Whale Moves | NVDA, AMD, and AVGO Option Volumes Surge Amid Significant Price Increases

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) gained 0.60% with an impressive option volume of 8.13 million and open interest at 15.52 million.

Invesco QQQ Trust (QQQ) rose 0.97% with an option volume of 3.74 million and open interest of 8.06 million.

NVIDIA (NVDA) saw a stock price soar by 3.69% accompanied by an option volume of 3.45 million and open interest of 24.38 million.

Tesla (TSLA) increased 2.27% with an option volume reaching 1.90 million and open interest at 7.81 million.

iShares Russell 2000 ETF (IWM) dipped slightly by 0.23%, with option volume at 1.36 million and open interest at 10.15 million.

Advanced Micro Devices (AMD) surged 4.52%, experiencing an option volume of 840,960 and open interest of 3.67 million.

Palantir (PLTR) inched up 0.17%, with an option volume of 743,730 and open interest at 3.35 million.

Apple (AAPL) had a mild increase of 0.31%, with option volume recorded at 647,390 and open interest at 5.66 million.

Broadcom (AVGO) saw a significant jump of 5.52%, with an option volume of 525,930 and open interest of 2.32 million.

iShares Bitcoin Trust (IBIT) dropped by 3.54%, with option volume at 423,400 and open interest at 1.93 million.

iShares 20+ Year Treasury Bond ETF (TLT) fell 0.92%, with option volume at 420,100 and open interest of 5.08 million.

MicroStrategy (MSTR) experienced a substantial decrease of 8.78%, with option volume at 404,180 and open interest at 2.46 million.

Tilray Brands (TLRY) leaped 13.49%, with option volume at 341,760 and open interest at 998,770.

Intel (INTC) climbed 3.48%, with an option volume of 298,050 and open interest of 5.16 million.

Amazon (AMZN) remained relatively unchanged at 0.06%, with option volume at 296,300 and open interest at 3.94 million.

Alphabet-A (GOOGL) increased by 1.68%, with an option volume of 290,010 and open interest at 2.58 million.

Coinbase (COIN) fell 3.79%, with option volume at 283,700 and open interest at 1.10 million.

Micron Technology (MU) was down 0.44%, with an option volume of 255,300 and open interest at 1.81 million.

Financial Select Sector SPDR Fund (XLF) rose 0.24%, with an option volume of 254,400 and open interest at 6.68 million.

GameStop (GME) climbed 3.62%, with an option volume of 253,380 and open interest at 999,050.

Other Notable Moves

Sirius XM Holdings (SIRI) saw significant open interest increases in multiple options: the $3.50 call expiring January 17, 2025, increased by 91,730; the $3.50 put expiring January 17, 2025, increased by 86,450; the $4.00 call expiring January 16, 2026, rose by 71,780; and more notable increases in various strike prices and expiration dates.

Luminar Technologies (LAZR) had notable open interest increases: the $1.00 call expiring January 17, 2025, rose by 71,280; the $1.00 call expiring January 16, 2026, increased by 69,290; and the $0.50 put expiring January 15, 2027, saw an increase of 25,400.

VIX options saw notable movement with the $15.00 put expiring February 19, 2025, increasing by 45,950 and the $20.00 put expiring January 22, 2025, increasing by 28,730.

Other stocks such as Bluebird Bio (BLUE), Maxeon Solar Technologies (MAXN), and FuelCell Energy (FCEL) also saw considerable increases in open interest for various options, indicating potential strategic positioning by traders.