The tech-heavy Nasdaq-100 index, represented by the Invesco QQQ Trust (QQQ), is approaching all-time highs after a significant rally. The index has seen a notable increase, nearing 499, and is within a couple of percent of its all-time high following a 16% correction from July to August. This surge is driven by strong performances in the tech sector, with companies like Netflix (NFLX) expected to report earnings soon. Additionally, Affirm Holdings Inc. (AFRM) has experienced a massive flag breakout, with significant call buying activity, including 2900 June 2025 $47.50 calls for $3.9M and buyers of 3000 Dec $52.50 calls. AFRM's Put/Call ratio stands at 11k/39k. Upstart Holdings Inc. (UPST) also saw a substantial rise, closing up 15% to $54.07, reaching a new 52-week high after being upgraded by Wedbush from Underweight to Neutral, with a price target increase from $10 to $45. Investors are also mindful of OPEX Friday approaching.