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.

• Regarding META META, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on December 23, 2022. Parties traded 816 contract(s) at a $114.00 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 $60.4K, with a price of $74.0 per contract. There were 9854 open contracts at this strike prior to today, and today 8260 contract(s) were bought and sold.

• Regarding CMCSA CMCSA, we observe a call option trade with bullish sentiment. It expires in 757 day(s) on January 17, 2025. Parties traded 3500 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $707.0K, with a price of $202.0 per contract. There were 2765 open contracts at this strike prior to today, and today 3500 contract(s) were bought and sold.

• For ROKU ROKU, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on December 23, 2022. This event was a transfer of 680 contract(s) at a $41.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $66.0 per contract. There were 703 open contracts at this strike prior to today, and today 2400 contract(s) were bought and sold.

• For RBLX RBLX, we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on January 20, 2023. This event was a transfer of 1769 contract(s) at a $30.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $168.0K, with a price of $95.0 per contract. There were 5966 open contracts at this strike prior to today, and today 2387 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option sweep with bearish sentiment. It expires in 57 day(s) on February 17, 2023. Parties traded 500 contract(s) at a $90.00 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 $172.5K, with a price of $345.0 per contract. There were 4482 open contracts at this strike prior to today, and today 1031 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a put option sweep with bearish sentiment. It expires in 176 day(s) on June 16, 2023. Parties traded 900 contract(s) at a $85.00 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 $616.5K, with a price of $685.0 per contract. There were 1851 open contracts at this strike prior to today, and today 904 contract(s) were bought and sold.

• For AMC AMC, we notice a put option sweep that happens to be neutral, expiring in 393 day(s) on January 19, 2024. This event was a transfer of 352 contract(s) at a $10.00 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 $293.9K, with a price of $835.0 per contract. There were 1803 open contracts at this strike prior to today, and today 709 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 393 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $39.5K, with a price of $395.0 per contract. There were 7523 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For T T, we notice a put option trade that happens to be bearish, expiring in 757 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $150.0 per contract. There were 4743 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.

• For NFLX NFLX, we notice a put option sweep that happens to be bullish, expiring in 393 day(s) on January 19, 2024. This event was a transfer of 4 contract(s) at a $450.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $66.3K, with a price of $16575.0 per contract. There were 392 open contracts at this strike prior to today, and today 43 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.