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.
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 | BULLISH | 11/08/24 | $145.00 | $30.2K | 59.8K | 115.2K |
MARA | CALL | TRADE | BULLISH | 11/15/24 | $20.00 | $61.8K | 19.9K | 16.2K |
AAPL | CALL | SWEEP | BULLISH | 01/17/25 | $200.00 | $55.2K | 128.8K | 14.8K |
PLTR | CALL | SWEEP | BULLISH | 01/17/25 | $65.00 | $31.3K | 7.7K | 3.2K |
ZS | PUT | TRADE | BEARISH | 03/21/25 | $160.00 | $2.2 million | 1.1K | 3.1K |
AMD | CALL | SWEEP | BEARISH | 12/20/24 | $170.00 | $146.4K | 9.4K | 2.2K |
SMCI | CALL | SWEEP | BULLISH | 01/16/26 | $45.00 | $100.3K | 3.3K | 1.2K |
CSCO | PUT | SWEEP | BEARISH | 11/15/24 | $57.00 | $37.2K | 1.6K | 711 |
MSTR | CALL | TRADE | NEUTRAL | 11/15/24 | $230.00 | $30.0K | 1.6K | 578 |
QCOM | PUT | SWEEP | BULLISH | 11/15/24 | $170.00 | $66.1K | 3.3K | 467 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 8, 2024. Parties traded 159 contract(s) at a $145.00 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 $30.2K, with a price of $190.0 per contract. There were 59807 open contracts at this strike prior to today, and today 115290 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on November 15, 2024. Parties traded 711 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $61.8K, with a price of $87.0 per contract. There were 19906 open contracts at this strike prior to today, and today 16286 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $200.00 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 $55.2K, with a price of $2760.0 per contract. There were 128880 open contracts at this strike prior to today, and today 14851 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on January 17, 2025. Parties traded 257 contract(s) at a $65.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $122.0 per contract. There were 7742 open contracts at this strike prior to today, and today 3265 contract(s) were bought and sold.
• For ZS ZS, we notice a put option trade that happens to be bearish, expiring in 135 day(s) on March 21, 2025. This event was a transfer of 3125 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $2.2 million, with a price of $730.0 per contract. There were 1169 open contracts at this strike prior to today, and today 3125 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on December 20, 2024. Parties traded 1077 contract(s) at a $170.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $146.4K, with a price of $136.0 per contract. There were 9408 open contracts at this strike prior to today, and today 2252 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option sweep with bullish sentiment. It expires in 436 day(s) on January 16, 2026. Parties traded 300 contract(s) at a $45.00 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 $100.3K, with a price of $335.0 per contract. There were 3384 open contracts at this strike prior to today, and today 1263 contract(s) were bought and sold.
• For CSCO CSCO, we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on November 15, 2024. This event was a transfer of 300 contract(s) at a $57.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $124.0 per contract. There were 1687 open contracts at this strike prior to today, and today 711 contract(s) were bought and sold.
• For MSTR MSTR, we notice a call option trade that happens to be neutral, expiring in 9 day(s) on November 15, 2024. This event was a transfer of 10 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $3007.0 per contract. There were 1677 open contracts at this strike prior to today, and today 578 contract(s) were bought and sold.
• For QCOM QCOM, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on November 15, 2024. This event was a transfer of 105 contract(s) at a $170.00 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 $66.1K, with a price of $630.0 per contract. There were 3344 open contracts at this strike prior to today, and today 467 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.