The Options Insider Radio Network

Tesla extends its rally, SoFi surges after earnings, and options traders chase the action. On this episode of The Hot Options Report, we break down the most active stock options, led by TSLA as speculation about a potential SpaceX tie-up fuels another move higher.

We also explore SoFi's earnings rally and bullish options activity, Micron's sharp climb, Boeing's tumble to a new low, and continued pressure on Meta. Plus, get the most active contracts, expiration dates, and trading highlights for Nvidia, Apple, Amazon, Microsoft, and SpaceX.

Explore the options scans and political trading tools discussed on the show at TheHotOptionsReport.com.

Can you reduce Bitcoin's downside risk without putting a hard cap on its upside? Mark Longo welcomes Mark Adams, co-founder and CIO of Fortuna Funds, to explore the options strategy behind HBTC, the firm's hedged Bitcoin ETF.

Adams explains how the fund uses IBIT options, protective puts and call spreads to build an "uncapped collar." They discuss the tradeoffs between downside protection and upside participation, monthly hedge resets, FLEX options, and why covered call income alone may offer limited help during a crypto selloff.

Then, we break down the latest crypto market moves and options activity, including: • Bitcoin's retreat below $80,000 during the show. • IBIT short-term calls and a longer-term bearish put spread. • MSTR volatility and potential covered call activity. • Ethereum, ETHA, BMNR and Circle options. • HYPE, Solana, XRP and the latest altcoin movers.

Elon Musk's "guppy death" comments shake up AI cloud stocks while speculation about a potential Tesla–SpaceX tie-up helps send TSLA soaring. On this episode of The Hot Options Report, Mark Longo breaks down the day's busiest stock options, standout contracts, and dramatic intraday reversals.

Tesla leads the countdown with more than 3 million contracts, followed by Nvidia and SpaceX (SPCX). We explore CoreWeave's turbulent session, November put activity in Netflix, and the options action in Apple, Micron, Meta, Amazon, and Alphabet.

Plus, a recurring lesson from the options tape: getting the stock's direction right doesn't guarantee a winning trade. Mark examines zero-day options that briefly moved into the money before expiring worthless—and why timing mattered for both buyers and sellers.

Listen for the hottest options activity, WallStreetBets scan highlights, and a closer look at the contracts driving the action.

On this episode we break down the tech rebound, unusual options activity and the S&P 500's own "Mason-Dixon Line." Mark Longo, Andrew "The Rock Lobster" Giovinazzi and Mike Tosaw explore the market's trading range, shifting volatility and the debate over AI spending—including Elon Musk's colorful "guppy death" warning for the neocloud business.

On the docket:

• Trading Block: Tesla, Nvidia, CoreWeave and other active names as tech rallies, plus VIX, interest rates and election uncertainty.

• Odd Block: Unpacking a massive JetBlue options trade involving call spreads and puts, plus unusual Braze call activity tied to its acquisition.

• Strategy Block: Managing protective collars after a stock declines. Uncle Mike uses Netflix to explain taking put profits, rolling protection and potentially funding additional stock purchases.

• Around the Block: Big tech earnings, Fed developments and the key S&P 500 levels the panel is monitoring.

Plus, Uncle Mike fights back in the trivia challenge—and a history question becomes a surprisingly useful market metaphor.

VIX is back above 20, stocks are under pressure, and volatility traders have plenty to unpack as Mark Longo and Russell Rhoads celebrate 700 episodes of Volatility Views!

On this episode, we break down the market fallout from Meta and Tesla earnings, mounting concerns over AI spending, and what a flatter VIX futures curve reveals about demand for protection. Is volatility establishing a higher floor, or are traders still eager to sell every spike?

We also explore: • VIX, VVIX and VOLI—and what skew reveals beneath the surface. • Unusual VIX options activity, weekly trades and a sizable ratio spread roll into December. • October VIX settlement and the challenges of monetizing volatility hedges. • SVIX, UVIX, UVXY and VXX performance, options activity and liquidity. • Russell's approach to weekend volatility exposure. • Our next round of Crystal Ball VIX forecasts.

Plus, Mark recaps ALTSO's Rocktoberfest charity event, and we reflect on 700 episodes of navigating the volatility markets.

