Welcome to the first Hot Options Report of 2026! Mark Longo kicks off the new trading year by breaking down a high-volume session where "opening paper" dominated the tape. Despite a respectable 678,000 contracts needed to break the Top 10, the action was concentrated in zero-day expirations (0DTE) and a major shakeup in the EV sector.

Market Highlights & The Top 10 Countdown

The year started with a bang for semiconductors like Intel and Micron, while Tesla faced a rocky road following disappointing Q4 delivery numbers. We dive deep into the most active options contracts for the following movers:

• Tesla (TSLA): The undisputed #1. Following soft Q4 delivery data, the stock slipped 2.6%. The tape was lit up by 179,000 of the $440 Puts expiring today.

• Nvidia (NVDA): Claiming the #2 spot with 2.85M contracts. Investors focused heavily on the $190 Calls, with 347,000 contracts trading as the stock gained 1.25%.

• Palantir (PLTR): A rough start for PLTR, dropping 5.5%. Unlike the rest of the 0DTE crowd, the hot action here was in the $180 Calls expiring next week.

• The Semi Surge (INTC, MU, AMD): Intel rallied 6.75%, Micron gained a massive 10.5%, and AMD climbed 4.3%. We break down the heavy call activity in all three.

• Big Tech (AAPL, AMZN, NFLX): A mixed bag for the giants. Netflix saw a 3% sell-off, while Amazon and Apple both struggled to stay green.

• Data: TheHotOptionsReport.com

• Twitter/X: @Options