SpaceX crashes while AMD's post-earnings rally fizzles. On this episode of The Hot Options Report, Mark Longo breaks down another action-packed day in the options market as traders react to a wave of earnings-driven volatility.
AMD briefly pushed back above the $500 level after earnings before reversing sharply, while SpaceX suffered a brutal post-earnings selloff in its first earnings report as a public company. NVIDIA once again dominated the options tape with more than 6.3 million contracts traded, including over 1 million contracts on a single strike.
You'll also get a look at today's most active options names, unusual activity from QuikOptions, and a breakdown of the biggest trades across:
Plus, we highlight unusual options activity in LOVE, XPEL, and GERN using the powerful scans available at TheHotOptionsReport.com.