The Hot Options Report: 02-19-26

On today's episode of The Hot Options Report, Mark Longo breaks down a unique session where volume wasn't "explosive," but the nature of the flow was certainly "weird and wild." From a massive influx of deep-in-the-money (ITM) puts to the "Petroleum Div Day" dominating the energy sector, we're dissecting the tape to see where the big money is moving.

On the Docket Today:

• The Dividend Play: Why Shell (SHEL) and BP hit the top 10 with massive in-the-money call action.

• Crypto & MSTR: MicroStrategy catches a bid—is the $4.00 premium for the 130 calls a smart play or a sacrifice to the crypto gods?

• The Deep ITM Put Mystery: Unusual heavy put flow in AMD, Palantir (PLTR), and Amazon (AMZN).

• The Big Three: Breaking down the late-session fades in Apple (AAPL), Microsoft (MSFT), and Tesla (TSLA).

• Nvidia (NVDA): Sitting at the #1 spot on light volume—can it threaten the 190 strike before the week is out?