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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 | PUT | TRADE | BEARISH | 09/13/24 | $105.00 | $30.9K | 22.8K | 69.4K |
PLTR | CALL | SWEEP | BULLISH | 09/20/24 | $34.50 | $246.4K | 2.3K | 6.0K |
MU | CALL | SWEEP | BULLISH | 09/20/24 | $90.00 | $161.7K | 7.4K | 4.0K |
AMD | PUT | SWEEP | BULLISH | 09/13/24 | $140.00 | $49.8K | 2.6K | 1.9K |
SMCI | CALL | TRADE | BULLISH | 09/13/24 | $405.00 | $27.7K | 252 | 1.5K |
MSTR | CALL | SWEEP | BEARISH | 09/13/24 | $133.00 | $83.9K | 1.9K | 823 |
MARA | CALL | TRADE | BULLISH | 10/18/24 | $16.00 | $29.0K | 3.6K | 782 |
TSM | PUT | SWEEP | BULLISH | 09/20/24 | $155.00 | $30.9K | 8.0K | 462 |
COMM | CALL | SWEEP | BEARISH | 01/17/25 | $5.00 | $55.0K | 5.3K | 422 |
FIVN | PUT | SWEEP | BEARISH | 10/18/24 | $25.00 | $33.1K | 61 | 323 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on September 13, 2024. Parties traded 180 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $30.9K, with a price of $172.0 per contract. There were 22876 open contracts at this strike prior to today, and today 69420 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on September 20, 2024. This event was a transfer of 2143 contract(s) at a $34.50 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $246.4K, with a price of $115.0 per contract. There were 2336 open contracts at this strike prior to today, and today 6050 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on September 20, 2024. Parties traded 1100 contract(s) at a $90.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $161.7K, with a price of $147.0 per contract. There were 7479 open contracts at this strike prior to today, and today 4032 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on September 13, 2024. This event was a transfer of 208 contract(s) at a $140.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $49.8K, with a price of $238.0 per contract. There were 2682 open contracts at this strike prior to today, and today 1971 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on September 13, 2024. Parties traded 22 contract(s) at a $405.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $1260.0 per contract. There were 252 open contracts at this strike prior to today, and today 1583 contract(s) were bought and sold.
• For MSTR MSTR, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on September 13, 2024. This event was a transfer of 575 contract(s) at a $133.00 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 $83.9K, with a price of $143.0 per contract. There were 1994 open contracts at this strike prior to today, and today 823 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bullish sentiment. It expires in 38 day(s) on October 18, 2024. Parties traded 200 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 3607 open contracts at this strike prior to today, and today 782 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on September 20, 2024. Parties traded 125 contract(s) at a $155.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.9K, with a price of $248.0 per contract. There were 8066 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold.
• Regarding COMM COMM, we observe a call option sweep with bearish sentiment. It expires in 129 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $5.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 5365 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold.
• Regarding FIVN FIVN, we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on October 18, 2024. Parties traded 316 contract(s) at a $25.00 strike. This particular put needed to be split into 74 different trades to become filled. The total cost received by the writing party (or parties) was $33.1K, with a price of $105.0 per contract. There were 61 open contracts at this strike prior to today, and today 323 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.