The Hot Options Report: 01-16-2026

Join Mark Longo for the Friday, January 16th edition of the Hot Options Report as he breaks down a "banger" of a day in the options market. On a day where it took a massive 779,000 contracts just to break into the Top 10, the tape was dominated by explosive moves in semiconductors and some truly wild corporate "shenanigans."

Today's Top Options Trading Stories:

• The Wolf Speed Phenomenon: Ticker WOLF shocks the market by kicking Nvidia and Tesla to the curb for the #1 spot. With 3.44 million contracts traded, the action was fueled by corporate restructuring fallout and a massive 1.14 million block of Jan 2 Puts. * The Semiconductor Surge: It was a banner day for chips. Micron (MU) popped nearly 8%, SMCI rallied 11%, and AMD saw heavy volume despite a late-day fade. We look at the strikes that paid off and the ones that left traders sweating.

• Tech Titan Tumble: Major names like Apple (AAPL) and Palantir (PLTR) came under pressure, leading to heavy premium-selling activity in near-term weekly options.

• Tesla & Nvidia Update: Even with massive volume, these perennial leaders fell to #2 and #3. We analyze the heavy interest in Nvidia's 190 calls and Tesla's 440 strike as traders fought for position.

Hot Trade Insights:

• Micron (MU): A happy day for the 360 call buyers who caught the $26 surge.

• SMCI: High-velocity trading in the 30.5 calls as the stock cleared $32.

• Intel (INTC): A deep dive into the 50 strike that paper has been watching for weeks.

For even more deep-dive data into today's options tape, visit TheHotOptionsReport.com .