Internet Consumer & Cloud Computing
IREN, AAPL, META, GOOG, PLTR
Key News:
Signed a 5-year, $9.7 billion AI cloud computing agreement with Microsoft, making Microsoft its largest customer.
Analysts believe its AI infrastructure potential is not fully priced in; institutional price targets reach $200.
Options Analysis:
Current Implied Volatility (IV) is high at 135.67%, indicating the options market expects significant price swings. The Call/Put Ratio of 2.45 reflects dominant bullish sentiment, but beware of overbought pullback risks.
1-Day (11/7): $69 - $82. High IV and substantial out-of-the-money call buying drive upside, but after-hours selling pressure could cause volatility.
1-Week (11/14): $65 - $85. A longer timeframe widens the expected range.
Key Support: $70 (previous resistance turned support), then $65 (recent low).
Key Resistance: $80 (psychological level + call open interest concentration).
Call open interest is concentrated at the 75/80 strikes; put open interest is concentrated at the 65 Put, suggesting the market is betting on continued upward movement after consolidation, with $65 as a key defense line.
Options Strategy Reference:
Sell Put: $IREN 20251114 65.0 PUT$
Rationale: High open interest and liquidity at the 65 Put; if the stock holds above $70, selling the Put collects premium with a high Probability of Profit (~85.43% based on 1 - 14.57% ITM Probability).
Buy Call: $IREN 20251114 80.0 CALL$
Rationale: Low premium cost; significant leverage potential if positive news pushes the stock above $80. IV is high but there remains upside potential driven by events.
Note: High short-term volatility; control position size and use limit orders to avoid slippage.
Key News:
Announced a $1 billion annual AI cooperation agreement with Google, using its 1.2 trillion parameter Gemini model to upgrade Siri; new version expected next spring.
Daiwa analyst raised price target to $300, maintaining "Outperform" rating; current market consensus price target is $276.79.
Stock price is near all-time highs, but technical volatility remains low.
Options Analysis:
Options are currently "cheap" (due to low IV), but market sentiment is optimistic (high Call/Put Ratio).
Next Week: Likely range $265 - $280. Positive news provides support, but $280 has been a historical resistance level.
Next Two Weeks: Range potentially widens to $260 - $285.
Key Support: $250. A solid previous base with significant put open interest providing strong downside protection.
Key Resistance: $275. This year's high; a breakout requires significant momentum.
Call bets are concentrated at 270/275, anticipating new highs. Put bets are concentrated at 250/260, providing a "safety net".
Options Strategy Reference:
Sell Put: $AAPL 20251114 265.0 PUT$
Rationale: Stock is holding above $270; $265 is strong support. Selling the PUT collects premium with an ITM probability of only 29.4%.
Key News:
Meta is investing $27 billion in its Hyperion campus to enhance AI capabilities, but faces regulatory and power supply challenges.
Investors are concerned high capital expenditure ($127.5B last quarter) could repeat the Metaverse-related stock decline.
Jim Cramer maintains "Buy" rating, but some institutions believe AI revenue hasn't met expectations, potentially suppressing the stock price.
Options Analysis:
Current IV is moderately high, suggesting potential short-term volatility. Bulls and bears are contesting key levels.
1-Week (11/14): $610 - $660. Lower bound has solid technical support; upper bound is limited by recent high resistance.
2-Weeks (11/21): $590 - $680. Expected range widens with the longer timeframe.
Key Support: $630 (tested multiple times in October, put open interest concentration).
Key Resistance: $650 (recent high, call open interest concentration).
Heavy call open interest at $650; a break above could trigger further upside.
Put open interest is dense at $630; a break below increases downside risk. Institutional block sales of lower puts suggest belief that significant downside is limited.
Options Strategy Reference:
Sell Put: $META 20251114 630.0 PUT$
Rationale: $630 is strong support with a high historical probability of holding. Selling the Put collects premium with a ~68.76% Probability of Profit (1 - 31.24% PoP).
Key News:
Daiwa Securities raised price target: Increased Alphabet's target from $233 to $333, maintaining "Buy" rating, reflecting confidence in AI business growth.
Apple will use Google's 1.2 trillion parameter AI model to upgrade Siri, expected to bring long-term revenue growth for Google.
$3.2B Acquisition Progress: Google's $3.2B acquisition of cybersecurity firm Wiz passed US antitrust review, expected to close in 2026.
Options Analysis:
Options data suggests the market expects higher-than-usual volatility (IV 34.49%), with very active bullish sentiment (Call/Put Ratio 2.6). The short-term uptrend may continue.
