Alphadyne Asset Management LP

CIK 1535943 · latest 13F filed 14 August 2026 · Read the filing on EDGAR

Alphadyne Asset Management LP reported 204 US-listed holdings worth $2.21 billion in its 13F for the quarter ended 30 June 2026, filed 14 August 2026. Its largest: SPDR S&P 500 (57.3%), Invesco QQQ Trust (18.1%) and iShares Russell 2000 ETF (4.0%). Against the quarter before, it opened 99 positions, added to 38, trimmed 67 and sold out of 146.

Reported holdings$2.21B+189.2% on Q1 2026

Positions204-47 on Q1 2026

The largest ten87.6%of its reported holdings

Latest 13FQ2 2026filed 14 August 2026

Where the money is

OpenedAdded toTrimmed

The 14 largest of its 204 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.

Reported holdings, quarter by quarter

What the fund reported holding at each quarter's end; hover a bar for the number of positions

What it did on the quarter

Opened 99Added 38Trimmed 67Sold out 146

Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held

Opened 99

SPDR S&P 500 SPY$1.27 billion
Invesco QQQ Trust QQQ$400.7 million
iShares Russell 2000 ETF IWM$88.5 million
Broadcom Inc. AVGO$9.8 million
ExxonMobil Holdings Corp. XOM$7.8 million
Space Exploration Techn Corp. Class A Com STK SPCX$6.2 million
LyondellBasell Industries N.V. LYB$4.9 million
Halliburton Co. HAL$4.6 million

and 91 more in the table below

Added to 38

Micron Technology Inc. MU+34,932 shares · +108%
Palo Alto Networks Inc. PANW+34,466 shares · +1777%
Alibaba Group Holding Limited BABA+116,861 shares · +169%
Autodesk, Inc. ADSK+37,768 shares · +15671%
Synopsys Inc. SNPS+11,746 shares · +149%
Costco Wholesale Corp. COST+5,317 shares · +562%
Intuitive Surgical Inc. ISRG+12,069 shares · +326%
Workday, Inc. WDAY+30,954 shares · +284%

and 30 more in the table below

Trimmed 67

Microsoft Corp. MSFT-109,322 shares · -59%
Dollar General Corp. DG-119,894 shares · -97%
Goldman Sachs Group Inc. GS-13,274 shares · -97%
CF Industries Holdings, Inc. CF-106,853 shares · -58%
Ulta Beauty, Inc. ULTA-20,891 shares · -92%
Boeing Co. BA-38,643 shares · -94%
Adobe Inc. ADBE-40,752 shares · -50%
American Express Co. AXP-18,794 shares · -88%

and 59 more in the table below

Sold out of 146

Alphabet Inc. GOOGL$15.7 million last quarter
Amazon.com Inc. AMZN$14.8 million last quarter
United Parcel Service Inc. UPS$14.4 million last quarter
Texas Instruments Inc. TXN$13.0 million last quarter
Apple Inc. AAPL$12.8 million last quarter
Microchip Technology Inc. MCHP$11.2 million last quarter
RTX Corp. RTX$11.1 million last quarter
Dollar Tree, Inc. DLTR$10.8 million last quarter

