Options Trading

Leopold Asche

2026-10-02 04:49:02

Leopold Aschenbrenner exits semiconductor put hedges and adds bullish bets on memory and AI infrastructure

Leopold Aschenbrenner, the former OpenAI researcher sometimes referred to as an "AI stock guru," has disclosed a portfolio heavily concentrated in AI infrastructure, semiconductors, and computing-related assets. His largest long positions are SanDisk (SNDK) at 28% and Micron (MU) at 27.5%, followed by Bloom Energy (BE) at 9.4%, Taiwan Semiconductor Manufacturing Co. (TSM) at 6.2%, and Nebius (NBIS) at 6.1%. He also holds positions in CoreWeave, Core Scientific, Applied Digital, Riot Platforms, and IREN, all tied to AI data centers, chips, or energy infrastructure. On the options side, Aschenbrenner recently added about $315 million in call option premium exposure across AMD, Bloom Energy, CoreWeave, SK Hynix, SanDisk, Intel, and the Roundhill Memory ETF (DRAM). At the same time, he has fully exited earlier put option hedges on Nvidia, AMD, Micron, TSM, and ASML. The disclosure also lists private investments in Anthropic, Fluidstack, Source Foundry, MatX, and Physical Intelligence, with the positions mainly drawn from a second-quarter 2026 13F filing and recent options trading data.

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Robinhood

2026-09-29 23:00:58

Robinhood rolls out AI agents, crypto perps and weekend stock trading to chase active traders

Robinhood used its HOOD Summit in Houston, Texas, to unveil a broader push aimed at active traders, adding several products that borrow heavily from crypto market structure. The brokerage said it will introduce AI agents inside its app, allowing customers to choose models from OpenAI or Anthropic, connect them to separate accounts, and use them to research markets, build watchlists and execute trades across stocks, options and crypto. A future feature called Loops will let users set standing instructions so an agent can monitor markets and act when preset conditions are met. The company is also moving deeper into leveraged crypto trading. Through Robinhood Derivatives and Bitstamp, eligible U.S. customers will be able to trade crypto perpetual futures, with up to 10x leverage on bitcoin and ether and 3x leverage at launch for other supported assets. Robinhood said it intentionally started with lower leverage on more volatile tokens. In parallel, the firm plans to close the remaining gap in its 24 Hour Market by offering weekend trading in select U.S. stocks and ETFs through Bruce ATS. It is also extending options trading hours, adding more intraday margin and launching earnings contracts through Cboe tied to metrics such as revenue, EPS and iPhone sales.

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Wintermute

2026-09-29 11:34:02

Wintermute says oil prices and Treasury yields are shaping October rate expectations and key BTC levels

Wintermute said risk assets kept rising last week even after the U.S. 10-year Treasury yield moved above 5%, a level not seen since 2007, with no clear flight-to-safety move showing up across markets. Crypto assets led the advance, with altcoins up about 5%, followed by BTC, while the Nasdaq also posted gains and long-dated U.S. Treasuries with maturities above 20 years were the weakest segment. In the firm’s view, oil prices are now the main variable for October rate-hike expectations. It said crude flows through the Strait of Hormuz remain well below pre-conflict levels, while Brent crude is trading near $103 a barrel. If oil stays around or above $100 a barrel, expectations for another October hike may remain elevated. The focus would then shift to whether risk assets can absorb another near-term rate increase while bonds remain under pressure. On crypto, Wintermute said BTC closed above its 50-week moving average for the first time last week. It identified $82,500 as the upper bound of the prior trading range and the key level to watch this week. Holding that level could support the earlier breakout, while a drop below it would put the validity of the move back under scrutiny. The report also noted rising BTC dominance, broad altcoin participation, and continued institutional positioning in low-delta year-end call options and call spreads.

