Marathon Trading Investment Management LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| ISHARES SILVER TR(Call) | 0 | 18,242,100 | +18,242,100 | 0 | 1,175,156,082 | +1,175,156,082 |
| ISHARES SILVER TR(Put) | 0 | 14,679,400 | +14,679,400 | 0 | 945,646,948 | +945,646,948 |
| NVIDIA CORPORATION(Put) | 0 | 799,700 | +799,700 | 0 | 149,144,050 | +149,144,050 |
| NVIDIA CORPORATION | 0 | 705,664 | +705,664 | 0 | 131,606,336 | +131,606,336 |
| ISHARES BITCOIN TRUST ETF(Put) | 0 | 1,686,100 | +1,686,100 | 0 | 83,714,865 | +83,714,865 |
| TESLA INC(Put) | 0 | 292,200 | +292,200 | 0 | 131,408,184 | +131,408,184 |
| APPLE INC | 0 | 246,481 | +246,481 | 0 | 67,008,325 | +67,008,325 |
| APPLE INC(Put) | 0 | 256,000 | +256,000 | 0 | 69,596,160 | +69,596,160 |
| SPDR GOLD TR(Call) | 0 | 322,500 | +322,500 | 0 | 127,809,975 | +127,809,975 |
| ALPHABET INC(Put) | 0 | 180,000 | +180,000 | 0 | 56,484,000 | +56,484,000 |
| ALPHABET INC | 0 | 179,600 | +179,600 | 0 | 56,358,480 | +56,358,480 |
| STRATEGY INC | 0 | 364,223 | +364,223 | 0 | 55,343,685 | +55,343,685 |
| SPDR S&P 500 ETF TR | 0 | 86,612 | +86,612 | 0 | 59,062,455 | +59,062,455 |
| TESLA INC | 0 | 108,518 | +108,518 | 0 | 48,802,715 | +48,802,715 |
| AMAZON COM INC | 0 | 255,481 | +255,481 | 0 | 58,970,125 | +58,970,125 |
| COINBASE GLOBAL INC(Put) | 0 | 160,200 | +160,200 | 0 | 36,227,628 | +36,227,628 |
| AMAZON COM INC(Put) | 0 | 251,400 | +251,400 | 0 | 58,028,148 | +58,028,148 |
| ISHARES BITCOIN TRUST ETF(Call) | 0 | 925,400 | +925,400 | 0 | 45,946,110 | +45,946,110 |
| COINBASE GLOBAL INC | 0 | 147,126 | +147,126 | 0 | 33,271,074 | +33,271,074 |
| MICROSOFT CORP | 0 | 62,058 | +62,058 | 0 | 30,012,490 | +30,012,490 |
| MICROSOFT CORP(Put) | 0 | 61,300 | +61,300 | 0 | 29,645,906 | +29,645,906 |
| SPDR S&P 500 ETF TR(Put) | 0 | 40,400 | +40,400 | 0 | 27,549,568 | +27,549,568 |
| PALANTIR TECHNOLOGIES INC | 0 | 156,987 | +156,987 | 0 | 27,904,440 | +27,904,440 |
| SPDR GOLD TR(Put) | 0 | 112,500 | +112,500 | 0 | 44,584,875 | +44,584,875 |
| PALANTIR TECHNOLOGIES INC(Put) | 0 | 206,500 | +206,500 | 0 | 36,705,375 | +36,705,375 |
| STRATEGY INC(Put) | 0 | 199,000 | +199,000 | 0 | 30,238,050 | +30,238,050 |
| META PLATFORMS INC(Put) | 0 | 31,000 | +31,000 | 0 | 20,462,790 | +20,462,790 |
| META PLATFORMS INC | 0 | 30,775 | +30,775 | 0 | 20,314,269 | +20,314,269 |
| META PLATFORMS INC(Call) | 0 | 31,700 | +31,700 | 0 | 20,924,853 | +20,924,853 |
| ALPHABET INC | 0 | 55,916 | +55,916 | 0 | 17,501,708 | +17,501,708 |
| ALPHABET INC(Put) | 0 | 60,100 | +60,100 | 0 | 18,811,300 | +18,811,300 |
