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 | 04/26/24 | $820.00 | $60.4K | 7.7K | 41.9K |
MSFT | CALL | TRADE | BULLISH | 04/26/24 | $410.00 | $28.8K | 4.8K | 8.5K |
SMCI | CALL | TRADE | BULLISH | 04/26/24 | $800.00 | $28.4K | 2.4K | 7.4K |
MU | CALL | TRADE | BULLISH | 04/26/24 | $112.00 | $26.4K | 2.0K | 3.1K |
INTC | PUT | SWEEP | BULLISH | 04/26/24 | $34.50 | $50.0K | 4.6K | 2.6K |
IBM | CALL | TRADE | BULLISH | 01/17/25 | $220.00 | $33.6K | 5.6K | 1.7K |
RIOT | CALL | SWEEP | BEARISH | 09/20/24 | $20.00 | $29.4K | 10.9K | 1.4K |
MARA | CALL | TRADE | BULLISH | 06/21/24 | $30.00 | $29.5K | 27.7K | 881 |
AVGO | CALL | SWEEP | NEUTRAL | 04/26/24 | $1310.00 | $51.0K | 194 | 771 |
AMD | CALL | SWEEP | BEARISH | 06/21/24 | $200.00 | $28.6K | 15.2K | 732 |
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 1 day(s) on April 26, 2024. This event was a transfer of 42 contract(s) at a $820.00 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 $60.4K, with a price of $1440.0 per contract. There were 7744 open contracts at this strike prior to today, and today 41944 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on April 26, 2024. This event was a transfer of 60 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $480.0 per contract. There were 4865 open contracts at this strike prior to today, and today 8526 contract(s) were bought and sold.
• For SMCI SMCI, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on April 26, 2024. This event was a transfer of 20 contract(s) at a $800.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $1420.0 per contract. There were 2441 open contracts at this strike prior to today, and today 7495 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on April 26, 2024. Parties traded 150 contract(s) at a $112.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $176.0 per contract. There were 2074 open contracts at this strike prior to today, and today 3113 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on April 26, 2024. Parties traded 500 contract(s) at a $34.50 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 $50.0K, with a price of $100.0 per contract. There were 4622 open contracts at this strike prior to today, and today 2669 contract(s) were bought and sold.
• Regarding IBM IBM, we observe a call option trade with bullish sentiment. It expires in 267 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $168.0 per contract. There were 5677 open contracts at this strike prior to today, and today 1748 contract(s) were bought and sold.
• Regarding RIOT RIOT, we observe a call option sweep with bearish sentiment. It expires in 148 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $20.00 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 $29.4K, with a price of $147.0 per contract. There were 10999 open contracts at this strike prior to today, and today 1476 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bullish sentiment. It expires in 57 day(s) on June 21, 2024. Parties traded 250 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $118.0 per contract. There were 27798 open contracts at this strike prior to today, and today 881 contract(s) were bought and sold.
• Regarding AVGO AVGO, we observe a call option sweep with neutral sentiment. It expires in 1 day(s) on April 26, 2024. Parties traded 60 contract(s) at a $1310.00 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 $51.0K, with a price of $850.0 per contract. There were 194 open contracts at this strike prior to today, and today 771 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 57 day(s) on June 21, 2024. This event was a transfer of 190 contract(s) at a $200.00 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 $28.6K, with a price of $151.0 per contract. There were 15212 open contracts at this strike prior to today, and today 732 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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