10 Communication Services Stocks Whale Activity In Today's Session

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 Communication Services sector:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For T T, we notice a put option sweep that happens to be bullish, expiring in 36 day(s) on January 20, 2023. This event was a transfer of 1794 contract(s) at a $19.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $161.6K, with a price of $90.0 per contract. There were 65015 open contracts at this strike prior to today, and today 14012 contract(s) were bought and sold.

• For DISH DISH, we notice a put option sweep that happens to be bullish, expiring in 15 day(s) on December 30, 2022. This event was a transfer of 2000 contract(s) at a $15.00 strike. This particular put needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $110.2K, with a price of $55.0 per contract. There were 46 open contracts at this strike prior to today, and today 1736 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a put option trade that happens to be bearish, expiring in 43 day(s) on January 27, 2023. This event was a transfer of 1530 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $168.3K, with a price of $110.0 per contract. There were 1 open contracts at this strike prior to today, and today 1552 contract(s) were bought and sold.

• For BILI BILI, we notice a call option trade that happens to be bearish, expiring in 22 day(s) on January 6, 2023. This event was a transfer of 181 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $42.7K, with a price of $236.0 per contract. There were 674 open contracts at this strike prior to today, and today 1002 contract(s) were bought and sold.

• For VZ VZ, we notice a call option trade that happens to be bearish, expiring in 127 day(s) on April 21, 2023. This event was a transfer of 278 contract(s) at a $39.00 strike. The total cost received by the writing party (or parties) was $39.1K, with a price of $141.0 per contract. There were 5955 open contracts at this strike prior to today, and today 722 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on December 23, 2022. Parties traded 20 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $1504.0 per contract. There were 67 open contracts at this strike prior to today, and today 225 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option trade with bearish sentiment. It expires in 92 day(s) on March 17, 2023. Parties traded 39 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $779.0 per contract. There were 1862 open contracts at this strike prior to today, and today 107 contract(s) were bought and sold.

• For BIDU BIDU, we notice a call option sweep that happens to be bearish, expiring in 36 day(s) on January 20, 2023. This event was a transfer of 502 contract(s) at a $150.00 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 $29.1K, with a price of $58.0 per contract. There were 5322 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold.

• Regarding PARA PARA, we observe a call option trade with bearish sentiment. It expires in 764 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $455.0 per contract. There were 1857 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• For META META, we notice a put option trade that happens to be bullish, expiring in 64 day(s) on February 17, 2023. This event was a transfer of 90 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $173.2K, with a price of $1925.0 per contract. There were 3088 open contracts at this strike prior to today, and today 97 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.