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 |
---|---|---|---|---|---|---|---|---|
GOOGL | CALL | SWEEP | BEARISH | 04/05/24 | $152.50 | $43.6K | 6.1K | 8.6K |
T | CALL | SWEEP | BULLISH | 04/05/24 | $17.50 | $100.0K | 32.8K | 1.9K |
NFLX | PUT | SWEEP | BULLISH | 04/05/24 | $607.50 | $69.6K | 554 | 1.9K |
META | PUT | TRADE | BULLISH | 06/21/24 | $450.00 | $31.6K | 3.1K | 450 |
TKO | CALL | SWEEP | BEARISH | 04/19/24 | $85.00 | $56.3K | 1.7K | 434 |
BIDU | PUT | SWEEP | BULLISH | 09/20/24 | $110.00 | $35.2K | 1.4K | 185 |
SNAP | PUT | TRADE | BEARISH | 04/19/24 | $13.00 | $33.0K | 7.2K | 179 |
GOOG | CALL | TRADE | BEARISH | 09/20/24 | $170.00 | $49.2K | 2.0K | 138 |
RBLX | PUT | SWEEP | BEARISH | 04/19/24 | $43.50 | $27.1K | 4 | 40 |
TTD | CALL | SWEEP | BEARISH | 05/17/24 | $77.50 | $35.8K | 91 | 30 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding GOOGL GOOGL, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on April 5, 2024. Parties traded 200 contract(s) at a $152.50 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 $43.6K, with a price of $218.0 per contract. There were 6133 open contracts at this strike prior to today, and today 8668 contract(s) were bought and sold.
• For T T, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on April 5, 2024. This event was a transfer of 5000 contract(s) at a $17.50 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $100.0K, with a price of $20.0 per contract. There were 32811 open contracts at this strike prior to today, and today 1967 contract(s) were bought and sold.
• For NFLX NFLX, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on April 5, 2024. This event was a transfer of 162 contract(s) at a $607.50 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $69.6K, with a price of $432.0 per contract. There were 554 open contracts at this strike prior to today, and today 1926 contract(s) were bought and sold.
• Regarding META META, we observe a put option trade with bullish sentiment. It expires in 80 day(s) on June 21, 2024. Parties traded 20 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $1580.0 per contract. There were 3131 open contracts at this strike prior to today, and today 450 contract(s) were bought and sold.
• For TKO TKO, we notice a call option sweep that happens to be bearish, expiring in 17 day(s) on April 19, 2024. This event was a transfer of 88 contract(s) at a $85.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $56.3K, with a price of $640.0 per contract. There were 1785 open contracts at this strike prior to today, and today 434 contract(s) were bought and sold.
• For BIDU BIDU, we notice a put option sweep that happens to be bullish, expiring in 171 day(s) on September 20, 2024. This event was a transfer of 30 contract(s) at a $110.00 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 $35.2K, with a price of $1175.0 per contract. There were 1485 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.
• For SNAP SNAP, we notice a put option trade that happens to be bearish, expiring in 17 day(s) on April 19, 2024. This event was a transfer of 165 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $200.0 per contract. There were 7213 open contracts at this strike prior to today, and today 179 contract(s) were bought and sold.
• Regarding GOOG GOOG, we observe a call option trade with bearish sentiment. It expires in 171 day(s) on September 20, 2024. Parties traded 65 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $49.2K, with a price of $758.0 per contract. There were 2081 open contracts at this strike prior to today, and today 138 contract(s) were bought and sold.
• For RBLX RBLX, we notice a put option sweep that happens to be bearish, expiring in 17 day(s) on April 19, 2024. This event was a transfer of 39 contract(s) at a $43.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $695.0 per contract. There were 4 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.
• For TTD TTD, we notice a call option sweep that happens to be bearish, expiring in 45 day(s) on May 17, 2024. This event was a transfer of 29 contract(s) at a $77.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $35.8K, with a price of $1235.0 per contract. There were 91 open contracts at this strike prior to today, and today 30 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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