Tech stocks are selling off today amid President Donald Trump's latest tariff remarks. Intel Corp (NASDAQ:INTC) shares are no exception, last seen down 1.6% to trade at $22.35, adding to an already steep 49.4% year-over-year deficit. There's likely no relief ahead, either, as Intel appeared on Rocky White's lists of worst S&P 500 Index (SPX) stocks to own in April as well as the second quarter.

Worse yet, Intel stock is among the bottom five performers next month. According to White's data, the security finished April lower seven out of 10 times in the last decade, and averaged a steep 5.5% loss. 

Historical second-quarter data paints an even more disappointing picture. Over the last 10 years, INTC finished the quarter higher only three times, and averaged a 7.7% loss. From their current perch, this mean the shares could end April around $21, and the quarter just above $20.

Despite its recent underperformance, options traders still lean bullish. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the security's 50-day call/put volume ratio of 3.00 sits in the 71st percentile of annual readings. An unwinding of this optimism could pressure INTC even lower.

It's worth noting the stock usually outperformed options traders' volatility expectations in the past year. This is per its Schaeffer's Volatility Scorecard (SVS) of 82 out of 100. 

Amazon.com Inc (NASDAQ:AMZN) is headed for a 10.6% monthly drawdown in March, after a 10.7% drop in February. The blue-chip e-commerce giant hasn't logged back-to-back double digit monthly losses since 2011. Now trading at $189.78, at their lowest levels since October, the shares have taken a 21.8% haircut off its their Feb. 4 record high of $242.52, but a short-term bounce might soon be in the cards.

This is because the stock is entering a period of bullish seasonality. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, AMZN is an outperformer in both the upcoming month and for the second quarter. Over the last decade, AMZN finished April higher 80% of the time with an average 6% pop. 

The stock is second on the list of the White's best S&P 500 (SPX) stocks to own in the second quarter, going back 10 years. The equity managed nine second-quarter wins during this period, averaging a hefty 12.1% gain. 

An unwinding of pessimism could provide tailwinds, as puts have been much more popular than usual in the options pits. AMZN's 10-day put/call volume ratio of 0.48 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 84% of readings from the past year.  So while calls still outflank puts on an absolute basis, the high percentile suggests the ratio is on an uptick that nears an annual high rate.

Now looks like an great time to weigh in with options, with one specific strategy in mind. The equity's Schaeffer's Volatility Scorecard (SVS) sits at a 19 out of 100, making it a prime premium-selling candidate.

Meta Platforms Inc. (NASDAQ:META) stock is down 0.9% today, last seen at $571.76. The shares have pared steeper gains from this morning, after Jefferies trimmed its price target to $725 from $810. With a few hours to go, META is on track for its worst monthly performance since October 2022.

Nevertheless, the stock has remained popular among options traders, once more landing on Schaeffer's Senior Quantitative Analyst Rocky White's list of stocks with the highest options volume in the past 10 days, with over 3 million calls and 2 million puts were exchanged. Most of this activity occurred at the March 600 call, which expired two weeks ago.

Despite the bear note today, analysts remain overwhelmingly bullish, mirroring options traders who seem to be buying the dip. Of the 53 brokerages covering META, 47 maintain a "buy" or better rating, while the consensus 12 month price target of $748.99 is a 31.5% premium to its current perch.

On the charts, keep an eye on the equity's 260-day moving average, a trendline that's getting tested today, so far holding up. Longer term, the social media giant is 17.2% higher year-over-year.

The S&P 500 Index (SPX) is back in correction territory, as it sells off alongside the tech-heavy Nasdaq Composite (IXIC). The Dow Jones Industrial Average (DJI) is modestly above breakeven, with stocks falling in response to President Trump's latest remarks before tariffs take effect on Wednesday. In addition to stating he "couldn't care less" if foreign automakers hike their prices, Trump also noted reciprocal tariffs will target all countries. The three major indexes are on track for monthly and quarterly losses, with the IXIC slated for its worst month since September 2022.

Continue reading for more on today's market, including: 

• 2 stocks suffering a Trump tariff selloff.
• Buyout buzz sends lending stock to record highs.
• Plus, options traders target KVUE; DFS surges on potential buyout approval; and why MRNA is sinking.

Kenvue Inc (NYSE:KVUE) stock is getting blasted in the options pits today, 62,000 calls traded so far -- 12 times the intraday average volume -- compared to only 720 puts. The most popular contract is the September 25 call, where new positions are being sold to open. The equity was last seen up 0.5% to trade at $23.82, pacing for a fourth-straight daily gain. Shares added more than 32% in the last nine months, and are today testing overhead pressure at the $24 level.

Discover Financial Services (NYSE:DFS) is the best stock on the SPX today, last seen up 4.6% at $166. Today's surge comes amid reports that the U.S. Department of Justice (DoJ) could approve Capital One (COF) buying the company for $35.3 billion. DFS is looking to snap a four-day losing streak with its best single-day percentage gain since Nov. 6, while also sporting a 25.9% year-over-year lead.

