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

Market BriefMonday, Mar 3, 2025 7:00 pm ET

2min read

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) saw a decline of 1.75% with an option volume of 5.88 million and open interest of 15.84 million. Notably, the $585 put expiring March 7, 2025, and the $565 put expiring March 21, 2025, saw open interest increases by 23.91K and 22.85K, respectively. Additionally, the $575 put expiring March 7, 2025, also saw an increase of 21.49K in open interest.

NVIDIA (NVDA) experienced a significant drop of 8.69% with option volume reaching 4.85 million, and open interest standing at 21.65 million. There were no notable changes in open interest for nvda options.

Invesco QQQ Trust (QQQ) declined by 2.19% with an option volume of 2.58 million and open interest of 7.22 million. The $490 put expiring April 17, 2025, saw an open interest increase of 18.23K, and the $470 put of the same expiry date saw an increase of 16.41K.

Tesla (TSLA) fell by 2.84% with an option volume of 2.31 million and open interest of 7.38 million. There were no notable changes in open interest for TSLA options.

iShares Russell 2000 ETF (IWM) is down by 2.73%, with its option volume at 1.62 million and open interest at 10.35 million. There were no notable changes in open interest for IWM options.

Palantir (PLTR) decreased by 1.77%, with an option volume of 786.60K and open interest of 3.32 million. There were no notable changes in open interest for PLTR options.

Intel (INTC) saw a decline of 4.17% with an option volume of 772.90K and open interest of 5.62 million. There were no notable changes in open interest for INTC options.

Apple (AAPL) decreased by 1.58% with an option volume of 676.75K and open interest of 4.40 million. There were no notable changes in open interest for AAPL options.

iShares Bitcoin Trust (IBIT) increased by 2.09%, with an option volume of 670.30K and open interest of 2.50 million. There were no notable changes in open interest for IBIT options.

Strategy (MSTR) fell by 1.77%, with an option volume of 658.26K and open interest of 1.96 million. There were no notable changes in open interest for MSTR options.

Amazon (AMZN) dropped by 3.42% with an option volume of 557.48K and open interest of 3.59 million. There were no notable changes in open interest for AMZN options.

iShares 20+ Year Treasury Bond ETF (TLT) saw a slight increase of 0.47%, with an option volume of 552.92K and open interest of 5.55 million. There were no notable changes in open interest for TLT options.

Super Micro Computer (SMCI) plunged by 13.00%, with an option volume of 552.72K and open interest of 3.14 million. There were no notable changes in open interest for SMCI options.

Advanced Micro Devices (AMD) slightly decreased by 1.63%, with an option volume of 475.01K and open interest of 3.70 million. There were no notable changes in open interest for AMD options.

Ishares Iboxx $ High Yield Corporate Bond Etf (HYG) showed a minor decline of 0.21%, with an option volume of 378.94K and open interest of 5.25 million. There were no notable changes in open interest for HYG options.

ProShares UltraPro QQQ ETF (TQQQ) dropped by 6.46%, with an option volume of 348.50K and open interest of 782.39K. There were no notable changes in open interest for TQQQ options.

MARA Holdings (MARA) fell by 0.93%, with an option volume of 347.83K and open interest of 1.68 million. There were no notable changes in open interest for MARA options.

Robinhood (HOOD) declined by 6.41%, with an option volume of 336.00K and open interest of 1.47 million. There were no notable changes in open interest for HOOD options.

Taiwan Semiconductor (TSM) decreased by 4.19%, with an option volume of 321.19K and open interest of 1.53 million. There were no notable changes in open interest for TSM options.

NIO Inc (NIO) dropped by 8.64%, with an option volume of 310.18K and open interest of 3.15 million. There were no notable changes in open interest for NIO options.

Other Notable Moves

VIX saw significant open interest changes with the $15 put expiring April 16, 2025, increasing by 45.81K, the $40 call of the same expiry increasing by 21.63K, and the $47.50 call also expiring April 16, 2025, increasing by 20.85K. Additionally, the $17 put expiring April 16, 2025, saw an increase of 20.84K in open interest. Furthermore, the $31 call expiring April 16, 2025, saw an increase of 11.50K in open interest.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.