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.
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 |
---|---|---|---|---|---|---|---|---|
MARA | PUT | SWEEP | BEARISH | 02/17/23 | $5.00 | $113.0K | 11 | 11.5K |
AMD | PUT | SWEEP | BEARISH | 12/02/22 | $73.00 | $37.4K | 6.8K | 10.8K |
DOCU | PUT | TRADE | NEUTRAL | 01/20/23 | $110.00 | $26.3 million | 2.1K | 4.7K |
SQ | CALL | SWEEP | BEARISH | 12/09/22 | $67.00 | $101.0K | 1.2K | 2.5K |
AAPL | CALL | TRADE | BULLISH | 01/20/23 | $145.00 | $27.3K | 43.8K | 1.3K |
MRVL | PUT | TRADE | BULLISH | 01/20/23 | $40.00 | $61.1K | 5.6K | 800 |
NVDA | PUT | SWEEP | BEARISH | 12/16/22 | $160.00 | $28.3K | 6.8K | 761 |
CRWD | PUT | SWEEP | BEARISH | 01/20/23 | $230.00 | $238.2K | 271 | 445 |
MDB | PUT | SWEEP | BEARISH | 12/02/22 | $145.00 | $28.8K | 78 | 390 |
PANW | PUT | SWEEP | BULLISH | 12/09/22 | $170.00 | $96.0K | 145 | 273 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding MARA MARA, we observe a put option sweep with bearish sentiment. It expires in 79 day(s) on February 17, 2023. Parties traded 1000 contract(s) at a $5.00 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 $113.0K, with a price of $113.0 per contract. There were 11 open contracts at this strike prior to today, and today 11519 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on December 2, 2022. Parties traded 253 contract(s) at a $73.00 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 $37.4K, with a price of $148.0 per contract. There were 6845 open contracts at this strike prior to today, and today 10869 contract(s) were bought and sold.
• Regarding DOCU DOCU, we observe a put option trade with neutral sentiment. It expires in 51 day(s) on January 20, 2023. Parties traded 4000 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $26.3 million, with a price of $6587.0 per contract. There were 2132 open contracts at this strike prior to today, and today 4775 contract(s) were bought and sold.
• Regarding SQ SQ, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on December 9, 2022. Parties traded 802 contract(s) at a $67.00 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 $101.0K, with a price of $126.0 per contract. There were 1211 open contracts at this strike prior to today, and today 2591 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option trade with bullish sentiment. It expires in 51 day(s) on January 20, 2023. Parties traded 50 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $547.0 per contract. There were 43828 open contracts at this strike prior to today, and today 1387 contract(s) were bought and sold.
• For MRVL MRVL, we notice a put option trade that happens to be bullish, expiring in 51 day(s) on January 20, 2023. This event was a transfer of 239 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $61.1K, with a price of $256.0 per contract. There were 5638 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold.
• For NVDA NVDA, we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on December 16, 2022. This event was a transfer of 33 contract(s) at a $160.00 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 $28.3K, with a price of $860.0 per contract. There were 6883 open contracts at this strike prior to today, and today 761 contract(s) were bought and sold.
• For CRWD CRWD, we notice a put option sweep that happens to be bearish, expiring in 51 day(s) on January 20, 2023. This event was a transfer of 20 contract(s) at a $230.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $238.2K, with a price of $11910.0 per contract. There were 271 open contracts at this strike prior to today, and today 445 contract(s) were bought and sold.
• Regarding MDB MDB, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on December 2, 2022. Parties traded 38 contract(s) at a $145.00 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 $28.8K, with a price of $760.0 per contract. There were 78 open contracts at this strike prior to today, and today 390 contract(s) were bought and sold.
• For PANW PANW, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on December 9, 2022. This event was a transfer of 130 contract(s) at a $170.00 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 $96.0K, with a price of $730.0 per contract. There were 145 open contracts at this strike prior to today, and today 273 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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