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 | BEARISH | 04/05/24 | $900.00 | $28.0K | 10.8K | 50.9K |
MSFT | PUT | SWEEP | BULLISH | 04/12/24 | $425.00 | $50.8K | 12.3K | 12.5K |
SMCI | CALL | SWEEP | BULLISH | 04/05/24 | $1100.00 | $26.7K | 4.8K | 6.4K |
AMD | CALL | SWEEP | BULLISH | 04/12/24 | $185.00 | $36.0K | 5.5K | 5.6K |
MU | CALL | SWEEP | NEUTRAL | 05/17/24 | $130.00 | $33.9K | 4.4K | 5.2K |
WDC | CALL | SWEEP | BULLISH | 05/17/24 | $75.00 | $27.6K | 5.8K | 4.9K |
DELL | CALL | TRADE | BULLISH | 04/19/24 | $130.00 | $40.9K | 2.2K | 3.4K |
INTC | PUT | TRADE | BEARISH | 03/21/25 | $35.00 | $26.8K | 5.9K | 2.5K |
MARA | CALL | SWEEP | BULLISH | 04/12/24 | $22.00 | $126.8K | 2.6K | 2.4K |
HPE | CALL | SWEEP | BULLISH | 05/17/24 | $19.00 | $32.9K | 4.0K | 2.1K |
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 bearish, expiring in 2 day(s) on April 5, 2024. This event was a transfer of 24 contract(s) at a $900.00 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 $28.0K, with a price of $1170.0 per contract. There were 10845 open contracts at this strike prior to today, and today 50954 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on April 12, 2024. Parties traded 80 contract(s) at a $425.00 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 $50.8K, with a price of $635.0 per contract. There were 12349 open contracts at this strike prior to today, and today 12519 contract(s) were bought and sold.
• For SMCI SMCI, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on April 5, 2024. This event was a transfer of 90 contract(s) at a $1100.00 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 $26.7K, with a price of $300.0 per contract. There were 4845 open contracts at this strike prior to today, and today 6425 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on April 12, 2024. Parties traded 100 contract(s) at a $185.00 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 $36.0K, with a price of $360.0 per contract. There were 5572 open contracts at this strike prior to today, and today 5667 contract(s) were bought and sold.
• For MU MU, we notice a call option sweep that happens to be neutral, expiring in 44 day(s) on May 17, 2024. This event was a transfer of 50 contract(s) at a $130.00 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 $33.9K, with a price of $678.0 per contract. There were 4479 open contracts at this strike prior to today, and today 5239 contract(s) were bought and sold.
• Regarding WDC WDC, we observe a call option sweep with bullish sentiment. It expires in 44 day(s) on May 17, 2024. Parties traded 83 contract(s) at a $75.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $333.0 per contract. There were 5895 open contracts at this strike prior to today, and today 4957 contract(s) were bought and sold.
• For DELL DELL, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on April 19, 2024. This event was a transfer of 100 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $410.0 per contract. There were 2273 open contracts at this strike prior to today, and today 3493 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option trade with bearish sentiment. It expires in 352 day(s) on March 21, 2025. Parties traded 100 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $268.0 per contract. There were 5934 open contracts at this strike prior to today, and today 2543 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on April 12, 2024. Parties traded 1691 contract(s) at a $22.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $126.8K, with a price of $75.0 per contract. There were 2677 open contracts at this strike prior to today, and today 2417 contract(s) were bought and sold.
• For HPE HPE, we notice a call option sweep that happens to be bullish, expiring in 44 day(s) on May 17, 2024. This event was a transfer of 506 contract(s) at a $19.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $65.0 per contract. There were 4087 open contracts at this strike prior to today, and today 2173 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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