Meanwhile, Moderna Inc (NASDAQ:MRNA) is the worst stock on the SPX today, down 12.4% at $27.26 at last check. This bear gap comes amid reports that Peter Marks, a top U.S. Food and Drug Administration (FDA) vaccine official who played a key role in the Covid-19 pandemic, resigned. MRNA is eyeing its worst day since January and earlier fell to a five-year low of $26.80, as it struggles with overhead pressure at the 80-day moving average.

Consumer lending stock Mr. Cooper Group Inc (NASDAQ:COOP) is surging today, up 18% at $123.30 at last glance, after news that fintech firm Rocket Companies (RKT) is acquiring the company for $9.4 billion in an all-stock deal as it looks to expand its mortgage-related offerings. RKT is moving lower after the news, down 7.8% at last glance. 

On the charts, today's bull gap has COOP trading at record highs and on track for its biggest daily pop since February 2022. The stock has been in a steady uptrend for roughly a year now, sporting a 53.7% year-over-year lead. The equity is also on track for its third-straight monthly gain at today's close -- a perfect first quarter. 

Short interest has been building, up 23.2% in the last month. With these shorts now underwater, a round of short covering could be providing additional tailwinds. 

Analysts have yet to chime in on today's event. Of the nine in coverage, six carry a "strong buy," rating, with three a tepid "hold." Price-target hikes could be on the way, however, as the 12-month consensus price target of $126.63 now sits at a slim premium to current levels. 

Arm Holdings PLC (NASDAQ:ARM) and Palantir Technologies Inc (NASDAQ:PLTR) shares are tumbling amid a broader market selloff. Today's losses came after President Donald Trump's said reciprocal tariffs would target all countries that impose tariffs on U.S. imports, with duties set to go into effect on Wednesday.

ARM is down 4.8% at $102.65 at last glance, trading at its lowest level since August and pacing for its fifth-straight daily loss. The security breached a floor at $110 on Friday after failing to sustain a move above the 20-day moving average, and shed more than 35% in the last nine months.

The stock's Schaeffer's put/call open interest ratio (SOIR) of 1.27 sits higher than 87% of reading from the past 12 months. This means short-term options traders lean bearish on ARM. 

PLTR was last seen down 6.4% to trade at $80.40, also on track for its fifth consecutive daily loss after its latest surge fell short of the $100 level. The equity is testing long-term support from its 100-day trendline today, but still sports an impressive 243.5% year-over-year lead.

Options bears are blasting PLTR, with 203,000 puts traded so far -- double the put volume typically seen at this point -- compared to 115,000 calls. Most active is the weekly 4/25 60-strike put, while new positions are being sold to open at the 70-strike in that same series.

The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are looking to close out the week with steep losses, with the S&P 500 Index (SPX) firmly lower as well. This selloff follows a hotter-than-expected core personal consumption expenditures (PCE) price index for February, while consumer spending for the month accelerated at a slower pace than analysts anticipated, with both readings likely to influence the Federal Reserve's monetary policy. For the week, all three indexes are on track for losses.

Continue reading for more on today's market, including: 

• Bulls blast Rocket Lab stock on contract buzz.
• 2 retail stocks under pressure today.
• Plus, put traders pile on AEO; WRB leading the SPX; and tech stock set to extend losses.

Options bears are targeting American Eagle Outfitters Inc(NYSE:AEO) stock today, 52,000 puts traded so far -- 13 times the intraday average volume -- compared to only 1,053 calls. The most active contract is the June 10 put, where new positions are being sold to open. AEO was last seen down 4.3% to trade at $11.39, after its retail peers Lululemon Athletica (LULU) and Oxford Industries (OXM) issued disappointing forecasts. On track for its fourth-straight daily loss, the security carries a 56.2% year-over-year deficit as it struggles with pressure from the 40-day moving average.

W R Berkley Corp(NYSE:WRB) stock is leading the SPX today, last seen up 7.7% to trade at $71.43. Today's pop comes after Japan's Mitsui Sumitomo Insurance revealed plans to take a 15% stake in the company. WRB is pacing for its fifth-straight daily pop as well as its best day since November 2020. So far in 2025, the stock already added 22%.

Palantir Technologies Inc (NASDAQ:PLTR) stock is near the bottom of the SPX today, down 5.8% at $84.84 at last check and eyeing its fourth-straight daily drop. The catalyst behind this negative price action is still unclear, with PLTR still sporting an impressive 270.2% year-over-year lead despite recent struggles to move back above the $100 level. 

Cloud stock Braze Inc (NASDAQ:BRZE) is defying the broad market selloff today, up 10.7% at $40.64 at last glance, after the company beat top- and bottom-line estimate in the fourth quarter and issued an upbeat full-year earnings forecast. Citigroup trimmed its price target by $1 to $50, citing a "conservative growth outlook," though several other analysts chimed in with price-target hikes, including Wells Fargo to $55 from $50.

Today's pop has Braze stock shooting past its 40-day moving average, which rejected a rally earlier this week. Now trading at their highest levels since early February, the shares are down roughly 4% year-to-date and 9% year-over-year. 

In the options pits, BRZE has already seen 4.6 times its average daily options volume. The April 37.50 put and 47.50 call are the two most popular contracts, with new positions opening at the April 50 call. 

Some of today's gains could be attributed to short covering. Though short interest has been unwinding, it still represents 5.3% of the stock's available float.