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 Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BULLISH | 01/13/23 | $130.00 | $38.0K | 14.2K | 30.0K |
MARA | CALL | SWEEP | BEARISH | 06/16/23 | $15.00 | $30.7K | 15.7K | 11.0K |
CSCO | PUT | SWEEP | NEUTRAL | 06/16/23 | $47.50 | $29.1K | 8.8K | 4.8K |
TXN | CALL | SWEEP | BULLISH | 01/20/23 | $175.00 | $53.5K | 4.6K | 1.3K |
PYPL | CALL | SWEEP | BEARISH | 04/21/23 | $90.00 | $46.2K | 576 | 1.0K |
PLTR | CALL | SWEEP | BEARISH | 05/19/23 | $9.00 | $26.0K | 3.9K | 1.0K |
MA | CALL | TRADE | BULLISH | 01/19/24 | $420.00 | $28.2K | 489 | 965 |
V | PUT | TRADE | BULLISH | 06/16/23 | $200.00 | $372.5K | 1.8K | 609 |
AMD | PUT | TRADE | BULLISH | 03/17/23 | $60.00 | $27.7K | 12.9K | 575 |
MU | PUT | SWEEP | BEARISH | 04/21/23 | $57.50 | $42.8K | 1.4K | 538 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on January 13, 2023. Parties traded 203 contract(s) at a $130.00 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 $38.0K, with a price of $188.0 per contract. There were 14232 open contracts at this strike prior to today, and today 30080 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 157 day(s) on June 16, 2023. Parties traded 961 contract(s) at a $15.00 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 $30.7K, with a price of $32.0 per contract. There were 15723 open contracts at this strike prior to today, and today 11063 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a put option sweep with neutral sentiment. It expires in 157 day(s) on June 16, 2023. Parties traded 116 contract(s) at a $47.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $29.1K, with a price of $251.0 per contract. There were 8820 open contracts at this strike prior to today, and today 4800 contract(s) were bought and sold.
• For TXN TXN, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on January 20, 2023. This event was a transfer of 100 contract(s) at a $175.00 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 $53.5K, with a price of $535.0 per contract. There were 4655 open contracts at this strike prior to today, and today 1335 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a call option sweep with bearish sentiment. It expires in 101 day(s) on April 21, 2023. Parties traded 136 contract(s) at a $90.00 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 $46.2K, with a price of $340.0 per contract. There were 576 open contracts at this strike prior to today, and today 1072 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 129 day(s) on May 19, 2023. This event was a transfer of 1000 contract(s) at a $9.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $26.0 per contract. There were 3904 open contracts at this strike prior to today, and today 1005 contract(s) were bought and sold.
• Regarding MA MA, we observe a call option trade with bullish sentiment. It expires in 374 day(s) on January 19, 2024. Parties traded 10 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $2825.0 per contract. There were 489 open contracts at this strike prior to today, and today 965 contract(s) were bought and sold.
• Regarding V V, we observe a put option trade with bullish sentiment. It expires in 157 day(s) on June 16, 2023. Parties traded 500 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $372.5K, with a price of $745.0 per contract. There were 1867 open contracts at this strike prior to today, and today 609 contract(s) were bought and sold.
• For AMD AMD, we notice a put option trade that happens to be bullish, expiring in 66 day(s) on March 17, 2023. This event was a transfer of 98 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $283.0 per contract. There were 12945 open contracts at this strike prior to today, and today 575 contract(s) were bought and sold.
• Regarding MU MU, we observe a put option sweep with bearish sentiment. It expires in 101 day(s) on April 21, 2023. Parties traded 80 contract(s) at a $57.50 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $535.0 per contract. There were 1418 open contracts at this strike prior to today, and today 538 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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