10 Communication Services Stocks Whale Activity In Today's Session

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:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding META META, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on June 21, 2024. Parties traded 293 contract(s) at a $510.00 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 $118.3K, with a price of $405.0 per contract. There were 7439 open contracts at this strike prior to today, and today 9092 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on June 21, 2024. Parties traded 1000 contract(s) at a $180.00 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 $125.0K, with a price of $125.0 per contract. There were 30693 open contracts at this strike prior to today, and today 6682 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on June 21, 2024. This event was a transfer of 53 contract(s) at a $675.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $45.3K, with a price of $857.0 per contract. There were 1663 open contracts at this strike prior to today, and today 3649 contract(s) were bought and sold.

• Regarding ASTS ASTS, we observe a call option sweep with bearish sentiment. It expires in 578 day(s) on January 16, 2026. Parties traded 360 contract(s) at a $15.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $148.7K, with a price of $410.0 per contract. There were 5356 open contracts at this strike prior to today, and today 1148 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option trade that happens to be bearish, expiring in 60 day(s) on August 16, 2024. This event was a transfer of 25 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $1321.0 per contract. There were 3142 open contracts at this strike prior to today, and today 593 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a put option trade with bullish sentiment. It expires in 95 day(s) on September 20, 2024. Parties traded 76 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $54.2K, with a price of $714.0 per contract. There were 3908 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For PARA PARA, we notice a call option trade that happens to be bearish, expiring in 95 day(s) on September 20, 2024. This event was a transfer of 864 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $99.3K, with a price of $115.0 per contract. There were 3082 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold.

• For DJT DJT, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on June 21, 2024. This event was a transfer of 116 contract(s) at a $30.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $57.4K, with a price of $495.0 per contract. There were 535 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold.

• Regarding CHTR CHTR, we observe a put option sweep with bearish sentiment. It expires in 214 day(s) on January 17, 2025. Parties traded 34 contract(s) at a $230.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.1K, with a price of $1150.0 per contract. There were 301 open contracts at this strike prior to today, and today 55 contract(s) were bought and sold.

• For BIDU BIDU, we notice a put option sweep that happens to be bullish, expiring in 578 day(s) on January 16, 2026. This event was a transfer of 80 contract(s) at a $90.00 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 $112.0K, with a price of $1400.0 per contract. There were 335 open contracts at this strike prior to today, and today 44 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.