🌎 Market Context Markets are opening cautiously ahead of one of the biggest weeks of the quarter. * 🏦 Federal Reserve decision tomorrow * 💻 Microsoft & Meta earnings Wednesday * 🍎 Apple & Amazon earnings Thursday * 📊 GDP, inflation and employment data later this week * 🛢️ Oil continues to weaken as U.S.–Iran tensions ease * ⚠️ Semiconductor stocks remain under pressure from AI spending concerns and increased Chinese competition. ⸻ 📊 VIX Game Plan Current VIX: Approximately 17 🟢 Under 16 = Buyers In Control 🟡 16–18 = Caution 🔴 Above 18 = Sellers In Control TFZ Read: The VIX is sitting in the caution zone. Expect increased volatility around earnings and the Fed. Wait for confirmation before entering trades. ⸻ 🟢 CALL WATCHLIST AAPL – ~$337.50 (Premarket) 🟢 CALLS ⬆️ Reclaim 338.00 🎯 Targets: 340.00 → 343.00 → 347.00 🔴 PUTS ⬇️ Lose 334.50 🎯 Targets: 332.00 → 329.00 → 326.00 Catalyst: Apple earnings later this week. Relative strength versus most semiconductor names. ⸻ MSFT – ~$389.50 (Premarket) 🟢 CALLS ⬆️ Reclaim 390.00 🎯 Targets: 394.00 → 398.00 → 402.00 🔴 PUTS ⬇️ Lose 385.00 🎯 Targets: 382.00 → 378.00 → 374.00 Catalyst: Azure and AI earnings tomorrow after the close. ⸻ GOOGL – ~$327.00 (Premarket) 🟢 CALLS ⬆️ Reclaim 328.00 🎯 Targets: 331.00 → 334.00 → 338.00 🔴 PUTS ⬇️ Lose 324.00 🎯 Targets: 321.00 → 318.00 → 315.00 Catalyst: Continued cloud strength despite AI capex concerns. ⸻ KO – Earnings 🟢 CALLS ⬆️ Reclaim Previous High 🎯 Targets: Gap Fill → New High 🔴 PUTS ⬇️ Lose Premarket Low 🎯 Targets: Prior Support Catalyst: Earnings beat and raised guidance. ⸻ BA – Earnings 🟢 CALLS ⬆️ Reclaim Premarket High 🎯 Targets: Gap Fill → Continuation 🔴 PUTS ⬇️ Lose Premarket Low 🎯 Targets: Prior Daily Support Catalyst: Boeing earnings. Expect elevated volatility. ⸻ 🔴 PUT WATCHLIST NVDA – ~$196.10 (Premarket) 🔴 PUTS ⬇️ Lose 196.00 🎯 Targets: 192.00 → 188.00 → 184.00 🟢 CALLS ⬆️ Reclaim 200.00 🎯 Targets: 204.00 → 208.00 → 212.00

🌎 Market Context 📊 Wall Street finished Monday mixed as investors balanced easing U.S.–Iran tensions against fresh concerns surrounding semiconductor competition and heavy AI spending. The Dow gained 0.51%, the S&P 500 finished nearly flat at +0.02%, and the Nasdaq slipped 0.18%. Trading volume remained below average as institutions waited for earnings and Wednesday’s Federal Reserve decision. 🛢️ Oil fell sharply after the United States and Iran paused strikes and resumed diplomatic discussions. Brent crude retreated into the upper-$80 range after trading above $100 last week, while Treasury yields also moved lower as inflation fears eased. The geopolitical situation remains fluid, so oil and defense-related stocks may continue reacting aggressively to new headlines. 📈 Tuesday’s earnings calendar includes Boeing, Coca-Cola, PayPal and UPS. These reports arrive ahead of an even larger wave involving Microsoft and Meta on Wednesday, followed by Apple and Amazon on Thursday. 💰 Institutional Money Flow Monday’s tape showed selective rotation instead of broad risk-on buying. Consumer staples and large defensive companies attracted capital, with Walmart gaining about 2.1%, Johnson & Johnson gaining roughly 1%, and Coca-Cola rising approximately 2.2%. Microsoft also advanced close to 1.9% ahead of earnings. Semiconductors experienced notable distribution. Nvidia fell approximately 5.1% on heavy volume, while the Philadelphia Semiconductor Index lost 2.2%. Concerns included the explosive market debut of Chinese memory-chip company CXMT and questions surrounding Nvidia’s potential financial backing of a massive OpenAI data-center project. Energy also saw capital move out as the geopolitical premium came out of crude oil. Occidental fell about 4.2%, Exxon lost roughly 1.4%, and other producers weakened with oil. This appears to be a short-term rotation caused by falling crude rather than proof of a permanent institutional exit from energy. 🔄 Sector Rotation Showing Relative Strength