Recommendations
Entry is the asset's closing price on the publication date. Current is the last close on record.
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Entry $207.29 21 Jul 2026Current $223.78 07 Aug 2026Result −$16.49
I sold the Nvidia July 31st $217.50 50 call options.
Context I sold the Nvidia July 31st $217.50 call options.
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Entry $247.55 21 Jul 2026Current $276.14 07 Aug 2026Result −$28.59
I also sold the $275 Amazon calls that expire on July 31st, same day as the Nvidia ones.
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Entry $106.36 21 Jul 2026Current $93.74 07 Aug 2026Result +$12.62
I sold the August 21st Robin Hood calls, uh, which the last ones I sold expired last Friday.
Context I sold the August 21st Robin Hood calls, which the last ones I sold expired last Friday.
Full Transcript
I love it. Finally, guys, AI stocks are moving, as is the entire stock market. Every index is up, Bitcoin's up, gold's up, silver's up, you name it, and the VIX is down almost 10%. So guys, we have to break down not only the AI stocks, what I'm doing, where my head's at with those stocks, but we also have some earnings to break down from Hallebertton, Dr. Horton, Charles Schwab, and a couple other companies. So, let's not waste any time. Hit the like button. Make sure to subscribe and join my Patreon if you guys want to see my portfolio updates and be a part of my private Discord. All that's linked down below pinned in the comments or go to stocksurfest.com/patreon. And cheers to everybody out there watching a and everybody that's joined the Patreon. I appreciate all of your support as always. I genuinely hope you're finding value in that Patreon. And with that being said, guys, let's dive into it. So, the S&P's up around 1% right now. And the Q's are up, get this, guys 1.8% as the Dow's up about 1% as well. And the Russell's up about 1 and a4%. As Bitcoin, guys, it's getting close to 70K again. It's up around two two and a half%. And oil, by the way, is up as well as silver and gold are both making a move. So, literally all assets today, guys. Maybe not all assets, but the the major indices, gold, silver, Bitcoin, everything's up. Even oil, as I'm sure you guys know by now, things in the Middle East with the straight of Hormuz aren't necessarily looking um so great, but we're not going to talk about that in this video. Uh but yeah, that's why oil's up. We all know that. And these AI stocks, man, memory, GPUs, the picks and shovels plays, everything is ripping today. And I'm not talking about a 5% move. We're talking 10 15% for a lot of these names. So, let's dive into these stocks and again go over what I'm doing, trades I made today, and overall some earnings that I'm paying very close attention to. So, the Q's, let's start off here. The Q's are now at 708. And like we've covered before, right? And we talked about this in the Discord, right? We see a pattern here. Every time the Q's get down to 690, 685, at least over the last couple of weeks, really about 2 months now, each time we've tested that level, we've seen a nice recovery rally. And this this time's no different, right? We got a bit oversold. We kissed 690 685 a couple days ago and now we're seeing that exact relief rally and we're not breaking out. We're not really close to breaking out either. Uh but we are now starting to go towards the top of this channel. Let me draw it out so you guys can see it. You can see clearly and this is what we've talked about before. Q's the Q's have been trading in this channel for weeks about a month and a half right almost two months and we just got way too beaten up. This is not a surprising relief rally. We called it out. We saw it coming. Uh we hit the bottom of this channel we got to 680 690 and like I said each time we hit that level we see a relief rally. And if we and if we took out 680 685 and started going down, you know, 670 under that, that would not be ideal for the bulls. Uh but the fact that we saw them come in at 690, 700 goes to show the bulls are alive. They have a life left in them. And you know, we're not fully breaking out yet, but we're getting closer. I think the full breakout level is at about 7:15, 720. And uh we're we're closer to that today than we were yesterday, right? And over the last couple of days. So again, the bulls are making up some ground. I love it. I love it. Um and the S&P quickly, guys, looking at that. Let me show you this. Um same thing. You know, we held the or not the highs, the lows. We held