Options trading surged above average on stocks favored by retail investors, including Robinhood, Palantir, Tesla, and SpaceX. Traders are buying calls at least twice as much as puts, signaling strong bullish sentiment amid low market volatility, with the VIX below 15. Robinhood saw the most bullish action, with call buying nearly three times put buying, pushing its stock positive for the year. Tesla and SpaceX options activity is driven by anticipation of Tesla's Cybercab event and SpaceX reclaiming key price levels, despite historically low implied volatility. This aggressive retail trading suggests confidence and momentum in these volatile, speculative stocks.
SoFi Technologies' stock has dropped 44% year-to-date in 2026, significantly underperforming other major fintech companies like Robinhood and Affirm. The company recently launched SoFi Earn, a crypto-linked tokenized bank deposit product aimed at act...
Robinhood's crypto revenue fell 38% year-over-year to $100 million in Q2 2026, marking its third consecutive quarterly decline. Despite this, crypto trading volumes increased significantly in August and September, suggesting a potential rebound in Q3...
