---
title: "Trending | RDDT Plummets 7% on Monday, Some Put options Soar 357%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296175516.md"
description: "On August 17, Eastern Time, Reddit options saw a total of 79507 contracts traded, with calls accounting for 61% and puts making up 38%."
datetime: "2026-08-18T04:18:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296175516.md)
  - [en](https://longbridge.com/en/news/296175516.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296175516.md)
generator: "portal-rs"
---

# Trending | RDDT Plummets 7% on Monday, Some Put options Soar 357%

On August 17, Eastern Time, Reddit options saw a total of 79507 contracts traded, with calls accounting for 61% and puts making up 38%.

Reddit has 537213 contracts outstanding, with calls accounting for 55% and puts making up 44%.

The top volume gainer was the 180 dollars Call option expiring on August 21, 2026, with 8042 contracts traded.

On the news front, RDDT dropped 7% on 37.8M volume, closing at $164.50. The decline fueled heavy options trading, with select puts jumping 357% as investors hedged or bet on further downside.

Please note: The chart below does not include options expiring within five days.

![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-08-18/ST_US_RDDT_en.png)

### Related Stocks

- [RDDT.US](https://longbridge.com/en/quote/RDDT.US.md)

## Related News & Research

- [Soybeans Face Monday Pressure with Bean Oil Losses](https://longbridge.com/en/news/296832466.md)
- [Bitcoin, Ethereum, XRP, Dogecoin Hold Ground on Low-Volatility Monday](https://longbridge.com/en/news/296821534.md)
- [Golf-PGA Tour overhauls post-season, moving to match play format in 2028](https://longbridge.com/en/news/296930417.md)
- [CBOT soybeans lower on falling crude oil, soyoil futures](https://longbridge.com/en/news/296819801.md)
- [Polymarket MIBR Option Jumps to 90% in VCT Americas Playoff Market](https://longbridge.com/en/news/296661510.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**