Host Mark Longo breaks down a wild, high-volume day across the options tape where tech took a beating, chip stocks went wild, and a massive names suffered jaw-dropping premium swings.
First, we kick the tires on today's Lucky Seven Scan at TheHotOptionsReport.com , highlighting unusual volume spikes in Arcosa Inc. (ACA), Absci Corp (ABSI), and Acumen Pharmaceuticals (ABOS).
Then, we dive into the top 10 most active options chains of the day:
SMCI (#10): Rallies over 15% to $35.46. Did buyers of the weekly $40 calls get a banger day?
Intel (#9): Up nearly $7 to $140.94. Paper leans heavy into selling the weekly $160 covered calls.
Big Tech Sell-Offs (#8 - #4): Breaking down the overriding and sweat equity in Netflix (NFLX), Microsoft (MSFT)—which broke the $370 strike in both directions—Alphabet (GOOGL), Apple (AAPL), and Amazon (AMZN).
SpaceX (#3): A brutal 16.5% downward slide ($30.40 drop) to close at $154.60. Is a 126 Vol implied volatility too cheap for the June weekly $180 calls?
Nvidia (#2): A relatively light 2.92 million contracts as NVDA slides to $208.65, making the zero-day-to-expiration (0DTE) $215 calls look like a slam-dunk sell.
Tesla (#1): TSLA takes the crown, rallying to $405.05. We look at the absolute wild price action on the 0DTE $410 calls that hit an intraday high of $415.
Check out the data yourself: Head over to TheHotOptionsReport.com for pre-baked unusual options scans.
