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.

Here's the list of options activity happening in today's session:

Explanation

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

• For AMC AMC, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on February 24, 2023. This event was a transfer of 1014 contract(s) at a $6.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $34.0 per contract. There were 12081 open contracts at this strike prior to today, and today 56383 contract(s) were bought and sold.

• Regarding META META, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on February 24, 2023. Parties traded 100 contract(s) at a $172.50 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 $25.8K, with a price of $258.0 per contract. There were 3535 open contracts at this strike prior to today, and today 18595 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a put option trade with bullish sentiment. It expires in 332 day(s) on January 19, 2024. Parties traded 6700 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $3.5 million, with a price of $525.0 per contract. There were 16827 open contracts at this strike prior to today, and today 7017 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on February 24, 2023. Parties traded 500 contract(s) at a $150.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $81.3K, with a price of $160.0 per contract. There were 538 open contracts at this strike prior to today, and today 1790 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bullish sentiment. It expires in 115 day(s) on June 16, 2023. Parties traded 660 contract(s) at a $100.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $290.4K, with a price of $440.0 per contract. There were 9756 open contracts at this strike prior to today, and today 1699 contract(s) were bought and sold.

• Regarding ASTS ASTS, we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on March 31, 2023. Parties traded 725 contract(s) at a $5.00 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 $32.6K, with a price of $45.0 per contract. There were 2503 open contracts at this strike prior to today, and today 761 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a call option sweep with bearish sentiment. It expires in 24 day(s) on March 17, 2023. Parties traded 251 contract(s) at a $390.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $36.6K, with a price of $146.0 per contract. There were 4640 open contracts at this strike prior to today, and today 653 contract(s) were bought and sold.

• For SNAP SNAP, we notice a put option trade that happens to be bearish, expiring in 59 day(s) on April 21, 2023. This event was a transfer of 200 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $48.8K, with a price of $244.0 per contract. There were 3897 open contracts at this strike prior to today, and today 263 contract(s) were bought and sold.

• Regarding ROKU ROKU, we observe a put option trade with bullish sentiment. It expires in 332 day(s) on January 19, 2024. Parties traded 20 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $46.8K, with a price of $2340.0 per contract. There were 1396 open contracts at this strike prior to today, and today 78 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option sweep with bearish sentiment. It expires in 115 day(s) on June 16, 2023. Parties traded 72 contract(s) at a $105.00 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 $47.8K, with a price of $665.0 per contract. There were 5165 open contracts at this strike prior to today, and today 40 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.