Whale Moves | Tesla and Coinbase Options Surge; Significant Open Interest in EWZ and SIRI Calls

Market BriefWednesday, Nov 6, 2024 7:00 pm ET

2min read

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) saw a notable increase of +2.49% today with an option volume of 8.10M and open interest at 18.45M.

Invesco QQQ Trust (QQQ) advanced by +2.72%, trading a volume of 4.87M options, with open interest standing at 9.03M.

NVIDIA (NVDA) surged +4.07% with an option volume of 3.57M and open interest reaching 25.77M.

Tesla (TSLA) experienced a significant rise of +14.75%, accompanied by an option volume of 3.42M and open interest at 7.21M.

iShares Russell 2000 ETF (IWM) climbed +5.79% with an option volume of 2.50M and open interest at 11.31M. Notably, the $213 put expiring November 15, 2024, saw an increase in open interest by 34.98K contracts.

iShares 20+ Year Treasury Bond ETF (TLT) declined -2.74% with options trading at 1.39M volume and an open interest of 6.25M.

Super Micro Computer (SMCI) dropped significantly by -18.05% with an option volume of 1.19M and open interest at 4.57M.

Amazon (AMZN) rose by +3.80%, with options volume at 1.14M and open interest at 3.91M.

Financial Select Sector SPDR Fund (XLF) increased by +6.08%, trading 1.03M options and maintaining an open interest of 7.09M.

Palantir Technologies (PLTR) jumped +8.61% with an option volume of 1.01M and open interest at 3.41M.

Trump Media & Technology (DJT) appreciated by +5.94%, with options trading at 859.56K volume and open interest recorded at 1.81M.

Coinbase (COIN) exhibited a massive gain of +31.11% with an options volume of 851.26K and open interest at 1.11M.

iShares China Large-Cap ETF (FXI) witnessed a decline of -2.94%, with options volume at 792.44K and open interest of 7.78M.

Apple (AAPL) experienced a slight drop of -0.33%, trading 642.05K options with an open interest of 5.88M.

Ford Motor (F) rose +5.57%, with an options volume of 605.96K and open interest at 3.39M.

iShares Silver Trust (SLV) decreased by -4.44% and recorded an options volume of 531.09K with open interest at 5.80M.

MARA Holdings (MARA) soared +18.97%, trading 470.65K options with open interest of 1.54M.

Intel (INTC) increased by +7.42%, with options trading at a volume of 454.71K and open interest at 4.75M.

Meta Platforms (META) saw a small decline of -0.07%, with options volume at 445.44K and open interest of 2.17M.

Robinhood (HOOD) surged +19.63%, trading 433.66K options with an open interest of 1.44M.

Other Notable Moves

EWZ saw significant open interest increases in its calls, with the $29 call expiring November 8, 2024, up by 215.38K, and the $29.50 call up by 207.08K.

SIRI experienced notable open interest increases in multiple contracts, including the $3.50 call expiring January 16, 2026, up by 91.73K, and the $3.50 put expiring January 17, 2025, up by 86.45K. Additionally, the $4.00 call expiring December 20, 2024, rose by 71.78K, and the $5.00 call expiring January 17, 2025, increased by 64.69K.

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.