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 |
---|---|---|---|---|---|---|---|---|
CRM | PUT | SWEEP | BULLISH | 02/17/23 | $115.00 | $27.4K | 1.7K | 10.3K |
AAPL | PUT | TRADE | BEARISH | 12/16/22 | $145.00 | $47.1K | 54.2K | 6.2K |
FORG | PUT | TRADE | BEARISH | 04/21/23 | $20.00 | $172.6K | 191 | 5.0K |
NVDA | CALL | SWEEP | BULLISH | 01/20/23 | $200.00 | $80.0K | 15.8K | 2.7K |
RXT | PUT | SWEEP | BEARISH | 05/19/23 | $2.50 | $27.5K | 355 | 1.5K |
VRNS | CALL | SWEEP | BULLISH | 01/20/23 | $25.00 | $35.6K | 5 | 1.1K |
ON | PUT | SWEEP | BEARISH | 01/20/23 | $70.00 | $395.1K | 2.1K | 1.0K |
OKTA | CALL | TRADE | BULLISH | 01/20/23 | $65.00 | $25.7K | 1.2K | 702 |
MSFT | CALL | TRADE | NEUTRAL | 02/17/23 | $255.00 | $56.2K | 2.9K | 670 |
ADSK | CALL | SWEEP | BULLISH | 12/30/22 | $200.00 | $110.7K | 13 | 442 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding CRM CRM, we observe a put option sweep with bullish sentiment. It expires in 70 day(s) on February 17, 2023. Parties traded 90 contract(s) at a $115.00 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 $27.4K, with a price of $305.0 per contract. There were 1720 open contracts at this strike prior to today, and today 10329 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option trade that happens to be bearish, expiring in 7 day(s) on December 16, 2022. This event was a transfer of 150 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $47.1K, with a price of $314.0 per contract. There were 54208 open contracts at this strike prior to today, and today 6244 contract(s) were bought and sold.
• For FORG FORG, we notice a put option trade that happens to be bearish, expiring in 133 day(s) on April 21, 2023. This event was a transfer of 4604 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $172.6K, with a price of $37.5 per contract. There were 191 open contracts at this strike prior to today, and today 5005 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 42 day(s) on January 20, 2023. This event was a transfer of 200 contract(s) at a $200.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $80.0K, with a price of $400.0 per contract. There were 15888 open contracts at this strike prior to today, and today 2717 contract(s) were bought and sold.
• Regarding RXT RXT, we observe a put option sweep with bearish sentiment. It expires in 161 day(s) on May 19, 2023. Parties traded 788 contract(s) at a $2.50 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $35.0 per contract. There were 355 open contracts at this strike prior to today, and today 1598 contract(s) were bought and sold.
• Regarding VRNS VRNS, we observe a call option sweep with bullish sentiment. It expires in 42 day(s) on January 20, 2023. Parties traded 647 contract(s) at a $25.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $35.6K, with a price of $55.0 per contract. There were 5 open contracts at this strike prior to today, and today 1106 contract(s) were bought and sold.
• Regarding ON ON, we observe a put option sweep with bearish sentiment. It expires in 42 day(s) on January 20, 2023. Parties traded 1000 contract(s) at a $70.00 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 $395.1K, with a price of $395.0 per contract. There were 2162 open contracts at this strike prior to today, and today 1025 contract(s) were bought and sold.
• For OKTA OKTA, we notice a call option trade that happens to be bullish, expiring in 42 day(s) on January 20, 2023. This event was a transfer of 46 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $560.0 per contract. There were 1247 open contracts at this strike prior to today, and today 702 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with neutral sentiment. It expires in 70 day(s) on February 17, 2023. Parties traded 50 contract(s) at a $255.00 strike. The total cost received by the writing party (or parties) was $56.2K, with a price of $1125.0 per contract. There were 2904 open contracts at this strike prior to today, and today 670 contract(s) were bought and sold.
• For ADSK ADSK, we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on December 30, 2022. This event was a transfer of 191 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 $110.7K, with a price of $580.0 per contract. There were 13 open contracts at this strike prior to today, and today 442 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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