Whale Moves | S&P 500 & VIX Options Surge with Notable Open Interest Increases in Puts and Calls

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) saw a decrease of 2.01% with an impressive option volume of 4.73M contracts and an open interest of 15.54M.

Invesco QQQ Trust (QQQ) declined by 2.63%, recording an option volume of 2.25M and an open interest of 8.00M.

NVIDIA (NVDA) experienced a 1.58% drop with an option volume of 2.18M and open interest at 19.29M.

iShares Russell 2000 ETF (IWM) fell by 2.03%, with options trading at a volume of 1.38M and open interest at 9.89M.

Tesla (TSLA) plunged 3.51%, with options trading at 1.26M volume and an open interest of 7.88M.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) slightly decreased by 0.18%, with an option volume of 1.03M and open interest at 7.51M.

iShares 20+ Year Treasury Bond ETF (TLT) increased by 1.38%, with options trading volume reaching 627.38K and open interest at 5.65M.

Amazon (AMZN) saw a significant decline of 4.29%, with 563.76K in option volume and 3.48M open interest.

Strategy (MSTR) faced a sharp decline of 10.84%, with options trading volume at 542.25K and open interest of 1.84M.

Palantir (PLTR) decreased by 4.71%, with an option volume of 530.97K and open interest recorded at 2.95M.

Apple (AAPL) dropped by 2.66%, trading 481.32K options with 4.13M open interest.

iShares Silver Trust (SLV) fell by 1.02%, with an option volume of 475.18K and open interest at 6.05M.

Alphabet-A (GOOGL) experienced a loss of 4.88%, with a trading volume of 435.74K options and open interest at 2.62M.

Meta Platforms (META) also decreased by 4.29%, trading 372.84K options with open interest at 1.85M.

iShares Bitcoin Trust (IBIT) fell by 3.80%, with 362.20K option volume and 2.10M open interest.

Financial Select Sector SPDR Fund (XLF) slid down by 1.93%, showing an option volume of 344.15K and open interest at 4.90M.

SPDR Gold ETF (GLD) gained 0.74%, with options trading volume of 311.97K and open interest at 2.89M.

Robinhood (HOOD) decreased by 4.71%, trading 296.78K options with open interest at 1.72M.

Wolfspeed (WOLF) saw a dramatic fall of 51.86%, with 285.42K option volume and open interest at 476.72K.

Advanced Micro Devices (AMD) declined by 3.22%, trading 282.99K options with open interest at 3.44M.

Other Notable Moves

S&P 500 Index options saw a notable increase in open interest, with the $4,700 puts expiring May 9, 2025, increasing by 18.69K and the $4,750 puts for the same date rising by 17.70K. Additionally, the $8,400 calls expiring July 18, 2025, saw an increase of 14.98K in open interest.

VIX options experienced significant movements, with the $35 calls expiring May 21, 2025, increasing by 13.71K and the $50 calls for the same expiration rising by 11.15K. Moreover, the $18.50 puts expiring April 16, 2025, saw an uptick of 10.10K in open interest.