What it holds

Company	Shares	Value	Of its book	Change in shares
SPDR S&P 500 SPY	1,695,591	$1.27 billion	57.27%	new
Invesco QQQ Trust QQQ	544,110	$400.7 million	18.12%	new
iShares Russell 2000 ETF IWM	294,461	$88.5 million	4.00%	new
Micron Technology Inc. MU	67,132	$77.5 million	3.50%	+34,932
Microsoft Corp. MSFT	75,850	$28.3 million	1.28%	-109,322
Taiwan Semiconductor Manufacturing Company Limited TSM	48,719	$23.3 million	1.05%	-3,281
Alibaba Group Holding Limited BABA	185,942	$17.8 million	0.81%	+116,861
Palo Alto Networks Inc. PANW	36,406	$12.4 million	0.56%	+34,466
Meta Platforms, Inc. META	20,844	$11.7 million	0.53%	-5,684
Broadcom Inc. AVGO	25,924	$9.8 million	0.44%	new
Synopsys Inc. SNPS	19,630	$8.8 million	0.40%	+11,746
CF Industries Holdings, Inc. CF	78,572	$8.5 million	0.38%	-106,853
Adobe Inc. ADBE	40,076	$8.2 million	0.37%	-40,752
Lockheed Martin Corp. LMT	15,545	$7.9 million	0.36%	+2,082
ExxonMobil Holdings Corp. XOM	56,815	$7.8 million	0.35%	new
Autodesk, Inc. ADSK	38,009	$7.4 million	0.33%	+37,768
Alcoa Corp. AA	132,532	$6.9 million	0.31%	+63,961
Nutrien Ltd. NTR	109,644	$6.9 million	0.31%	-10,159
Salesforce, Inc. CRM	42,302	$6.6 million	0.30%	-31,132
Intuitive Surgical Inc. ISRG	15,768	$6.3 million	0.28%	+12,069
Space Exploration Techn Corp. Class A Com STK SPCX	36,123	$6.2 million	0.28%	new
Walmart Inc. WMT	54,135	$6.1 million	0.28%	-1,317
Costco Wholesale Corp. COST	6,263	$5.9 million	0.26%	+5,317
iShares Trust ITB	52,346	$5.5 million	0.25%	+646
CME Group Inc. CME	24,065	$5.3 million	0.24%	-5,844
Workday, Inc. WDAY	41,870	$5.1 million	0.23%	+30,954
Marathon Petroleum Corp. MPC	19,705	$5.0 million	0.23%	-20,595
LyondellBasell Industries N.V. LYB	92,791	$4.9 million	0.22%	new
PBF Energy Inc. PBF	105,085	$4.8 million	0.22%	-4,915
Halliburton Co. HAL	136,791	$4.6 million	0.21%	new
Moody's Corp. MCO	10,125	$4.6 million	0.21%	+6,125
Diamondback Energy, Inc. FANG	24,980	$4.4 million	0.20%	new
Select Sector SPDR Trust XLE	76,132	$4.0 million	0.18%	new
Hubspot Inc. HUBS	22,062	$4.0 million	0.18%	+10,701
Dow Inc. DOW	143,350	$3.9 million	0.18%	new
EOG Resources Inc. EOG	28,219	$3.7 million	0.17%	new
Cloudflare Inc. NET	14,768	$3.6 million	0.16%	+10,828
CrowdStrike Holdings, Inc. CRWD	18,450	$3.5 million	0.16%	+119
Cadence Design Systems Inc. CDNS	8,912	$3.3 million	0.15%	-2,509
Suncor Energy Inc. SU	62,288	$3.3 million	0.15%	new
Cheniere Energy Inc. LNG	13,817	$3.3 million	0.15%	new
SAP SE SAP	21,307	$3.3 million	0.15%	-36,497
ServiceNow, Inc. NOW	32,341	$3.2 million	0.15%	-37,744
Valero Energy Corp. VLO	12,064	$3.1 million	0.14%	-2,476
Rio Tinto plc RIO	30,374	$2.9 million	0.13%	-9,626
