The Hot Options Report: 03-26-26

Markets are seeing "blood red" across the board as the tech giants give up the ghost. On today's episode, Mark Longo breaks down a high-velocity day in the options pits, where over half a million contracts was the baseline just to break into the top ten.

We dive deep into our Call Pump Scan of the Day, highlighting unusual bullish flow in names like WisdomTree (WT), Steve Madden (SHOO), and CalVista Pharmaceuticals (KALV). Meanwhile, the "Magnificent Seven" are facing a reckoning: from Nvidia's $7.50 slide to Meta's massive 8% drop.

Key Highlights:

• Meta's Intriguing Fly: Is the sell-off overdone? We dissect a massive 100k x 200k x 100k long-term call butterfly (700/750/800) in Meta.

• Tesla's "Penny" Protection: Why someone just bought 100,000 of the 680 calls for next week.

• Semiconductor Slump: Checking the wreckage in AMD and Micron as they plummet from recent highs.

• Apple & Alphabet: Analyzing the short-term put action as traders bet on further downside for tomorrow's expiration.

Get the data behind the trades at TheHotOptionsReport.com .