CITADEL ADVISORS LLC quarter change: USA Options, Sold out
In put and call options, at their filed underlying value (listed in the US), from the quarter ended 2025-12-31 to 2026-03-31, CITADEL ADVISORS LLC opened 961 positions, added to 2,603, reduced 2,824, sold out of 754 and left 19 unchanged. The largest increase in value was SPY (+$4,441,962,988); the largest decrease was TSLA (-$6,131,236,722).
- DIREXION SHS ETF TR: Country of operation United States; Class DAILY REAL EST B · Call; Shares 2025-12-31 81,900; Shares 2026-03-31 0.
- HOMB: Country of operation United States; Class COM · Call; Shares 2025-12-31 25,000; Shares 2026-03-31 0.
- ISHARES U S ETF TR: Country of operation —; Class U.S. TECH INDEPD · Call; Shares 2025-12-31 6,800; Shares 2026-03-31 0.
- AVADEL PHARMACEUTICALS PLC: Country of operation —; Class COM SHS · Call; Shares 2025-12-31 31,900; Shares 2026-03-31 0.
Two Form 13F-HR filings compared (SEC CIK 1423053): 2025-12-31 (filed 2026-02-17) and 2026-03-31 (filed 2026-05-15). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.
| Stock | Country of operation | Class | Shares 2025-12-31 | Shares 2026-03-31 | Share change | Value 2025-12-31 | Value 2026-03-31 | Value change |
|---|---|---|---|---|---|---|---|---|
| DIREXION SHS ETF TR CUSIP 25459W755 | United States | DAILY REAL EST B · Call | 81,900 | 0 | -81,900 | $697,788 | $0 | -$697,788 |
| HOMB HOME BANCSHARES INC | United States | COM · Call | 25,000 | 0 | -25,000 | $694,500 | $0 | -$694,500 |
| ISHARES U S ETF TR CUSIP 46431W648 | — | U.S. TECH INDEPD · Call | 6,800 | 0 | -6,800 | $690,812 | $0 | -$690,812 |
| AVADEL PHARMACEUTICALS PLC CUSIP G29687103 | — | COM SHS · Call | 31,900 | 0 | -31,900 | $687,445 | $0 | -$687,445 |
| CCSI CONSENSUS CLOUD SOLUTIONS IN | United States | COM · Call | 31,400 | 0 | -31,400 | $685,148 | $0 | -$685,148 |
| DIMENSIONAL ETF TRUST CUSIP 25434V666 | — | US LARGE CAP VAL · Put | 20,000 | 0 | -20,000 | $684,200 | $0 | -$684,200 |
| KAI KADANT INC | United States | COM · Put | 2,400 | 0 | -2,400 | $684,048 | $0 | -$684,048 |
| EYPT EYEPOINT INC | United States | COM NEW · Put | 37,300 | 0 | -37,300 | $681,471 | $0 | -$681,471 |
| TIDAL TRUST II CUSIP 88636R230 | — | DEFIANCE DAILY · Put | 31,400 | 0 | -31,400 | $681,380 | $0 | -$681,380 |
| JANUS DETROIT STR TR CUSIP 47103U753 | United States | B-BBB CLO ETF · Call | 14,200 | 0 | -14,200 | $677,340 | $0 | -$677,340 |
| CXM SPRINKLR INC | United States | CL A · Put | 87,000 | 0 | -87,000 | $676,860 | $0 | -$676,860 |
| INFU INFUSYSTEM HLDGS INC | United States | COM · Call | 74,900 | 0 | -74,900 | $671,853 | $0 | -$671,853 |
| OLYMPIC STEEL INC CUSIP 68162K106 | United States | COM · Call | 15,500 | 0 | -15,500 | $663,168 | $0 | -$663,168 |
| DIREXION SHS ETF TR CUSIP 25459Y165 | — | DLY S&P500 2XS · Call | 3,600 | 0 | -3,600 | $662,760 | $0 | -$662,760 |
| LGND LIGAND PHARMACEUTICALS INC | United States | COM NEW · Put | 3,500 | 0 | -3,500 | $661,745 | $0 | -$661,745 |
| BANK MONTREAL MEDIUM CUSIP 06368B504 | — | NT LKD 38 · Call | 9,700 | 0 | -9,700 | $660,085 | $0 | -$660,085 |
| PICK ISHARES INC | United States | MSCI GBL ETF NEW · Put | 12,800 | 0 | -12,800 | $657,152 | $0 | -$657,152 |
