The Hot Options Report breaks down a day where light index volume was crushed by aggressive, high-flying single-stock bets! We dive into the tape to track the massive flow behind the 22% surge in CIFR (Cipher Mining) and examine the sky-high premiums paid for its upside calls. Plus, we cover the heavy pre-earnings volume in PLTR (Palantir) and GRAB, the costly out-of-the-money calls in NVDA and TSLA, and why volume came up short in VIX and the major indexes. Find out which costly calls paid off and which are set to expire worthless as we wrap up the action for Monday, November 3rd!

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