【August 18 U.S. Stock Options Top Traders List】

📌 $NVIDIA (NVDA)$ tops both the bullish and bearish charts at the same time, but the Put side is dominated by net selling, suggesting that the funds are more like collecting rent and propping things up. Ahead of the earnings report, there’s a high likelihood that the stock will continue trading in a tight range at elevated levels. For strategy: don’t chase highs. For bullish setups, you can use a Call calendar spread/diagonal spread. Holders can also add a protective collar to guard against sudden pullbacks.
📌 $Tesla (TSLA)$ shows net buying of Puts. The stock closed at 335 with a weak rebound. The market is biased bearish, but sentiment isn’t extreme. In the short term, you can do a bear Call spread (e.g., 370/400C) with limited risk; more conservative traders can use an iron eagle to harvest time value.
📌 $$iShares Bitcoin Trust ETF (IBIT)$ shows a huge distant-month 61C block trade, and combined with BTC’s recent weakness, the speculative intent is clear. Strategy-wise, you can use a bull Put spread to capture downside volatility while controlling tail risk. If you expect range-bound action, you can also trade straddles/wide straddles to profit from volatility expansion. #OptionsFlow