Hershey Co. HSY	14,984	$2.6 million	0.12%	-4,360
Grupo Financiero Galicia S A GGAL	50,674	$2.5 million	0.11%	+626
Baker Hughes Co. BKR	45,099	$2.5 million	0.11%	new
Chevron Corp. CVX	14,145	$2.3 million	0.11%	new
Zeta Global Holdings Corp. ZETA	117,176	$2.3 million	0.10%	+103,504
Atlassian Corporation TEAM	29,588	$2.3 million	0.10%	-54,748
Occidental Petroleum Corp. OXY	44,801	$2.2 million	0.10%	new
TJX Companies Inc. TJX	14,129	$2.1 million	0.10%	new
EQT Corp. EQT	40,209	$2.1 million	0.10%	+38,390
EchoStar Corp. ECHO	21,041	$2.1 million	0.10%	+18,106
AT&T Inc. T	98,697	$2.0 million	0.09%	new
Deckers Outdoor Corp. DECK	20,205	$2.0 million	0.09%	+18,743
Oracle Corp. ORCL	13,497	$2.0 million	0.09%	new
Sumitomo Mitsui Financial Group, Inc. SMFG	82,753	$2.0 million	0.09%	new
Charter Communications, Inc. CHTR	13,655	$1.9 million	0.09%	+13,548
Kroger Co. KR	33,598	$1.9 million	0.08%	+14,894
Transocean Ltd RIG	346,628	$1.7 million	0.08%	new
Netflix Inc. NFLX	21,986	$1.6 million	0.07%	-2,164
Datadog, Inc. DDOG	5,730	$1.5 million	0.07%	new
ROSS Stores, Inc. ROST	6,648	$1.4 million	0.06%	new
Cava Group, Inc. CAVA	17,031	$1.3 million	0.06%	new
Elevance Health, Inc. ELV	3,439	$1.3 million	0.06%	new
Ares Management Corp. ARES	11,418	$1.3 million	0.06%	new
Shake Shack Inc. SHAK	20,954	$1.2 million	0.05%	+20,267
Automatic Data Processing Inc. ADP	4,854	$1.1 million	0.05%	new
Intercontinental Exchange, Inc. ICE	8,588	$1.1 million	0.05%	new
PepsiCo Inc. PEP	7,708	$1.0 million	0.05%	new
Vaneck ETF Trust GDX	13,139	$991,338	0.04%	+9,139
Albemarle Corp. ALB	7,185	$970,191	0.04%	+2,936
Mizuho Financial Group Inc. MFG	101,250	$969,975	0.04%	new
Phillips 66 PSX	5,642	$953,780	0.04%	new
Banco Macro SA BMA	10,226	$946,825	0.04%	+126
Applied Digital Corp. APLD	23,943	$893,074	0.04%	-22,141
Qualcomm Inc. QCOM	4,776	$882,557	0.04%	new
American Express Co. AXP	2,501	$845,963	0.04%	-18,794
Devon Energy Corp. DVN	20,325	$839,829	0.04%	new
T. Rowe Price Group, Inc. TROW	7,376	$838,577	0.04%	+4,039
United Rentals, Inc. URI	738	$836,073	0.04%	new
UiPath, Inc. PATH	74,463	$809,413	0.04%	+48,156
Ulta Beauty, Inc. ULTA	1,751	$789,666	0.04%	-20,891
Cameco Corp. CCJ	7,683	$782,590	0.04%	+7,064
Oscar Health Inc. Class A OSCR	26,856	$765,933	0.03%	new
Okta, Inc. OKTA	5,510	$751,840	0.03%	new
NextEra Energy Inc. NEE	8,438	$740,603	0.03%	new
Kinder Morgan, Inc. KMI	22,379	$715,457	0.03%	+5,455
Verizon Communications Inc. VZ	16,647	$704,834	0.03%	new
Century Aluminum Co. CENX	15,187	$698,754	0.03%	-4,813
Gilead Sciences, Inc. GILD	5,436	$686,784	0.03%	-39,672
DuPont de Nemours, Inc. DD	5,009	$679,421	0.03%	new
Medtronic plc MDT	8,111	$634,524	0.03%	-27,747
