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 Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
MSFT | PUT | SWEEP | BULLISH | 01/27/23 | $235.00 | $28.5K | 9.0K | 23.7K |
NVDA | PUT | TRADE | BEARISH | 02/03/23 | $185.00 | $101.0K | 1.3K | 3.1K |
AAPL | PUT | SWEEP | BEARISH | 02/17/23 | $140.00 | $95.1K | 27.7K | 2.7K |
SQ | PUT | SWEEP | BULLISH | 01/27/23 | $79.00 | $25.9K | 1.0K | 969 |
TWLO | CALL | TRADE | BULLISH | 02/10/23 | $55.00 | $30.6K | 1.3K | 705 |
ADBE | CALL | TRADE | BULLISH | 03/17/23 | $395.00 | $156.0K | 414 | 304 |
CRM | CALL | SWEEP | BEARISH | 02/17/23 | $165.00 | $36.1K | 2.1K | 289 |
MSTR | PUT | SWEEP | BEARISH | 02/17/23 | $170.00 | $40.9K | 190 | 213 |
V | PUT | SWEEP | BULLISH | 02/10/23 | $222.50 | $26.3K | 86 | 183 |
FSLR | CALL | TRADE | BEARISH | 01/19/24 | $185.00 | $80.2K | 1.5K | 183 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For MSFT MSFT, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on January 27, 2023. This event was a transfer of 215 contract(s) at a $235.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $133.0 per contract. There were 9019 open contracts at this strike prior to today, and today 23719 contract(s) were bought and sold.
• For NVDA NVDA, we notice a put option trade that happens to be bearish, expiring in 9 day(s) on February 3, 2023. This event was a transfer of 200 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $101.0K, with a price of $505.0 per contract. There were 1397 open contracts at this strike prior to today, and today 3180 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on February 17, 2023. This event was a transfer of 200 contract(s) at a $140.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $95.1K, with a price of $475.0 per contract. There were 27732 open contracts at this strike prior to today, and today 2751 contract(s) were bought and sold.
• Regarding SQ SQ, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on January 27, 2023. Parties traded 96 contract(s) at a $79.00 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 $25.9K, with a price of $270.0 per contract. There were 1020 open contracts at this strike prior to today, and today 969 contract(s) were bought and sold.
• Regarding TWLO TWLO, we observe a call option trade with bullish sentiment. It expires in 16 day(s) on February 10, 2023. Parties traded 100 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $306.0 per contract. There were 1378 open contracts at this strike prior to today, and today 705 contract(s) were bought and sold.
• For ADBE ADBE, we notice a call option trade that happens to be bullish, expiring in 51 day(s) on March 17, 2023. This event was a transfer of 300 contract(s) at a $395.00 strike. The total cost received by the writing party (or parties) was $156.0K, with a price of $520.0 per contract. There were 414 open contracts at this strike prior to today, and today 304 contract(s) were bought and sold.
• For CRM CRM, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on February 17, 2023. This event was a transfer of 219 contract(s) at a $165.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $165.0 per contract. There were 2143 open contracts at this strike prior to today, and today 289 contract(s) were bought and sold.
• For MSTR MSTR, we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on February 17, 2023. This event was a transfer of 100 contract(s) at a $170.00 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 $40.9K, with a price of $411.0 per contract. There were 190 open contracts at this strike prior to today, and today 213 contract(s) were bought and sold.
• Regarding V V, we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on February 10, 2023. Parties traded 47 contract(s) at a $222.50 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $560.0 per contract. There were 86 open contracts at this strike prior to today, and today 183 contract(s) were bought and sold.
• Regarding FSLR FSLR, we observe a call option trade with bearish sentiment. It expires in 359 day(s) on January 19, 2024. Parties traded 30 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $80.2K, with a price of $2675.0 per contract. There were 1565 open contracts at this strike prior to today, and today 183 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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