Next Day (11/7): Expected narrow range $284 - $290, influenced by pre-market news.
1-Week (11/14): Range widens to $280 - $295, as earnings season events could induce larger swings.
Key Support: $280 is the recent key low. Stronger support at $275 due to heavy put open interest.
Key Resistance: $290 is the primary resistance (largest call open interest). A break above could target the $295 - $300 zone.
Call bets are concentrated at 285/290, indicating investor anticipation of new highs. Put bets are dense at $275, setting a floor.
Options Strategy Reference:
Sell Put: $GOOG 20251114 280.0 PUT$
Rationale: Collects premium if the stock holds the $280 support; high probability of profit if IV declines.
$Palantir Technologies Inc.(PLTR)$
Key News:
Multiple banks raised price targets (HSBC to $197, DA Davidson to $215), acknowledging its AI platform growth potential.
Q3 earnings beat expectations but the stock fell 7.55%; market concerns over high valuation and slowing international business growth.
"Big Short" Michael Burry invested $912 million buying puts, increasing market divergence.
Options Analysis:
High Implied Volatility (60.49%) indicates expectations for continued large swings. Bulls and bears are fiercely contesting the key $190 level.
1-Week (11/14): $180 - $200. High IV reflects post-earnings volatility; core battle zone is $190.
Next Day (11/07): $175 - $195. Range might be wider due to accelerated time decay for short-dated options.
Key Support: $180 (recent volume concentration), next support at $175 (September previous high).
Key Resistance: $200 (psychological level + call open interest maximum).
Bulls: Heavy positioning in 190 & 200 Calls, betting on a rebound breakout.
Bears: Clear defensive line at the 180 Put, the key bearish defense.
Options Strategy Reference:
Sell Put: $PLTR 20251114 180.0 PUT$
Rationale: High liquidity, ITM probability 24.5%, suitable for capturing premium in a high volatility environment.
Semiconductors & Chips
NVDA, AMD, INTC, MU
Key News:
RedCloud announced using NVIDIA technology to tap into Saudi Arabia's $280 million trade market, potentially boosting NVDA chip demand.
China mandates new data centers prioritize domestic AI chips, potentially impacting NVDA's China market share; CEO Jensen Huang's comments on "China possibly winning AI race" caused stock volatility.
Options Analysis:
Current high Implied Volatility (51.9%) indicates expectations for significant post-earnings moves, especially in the next 1-2 days.
1-Day (11/7): $190 - $205. High IV suggests high volatility; $195 is key support.
1-Week (11/14): $185 - $210. Timeframe extension widens the range.
Key Support: $190 - $195. This zone has dense put open interest and institutional block buy support, forming a crucial "defensive area".
Key Resistance: $200. This is the call "Max Pain" level; a break above could accelerate gains towards $210.
Short-term sentiment is slightly bullish (Call/Put Ratio > 2). Call bets focus on 205/210. Put bets are dense in the $190-195 range, defining the bearish defense.
Options Strategy Reference:
Sell Put: $NVDA 20251114 195.0 PUT$
Rationale: Probability of Profit ~65.8% (1 - 34.22% PoP). Collects premium if stock holds the $195 support; suitable for neutral-to-bullish strategy.
Bull Call Spread: Buy $NVDA 20251114 200.0 CALL$ / Sell $NVDA 20251114 205.0 CALL$
Rationale: Bets on accelerated upside if the stock breaks $200; defined risk with significant leverage.
Key News:
AMD reported Q3 2025 earnings on Nov 4: Revenue $9.25B (+36% YoY), significantly beating estimates of $8.76B.
AMD announced an agreement with OpenAI, projecting potential future revenue exceeding $100B over four years; MI450 rack-scale product details expected at next week's Analyst Day.
Multiple banks raised price targets; average rating "Overweight", median target $263.62, but market worries about near-term AI monetization pace.
Options Analysis:
High current IV suggests expectations for large price swings. Combined with technicals, the short-term range is expected to be $235 - $265.
Key Support: $235. The October pullback low with heavy put open interest concentration, forming a strong defense.
Key Resistance: $260. The recent high with dense call open interest, making a breakout difficult.
Bearish positioning is heavily concentrated at $235-240, indicating key support. Bullish targets focus on $260-265, hoping for a breakout.
Options Strategy Reference:
Sell Call: $AMD 20251114 260.0 CALL$
Rationale: $260 is strong resistance with significant IV premium. Selling collects premium with an ITM probability of only 32.01% (~67.99% Probability of Profit).
