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 | TRADE | BULLISH | 12/13/24 | $139.00 | $31.2K | 23.0K | 46.5K |
AMD | PUT | SWEEP | BULLISH | 12/13/24 | $125.00 | $25.9K | 10.1K | 15.5K |
MSTR | CALL | TRADE | BEARISH | 12/13/24 | $400.00 | $41.7K | 10.3K | 9.2K |
QBTS | CALL | TRADE | BEARISH | 12/20/24 | $4.00 | $30.0K | 8.0K | 9.2K |
U | CALL | SWEEP | BEARISH | 01/17/25 | $30.00 | $85.0K | 30.6K | 7.0K |
MARA | PUT | SWEEP | BEARISH | 01/03/25 | $23.00 | $26.3K | 258 | 6.9K |
MSFT | CALL | TRADE | BULLISH | 12/20/24 | $450.00 | $52.8K | 33.4K | 5.7K |
AVGO | CALL | SWEEP | BULLISH | 12/20/24 | $180.00 | $79.0K | 14.8K | 5.0K |
SMCI | CALL | TRADE | BEARISH | 12/20/24 | $38.00 | $45.0K | 5.4K | 4.7K |
GLW | CALL | SWEEP | BULLISH | 12/20/24 | $49.00 | $36.1K | 1.5K | 3.5K |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on December 13, 2024. This event was a transfer of 200 contract(s) at a $139.00 strike. The total cost received by the writing party (or parties) was $31.2K, with a price of $156.0 per contract. There were 23050 open contracts at this strike prior to today, and today 46515 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on December 13, 2024. Parties traded 718 contract(s) at a $125.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $36.0 per contract. There were 10158 open contracts at this strike prior to today, and today 15573 contract(s) were bought and sold.
• For MSTR MSTR, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on December 13, 2024. This event was a transfer of 25 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $1668.0 per contract. There were 10377 open contracts at this strike prior to today, and today 9274 contract(s) were bought and sold.
• For QBTS QBTS, we notice a call option trade that happens to be bearish, expiring in 9 day(s) on December 20, 2024. This event was a transfer of 500 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $60.0 per contract. There were 8091 open contracts at this strike prior to today, and today 9233 contract(s) were bought and sold.
• For U U, we notice a call option sweep that happens to be bearish, expiring in 37 day(s) on January 17, 2025. This event was a transfer of 350 contract(s) at a $30.00 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 $85.0K, with a price of $243.0 per contract. There were 30674 open contracts at this strike prior to today, and today 7037 contract(s) were bought and sold.
• For MARA MARA, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on January 3, 2025. This event was a transfer of 122 contract(s) at a $23.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $216.0 per contract. There were 258 open contracts at this strike prior to today, and today 6925 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $52.8K, with a price of $528.0 per contract. There were 33410 open contracts at this strike prior to today, and today 5777 contract(s) were bought and sold.
• Regarding AVGO AVGO, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on December 20, 2024. Parties traded 100 contract(s) at a $180.00 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 $79.0K, with a price of $791.0 per contract. There were 14859 open contracts at this strike prior to today, and today 5038 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option trade with bearish sentiment. It expires in 9 day(s) on December 20, 2024. Parties traded 200 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $225.0 per contract. There were 5433 open contracts at this strike prior to today, and today 4766 contract(s) were bought and sold.
• Regarding GLW GLW, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on December 20, 2024. Parties traded 770 contract(s) at a $49.00 strike. This particular call needed to be split into 74 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $46.0 per contract. There were 1523 open contracts at this strike prior to today, and today 3571 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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