Snowflake Inc. SNOW	2,445	$622,253	0.03%	new
Bank of America Corp. BAC	10,897	$620,911	0.03%	-54,480
Citigroup Inc. C	4,435	$620,723	0.03%	-8,202
Trip.com Group Limited TCOM	14,550	$579,672	0.03%	new
Morgan Stanley MS	2,726	$569,843	0.03%	-15,420
Align Technology Inc. ALGN	3,369	$568,216	0.03%	-14,930
APA Corp. APA	17,132	$557,989	0.03%	new
Boeing Co. BA	2,412	$522,126	0.02%	-38,643
Ftai Aviation Ltd FTAI	1,877	$507,785	0.02%	-8,841
Mitsubishi UFJ Financial Group Inc. MUFG	25,312	$503,456	0.02%	new
Williams Companies, Inc. WMB	6,730	$500,308	0.02%	+5,828
Cboe Global Markets, Inc. CBOE	2,025	$491,407	0.02%	new
Metlife Inc. MET	5,714	$483,462	0.02%	+773
Goldman Sachs Group Inc. GS	478	$483,435	0.02%	-13,274
Gitlab Inc. GTLB	15,812	$482,740	0.02%	new
Constellation Brands, Inc. STZ	3,468	$482,364	0.02%	+2,984
Mondelez International, Inc. MDLZ	8,036	$464,802	0.02%	+3,386
Microstrategy Inc. MSTR	5,171	$449,515	0.02%	new
Pfizer Inc. PFE	18,508	$445,673	0.02%	new
Procter & Gamble Co. PG	2,990	$438,454	0.02%	-1,615
Antero Resources Corp. AR	12,276	$431,379	0.02%	+7,655
Ciena Corp. CIEN	855	$419,429	0.02%	new
Petróleo Brasileiro S.A. (Petrobras) PBR	25,312	$409,042	0.02%	+312
lululemon athletica Inc. LULU	3,290	$375,652	0.02%	-15,358
Dollar General Corp. DG	3,241	$373,072	0.02%	-119,894
International Business Machines Corp. IBM	1,301	$365,854	0.02%	-5,471
Palantir Technologies Inc. PLTR	3,103	$362,027	0.02%	-885
Etsy Inc. ETSY	4,659	$350,962	0.02%	new
Waste Management Inc. WM	1,550	$345,464	0.02%	new
T-Mobile US, Inc. TMUS	2,033	$340,995	0.02%	+1,160
Thermo Fisher Scientific Inc. TMO	672	$336,914	0.02%	-2,020
Agnico Eagle Mines Ltd AEM	2,169	$336,477	0.02%	new
Stubhub Hldgs Inc. STUB	25,000	$321,750	0.01%	new
General Electric Co. GE	851	$318,044	0.01%	new
Ally Financial Inc. ALLY	6,880	$316,136	0.01%	new
U.S. Bancorp USB	5,141	$310,516	0.01%	-41,247
Alphabet Inc. GOOG	812	$286,904	0.01%	-12,311
Bunge Global SA BG	2,567	$273,976	0.01%	new
Ionq Inc. Com IONQ	4,696	$250,109	0.01%	new
Constellation Energy Corp. CEG	1,005	$249,612	0.01%	new
D-Wave Quantum Inc. QBTS	10,390	$249,256	0.01%	new
Duke Energy Corp. DUK	1,943	$245,945	0.01%	-1,594
Carnival Corp. Ltd. CCL	8,319	$237,674	0.01%	new
Golar LNG Ltd GLNG	4,749	$236,690	0.01%	new
Carvana Co. CVNA	3,587	$236,096	0.01%	-538
Interactive Brokers Group, Inc. IBKR	2,582	$224,737	0.01%	new
Rubrik Inc. RBRK	2,774	$222,697	0.01%	new
Amphenol Corp. APH	1,239	$218,460	0.01%	-6,235
ONEOK Inc. OKE	2,446	$212,655	0.01%	new
NXP Semiconductors N.V. NXPI	737	$207,119	0.01%	-19,799
Pinterest, Inc. PINS	9,684	$203,655	0.01%	new
Dexcom Inc. DXCM	2,759	$185,819	0.01%	new
Five Below, Inc. FIVE	1,013	$182,127	0.01%	new
