Option Movers|Palantir's $150 Call Surges 220%; IBIT Sees 72% Call Options

Option Movers
Jul 15

Market Overview

Wall Street stocks closed marginally up on Monday(Jul 14) as investors sidestepped any meaningful moves following U.S. President Donald Trump's latest tariff threats, and held steady ahead of a busy week of economic data and the start of earnings season.

Regarding the options market, a total volume of 42,181,364 contracts was traded.

Top 10 Option Volumes

Source: Tiger Trade App

Palantir Technologies Inc. rose 5% to notch a new closing high of $149.15 a share on Monday, comfortably above the record closing price of $144.25, reached on June 26.

There are 827.54K Palantir option contracts traded on Monday. Call options account for 60% of overall option trades. Particularly high volume was seen for the $150 strike call option expiring July 18, with 53,821 contracts trading. $PLTR 20250718 150.0 CALL$

Unusual Options Activity

Source: Market Chameleon

Bitcoin breached $123,000 for the first time on Monday, with investor optimism increasing almost daily after it emerged from a narrow trading range that had left skeptics wondering whether the original cryptocurrency would regain the record-breaking momentum seen at the start of the year.

There are 1.11M iShares Bitcoin Trust ETF option contracts traded on Monday. Call options account for 72% of overall option trades. Particularly high volume was seen for the $70 strike call option expiring July 18, with 43,407 contracts trading. $IBIT 20250718 70.0 CALL$

TOP 10 S&P 500 Bullish & Bearish

This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).

If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.

Based on option delta volume, traders bought a net equivalent of 662,842 shares of Apple stock. The largest bearish delta came from selling calls. The largest delta volume came from the 18-Jul-25 230 Put, with traders getting long 405,105 deltas on the single option contract.

Source: Market Chameleon

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