Whale Moves | SPY, IWM, and VIX Puts Surge with Significant Open Interest Increases

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) saw a decline of 0.67% with a massive option volume of 4.86 million and open interest of 15.73 million. Notably, the $580 put expiring February 21, 2025, experienced an open interest increase of 17.57K.

NVIDIA (NVDA) shares fell by 2.84% with an option volume of 4.07 million and open interest of 23.75 million.

Invesco QQQ Trust (QQQ) traded 0.80% lower with an option volume of 1.89 million and open interest of 6.71 million.

Tesla (TSLA) dropped 5.17%, accompanied by an option volume of 1.86 million and open interest of 6.13 million.

iShares Russell 2000 ETF (IWM) declined by 1.17%, with 1.35 million options traded and open interest at 9.37 million. Significant changes were seen in the $216 put expiring March 21, 2025, with an open interest increase of 61.27K, and the $214 put expiring on the same date, which saw an increase of 15.78K.

Apple (AAPL) faced a 3.39% drop with 1.17 million options traded, while open interest was 4.39 million.

Palantir (PLTR) gained 1.52% with an option volume of 931.90K and open interest totaling 2.83 million.

iShares Bitcoin Trust (IBIT) slightly decreased by 0.23% with 660.80K options traded and open interest at 2.26 million.

Industrial Select Sector SPDR Fund (XLI) fell by 0.99%, with an option volume of 538.10K and open interest of 569.70K.

iShares 20+ Year Treasury Bond ETF (TLT) rose by 0.81%, with 513.41K options traded and an open interest of 5.37 million.

Meta Platforms (META) increased by 1.20% with trading volume reaching 503.36K and open interest at 1.76 million.

Intel (INTC) saw a minor decrease of 0.26% with 398.16K options traded and an open interest of 4.65 million.

Alibaba (BABA) fell by 0.23%, with an option volume of 386.62K and open interest of 2.46 million.

Advanced Micro Devices (AMD) experienced a 1.45% decline with 380.26K options traded and open interest at 3.44 million.

MicroStrategy (MSTR) climbed 3.67% with 377.29K options traded, while open interest stood at 2.00 million.

Financial Select Sector SPDR Fund (XLF) dropped by 0.41%, with an option volume of 351.24K and open interest reaching 4.93 million.

Microsoft (MSFT) declined by 1.00%, with 344.15K options traded and open interest totaling 2.18 million.

Super Micro Computer (SMCI) saw a significant drop of 5.86% with 319.18K options traded and open interest at 2.74 million.

Amazon (AMZN) experienced a slight decline of 0.11% with an option volume of 315.97K and open interest of 3.22 million.

SoFi Technologies (SOFI) slipped by 2.41%, with 311.56K options traded and open interest at 2.60 million.

Other Notable Moves

VIX observed significant changes with the $14 put expiring March 18, 2025, seeing an open interest increase of 54.97K, the $18 put expiring May 21, 2025, with an increase of 35.02K, and the $19 call and put expiring on the same date with increases of 17.17K and 17.08K respectively.

HYG experienced notable changes in its options, with the $80 call expiring April 17, 2025, seeing an open interest increase of 30.00K. Additionally, the $79 put expiring March 21, 2025, saw an increase of 19.99K, while the $77 put saw an increase of 18.99K. Furthermore, the $78 put expiring June 20, 2025, saw a rise of 17.00K in open interest.

EWZ saw an increase in open interest for the $28 call expiring March 21, 2025, by 29.14K and for the $28 call expiring April 17, 2025, by 15.01K.