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 |
---|---|---|---|---|---|---|---|---|
AAPL | PUT | SWEEP | BULLISH | 04/19/24 | $167.50 | $42.8K | 19.0K | 56.0K |
AMD | PUT | SWEEP | BULLISH | 04/19/24 | $160.00 | $28.9K | 20.6K | 26.6K |
NVDA | PUT | SWEEP | BULLISH | 04/19/24 | $870.00 | $45.7K | 6.1K | 17.8K |
MSFT | CALL | SWEEP | BEARISH | 04/19/24 | $420.00 | $27.7K | 11.0K | 7.7K |
SMCI | CALL | SWEEP | BEARISH | 04/19/24 | $950.00 | $70.5K | 1.1K | 1.9K |
FTNT | CALL | SWEEP | BEARISH | 05/17/24 | $70.00 | $104.6K | 3.4K | 1.3K |
HPE | CALL | SWEEP | BEARISH | 05/17/24 | $18.00 | $34.2K | 4.1K | 1.2K |
TSM | CALL | SWEEP | BULLISH | 04/19/24 | $147.00 | $25.6K | 1.7K | 687 |
IREN | CALL | SWEEP | BULLISH | 11/15/24 | $5.00 | $33.0K | 4.3K | 605 |
WDC | CALL | TRADE | BEARISH | 05/31/24 | $71.00 | $47.0K | 0 | 603 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on April 19, 2024. Parties traded 317 contract(s) at a $167.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $136.0 per contract. There were 19028 open contracts at this strike prior to today, and today 56051 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on April 19, 2024. This event was a transfer of 139 contract(s) at a $160.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $208.0 per contract. There were 20692 open contracts at this strike prior to today, and today 26647 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on April 19, 2024. Parties traded 32 contract(s) at a $870.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $45.7K, with a price of $1430.0 per contract. There were 6199 open contracts at this strike prior to today, and today 17888 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on April 19, 2024. Parties traded 117 contract(s) at a $420.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $237.0 per contract. There were 11072 open contracts at this strike prior to today, and today 7718 contract(s) were bought and sold.
• For SMCI SMCI, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on April 19, 2024. This event was a transfer of 41 contract(s) at a $950.00 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 $70.5K, with a price of $1700.0 per contract. There were 1165 open contracts at this strike prior to today, and today 1985 contract(s) were bought and sold.
• For FTNT FTNT, we notice a call option sweep that happens to be bearish, expiring in 31 day(s) on May 17, 2024. This event was a transfer of 534 contract(s) at a $70.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $104.6K, with a price of $195.0 per contract. There were 3429 open contracts at this strike prior to today, and today 1319 contract(s) were bought and sold.
• Regarding HPE HPE, we observe a call option sweep with bearish sentiment. It expires in 31 day(s) on May 17, 2024. Parties traded 1143 contract(s) at a $18.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $30.0 per contract. There were 4113 open contracts at this strike prior to today, and today 1262 contract(s) were bought and sold.
• For TSM TSM, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on April 19, 2024. This event was a transfer of 118 contract(s) at a $147.00 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 $25.6K, with a price of $217.0 per contract. There were 1742 open contracts at this strike prior to today, and today 687 contract(s) were bought and sold.
• Regarding IREN IREN, we observe a call option sweep with bullish sentiment. It expires in 213 day(s) on November 15, 2024. Parties traded 200 contract(s) at a $5.00 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 $33.0K, with a price of $165.0 per contract. There were 4361 open contracts at this strike prior to today, and today 605 contract(s) were bought and sold.
• Regarding WDC WDC, we observe a call option trade with bearish sentiment. It expires in 45 day(s) on May 31, 2024. Parties traded 100 contract(s) at a $71.00 strike. The total cost received by the writing party (or parties) was $47.0K, with a price of $470.0 per contract. There were 0 open contracts at this strike prior to today, and today 603 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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