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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 | 02/09/24 | $700.00 | $28.5K | 21.2K | 52.5K |
SMCI | PUT | SWEEP | BEARISH | 02/09/24 | $600.00 | $45.5K | 3.1K | 16.4K |
AAPL | CALL | TRADE | BEARISH | 02/16/24 | $190.00 | $104.0K | 40.1K | 14.6K |
AMD | PUT | SWEEP | BEARISH | 03/15/24 | $145.00 | $97.0K | 8.3K | 2.7K |
ENPH | CALL | TRADE | BULLISH | 02/09/24 | $115.00 | $68.0K | 526 | 2.6K |
MSFT | PUT | TRADE | BEARISH | 02/09/24 | $397.50 | $47.4K | 3.0K | 1.7K |
PANW | CALL | SWEEP | BULLISH | 02/16/24 | $345.00 | $271.4K | 1.1K | 531 |
WDAY | PUT | SWEEP | BULLISH | 02/23/24 | $260.00 | $31.6K | 502 | 428 |
CDW | PUT | SWEEP | BEARISH | 02/16/24 | $220.00 | $47.1K | 1.4K | 331 |
TSM | PUT | TRADE | BEARISH | 12/20/24 | $90.00 | $67.6K | 111 | 251 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on February 9, 2024. This event was a transfer of 75 contract(s) at a $700.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $381.0 per contract. There were 21274 open contracts at this strike prior to today, and today 52549 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on February 9, 2024. Parties traded 50 contract(s) at a $600.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $910.0 per contract. There were 3172 open contracts at this strike prior to today, and today 16473 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option trade with bearish sentiment. It expires in 10 day(s) on February 16, 2024. Parties traded 500 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $104.0K, with a price of $208.0 per contract. There were 40157 open contracts at this strike prior to today, and today 14683 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 38 day(s) on March 15, 2024. This event was a transfer of 500 contract(s) at a $145.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $97.0K, with a price of $194.0 per contract. There were 8395 open contracts at this strike prior to today, and today 2758 contract(s) were bought and sold.
• Regarding ENPH ENPH, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on February 9, 2024. Parties traded 250 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $272.0 per contract. There were 526 open contracts at this strike prior to today, and today 2649 contract(s) were bought and sold.
• For MSFT MSFT, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on February 9, 2024. This event was a transfer of 474 contract(s) at a $397.50 strike. The total cost received by the writing party (or parties) was $47.4K, with a price of $100.0 per contract. There were 3084 open contracts at this strike prior to today, and today 1769 contract(s) were bought and sold.
• For PANW PANW, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on February 16, 2024. This event was a transfer of 460 contract(s) at a $345.00 strike. This particular call needed to be split into 72 different trades to become filled. The total cost received by the writing party (or parties) was $271.4K, with a price of $590.0 per contract. There were 1109 open contracts at this strike prior to today, and today 531 contract(s) were bought and sold.
• Regarding WDAY WDAY, we observe a put option sweep with bullish sentiment. It expires in 17 day(s) on February 23, 2024. Parties traded 416 contract(s) at a $260.00 strike. This particular put needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $76.0 per contract. There were 502 open contracts at this strike prior to today, and today 428 contract(s) were bought and sold.
• Regarding CDW CDW, we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on February 16, 2024. Parties traded 314 contract(s) at a $220.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $47.1K, with a price of $150.0 per contract. There were 1439 open contracts at this strike prior to today, and today 331 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a put option trade with bearish sentiment. It expires in 318 day(s) on December 20, 2024. Parties traded 245 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $67.6K, with a price of $276.0 per contract. There were 111 open contracts at this strike prior to today, and today 251 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 news on unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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