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.
Below are some instances of options activity happening in the Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BEARISH | 07/19/24 | $135.00 | $35.5K | 94.5K | 61.3K |
AAPL | CALL | SWEEP | BULLISH | 07/19/24 | $232.50 | $31.8K | 17.6K | 29.1K |
MARA | PUT | SWEEP | BEARISH | 07/19/24 | $20.00 | $32.8K | 4.7K | 3.6K |
WDC | CALL | SWEEP | BULLISH | 10/18/24 | $80.00 | $30.4K | 6.6K | 1.8K |
ADSK | CALL | TRADE | BULLISH | 09/20/24 | $260.00 | $27.7K | 1.1K | 1.3K |
AVGO | CALL | SWEEP | BEARISH | 07/19/24 | $1720.00 | $128.5K | 875 | 1.0K |
MSTR | CALL | TRADE | BEARISH | 07/19/24 | $1500.00 | $48.3K | 1.1K | 845 |
SEDG | CALL | TRADE | BULLISH | 06/20/25 | $40.00 | $71.0K | 1.4K | 755 |
CRM | CALL | TRADE | BEARISH | 06/18/26 | $280.00 | $53.4K | 2.0K | 702 |
INTC | PUT | SWEEP | BULLISH | 06/20/25 | $40.00 | $25.9K | 1.0K | 613 |
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 7 day(s) on July 19, 2024. This event was a transfer of 212 contract(s) at a $135.00 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 $35.5K, with a price of $168.0 per contract. There were 94515 open contracts at this strike prior to today, and today 61304 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 July 19, 2024. Parties traded 125 contract(s) at a $232.50 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 $31.8K, with a price of $255.0 per contract. There were 17684 open contracts at this strike prior to today, and today 29108 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on July 19, 2024. Parties traded 497 contract(s) at a $20.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $66.0 per contract. There were 4744 open contracts at this strike prior to today, and today 3603 contract(s) were bought and sold.
• Regarding WDC WDC, we observe a call option sweep with bullish sentiment. It expires in 98 day(s) on October 18, 2024. Parties traded 49 contract(s) at a $80.00 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 $30.4K, with a price of $622.0 per contract. There were 6643 open contracts at this strike prior to today, and today 1894 contract(s) were bought and sold.
• For ADSK ADSK, we notice a call option trade that happens to be bullish, expiring in 70 day(s) on September 20, 2024. This event was a transfer of 25 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $1110.0 per contract. There were 1187 open contracts at this strike prior to today, and today 1341 contract(s) were bought and sold.
• Regarding AVGO AVGO, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on July 19, 2024. Parties traded 35 contract(s) at a $1720.00 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 $128.5K, with a price of $3666.0 per contract. There were 875 open contracts at this strike prior to today, and today 1082 contract(s) were bought and sold.
• Regarding MSTR MSTR, we observe a call option trade with bearish sentiment. It expires in 7 day(s) on July 19, 2024. Parties traded 15 contract(s) at a $1500.00 strike. The total cost received by the writing party (or parties) was $48.3K, with a price of $3225.0 per contract. There were 1189 open contracts at this strike prior to today, and today 845 contract(s) were bought and sold.
• For SEDG SEDG, we notice a call option trade that happens to be bullish, expiring in 343 day(s) on June 20, 2025. This event was a transfer of 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $71.0K, with a price of $710.0 per contract. There were 1448 open contracts at this strike prior to today, and today 755 contract(s) were bought and sold.
• For CRM CRM, we notice a call option trade that happens to be bearish, expiring in 706 day(s) on June 18, 2026. This event was a transfer of 12 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $53.4K, with a price of $4454.0 per contract. There were 2023 open contracts at this strike prior to today, and today 702 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 343 day(s) on June 20, 2025. Parties traded 35 contract(s) at a $40.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $742.0 per contract. There were 1012 open contracts at this strike prior to today, and today 613 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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