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 |
---|---|---|---|---|---|---|---|---|
AAPL | PUT | SWEEP | BULLISH | 01/14/22 | $172.50 | $28.1K | 18.8K | 31.5K |
NVDA | CALL | SWEEP | BULLISH | 01/14/22 | $270.00 | $73.1K | 2.8K | 12.5K |
AMD | PUT | SWEEP | BULLISH | 01/14/22 | $133.00 | $29.2K | 2.8K | 10.8K |
TSM | PUT | SWEEP | BEARISH | 01/21/22 | $140.00 | $57.0K | 1.3K | 5.7K |
MSFT | CALL | TRADE | BULLISH | 01/21/22 | $317.50 | $43.4K | 2.6K | 4.6K |
QCOM | PUT | SWEEP | BEARISH | 01/14/22 | $180.00 | $26.8K | 810 | 3.2K |
CRWD | CALL | SWEEP | BULLISH | 01/21/22 | $180.00 | $39.6K | 796 | 437 |
INTC | PUT | SWEEP | BEARISH | 05/20/22 | $60.00 | $253.3K | 257 | 422 |
SWKS | PUT | SWEEP | BEARISH | 01/21/22 | $150.00 | $45.8K | 1.5K | 358 |
INTU | CALL | SWEEP | BULLISH | 02/18/22 | $650.00 | $26.9K | 379 | 339 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on January 14, 2022. This event was a transfer of 401 contract(s) at a $172.50 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $70.0 per contract. There were 18858 open contracts at this strike prior to today, and today 31588 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 14, 2022. This event was a transfer of 254 contract(s) at a $270.00 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 $73.1K, with a price of $288.0 per contract. There were 2814 open contracts at this strike prior to today, and today 12536 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on January 14, 2022. Parties traded 178 contract(s) at a $133.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $164.0 per contract. There were 2820 open contracts at this strike prior to today, and today 10834 contract(s) were bought and sold.
• For TSM TSM, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on January 21, 2022. This event was a transfer of 212 contract(s) at a $140.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $57.0K, with a price of $269.0 per contract. There were 1313 open contracts at this strike prior to today, and today 5735 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on January 21, 2022. Parties traded 200 contract(s) at a $317.50 strike. The total cost received by the writing party (or parties) was $43.4K, with a price of $217.0 per contract. There were 2682 open contracts at this strike prior to today, and today 4653 contract(s) were bought and sold.
• Regarding QCOM QCOM, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on January 14, 2022. Parties traded 943 contract(s) at a $180.00 strike. This particular put needed to be split into 108 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $30.0 per contract. There were 810 open contracts at this strike prior to today, and today 3283 contract(s) were bought and sold.
• For CRWD CRWD, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 21, 2022. This event was a transfer of 81 contract(s) at a $180.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $490.0 per contract. There were 796 open contracts at this strike prior to today, and today 437 contract(s) were bought and sold.
• For INTC INTC, we notice a put option sweep that happens to be bearish, expiring in 127 day(s) on May 20, 2022. This event was a transfer of 340 contract(s) at a $60.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $253.3K, with a price of $745.0 per contract. There were 257 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold.
• For SWKS SWKS, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on January 21, 2022. This event was a transfer of 333 contract(s) at a $150.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $45.8K, with a price of $137.0 per contract. There were 1559 open contracts at this strike prior to today, and today 358 contract(s) were bought and sold.
• Regarding INTU INTU, we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on February 18, 2022. Parties traded 159 contract(s) at a $650.00 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 $26.9K, with a price of $170.0 per contract. There were 379 open contracts at this strike prior to today, and today 339 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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