Whale Moves | Tesla and IWM Options Surge with Notable Open Interest Increases in Calls and Puts

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) rose by 0.77% with an impressive option volume of 5.87 million and open interest at 18.63 million.

Invesco QQQ Trust (QQQ) gained 1.79%, with an option volume of 4.60 million and open interest totaling 10.20 million.

NVIDIA saw a robust increase of 3.14%, with option volume hitting 3.19 million and open interest at 27.40 million.

Tesla surged by 5.93%, recording an option volume of 2.82 million and open interest of 8.10 million. Notably, Tesla's $440 call expiring December 20, 2024, and $500 call expiring the same date, saw a combined open interest increase of approximately 59,000 contracts.

iShares Russell 2000 ETF (IWM) experienced a modest rise of 0.45%, with an option volume of 1.40 million and open interest at 12.39 million. The $225 put expiring January 17, 2025, saw an open interest increase of 61.84K contracts.

Alphabet-A (GOOGL) climbed by 5.52% with option volume at 1.29 million and open interest of 2.85 million.

Apple (AAPL) declined slightly by 0.52%, with option volume at 1.09 million and open interest at 6.26 million.

Advanced Micro Devices (AMD) posted a gain of 1.89% with option volume reaching 839.65K and open interest at 3.73 million.

Palantir (PLTR) rose by 2.29% with option volume at 743.91K and an open interest of 3.92 million.

Alphabet-C (GOOG) increased by 5.46%, witnessing an option volume of 687.00K and open interest at 1.49 million.

Super Micro Computer (SMCI) fell by 5.55% with an option volume of 660.96K and open interest of 4.64 million. The $25 call expiring December 13, 2024, saw a notable open interest increase of 39.36K contracts.

Amazon (AMZN) rose by 2.32%, with option volume at 650.58K and open interest sitting at 4.48 million.

iShares 20+ Year Treasury Bond ETF (TLT) decreased by 0.95%, with option volume of 598.58K and open interest at 6.16 million.

MicroStrategy (MSTR) climbed significantly by 9.03%, with option volume at 556.34K and open interest at 2.68 million.

Uber Technologies (UBER) declined by 5.82%, with option volume at 533.01K and open interest of 1.58 million.

Walmart (WMT) saw a slight rise of 0.43%, with an option volume of 519.66K and open interest at 1.67 million.

Broadcom (AVGO) surged by 6.63%, with option volume at 404.05K and open interest at 2.29 million.

GameStop (GME) increased by 7.58%, with option volume at 403.13K and open interest of 1.06 million.

Meta Platforms (META) saw a 2.16% increase, with option volume at 380.78K and open interest of 2.27 million.

SPDR Gold ETF (GLD) rose by 0.95%, with option volume at 374.99K and open interest at 2.83 million.

Other Notable Moves

Sirius XM Radio (SIRI) saw significant open interest increases across various options: the $3.50 call expiring January 16, 2026, increased by 91.73K contracts; the $3.50 put expiring January 17, 2025, by 86.45K contracts; and the $4.00 call expiring January 16, 2026, by 71.78K contracts, among others.

LAZR saw open interest increases, notably in the $1.00 call expiring January 17, 2025, with an increase of 71.28K contracts, and the $1.00 call expiring January 16, 2026, with 69.29K contracts.

HYG's $78 put expiring March 21, 2025, saw an increase in open interest by 53.55K contracts, while the $75 put expiring the same date saw an increase of 41.14K contracts.