the lows from the last couple of weeks, which is good at about 740. If that broke, we had a wide openen gap down to 7:30, 7:32 like we talked about yesterday. Um, and clearly we held that support. Now we're actually breaking through the highs from uh yesterday and Friday, right? You guys see it right here. And we're actually now testing the 180 SMA on the 1 hour time frame at about 748 750, which if that breaks, we might have a little more upside to go back to the mid750s. maybe dare I say towards all-time highs again which were actually only 10 12 points away from all-time highs on the S&P. So obviously guys the AI stocks are driving this rally today. If you look at the SMH ETF which is uh the VANX semiconductor ETF it is up 4.3% today. Very nice move. Nice relief rally in SMH. And SOXX, another um another semiconductor ETF. This one's from Eyesshares. It's up 5.3%. Another phenomenal relief rally, you know, and a lot of these stocks um leading the charge are in memory, obviously, some GPU names. So, Micron is up a whopping 12% today, guys. And I don't track Bur as close as some of you guys do, but I hope he covered. I hope he covered down here, you know, at $800, $850. I don't know if we're going back. We might. Who knows? But this thing is gearing up for a breakout above $1,000. We're getting close. We're getting close. Especially if we take out the highs from the middle of July. Earlier in July, we hit about a,000 $1,105 a share. If that, you know, if that breaks on Micron, guys, and Bur didn't cover his short, he's going to wish he did because I think that's where we really start to build momentum and we we'll go right back to where he opened up his short position, which I think's at about a,50, right? Something like that. So Micron, although it's not fully there yet, not fully breaking out, it's getting close, man, as we're, you know, seeing a nice push off the lows, we're now testing the highs from the last week or two. This is the moment of truth. 975 a,000,000 bucks a share. Big spot for Micron. Um, let's see SanDisk here very quickly, guys. This one's up 12%. Also a very nice relief rally. not really breaking out either. Uh but it's testing a major resistance at about 1,600. Um 1575 big resistance for SanDisk. If that's able to break, guys, we might be seeing uh more upside here. I like the way it's it's seeing a relief rally. Same with Nebias, which has gotten squashed, man. Nebus got squashed from 300 all the way down to 160. Man, talk about volatility. 45%. Talk about a flush out there, guys. Now, it's up around 16% on the day. We're up around 25 almost 30% from the lows. I think that was on Friday. So, if you bought on Friday, you're sitting pretty now, man. If you bought in the 16070s, now we're over 200. And just like Micron, just like SanDisk, this is not really breaking out yet. Uh, but it's a beautiful relief rally. Um, and same thing on Coherent. If we uh if we pull up coherent, what a move here, guys. Way too beaten up. Talk about a flush out. 45% draw down. Now it's back over 300, up 11% on the day. Very nice rebound. Same with uh GLW, which I'm currently in right now. Corning, this one's up around 7% back in the mid 160s. And I think honestly this one's got a little more juice in the relief rally to go. We have earnings coming up on the 28th. So, a week from today, next Tuesday, we have Corning's earnings. And I think the stock could rally even more um into that print. And who knows what's going to happen after the earnings. We shall see, ladies and gentlemen. I'm excited. So, big rebound overall in AI today. You know, AMD, stocks like AMD are up 7%. Nvidia is up around 1%. Not too big of a move for Nvidia, which kind of transitions uh into what I did today. We can transition into moves I made. I actually sold some calls, guys. I sold calls against Nvidia, against Amazon, and against uh Robin Hood. Let me show you. Uh let me pull it up here so I can read off to you guys exactly what I ended up doing. I sold the Nvidia July 31st $217.50 50 call options. So, those expire in about 10 days. Um, I collected about $135 in premium per contract there. I also sold the $275 Amazon calls that expire on July 31st, same day as the Nvidia ones. I collected $170 in premium there per contract. And I sold the August 21st Robin Hood calls, uh, which the last ones I sold expired last Friday. Um, so I sold, um, a fresh batch, if you will. Um, you know, $270 roughly per contract there on the Robin Hood, 130 calls that expire August 21st. So, those are the moves I made um, today. Nothing