Option Signals | Robinhood Options Surge: 1.32 Million Contracts, $90 Calls Expiring July 3, 2025, Up 731%; One HUYA $2.5 Call Shows Unusual Activity with 30,000 Contracts Traded
Dow Jones Industrial Average DJI | 0.00 | |
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S&P 500 index SPX | 0.00 | |
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NVIDIA Corporation NVDA | 0.00 |
Market Overview
As the market closed, the Dow Jones Industrial Average(DJI.US) rose 0.63% to 44,094.77 points, the NASDAQ(IXIC.US) increased by 0.47% to 20,369.73 points, and the S&P 500 index(SPX.US) gained 0.52% to 6,204.95 points.
Notably, the trading volume for S&P 500 put options reached 2.1285 million contracts, while call options saw a volume of 2.0557 million contracts, resulting in a put/call ratio of approximately 1.04. This suggests a more pronounced bearish sentiment among investors for the index. Among these, the SPX put option SPXW 300925 P 4940 recorded a volume of 75,800 contracts, with a VOL/OI ratio of 489.00. The contract’s strike price is $4,940.00, and the option fell by 48.92%.
Top 10 Options Trading Volume:
NVIDIA Corporation(NVDA.US): Overnight, Nvidia shares rose 0.15%. The total options volume for the day reached 2.02 million contracts, a decrease of 2.2297 million from the previous day, marking a 0.53-fold drop. Open interest stands at 19.05 million contracts.
CEO Jensen Huang resumed stock sales this week for the first time since September last year. Under an SEC-approved pre-arranged trading plan from March, he can sell up to 6 million shares this year while retaining most of his holdings.
Apple Inc.(AAPL.US): Apple shares climbed 2.03% overnight. The day's options volume totaled 1.64 million contracts, up by 617,900 from the previous day, representing a 0.61-fold increase. Open interest is at 4.99 million contracts.
Reports suggest Apple is considering integrating external AI models into Siri, potentially using technology from Anthropic or OpenAI. This move could signal a major shift in Apple's AI strategy, possibly moving away from its reliance on in-house large models.
Robinhood(HOOD.US): Robinhood shares surged 12.77% overnight, with options volume hitting 1.32 million contracts, an increase of 931,600 from the previous day, marking a 2.42-fold rise. Open interest is at 1.91 million contracts.
Bullish sentiment prevailed, particularly for the July 3 expiration call option (HOOD 030725 C 90) with a $90 strike price, which saw a 731% increase on Monday. The company announced its most ambitious suite of crypto products yet, aiming to integrate traditional finance with blockchain infrastructure, ushering global investors into a new era of seamless tokenized asset trading.
Tesla Motors, Inc.(TSLA.US): Tesla shares fell 1.84% overnight. The options volume for the day was 1.31 million contracts, a reduction of 1.988 million from the previous day, marking a 0.6-fold decrease. Open interest stands at 7.81 million contracts.
Tesla is expected to release its quarterly delivery data on Wednesday morning, with analysts predicting a double-digit year-over-year decline for the second consecutive quarter.
SoFi(SOFI.US): SoFi shares rose 6.0% overnight, with options volume reaching 1.23 million contracts, an increase of 518,400 from the previous day, marking a 0.73-fold rise. Open interest is at 3.16 million contracts.
Palantir(PLTR.US): Palantir shares increased 4.27% overnight. The day's options volume was 660,000 contracts, a decrease of 722,000 from the previous day, marking a 0.52-fold drop. Open interest stands at 3.08 million contracts.
The company recently appointed Accenture's federal services division as its preferred implementation partner for U.S. federal government clients.
| Code | Closing Price | Volume | Open Interest | PUT/CALL |
|---|---|---|---|---|
| NVIDIA Corporation(NVDA.US) | 157.99 | 2.02M | 19.05M | 0.9 |
| Apple Inc.(AAPL.US) | 205.17 | 1.64M | 4.99M | 0.7 |
| Robinhood(HOOD.US) | 93.63 | 1.32M | 1.91M | 0.6 |
| Tesla Motors, Inc.(TSLA.US) | 317.66 | 1.31M | 7.81M | 0.9 |
| SoFi(SOFI.US) | 18.21 | 1.23M | 3.16M | 0.7 |
| Palantir(PLTR.US) | 136.32 | 0.66M | 3.08M | 0.8 |
| MicroStrategy Incorporated Class A(MSTR.US) | 404.23 | 0.65M | 2.16M | 0.9 |
| Amazon.com, Inc.(AMZN.US) | 219.39 | 0.63M | 3.65M | 0.8 |
| Alphabet Inc. Class A(GOOGL.US) | 176.23 | 0.57M | 3.2M | 0.6 |
| Advanced Micro Devices, Inc.(AMD.US) | 141.90 | 0.53M | 3.55M | 0.8 |
PUT/CALL: Counts the percentage of open put and call option holdings for the listed stocks during the trading day.
Options Activity Tracking:
Vor Biopharma, Inc.(VOR.US): Shares soared 52.83% overnight. The call option VOR 171025 C 2, with a strike price of $2.00 and expiring on October 17, 2025, saw a volume of 38,700 contracts and increased by 5.0%.
