The Hot Options Report: Tesla Par Calls & Micron's AI Surge

Date: December 18, 2025

Host: Mark Longo

Can Tesla actually hit $500? In this episode, Mark Longo breaks down a high-volume Thursday where Tesla (TSLA) reclaiming the top spot was just the beginning. We dive into the massive retail and institutional interest in the Tesla 500 par calls and why traders are shelling out big premiums despite the strike being out of the money.

We also analyze the tech recovery sparked by Micron (MU) earnings and a cooler-than-expected CPI report. From Palantir's (PLTR) roaring return to life to the funky in-the-money put action in Netflix (NFLX) and Oracle (ORCL), we track the smart money moving through the tape.

The Top 10 Most Active Options Today

• #1 Tesla (TSLA): 2.97M contracts. Breaking down the 179,000 contracts at the 500 strike.

• #2 Nvidia (NVDA): 2.86M contracts. Tracking the 180 calls as AI sentiment shifts.

• #3 Netflix (NFLX): 973K contracts. Analyzing the bizarre $114 puts and Jan-26 positioning.

• #4 Apple (AAPL): 953K contracts. Can the fruit company cross the 275 threshold by tomorrow?

• #5 Amazon (AMZN): 791K contracts. Bullish sentiment holds at the 230 strike.

• #6 Micron (MU): 785K contracts. Earnings reaction: 10% pop and 260 strike dominance.

• #7 Palantir (PLTR): 777K contracts. Drawing a line in the sand at the 190 calls.

• #8 Broadcom (AVGO): 758K contracts. Funky flow as AVGO goes Ex-Dividend.

• #9 The Monster (MSTR): 756K contracts. Breaking down the 200 par puts.

• #10 Oracle (ORCL): 673K contracts. High-parity put action at the 220 strike.

Resources & Links

• Live Data: TheHotOptionsReport.com

• Join the Pro Community: TheOptionsInsider.com/Pro

• Follow Mark on X: @OptionsInsider