| VTIP VANGUARD MALVERN FDS | United States | STRM INFPROIDX · Call | 13,200 | 0 | -13,200 | $652,872 | $0 | -$652,872 |
| RDVT RED VIOLET INC | United States | COM · Call | 11,300 | 0 | -11,300 | $643,535 | $0 | -$643,535 |
| QIAGEN NV CUSIP N72482206 | — | COM SHS · Call | 14,200 | 0 | -14,200 | $638,574 | $0 | -$638,574 |
| FORWARD INDS INC N Y CUSIP 349862409 | United States | COM NEW · Call | 95,700 | 0 | -95,700 | $632,577 | $0 | -$632,577 |
| DIREXION SHS ETF TR CUSIP 25460G328 | — | DLY S&P OIL GAS · Put | 69,700 | 0 | -69,700 | $630,088 | $0 | -$630,088 |
| ISHARES U S ETF TR CUSIP 46431W853 | United States | GSCI CMDTY STGY · Call | 25,200 | 0 | -25,200 | $627,344 | $0 | -$627,344 |
| CGDV CAPITAL GROUP DIVIDEND VALUE | United States | SHS CREATION UNI · Put | 14,300 | 0 | -14,300 | $624,052 | $0 | -$624,052 |
| RNR RENAISSANCERE HLDGS LTD | Bermuda | COM · Put | 2,200 | 0 | -2,200 | $618,552 | $0 | -$618,552 |
| INVESTMENT MANAGERS SER TR I CUSIP 46152A718 | — | TRADR 2X LONG · Put | 12,480 | 0 | -12,480 | $617,760 | $0 | -$617,760 |
| WILLOW LANE ACQUISITION CORP CUSIP G9675P102 | — | ORD SHS CL A · Put | 48,600 | 0 | -48,600 | $614,304 | $0 | -$614,304 |
| EBC EASTERN BANKSHARES INC | United States | COM · Call | 33,100 | 0 | -33,100 | $610,033 | $0 | -$610,033 |
| AIV APARTMENT INVT & MGMT CO | United States | CL A · Call | 102,500 | 0 | -102,500 | $608,850 | $0 | -$608,850 |
| TIDAL TRUST II CUSIP 88636R131 | — | DEFIANCE DAILY · Call | 49,600 | 0 | -49,600 | $602,640 | $0 | -$602,640 |
| DCOM DIME CMNTY BANCSHARES INC | United States | COM · Call | 19,500 | 0 | -19,500 | $586,755 | $0 | -$586,755 |
| UONE URBAN ONE INC | United States | CL A · Call | 567,200 | 0 | -567,200 | $584,216 | $0 | -$584,216 |
| LBRDA LIBERTY BROADBAND CORP | United States | COM SER A · Call | 12,100 | 0 | -12,100 | $584,188 | $0 | -$584,188 |
| DIREXION SHS ETF TR CUSIP 25490K281 | — | DLY EMG MK BL 3X · Put | 10,700 | 0 | -10,700 | $583,792 | $0 | -$583,792 |
| NFBK NORTHFIELD BANCORP INC DEL | United States | COM · Put | 51,000 | 0 | -51,000 | $582,930 | $0 | -$582,930 |
| NVCT NUVECTIS PHARMA INC | United States | COM · Call | 77,000 | 0 | -77,000 | $581,350 | $0 | -$581,350 |
| VANECK ETF TRUST CUSIP 92189F692 | — | PHARMACEUTCL ETF · Put | 5,600 | 0 | -5,600 | $577,752 | $0 | -$577,752 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D475 | — | TRADR 2X LONG · Put | 56,800 | 0 | -56,800 | $574,816 | $0 | -$574,816 |
| MCY MERCURY GENL CORP NEW | United States | COM · Put | 6,100 | 0 | -6,100 | $573,766 | $0 | -$573,766 |
| MAGN MAGNERA CORP | United States | COM SHS · Call | 37,600 | 0 | -37,600 | $569,264 | $0 | -$569,264 |
| GEOS GEOSPACE TECHNOLOGIES CORP | United States | COM · Put | 33,500 | 0 | -33,500 | $566,485 | $0 | -$566,485 |
| RVLV REVOLVE GROUP INC | United States | CL A · Call | 18,700 | 0 | -18,700 | $564,553 | $0 | -$564,553 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D475 | — | TRADR 2X LONG · Call | 55,700 | 0 | -55,700 | $563,684 | $0 | -$563,684 |
| TRUP TRUPANION INC | United States | COM · Call | 15,000 | 0 | -15,000 | $560,550 | $0 | -$560,550 |
