Whale Moves | SPY Leads in Volume, SIRI's $3.50 Calls/Put Surges, Dell's Options Amid Drop
Top 20 Stocks with Most Traded Options
SPDR S&P 500 ETF (SPY) had the highest option trading volume today with 6.67 million contracts, although the stock decreased by 0.30%.
Invesco QQQ Trust (QQQ) saw 4.68 million options traded, with the stock down 0.79%.
NVIDIA (NVDA) experienced 4.04 million options traded and a stock decrease of 1.15%.
Tesla (TSLA) had an option volume of 2.00 million as the stock dropped by 1.58%.
iShares Russell 2000 ETF (IWM) saw a slight increase of 0.14% in its stock with 1.12 million options traded.
iShares 20+ Year Treasury Bond ETF (TLT) recorded a 0.69% stock increase with 712.76K options traded.
Amazon (AMZN) traded 622.42K options with a stock decrease of 1.02%.
Advanced Micro Devices (AMD) saw its stock fall by 1.07% with 620.93K options traded.
Apple (AAPL) remained almost flat with a 0.06% decrease and had 596.48K options traded.
MicroStrategy (MSTR) had a notable stock increase of 9.94% with 545.57K options traded.
Super Micro Computer (SMCI) rose by 1.86% with 479.80K options traded.
Palantir (PLTR) saw its stock increase by 0.47% with 465.87K options traded.
iShares Bitcoin Trust (IBIT) went up by 6.44%, trading 458.32K options.
MARA Holdings (MARA) increased by 7.81% with 426.17K options traded.
Dell Technologies (DELL) faced a significant drop of 12.25% with 333.75K options traded.
Rivian Automotive (RIVN) climbed by 5.80%, with 320.53K options traded.
Coinbase (COIN) saw its stock rise by 6.03% with 319.09K options traded.
iShares MSCI Brazil ETF (EWZ) dropped by 3.64% with 296.35K options traded.
SoFi Technologies (SOFI) increased by 4.07% with 288.81K options traded.
Financial Select Sector SPDR Fund (XLF) experienced a minor increase of 0.20% with 284.24K options traded.
Other Notable Moves
Sirius XM Holdings (SIRI) witnessed a significant increase in open interest for various options, including $3.50 calls expiring January 16, 2026, with an increase of 91.73K, and $3.50 puts expiring January 17, 2025, with an increase of 86.45K. Additionally, $4.00 calls expiring January 16, 2026, rose by 71.78K.
SAVE experienced notable open interest growth in its $5.00 puts expiring January 16, 2026, with an increase of 80.22K, and $2.50 puts expiring January 17, 2025, with an increase of 72.21K.
LAZR's $1.00 calls expiring January 17, 2025, increased by 71.28K, while those expiring January 16, 2026, increased by 69.29K.
VIX saw a significant increase in open interest with its $18.00 calls expiring December 18, 2024, which rose by 59.05K.