Active Option Classes on Open August 29th: DNN, BABA, NTNX, NXE, and More

Friday, Aug 29, 2025 9:59 am ET1min read

Unusual option activity was seen in stocks such as Denison Mines, Alibaba, Nutanix, NexGen Energy, Block Inc, Duolingo, Snowflake, Proshares Bitcoin ETF, Direxion Daily China Bull 3X Shares, and Bilibili on August 29th. TipRanks Premium offers powerful investing tools and expert insights at a 50% discount.

Unusual option activity was observed in several prominent stocks on August 29th, including Denison Mines, Alibaba, Nutanix, NexGen Energy, Block Inc, Duolingo, Snowflake, Proshares Bitcoin ETF, Direxion Daily China Bull 3X Shares, and Bilibili. This activity often signals heightened investor interest or potential market movements.

Denison Mines
Denison Mines (TSX: DNN) saw significant option activity, with traders betting on the company's future performance. The stock's price was influenced by Cameco's (TSX: CCO) production cuts, which could impact the uranium market [1].

Alibaba
Alibaba (NYSE: BABA) experienced unusual option activity following its Q1 Non-GAAP EPADS and revenue miss. The company reported a 2% year-over-year revenue increase but missed earnings expectations [2].

Nutanix
Nutanix (NASDAQ: NTNX) also saw unusual option activity after reporting its full-year 2025 results. The company beat earnings expectations, reporting a 7.4% profit margin and an EPS of $0.70 [3].

NexGen Energy
NexGen Energy (TSX: NXE) was another stock with unusual option activity. The company's share price rallied after Cameco's production cut announcement, reflecting investor optimism about the uranium market [1].

Block Inc
Block Inc (NYSE: SQ) experienced unusual option activity, potentially driven by speculation about its future growth and market position.

Duolingo
Duolingo (NYSE: DUOL) saw unusual option activity, possibly due to investor interest in its educational technology platform and recent financial performance.

Snowflake
Snowflake (NYSE: SNOW) had unusual option activity, likely due to its strong performance and market position in the cloud computing sector.

Proshares Bitcoin ETF
Proshares Bitcoin ETF (NYSE: BITQ) saw unusual option activity, reflecting investor interest in cryptocurrencies and the broader crypto market.

Direxion Daily China Bull 3X Shares
Direxion Daily China Bull 3X Shares (NYSE: YINN) experienced unusual option activity, potentially driven by investor optimism about China's economic recovery and growth prospects.

Bilibili
Bilibili (NASDAQ: BILI) saw unusual option activity, likely due to investor interest in its streaming services and recent financial performance.

Conclusion
The unusual option activity in these stocks on August 29th suggests heightened investor interest and potential market movements. Investors should monitor these stocks closely for further developments and consider their own investment strategies accordingly.

References
[1] https://thedeepdive.ca/uranium-names-rally-on-cameco-20-guidance-cut/?utm_campaign=uranium-names-rally-on-cameco-20-guidance-cut&utm_medium=rss&utm_source=rss
[2] https://seekingalpha.com/news/4490316-alibaba-non-gaap-epads-of-202-misses-by-014-revenue-of-3457b-misses-by-910m
[3] https://ca.finance.yahoo.com/news/nutanix-full-2025-earnings-eps-115236432.html

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