This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BEARISH | 02/02/24 | $635.00 | $52.6K | 3.1K | 24.1K |
AMD | PUT | TRADE | NEUTRAL | 02/02/24 | $160.00 | $28.3K | 10.0K | 15.9K |
AAPL | PUT | SWEEP | BEARISH | 04/19/24 | $180.00 | $83.6K | 18.4K | 10.3K |
SMCI | PUT | SWEEP | BEARISH | 02/02/24 | $600.00 | $931.0K | 33 | 6.1K |
MSFT | PUT | TRADE | NEUTRAL | 02/16/24 | $400.00 | $347.7K | 5.0K | 3.2K |
MARA | CALL | SWEEP | BEARISH | 03/15/24 | $20.00 | $118.5K | 12.0K | 1.6K |
AMAT | CALL | TRADE | BEARISH | 03/15/24 | $165.00 | $46.7K | 1.0K | 1.5K |
ARM | PUT | TRADE | BULLISH | 07/19/24 | $60.00 | $109.0K | 1.3K | 1.4K |
IBM | PUT | TRADE | BULLISH | 03/15/24 | $180.00 | $126.7K | 988 | 836 |
TSM | PUT | TRADE | NEUTRAL | 02/16/24 | $120.00 | $25.7K | 718 | 719 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on February 2, 2024. Parties traded 66 contract(s) at a $635.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $52.6K, with a price of $806.0 per contract. There were 3152 open contracts at this strike prior to today, and today 24196 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option trade with neutral sentiment. It expires in 3 day(s) on February 2, 2024. Parties traded 124 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $28.3K, with a price of $229.0 per contract. There were 10056 open contracts at this strike prior to today, and today 15902 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 80 day(s) on April 19, 2024. This event was a transfer of 226 contract(s) at a $180.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $83.6K, with a price of $370.0 per contract. There were 18414 open contracts at this strike prior to today, and today 10346 contract(s) were bought and sold.
• For SMCI SMCI, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on February 2, 2024. This event was a transfer of 100 contract(s) at a $600.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $931.0K, with a price of $9310.0 per contract. There were 33 open contracts at this strike prior to today, and today 6140 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option trade with neutral sentiment. It expires in 17 day(s) on February 16, 2024. Parties traded 443 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $347.7K, with a price of $785.0 per contract. There were 5038 open contracts at this strike prior to today, and today 3234 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 45 day(s) on March 15, 2024. Parties traded 500 contract(s) at a $20.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $118.5K, with a price of $237.0 per contract. There were 12017 open contracts at this strike prior to today, and today 1615 contract(s) were bought and sold.
• Regarding AMAT AMAT, we observe a call option trade with bearish sentiment. It expires in 45 day(s) on March 15, 2024. Parties traded 50 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $46.7K, with a price of $935.0 per contract. There were 1068 open contracts at this strike prior to today, and today 1536 contract(s) were bought and sold.
• For ARM ARM, we notice a put option trade that happens to be bullish, expiring in 171 day(s) on July 19, 2024. This event was a transfer of 200 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $109.0K, with a price of $545.0 per contract. There were 1350 open contracts at this strike prior to today, and today 1424 contract(s) were bought and sold.
• Regarding IBM IBM, we observe a put option trade with bullish sentiment. It expires in 45 day(s) on March 15, 2024. Parties traded 700 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $126.7K, with a price of $181.0 per contract. There were 988 open contracts at this strike prior to today, and today 836 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a put option trade with neutral sentiment. It expires in 17 day(s) on February 16, 2024. Parties traded 50 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $515.0 per contract. There were 718 open contracts at this strike prior to today, and today 719 contract(s) were bought and sold.
Options Alert Terminology
- Call Contracts: The right to buy shares as indicated in the contract.
- Put Contracts: The right to sell shares as indicated in the contract.
- Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it.
- Premium/Option Price: The price of the contract.
For more information, visit our Guide to Understanding Options Alerts or read more about unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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