Whale Moves | SPY and VIX Put/Call Interest Surge Amid Broad Market Declines

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) saw a price dip of 0.57% with an impressive option volume of 3.19 million and an open interest of 16.39 million. Notably, several put options expiring on May 16, 2025, including the $538 put with an increase of 15.87K in open interest and the $560 put with an increase of 15.36K in open interest, reflected heightened activity.

Tesla (TSLA) experienced a decline of 2.42%, with option volume reaching 1.70 million and open interest at 8.36 million. There were no significant open interest changes in Tesla options today.

Invesco QQQ Trust (QQQ) reported a 0.59% drop, with an option volume of 1.54 million and an open interest tallying 8.63 million. Open interest in the $400 put expiring June 20, 2025, increased by 12.91K, indicating strategic positioning.

NVIDIA (NVDA) marked a decrease of 0.59%, with an option volume of 1.54 million and open interest at 21.52 million. No notable open interest changes were observed for NVIDIA options today.

Palantir (PLTR) showed a slight decline of 0.41%, achieving an option volume of 1.23 million with open interest at 3.22 million. There were no significant open interest changes for Palantir options today.

Apple (AAPL) faced a considerable drop of 3.15%, with option volume of 977.37K and open interest of 4.83 million. No significant open interest fluctuations were recorded for Apple today.

iShares Russell 2000 ETF (IWM) dipped by 0.77%, showing an option volume of 720.42K and an open interest of 11.87 million. No notable changes in open interest were observed for IWM options.

Amazon (AMZN) fell by 1.91%, with option volume of 466.24K and open interest at 4.17 million. No significant open interest changes were noted for Amazon options today.

Strategy (MSTR) experienced a 1.99% decrease, reaching an option volume of 417.56K and open interest of 2.07 million. No significant changes were observed in MSTR option open interest.

Advanced Micro Devices (AMD) saw a price increase of 1.81%, with option volume of 406.40K and open interest at 3.59 million. No significant open interest changes were noted today.

Hims & Hers Health (HIMS) surged by 2.60%, with an option volume of 387.58K and open interest at 593.47K. No notable open interest changes were recorded for HIMS.

iShares Silver Trust (SLV) grew by 1.24%, with option volume reaching 383.92K and open interest at 6.33 million. No significant open interest changes were observed.

Meta Platforms (META) slightly increased by 0.38%, achieving an option volume of 341.83K and open interest of 2.10 million. No significant open interest changes were noted.

iShares 20+ Year Treasury Bond ETF (TLT) decreased by 0.56%, with an option volume of 316.70K and open interest of 5.58 million. No significant open interest changes were observed.

Ford Motor (F) fell by 1.07%, with an option volume of 283.21K and open interest at 2.79 million. No notable changes in open interest were recorded.

iShares MSCI Emerging Markets ETF (EEM) increased by 0.76%, with an option volume of 278.06K and open interest of 5.86 million. No significant open interest changes were noted.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) showed a minor decrease of 0.04%, with an option volume of 273.14K and open interest of 7.84 million. The $77 put expiring June 6, 2025, saw open interest rise by 50.10K, highlighting interest in this position.

Microsoft (MSFT) marginally rose by 0.20%, with an option volume of 268.03K and open interest of 2.17 million. No significant open interest changes were noted.

iShares Bitcoin Trust (IBIT) declined by 2.83%, with an option volume of 265.06K and open interest of 2.88 million. No notable open interest changes were observed.

SoFi Technologies (SOFI) increased by 1.26%, achieving an option volume of 255.31K and open interest of 3.04 million. No significant open interest changes were noted.

Other Notable Moves

VIX options saw several positions increase, including the $26 call expiring July 16, 2025, with an open interest increase of 16.83K and the $13.50 put expiring September 17, 2025, with an increase of 14.69K. Additionally, the $21 put expiring May 21, 2025, increased by 13.35K in open interest, reflecting strategic positioning in volatility-based assets.

XLF saw notable activity with the $45 put expiring June 20, 2025, increasing open interest by 11.51K and the $47.50 call expiring June 6, 2025, increasing by 8.40K, indicating noteworthy interest in financial sector movements.