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 | 05/03/24 | $890.00 | $126.5K | 4.9K | 82.6K |
AAPL | CALL | SWEEP | BULLISH | 05/10/24 | $190.00 | $33.4K | 18.5K | 76.6K |
AMD | CALL | SWEEP | BEARISH | 05/10/24 | $150.00 | $47.1K | 9.8K | 16.4K |
FROG | PUT | TRADE | BEARISH | 05/17/24 | $37.50 | $350.0K | 208 | 2.5K |
PLTR | CALL | SWEEP | BEARISH | 08/16/24 | $34.00 | $40.0K | 386 | 2.3K |
NET | PUT | TRADE | BULLISH | 06/21/24 | $80.00 | $99.9K | 1.3K | 2.0K |
SEMR | PUT | SWEEP | BULLISH | 05/17/24 | $12.50 | $84.4K | 25 | 1.2K |
SPT | PUT | TRADE | BEARISH | 07/19/24 | $55.00 | $27.8K | 1.8K | 918 |
BILL | PUT | SWEEP | BEARISH | 05/10/24 | $56.00 | $64.8K | 51 | 821 |
ENPH | CALL | SWEEP | BEARISH | 05/17/24 | $120.00 | $42.2K | 1.0K | 557 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 509 contract(s) at a $890.00 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 $126.5K, with a price of $245.0 per contract. There were 4948 open contracts at this strike prior to today, and today 82607 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on May 10, 2024. Parties traded 478 contract(s) at a $190.00 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 $33.4K, with a price of $70.0 per contract. There were 18589 open contracts at this strike prior to today, and today 76621 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on May 10, 2024. This event was a transfer of 140 contract(s) at a $150.00 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 $47.1K, with a price of $335.0 per contract. There were 9843 open contracts at this strike prior to today, and today 16457 contract(s) were bought and sold.
• Regarding FROG FROG, we observe a put option trade with bearish sentiment. It expires in 14 day(s) on May 17, 2024. Parties traded 2500 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $350.0K, with a price of $140.0 per contract. There were 208 open contracts at this strike prior to today, and today 2506 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 105 day(s) on August 16, 2024. This event was a transfer of 540 contract(s) at a $34.00 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 $40.0K, with a price of $74.0 per contract. There were 386 open contracts at this strike prior to today, and today 2319 contract(s) were bought and sold.
• For NET NET, we notice a put option trade that happens to be bullish, expiring in 49 day(s) on June 21, 2024. This event was a transfer of 111 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $99.9K, with a price of $900.0 per contract. There were 1378 open contracts at this strike prior to today, and today 2064 contract(s) were bought and sold.
• Regarding SEMR SEMR, we observe a put option sweep with bullish sentiment. It expires in 14 day(s) on May 17, 2024. Parties traded 1200 contract(s) at a $12.50 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $84.4K, with a price of $80.0 per contract. There were 25 open contracts at this strike prior to today, and today 1201 contract(s) were bought and sold.
• For SPT SPT, we notice a put option trade that happens to be bearish, expiring in 77 day(s) on July 19, 2024. This event was a transfer of 11 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $2530.0 per contract. There were 1803 open contracts at this strike prior to today, and today 918 contract(s) were bought and sold.
• Regarding BILL BILL, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on May 10, 2024. Parties traded 810 contract(s) at a $56.00 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 $64.8K, with a price of $80.0 per contract. There were 51 open contracts at this strike prior to today, and today 821 contract(s) were bought and sold.
• For ENPH ENPH, we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on May 17, 2024. This event was a transfer of 220 contract(s) at a $120.00 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 $42.2K, with a price of $192.0 per contract. There were 1058 open contracts at this strike prior to today, and today 557 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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