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.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BULLISH | 02/17/23 | $155.00 | $33.8K | 54.6K | 40.7K |
NVDA | CALL | SWEEP | BULLISH | 02/17/23 | $220.00 | $41.7K | 8.7K | 16.8K |
MSFT | PUT | SWEEP | BEARISH | 02/17/23 | $270.00 | $38.5K | 3.0K | 9.2K |
SNOW | CALL | SWEEP | NEUTRAL | 02/17/23 | $160.00 | $77.1K | 1.0K | 975 |
CSCO | CALL | SWEEP | BULLISH | 02/17/23 | $50.00 | $26.3K | 21.7K | 963 |
V | CALL | SWEEP | BULLISH | 02/17/23 | $225.00 | $126.0K | 6.8K | 864 |
PANW | PUT | SWEEP | BULLISH | 01/19/24 | $150.00 | $384.0K | 3.3K | 642 |
NET | CALL | SWEEP | BEARISH | 02/17/23 | $64.00 | $29.2K | 1.0K | 555 |
CRM | CALL | TRADE | BEARISH | 01/19/24 | $145.00 | $85.4K | 939 | 216 |
OKTA | PUT | TRADE | NEUTRAL | 03/17/23 | $75.00 | $96.7K | 140 | 181 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on February 17, 2023. This event was a transfer of 154 contract(s) at a $155.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $220.0 per contract. There were 54634 open contracts at this strike prior to today, and today 40792 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on February 17, 2023. This event was a transfer of 69 contract(s) at a $220.00 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 $41.7K, with a price of $605.0 per contract. There were 8744 open contracts at this strike prior to today, and today 16828 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on February 17, 2023. Parties traded 100 contract(s) at a $270.00 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 $38.5K, with a price of $385.0 per contract. There were 3064 open contracts at this strike prior to today, and today 9220 contract(s) were bought and sold.
• Regarding SNOW SNOW, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on February 17, 2023. Parties traded 100 contract(s) at a $160.00 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 $77.1K, with a price of $770.0 per contract. There were 1062 open contracts at this strike prior to today, and today 975 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on February 17, 2023. Parties traded 439 contract(s) at a $50.00 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 $26.3K, with a price of $60.0 per contract. There were 21761 open contracts at this strike prior to today, and today 963 contract(s) were bought and sold.
• For V V, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on February 17, 2023. This event was a transfer of 225 contract(s) at a $225.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $126.0K, with a price of $560.0 per contract. There were 6815 open contracts at this strike prior to today, and today 864 contract(s) were bought and sold.
• For PANW PANW, we notice a put option sweep that happens to be bullish, expiring in 340 day(s) on January 19, 2024. This event was a transfer of 300 contract(s) at a $150.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $384.0K, with a price of $1280.0 per contract. There were 3353 open contracts at this strike prior to today, and today 642 contract(s) were bought and sold.
• Regarding NET NET, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on February 17, 2023. Parties traded 130 contract(s) at a $64.00 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 $29.2K, with a price of $225.0 per contract. There were 1002 open contracts at this strike prior to today, and today 555 contract(s) were bought and sold.
• For CRM CRM, we notice a call option trade that happens to be bearish, expiring in 340 day(s) on January 19, 2024. This event was a transfer of 20 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $85.4K, with a price of $4270.0 per contract. There were 939 open contracts at this strike prior to today, and today 216 contract(s) were bought and sold.
• Regarding OKTA OKTA, we observe a put option trade with neutral sentiment. It expires in 32 day(s) on March 17, 2023. Parties traded 156 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $96.7K, with a price of $620.0 per contract. There were 140 open contracts at this strike prior to today, and today 181 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.