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 | BULLISH | 02/23/24 | $700.00 | $35.3K | 9.1K | 18.7K |
AMD | PUT | SWEEP | BULLISH | 02/23/24 | $162.50 | $34.4K | 3.9K | 9.8K |
MARA | CALL | SWEEP | BEARISH | 02/23/24 | $25.00 | $32.7K | 9.9K | 8.3K |
ARM | CALL | SWEEP | BEARISH | 02/23/24 | $140.00 | $36.2K | 2.6K | 7.7K |
ON | PUT | SWEEP | BEARISH | 04/19/24 | $65.00 | $63.6K | 2.1K | 7.4K |
MU | CALL | SWEEP | BULLISH | 05/17/24 | $82.50 | $54.4K | 366 | 5.4K |
SMCI | PUT | SWEEP | BULLISH | 02/23/24 | $600.00 | $27.1K | 4.7K | 5.3K |
AAPL | CALL | SWEEP | BEARISH | 02/23/24 | $175.00 | $33.7K | 2.1K | 2.3K |
MSFT | CALL | TRADE | BEARISH | 03/15/24 | $410.00 | $429.6K | 33.9K | 2.3K |
ZS | CALL | SWEEP | BEARISH | 02/23/24 | $210.00 | $28.2K | 9 | 509 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 15 contract(s) at a $700.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $2358.0 per contract. There were 9178 open contracts at this strike prior to today, and today 18720 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 23, 2024. Parties traded 80 contract(s) at a $162.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $430.0 per contract. There were 3929 open contracts at this strike prior to today, and today 9814 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on February 23, 2024. Parties traded 696 contract(s) at a $25.00 strike. This particular call needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $47.0 per contract. There were 9972 open contracts at this strike prior to today, and today 8356 contract(s) were bought and sold.
• For ARM ARM, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 200 contract(s) at a $140.00 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 $36.2K, with a price of $181.0 per contract. There were 2642 open contracts at this strike prior to today, and today 7783 contract(s) were bought and sold.
• Regarding ON ON, we observe a put option sweep with bearish sentiment. It expires in 58 day(s) on April 19, 2024. Parties traded 677 contract(s) at a $65.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $63.6K, with a price of $94.0 per contract. There were 2175 open contracts at this strike prior to today, and today 7419 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option sweep with bullish sentiment. It expires in 86 day(s) on May 17, 2024. Parties traded 99 contract(s) at a $82.50 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 $54.4K, with a price of $550.0 per contract. There were 366 open contracts at this strike prior to today, and today 5412 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 23, 2024. Parties traded 41 contract(s) at a $600.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $660.0 per contract. There were 4750 open contracts at this strike prior to today, and today 5393 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 50 contract(s) at a $175.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $675.0 per contract. There were 2137 open contracts at this strike prior to today, and today 2327 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 23 day(s) on March 15, 2024. This event was a transfer of 924 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $429.6K, with a price of $465.0 per contract. There were 33948 open contracts at this strike prior to today, and today 2312 contract(s) were bought and sold.
• For ZS ZS, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 23, 2024. This event was a transfer of 41 contract(s) at a $210.00 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 $28.2K, with a price of $690.0 per contract. There were 9 open contracts at this strike prior to today, and today 509 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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