AMD and Micron rally as the broader market ends the week in the red—but where is the hottest options activity? Mark Longo breaks down the ten most active stock options names, the contracts drawing attention and the intraday reversals that left many expiration-day options worthless.

On this episode: • AMD, Micron and Intel buck the market selloff. • Tesla edges out Nvidia for the top spot in the options volume countdown. • Apple's early rally fades, while Meta and Amazon finish lower. • SpaceX and MicroStrategy join the most active names. • A QuikOptions scan reveals 135 trades with more than $1 million in premium, including sizable positions in Taiwan Semiconductor and the GLD gold ETF.

Get the strikes, premiums and price action behind the day's busiest options in The Hot Options Report for October 23, 2026.

Brought to you by QuikOptions. Explore the scans at TheHotOptionsReport.com.

Earnings fallout slams tech stocks, but Apple refuses to join the selloff. Mark Longo breaks down the day's busiest equity options as Meta's spending outlook rattles investors, Tesla reverses an early rally and Nvidia tops the options activity countdown.

On this episode: • META slides as spending and cash flow concerns overshadow revenue. • TSLA's post-earnings reversal puts short-dated upside bets under pressure. • AAPL hits a fresh all-time high while traders target the 350 calls. • NVDA, AMD, CoreWeave, Micron and Intel tumble. • SpaceX gives back its post-earnings gains, while Amazon joins the retreat.

Explore the most active options, key strikes and expiration-day stakes heading into Friday, plus a look at QuikOptions' earnings scanner for finding companies reporting results.

The Hot Options Report is brought to you by QuikOptions. Explore the data at TheHotOptionsReport.com.

Mark Longo welcomes Dr. Russell Rhoads of Kelley School of Business at Indiana University to break down the futures options activity, volatility shifts and skew changes behind these diverging markets.

On this episode: • Natural gas plunges as options volume tops 1 million contracts. Are traders taking profits on puts, positioning for a rebound or rolling their downside exposure? • WTI crude approaches $100, with active trading in December 110 calls and 85 puts as election and geopolitical risks loom. • Nasdaq futures tumble amid concerns about AI spending, sending traders toward downside protection even as far out-of-the-money calls attract substantial volume. • Chicago wheat slides, but call premiums remain elevated. What does the options skew reveal about upside risk? • Russell explores small-cap seasonality and the case for pairing long small-cap exposure with a bearish technology outlook.

Plus, the Movers and Shakers report highlights the biggest gains and losses across CME Group markets.

A massive semiconductor call spread runs into a tech selloff—and the timing gets painful fast. On this episode, Mark Longo, Mike Tosaw and Henry Schwartz break down a $12.1 million bullish position in SMH, unusual options activity in Toast, and the market's latest reaction to Meta and Tesla earnings.

Henry takes listeners inside the 55,000-lot SMH call spread, explaining its structure, defined risk and sharp decline in value. He also examines heavy call selling in Toast (TOST), including unusual market maker activity and in-the-money opening trades.

Plus, the panel explores: • Premarket options trading: early volume trends, wider bid-ask spreads and execution challenges. • Mike's Meta collar adjustments and his reasoning for buying back short calls. • Active options trading in Nvidia, Apple, CoreWeave, Tesla and other leading names. • VIX activity, sector rotation and options pricing around the upcoming midterm elections.

Mark also spotlights A Leg To Stand On (ALTSO), the charity helping children with limb disabilities—and the "cool kids" behind this episode's title.

Earnings season heats up as SpaceX takes the top spot in the options countdown and Tesla rallies ahead of its own results. Mark Longo breaks down the day's busiest stock options, the initial after-hours reaction to Tesla earnings, and whether aggressive short-term bets paid off.

On this episode: • SpaceX's post-earnings surge and the fate of its popular upside calls. • Tesla's rally, earnings reaction, and positioning at the 400 strike. • Nvidia, AMD, and Micron climb as the AI trade regains momentum. • Netflix slides after earnings while CoreWeave traders reach for a rebound. • Apple rallies, but its busiest calls finish out of the money. • Surprising short-dated activity in SVIX, Rumble, and Tractor Supply.

Get the stories behind the volume, with a closer look at options buying, selling, and the intraday moves that separated winners from losers.

Explore the scans at TheHotOptionsReport.com.