On this midday Friday, August 29th edition of the Hot Options Report, the hosts cover a day of market sell-offs across the major indices. The VIX is up, reflecting increased volatility, with significant activity in its October 31 calls. The show breaks down the top tickers seeing explosive options action, with a notable theme being the aggressive buying of out-of-the-money calls in major tech names like TSLA and NVDA, despite the overall market downtrend. The top 10 single-name stocks are dominated by companies with recent earnings reports, including Marvell (MRVL) and Baba (BABA). The episode wraps up by noting the need for a significant market reversal in the second half of the day for many of these bullish bets to pay off.

Time Stamp

2:30: VIX
3:46: SPY
4:57: SPX
6:05: IWM
7:12: Q's (QQQ)
8:20: Top 10 Single Names
8:55: Marvell (MRVL) - #10
10:00: Weebull (BULL) - #9
11:27: MicroStrategy (MSTR) - #8
12:52: Palantir (PLTR) - #7
14:14: AMD - #6
15:15: Apple (AAPL) - #5
16:03: Open (OPEN) - #4
17:34: Baba (BABA) - #3
18:55: Tesla (TSLA) - #2
20:25: Nvidia (NVDA) - #1
22:00: Closing

------------------------------------------------------------------

All investing involves risk. Brokerage services for US listed securities, options and bonds in a self-directed brokerage account are offered by Open to the Public Investing Inc, member FINRA & SIPC. Not investment advice. Options trading entails significant risk and is not appropriate for all investors. Customers must read and understand the Characteristics and Risks of Standardized Options before considering any options strategy. Options investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount, and are only available for qualified customers. Index options have special features and fees that should be carefully considered, including settlement, exercise, expiration, tax, and cost characteristics. See Fee Schedule for all options trading fees. There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade. Rebate rates vary monthly from $0.06-$0.18 and depend on the particular security, whether the trade was placed via API, as well as your current and prior month’s options trading volume. Review Options Rebate Terms here. Rates are subject to change. Go to public.com/optionsbrief to learn more.

Rosie Perez + Marc Maron (Carolla Classics)

Adam Carolla Show

Dog sitting, pets and responsibility stories

The AI-powered Podcast Player