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 | 03/08/24 | $850.00 | $30.5K | 13.0K | 41.7K |
SMCI | CALL | SWEEP | BEARISH | 03/08/24 | $1600.00 | $26.1K | 1.8K | 13.8K |
MSFT | CALL | SWEEP | BEARISH | 03/08/24 | $415.00 | $45.9K | 4.1K | 6.4K |
IBM | CALL | TRADE | BULLISH | 03/15/24 | $190.00 | $26.5K | 14.2K | 6.2K |
AMD | CALL | SWEEP | BEARISH | 04/19/24 | $195.00 | $268.9K | 12.6K | 4.6K |
INTC | CALL | SWEEP | BEARISH | 05/17/24 | $50.00 | $66.3K | 8.5K | 4.5K |
BBAI | CALL | SWEEP | BEARISH | 03/08/24 | $3.50 | $27.0K | 5.3K | 2.7K |
AUR | PUT | TRADE | BEARISH | 03/15/24 | $4.50 | $79.2K | 2.5K | 2.4K |
MRVL | CALL | TRADE | BEARISH | 04/19/24 | $90.00 | $45.7K | 663 | 1.8K |
MSTR | CALL | SWEEP | NEUTRAL | 03/08/24 | $1400.00 | $68.9K | 360 | 1.1K |
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 bullish, expiring in 4 day(s) on March 8, 2024. This event was a transfer of 13 contract(s) at a $850.00 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 $30.5K, with a price of $2343.0 per contract. There were 13002 open contracts at this strike prior to today, and today 41758 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on March 8, 2024. Parties traded 30 contract(s) at a $1600.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $870.0 per contract. There were 1896 open contracts at this strike prior to today, and today 13866 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on March 8, 2024. This event was a transfer of 100 contract(s) at a $415.00 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 $45.9K, with a price of $460.0 per contract. There were 4144 open contracts at this strike prior to today, and today 6453 contract(s) were bought and sold.
• For IBM IBM, we notice a call option trade that happens to be bullish, expiring in 11 day(s) on March 15, 2024. This event was a transfer of 50 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $530.0 per contract. There were 14299 open contracts at this strike prior to today, and today 6218 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on April 19, 2024. This event was a transfer of 121 contract(s) at a $195.00 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 $268.9K, with a price of $2229.0 per contract. There were 12631 open contracts at this strike prior to today, and today 4673 contract(s) were bought and sold.
• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 74 day(s) on May 17, 2024. This event was a transfer of 325 contract(s) at a $50.00 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 $66.3K, with a price of $204.0 per contract. There were 8596 open contracts at this strike prior to today, and today 4579 contract(s) were bought and sold.
• For BBAI BBAI, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on March 8, 2024. This event was a transfer of 200 contract(s) at a $3.50 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $135.0 per contract. There were 5370 open contracts at this strike prior to today, and today 2791 contract(s) were bought and sold.
• For AUR AUR, we notice a put option trade that happens to be bearish, expiring in 11 day(s) on March 15, 2024. This event was a transfer of 396 contract(s) at a $4.50 strike. The total cost received by the writing party (or parties) was $79.2K, with a price of $200.0 per contract. There were 2500 open contracts at this strike prior to today, and today 2400 contract(s) were bought and sold.
• For MRVL MRVL, we notice a call option trade that happens to be bearish, expiring in 46 day(s) on April 19, 2024. This event was a transfer of 150 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $45.7K, with a price of $305.0 per contract. There were 663 open contracts at this strike prior to today, and today 1894 contract(s) were bought and sold.
• Regarding MSTR MSTR, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on March 8, 2024. Parties traded 8 contract(s) at a $1400.00 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 $68.9K, with a price of $8625.0 per contract. There were 360 open contracts at this strike prior to today, and today 1174 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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