Whale Moves | IWM's $212 Put and SIRI's $3.50 Options See Massive Open Interest Increases

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) showed a slight increase of 0.01% with an option volume of 6.99M and an open interest of 16.86M.

Invesco QQQ Trust (QQQ) declined by 0.07%, recording an option volume of 3.60M and an open interest of 8.16M.

NVIDIA (NVDA) dropped by 0.21% with an option volume of 2.27M and an open interest of 25.29M.

Tesla (TSLA) experienced a decrease of 1.76%, featuring an option volume of 2.23M and an open interest of 8.26M.

iShares Russell 2000 ETF (IWM) gained 1.03% with an option volume of 1.39M and an open interest of 10.30M. Additionally, the $212 put expiring February 21, 2025, saw an increase in open interest by 33.83K contracts.

Apple (AAPL) rose by 0.32%, with an option volume of 847.89K and an open interest of 5.93M.

Broadcom (AVGO) increased by 2.37% with an option volume of 601.85K and an open interest of 2.48M.

Palantir (PLTR) saw a slight decline of 0.29%, recording an option volume of 568.28K and an open interest of 3.58M.

MicroStrategy (MSTR) dropped significantly by 4.78%, with an option volume of 475.95K and an open interest of 2.62M.

Advanced Micro Devices (AMD) decreased by 0.97%, featuring an option volume of 453.23K and an open interest of 3.90M.

SoundHound AI (SOUN) surged by 19.71%, with an option volume of 432.14K and an open interest of 906.70K.

GameStop (GME) rose by 5.94%, recording an option volume of 381.46K and an open interest of 1.10M.

Rigetti Computing (RGTI) experienced a massive increase of 36.04%, with an option volume of 372.43K and an open interest of 463.97K.

iShares Bitcoin Trust (IBIT) fell by 3.43%, featuring an option volume of 340.42K and an open interest of 2.06M.

iShares 20+ Year Treasury Bond ETF (TLT) had a slight decrease of 0.06%, with an option volume of 307.98K and an open interest of 5.24M.

Amazon (AMZN) dropped by 0.87%, recording an option volume of 297.35K and an open interest of 4.04M.

SoFi Technologies (SOFI) increased by 3.62%, with an option volume of 286.48K and an open interest of 3.18M.

Intel (INTC) edged up by 0.20%, featuring an option volume of 272.99K and an open interest of 5.26M.

Super Micro Computer (SMCI) decreased by 1.72%, with an option volume of 270.25K and an open interest of 3.93M.

Microsoft (MSFT) fell by 0.28%, recording an option volume of 230.88K and an open interest of 2.33M.

Other Notable Moves

Sirius XM Holdings (SIRI) saw significant open interest increases in various options: $3.50 call expiring January 16, 2026, increased by 91.73K; $3.50 put expiring January 17, 2025, increased by 86.45K; $4.00 call expiring January 16, 2026, increased by 71.78K, among others.

LAZR's $1.00 call expiring January 16, 2026, observed an open interest increase of 69.29K.

Bluebird bio (BLUE) saw a notable increase in open interest for the $0.50 call expiring May 16, 2025, which increased by 45.34K.

TSLL had an increased open interest for the $12.73 call expiring January 17, 2025, by 44.65K.

FSR saw multiple increases, with the $1.00 call expiring January 17, 2025, increasing by 38.53K and other options following suit.