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 | BULLISH | 08/20/21 | $148.00 | $41.5K | 34.4K | 72.3K |
NVDA | CALL | SWEEP | BEARISH | 08/20/21 | $205.00 | $42.0K | 41.9K | 63.3K |
AMD | CALL | SWEEP | BEARISH | 08/20/21 | $105.00 | $28.7K | 19.0K | 44.6K |
MSFT | CALL | SWEEP | BULLISH | 08/27/21 | $300.00 | $36.0K | 5.2K | 7.4K |
MU | CALL | SWEEP | NEUTRAL | 08/27/21 | $70.00 | $42.8K | 3.1K | 6.6K |
TSM | PUT | TRADE | NEUTRAL | 06/17/22 | $105.00 | $435.0K | 5.7K | 1.3K |
FOUR | CALL | SWEEP | BULLISH | 10/15/21 | $80.00 | $118.0K | 51 | 1.2K |
PLAN | CALL | SWEEP | BEARISH | 08/20/21 | $55.00 | $103.6K | 2.7K | 464 |
IBM | PUT | SWEEP | BEARISH | 09/17/21 | $140.00 | $121.2K | 7.7K | 310 |
RNG | CALL | TRADE | BEARISH | 08/20/21 | $257.50 | $30.0K | 340 | 303 |
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 bullish, expiring in 1 day(s) on August 20, 2021. This event was a transfer of 519 contract(s) at a $148.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $41.5K, with a price of $80.0 per contract. There were 34429 open contracts at this strike prior to today, and today 72318 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on August 20, 2021. Parties traded 300 contract(s) at a $205.00 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 $42.0K, with a price of $140.0 per contract. There were 41976 open contracts at this strike prior to today, and today 63342 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on August 20, 2021. Parties traded 250 contract(s) at a $105.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $115.0 per contract. There were 19090 open contracts at this strike prior to today, and today 44642 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on August 27, 2021. Parties traded 224 contract(s) at a $300.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $161.0 per contract. There were 5250 open contracts at this strike prior to today, and today 7410 contract(s) were bought and sold.
• For MU MU, we notice a call option sweep that happens to be neutral, expiring in 8 day(s) on August 27, 2021. This event was a transfer of 250 contract(s) at a $70.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $171.0 per contract. There were 3120 open contracts at this strike prior to today, and today 6607 contract(s) were bought and sold.
• For TSM TSM, we notice a put option trade that happens to be neutral, expiring in 302 day(s) on June 17, 2022. This event was a transfer of 500 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $435.0K, with a price of $870.0 per contract. There were 5726 open contracts at this strike prior to today, and today 1347 contract(s) were bought and sold.
• For FOUR FOUR, we notice a call option sweep that happens to be bullish, expiring in 57 day(s) on October 15, 2021. This event was a transfer of 200 contract(s) at a $80.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $118.0K, with a price of $590.0 per contract. There were 51 open contracts at this strike prior to today, and today 1233 contract(s) were bought and sold.
• Regarding PLAN PLAN, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on August 20, 2021. Parties traded 259 contract(s) at a $55.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $103.6K, with a price of $400.0 per contract. There were 2702 open contracts at this strike prior to today, and today 464 contract(s) were bought and sold.
• For IBM IBM, we notice a put option sweep that happens to be bearish, expiring in 29 day(s) on September 17, 2021. This event was a transfer of 303 contract(s) at a $140.00 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 $121.2K, with a price of $400.0 per contract. There were 7785 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold.
• Regarding RNG RNG, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on August 20, 2021. Parties traded 300 contract(s) at a $257.50 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $100.0 per contract. There were 340 open contracts at this strike prior to today, and today 303 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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