US Stock Market Unusual Options Activity Overview: Nasdaq 100 Open Interest Surges by $41 million, MRVL and LITE Soar 64% and 151% Respectively
August 10th, according to TradingBeats (formerly Hyperinsight) monitoring, during the pre-market session, there was a significant increase in open interest on the Hyperliquid index and semiconductor mapping contracts. The XYZ100 and MRVL long/short ratio simultaneously expanded, LITE saw concentrated buying, while funds in PLTR chose to reduce risk.
The XYZ100 is currently trading at around 29,831 points, with only about a 0.2% increase in the past 24 hours; however, the open interest has increased from about $186 million to $227 million, a jump of about $41.19 million, a 22.1% increase.
In million-dollar address holdings, XYZ100 long positions increased from about $16.04 million to $34.27 million, a net addition of $18.22 million; short positions increased from $34.90 million to $57.22 million, a net addition of $22.32 million.
Individual Stocks:
MRVL saw only about a 1% increase in the past 24 hours, but the open interest rose from $31.81 million to $52.12 million, an increase of about $20.31 million, a 63.8% surge. Million-dollar address long positions saw a net increase of about $10.57 million and short positions saw a net increase of $7.24 million.
LITE's open interest during the same period increased from about $6.22 million to $15.61 million, a growth of about 151%.
PLTR underwent a two-way deleveraging: its open interest decreased from about $40.88 million to $21.15 million, a reduction of about $19.73 million, a 48.3% decrease; million-dollar address long and short positions each decreased by approximately $5.38 million and $10.29 million.
The on-chain Perp and address analysis tool TradingBeats is now live, supporting real-time viewing of Hyperliquid data, from address tracing to whale operations, providing in-depth analysis for a comprehensive view.