To start, we'll close out the TTD 5/16 $55 Calls right here.

TTD's earnings report was fantastic and the stock is looking over $68 in the early going. These calls could easily be $15+, which is a fantastic move from the $3.55 entry

So we'll be taking a beautiful gain here. I hope you participated!

Next, we'll add this position to Power Plays Options:

• Long TSLL May 16 $11 Calls

NOTE: TSLL is a leveraged ETF on Tesla (TSLA) stock.

These calls look good in the $0.70 to $1.10 area. (or lower)

I believe the market is so frustrated with Tesla that a surprise up move could happen in the next 2 days. Be aware this is high risk, but I like the reward potential.

As for the market, we could be in a holding pattern today because we have the pivotal US-China trade talks this weekend.

And the results of that could very well dictate the near-term action.

So this weekend is basically a binary event like a Fed/CPI day.

Know what you can handle, and think about cleaning up loose longs you're not attached to.

Now let's talk about our current names.

NVDA 5/16 $116 Calls: we took off 1/2 on Thursday for a nice gain on the rollback of semiconductor export curbs. If the market holds up, NVDA could get to $122.50+.

JD 5/16 $35 Calls: JD feels like it's still building, and our calls our up fractionally for now. We may have to roll these next week because expiration is coming.

GLD 5/16 $300 Puts: I added these puts because I believe the gold rally is over. We took off 2/3 so far for decent gains. Unfortunately, the remaining 1/3 is underwater - though if we get a real US-China trade deal this weekend, gold could plunge Monday.

XLE 6/30 $95 X $105 Call Spread: Unfortunately, this position has failed and is in the loss column.

MSOS 6/20 $4 Calls: MSOS occasionally shows signs of life but frankly, this sector is a mess. We still have plenty of time to expiration so there is a tiny chance this turns out decent, should positive legislation happen. 

-Scott