too crazy, guys. just taking advantage a little bit here of this green day of the elevated um you know implied volatility heading into earnings for a lot of these companies. So that's what I'm doing. And I gave my Nvidia and Amazon uh you know calls I I I I chose a shorter expiration date only 10 days out and I'm going to start selling more weekly call options against these names to really rinse and repeat the uh the selling covered calls process so I can gain as much premium as possible. You know, sometimes the numbers work out better if you know you sell weekly calls as opposed to monthly calls depending on uh the name obviously depending on implied volatility. There are a lot of factors depending on if it's earning season or not. But that's what I'm doing. And look, if they expire in the money, you know, which I don't think they will, I'm okay with giving up some shares um of Amazon and Nvidia over the next couple of days, 10 days. Uh but I think I'll keep the premium and and then I'll sell another batch of weekly calls. I'm going to keep rinsing and repeating. And guys, this is how you make a ton of extra money in your portfolio. uh whether you have a smaller portfolio or a massive portfolio. Obviously, the bigger the portfolio, uh the more money you make. But to give you guys some context here, I made these trades in my public portfolio, which shameless plug, I got that link down below, guys, if you want to see all the moves, see my trades, be a part of my private Discord, all that's through Patreon, where where essentially I built this portfolio from zero dollars, right? I started my Patreon. Well, I've had the Patreon for like six years now, but it kind of went dead. Uh, you know, in 2023, I revamped it, started this portfolio, and I've showed you guys how to build it from $0 to now over six figures, right? And I show you guys in that portfolio what is possible. And I just collected $600 in premium in that portfolio by selling these calls. And literally, you can do this week in week out, week in week out. And that's one of the things we cover um in the Patreon. So that juices me up, guys. It's exciting. Making 600 bucks basically doing nothing. Risk-free really. I mean, there's a risk. Your shares can get called away, but if you do it the right way, man, uh you keep the premium, you lock in a nice juicy profit on the shares if they get called away. And the idea is when you're selling covered calls, you want to pick a strike above your average cost. Where you get burned is selling calls under your average cost. You know, that's not what you want to do. That's not what you want to do. And ideally, you sell calls on stocks you're already up a good amount on. Um, you know, if you're down on a stock and you're selling calls, it gets a little tricky, right? It gets a little tricky. It can still be done. Uh but the idea is pick a strike above your average cost. So even if they get called away the shares, which happens, um you lock in a profit and you keep the premium. It's a win-win, right? It's a win-win. So that's what I did overall today, guys. I didn't buy any stock. Um, I didn't buy any crazy uh shares today, but I did sell calls on three positions, collected some premium. And I don't just do this in my public, but I also do this in my other portfolios, guys. I've been doing this for years, right? And it works. It works. And obviously, the more money you have, the more premium you can collect because the more shares you have. Uh, but you got to start somewhere. And and you know, if you're starting off with a smaller amount of money, don't get discouraged, right? Because if you're selling calls, managing your portfolio with a smaller amount of money, right, and it slowly builds, you're building the skills for when you have a bigger portfolio to manage um and you have more shares to sell calls on. And it's just it's a skill you want to build um when your portfolio is small so you don't screw it up when it's big. You know what I mean? So, that's what I did today, guys. Nothing too crazy. Uh, pretty riskfree day for your boy over here, guys. Taking advantage of um the green, the elevated premiums, and yeah, I'll keep you guys posted on what happens with those trades. And let me go through earnings quickly, rapid fire, guys. And by the way, hit the like button. Make sure to subscribe here on YouTube and Facebook. Hit that follow button if you guys haven't done so already. were on the road to 100,000 subs on YouTube and 100,000 followers on Facebook, uh, which we're pretty dang close to. So, Hallebertton