. That's it. Only went down 20 cents, reclaimed the 50-day, reclaimed the 10-day moving average, and started rallying back. It really does show you how strong this tape is. Even when stocks are losing the bottom of the ranges, they're still waking back up, which is good. But again, I will watch this thing for the next couple of days, because if this thing starts losing the 10-day moving average it confirms, I think it will start its back test for the day. We'll see. We'll see what happens here. Apple broke out today. Well, that didn't break out. It broke out of a recent micro range. 191.20 rejected twice. It needs to confirm 191.70. You can see Apple traded to 94.30s today. Beautiful, beautiful move on Apple. Gorgeous move. We can just confirm the June highs. I think we can start the next leg up. So Apple, great, great move. Again, I was watching the video we talked about on last night's video. 40.50, even builds below can flush. It came no way near. No way near 40.50, and the reversal went up. AI had an initial flush below that 37.18 level, not a big move, but had an initial flush, took out 37.18, traded down to 36.45, and just like Rivian did, just like everything else did, reversed back up. FOLD, not a big move. 13.55 needs to build. I didn't trade this FOLD. I was busy with other names, but FOLD, not a big move at all. It went up to 13.70 before a reverse course. LIT never got down to 51. Yeah, here's our opening range trade on Tesla. 288 needs to confirm the pre-market highs. Beautiful move. Beautiful, beautiful move. We had a foreign change move right here. Here's the pre-market highs right here. Took out the 88 and traded right this linear regression line, 92 and change. Really nice move there as well to start the day, but again, they're just pounding and pounding those $300 calls into earnings. Amazon, nice little flush off the open. 134 builds below. It can flush. Here was Amazon. Again, not a huge move, but again, at least this is a scenario that it lost the previous day's range and traded down to 33.20s. Didn't participate today. There's a shot it gets down to the five-day if there is weakness in the market for the next couple of days. Here's something weird. It never confirmed. 4080 needs to confirm. They got upgraded by Goldman. It was up like 5% at the open and never got close to the 4080. They just sold it right off PLTR. Again, we talked about a few minutes ago. Really nice breakout today. 17, that's what we got long. 17 confirmed to 17.27. Traded up to the 17.60 level. If it could just confirm the 17.60 today and start building a new base above that, again, they were coming for the 17.5, $18 weeklies. What was the other number they were coming in? They were coming for the 20s, the August 20s. Let's see if we can get a second move there, but a beautiful move. A $16 move on a $17 stock with option flow for $18.18 and $21 calls. It looks pretty good for continuation for the next couple of days. Again, technically, there's really nothing to talk about. We're just melting up here. Every dip is being bought. Until we start losing the five, where the 10-day moving average short-term sentiment in the markets, there's just a continuation of rotation into tech stocks, into mid-cap names, into smaller cap names. The point is they continue to pound in the options markets. That's it, guys. Have a great night, everybody. Thanks for joining us tomorrow in a live webinar. Please get there for a little bit before 9 o'clock. Morning strategy starts up about 10, 12 minutes after 9 Eastern time. And for the rest of you guys, I will see you on tomorrow's video. Take care.