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American Express ($AXP) drew particular attention from institutional players. Out of nine sizable trades recorded today, two-thirds reflected bullish expectations, with seven of those being put contracts worth roughly $556K, compared to just two call trades totaling around $137K. Despite the bearish put-call skew in terms of contract type, the dollar weighting and sentiment behind the trades still leans cautiously optimistic, possibly reflecting expectations of near-term volatility but long-term stability.
Alibaba Group ($BABA) saw a pronounced tilt toward the bearish end of the spectrum. Out of 37 high-dollar trades, 21 were puts amounting to over $2.3 million, versus 16 calls at about $1.3 million. The sentiment breakdown showed 45% of the investors leaning bearish, and only 37% expressing a bullish view. This type of skew often emerges ahead of critical company developments or macro risks that disproportionately affect Chinese tech giants.
Datadog ($DDOG) captured a strong bullish presence from the whales today. Of the 13 trades logged, 69% were bullish and the majority of the volume leaned toward calls—10 contracts totaling over $1.1 million, compared to just 3 puts worth around $188K. That’s a substantial confidence signal, likely tied to expectations of positive momentum or upcoming catalysts within the software monitoring space.
Home Depot ($HD) was more evenly split, with 50% of the large trades reflecting bullish sentiment and the other half leaning bearish. That said, both puts and calls were nearly identical in value—$411K in puts vs. $405K in calls—suggesting a tug-of-war between cautious positioning ahead of earnings or macro data and long-term confidence in consumer spending resilience.
Robinhood Markets ($HOOD) also attracted notable activity. Out of 11 trades, nearly half pointed toward bullish intent, while bearish trades made up just over a quarter. With eight calls totaling $463K against three puts at $147K, the tilt favors the bulls here, perhaps tied to optimism around crypto exposure or retail trading re-acceleration.
Palantir Technologies ($PLTR) saw one of the more robust flows of the day with 31 trades from whales. Calls dominated the scene—24 trades totaling over $1.8 million—while just seven puts came in at a modest $347K. That makes the flow overwhelmingly bullish, despite 48% of trades tagged with bullish sentiment and 41% bearish. The implication? While there may be skepticism about the short term, the big money appears eager to accumulate exposure on the long side.
Super Micro Computer ($SMCI) stood out with sharp bearish flow today. The precise breakdown of trade volumes wasn’t disclosed in detail, but sentiment was overwhelmingly negative. When whales make decisive bearish bets on a high-flyer like SMCI, it typically suggests anticipation of downside catalysts—whether macro-driven, sector-specific, or internal to the company.
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