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On-chain opti

2026-09-28 00:00:56

As Perp DEX Competition Heats Up, On-Chain Options Are Emerging as the Next Battleground

A PANews market analysis argues that as the perpetual futures DEX sector becomes increasingly crowded, on-chain options may be the next niche to gain meaningful traction. The piece draws a parallel to the early days of Perp DEXs, suggesting that options trading in DeFi now sits where platforms like Hyperliquid, Lighter, and dYdX once stood before wider market attention arrived. The article explains the mechanics of options through a $HYPE example. With spot at $94, the author describes buying a call option expiring on Oct. 2 with a $97.50 strike. The comparison with spot trading shows the trade-off clearly: options can provide asymmetric upside exposure with far less upfront capital, and unlike perpetuals, they do not get liquidated by a brief wick. But they come with an expiry date, and buyers can still lose 100% of the premium. The piece also highlights structural hurdles in the sector. It says on-chain options volumes are still only around 5.5% of Deribit’s, with Derive seen as the current category leader. At the same time, product design and liquidity remain major constraints, while projects including Dreaming and SkewTrade are pushing into the space.

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Policy Regula

2026-09-19 04:26:51

Nearly $96 million in short-dated call options hits chip stocks as SanDisk jumps more than 11% intraday

A wave of short-dated call buying worth about $96 million hit SanDisk, Micron, Intel and Marvell during Friday trading on Sept. 19, with all contracts set to expire on Oct. 2. SanDisk rose more than 11% at one point. Trading data showed roughly 10,000 call contracts in Micron, about 4,200 in SanDisk, around 20,000 in Intel and about 3,500 in Marvell. CNBC host Jim Cramer wrote on X that the trading pattern looked like 「Leopold is back」, referring to AI investor Leopold Aschenbrenner and his fund, Situational Awareness. Regulatory filings had previously shown the fund’s two largest positions were SanDisk and Micron, valued at about $5.7 billion and $5.6 billion at the end of June. Still, the buyer behind the latest options flow has not been disclosed in SEC filings, so the market cannot confirm whether Aschenbrenner was involved. The report also noted that, unlike his earlier use of total return swaps, the latest speculation centers on fully paid options, where the theoretical maximum loss is limited to the premium paid, though the short maturity leaves high time-decay and gamma risk.

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Robinhood

2026-09-11 08:57:00

Robinhood reports $17.5 billion in August crypto notional volume, up 61% month over month

Robinhood said its crypto notional trading volume reached $17.5 billion in August, marking a 61% increase from the previous month while falling 38% from a year earlier. The company broke out that figure into $7.4 billion from the Robinhood App and $10.1 billion from Bitstamp. The August operating update also showed total platform assets at $383.7 billion, up 8% month over month. Funded customers rose to 28.6 million, an increase of 120,000 from the prior month. Outside crypto, Robinhood reported equity trading volumes of $335.4 billion and options volume of 292.5 million contracts. The figures were disclosed in an official company announcement cited by PANews on Sept. 11. The release presented the data as operating information.

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Gate

2026-09-10 02:32:53

Gate reports 36.64% month-on-month rise in August options volume, launches U.S. stock options

Gate said official data showed its options business posted broad month-on-month growth in August. Total options trading volume rose 36.64% from the previous month, while retail trading volume increased 27.55%. Over the same period, premium trading volume climbed 192.83%. The platform also said its U.S. stock options product has officially gone live. In the first phase, it supports nine popular U.S. stock underlyings, including Nvidia, Tesla and Apple. The update combines operating data for August with a product rollout in Gate’s derivatives lineup. The figures and launch details were cited by ChainCatcher from official data. No additional breakdown of the August trading figures or the full list of the nine supported stocks was disclosed in the input.

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Grayscale

2026-09-08 14:03:56

Grayscale says Zcash spot ETF ZCSH is now available for options trading

Grayscale said on Sept. 8 that options trading is now open for ZCSH, the firm’s Zcash spot ETF. The update was published through Grayscale’s official channel and was cited by BlockBeats. According to the input, ZCSH is described as the world’s first Zcash spot ETF. No additional details were provided on where the options are listed, when trading began during the day, or what contract specifications are available. The source material also did not include volume data, pricing information, or comments beyond the announcement itself. As a result, the report is limited to the confirmed facts in the original item: Grayscale announced that ZCSH, its Zcash spot ETF, has opened options trading.

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