To The Moon

$NVIDIA(NVDA)$ The logic of upward resistance continues, with more institutions joining the ranks of those lowering expectations.It's not that AI is truly failing, but the current bearish sentiment suits Wall Street's intention to shake out weak hands – a flush-out for a healthier market.At this stage, it's unclear what December holds, but the November rally seems unlikely to materialize.Notable NVDA long call roll: The Nov 21st 205 call $NVDA 20251121 205.0 CALL$  was rolled to the Jan 16th 195 call $NVDA 20260116 195.0 CALL$ , opening 34k contracts.Why is this notable? Long calls are typically rolled once a

$NVIDIA(NVDA)$ We're back in a macro pressure phase. Unsurprisingly, after the US government reopens, it will have to face a bunch of dismal employment and inflation data.Theoretically, NVIDIA should be the easiest stock to navigate in the current phase, but a bearish Sword of Damocles hangs over its head.Michael Burry plans to release more details about the overvaluation of AI-related companies on November 25th, timed after NVIDIA's earnings report, aiming to combine with weak macro data to deliver another blow to the market.However, the systemic willingness to short NVIDIA isn't very strong at the moment. The top ranked bearish opening trade is a halving/slash large short block $NVDA 20

A violent rebound on Friday, followed by a sharp short-squeeze surge on Monday – last week's series of coincidences led to a pullback.However, institutions aren't viewing this pullback very positively. Significant sell call block trades have emerged for some stocks, with expiration dates at year-end. The strike prices suggest high volatility is expected from now until year-end:$AAPL 20251219 305.0 CALL$ $SPY 20260116 700.0 CALL$ $C 20251219 115.0 CALL$ $GOOGL 20251219 335.0 CALL$ 

$SPDR S&P 500 ETF Trust(SPY)$ Gotta say, Michael Burry's timing for this short is actually somewhat impressive. He specifically filed two weeks early to hit this exact window – he's got both timing and conditions on his side. This was also discussed in previous articles.Barring any surprises, the current pullback is expected to reach the previous low around 650, with a smaller probability of hitting 640. This drop would be enough for him to break even, but turning a profit might still be tough.On Thursday, someone opened 17,000 contracts of the 650 put expiring on the 12th $SPY 20251112 650.0 PUT$ . Half of this position was closed around 9:43 AM ET today (Friday), already full

$Cboe Volatility Index(VIX)$ Another large bullish order appeared for VIX. On Dec 17, the 34 call $VIX 20251217 34.0 CALL$  traded 15,000 contracts for a total value of $1.47 million. $NVIDIA(NVDA)$ The "200 Million Brother" rolled his long call position from the Nov 21st 165 call $NVDA 20251121 165.0 CALL$  to the Jan 200 call $NVDA 20260116 200.0 CALL$ .The higher strike price indicates continued bullish expectations for NVIDIA's financial performance, showing no respect for the major short sellers.H

$Invesco QQQ(QQQ)$ This afternoon, there was news that Trump's youngest son, Barron, bought over 20,000 contracts of QQQ 570 puts on November 3rd $QQQ 20251231 570.0 PUT$ , worth approximately $10.9 million.This trade is clearly recorded on the volume chart. Given the low demand for such deep out-of-the-money options, it's almost certain that specific volume spike was Barron's doing.What does a drop to 570 imply? Roughly a 10% market-wide correction.There's much speculation about Barron's motive. Previously, rumors suggested Barron runs a stock trading group with a $1 million entry threshold. This group has had some successful trades, often coinciding with Trump's policy announceme

$NVIDIA(NVDA)$ It has recently stabilized within the range of 190-220. Very stable, just harvest the premium. The blue sections indicate institutional spread strategy option openings. Both call and put spreads have escalated a level compared to strategies from the week before last.For sell calls, reference strike 215 $NVDA 20251107 215.0 CALL$ . For sell puts, reference strike 195 $NVDA 20251107 195.0 PUT$ . $Advanced Micro Devices(AMD)$ Earnings this week are expected to beat expectations. The institutional strategy's expected strike price range is very wide, 260

$Cboe Volatility Index(VIX)$ All parties were on high alert, yet the negotiations concluded smoothly. The previously anticipated sharp drop to 640 or even 600 didn't materialize. Does that mean no decline is coming? Not necessarily. The anticipation artificially inflated the market beforehand, effectively creating room for a pullback. As the saying goes, if there's no pullback room, create it.A block trade bought the $VIX 20251217 33.0 CALL$  with volume of 123.2k contracts, amounting to $10.96 million. Expect SPY to potentially experience another 3% pullback.However, the tech stock gains over the past two weeks weren't entirely driven by negotiation expectations; AI-specific deman

$NVIDIA Corporation(NVDA)$Market cap surpasses $5 trillion, NVIDIA enters a new consolidation range of $200-$220.Institutions rolled positions on Wednesday, selling the 215 call $NVDA 20251031 215.0 CALL$  and buying the 220 call $NVDA 20251031 220.0 CALL$ .For selling puts, consider strikes below 200, e.g., $NVDA 20251031 200.0 PUT$ .$Tesla, Inc.(TSLA)$Continues to consolidate between $450-$500. For selling puts, consider $TSLA 20251031 430

$NVIDIA(NVDA)$ The surge past 200 was abrupt. Jensen Huang laid out concrete revenue plans, making it impossible for the market to dismiss it as mere speculation any longer.Unsurprisingly, this triggered a short squeeze. Institutions hastily rolled their bear call spreads from the 200-207.5 range yesterday. It doesn't appear they continued rolling today.Expect consolidation between 195 and 220 next. Consider selling puts on dips, like the $NVDA 20251031 195.0 PUT$ . $Advanced Micro Devices(AMD)$ AMD hitting 300 is now a plausible near-term topic.However, a covered call position emerged on Tuesday, selling the