The Hot Options Report: 10-08-2026

Options traders bet NVIDIA stays below $240 and piled into Tesla puts as tech broadly sold off, while Apple and Palantir diverged higher.

• NVIDIA tops volume: 3.11 million contracts traded as stock retreated to $230 from this week's record $243.37 high; hot option was 194,000 of the $240 calls expiring Friday, averaging 22 cents.
• Tesla puts dominate: 1.39 million contracts traded as stock fell $2.81 to $375; the $370 puts (113,000 contracts, avg $2.13) went $2 in-the-money intraday to $368.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.