The high-volume options tape lit up today as wild price action shook major tech giants. In this episode of The Hot Options Report, Mark Longo breaks down the massive contract volume driving the tape—including a historic single-day meltdown for Broadcom (AVGO) and Nvidia's resilient rally against the broader tech sell-off.
Plus, we dive into the "Lucky Seven" scan from TheHotOptionsReport.com to reveal which underlying stocks are seeing unprecedented spikes in option activity, alongside deep-dive contract analytics for today's top market movers.
On the Docket Today:
The Lucky Seven Scan: Spotlighting huge volume surges in ACRS, ABT, and ABSI.
Palantir (PLTR) & Bank of America (BAC): Analyzing quick-turn expiry trades and ex-dividend volume spikes.
MicroStrategy (MSTR) & Apple (AAPL): Breaking down short-term covered calls and out-of-the-money call positioning.
The Tech Shake-Up: Inside Nokia's dip-buying, Micron's (MU) massive $231 out-of-the-money put sales, and Meta's pricing fluctuations.
The Heavyweights: Dissecting the 1.2 million contracts traded during Broadcom's 13% drop, Tesla's (TSLA) downside shift, and the massive 3.7 million contract flow pushing Nvidia (NVDA) near its key strikes.
Check out the analytics, tools, and watchlists at TheHotOptionsReport.com .
