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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | TRADE | BULLISH | 03/10/23 | $230.00 | $29.4K | 3.7K | 17.3K |
AMD | PUT | SWEEP | BEARISH | 03/17/23 | $82.00 | $52.5K | 3.0K | 5.5K |
AAPL | CALL | SWEEP | BULLISH | 04/21/23 | $160.00 | $58.2K | 45.3K | 3.7K |
TSM | CALL | TRADE | BULLISH | 04/21/23 | $95.00 | $210.7K | 16.4K | 2.7K |
MARA | PUT | SWEEP | BEARISH | 03/17/23 | $5.00 | $30.0K | 16.0K | 2.4K |
SQ | PUT | SWEEP | BULLISH | 06/16/23 | $67.50 | $35.5K | 1.1K | 466 |
LRCX | PUT | SWEEP | BULLISH | 03/17/23 | $445.00 | $26.4K | 972 | 463 |
PLTR | CALL | SWEEP | BULLISH | 01/17/25 | $7.00 | $57.3K | 10.8K | 458 |
DDOG | PUT | SWEEP | BULLISH | 01/19/24 | $70.00 | $30.8K | 1.7K | 381 |
AI | CALL | TRADE | BEARISH | 01/19/24 | $30.00 | $37.0K | 5.6K | 333 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $294.0 per contract. There were 3757 open contracts at this strike prior to today, and today 17310 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on March 17, 2023. This event was a transfer of 346 contract(s) at a $82.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $52.5K, with a price of $152.0 per contract. There were 3009 open contracts at this strike prior to today, and today 5525 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 42 day(s) on April 21, 2023. Parties traded 300 contract(s) at a $160.00 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 $58.2K, with a price of $194.0 per contract. There were 45364 open contracts at this strike prior to today, and today 3720 contract(s) were bought and sold.
• For TSM TSM, we notice a call option trade that happens to be bullish, expiring in 42 day(s) on April 21, 2023. This event was a transfer of 1204 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $210.7K, with a price of $175.0 per contract. There were 16412 open contracts at this strike prior to today, and today 2740 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on March 17, 2023. Parties traded 1000 contract(s) at a $5.00 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 $30.0K, with a price of $30.0 per contract. There were 16057 open contracts at this strike prior to today, and today 2415 contract(s) were bought and sold.
• For SQ SQ, we notice a put option sweep that happens to be bullish, expiring in 98 day(s) on June 16, 2023. This event was a transfer of 50 contract(s) at a $67.50 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 $35.5K, with a price of $710.0 per contract. There were 1128 open contracts at this strike prior to today, and today 466 contract(s) were bought and sold.
• Regarding LRCX LRCX, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on March 17, 2023. Parties traded 101 contract(s) at a $445.00 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 $26.4K, with a price of $259.0 per contract. There were 972 open contracts at this strike prior to today, and today 463 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 679 day(s) on January 17, 2025. Parties traded 204 contract(s) at a $7.00 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 $57.3K, with a price of $281.0 per contract. There were 10848 open contracts at this strike prior to today, and today 458 contract(s) were bought and sold.
• For DDOG DDOG, we notice a put option sweep that happens to be bullish, expiring in 315 day(s) on January 19, 2024. This event was a transfer of 21 contract(s) at a $70.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $1470.0 per contract. There were 1787 open contracts at this strike prior to today, and today 381 contract(s) were bought and sold.
• Regarding AI AI, we observe a call option trade with bearish sentiment. It expires in 315 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $37.0K, with a price of $370.0 per contract. There were 5690 open contracts at this strike prior to today, and today 333 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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