HOST: Mark Longo, The Options Insider
This episode breaks down an absolutely wild Friday marked by massive options volume and a dramatic intraday market reversal.
Today’s Drama: Bulls vs. Bears
- The Reversal: Markets (SPY/S) fought back from a sharp morning sell-off to close fractionally positive, highlighting fierce dip-buying. QQQ closed in the red.
- Volume Surge: Options activity blew past the Average Daily Volume (ADV) in VIX, SPY, QQQ, and IWM.
Top Single Stock Action
- NVIDIA (NVDA): 5.5 Million Contracts. The 185 Calls ($0.66 avg.) were a massive win, closing worth over $3.00.
- Tesla (TSLA): Nearly 4 Million Contracts. Volume in 435 Calls ($2.00 avg.) after the stock got hit following its pay package news.
- Palantir, AMD, Apple, Meta: All saw 1M+ volume with high-stakes put and call trades reacting to the day’s wild swings.
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