10 Hot Stocks to Watch — Tuesday, August 4, 2026

Oracle jumped 9.22% today, reclaiming momentum as enterprise cloud adoption accelerates across hospitality and federal IT modernization contracts. Options markets are flashing conviction: call-to-put ratio stands at 6.6x, with heavy positioning in $150 and $160 calls expiring August 2026—suggesting traders are betting on a sustained rally toward $160+. The move arrives amid broader AI infrastructure enthusiasm, though ORCL remains 28% underwater for the year; watch $150 as the critical near-term resistance level.

SoundHound AI tumbled 8.65% to $5.70 today, reversing gains from news that MUSC Health expanded its Emily AI agent on the company's platform. Yet options traders are painting a starkly different picture: a 2.46 call-to-put ratio and 10,953 contracts of $7.0 calls (August 2026) suggest institutional conviction in a $47.5B voice AI TAM thesis. Watch $6.50–$7.00 resistance; a break above signals a potential mean reversion into the $7.93 analyst target.

Intuitive Surgical jumped 6.25% to $375.41 after analyst sentiment shifted bullish on the da Vinci maker's expansion into general surgery and adjacent specialties beyond urology. The options market is pricing in further upside, with heavy call buying concentrated at the $400 and $430 strikes through late August, signaling conviction above current levels. Watch the $400 call expiring August 21st as a key technical barometer; breach would target $430 resistance where notable out-of-the-money volume clusters.

CrowdStrike climbed 6.12% to $202.54 on news that its flagship Fal.Con 2026 conference sold out at record pace, signaling robust enterprise demand for AI-era cybersecurity. The surge underscores a structural shift: AI adoption is driving incremental security spending across organizations. Options traders are aggressively positioning for continued upside, with a 9.29 call-to-put ratio and heavy volume in $210 and $220 calls expiring August 14th. Watch the $210 resistance level as the next flashpoint.

Meta climbed 6% to $590.24 on broad tech strength, with communication services leading Monday's market recovery. Options traders are aggressively buying calls, particularly the $637.50 strike expiring Wednesday, signaling confidence above current levels despite Wall Street's mounting skepticism over Zuckerberg's $130 billion AI spend. The call-to-put ratio of 1.66 and heavy near-term call volume suggest tactical bullish positioning, though structural concerns about negative free cash flow and valuations persist across the Magnificent Seven.

Alphabet climbed 4.88% to $373.51 as fresh reports confirmed Berkshire Hathaway's $23 billion commitment under Greg Abel—a rare vote of confidence from Warren Buffett, who publicly flagged AI concerns yet admitted he should have bought years earlier. Options traders are betting on further upside: call volume swells 7.69x puts, with heavy positioning in $375 and $380 strikes expiring August 2026, signaling conviction above current levels. Watch $380 as near-term resistance; a break would target the 52-week high of $408.61.

Amazon surged 4.58% to $284.02, breaching a $3 trillion market valuation as AWS momentum accelerates operating margins and the options market shows aggressive bullish positioning. Founder Jeff Bezos's $4.07 billion planned stock sale—a pre-arranged trade tied to financing ventures—triggered overnight weakness but failed to derail the rally, signaling institutional conviction. Heavy call volume clustering at $290 and $300 strikes (expiring August 2026) indicates traders are pricing in sustained upside, with a 2.99 call-to-put ratio cementing a decidedly risk-on stance.

Robinhood Markets rallied 4.37% to $90.34 following a Q2 earnings beat—$1.31B revenue and $0.62 EPS—plus the launch of Robinhood Ventures Fund II, a $200M retail-access vehicle targeting an August 13 NYSE listing. Options markets are overwhelmingly bullish, with a 4.51 call-to-put ratio and heavy August 7 call volume concentrated at $93–$100 strikes, suggesting traders see immediate upside momentum. Watch the $100 level as resistance; a break above unlocks further consolidation ahead of RVII's IPO priced at $25.

Tesla rebounded 3.49% to $322.08 on Monday, reclaiming support after weeks of weakness tied to SpaceX merger chatter and Musk's $700B net worth decline. Options traders are heavily long, with a 2.13 call-to-put ratio and 35,500+ contracts stacked at the $320 and $325 strikes expiring this week, signaling conviction above current levels. Stifel, a longtime bull, has turned cautious—a red flag despite the intraday pop. Watch the $325 level by Friday's close as the critical near-term resistance.

Boeing jumped 3.46% to $218.82 as geopolitical tensions eased following Trump's Iran negotiations reversal and falling crude prices. The aerospace giant's 737 Max 7 FAA clearance—ending a near-decade regulatory saga—removes a key overhang. Options traders are cautiously bullish: call volume clusters around $230–$240 strikes through August 2026, with the $230 ITM contract showing 6,592 vol, suggesting institutional conviction toward $240. Watch $230 support and $254.35 resistance (52-week high) this week.