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Whale Moves | HYG Puts Surge with Significant Increases in Open Interest

Market BriefTuesday, Oct 22, 2024 8:00 pm ET

2min read

【Top 20 Stocks with Most Traded Options】

SPDR S&P 500 ETF (SPY) saw a slight decline of 0.05% with an impressive option volume of 6.06M and open interest at 18.62M.

Invesco QQQ Trust (QQQ) increased by 0.11%, with an option volume of 4.18M and open interest at 8.33M.

NVIDIA (NVDA) experienced a minor drop of 0.08% with option volume reaching 2.86M and open interest at 25.79M.

iShares Russell 2000 ETF (IWM) dropped by 0.38%, option volume was 841.19K, and open interest at 10.63M.

iShares Silver Trust (SLV) gained 2.88%, with an option volume of 743.78K and open interest at 5.31M.

Tesla (TSLA) fell by 0.40%, having an option volume of 699.85K and open interest at 6.32M.

iShares 20+ Year Treasury Bond ETF (TLT) rose by 0.10%, with an option volume of 584.92K and open interest at 5.32M.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) declined by 0.14%, with option volume at 545.20K and open interest of 4.22M. Notably, the $79 put expiring December 20, 2024, saw an open interest increase of 21.91K, alongside the $73 put for the same expiration increasing by 20.60K.

Microsoft (MSFT) increased by 2.08%, with option volume of 507.46K and open interest at 2.24M.

Apple (AAPL) dipped by 0.26%, with an option volume of 492.75K and open interest at 5.62M.

Amazon (AMZN) was up by 0.33%, with option volume of 447.08K and open interest at 3.62M.

Advanced Micro Devices (AMD) dropped by 2.41%, with option volume of 434.44K and open interest at 2.76M.

Super Micro Computer (SMCI) saw a decline of 3.83%, with option volume at 363.67K and open interest at 3.87M.

General Motors (GM) increased by 9.81%, with option volume of 249.80K and open interest at 852.41K.

Trump Media & Technology (DJT) rose by 9.87%, with an option volume of 247.99K and open interest at 857.00K.

Financial Select Sector SPDR Fund (XLF) decreased by 0.19%, with option volume at 224.74K and open interest at 6.07M.

PDD Holdings (PDD) rose by 2.92%, with option volume of 220.19K and open interest at 1.62M.

Meta Platforms (META) was up by 1.19%, with option volume at 215.15K and open interest at 1.99M.

Palantir (PLTR) increased by 0.56%, with option volume at 212.30K and open interest at 2.87M.

SPDR Gold ETF (GLD) rose by 1.08%, with option volume of 209.81K and open interest at 2.67M.

【Other Notable Moves】

Sirius XM (SIRI) saw multiple open interest increases: $3.50 call expiring January 17, 2025, by 91.73K, $3.50 put for the same expiration by 86.45K, $4.00 call expiring January 16, 2026, by 71.78K, and several others with significant increments.

VIX saw notable increases in open interest for the $42.50 call expiring April 16, 2025, by 40.00K, and $40.00 call expiring November 20, 2024, by 36.27K.

Maxeon Solar Technologies (MAXN) saw significant open interest increases for the $0.50 call expiring January 16, 2026, by 35.49K, and several others with substantial increases.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.