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 |
---|---|---|---|---|---|---|---|---|
SOUN | CALL | SWEEP | BULLISH | 02/23/24 | $4.00 | $30.5K | 5.9K | 5.3K |
NVDA | CALL | TRADE | BULLISH | 02/23/24 | $750.00 | $30.1K | 7.3K | 5.3K |
AMD | CALL | SWEEP | BEARISH | 03/15/24 | $180.00 | $159.1K | 16.0K | 5.2K |
MARA | CALL | TRADE | BULLISH | 09/20/24 | $25.00 | $114.5K | 318 | 3.8K |
AMBA | PUT | SWEEP | BULLISH | 03/15/24 | $60.00 | $51.5K | 61 | 2.5K |
SMCI | CALL | SWEEP | BULLISH | 02/16/24 | $880.00 | $25.6K | 632 | 2.0K |
ADBE | PUT | TRADE | BEARISH | 02/16/24 | $570.00 | $26.5K | 2.1K | 1.4K |
CLSK | CALL | SWEEP | BULLISH | 02/23/24 | $20.00 | $29.0K | 1.6K | 1.4K |
GLW | CALL | SWEEP | BULLISH | 02/16/24 | $30.00 | $64.4K | 1.9K | 887 |
MSTR | PUT | SWEEP | BULLISH | 02/23/24 | $650.00 | $28.7K | 443 | 313 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding SOUN SOUN, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on February 23, 2024. Parties traded 610 contract(s) at a $4.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $50.0 per contract. There were 5972 open contracts at this strike prior to today, and today 5354 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 7 day(s) on February 23, 2024. This event was a transfer of 8 contract(s) at a $750.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $3765.0 per contract. There were 7365 open contracts at this strike prior to today, and today 5321 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on March 15, 2024. This event was a transfer of 200 contract(s) at a $180.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $159.1K, with a price of $795.0 per contract. There were 16053 open contracts at this strike prior to today, and today 5298 contract(s) were bought and sold.
• For MARA MARA, we notice a call option trade that happens to be bullish, expiring in 217 day(s) on September 20, 2024. This event was a transfer of 100 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $114.5K, with a price of $1145.0 per contract. There were 318 open contracts at this strike prior to today, and today 3838 contract(s) were bought and sold.
• For AMBA AMBA, we notice a put option sweep that happens to be bullish, expiring in 28 day(s) on March 15, 2024. This event was a transfer of 66 contract(s) at a $60.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $51.5K, with a price of $780.0 per contract. There were 61 open contracts at this strike prior to today, and today 2557 contract(s) were bought and sold.
• For SMCI SMCI, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 13 contract(s) at a $880.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $1980.0 per contract. There were 632 open contracts at this strike prior to today, and today 2021 contract(s) were bought and sold.
• For ADBE ADBE, we notice a put option trade that happens to be bearish, is expiring today. Parties traded 25 contract(s) at a $570.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $1060.0 per contract. There were 2128 open contracts at this strike prior to today, and today 1421 contract(s) were bought and sold.
• For CLSK CLSK, we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on February 23, 2024. This event was a transfer of 415 contract(s) at a $20.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $70.0 per contract. There were 1665 open contracts at this strike prior to today, and today 1400 contract(s) were bought and sold.
• For GLW GLW, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 300 contract(s) at a $30.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $64.4K, with a price of $215.0 per contract. There were 1915 open contracts at this strike prior to today, and today 887 contract(s) were bought and sold.
• For MSTR MSTR, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on February 23, 2024. This event was a transfer of 25 contract(s) at a $650.00 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 $28.7K, with a price of $1160.0 per contract. There were 443 open contracts at this strike prior to today, and today 313 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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