This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming 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 | 05/07/21 | $129.00 | $33.9K | 2.0K | 37.8K |
NUAN | PUT | TRADE | BEARISH | 05/21/21 | $50.00 | $46.9K | 18.1K | 8.9K |
MSFT | CALL | TRADE | BEARISH | 06/18/21 | $250.00 | $605.0K | 35.4K | 6.5K |
WDC | CALL | TRADE | BEARISH | 01/21/22 | $110.00 | $25.1K | 131 | 6.0K |
AMD | PUT | TRADE | NEUTRAL | 06/17/22 | $70.00 | $422.5K | 8.9K | 3.9K |
MU | PUT | SWEEP | BULLISH | 05/21/21 | $80.00 | $390.0K | 14.9K | 2.8K |
MARA | CALL | SWEEP | BEARISH | 05/07/21 | $33.00 | $31.5K | 321 | 2.3K |
INFY | PUT | TRADE | BULLISH | 01/21/22 | $17.00 | $187.5K | 4.3K | 1.5K |
CRM | CALL | SWEEP | NEUTRAL | 06/18/21 | $250.00 | $43.7K | 9.2K | 911 |
AMAT | CALL | SWEEP | BULLISH | 05/21/21 | $138.00 | $108.9K | 246 | 868 |
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 3 day(s) on May 7, 2021. This event was a transfer of 441 contract(s) at a $129.00 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 $33.9K, with a price of $77.0 per contract. There were 2023 open contracts at this strike prior to today, and today 37818 contract(s) were bought and sold.
• Regarding NUAN NUAN, we observe a put option trade with bearish sentiment. It expires in 17 day(s) on May 21, 2021. Parties traded 3754 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $46.9K, with a price of $12.5 per contract. There were 18131 open contracts at this strike prior to today, and today 8908 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 45 day(s) on June 18, 2021. Parties traded 1000 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $605.0K, with a price of $605.0 per contract. There were 35452 open contracts at this strike prior to today, and today 6581 contract(s) were bought and sold.
• For WDC WDC, we notice a call option trade that happens to be bearish, expiring in 262 day(s) on January 21, 2022. This event was a transfer of 211 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $119.0 per contract. There were 131 open contracts at this strike prior to today, and today 6023 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option trade with neutral sentiment. It expires in 409 day(s) on June 17, 2022. Parties traded 500 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $422.5K, with a price of $845.0 per contract. There were 8906 open contracts at this strike prior to today, and today 3943 contract(s) were bought and sold.
• For MU MU, we notice a put option sweep that happens to be bullish, expiring in 17 day(s) on May 21, 2021. This event was a transfer of 2500 contract(s) at a $80.00 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 $390.0K, with a price of $156.0 per contract. There were 14921 open contracts at this strike prior to today, and today 2874 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on May 7, 2021. Parties traded 210 contract(s) at a $33.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $151.0 per contract. There were 321 open contracts at this strike prior to today, and today 2390 contract(s) were bought and sold.
• For INFY INFY, we notice a put option trade that happens to be bullish, expiring in 262 day(s) on January 21, 2022. This event was a transfer of 1500 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $187.5K, with a price of $125.0 per contract. There were 4377 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.
• For CRM CRM, we notice a call option sweep that happens to be neutral, expiring in 45 day(s) on June 18, 2021. This event was a transfer of 263 contract(s) at a $250.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $43.7K, with a price of $167.0 per contract. There were 9227 open contracts at this strike prior to today, and today 911 contract(s) were bought and sold.
• For AMAT AMAT, we notice a call option sweep that happens to be bullish, expiring in 17 day(s) on May 21, 2021. This event was a transfer of 857 contract(s) at a $138.00 strike. This particular call needed to be split into 53 different trades to become filled. The total cost received by the writing party (or parties) was $108.9K, with a price of $127.0 per contract. There were 246 open contracts at this strike prior to today, and today 868 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.
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