call options

gold

2026-08-23 04:35:39

Barchart data shows GLD call option demand at a six-month high

Odaily reported, citing Barchart data, that demand for call options tied to the gold-backed GLD product has climbed to its highest level in six months. The brief update points to stronger upside positioning in options linked to GLD. No additional figures, pricing data, or trading-volume details were provided in the source note. The report also did not specify a time series beyond the six-month comparison, and it named Barchart as the source of the data.

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Goldman Sachs

2026-08-21 16:25:51

Goldman Sachs says surging gold call demand may increase price volatility

BlockBeats reported on August 22 that Goldman Sachs analysts said surging demand for gold call options may amplify sharp moves in gold prices. In a report, Lina Thomas and other analysts wrote that rising trading volume in gold call options is creating a price-amplifying mechanism that can work in both directions. Goldman still sees upside risk to its forecast that gold will reach $4,900 an ounce by the end of 2026, while warning that the rally may also face greater two-way volatility.

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Duan Yongping

2026-08-20 01:26:49

Duan Yongping discloses Micron options positions after put assignment led to 10,000-share purchase

Well-known investor Duan Yongping said on Aug. 20 in a post on Xueqiu that he was disclosing his positions tied to Micron Technology (MU), along with screenshots of recent trades. In the post, Duan described short-dated option buying as, in many cases, a form of betting, while option sellers may act more like insurance companies or operators of a casino, with the key lying in controlling the odds through rules. He added that selling put options depends on understanding the underlying business, which he framed as a matter of probability and edge. Duan also stressed that investors should not expect to win every trade and should stay away from anything they do not understand. The screenshots attached to the post showed several specific transactions: multiple MU $870 put options expiring in August that expired worthless; the sale on Aug. 11 of 100 MU $870 call contracts expiring on Aug. 26 at a price of $37.55, generating about $375,500 in premium income; and an assignment on Aug. 10 in which he bought 10,000 Micron shares at a cost of $870 per share, for a total of $8.7 million, after a put option was exercised.

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UBS

2026-08-16 08:47:05

UBS disclosed a sharp jump in IBIT call options holdings, but 13F limits cloud the picture

UBS Group’s latest 13F filing with the U.S. Securities and Exchange Commission showed a steep rise in its call option exposure to BlackRock’s iShares Bitcoin Trust (IBIT), with the position increasing from about 80,000 shares to 1.95 million shares in a single quarter. The filing also showed that UBS increased its direct IBIT holdings by 12% over the same period, while its put option position fell 53%. The report also stressed that 13F filings have clear limits and should not be read in isolation. These disclosures show purchased options but not written ones, do not clarify whether positions belong to the bank itself or to client accounts, and provide no detail on the purpose of the trades. A position could reflect hedging activity or market-making rather than a straightforward directional bet. On that basis, the report said investors should be careful when interpreting the filing and avoid drawing conclusions from incomplete data alone.

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UBS

2026-08-16 02:16:22

UBS boosted IBIT call exposure in Q2, but 13F filing does not show the purpose

UBS reported a sharp increase in call-option exposure tied to BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), in its latest 13F filing. As of June 30, the number of underlying shares represented by the bank’s IBIT calls rose from 80,000 in March to 1.95 million, a jump of about 2,338%, or roughly 24 times in one quarter. Over the same period, UBS’s non-option IBIT holdings increased 11.94% to 407,900 shares, while its put exposure fell from 303,300 shares to 143,300, a decline of 52.75%. The report said UBS’s total IBIT position was worth about $90 million, up roughly 230% in the first half of the year. The filing, however, does not reveal whether those positions were held for clients, market making, hedging, or the bank’s own directional view, making any straightforward bullish interpretation incomplete.

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Paul Tudor Jo

2026-08-16 02:16:28

Paul Tudor Jones added to IBIT in Q2 while cutting call exposure by 85%

Hedge fund manager Paul Tudor Jones increased his stake in BlackRock’s spot Bitcoin ETF in the second quarter after spending the past year selling, while sharply reducing his call option exposure on the same fund. According to CoinDesk, citing a 13F filing, Jones’ Tudor Investment raised its holdings in iShares Bitcoin Trust (IBIT) to 688,529 shares, worth about $22.9 million as of June 30. That marked an increase of 109,446 shares from the previous quarter, or 18.9%. At the same time, the firm cut its IBIT call position by 85.2%. The number of underlying shares tied to those calls fell from 998,000 in March to 148,000. The shift indicates a move away from using options to express a bullish view and toward holding the spot ETF directly. Even so, the position remained relatively small. The report said the stake was still 91.4% below its 2024 peak and accounted for about 0.03% of Tudor’s reported 13F securities. ABMedia also noted that Jones has long viewed Bitcoin as a hedge against inflation, and the latest portfolio adjustment was consistent with that stance.

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US stocks

2026-08-14 14:18:28

Institutions Add Call Options as Record U.S. Stocks Shift Focus to Fear of Missing Out

U.S. equity investors are shifting their main concern from downside risk to missing further gains as major indexes keep setting fresh highs. According to BlockBeats, the S&P 500 has climbed about 23% since late March, supported by strong corporate earnings, easing inflation pressure, and reduced bets on additional Federal Reserve rate hikes. That backdrop has led institutions to increase exposure to call options. Citadel Securities data showed that for at least 170 S&P 500 constituents, demand for call options has exceeded demand for options tied to market turbulence, with the gap reaching its widest level since at least 2016. Scott Rubner, head of equity and equity derivatives strategy at Citadel Securities, said the chase for upside is approaching historic highs. Interactive Brokers chief strategist Steve Sosnick described the trade as “fear of missing out insurance,” where investors avoid directly chasing stocks higher while still keeping upside exposure through calls. At the same time, implied volatility has continued to fall. The VIX has dropped to its lowest level since January, while the equal-weight VIX index hit its lowest since March 17. With downside protection becoming relatively cheaper, some institutions are pairing upside participation with tail-risk hedges.

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Alkeon Capita

2026-08-14 11:36:00

Alkeon Capital discloses roughly $49 million in GBTC call options

Regulatory filings show that hedge fund Alkeon Capital holds about 920,000 call options tied to the Grayscale Bitcoin Trust ETF, with the position valued at roughly $48.5 million to $49 million. The filing cuts sharply against claims circulating on social media that the firm had built a $23 billion Bitcoin ETF position. The exposure was set up through options rather than direct share ownership, making it a directional trade with capped risk rather than an outright spot-style allocation. According to CryptoBriefing, Alkeon’s broader equity portfolio ranges from $22 billion to $59 billion and is concentrated mainly in traditional technology names including TSMC, Alphabet, Meta and Nvidia. The size and structure of the GBTC-linked position fit a pattern seen among traditional hedge funds, which have tended to approach crypto exposure through spot Bitcoin ETFs with relatively measured allocations.

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