Whale Moves | SPY and VIX Calls Surge in Open Interest Amid Market Volatility

Top 20 Stocks with Most Traded Options

NVIDIA (NVDA) saw a significant drop of 16.97% with option volume reaching 10.21 million and open interest at 19.46 million.

SPDR S&P 500 ETF (SPY) declined by 1.41%, trading 4.04 million options with an open interest of 16.66 million. Notably, a large increase in open interest was observed in the $610 call expiring January 31, 2025, rising by 6,140 contracts, and in the $620 call expiring January 30, 2025, increasing by 5,580 contracts.

Invesco QQQ Trust (QQQ) decreased by 2.91%, with 2.90 million options traded and an open interest of 6.49 million.

Apple (AAPL) rose by 3.18% with an option volume of 1.05 million and open interest of 4.21 million.

Tesla (TSLA) experienced a 2.32% decline, trading 986,780 options with an open interest of 5.77 million.

Broadcom (AVGO) plummeted by 17.40% with 925,350 options traded and an open interest of 1.74 million.

iShares Russell 2000 ETF (IWM) fell by 0.96%, trading 848,130 options with an open interest of 8.93 million.

SoFi Technologies (SOFI) dropped by 10.27%, with option volume of 711,150 and open interest of 2.53 million.

Advanced Micro Devices (AMD) saw a decrease of 6.37%, trading 702,590 options with an open interest of 3.24 million.

iShares 20+ Year Treasury Bond ETF (TLT) increased by 1.18%, with 642,630 options traded and an open interest of 5.35 million.

Palantir (PLTR) fell by 4.48%, trading 573,640 options with an open interest of 2.80 million.

Taiwan Semiconductor (TSM) decreased by 13.33%, with 554,360 options traded and open interest at 1.31 million.

Amazon (AMZN) had a slight increase of 0.24%, trading 546,470 options with an open interest of 3.07 million.

MicroStrategy (MSTR) experienced a 1.63% decline, trading 497,690 options with an open interest of 2.02 million.

Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL) plunged by 23.25%, with 482,820 options traded and open interest at 706,230.

Micron Technology (MU) dropped by 11.71%, with option volume at 449,690 and open interest of 1.44 million.

Meta Platforms (META) saw a 1.91% increase, trading 417,090 options with an open interest of 1.59 million.

Alphabet-A (GOOGL) declined by 4.20%, with 398,310 options traded and an open interest of 2.07 million.

iShares Bitcoin Trust (IBIT) fell by 3.40%, trading 397,350 options with an open interest of 2.15 million.

VanEck Semiconductor ETF (SMH) decreased by 9.83%, with option volume at 367,680 and open interest of 644,880.

Other Notable Moves

VIX saw notable increases in open interest across several contracts: the $22 call expiring February 19, 2025, rose by 77,570 contracts; the $35 call expiring February 19, 2025, increased by 20,530 contracts; and the $16 put expiring March 18, 2025, saw an increase of 19,570 contracts.

SPX options also saw significant changes, with the $4,000 put expiring December 19, 2025, increasing by 10,850 contracts, and the $5,000 call expiring March 21, 2025, rising by 6,880 contracts.