Whale Moves | NVDA $240 Call Soars; VIX & SPXW Options Show Significant Open Interest Increases

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) experienced a +2.07% gain with an option volume of 4.73M.

NVIDIA (NVDA) saw a +5.27% rise in its stock price, with an option volume of 2.72M. Notably, NVDA's $240 call expiring August 23, 2024, witnessed a significant increase in open interest.

Invesco QQQ Trust (QQQ) increased by +2.42%, with a trading volume of 1.81M options.

Tesla (TSLA) climbed +3.86% with 1.35M options traded.

iShares Russell 2000 ETF (IWM) gained +2.42%, having an option volume of 1.16M. The $221 call expiring April 17, 2025, saw open interest growth.

Apple (AAPL) was up +1.82%, with an option volume of 694.16K.

Intel (INTC) rose by +1.48%, trading 582.50K options.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) had a modest gain of +0.46% with an option volume of 581.08K.

Industrial Select Sector SPDR Fund (XLI) moved up +1.82% with 536.74K options exchanged.

Strategy (MSTR) saw a substantial increase of +13.00%, with options trading reaching 536.49K.

Palantir (PLTR) increased by +8.31%, with an option volume of 486.54K.

Amazon (AMZN) was up +2.09% with 470.92K options traded.

iShares Bitcoin Trust (IBIT) experienced a +5.76% growth, with options totaling 466.07K.

Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) moved up +3.64%, with an option volume of 425.87K.

iShares 20+ Year Treasury Bond ETF (TLT) saw a slight decline of -0.53% with 383.52K options traded.

D-Wave Quantum (QBTS) soared by +46.89%, with an option volume of 340.32K.

iShares Silver Trust (SLV) had a minimal drop of -0.10%, trading 329.67K options.

Super Micro Computer (SMCI) rose by +7.91%, with 295.61K options exchanged.

SPDR Gold ETF (GLD) remained relatively flat with a +0.04% increase and 290.75K options traded.

Financial Select Sector SPDR Fund (XLF) gained +2.32%, with an option volume of 278.78K.

Other Notable Moves

VIX options saw substantial open interest increases across various strikes and expirations, such as the $70 call expiring June 18, 2025, with an increase of 29.39K, and the $20 put expiring April 16, 2025, with a rise of 22.41K.

SPXW options also showed significant movement, notably in the $4650 put expiring May 2, 2025, with open interest up by 21.63K.