As we enter the final trading week of 2025, Mark Longo breaks down a high-stakes, holiday-shortened Monday session. While the broader markets saw thin liquidity and red screens, several heavy hitters lit up the tape with unusual activity—including a rare top-tier appearance from British American Tobacco.


Inside This Episode:

  • The Holiday Volume Slump: Why it only took 265,000 contracts to break into the Top 10 today—the lightest volume since the “dog days of summer.”

  • Tesla’s Bearish Shift? Tesla takes the #1 spot, but for once, it’s the $465 puts dominating the tape as the stock slides over 3%.

  • The “Monster” Monthly Spread: A massive $350/$300 put spread in MicroStrategy (MSTR) captured the attention of volatility hunters.

  • The BTI Dividend Play: Why a sleepy tobacco name saw nearly 200x its average daily volume and what the Jan $50 in-the-money calls tell us about the ex-dividend date.

  • NVDA & Near-Term Upside: Analyzing the heavy retail interest in the Nvidia $190 calls expiring this week.


Today’s Hot Options Top 10 Countdown:

Rank Symbol Last Price Volume Hot Option Contract
#1 TSLA $459.64 1.77M **$465 Puts** (Jan 2 Exp)
#2 NVDA $188.22 1.63M **$190 Calls** (Jan 2 Exp)
#3 BTI $52.00 609K **$50 Calls** (Jan Monthly)
#4 PLTR $184.18 478K **$195 Calls** (Jan 2 Exp)
#5 AAPL $273.76 370K **$275 Calls** (Jan 2 Exp)
#6 MSTR $155.38 338K **$350/$300 Put Spread**
#7 AMZN $232.07 282K **$232.5 Calls** (Jan 2 Exp)
#8 AMD $215.61 276K **$215 Calls** (Jan 2 Exp)
#9 META $658.69 272K **$660 Calls** (Jan 2 Exp)
#10 VALE $12.92 265K Jan 2027 $8 Puts

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