Whale Moves | NVIDIA $125 Put Soars, Tesla and Palantir Surge; VIX $50 Call Sees Major Increase

Top 20 Stocks with Most Traded Options

The most traded option today is SPDR S&P 500 ETF (SPY), which saw a stock increase of +0.53% with an option volume of 4.90 million and an open interest of 18.84 million.

NVIDIA (NVDA) experienced a strong stock rise of +6.43% with 3.55 million option volume and an open interest of 23.69 million. Additionally, significant open interest changes were noted in $125 put expiring August 23, 2024.

Tesla (TSLA) surged by +7.59%, supported by an option volume of 2.69 million and an open interest of 8.94 million.

Invesco QQQ Trust (QQQ) gained +1.13%, with options trading at a volume of 2.50 million and an open interest of 8.58 million.

Apple (AAPL) declined by -1.75%, with options trading at 1.19 million and open interest at 4.83 million.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) edged up +0.11%, with option volume reaching 1.04 million and open interest at 7.47 million.

iShares Russell 2000 ETF (IWM) saw a slight increase of +0.17%, with 880.20K in option volume and an open interest of 12.27 million.

Palantir (PLTR) rose by +7.17%, and its options traded at 629.68K with an open interest of 3.58 million.

iShares 20+ Year Treasury Bond ETF (TLT) fell by -0.60%, with an option volume of 556.97K and open interest at 6.10 million.

American Airlines (AAL) dropped by -4.62%, with 495.91K in option volume and an open interest of 3.03 million.

Amazon (AMZN) increased by +1.17%, with 480.61K option volume and an open interest of 4.00 million.

Advanced Micro Devices (AMD) rose by +4.16%, with options traded at 433.58K and an open interest of 3.87 million.

Super Micro Computer (SMCI) gained +3.99%, with option volume at 414.80K and open interest at 3.20 million.

Strategy (MSTR) increased by +0.75% with an option volume of 397.73K and an open interest of 2.31 million.

NIO Inc (NIO) fell by -2.30%, with options trading at 394.07K and an open interest of 3.50 million.

Intel (INTC) climbed +4.55%, backed by an option volume of 375.77K and an open interest of 5.96 million.

Meta Platforms (META) increased by +2.29%, with 355.55K option volume and an open interest of 2.07 million.

ProShares UltraPro QQQ ETF (TQQQ) rose by +3.42%, with an option volume of 319.32K and an open interest of 1.06 million.

Robinhood (HOOD) surged by +7.04%, with options trading at 318.30K and an open interest of 1.89 million.

SPDR Gold ETF (GLD) increased by +0.43%, with a trading volume of 303.78K and an open interest of 3.29 million.

Other Notable Moves

The VIX index showed significant open interest increases across multiple positions. The $50 call expiring August 20, 2025, saw an increase of 100.08K. Additionally, various puts expiring March 18, 2025, such as the $19.50 put, $19.00 put, $24.00 put, and $22.00 put, experienced notable open interest increases of 69.86K, 54.36K, 53.13K, and 42.97K, respectively. Additionally, calls and puts for other dates and strikes also showed substantial increases in open interest.