Whale Moves | SPY $540 Put Surges with 17.56K OI Increase Amid Market Declines

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) fell by 0.92% with an option volume of 4.21M and an open interest of 15.67M. Notably, the $540 put expiring March 21, 2025, saw an increase in open interest by 17.56K.

NVIDIA (NVDA) rose by 0.90%, boasting an option volume of 2.43M and an open interest of 23.12M.

Invesco QQQ Trust (QQQ) decreased by 1.26% with an option volume of 1.93M and an open interest of 6.72M.

Tesla (TSLA) declined by 3.39%, having an option volume of 1.20M and an open interest of 6.18M.

Palantir (PLTR) saw a slight drop of 0.39%, with an option volume of 1.08M and an open interest of 3.12M.

Amazon (AMZN) experienced a significant decline of 4.05%, with an option volume of 1.06M and an open interest of 3.23M.

iShares Russell 2000 ETF (IWM) fell by 1.16% with an option volume of 1.06M and an open interest of 9.64M. The $239 call expiring February 21, 2025, saw open interest increase by 15.95K, while the $233 call expiring February 21, 2025, increased by 9.72K, and the $240 call expiring March 21, 2025, rose by 8.96K.

Uber Technologies (UBER) surged by 6.59%, with an option volume of 730.27K and an open interest of 1.77M.

Alphabet-A (GOOGL) dropped by 3.27%, with an option volume of 684.75K and an open interest of 2.36M.

iShares 20+ Year Treasury Bond ETF (TLT) decreased by 0.65%, with an option volume of 508.85K and an open interest of 5.37M.

Apple (AAPL) was down by 2.40%, with an option volume of 506.60K and an open interest of 4.33M.

Advanced Micro Devices (AMD) fell by 2.36%, with an option volume of 505.53K and an open interest of 3.71M.

iShares Silver Trust (SLV) saw a decrease of 1.19%, with an option volume of 385.08K and an open interest of 5.84M.

Strategy (MSTR) increased by 0.65%, with an option volume of 378.07K and an open interest of 1.86M.

Super Micro Computer (SMCI) experienced a significant gain of 7.21%, with an option volume of 369.25K and an open interest of 2.88M.

Alibaba (BABA) rose by 3.12%, with an option volume of 368.62K and an open interest of 2.42M.

Microsoft (MSFT) decreased by 1.46%, with an option volume of 362.72K and an open interest of 2.15M.

iShares MSCI Emerging Markets ETF (EEM) dropped slightly by 0.09%, with an option volume of 353.48K and an open interest of 5.75M.

BigBear.ai Holdings (BBAI) saw a dramatic increase of 26.88%, with an option volume of 350.88K and an open interest of 609.36K.

Meta Platforms (META) increased by 0.36%, with an option volume of 326.25K and an open interest of 1.82M.

Other Notable Moves

VIX options saw several increases in open interest, including significant moves such as the $40 call expiring March 18, 2025, increasing by 18.21K, and the $19 call expiring March 18, 2025, rising by 18.07K. Additional increases were seen in various VIX calls and puts with different expirations and strike prices, indicative of heightened interest in volatility instruments.