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 | TRADE | BEARISH | 09/17/21 | $155.00 | $30.8K | 106.5K | 132.7K |
MSFT | CALL | SWEEP | BULLISH | 09/17/21 | $300.00 | $63.2K | 37.2K | 12.9K |
REKR | CALL | SWEEP | BEARISH | 09/17/21 | $15.00 | $58.4K | 1.7K | 2.6K |
V | PUT | SWEEP | BEARISH | 09/10/21 | $227.50 | $47.6K | 992 | 1.2K |
XRX | CALL | SWEEP | BULLISH | 10/15/21 | $23.00 | $32.1K | 10.2K | 1.0K |
INTC | PUT | SWEEP | BEARISH | 09/17/21 | $55.00 | $28.8K | 20.7K | 940 |
CSCO | CALL | TRADE | BEARISH | 10/15/21 | $57.50 | $40.3K | 1.8K | 834 |
NVDA | CALL | SWEEP | BEARISH | 01/21/22 | $330.00 | $34.9K | 203 | 742 |
DDOG | PUT | TRADE | BEARISH | 10/15/21 | $115.00 | $35.5K | 1.2K | 452 |
TDC | PUT | SWEEP | BULLISH | 09/17/21 | $52.50 | $74.1K | 1.6K | 446 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on September 17, 2021. This event was a transfer of 400 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $77.0 per contract. There were 106563 open contracts at this strike prior to today, and today 132767 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on September 17, 2021. Parties traded 287 contract(s) at a $300.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $63.2K, with a price of $221.0 per contract. There were 37214 open contracts at this strike prior to today, and today 12997 contract(s) were bought and sold.
• Regarding REKR REKR, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on September 17, 2021. Parties traded 1948 contract(s) at a $15.00 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 $58.4K, with a price of $30.0 per contract. There were 1785 open contracts at this strike prior to today, and today 2691 contract(s) were bought and sold.
• For V V, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 331 contract(s) at a $227.50 strike. This particular put needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $47.6K, with a price of $144.0 per contract. There were 992 open contracts at this strike prior to today, and today 1251 contract(s) were bought and sold.
• For XRX XRX, we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on October 15, 2021. This event was a transfer of 1074 contract(s) at a $23.00 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 $32.1K, with a price of $30.0 per contract. There were 10240 open contracts at this strike prior to today, and today 1090 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on September 17, 2021. Parties traded 276 contract(s) at a $55.00 strike. This particular put needed to be split into 86 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $104.0 per contract. There were 20790 open contracts at this strike prior to today, and today 940 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a call option trade with bearish sentiment. It expires in 35 day(s) on October 15, 2021. Parties traded 243 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $40.3K, with a price of $166.0 per contract. There were 1898 open contracts at this strike prior to today, and today 834 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 133 day(s) on January 21, 2022. This event was a transfer of 273 contract(s) at a $330.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K, with a price of $128.0 per contract. There were 203 open contracts at this strike prior to today, and today 742 contract(s) were bought and sold.
• Regarding DDOG DDOG, we observe a put option trade with bearish sentiment. It expires in 35 day(s) on October 15, 2021. Parties traded 450 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $35.5K, with a price of $79.0 per contract. There were 1267 open contracts at this strike prior to today, and today 452 contract(s) were bought and sold.
• Regarding TDC TDC, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on September 17, 2021. Parties traded 380 contract(s) at a $52.50 strike. This particular put needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $74.1K, with a price of $195.0 per contract. There were 1684 open contracts at this strike prior to today, and today 446 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.
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