BigBear.ai Holdings(BBAI.US): Shares rose 16.27% overnight. The put option BBAI 030725 P 7, with a strike price of $7.00 and expiring on July 3, 2025, had a volume of 15,300 contracts and dropped by 57.14%.
HUYA INC.(HUYA.US): Shares fell 2.22% overnight. The call option HUYA 171025 C 2.5, with a strike price of $2.50 and expiring on October 17, 2025, saw a volume of 28,500 contracts and decreased by 9.09%.
SoFi(SOFI.US): Shares rose 6.0% overnight. The put option SOFI 030725 P 18.5, with a strike price of $18.50 and expiring on July 3, 2025, had a volume of 19,000 contracts and fell by 59.29%.
Starbucks Corporation(SBUX.US): Shares dipped 0.52% overnight. The call option SBUX 250725 C 95, with a strike price of $95.00 and expiring on July 25, 2025, saw a volume of 11,800 contracts and decreased by 13.58%.
| Code | Option Type | Strike Price | Expiration Date | Volume | Open Interest | Vol/OI |
|---|---|---|---|---|---|---|
| Vor Biopharma, Inc.(VOR.US) | CALL | $2.0 | 10/17/25 | 38.69K | 159 | 243.31 |
| BigBear.ai Holdings(BBAI.US) | PUT | $7.0 | 07/03/25 | 15.26K | 100 | 152.6 |
| HUYA INC.(HUYA.US) | CALL | $2.5 | 10/17/25 | 28.48K | 224 | 127.15 |
| SoFi(SOFI.US) | PUT | $18.5 | 07/03/25 | 18.96K | 169 | 112.18 |
| Starbucks Corporation(SBUX.US) | CALL | $95.0 | 07/25/25 | 11.77K | 117 | 100.56 |
| SoFi(SOFI.US) | PUT | $18.0 | 07/03/25 | 59.59K | 621 | 95.96 |
| Chipotle Mexican Grill, Inc.(CMG.US) | CALL | $60.0 | 07/11/25 | 19.92K | 230 | 86.59 |
| Chipotle Mexican Grill, Inc.(CMG.US) | CALL | $58.0 | 07/11/25 | 19.89K | 237 | 83.92 |
| Starbucks Corporation(SBUX.US) | CALL | $97.0 | 07/03/25 | 13.79K | 168 | 82.1 |
| EQT Corporation(EQT.US) | PUT | $57.0 | 07/03/25 | 9.51K | 117 | 81.28 |
vol/oi: The ratio of options volume to the number of open positions in the contract, with higher vol/oi indicating that the market is creating an abnormal number of new positions.
Option IV Unusual Movements:
Chime Financial, Inc.(CHYM.US): Shares increased by over 4%. The total options volume for the day reached 26,000 contracts, with call options making up 91% of the trades. The implied volatility stands at 108%.
A research report from investment bank Seaport highlights that Chime Financial, a digital bank, not only has significant market share expansion opportunities but also can deepen customer relationships. These positive factors are expected to drive improved financial performance over the coming years. Following its recent IPO, Chime, which offers banking services via a mobile app, is projected to maintain annual revenue growth between 26% and 32% over the next two years.
High IV stocks:
| Code | Volume | IV | IV Rank | IV Percentile |
|---|---|---|---|---|
| Nokia Oyj Sponsored ADR(NOK.US) | 4.00K | 145.78% | 100.00% | 100% |
| BigBear.ai Holdings(BBAI.US) | 373.27K | 142.83% | 41.77% | 71% |
| Aeva Technologies, Inc. (AEVA.US) | 5.46K | 138.14% | 64.08% | 95% |
| Sunrun Inc.(RUN.US) | 134.59K | 137.63% | 74.33% | 94% |
| Viking Therapeutics, Inc.(VKTX.US) | 11.91K | 131.65% | 96.59% | 99% |
| Circle(CRCL.US) | 273.28K | 115.76% | 9.37% | 7% |
| Core Scientific Inc Ordinary Shares - New(CORZ.US) | 151.26K | 112.91% | 65.85% | 92% |
| Gorilla Technology Group Inc Ordinary Shares(GRRR.US) | 17.45K | 109.39% | 3.92% | 19% |
| Applied Digital(APLD.US) | 87.46K | 109.03% | 56.13% | 28% |
| Chime Financial, Inc.(CHYM.US) | 26.61K | 108.86% | 100.00% | 90% |
Source: Barchart, data as of Eastern Time, June 30, 2025.
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Note: Implied volatility estimates the expected fluctuation of a stock's price and is derived from the cost of its options. High and low levels of implied volatility signify market sentiment and option supply and demand dynamics. Feeding into an option's premium, implied volatility, time value, and directional movement embody the core aspects influencing option pricing. Traders navigate their strategies within this three-dimensional framework.
Volume reflects the aggregate volume of options contracts executed in a single day.
IV Rank gauges the standing of the current implied volatility within the highest and lowest values observed over the past year, serving as a relative measure.
IV Percentile denotes the proportion of days during the past year when the implied volatility was lower than the present rate, providing a statistical norm.
IV Yearly High marks the apex of an option's implied volatility recorded within the preceding year, signaling its peak uncertainty or risk