| IREN LIMITED | 0 | 454,140 | +454,140 | 0 | 17,152,868 | +17,152,868 |
| TESLA INC(Call) | 0 | 281,100 | +281,100 | 0 | 126,416,292 | +126,416,292 |
| BLOOM ENERGY CORP | 0 | 145,350 | +145,350 | 0 | 12,629,462 | +12,629,462 |
| APPLE INC(Call) | 0 | 55,000 | +55,000 | 0 | 14,952,300 | +14,952,300 |
| WARNER BROS DISCOVERY INC(Call) | 0 | 420,900 | +420,900 | 0 | 12,130,338 | +12,130,338 |
| IREN LIMITED(Put) | 0 | 328,300 | +328,300 | 0 | 12,399,891 | +12,399,891 |
| GAMESTOP CORP NEW(Put) | 0 | 422,300 | +422,300 | 0 | 8,479,784 | +8,479,784 |
| ALPHABET INC(Call) | 0 | 25,000 | +25,000 | 0 | 7,845,000 | +7,845,000 |
| RIVIAN AUTOMOTIVE INC(Put) | 0 | 353,100 | +353,100 | 0 | 6,959,601 | +6,959,601 |
| WARNER BROS DISCOVERY INC | 0 | 506,839 | +506,839 | 0 | 14,607,100 | +14,607,100 |
| SHARPLINK GAMING INC | 0 | 771,150 | +771,150 | 0 | 6,894,081 | +6,894,081 |
| KENVUE INC(Put) | 0 | 300,100 | +300,100 | 0 | 5,176,725 | +5,176,725 |
| IREN LIMITED(Call) | 0 | 216,500 | +216,500 | 0 | 8,177,205 | +8,177,205 |
| VANECK ETF TRUST(Call) | 0 | 61,000 | +61,000 | 0 | 5,506,330 | +5,506,330 |
| WARNER BROS DISCOVERY INC(Put) | 0 | 281,200 | +281,200 | 0 | 8,104,184 | +8,104,184 |
| SUPER MICRO COMPUTER INC(Put) | 0 | 150,000 | +150,000 | 0 | 4,390,500 | +4,390,500 |
| MCEWEN INC. | 0 | 190,300 | +190,300 | 0 | 3,522,453 | +3,522,453 |
| PAYPAL HLDGS INC | 0 | 60,688 | +60,688 | 0 | 3,542,966 | +3,542,966 |
| KENVUE INC | 0 | 174,088 | +174,088 | 0 | 3,003,018 | +3,003,018 |
| PAYPAL HLDGS INC(Put) | 0 | 51,300 | +51,300 | 0 | 2,994,894 | +2,994,894 |
| APPLIED DIGITAL CORP | 0 | 100,000 | +100,000 | 0 | 2,452,000 | +2,452,000 |
| RIVIAN AUTOMOTIVE INC | 0 | 110,997 | +110,997 | 0 | 2,187,751 | +2,187,751 |
| SEALSQ CORP(Call) | 0 | 570,300 | +570,300 | 0 | 2,155,734 | +2,155,734 |
| COMPASS INC(Call) | 0 | 203,700 | +203,700 | 0 | 2,153,109 | +2,153,109 |
| STUBHUB HLDGS INC(Call) | 0 | 150,000 | +150,000 | 0 | 2,029,500 | +2,029,500 |
| STRATEGY INC(Call) | 0 | 83,500 | +83,500 | 0 | 12,687,825 | +12,687,825 |
| SPDR S&P 500 ETF TR(Call) | 0 | 11,600 | +11,600 | 0 | 7,910,272 | +7,910,272 |
| BEYOND MEAT INC | 0 | 2,283,940 | +2,283,940 | 0 | 1,872,831 | +1,872,831 |
| PDD HOLDINGS INC | 0 | 62,986 | +62,986 | 0 | 7,141,982 | +7,141,982 |
| MARA HOLDINGS INC | 0 | 216,866 | +216,866 | 0 | 1,947,457 | +1,947,457 |
| ALIBABA GROUP HLDG LTD(Put) | 0 | 95,000 | +95,000 | 0 | 13,925,100 | +13,925,100 |
| NEBIUS GROUP N.V. | 0 | 23,876 | +23,876 | 0 | 1,998,540 | +1,998,540 |
| JD.COM INC | 0 | 605,197 | +605,197 | 0 | 17,369,154 | +17,369,154 |
| OPENDOOR TECHNOLOGIES INC | 0 | 373,800 | +373,800 | 0 | 2,179,254 | +2,179,254 |
