10 Communication Services Stocks With Whale Alerts 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 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:

Explanation

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

• Regarding META META, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on February 3, 2023. Parties traded 101 contract(s) at a $135.00 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 $26.1K, with a price of $259.0 per contract. There were 20055 open contracts at this strike prior to today, and today 4119 contract(s) were bought and sold.

• Regarding PINS PINS, we observe a call option sweep with bullish sentiment. It expires in 45 day(s) on March 17, 2023. Parties traded 1000 contract(s) at a $30.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $108.0K, with a price of $108.0 per contract. There were 5232 open contracts at this strike prior to today, and today 2066 contract(s) were bought and sold.

• Regarding ATVI ATVI, we observe a put option trade with bearish sentiment. It expires in 353 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $130.0K, with a price of $260.0 per contract. There were 58644 open contracts at this strike prior to today, and today 1883 contract(s) were bought and sold.

• For AMC AMC, we notice a put option sweep that happens to be bullish, expiring in 80 day(s) on April 21, 2023. This event was a transfer of 561 contract(s) at a $2.00 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 $30.8K, with a price of $55.0 per contract. There were 217626 open contracts at this strike prior to today, and today 986 contract(s) were bought and sold.

• For SNAP SNAP, we notice a put option sweep that happens to be bearish, expiring in 45 day(s) on March 17, 2023. This event was a transfer of 215 contract(s) at a $11.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $124.0 per contract. There were 3509 open contracts at this strike prior to today, and today 623 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a put option sweep with bullish sentiment. It expires in 17 day(s) on February 17, 2023. Parties traded 211 contract(s) at a $98.00 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 $79.1K, with a price of $375.0 per contract. There were 714 open contracts at this strike prior to today, and today 569 contract(s) were bought and sold.

• For MTCH MTCH, we notice a call option sweep that happens to be bearish, expiring in 227 day(s) on September 15, 2023. This event was a transfer of 85 contract(s) at a $60.00 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 $53.5K, with a price of $630.0 per contract. There were 20 open contracts at this strike prior to today, and today 470 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a call option sweep with bullish sentiment. It expires in 171 day(s) on July 21, 2023. Parties traded 50 contract(s) at a $400.00 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 $120.7K, with a price of $2415.0 per contract. There were 7079 open contracts at this strike prior to today, and today 339 contract(s) were bought and sold.

• For YELP YELP, we notice a call option sweep that happens to be bullish, expiring in 199 day(s) on August 18, 2023. This event was a transfer of 250 contract(s) at a $32.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $92.5K, with a price of $370.0 per contract. There were 200 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.

• For BIDU BIDU, we notice a put option trade that happens to be bullish, expiring in 80 day(s) on April 21, 2023. This event was a transfer of 160 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $176.0K, with a price of $1100.0 per contract. There were 86 open contracts at this strike prior to today, and today 165 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.