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 | 05/24/24 | $1050.00 | $33.6K | 14.0K | 80.2K |
AAPL | CALL | SWEEP | BEARISH | 05/31/24 | $190.00 | $55.7K | 16.8K | 32.6K |
AMD | PUT | SWEEP | BEARISH | 05/31/24 | $162.50 | $28.0K | 5.3K | 14.4K |
PANW | CALL | SWEEP | BULLISH | 05/24/24 | $320.00 | $46.7K | 2.3K | 5.7K |
SMCI | PUT | SWEEP | BULLISH | 05/24/24 | $880.00 | $37.9K | 712 | 3.7K |
IREN | CALL | TRADE | BEARISH | 06/21/24 | $9.00 | $124.0K | 214 | 2.1K |
TSM | CALL | TRADE | BEARISH | 06/21/24 | $160.00 | $108.2K | 14.2K | 2.0K |
ORCL | CALL | TRADE | BULLISH | 06/14/24 | $126.00 | $64.0K | 110 | 2.0K |
MSFT | CALL | SWEEP | NEUTRAL | 06/21/24 | $430.00 | $25.5K | 13.1K | 1.2K |
PLTR | CALL | TRADE | BULLISH | 09/20/24 | $24.00 | $71.0K | 4.7K | 946 |
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 111 contract(s) at a $1050.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $300.0 per contract. There were 14053 open contracts at this strike prior to today, and today 80248 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on May 31, 2024. This event was a transfer of 328 contract(s) at a $190.00 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 $55.7K, with a price of $170.0 per contract. There were 16855 open contracts at this strike prior to today, and today 32615 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on May 31, 2024. Parties traded 163 contract(s) at a $162.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $172.0 per contract. There were 5345 open contracts at this strike prior to today, and today 14466 contract(s) were bought and sold.
• For PANW PANW, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 167 contract(s) at a $320.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $46.7K, with a price of $280.0 per contract. There were 2300 open contracts at this strike prior to today, and today 5796 contract(s) were bought and sold.
• For SMCI SMCI, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $880.00 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 $37.9K, with a price of $380.0 per contract. There were 712 open contracts at this strike prior to today, and today 3753 contract(s) were bought and sold.
• Regarding IREN IREN, we observe a call option trade with bearish sentiment. It expires in 28 day(s) on June 21, 2024. Parties traded 2000 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $124.0K, with a price of $62.0 per contract. There were 214 open contracts at this strike prior to today, and today 2114 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a call option trade with bearish sentiment. It expires in 28 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $108.2K, with a price of $541.0 per contract. There were 14261 open contracts at this strike prior to today, and today 2063 contract(s) were bought and sold.
• For ORCL ORCL, we notice a call option trade that happens to be bullish, expiring in 21 day(s) on June 14, 2024. This event was a transfer of 200 contract(s) at a $126.00 strike. The total cost received by the writing party (or parties) was $64.0K, with a price of $320.0 per contract. There were 110 open contracts at this strike prior to today, and today 2042 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with neutral sentiment. It expires in 28 day(s) on June 21, 2024. Parties traded 30 contract(s) at a $430.00 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 $25.5K, with a price of $850.0 per contract. There were 13117 open contracts at this strike prior to today, and today 1270 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option trade that happens to be bullish, expiring in 119 day(s) on September 20, 2024. This event was a transfer of 500 contract(s) at a $24.00 strike. The total cost received by the writing party (or parties) was $71.0K, with a price of $142.0 per contract. There were 4721 open contracts at this strike prior to today, and today 946 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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