Whale Moves | SPY and NVDA Call/Put Open Interest Surge Amid Market Declines

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) declined by 0.38% with an option volume of 9.18M and open interest of 18.23M. Notably, the $585 put expiring March 26, 2025 saw an open interest increase of 129.97K.

Invesco QQQ Trust (QQQ) fell by 0.53%, recording an option volume of 5.16M and open interest of 8.93M.

NVIDIA (NVDA) dropped by 0.78%, with an option volume of 3.62M and open interest of 19.88M. There was significant activity in the $192.50 call expiring August 8, 2025, which saw open interest increase by 128.58K. Additionally, the $180 call expiring August 1, 2025, saw an increase of 104.89K, and the $185 call expiring August 8, 2025, saw an increase of 31.37K.

Tesla (TSLA) experienced a sharp decrease of 3.38%, with an option volume of 2.14M and open interest of 8.09M.

iShares Russell 2000 ETF (IWM) was down 0.98%, reporting an option volume of 1.77M and open interest of 12.04M. The $215 put expiring August 29, 2025 saw an open interest increase of 76.99K and the $205 put expiring August 29, 2025 increased by 46.09K. Additionally, the $211 put expiring September 19, 2025 saw an increase of 37.58K.

Amazon (AMZN) rose by 1.70%, with an option volume of 1.37M and open interest of 3.81M.

Meta Platforms (META) surged by 11.25%, showing an option volume of 1.25M and open interest of 2.10M.

ProShares Bitcoin ETF (BITO) slightly declined by 0.09%, with an option volume of 1.18M and open interest of 505.93K.

Microsoft (MSFT) gained 3.95%, recording an option volume of 1.11M and open interest of 2.37M.

Apple (AAPL) decreased by 0.71%, with an option volume of 1.05M and open interest of 4.85M.

Advanced Micro Devices (AMD) dropped 1.78%, with an option volume of 908.15K and open interest of 3.98M.

UnitedHealth (UNH) fell sharply by 6.19%, reporting an option volume of 757.03K and open interest of 1.72M.

SoFi Technologies (SOFI) increased by 3.25%, with an option volume of 739.24K and open interest of 3.61M.

iShares 20+ Year Treasury Bond ETF (TLT) saw a slight increase of 0.06%, having an option volume of 731.38K and open interest of 5.76M. The $103 call expiring December 19, 2025 observed an open interest increase of 63.68K, and the $93 call expiring December 19, 2025 increased by 31.09K.

Robinhood (HOOD) decreased by 2.87%, with an option volume of 639.66K and open interest of 2.27M.

iShares Bitcoin Trust (IBIT) slightly decreased by 0.08%, recording an option volume of 546.45K and open interest of 5.01M.

Palantir (PLTR) had a minor decrease of 0.16%, reporting an option volume of 527.50K and open interest of 3.27M.

Strategy (MSTR) rose by 1.73%, with an option volume of 514.45K and open interest of 2.49M.

Alphabet-A (GOOGL) fell by 2.36%, recording an option volume of 493.02K and open interest of 3.59M.

Super Micro Computer (SMCI) decreased by 2.87%, with an option volume of 449.41K and open interest of 2.57M.

Other Notable Moves

PG&E Corporation (PCG) saw significant open interest increases in several calls: the $16 call expiring September 19, 2025 rose by 104.81K, the $19 call expiring September 19, 2025 increased by 79.40K, and the $20 call expiring September 19, 2025 increased by 45.03K.

VIX noted increases in open interest for the $60 call expiring October 22, 2025 up by 76.41K, the $100 call expiring October 22, 2025 increased by 75.38K, the $16 put expiring August 20, 2025 rose by 41.27K, and the $30 call expiring August 20, 2025 increased by 29.50K.

iShares iBoxx $ High Yield Corporate Bond ETF (HYG) saw increases in several puts and calls: the $79 put expiring October 17, 2025 increased by 53.78K, the $83 call expiring October 17, 2025 rose by 50.00K, the $76 put expiring October 17, 2025 increased by 47.50K, and the $81 call expiring October 17, 2025 rose by 44.43K.

iShares 7-10 Year Treasury Bond ETF (IEF) noted increases in the $102 call expiring December 19, 2025 up by 40.40K and the $97 call expiring December 19, 2025 increased by 40.11K.

Marathon Digital Holdings (MARA) observed open interest increases in the $18 call expiring August 8, 2025 by 37.15K and the $15 put expiring August 8, 2025 increased by 36.31K.

Rigetti Computing (RGTI) noted open interest increases in several positions: the $15.50 call expiring August 8, 2025 rose by 36.54K, the $13 put expiring August 8, 2025 increased by 36.46K, the $13 put expiring August 15, 2025 rose by 31.30K, and the $16 call expiring August 15, 2025 increased by 29.59K.

American Airlines (AAL) observed an increase in the $13 call expiring September 19, 2025 by 34.08K.