This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of unusual options activity happening in the Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BEARISH | 04/16/21 | $132.00 | $25.4K | 25.6K | 51.3K |
MSFT | CALL | SWEEP | BEARISH | 04/16/21 | $255.00 | $74.2K | 20.6K | 18.9K |
NVDA | CALL | SWEEP | BEARISH | 04/16/21 | $600.00 | $176.2K | 7.0K | 16.7K |
AMD | CALL | SWEEP | BULLISH | 04/16/21 | $82.00 | $25.2K | 4.7K | 10.5K |
INTC | CALL | SWEEP | NEUTRAL | 04/16/21 | $67.00 | $37.4K | 4.2K | 3.0K |
FUBO | PUT | TRADE | BEARISH | 04/16/21 | $22.00 | $36.9K | 2.0K | 2.7K |
EBON | PUT | TRADE | BEARISH | 05/21/21 | $5.00 | $26.6K | 10.2K | 1.0K |
AMAT | CALL | SWEEP | BULLISH | 04/16/21 | $136.00 | $115.1K | 61 | 707 |
TSM | PUT | TRADE | BULLISH | 06/18/21 | $115.00 | $178.0K | 2.9K | 652 |
HIMX | CALL | SWEEP | BULLISH | 05/21/21 | $16.00 | $35.5K | 6.0K | 627 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on April 16, 2021. This event was a transfer of 200 contract(s) at a $132.00 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 $25.4K, with a price of $127.0 per contract. There were 25684 open contracts at this strike prior to today, and today 51377 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on April 16, 2021. This event was a transfer of 200 contract(s) at a $255.00 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 $74.2K, with a price of $369.0 per contract. There were 20695 open contracts at this strike prior to today, and today 18974 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on April 16, 2021. Parties traded 273 contract(s) at a $600.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $176.2K, with a price of $640.0 per contract. There were 7073 open contracts at this strike prior to today, and today 16715 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on April 16, 2021. Parties traded 252 contract(s) at a $82.00 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 $25.2K, with a price of $100.0 per contract. There were 4787 open contracts at this strike prior to today, and today 10521 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on April 16, 2021. Parties traded 467 contract(s) at a $67.00 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 $37.4K, with a price of $80.0 per contract. There were 4212 open contracts at this strike prior to today, and today 3067 contract(s) were bought and sold.
• Regarding FUBO FUBO, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on April 16, 2021. Parties traded 300 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $123.0 per contract. There were 2044 open contracts at this strike prior to today, and today 2719 contract(s) were bought and sold.
• For EBON EBON, we notice a put option trade that happens to be bearish, expiring in 39 day(s) on May 21, 2021. This event was a transfer of 200 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $133.0 per contract. There were 10235 open contracts at this strike prior to today, and today 1086 contract(s) were bought and sold.
• For AMAT AMAT, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on April 16, 2021. This event was a transfer of 514 contract(s) at a $136.00 strike. This particular call needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $115.1K, with a price of $224.0 per contract. There were 61 open contracts at this strike prior to today, and today 707 contract(s) were bought and sold.
• For TSM TSM, we notice a put option trade that happens to be bullish, expiring in 67 day(s) on June 18, 2021. This event was a transfer of 400 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $178.0K, with a price of $445.0 per contract. There were 2961 open contracts at this strike prior to today, and today 652 contract(s) were bought and sold.
• Regarding HIMX HIMX, we observe a call option sweep with bullish sentiment. It expires in 39 day(s) on May 21, 2021. Parties traded 550 contract(s) at a $16.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $35.5K, with a price of $65.0 per contract. There were 6004 open contracts at this strike prior to today, and today 627 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.
© 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.