Whale Moves | QQQ & SPXW Put Open Interest Surge Indicates Bearish Market Sentiment

Top 20 Stocks with Most Traded Options

SPDR S&P 500 ETF (SPY) experienced a decrease of 0.29% today, with an option volume of 4.17M and an open interest of 19.92M. Notably, the open interest for the $539 put expiring April 17, 2025, increased by 27.76K, reflecting a potential shift in investor sentiment.

NVIDIA (NVDA) rose by 0.86% with an option volume of 3.33M and an open interest of 23.39M. There were no significant open interest changes in today's session for NVIDIA options.

Tesla (TSLA) saw a slight increase of 0.17%, with an option volume of 2.44M and an open interest of 9.21M. TSLA's options did not show notable changes in open interest.

Invesco QQQ Trust (QQQ) declined by 0.34%, witnessing an option volume of 1.99M and an open interest of 9.44M. Significant open interest increases were observed for the $390 put expiring May 2, 2025, with an increase of 100.02K, and the $420 put with an increase of 50.36K, indicating bearish market sentiment.

iShares Russell 2000 ETF (IWM) dropped by 0.63%, with an option volume of 1.12M and an open interest of 12.75M. No significant open interest changes were recorded today.

Apple (AAPL) fell by 0.53%, with an option volume of 1.04M and an open interest of 5.05M. There were no notable changes in open interest for Apple's options.

Micron Technology (MU) increased by 0.92%, with an option volume of 898.07K and an open interest of 2.08M. No significant open interest changes occurred today for MU options.

Meta Platforms (META) saw a rise of 0.33%, with an option volume of 814.81K and an open interest of 2.15M. META options did not exhibit notable open interest changes.

Amazon (AMZN) decreased by 0.30%, with an option volume of 711.58K and an open interest of 4.13M. No significant open interest adjustments were found today for AMZN options.

Palantir (PLTR) rose by 1.50%, with an option volume of 590.27K and an open interest of 3.58M. There were no notable changes in open interest for PLTR options.

Strategy (MSTR) fell by 0.71%, with an option volume of 558.09K and an open interest of 2.43M. No significant open interest changes were observed today.

iShares 20+ Year Treasury Bond ETF (TLT) increased by 0.07%, with an option volume of 555.70K and an open interest of 6.47M. There were no notable open interest changes for TLT options.

Advanced Micro Devices (AMD) rose by 0.86%, with an option volume of 449.03K and an open interest of 3.97M. No significant open interest changes were noted for AMD options today.

Ishares Iboxx $ High Yield Corporate Bond ETF (HYG) saw a slight drop of 0.14%, with an option volume of 426.43K and an open interest of 9.65M. No significant open interest changes were observed for HYG options today.

NIO Inc (NIO) experienced a steep decline of 8.90%, with an option volume of 416.20K and an open interest of 3.70M. No significant open interest changes were found for NIO options.

Broadcom (AVGO) decreased by 2.28%, with an option volume of 416.05K and an open interest of 2.27M. There were no notable changes in open interest for AVGO options today.

Intel (INTC) fell by 0.66%, with an option volume of 345.02K and an open interest of 6.41M. No significant open interest changes were recorded for INTC options today.

Alibaba (BABA) declined by 4.39%, with an option volume of 338.57K and an open interest of 3.08M. There were no notable open interest changes for BABA options today.

Super Micro Computer (SMCI) dropped by 2.49%, with an option volume of 332.88K and an open interest of 3.20M. No significant open interest changes were noted for SMCI options.

D-Wave Quantum (QBTS) declined sharply by 18.02%, with an option volume of 302.85K and an open interest of 712.59K. No notable changes in open interest were recorded for QBTS options.

Other Notable Moves

SPXW options saw substantial open interest increases, with the $4650 put expiring May 2, 2025, observing an increase of 60.23K, and the $4600 put with an increase of 60.19K. This suggests growing bearish sentiment within the broader market index.

VIX options saw notable open interest increases, particularly for the $25 call expiring April 16, 2025, which increased by 37.75K, indicating increased volatility expectations.

ITUB options saw a significant increase in open interest, with the $5 call expiring January 16, 2026, rising by 20.07K, reflecting increased investor interest in this financial institution.