Whales with a lot of money to spend have taken a noticeably bullish stance on Reddit.
Looking at options history for Reddit RDDT we detected 121 trades.
If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 35% with bearish.
From the overall spotted trades, 47 are puts, for a total amount of $6,462,581 and 74, calls, for a total amount of $6,260,301.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $95.0 to $320.0 for Reddit during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Reddit's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Reddit's whale trades within a strike price range from $95.0 to $320.0 in the last 30 days.
Reddit Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RDDT | CALL | SWEEP | BEARISH | 03/21/25 | $39.05 | $38.3 | $38.3 | $200.00 | $765.9K | 1.7K | 74 |
| RDDT | CALL | SWEEP | BULLISH | 11/21/25 | $61.35 | $60.05 | $62.35 | $220.00 | $479.2K | 132 | 84 |
| RDDT | CALL | SWEEP | BEARISH | 01/16/26 | $48.6 | $46.9 | $46.73 | $270.00 | $336.8K | 528 | 77 |
| RDDT | CALL | SWEEP | BEARISH | 08/15/25 | $27.0 | $26.5 | $26.5 | $300.00 | $294.5K | 70 | 113 |
| RDDT | CALL | TRADE | NEUTRAL | 01/15/27 | $122.0 | $121.05 | $121.5 | $140.00 | $243.0K | 94 | 20 |
About Reddit
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.
After a thorough review of the options trading surrounding Reddit, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Reddit's Current Market Status
- With a volume of 3,584,403, the price of RDDT is down -0.14% at $224.91.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 2 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Reddit, Benzinga Pro gives you real-time options trades alerts.
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