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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BULLISH | 10/28/22 | $152.50 | $30.5K | 12.6K | 19.8K |
AMD | PUT | TRADE | BEARISH | 10/28/22 | $61.00 | $26.4K | 875 | 12.7K |
NVDA | CALL | SWEEP | BULLISH | 01/20/23 | $140.00 | $26.6K | 2.9K | 3.5K |
CFLT | CALL | TRADE | BULLISH | 01/20/23 | $40.00 | $360.0K | 803 | 3.0K |
V | CALL | SWEEP | BULLISH | 11/18/22 | $200.00 | $41.4K | 3.6K | 550 |
RNG | PUT | SWEEP | NEUTRAL | 11/18/22 | $35.00 | $82.1K | 1.0K | 515 |
IT | CALL | TRADE | BEARISH | 12/16/22 | $280.00 | $37.8K | 3.0K | 505 |
MRVL | CALL | TRADE | BEARISH | 10/28/22 | $39.00 | $29.8K | 923 | 431 |
NICE | PUT | TRADE | BEARISH | 02/17/23 | $200.00 | $42.2K | 0 | 425 |
TXN | PUT | TRADE | BULLISH | 11/04/22 | $160.00 | $25.2K | 52 | 336 |
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 3 day(s) on October 28, 2022. This event was a transfer of 100 contract(s) at a $152.50 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 $30.5K, with a price of $305.0 per contract. There were 12604 open contracts at this strike prior to today, and today 19808 contract(s) were bought and sold.
• For AMD AMD, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on October 28, 2022. This event was a transfer of 200 contract(s) at a $61.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $132.0 per contract. There were 875 open contracts at this strike prior to today, and today 12777 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 87 day(s) on January 20, 2023. This event was a transfer of 22 contract(s) at a $140.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $1210.0 per contract. There were 2996 open contracts at this strike prior to today, and today 3577 contract(s) were bought and sold.
• Regarding CFLT CFLT, we observe a call option trade with bullish sentiment. It expires in 87 day(s) on January 20, 2023. Parties traded 3000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $360.0K, with a price of $120.0 per contract. There were 803 open contracts at this strike prior to today, and today 3059 contract(s) were bought and sold.
• For V V, we notice a call option sweep that happens to be bullish, expiring in 24 day(s) on November 18, 2022. This event was a transfer of 92 contract(s) at a $200.00 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 $41.4K, with a price of $450.0 per contract. There were 3661 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold.
• Regarding RNG RNG, we observe a put option sweep with neutral sentiment. It expires in 24 day(s) on November 18, 2022. Parties traded 249 contract(s) at a $35.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $82.1K, with a price of $330.0 per contract. There were 1034 open contracts at this strike prior to today, and today 515 contract(s) were bought and sold.
• For IT IT, we notice a call option trade that happens to be bearish, expiring in 52 day(s) on December 16, 2022. This event was a transfer of 14 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $2700.0 per contract. There were 3007 open contracts at this strike prior to today, and today 505 contract(s) were bought and sold.
• For MRVL MRVL, we notice a call option trade that happens to be bearish, expiring in 3 day(s) on October 28, 2022. This event was a transfer of 150 contract(s) at a $39.00 strike. The total cost received by the writing party (or parties) was $29.8K, with a price of $199.0 per contract. There were 923 open contracts at this strike prior to today, and today 431 contract(s) were bought and sold.
• Regarding NICE NICE, we observe a put option trade with bearish sentiment. It expires in 115 day(s) on February 17, 2023. Parties traded 25 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $42.2K, with a price of $1690.0 per contract. There were 0 open contracts at this strike prior to today, and today 425 contract(s) were bought and sold.
• For TXN TXN, we notice a put option trade that happens to be bullish, expiring in 10 day(s) on November 4, 2022. This event was a transfer of 50 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $505.0 per contract. There were 52 open contracts at this strike prior to today, and today 336 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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