Mit Patel

Calls chasing puts, back and for PA for $SPY. OPEX shenanigans.

Every major tech company on Earth is now building a humanoid... pay attention. $BOT is already up almost 2X from my post 2 days ago. Follow the right traders on X and start preparing. Let me explain in more detail... $TSLA has Optimus. Figure raised at $40B recently. Apptronik is shipping Apollo. 1X has Neo. Unitree is selling them on the internet for $16K. China has Unitree, Xpeng, Xiaomi, BYD all in the race. This is no longer a "maybe one day" technology. It's a "who ships first and at what cost" race. The math is what makes it nuts though... Goldman thinks the humanoid market hits $38B by 2035. Morgan Stanley says 1 billion humanoids by 2050. Tesla says they could ship a million Optimus units a year by 2030. Pick whichever number you want and the trade is still massive. But here is the part that makes this different from every other "next big thing" theme... Humanoids actually solve a real problem the world is screaming about. We don't have enough workers. The US has 8 million open jobs. Japan is short 6 million workers by 2030. China's working age population peaked 10 years ago and is falling fast. Warehouses, factories, elder care, fast food, logistics, all of it needs labor that does not exist. Humanoids walk straight into that gap. And the second order trade is where the real money lives... Just like NVDA created the AI trade and the suppliers compounded faster than NVDA itself... Tesla and Figure are creating the humanoid trade and the suppliers are about to do the same thing. Lidar. Vision chips. Precision motors. Actuators. Edge AI silicon. Batteries. Start looking into these tickers, many of which we've already been talking about for months... $AEVA $ALNT $AMBA $AMBQ $ARBE $ATOM $AUR $CGNX $HG $INDI $ISRG $KITT $KLIC $LSCC $MBLY $MRAM $NEO $NOVT $OUST $RR $SERV $SYM $VPG $XPEV $ZBRA Every humanoid is basically a walking shopping list. Most of these supplier names are small cap, ignored, and trading at AI 2022 valuations. Not AI 2026 valuations. The repricing window is wide open. And the people positioned in the suppliers now are going to look like geniuses 18 months from now IMO. Will of course keep updating... Stay tuned.

Little bit of mixed flow (slightly bearish) about 30 into the session. Let's give it some time to settle in and digest this drop!

There it is: the Nasdaq's "dirty sharpe" ratio just hit the highest ever (basically means there are no more pullbacks).

Heading into tomorrow our $SPY aggregate is a bit more clustered, while the daily is wide open with a huge positive bar to keep an eye on a little below price. As always, keep an eye on flow and Convergence!