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 | CALL | SWEEP | BULLISH | 05/06/22 | $160.00 | $107.6K | 20.4K | 36.6K |
INTC | CALL | SWEEP | BEARISH | 05/20/22 | $42.50 | $34.9K | 2.5K | 3.1K |
NVDA | CALL | TRADE | BEARISH | 05/27/22 | $225.00 | $129.2K | 5.7K | 1.6K |
CRSR | CALL | SWEEP | BEARISH | 05/20/22 | $17.50 | $28.0K | 1.5K | 1.0K |
CRM | CALL | SWEEP | BULLISH | 05/13/22 | $180.00 | $27.2K | 991 | 792 |
DOCU | PUT | SWEEP | BULLISH | 01/19/24 | $60.00 | $26.2K | 949 | 549 |
COUP | CALL | SWEEP | BULLISH | 05/13/22 | $90.00 | $33.3K | 10 | 508 |
MSFT | PUT | SWEEP | BULLISH | 05/20/22 | $270.00 | $37.8K | 8.0K | 422 |
WOLF | PUT | SWEEP | BULLISH | 05/20/22 | $75.00 | $43.1K | 113 | 421 |
ZS | PUT | TRADE | BULLISH | 01/20/23 | $210.00 | $34.2K | 6.5K | 348 |
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 2 day(s) on May 6, 2022. This event was a transfer of 299 contract(s) at a $160.00 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 $107.6K, with a price of $360.0 per contract. There were 20450 open contracts at this strike prior to today, and today 36685 contract(s) were bought and sold.
• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on May 20, 2022. This event was a transfer of 120 contract(s) at a $42.50 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 $34.9K, with a price of $291.0 per contract. There were 2593 open contracts at this strike prior to today, and today 3124 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on May 27, 2022. Parties traded 354 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $129.2K, with a price of $365.0 per contract. There were 5707 open contracts at this strike prior to today, and today 1630 contract(s) were bought and sold.
• For CRSR CRSR, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on May 20, 2022. This event was a transfer of 492 contract(s) at a $17.50 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 $28.0K, with a price of $57.0 per contract. There were 1574 open contracts at this strike prior to today, and today 1051 contract(s) were bought and sold.
• For CRM CRM, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on May 13, 2022. This event was a transfer of 54 contract(s) at a $180.00 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 $27.2K, with a price of $505.0 per contract. There were 991 open contracts at this strike prior to today, and today 792 contract(s) were bought and sold.
• Regarding DOCU DOCU, we observe a put option sweep with bullish sentiment. It expires in 625 day(s) on January 19, 2024. Parties traded 22 contract(s) at a $60.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $1195.0 per contract. There were 949 open contracts at this strike prior to today, and today 549 contract(s) were bought and sold.
• Regarding COUP COUP, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on May 13, 2022. Parties traded 92 contract(s) at a $90.00 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 $33.3K, with a price of $362.0 per contract. There were 10 open contracts at this strike prior to today, and today 508 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on May 20, 2022. Parties traded 84 contract(s) at a $270.00 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 $37.8K, with a price of $450.0 per contract. There were 8001 open contracts at this strike prior to today, and today 422 contract(s) were bought and sold.
• Regarding WOLF WOLF, we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on May 20, 2022. Parties traded 375 contract(s) at a $75.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $43.1K, with a price of $115.0 per contract. There were 113 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.
• Regarding ZS ZS, we observe a put option trade with bullish sentiment. It expires in 261 day(s) on January 20, 2023. Parties traded 8 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $4275.0 per contract. There were 6582 open contracts at this strike prior to today, and today 348 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.
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