10 Hot Stocks to Watch — Friday, September 4, 2026

Robinhood rocketed 16.6% to $124.72 after Deutsche Bank flagged prediction market growth as a structural tailwind for brokerages, with CEO Tenev touting $150M in new Trust Account assets since August launch. The stock now trades near its 52-week high of $153.86, buoyed by Wall Street's broadening narrative around 13+ revenue lines exceeding $100M annually. Options markets show heavy conviction: call volume crushes puts at a 3.14 ratio, with $120–$130 strike calls for September 2026 expiry drawing massive flow, signaling positioning for further upside into year-end.

Snowflake rocketed 16.55% to $356.47 Thursday, extending its 52-week rally as JPMorgan, Scotiabank, Raymond James, and Piper Sandler all raised price targets in a coordinated push—with Piper now calling for $450. The options market is screaming conviction: a 2.91 call-to-put ratio and heavy buying in September 2026 $400 calls (12,854 contracts) signal traders are betting on continued upside through year-end. Watch the $400 strike as a magnet level; a close above $370 would confirm the breakout.

Coinbase Global rallied over 10% Thursday as Bitcoin climbed toward $80K following dovish Federal Reserve commentary, with the crypto exchange benefiting from broader digital-asset momentum alongside peers MicroStrategy and Robinhood. Options markets are flashing aggressive bullish conviction: call-to-put ratio sits at 5.97, with heavy call buying concentrated in September 2026 contracts across the $190–$200 strike band—suggesting traders are positioning for sustained upside. The appointment of former xAI CFO Anthony Armstrong to the board signals strategic expansion beyond spot trading into derivatives, particularly following Canada's regulated launch. Watch the $200 call strike as a near-term resistance level; sustained closes above $195 would validate the options positioning.

Marathon Holdings tumbled 9.35% Friday as Bitcoin pulled back from $80K, exposing the disconnect between crypto-exchange recoveries and mining equities. The company's AI data-center diversification strategy faces near-term headwinds tied to macro volatility and BTC price swings. Yet options markets are painting a bullish picture: call volume exploded across the $11–$12.50 strike range (Sept. 2026 expiry), with a 5.13 call-to-put ratio signaling conviction among leveraged traders. Watch $11 as near-term support; a hold above that level could attract fresh call buyers betting on AI tailwinds and MARA's 50K+ BTC treasury cushion.

Riot Platforms fell 8.81% today despite Bitcoin's surge to $80,000, underperforming as the market favors crypto exchanges and treasury holders over miners. The stock's high beta of 3.8 amplified downside pressure even as sector tailwinds mounted—Fed pause signals and activist investor Dan Loeb's AI-focused miner basket spotlight structural shifts. Options traders are hedging: heavy put volume near $19.50 (Sept 4) and $20 (Sept 11) suggests support building, though $23 calls through 2026 signal conviction in a potential AI infrastructure pivot. Watch $18.50 as key support.

Rivian shares tumbled 6.25% Tuesday, extending losses amid CFO leadership changes and investor concerns over Q4 production and margins amid intensifying EV competition. Yet the options market is flashing bullish signals: a 1.93 call-to-put ratio and heavy September 4th call buying at $16 and $16.50 strikes—4,484 and 3,236 contracts respectively—suggest informed traders are positioning for a rebound near resistance. Watch $16 as the technical flashpoint; a break above unlocks the 52-week high at $22.69.

AST SpaceMobile tumbled 5.45% to $58.09 today, extending August losses as manufacturing delays and SpaceX concerns linger—yet options traders are aggressively loading calls. A 6.17 call-to-put ratio and 10,900 contracts flooding the $66 September 2026 strike suggest conviction in a rebound toward Berenberg's $92 price target. Director insider purchases and a fresh Buy initiation have failed to arrest the selloff, signaling a potential washout before the 2027 revenue ramp.

Tesla rallied 5.42% to $376.37 following the launch of its driverless Cybercab robotaxi service in Austin, with limited fleet registrations now live. Options traders are positioning aggressively bullish, with call volume crushing puts at a 2.0 ratio and heavy concentration in $380–$400 calls expiring September 2026, suggesting conviction for a move higher. However, regulatory scrutiny of the Cybercab and Friday's employment data could inject volatility. Watch the $400 level for confirmation of sustained momentum.

Rocket Lab shares dropped 4.65% today despite robust options activity signaling conviction among call buyers. A massive 8.36 call-to-put ratio, led by heavy volume in $63–$65 strike calls expiring September 2026, suggests traders are positioning for a sustained recovery from current levels. The positioning comes as RKLB notches 94 successful Electron launches and 16 future bookings, though the stock struggles to outpace SpaceX momentum. Watch $65 as the critical near-term resistance.

PayPal surged today following Federal Reserve Governor Christopher Waller's signals favoring steady rates, reigniting M&A speculation after a $50 billion bid resurfaced. The options market is screaming bullish: a 17.89 call-to-put ratio with heavy positioning in $55–$60 strikes through September 2026 suggests institutional conviction above the $60.50 ceiling cited by analysts. Watch the $60 level—breach it and strategic buyers may re-engage.