Whale Moves | SPY Put Options Surge with Significant Open Interest Increases Across Multiple Strikes

Generated by AI AgentAinvest Market Brief
Wednesday, Aug 6, 2025 8:01 pm ET3min read
Aime RobotAime Summary

- SPY, QQQ, and AAPL led gains with +0.77% to +5.09%, showing high option volumes (7.57M-2.08M) and open interest spikes in key puts/calls.

- AMD (-6.42%) and SMCI (-18.29%) saw sharp declines alongside notable open interest jumps in $187.50 calls and $210 puts, signaling heightened volatility expectations.

- OPEN (-24.60%) and SNAP (-17.15%) experienced extreme drops with significant open interest increases in deep-out-of-the-money options, reflecting speculative trading activity.

- Top 20 stocks collectively showed elevated option volumes (302K-7.57M) and open interest trends, highlighting market focus on near-term August-October 2025 expiration cycles.

【Top 20 Stocks with Most Traded Options】

SPDR S&P 500 ETF (SPY) saw a positive movement of +0.77%, with an impressive option volume of 7.57M and open interest at 18.36M. Significant open interest increases were observed in the $455 put, $405 put, and $505 put, expiring on October 17, 2025, with increases of 200.14K, 100.13K, and 99.92K respectively.

Invesco QQQ Trust (QQQ) gained +1.26%, with an option volume of 4.19M and open interest at 8.77M.

Apple (AAPL) surged +5.09%, recording an option volume of 2.08M and open interest of 5.08M.

Advanced Micro Devices (AMD) declined by -6.42%, with an option volume of 2.00M and open interest at 4.15M. Notable increases in open interest were seen in the $187.50 call expiring on August 8, 2025, with an increase of 22.11K, as well as the $140 put and $160 put expiring on August 22 and August 8, 2025, showing increases of 19.93K and 19.57K respectively.

NVIDIA (NVDA) experienced a modest rise of +0.65%, with an option volume of 1.72M and open interest at 19.37M.

Tesla (TSLA) rose +3.62%, with an option volume of 1.72M and open interest of 8.03M.

Palantir (PLTR) increased by +3.62%, with an option volume of 1.11M and open interest at 3.53M.

Super Micro Computer (SMCI) faced a significant drop of -18.29%, with an option volume of 983.61K and open interest at 2.63M.

Amazon (AMZN) climbed +4.00%, with an option volume of 874.10K and open interest at 4.29M.

Opendoor Technologies (OPEN) fell -24.60%, with an option volume of 805.52K and open interest at 2.40M. A notable increase in open interest was seen in the $3 call expiring on August 8, 2025, with an increase of 27.54K.

iShares Russell 2000 ETF (IWM) slightly dipped by -0.13%, with an option volume of 789.51K and open interest at 12.51M. Significant open interest increases were observed in the $210 put expiring on September 19, 2025, with an increase of 31.97K, and another $210 put expiring on August 15, 2025, with an increase of 25.09K.

Snap Inc (SNAP) decreased by -17.15%, with an option volume of 767.11K and open interest at 1.80M. Noteworthy increases in open interest were evident in the $6.50 put, $11 call, and $10 call expiring on August 8, 2025, with increases of 48.00K, 32.22K, and 20.98K respectively.

iShares Bitcoin Trust (IBIT) gained +1.49%, with an option volume of 469.79K and open interest at 4.86M. A notable increase in open interest was observed in the $62 call expiring on August 29, 2025, with an increase of 19.41K.

Robinhood (HOOD) saw a modest rise of +0.18%, with an option volume of 386.71K and open interest at 2.26M.

iShares 20+ Year Treasury Bond ETF (TLT) fell by -0.58%, with an option volume of 366.79K and open interest at 5.52M.

Hims & Hers Health (HIMS) dropped -7.91%, with an option volume of 355.89K and open interest at 1.07M.

Lucid Group (LCID) experienced a decline of -9.71%, with an option volume of 334.62K and open interest at 3.27M. Notable increases in open interest were seen in the $2.50 call and $3 call expiring on August 8, 2025, with increases of 22.27K and 20.29K respectively, as well as the $2 put expiring on September 19, 2025, showing an increase of 21.98K.

Uber Technologies (UBER) marginally fell by -0.19%, with an option volume of 309.07K and open interest at 1.58M. A notable increase in open interest was observed in the $105 call expiring on October 17, 2025, with an increase of 22.80K.

Coinbase (COIN) rose by +1.88%, with an option volume of 302.35K and open interest at 1.30M.

Meta Platforms (META) gained +1.12%, with an option volume of 274.39K and open interest at 2.09M.

【Other Notable Moves】

SPXW saw notable increases in open interest in the $5150 put and $5200 put expiring on September 19, 2025, with increases of 58.76K and 58.64K respectively.

GLD experienced significant increases in open interest in the $325 call and $315 call expiring on August 22, 2025, with increases of 52.51K and 52.14K respectively.

INTC observed a noteworthy increase in open interest in the $23 call expiring on August 15, 2025, with an increase of 40.99K.

GLXY saw a notable increase in open interest in the $29 call expiring on August 8, 2025, with an increase of 38.05K.

HYG experienced a significant increase in open interest in the $79 put expiring on September 19, 2025, with an increase of 27.70K.

MARA saw a notable increase in open interest in the $16.50 call expiring on August 8, 2025, with an increase of 27.67K.

CORZ observed a noteworthy increase in open interest in the $19 call expiring on September 19, 2025, with an increase of 25.23K.

RIVN experienced a significant increase in open interest in the $10 put expiring on September 19, 2025, with an increase of 24.55K.

GOOGL saw a notable increase in open interest in the $205 call expiring on August 29, 2025, with an increase of 20.88K.

TLRY observed a noteworthy increase in open interest in the $2 put expiring on January 15, 2027, with an increase of 20.75K.

IWM experienced a significant increase in open interest in the $213 put expiring on August 29, 2025, with an increase of 19.44K.

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