| JD.COM INC(Put) | 0 | 884,800 | +884,800 | 0 | 25,393,760 | +25,393,760 |
| HIMS & HERS HEALTH INC(Put) | 0 | 75,000 | +75,000 | 0 | 2,435,250 | +2,435,250 |
| DECKERS OUTDOOR CORP | 0 | 14,984 | +14,984 | 0 | 1,553,391 | +1,553,391 |
| CENTENE CORP DEL | 0 | 37,480 | +37,480 | 0 | 1,542,302 | +1,542,302 |
| SENTINELONE INC | 0 | 100,800 | +100,800 | 0 | 1,512,000 | +1,512,000 |
| MOLINA HEALTHCARE INC | 0 | 8,705 | +8,705 | 0 | 1,510,666 | +1,510,666 |
| CARVANA CO | 0 | 3,500 | +3,500 | 0 | 1,477,070 | +1,477,070 |
| PDD HOLDINGS INC(Put) | 0 | 173,000 | +173,000 | 0 | 19,616,470 | +19,616,470 |
| CONSTELLATION BRANDS INC | 0 | 10,442 | +10,442 | 0 | 1,440,578 | +1,440,578 |
| GARTNER INC | 0 | 5,695 | +5,695 | 0 | 1,436,735 | +1,436,735 |
| THE TRADE DESK INC | 0 | 37,622 | +37,622 | 0 | 1,428,131 | +1,428,131 |
| DOW INC | 0 | 61,034 | +61,034 | 0 | 1,426,975 | +1,426,975 |
| FACTSET RESH SYS INC | 0 | 4,911 | +4,911 | 0 | 1,425,123 | +1,425,123 |
| WOLFSPEED INC | 0 | 81,434 | +81,434 | 0 | 1,417,766 | +1,417,766 |
| LYONDELLBASELL INDUSTRIES N | 0 | 32,614 | +32,614 | 0 | 1,412,186 | +1,412,186 |
| CHARTER COMMUNICATIONS INC N | 0 | 6,714 | +6,714 | 0 | 1,401,548 | +1,401,548 |
| BAXTER INTL INC | 0 | 72,619 | +72,619 | 0 | 1,387,749 | +1,387,749 |
| GODADDY INC | 0 | 11,116 | +11,116 | 0 | 1,379,273 | +1,379,273 |
| CONAGRA BRANDS INC | 0 | 78,986 | +78,986 | 0 | 1,367,248 | +1,367,248 |
| BROADCOM INC | 0 | 6,963 | +6,963 | 0 | 2,409,894 | +2,409,894 |
| ALEXANDRIA REAL ESTATE EQ IN | 0 | 27,433 | +27,433 | 0 | 1,342,571 | +1,342,571 |
| ENPHASE ENERGY INC | 0 | 41,887 | +41,887 | 0 | 1,342,478 | +1,342,478 |
| NUSCALE PWR CORP | 0 | 92,095 | +92,095 | 0 | 1,304,986 | +1,304,986 |
| BLOOM ENERGY CORP(Put) | 0 | 15,000 | +15,000 | 0 | 1,303,350 | +1,303,350 |
| THE CAMPBELLS COMPANY | 0 | 45,722 | +45,722 | 0 | 1,274,272 | +1,274,272 |
| BANK AMERICA CORP(Put) | 0 | 360,200 | +360,200 | 0 | 19,811,000 | +19,811,000 |
| SUPER MICRO COMPUTER INC(Call) | 0 | 40,000 | +40,000 | 0 | 1,170,800 | +1,170,800 |
| LENNAR CORP | 0 | 11,000 | +11,000 | 0 | 1,130,800 | +1,130,800 |
| CLOROX CO DEL | 0 | 10,663 | +10,663 | 0 | 1,075,150 | +1,075,150 |
| NIO INC | 0 | 199,321 | +199,321 | 0 | 1,016,537 | +1,016,537 |
| MODERNA INC | 0 | 34,277 | +34,277 | 0 | 1,010,829 | +1,010,829 |
| ZEBRA TECHNOLOGIES CORPORATI | 0 | 4,099 | +4,099 | 0 | 995,319 | +995,319 |
| SAP SE | 0 | 4,000 | +4,000 | 0 | 971,640 | +971,640 |
| ORACLE CORP | 0 | 7,777 | +7,777 | 0 | 1,515,815 | +1,515,815 |
| ISHARES ETHEREUM TR(Put) | 0 | 93,000 | +93,000 | 0 | 2,085,990 | +2,085,990 |