10 Communication Services Stocks Whale Activity 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 itemized elaborations have been created using the accompanying table.

• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 16 day(s) on March 17, 2023. Parties traded 207 contract(s) at a $92.00 strike. The total cost received by the writing party (or parties) was $40.1K, with a price of $194.0 per contract. There were 4326 open contracts at this strike prior to today, and today 4191 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on March 10, 2023. Parties traded 310 contract(s) at a $91.00 strike. The total cost received by the writing party (or parties) was $57.3K, with a price of $185.0 per contract. There were 13225 open contracts at this strike prior to today, and today 1462 contract(s) were bought and sold.

• For CMCSA CMCSA, we notice a put option trade that happens to be bullish, expiring in 324 day(s) on January 19, 2024. This event was a transfer of 1000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $510.0K, with a price of $510.0 per contract. There were 2186 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.

• Regarding AMC AMC, we observe a call option trade with bearish sentiment. It expires in 51 day(s) on April 21, 2023. Parties traded 698 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $43.9K, with a price of $63.0 per contract. There were 12547 open contracts at this strike prior to today, and today 986 contract(s) were bought and sold.

• For META META, we notice a call option sweep that happens to be bullish, expiring in 23 day(s) on March 24, 2023. This event was a transfer of 100 contract(s) at a $180.00 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 $61.9K, with a price of $617.0 per contract. There were 4753 open contracts at this strike prior to today, and today 665 contract(s) were bought and sold.

• Regarding TTWO TTWO, we observe a call option sweep with bullish sentiment. It expires in 107 day(s) on June 16, 2023. Parties traded 178 contract(s) at a $130.00 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 $39.1K, with a price of $220.0 per contract. There were 1877 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.

• Regarding ROKU ROKU, we observe a call option trade with bullish sentiment. It expires in 198 day(s) on September 15, 2023. Parties traded 129 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $121.9K, with a price of $945.0 per contract. There were 462 open contracts at this strike prior to today, and today 196 contract(s) were bought and sold.

• Regarding TTD TTD, we observe a call option sweep with bullish sentiment. It expires in 23 day(s) on March 24, 2023. Parties traded 180 contract(s) at a $57.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $50.2K, with a price of $279.0 per contract. There were 43 open contracts at this strike prior to today, and today 181 contract(s) were bought and sold.

• For NFLX NFLX, we notice a put option trade that happens to be bearish, expiring in 198 day(s) on September 15, 2023. This event was a transfer of 18 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $2448.0 per contract. There were 720 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold.

• For DIS DIS, we notice a call option trade that happens to be bullish, expiring in 79 day(s) on May 19, 2023. This event was a transfer of 45 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $39.7K, with a price of $884.0 per contract. There were 94 open contracts at this strike prior to today, and today 109 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.