Unusual Call Activity Flags HTZ, INTC, AAPL and a Broad Range of Names on August 10

Options markets saw a concentrated burst of unusual call activity on Monday, August 10, with traders flagging positions across more than a dozen names. The most notable contracts included Hertz Global calls at a $3 strike expiring August 14, Intel calls at a $110 strike, Rocket Companies November $17 calls, The Trade Desk January 2028 $15 calls, Apple October $390 calls, and Sprint January $40 calls, among others. Hertz and Intel also appeared on separate lists of the day's most active options alongside Nvidia, Tesla, Palantir, Meta, AMD, and Netflix.

On the analyst commentary side, positive notes circulated on ConocoPhillips from Freedom Broker, SION from RBC, and WBD and FCFS from Loop and Freedom Broker respectively. Russell 3000 component MP Materials led notable index option volume with 46,132 contracts traded, while Lincoln Educational and Bowman Consulting also drew outsized contract activity relative to their norms. Broader market tone was one of digestion after recent large gains, with Amazon, Twilio, and Coherent cited as names in focus, and Simon Property Group, Quantum Computing, and Riot Platforms flagged for after-hours watch.