Buy Put for Protection: $AMD 20251114 240.0 PUT$
Rationale: $240 is short-term support; provides a hedge if the stock breaks down; stop-loss cost is manageable if volatility recedes.
Strategy Logic: Use high IV environment to collect premium (Sell CALL) while hedging pullback risk (Buy PUT), creating a risk-defined "Collar" strategy.
Key News:
INTC secured AI chip cooperation with OpenAI, but material revenue realization takes time.
Prominent analyst Jim Cwarning "problems not over" triggered selling; stock fell 6.25% on Nov 4.
Institutions buying the dip (e.g., Asahi Life added 22,450 shares).
Tigress Financial maintains Buy rating, but average target price $35.14 implies ~8.4% potential downside from current levels.
Options Analysis:
High current IV suggests potential for sharp moves. Sentiment is slightly bullish (Call/Put Ratio 1.93), but high volatility implies pullback risk.
1-Week (11/14): $36.5 - $40.0. High volatility leads to fierce battle at key levels.
Next Day (11/7): $37.0 - $39.5. Ultra-short dated options amplify moves, more aggressive volatility.
Key Support: $37.0 - $38.0. Recent lows with significant put open interest defense.
Key Resistance: $39.5 - $40.0. Faces recent gap pressure; a breakout is needed for upside.
Bearish positioning is heavy at $38-39, hedging short-term drops. Bullish bets are longer-term at $42-43, gambling on future event-driven rebounds.
Options Strategy Reference:
Sell Put: $INTC 20251114 38.5 PUT$
Strike $38.5 (near support), ITM probability 25.86%, ~74% Probability of Profit. Bets on stock holding $38; if assigned, acquires stock at a lower cost. Suitable for neutral-to-bullish strategy.
Key News:
Micron (MU) surged 8.93% on Nov 5, up 149.7% YTD, driven by booming AI-related memory demand and significant HBM revenue growth.
Institutions like Resona Asset Management, Signature Estate recently increased holdings; $6.97B turnover on Nov 5 shows market confidence.
Despite strong price action, some analysts warn current valuation reflects positives; monitor AI order fulfillment and capacity expansion.
Options Analysis:
Extremely high IV suggests potential for large swings. Sentiment is bullish, with funds betting on an upside breakout.
1-Week (11/14): $220 - $250. High volatility; breaking key resistance could lead to further gains, otherwise testing support.
Further Out (11/21): $215 - $255. Potential range widens with time.
Key Resistance: $240 / $245. High call open interest concentration, the first hurdle for bulls.
Key Support: $220. Dense put open interest setup, a recent strong support; break below targets $200.
Bull focus is at 240/245, targeting $250. Bear defense is set at $220, a critical level.
Options Strategy Reference:
Sell Put (High IV, Prioritize Probability of Profit): $MU 20251114 240.0 PUT$
Rationale: High IV boosts premium income, high liquidity, ITM probability only 36.11%; high profit probability if stock holds $240.
Bull Call Spread (Low-Cost Bullish Bet): Buy $MU 20251121 245.0 CALL$ + Sell $MU 20251121 250.0 CALL$
Rationale: Bets on stock breaking above $245 and moving towards $250; defined risk.
Electric Vehicles (EV)
Key News:
Tesla holds its annual shareholder meeting today; shareholders will vote on Elon Musk's $1 trillion compensation package.
Approval would solidify his leadership and drive AI/global expansion strategy, but institutions like Norway's sovereign fund worry about dilution and key-person risk.
Influenced by vote expectations, TSLA volatility increased last week, rising 4% yesterday. Large call buying surged, betting on a post-vote breakout above key resistance.
Options Analysis:
High current IV indicates expectations for significant price movement. Bullish sentiment dominates, with fierce battle between bulls and bears.
Through 11/14: $440 - $480. Rationale: In a high IV environment, stock direction will be event-driven (e.g., shareholder meeting), prone to fast breakouts.
Key Support: $440. This is the area of highest put open interest, seen as a major defense line.
Key Resistance: $460. This is the peak call open interest level, representing the primary overhead supply.
Bullish bets are mainly at 450-460, anticipating further upside. Bearish defense focuses on $440; a break below could open further downside.
Options Strategy Reference:
Sell Put: $TSLA 20251114 440.0 PUT$
Rationale: $440 is key support, Probability of Profit ~84% (based on Delta ~ -0.293). Collects premium if the stock remains stable.
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