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 Communication Services sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
WBD | CALL | SWEEP | BULLISH | 01/06/23 | $9.50 | $29.0K | 52.0K | 20.9K |
BILI | CALL | SWEEP | BULLISH | 01/13/23 | $29.00 | $31.8K | 115 | 2.4K |
BIDU | CALL | SWEEP | BULLISH | 01/13/23 | $135.00 | $32.0K | 554 | 1.1K |
NFLX | PUT | SWEEP | NEUTRAL | 03/17/23 | $300.00 | $33.7K | 2.3K | 1.1K |
PARA | PUT | SWEEP | BULLISH | 01/20/23 | $18.50 | $33.0K | 189 | 493 |
META | CALL | SWEEP | BULLISH | 02/10/23 | $140.00 | $107.1K | 93 | 260 |
RBLX | CALL | SWEEP | BEARISH | 06/16/23 | $55.00 | $26.8K | 3.7K | 252 |
GOOG | PUT | TRADE | BEARISH | 09/15/23 | $100.00 | $113.0K | 4.1K | 231 |
GOOGL | PUT | TRADE | BULLISH | 03/17/23 | $100.00 | $70.9K | 23.0K | 101 |
DIS | CALL | TRADE | NEUTRAL | 06/16/23 | $95.00 | $42.4K | 3.3K | 67 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding WBD WBD, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on January 6, 2023. Parties traded 200 contract(s) at a $9.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $145.0 per contract. There were 52028 open contracts at this strike prior to today, and today 20914 contract(s) were bought and sold.
• For BILI BILI, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 13, 2023. This event was a transfer of 179 contract(s) at a $29.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $177.0 per contract. There were 115 open contracts at this strike prior to today, and today 2436 contract(s) were bought and sold.
• For BIDU BIDU, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on January 13, 2023. This event was a transfer of 100 contract(s) at a $135.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 554 open contracts at this strike prior to today, and today 1180 contract(s) were bought and sold.
• For NFLX NFLX, we notice a put option sweep that happens to be neutral, expiring in 71 day(s) on March 17, 2023. This event was a transfer of 14 contract(s) at a $300.00 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 $33.7K, with a price of $2411.0 per contract. There were 2307 open contracts at this strike prior to today, and today 1110 contract(s) were bought and sold.
• Regarding PARA PARA, we observe a put option sweep with bullish sentiment. It expires in 15 day(s) on January 20, 2023. Parties traded 371 contract(s) at a $18.50 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $89.0 per contract. There were 189 open contracts at this strike prior to today, and today 493 contract(s) were bought and sold.
• Regarding META META, we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on February 10, 2023. Parties traded 210 contract(s) at a $140.00 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 $107.1K, with a price of $510.0 per contract. There were 93 open contracts at this strike prior to today, and today 260 contract(s) were bought and sold.
• For RBLX RBLX, we notice a call option sweep that happens to be bearish, expiring in 162 day(s) on June 16, 2023. This event was a transfer of 200 contract(s) at a $55.00 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 $26.8K, with a price of $134.0 per contract. There were 3734 open contracts at this strike prior to today, and today 252 contract(s) were bought and sold.
• For GOOG GOOG, we notice a put option trade that happens to be bearish, expiring in 253 day(s) on September 15, 2023. This event was a transfer of 70 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $113.0K, with a price of $1615.0 per contract. There were 4136 open contracts at this strike prior to today, and today 231 contract(s) were bought and sold.
• For GOOGL GOOGL, we notice a put option trade that happens to be bullish, expiring in 71 day(s) on March 17, 2023. This event was a transfer of 50 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $70.9K, with a price of $1419.0 per contract. There were 23014 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.
• Regarding DIS DIS, we observe a call option trade with neutral sentiment. It expires in 162 day(s) on June 16, 2023. Parties traded 50 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $42.4K, with a price of $848.0 per contract. There were 3395 open contracts at this strike prior to today, and today 67 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.
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