[August 6th US Stock Options Leaderboard]

$iShares Bitcoin Trust ETF(IBIT)$ leads today's Call trading list ($141 million), with two large transactions of 35 C each exceeding $68 million. If you believe Bitcoin still has upside potential, you could establish a September 60/70 bull spread.

$Palantir(PLTR)$ ranks second in the Call leaderboard (with a net amount of 8.88 million USD), but the directional bias is bearish: net selling reached 7.58 million USD, with a buy-sell ratio of 0.7:1. After the earnings report's positive results were realized, the bulls began to reduce their positions. It is advisable to use a 9 September 180/190 reverse ratio spread to play for a second increase at a low cost while limiting Gamma risk.

$Lulu Lemon(LULU($ All-day Put transactions totaled 103 million, with a net purchase of 3.73 million USD. If you're concerned about the subsequent performance of consumer stocks, you can establish a September 190/180 Bear Put spread to hedge against downside risk at a limited cost.

👇 Click on the poster to view the complete list, feel free to share your layout ideas! #OptionsFlow