10 Hot Stocks to Watch — Monday, July 27, 2026

Schlumberger rallied 11% today, outpacing a mixed energy sector, as investors digested strong Q2 digital revenue growth and renewed conviction in 2027 earnings. The options market is hedging aggressively: $50 and $45 puts are heavily traded ahead of Aug. 21 expiry, suggesting traders are protecting against a pullback toward the $48–$50 range despite bullish sentiment. Call volume on the $60 strike indicates some conviction above current levels, though the 0.93 call-to-put ratio signals lingering caution.

Arm Holdings tumbled 8.14% today despite securing a major AI server market-share victory that strengthens its long-term royalty moat—a disconnect signaling profit-taking after the stock's 153% run from its 52-week low. Options traders are undeterred: call volume spiked at the $375 and $370 strikes (both July–August 2026 expiries), suggesting conviction in a mean reversion above current levels. With big tech earnings and a Fed decision looming this week, the 3.95 beta stock faces elevated volatility; watch the $245 put floor for support.

Intel shares dropped sharply today, erasing recent gains tied to AI revenue growth and a landmark government partnership on advanced chip packaging. Yet options traders are painting a bullish picture: call volume is running 3.5x puts, with heavy concentration in $80 and $100 strike calls expiring mid-2026. The positioning suggests institutional confidence in a rebound toward $100, even as analysts caution the stock's valuation leaves little margin for error in an AI landscape dominated by Nvidia.

ServiceNow rallied 7.44% today, breaking a year-long SaaS downturn as strategic partnerships with TeamViewer and capital investments in autonomous IT operations capture investor appetite for AI-enabled enterprise software. The options market is heavily skewed bullish, with a 2.16 call-to-put ratio and 8,100+ contracts flooding into $100 calls expiring July 31—just four days away—signaling conviction near-term. Traders are eyeing resistance at $105 as the next technical hurdle, though the stock remains 53% below its 52-week peak.

Micron shares fell 6.99% today as China's state-backed memory chipmaker CXMT rocketed over 500% on its Shanghai IPO debut, raising $8.5 billion to compete in the AI-driven chip boom. The stark contrast underscores geopolitical risk in semiconductor supply chains and investor concerns over competitive pressure in high-margin memory markets. Options traders are hedging aggressively: put volume exploded with 23,873 contracts at the $520 strike (July 2026), signaling bets on further downside. Watch the $810 technical support level; a break below could trigger accelerated selling.

Robinhood tumbled 6.57% today despite blockbuster metrics from its blockchain—which ranked third by weekly fees at $25M and is drawing meme coins, real-world assets, and prediction markets. Options traders are hedging aggressively ahead of earnings, with a 2.77 call-to-put ratio masking heavy put buying at the $55 and $86 strikes through July 31. Bulls are targeting $101, but the competing narrative—that Robinhood Chain's success may cannibalize Ethereum—creates near-term friction ahead of the Fed decision later this week.

Adobe shares jumped 6.1% to $225.11, extending gains amid a flurry of bullish call activity. Options traders are positioning aggressively above current levels, with over 1,600 contracts betting on a move to $250 by late July and another 1,100 contracts targeting $350 by August. The 6.95 call-to-put ratio signals conviction among derivatives traders that momentum may persist toward $250 in the near term.

Moderna dropped 5.17% today as the biotech sector reeled from broader market headwinds tied to oil, tariffs, and geopolitical tensions. The real pressure, however, comes from an FDA showdown this week—a binary catalyst that could sharply reshape valuations overnight. Options traders are betting on volatility, with heavy call buying concentrated at $55–$58 strikes expiring July 31, signaling conviction in a near-term bounce. Watch the $55 level; a hold above it through week's end could validate bullish positioning.

Lucid Group fell sharply today, extending losses from a 52-week high of $33.10 to $6.45, as the broader EV sector grapples with margin compression and valuation concerns. Tesla's Q2 earnings miss on profitability metrics has cast a shadow over luxury EV peers, despite Tesla's record deliveries. Options flow remains mixed: call volume concentrates at $6.50 and $7.00 strikes expiring July 31, but put interest—particularly at the $6.50 ITM level—signals defensive positioning ahead of near-term support tests.

Salesforce climbed 4.29% to $163.66 Friday on the heels of a $1.6 billion Department of Veterans Affairs contract win—a potential inflection point for the Dow's worst performer this year. The deal, centered on AI-powered care workflows for 17 million veterans, addresses one of government's most visible tech failures and signals institutional appetite for CRM's enterprise AI platform. Options traders are aggressively long, with a 4.62 call-to-put ratio and nearly 2,500 contracts chasing the $170 strike through August 2026, suggesting conviction in a breakout toward $175–$180.