reported earnings and they reported earnings per share adjusted of 55 cents, which beat the 54 cents expected on sales of 5.71 billion versus 5.48 billion expected. Double beat out of Hallebertton, ticker H. And let's see anything on guidance. Anything else here? Uh, looks like Q2 cash flow from operations $824 million, free cash flow of $668 million. Not too bad. And it looks like here uh their adjusted operating margin sitting at 12%, but the stock's down 6%. It's not liking uh the earnings even though they double beat. We got a clear rejection at this 180 moving average, which I'm not loving. And it looks like here, guys, we might take out the lows from earlier in July, which is a red flag in the short term. It's a falling knife. I'm not chasing it. Dr. Horton is another one, ticker DHI, which if you look at the chart, I mean, this stock's been pretty predictable all year. If we draw out a channel here, we can see it's it's been predictable. Each time it hits 165, 170, it seems like it peaks and then it sells down to about 135,45 and then it rebounds. You know, it's been trading sideways all year and now we're pretty beaten up. Stocks down about 20% from highs, about 15 20% and their reported earnings of $3.20 that beat the 306 expected on sales of 9.22 billion versus 9.17 billion. So, nice double beat out of Dr. Horton. And it looks like here, uh, they backed their um, fourstar group backs full year 26 revenue of 1.6 to 1.7 billion. Okay, let's see anything else here, guys. Dr. Horton sees 2026 homes closed by home building operations, 83 to 84,000 roughly. Okay. Um, they actually lowered their revenue guidance. Q3 sales came in flat. And again, it's it's going to come down to what the stock does in the mid130s, low 140s. Do we get that rebound? That's where the trading opportunity can be. Not the best report out of Dr. Horton. Stocks [clears throat] flat. I think we might actually see a little more downside before it actually starts to rebound. Cheers. What do you guys think about that? Let me get some coffee before we talk about Charles Schwab. and they just got their earnings and it looks like they double beat as well. So Charles Schwab reported adjusted EPS of a b 62 versus a $155 from last year on sales of 7.07 billion versus 6.89 billion from last year. Pretty nice double beat out of Charles Schwab. Looks like they increased um their total client assets 22% year-over-year to over 13 trillion dollars. Insane, man. And they see fullear revenue to increase by 17 1.5 to 18.5% versus the prior year. And they see fullear adjusted expenses to grow by 9 12 to 10 12% versus 2025. Not bad. Not bad for Charles Schwab. And look, the stock's up a lot recently, but if it if it gets close to the mid high 90s again, that could be the entry, that could [clears throat] be the entry that a lot of people are looking for. Uh, MM 3M also reported their stocks up 8 and a half%. Holy smokes, guys. Looks like they raised their guidance and their uh both EPS and their sales guidance. Looks like here EPS for the last quarter came in at $2.40 40 cents versus 225 expected on sales of 6.5 billion versus 6.4 billion um expected. So double beat out of 3M and again they raised their fullear 26 adjusted EPS and sales guidance um which is a very good sign. The stocks ripping multi-month high for 3M it makes sense. And GM is another one the last stock for the video guys also up around 5 a.5%. GM reported, let's see, earnings per share. Let's see if I can find it here, guys. Come on. Adjusted 357 versus 320 from last year on sales of 48 billion versus $47 billion um expected or I guess 320 expected. Uh so, double beat out of uh GM. Looks like here their guidance uh they raised it. Fullyear adjusted EPS they raised it. Uh looks like revenue guidance. I'm not seeing anything about revenue guidance, but not bad, man. GM, 3M, they're popping. Hallebertton selling off. DHI pretty flat. I think it will sell off more. And Charles Schwab, I'm looking for that sweet spot in the mid 90s. I think that could be a great entry uh for that stock. So, what a day. What a rebound day, guys. Stocks are going nuts across the board. AI, the Q's, S&P, every index is up. What more could you ask for, right? Let me know your thoughts in the comments. Hit the like button, subscribe, join my Patreon for my portfolio updates, my private Discord. All that's linked down below, pinned in the comments, or go to stocksurfest.com/patreon. And with that being said, have a great rest of your
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