Pg&E Corp. PCG	9,763	$164,214	0.01%	-9,315
Navitas Semiconductor Corp NVTS	9,042	$162,033	0.01%	new
Lowe's Companies Inc. LOW	710	$156,548	0.01%	-4,993
Regions Financial Corp. RF	4,822	$145,624	0.01%	new
Vaneck ETF Trust OIH	384	$142,860	0.01%	new
Capital One Financial Corp. COF	687	$137,826	0.01%	new
Trane Technologies plc TT	278	$136,542	0.01%	-141
HP Inc. HPQ	6,059	$132,934	0.01%	new
General Motors Co. GM	1,667	$128,492	0.01%	-24,472
Northrop Grumman Corp. NOC	235	$119,688	0.01%	-8,686
Wheaton Precious Metals Corp. WPM	1,044	$117,262	0.01%	-3,120
Royal Gold Inc. RGLD	582	$116,173	0.01%	-11,228
Fastly Inc. A FSLY	6,043	$110,949	0.01%	new
Rivian Automotive Inc. RIVN	6,179	$107,206	0.00%	new
Webull Corp. BULL	15,640	$101,973	0.00%	new
KKR & Co. Inc. KKR	1,038	$95,268	0.00%	new
Coca-Cola Co. KO	1,068	$86,796	0.00%	-1,786
Spotify Technology S.A. SPOT	184	$84,480	0.00%	new
Iris Energy Ltd IREN	1,806	$82,588	0.00%	new
Wynn Resorts Ltd. WYNN	815	$79,128	0.00%	new
McKesson Corp. MCK	97	$73,293	0.00%	+63
Carmax Inc. KMX	1,359	$71,878	0.00%	new
Truist Financial Corp. TFC	1,380	$68,752	0.00%	-27,446
SLB Limited SLB	1,351	$62,808	0.00%	new
V F Corp. VFC	3,702	$61,749	0.00%	-133,919
Arista Networks, Inc. ANET	344	$58,439	0.00%	new
Sentinelone Inc. S	3,403	$57,749	0.00%	new
Joby Aviation Inc. JOBY	6,167	$55,010	0.00%	-13,059
Quantumscape Corp. QS	7,223	$54,606	0.00%	new
Fortinet, Inc. FTNT	355	$54,535	0.00%	new
Core Scientific Inc. New CORZ	2,072	$53,022	0.00%	new
Planet Labs PBC PL	1,513	$50,126	0.00%	new
Sharplink Gaming Inc. SBET	9,998	$47,990	0.00%	new
Stellantis N.V. STLA	7,970	$45,748	0.00%	-1,762
Newmont Corp. NEM	438	$40,909	0.00%	-43,122
Vertex Pharmaceuticals Inc. VRTX	73	$36,261	0.00%	-8,849
GameStop Corp. GME	1,588	$35,063	0.00%	new
Labcorp Holdings Inc. LH	114	$31,920	0.00%	new
Regeneron Pharmaceuticals, Inc. REGN	48	$29,930	0.00%	-706
STMicroelectronics N.V. STM	327	$24,489	0.00%	new
Cigna Group CI	87	$23,984	0.00%	new
ATI Inc. ATI	117	$23,061	0.00%	-4,059
Abercrombie & Fitch Co. ANF	191	$17,192	0.00%	-23,874
AerCap Holdings N.V. AER	113	$16,473	0.00%	new
Clorox Co. CLX	152	$14,507	0.00%	-1,881
Victoria's Secret & Co. VSXY	158	$13,190	0.00%	-3,658
Comfort Systems USA Inc. FIX	5	$9,910	0.00%	-20
M&T Bank Corp. MTB	38	$9,044	0.00%	-306
Robinhood Markets, Inc. HOOD	82	$8,223	0.00%	new
Hecla Mining Co. HL	456	$7,036	0.00%	new
Unity Software Inc. U	233	$6,659	0.00%	-31,350
Becton Dickinson & Co. BDX	33	$4,994	0.00%	new
Mara Holdings, Inc. MARA	184	$2,556	0.00%	-21,989
Emcor Group, Inc. EME	3	$2,490	0.00%	new
PulteGroup Inc. PHM	11	$1,509	0.00%	new
Skyworks Solutions, Inc. SWKS	7	$475	0.00%	new

Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported.

Change is shares against its 13F for the quarter before; the 146 it sold out of are in the box above.

Options it reported

Company	Option	Shares under the options	Value of those shares
Invesco QQQ Trust QQQ	Puts	1,264,000	$930.8 million
Invesco QQQ Trust QQQ	Calls	1,149,700	$846.6 million
Micron Technology Inc. MU	Calls	164,400	$189.8 million
Microsoft Corp. MSFT	Calls	475,000	$177.2 million
Sandisk Corp. SNDK	Calls	51,000	$116.0 million
iShares Russell 2000 ETF IWM	Calls	314,900	$94.6 million
Alphabet Inc. GOOGL	Puts	246,700	$88.2 million
Alphabet Inc. GOOG	Calls	236,300	$83.5 million
Alphabet Inc. GOOGL	Calls	230,300	$82.3 million
Apple Inc. AAPL	Puts	283,600	$82.1 million
SPDR S&P 500 SPY	Calls	107,800	$80.5 million
Broadcom Inc. AVGO	Calls	210,400	$79.5 million
Cisco Systems, Inc. CSCO	Calls	660,900	$77.6 million
Vaneck ETF Trust OIH	Calls	200,000	$74.4 million
Amazon.com Inc. AMZN	Puts	310,800	$74.1 million
Apple Inc. AAPL	Calls	247,300	$71.6 million
Amazon.com Inc. AMZN	Calls	293,900	$70.0 million
Johnson & Johnson JNJ	Puts	243,300	$61.8 million
Micron Technology Inc. MU	Puts	51,900	$59.9 million
iShares Inc. EWT	Calls	545,000	$59.2 million
Microsoft Corp. MSFT	Puts	152,600	$56.9 million
Costco Wholesale Corp. COST	Calls	59,700	$55.8 million
Vaneck ETF Trust SMH	Puts	84,500	$55.4 million
iShares Trust TLT	Puts	621,400	$53.7 million
NVIDIA Corp. NVDA	Calls	259,900	$52.0 million
Meta Platforms, Inc. META	Puts	90,900	$51.2 million
Meta Platforms, Inc. META	Calls	86,100	$48.5 million
Tesla, Inc. TSLA	Calls	115,200	$48.5 million
NVIDIA Corp. NVDA	Puts	234,400	$46.9 million
GE Vernova Inc. GEV	Puts	39,600	$46.5 million
Texas Instruments Inc. TXN	Puts	145,000	$43.2 million
Johnson & Johnson JNJ	Calls	169,600	$43.1 million
Tesla, Inc. TSLA	Puts	99,200	$41.7 million
Target Corp. TGT	Puts	310,600	$40.6 million
Applied Materials Inc. AMAT	Puts	55,700	$40.3 million
Merck & Co., Inc. MRK	Puts	307,000	$39.4 million
Merck & Co., Inc. MRK	Calls	306,100	$39.3 million
Morgan Stanley MS	Puts	174,500	$36.5 million
Walmart Inc. WMT	Calls	313,900	$35.6 million
Cloudflare Inc. NET	Calls	141,000	$34.6 million
iShares Trust TLT	Calls	396,400	$34.3 million
Vertiv Holdings Co. VRT	Puts	100,300	$33.6 million
Vaneck ETF Trust SMH	Calls	50,500	$33.1 million
Citigroup Inc. C	Puts	232,100	$32.5 million
CVS Health Corp. CVS	Puts	307,600	$31.8 million
Target Corp. TGT	Calls	238,600	$31.2 million
Costco Wholesale Corp. COST	Puts	32,400	$30.3 million
Citigroup Inc. C	Calls	213,200	$29.8 million
GE Vernova Inc. GEV	Calls	25,100	$29.5 million
Humana Inc. HUM	Puts	73,200	$29.1 million
