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 | PUT | SWEEP | BULLISH | 04/05/24 | $895.00 | $32.0K | 4.6K | 18.4K |
SMTC | CALL | TRADE | BULLISH | 04/19/24 | $38.00 | $380.0K | 61 | 4.0K |
WDC | CALL | TRADE | BEARISH | 04/05/24 | $73.00 | $41.2K | 290 | 3.9K |
VERI | CALL | SWEEP | BEARISH | 04/19/24 | $7.50 | $33.3K | 2.2K | 2.8K |
SMCI | CALL | SWEEP | BEARISH | 04/05/24 | $1080.00 | $41.4K | 714 | 2.1K |
MSTR | CALL | SWEEP | BEARISH | 04/05/24 | $1700.00 | $356.5K | 833 | 1.7K |
AKAM | PUT | SWEEP | BEARISH | 05/17/24 | $90.00 | $28.3K | 69 | 659 |
MARA | CALL | TRADE | BEARISH | 01/17/25 | $30.00 | $27.2K | 15.0K | 542 |
ASML | CALL | TRADE | NEUTRAL | 04/19/24 | $1000.00 | $30.4K | 719 | 416 |
PANW | CALL | TRADE | BULLISH | 04/19/24 | $272.50 | $59.0K | 229 | 315 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on April 5, 2024. Parties traded 40 contract(s) at a $895.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $800.0 per contract. There were 4699 open contracts at this strike prior to today, and today 18480 contract(s) were bought and sold.
• For SMTC SMTC, we notice a call option trade that happens to be bullish, expiring in 15 day(s) on April 19, 2024. This event was a transfer of 4000 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $380.0K, with a price of $95.0 per contract. There were 61 open contracts at this strike prior to today, and today 4069 contract(s) were bought and sold.
• Regarding WDC WDC, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on April 5, 2024. Parties traded 634 contract(s) at a $73.00 strike. The total cost received by the writing party (or parties) was $41.2K, with a price of $65.0 per contract. There were 290 open contracts at this strike prior to today, and today 3991 contract(s) were bought and sold.
• Regarding VERI VERI, we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on April 19, 2024. Parties traded 390 contract(s) at a $7.50 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 $33.3K, with a price of $85.0 per contract. There were 2207 open contracts at this strike prior to today, and today 2808 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on April 5, 2024. Parties traded 270 contract(s) at a $1080.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $150.0 per contract. There were 714 open contracts at this strike prior to today, and today 2128 contract(s) were bought and sold.
• Regarding MSTR MSTR, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on April 5, 2024. Parties traded 112 contract(s) at a $1700.00 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 $356.5K, with a price of $3180.0 per contract. There were 833 open contracts at this strike prior to today, and today 1710 contract(s) were bought and sold.
• For AKAM AKAM, we notice a put option sweep that happens to be bearish, expiring in 43 day(s) on May 17, 2024. This event was a transfer of 407 contract(s) at a $90.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $70.0 per contract. There were 69 open contracts at this strike prior to today, and today 659 contract(s) were bought and sold.
• For MARA MARA, we notice a call option trade that happens to be bearish, expiring in 288 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $545.0 per contract. There were 15010 open contracts at this strike prior to today, and today 542 contract(s) were bought and sold.
• For ASML ASML, we notice a call option trade that happens to be neutral, expiring in 15 day(s) on April 19, 2024. This event was a transfer of 9 contract(s) at a $1000.00 strike. The total cost received by the writing party (or parties) was $30.4K, with a price of $3384.0 per contract. There were 719 open contracts at this strike prior to today, and today 416 contract(s) were bought and sold.
• Regarding PANW PANW, we observe a call option trade with bullish sentiment. It expires in 15 day(s) on April 19, 2024. Parties traded 100 contract(s) at a $272.50 strike. The total cost received by the writing party (or parties) was $59.0K, with a price of $590.0 per contract. There were 229 open contracts at this strike prior to today, and today 315 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.