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.
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 |
---|---|---|---|---|---|---|---|---|
AMD | PUT | TRADE | BULLISH | 01/20/23 | $70.00 | $38.6K | 33.9K | 36.9K |
AAPL | PUT | TRADE | BULLISH | 11/18/22 | $152.50 | $44.6K | 9.9K | 22.9K |
MARA | PUT | SWEEP | BEARISH | 01/20/23 | $7.00 | $82.7K | 35.2K | 15.4K |
TSM | PUT | SWEEP | BULLISH | 01/20/23 | $60.00 | $27.7K | 18.4K | 8.7K |
NVDA | CALL | TRADE | BEARISH | 11/18/22 | $180.00 | $25.6K | 11.9K | 7.5K |
MSFT | CALL | SWEEP | BEARISH | 11/18/22 | $255.00 | $58.0K | 9.4K | 6.0K |
MMAT | CALL | SWEEP | BULLISH | 01/20/23 | $3.00 | $25.0K | 21.6K | 4.6K |
V | CALL | SWEEP | BEARISH | 12/16/22 | $220.00 | $40.8K | 3.7K | 2.8K |
MSTR | PUT | TRADE | BEARISH | 12/16/22 | $150.00 | $73.9K | 930 | 1.0K |
TXN | CALL | TRADE | BEARISH | 12/16/22 | $165.00 | $34.7K | 3.5K | 886 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AMD AMD, we observe a put option trade with bullish sentiment. It expires in 66 day(s) on January 20, 2023. Parties traded 100 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $38.6K, with a price of $386.0 per contract. There were 33990 open contracts at this strike prior to today, and today 36903 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on November 18, 2022. This event was a transfer of 200 contract(s) at a $152.50 strike. The total cost received by the writing party (or parties) was $44.6K, with a price of $223.0 per contract. There were 9983 open contracts at this strike prior to today, and today 22937 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a put option sweep with bearish sentiment. It expires in 66 day(s) on January 20, 2023. Parties traded 788 contract(s) at a $7.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $82.7K, with a price of $105.0 per contract. There were 35243 open contracts at this strike prior to today, and today 15495 contract(s) were bought and sold.
• For TSM TSM, we notice a put option sweep that happens to be bullish, expiring in 66 day(s) on January 20, 2023. This event was a transfer of 470 contract(s) at a $60.00 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 $27.7K, with a price of $59.0 per contract. There were 18433 open contracts at this strike prior to today, and today 8795 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option trade that happens to be bearish, expiring in 3 day(s) on November 18, 2022. This event was a transfer of 100 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $256.0 per contract. There were 11985 open contracts at this strike prior to today, and today 7587 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on November 18, 2022. Parties traded 2000 contract(s) at a $255.00 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 $58.0K, with a price of $29.0 per contract. There were 9424 open contracts at this strike prior to today, and today 6021 contract(s) were bought and sold.
• For MMAT MMAT, we notice a call option sweep that happens to be bullish, expiring in 66 day(s) on January 20, 2023. This event was a transfer of 1000 contract(s) at a $3.00 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 $25.0K, with a price of $25.0 per contract. There were 21615 open contracts at this strike prior to today, and today 4660 contract(s) were bought and sold.
• For V V, we notice a call option sweep that happens to be bearish, expiring in 31 day(s) on December 16, 2022. This event was a transfer of 121 contract(s) at a $220.00 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 $40.8K, with a price of $338.0 per contract. There were 3775 open contracts at this strike prior to today, and today 2858 contract(s) were bought and sold.
• For MSTR MSTR, we notice a put option trade that happens to be bearish, expiring in 31 day(s) on December 16, 2022. This event was a transfer of 44 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $73.9K, with a price of $1680.0 per contract. There were 930 open contracts at this strike prior to today, and today 1001 contract(s) were bought and sold.
• For TXN TXN, we notice a call option trade that happens to be bearish, expiring in 31 day(s) on December 16, 2022. This event was a transfer of 20 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $34.7K, with a price of $1735.0 per contract. There were 3540 open contracts at this strike prior to today, and today 886 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.
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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