| TREEHOUSE FOODS INC CUSIP 89469A104 | United States | COM · Call | 23,700 | 0 | -23,700 | $559,083 | $0 | -$559,083 |
| BSY BENTLEY SYS INC | United States | COM CL B · Put | 14,500 | 0 | -14,500 | $553,393 | $0 | -$553,393 |
| CXM SPRINKLR INC | United States | CL A · Call | 70,400 | 0 | -70,400 | $547,712 | $0 | -$547,712 |
| UMH UMH PPTYS INC | United States | COM · Call | 34,200 | 0 | -34,200 | $544,122 | $0 | -$544,122 |
| PNFP PINNACLE FINL PARTNERS INC | United States | COM · Put | 5,700 | 0 | -5,700 | $543,837 | $0 | -$543,837 |
| CDNA CAREDX INC | United States | COM · Call | 28,600 | 0 | -28,600 | $538,824 | $0 | -$538,824 |
| EB EVENTBRITE INC | United States | COM CL A · Call | 120,400 | 0 | -120,400 | $535,780 | $0 | -$535,780 |
| LBRDK LIBERTY BROADBAND CORP | United States | COM SER C · Put | 11,000 | 0 | -11,000 | $534,600 | $0 | -$534,600 |
| ISHARES U S ETF TR CUSIP 46431W853 | United States | GSCI CMDTY STGY · Put | 21,400 | 0 | -21,400 | $532,744 | $0 | -$532,744 |
| IGSB ISHARES TR | United States | ISHS 1-5YR INVS · Call | 10,000 | 0 | -10,000 | $528,800 | $0 | -$528,800 |
| FLJP FRANKLIN TEMPLETON ETF TR | United States | FTSE JAPAN ETF · Put | 15,300 | 0 | -15,300 | $527,085 | $0 | -$527,085 |
| DIREXION SHS ETF TR CUSIP 25460G708 | — | BRZ BL 2X SHS · Put | 6,600 | 0 | -6,600 | $526,284 | $0 | -$526,284 |
| BITWISE FUNDS TRUST CUSIP 09175C103 | — | CRYPTO INDUSTRY · Put | 26,300 | 0 | -26,300 | $524,159 | $0 | -$524,159 |
| DIREXION SHS ETF TR CUSIP 25460E869 | — | DLY S&P500 BR 1X · Put | 55,500 | 0 | -55,500 | $523,365 | $0 | -$523,365 |
| TXNM TXNM ENERGY INC | United States | COM · Call | 8,800 | 0 | -8,800 | $518,144 | $0 | -$518,144 |
| INVESCO EXCH TRADED FD TR II CUSIP 46138E545 | — | MSCI GBL TIMBR · Call | 17,800 | 0 | -17,800 | $517,318 | $0 | -$517,318 |
| RAPP RAPPORT THERAPEUTICS INC | United States | COM · Put | 16,900 | 0 | -16,900 | $512,746 | $0 | -$512,746 |
| SLP SIMULATIONS PLUS INC | United States | COM · Call | 27,800 | 0 | -27,800 | $506,794 | $0 | -$506,794 |
| DAY DAYFORCE INC | United States | COM · Call | 7,300 | 0 | -7,300 | $504,868 | $0 | -$504,868 |
| FIDELITY COVINGTON TRUST CUSIP 316092196 | — | CRYPTO IND & DIG · Call | 13,100 | 0 | -13,100 | $504,702 | $0 | -$504,702 |
| PCRX PACIRA BIOSCIENCES INC | United States | COM · Call | 19,400 | 0 | -19,400 | $502,072 | $0 | -$502,072 |
| NMRK NEWMARK GROUP INC | United States | CL A · Call | 28,800 | 0 | -28,800 | $499,392 | $0 | -$499,392 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D715 | — | TRADR 2X LONG · Call | 32,700 | 0 | -32,700 | $498,185 | $0 | -$498,185 |
| ORC ORCHID IS CAP INC | United States | COM NEW · Call | 69,100 | 0 | -69,100 | $497,520 | $0 | -$497,520 |
| CARS CARS COM INC | United States | COM · Put | 40,700 | 0 | -40,700 | $496,540 | $0 | -$496,540 |
| PROSHARES TR CUSIP 74347G176 | — | ULTRASHORT ENERG · Call | 15,200 | 0 | -15,200 | $494,152 | $0 | -$494,152 |
| OMCL OMNICELL COM | United States | COM · Call | 10,900 | 0 | -10,900 | $493,770 | $0 | -$493,770 |
| LYEL LYELL IMMUNOPHARMA INC | United States | COM NEW · Put | 16,000 | 0 | -16,000 | $492,480 | $0 | -$492,480 |
