Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Whale Moves | QQQ $465 Put Surges with 234.99K Open Interest Increase Amid Market Declines

Market BriefThursday, Oct 31, 2024 8:00 pm ET

2min read

Top 20 Stocks with Most Traded Options

Today's most traded option is SPDR S&P 500 ETF (SPY), which fell by 1.96% with an option volume of 8.90M and open interest of 19.72M.

Invesco QQQ Trust (QQQ) experienced a decline of 2.52%, with an option volume of 4.64M and open interest of 9.06M. Notably, the $465 put option expiring March 21, 2025, saw an increase in open interest by 234.99K.

NVIDIA (NVDA) shares dropped by 4.72%, accompanied by an option volume of 4.29M and open interest of 26.08M.

Tesla (TSLA) decreased by 2.99%, with an option volume of 1.82M and open interest of 7.24M.

ProShares Bitcoin ETF (BITO) experienced a 2.83% decline, with an option volume of 1.69M and open interest of 1.36M.

iShares Russell 2000 ETF (IWM) fell by 1.66%, with an option volume of 1.47M and open interest of 11.08M.

Super Micro Computer (SMCI) saw a significant drop of 11.97%, with an option volume of 1.24M and open interest of 4.27M.

Apple (AAPL) decreased by 1.82%, with an option volume of 1.05M and open interest of 5.85M.

Amazon (AMZN) shares fell by 3.28%, with an option volume of 908.34K and open interest of 3.79M.

Microsoft (MSFT) experienced a 6.05% decline, with an option volume of 828.80K and open interest of 2.49M.

Advanced Micro Devices (AMD) saw a decrease of 3.05%, with an option volume of 740.86K and open interest of 3.37M.

Meta Platforms (META) shares fell by 4.09%, with an option volume of 732.67K and open interest of 2.26M.

Intel (INTC) dropped by 3.50%, with an option volume of 714.71K and open interest of 4.66M.

iShares Silver Trust (SLV) experienced a 3.25% decline, with an option volume of 699.57K and open interest of 5.79M.

Trump Media & Technology (DJT) saw a significant decline of 11.72%, with an option volume of 597.90K and open interest of 1.41M.

iShares 20+ Year Treasury Bond ETF (TLT) had a slight increase of 0.16%, with an option volume of 564.58K and open interest of 5.87M.

Alphabet-A (GOOGL) decreased by 1.92%, with an option volume of 472.11K and open interest of 2.86M.

Coinbase (COIN) experienced a sharp decline of 15.34%, with an option volume of 412.26K and open interest of 1.06M.

MARA Holdings (MARA) fell by 8.26%, with an option volume of 385.16K and open interest of 1.56M.

Palantir (PLTR) experienced a drop of 4.88%, with an option volume of 383.85K and open interest of 3.04M.

Other Notable Moves

EWZ's $30 call option expiring November 15, 2024, saw an open interest increase by 117.37K, and the $31.50 call option for the same expiry date increased by 82.75K.

Sirius XM (SIRI) experienced multiple significant open interest changes: the $3.50 call expiring January 16, 2026, increased by 91.73K, while the $3.50 put expiring January 17, 2025, saw an increase of 86.45K. Additionally, various call options for January 17, 2025, such as the $5.00 call and $7.00 call, saw increases by 64.69K and 42.18K respectively.

VIX's $15 put option expiring November 20, 2024, saw an increase in open interest by 43.47K, and the $40 call for the same expiry date increased by 24.24K.

Valaris Limited (VLD1) saw a $0.50 call option expiring January 17, 2025, with an open interest increase of 42.61K.

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.