Texas Instruments Inc. TXN	Calls	97,400	$29.0 million
Nucor Corp. NUE	Puts	128,600	$28.6 million
Intuitive Surgical Inc. ISRG	Calls	70,300	$28.0 million
Generac Holdings Inc. GNRC	Puts	93,900	$27.5 million
ExxonMobil Holdings Corp. XOM	Calls	199,600	$27.3 million
UnitedHealth Group Inc. UNH	Puts	64,400	$26.8 million
Talen Energy Corp. TLN	Puts	67,700	$26.0 million
Applied Materials Inc. AMAT	Calls	35,900	$26.0 million
Starbucks Corp. SBUX	Puts	249,500	$25.5 million
Morgan Stanley MS	Calls	120,800	$25.3 million
Uber Technologies, Inc. UBER	Puts	346,900	$25.0 million
Elevance Health, Inc. ELV	Puts	61,500	$23.8 million
Live Nation Entertainment, Inc. LYV	Puts	129,800	$23.8 million
CVS Health Corp. CVS	Calls	229,600	$23.8 million
Walmart Inc. WMT	Puts	209,700	$23.8 million
Seagate Technology Holdings plc STX	Puts	24,500	$23.6 million
Western Digital Corp. WDC	Puts	36,600	$23.4 million
Gilead Sciences, Inc. GILD	Calls	184,900	$23.4 million
Diamondback Energy, Inc. FANG	Puts	131,900	$23.2 million
Lockheed Martin Corp. LMT	Calls	45,000	$22.9 million
Sandisk Corp. SNDK	Puts	10,000	$22.7 million
Uber Technologies, Inc. UBER	Calls	307,600	$22.2 million
Linde plc LIN	Puts	42,600	$22.1 million
Nucor Corp. NUE	Calls	99,100	$22.1 million
Cisco Systems, Inc. CSCO	Puts	185,800	$21.8 million
Alibaba Group Holding Limited BABA	Puts	224,300	$21.5 million
Moderna, Inc. MRNA	Puts	307,400	$21.5 million
Amgen Inc. AMGN	Calls	59,000	$21.4 million
ROSS Stores, Inc. ROST	Puts	99,200	$21.1 million
Elevance Health, Inc. ELV	Calls	54,300	$21.0 million
Intuitive Surgical Inc. ISRG	Puts	52,400	$20.8 million
Diamondback Energy, Inc. FANG	Calls	117,800	$20.7 million
Riot Platforms Inc. RIOT	Puts	749,200	$20.5 million
Humana Inc. HUM	Calls	51,300	$20.4 million
Talen Energy Corp. TLN	Calls	52,200	$20.1 million
Caterpillar Inc. CAT	Puts	18,600	$19.8 million
Generac Holdings Inc. GNRC	Calls	66,900	$19.6 million
FedEx Corp. FDX	Puts	62,300	$19.5 million
Palo Alto Networks Inc. PANW	Calls	57,200	$19.5 million
Centene Corp. CNC	Puts	301,400	$19.3 million
Halliburton Co. HAL	Calls	566,500	$19.2 million
EOG Resources Inc. EOG	Puts	148,200	$19.2 million
Amgen Inc. AMGN	Puts	52,500	$19.0 million
Valero Energy Corp. VLO	Puts	72,900	$19.0 million
UnitedHealth Group Inc. UNH	Calls	45,600	$19.0 million
EOG Resources Inc. EOG	Calls	145,000	$18.8 million
Eli Lilly & Co. LLY	Puts	15,400	$18.5 million
Starbucks Corp. SBUX	Calls	179,500	$18.3 million
Vistra Corp. VST	Puts	114,000	$18.1 million
Air Products & Chemicals, Inc. APD	Calls	61,600	$18.1 million

The largest 100 of 653 option lines.

A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.