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 | BULLISH | 05/03/24 | $850.00 | $207.8K | 6.9K | 47.0K |
SMCI | CALL | SWEEP | BULLISH | 05/03/24 | $750.00 | $28.3K | 1.4K | 5.3K |
AAPL | CALL | SWEEP | BEARISH | 08/16/24 | $210.00 | $71.9K | 14.1K | 4.5K |
AMD | PUT | SWEEP | BULLISH | 05/10/24 | $143.00 | $25.3K | 985 | 3.0K |
COHR | CALL | TRADE | NEUTRAL | 05/17/24 | $70.00 | $85.0K | 5.7K | 1.7K |
MSFT | CALL | SWEEP | BULLISH | 07/19/24 | $400.00 | $49.5K | 5.1K | 746 |
CRWD | PUT | SWEEP | BEARISH | 05/03/24 | $305.00 | $25.7K | 253 | 539 |
MAXN | PUT | SWEEP | BEARISH | 06/21/24 | $3.00 | $43.2K | 5.8K | 537 |
TCX | CALL | SWEEP | BULLISH | 11/15/24 | $30.00 | $48.2K | 415 | 505 |
PTC | PUT | TRADE | BULLISH | 05/17/24 | $180.00 | $37.7K | 469 | 448 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on May 3, 2024. Parties traded 149 contract(s) at a $850.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $207.8K, with a price of $1400.0 per contract. There were 6983 open contracts at this strike prior to today, and today 47001 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on May 3, 2024. Parties traded 25 contract(s) at a $750.00 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 $28.3K, with a price of $1136.0 per contract. There were 1440 open contracts at this strike prior to today, and today 5382 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 106 day(s) on August 16, 2024. Parties traded 946 contract(s) at a $210.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $71.9K, with a price of $76.0 per contract. There were 14166 open contracts at this strike prior to today, and today 4598 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 8 day(s) on May 10, 2024. Parties traded 100 contract(s) at a $143.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $253.0 per contract. There were 985 open contracts at this strike prior to today, and today 3000 contract(s) were bought and sold.
• For COHR COHR, we notice a call option trade that happens to be neutral, expiring in 15 day(s) on May 17, 2024. This event was a transfer of 1700 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $85.0K, with a price of $50.0 per contract. There were 5730 open contracts at this strike prior to today, and today 1700 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 78 day(s) on July 19, 2024. This event was a transfer of 30 contract(s) at a $400.00 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 $49.5K, with a price of $1650.0 per contract. There were 5144 open contracts at this strike prior to today, and today 746 contract(s) were bought and sold.
• For CRWD CRWD, we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on May 3, 2024. This event was a transfer of 50 contract(s) at a $305.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $515.0 per contract. There were 253 open contracts at this strike prior to today, and today 539 contract(s) were bought and sold.
• Regarding MAXN MAXN, we observe a put option sweep with bearish sentiment. It expires in 50 day(s) on June 21, 2024. Parties traded 393 contract(s) at a $3.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $43.2K, with a price of $110.0 per contract. There were 5894 open contracts at this strike prior to today, and today 537 contract(s) were bought and sold.
• For TCX TCX, we notice a call option sweep that happens to be bullish, expiring in 197 day(s) on November 15, 2024. This event was a transfer of 505 contract(s) at a $30.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $48.2K, with a price of $110.0 per contract. There were 415 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• Regarding PTC PTC, we observe a put option trade with bullish sentiment. It expires in 15 day(s) on May 17, 2024. Parties traded 58 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $37.7K, with a price of $650.0 per contract. There were 469 open contracts at this strike prior to today, and today 448 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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