The Options Insider Radio Network The Hot Options Report: 03-20-26
Mar 20, 2026
They unpack a $2.5B smuggling scandal tied to AI chips and the huge sell-off that followed. Large options sweeps and nearly $1M in premium flow through SPY, IWM and NVDA LEAPS get highlighted. Heavy put activity and notable strikes across SMCI, Intel, Micron and Amazon are broken down. Volatility and big contract moves in NVDA, Tesla, Microsoft, Apple and SoFi round out the coverage.
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Silver Sweep Reveals Nearly $1M Institutional Flows
- The Silver Sweep scan spots multi-exchange sweep orders with total premium between $750k and $1M to reveal institutional interest.
- Top three sweeps that day included SPY 685 calls 1-year, IWM June 200 puts, and NVDA Jan 170 puts near $1M premium.
Expect Intraday Sweat When Selling Short-Dated Calls
- When selling near-the-money calls during intraday rallies, expect to sweat as vol spikes can push options into the money then back out by close.
- Mark Longo points to Meta and Microsoft call sellers who profited if they held through closes despite intraday swings.
Account For Expiration Duration When Trading Puts
- When considering short-dated puts on weak names, factor in the remaining duration since next-month expirations give trades extra time to resolve.
- Longo notes SoFi and other names where April or June expiries added meaningful duration to the option trades.