Whale Moves | NVDA $125 Puts Surge with 19.90M Open Interest Amid Stock Decline of 1.18%

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) saw a stock rise of 0.67% with an option volume of 5.48M and open interest of 14.93M. This high activity reflects its continued appeal to traders.

NVIDIA (NVDA) experienced a decline of 1.18% with option volume at 3.50M and open interest of 19.90M. Significant open interest increases were noted for NVDA's $125 put options expiring on August 23, 2024, highlighting trader interest in protective strategies.

Invesco QQQ Trust (QQQ) declined by 1.67%, with an option volume of 1.93M and open interest of 8.17M. The activity suggests ongoing volatility within the tech-heavy index.

The iShares Russell 2000 ETF (IWM) had a minor drop of 0.48%, accompanied by 970.36K in options traded and open interest at 9.94M. Notably, the $205 call option expiring on April 4, 2025, saw an open interest increase of 17.42K, indicating bullish sentiment despite the dip.

Apple (AAPL) gained 1.94% with options volume reaching 676.20K and open interest at 4.26M. This uptick suggests optimism among investors regarding Apple's future performance.

Amazon (AMZN) fell by 1.28%, with 662.41K options traded and open interest of 3.63M, indicating cautious sentiment in the market.

Palantir (PLTR) closed down 1.69%, with option volume of 574.00K and open interest at 3.15M, reflecting ongoing market scrutiny.

Industrial Select Sector SPDR Fund (XLI) increased by 0.71% with options volume at 573.34K and open interest of 818.80K, perhaps a sign of resilience in the industrial sector.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) saw a modest gain of 0.11% with 505.56K in option volume and open interest of 7.64M, indicating stable interest.

iShares 20+ Year Treasury Bond ETF (TLT) rose 0.99%, with option trading volume reaching 420.09K and open interest at 5.52M, suggesting a shift towards safer investments.

Meta Platforms (META) experienced a slight dip of 0.07%, with option volume of 392.89K and open interest of 1.94M, indicating mixed sentiment.

SPDR Gold ETF (GLD) increased by 1.44% alongside 370.52K in option volume and open interest of 2.79M, reflecting a move toward traditional safe havens.

Strategy (MSTR) declined by 0.39%, with option volume at 351.10K and open interest of 2.06M, suggesting cautious trading behavior.

Advanced Micro Devices (AMD) saw a decrease of 0.47%, with 344.10K options traded and open interest of 3.50M, indicating a watchful approach from traders.

Alphabet-A (GOOGL) experienced a slight rise of 0.20%, with options volume of 336.44K and open interest of 2.72M, reflecting steady interest.

Intel (INTC) dropped by 0.90%, with option volume at 303.14K and open interest of 1.94M, highlighting potential concerns amongst market participants.

Robinhood (HOOD) saw a minor decline of 0.72%, with 301.15K options traded and open interest at 1.83M, signaling continued market watchfulness.

ProShares UltraPro QQQ ETF (TQQQ) remained relatively stable with a minor decrease of 0.07% and options volume of 299.87K and open interest of 811.92K.

Other Notable Moves

Significant open interest changes were observed in the VIX options, with the $18 put expiring on April 16, 2025, increasing by 24.24K, and the $35 call expiring on May 21, 2025, rising by 21.90K. These movements reflect heightened activity around volatility expectations.