| CNA CNA FINL CORP | United States | COM · Put | 10,300 | 0 | -10,300 | $491,722 | $0 | -$491,722 |
| INSE INSPIRED ENTMT INC | United States | COM · Call | 52,400 | 0 | -52,400 | $490,464 | $0 | -$490,464 |
| ROUNDHILL ETF TRUST CUSIP 77926X585 | — | WEEKLYPAY UNIVRS · Put | 11,700 | 0 | -11,700 | $489,762 | $0 | -$489,762 |
| PROSHARES TR CUSIP 74348A210 | — | SHRT RUSSELL2000 · Call | 29,800 | 0 | -29,800 | $487,826 | $0 | -$487,826 |
| RLGT RADIANT LOGISTICS INC | United States | COM · Call | 76,900 | 0 | -76,900 | $486,777 | $0 | -$486,777 |
| WBI WATERBRIDGE INFRASTRUCTURE L | United States | CL A SHS REPSTG · Call | 24,200 | 0 | -24,200 | $484,242 | $0 | -$484,242 |
| EGAN EGAIN CORP | United States | COM NEW · Put | 46,900 | 0 | -46,900 | $482,601 | $0 | -$482,601 |
| TECX TECTONIC THERAPEUTIC INC | United States | COM · Put | 22,900 | 0 | -22,900 | $477,694 | $0 | -$477,694 |
| MMSI MERIT MED SYS INC | United States | COM · Call | 5,400 | 0 | -5,400 | $475,956 | $0 | -$475,956 |
| SBH SALLY BEAUTY HLDGS INC | United States | COM · Call | 33,100 | 0 | -33,100 | $472,006 | $0 | -$472,006 |
| AXTA AXALTA COATING SYS LTD | United States | COM · Put | 14,600 | 0 | -14,600 | $471,726 | $0 | -$471,726 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D566 | — | TRADR 2X LONG · Call | 30,900 | 0 | -30,900 | $465,045 | $0 | -$465,045 |
| TIDAL TRUST II CUSIP 88636R404 | — | YIELDMAX HOOD OP · Put | 9,800 | 0 | -9,800 | $464,814 | $0 | -$464,814 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N538 | — | REX AI EQUITY PR · Put | 11,600 | 0 | -11,600 | $464,580 | $0 | -$464,580 |
| SPLV INVESCO EXCH TRADED FD TR II | United States | S&P500 LOW VOL · Put | 6,500 | 0 | -6,500 | $464,230 | $0 | -$464,230 |
| DLB DOLBY LABORATORIES INC | United States | COM CL A · Call | 7,200 | 0 | -7,200 | $462,384 | $0 | -$462,384 |
| GRANITESHARES ETF TR CUSIP 38747R694 | — | 2X LONG UBER · Put | 21,700 | 0 | -21,700 | $460,446 | $0 | -$460,446 |
| HLLY HOLLEY INC | United States | COM · Call | 111,300 | 0 | -111,300 | $459,669 | $0 | -$459,669 |
| DIREXION SHS ETF TR CUSIP 25459W730 | United States | DLY MIDCAP ETF3X · Call | 9,000 | 0 | -9,000 | $456,840 | $0 | -$456,840 |
| VRDN VIRIDIAN THERAPEUTICS INC | United States | COM · Call | 14,600 | 0 | -14,600 | $454,352 | $0 | -$454,352 |
| NOA NORTH AMERN CONSTR GROUP LTD | Canada | COM · Call | 31,600 | 0 | -31,600 | $454,092 | $0 | -$454,092 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N835 | — | T REX 2X LONG · Put | 16,900 | 0 | -16,900 | $451,399 | $0 | -$451,399 |
| NHI NATIONAL HEALTH INVS INC | United States | COM · Put | 5,900 | 0 | -5,900 | $450,583 | $0 | -$450,583 |
| FDUS FIDUS INVT CORP | United States | COM · Call | 23,300 | 0 | -23,300 | $449,690 | $0 | -$449,690 |
| TIDAL TRUST II CUSIP 88636V405 | — | DEFIANCE 2X DAIL · Put | 27,800 | 0 | -27,800 | $446,468 | $0 | -$446,468 |
| PROSHARES TR CUSIP 74347R404 | — | PSHS ULT MCAP400 · Call | 6,400 | 0 | -6,400 | $446,080 | $0 | -$446,080 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D566 | — | TRADR 2X LONG · Put | 29,500 | 0 | -29,500 | $443,975 | $0 | -$443,975 |
| ICL ICL GROUP LTD | Israel | SHS · Call | 76,800 | 0 | -76,800 | $438,528 | $0 | -$438,528 |