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 | SWEEP | BEARISH | 03/17/23 | $255.00 | $154.1K | 13.6K | 27.8K |
AAPL | CALL | SWEEP | BULLISH | 03/24/23 | $157.50 | $85.5K | 12.6K | 20.3K |
INTC | PUT | SWEEP | BULLISH | 04/21/23 | $27.50 | $32.2K | 13.8K | 5.9K |
MSFT | PUT | SWEEP | BEARISH | 01/19/24 | $250.00 | $78.0K | 9.9K | 1.9K |
QCOM | PUT | SWEEP | BEARISH | 04/21/23 | $110.00 | $62.9K | 6.3K | 1.9K |
TWLO | CALL | TRADE | BEARISH | 04/21/23 | $70.00 | $186.2K | 5.4K | 830 |
PYPL | PUT | SWEEP | BULLISH | 03/31/23 | $70.00 | $49.5K | 1.0K | 763 |
AI | CALL | TRADE | BULLISH | 03/24/23 | $21.00 | $33.0K | 413 | 728 |
FLEX | CALL | SWEEP | BULLISH | 01/19/24 | $25.00 | $64.0K | 4.0K | 627 |
AMD | CALL | SWEEP | BEARISH | 09/15/23 | $125.00 | $34.2K | 791 | 583 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on March 17, 2023. Parties traded 847 contract(s) at a $255.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $154.1K, with a price of $180.0 per contract. There were 13684 open contracts at this strike prior to today, and today 27801 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on March 24, 2023. Parties traded 500 contract(s) at a $157.50 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 $85.5K, with a price of $171.0 per contract. There were 12630 open contracts at this strike prior to today, and today 20328 contract(s) were bought and sold.
• For INTC INTC, we notice a put option sweep that happens to be bullish, expiring in 36 day(s) on April 21, 2023. This event was a transfer of 700 contract(s) at a $27.50 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 $32.2K, with a price of $46.0 per contract. There were 13850 open contracts at this strike prior to today, and today 5970 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bearish sentiment. It expires in 309 day(s) on January 19, 2024. Parties traded 50 contract(s) at a $250.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $78.0K, with a price of $1560.0 per contract. There were 9912 open contracts at this strike prior to today, and today 1945 contract(s) were bought and sold.
• Regarding QCOM QCOM, we observe a put option sweep with bearish sentiment. It expires in 36 day(s) on April 21, 2023. Parties traded 297 contract(s) at a $110.00 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 $62.9K, with a price of $212.0 per contract. There were 6306 open contracts at this strike prior to today, and today 1922 contract(s) were bought and sold.
• For TWLO TWLO, we notice a call option trade that happens to be bearish, expiring in 36 day(s) on April 21, 2023. This event was a transfer of 700 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $186.2K, with a price of $266.0 per contract. There were 5436 open contracts at this strike prior to today, and today 830 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a put option sweep with bullish sentiment. It expires in 15 day(s) on March 31, 2023. Parties traded 500 contract(s) at a $70.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $49.5K, with a price of $99.0 per contract. There were 1031 open contracts at this strike prior to today, and today 763 contract(s) were bought and sold.
• Regarding AI AI, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on March 24, 2023. Parties traded 200 contract(s) at a $21.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $165.0 per contract. There were 413 open contracts at this strike prior to today, and today 728 contract(s) were bought and sold.
• Regarding FLEX FLEX, we observe a call option sweep with bullish sentiment. It expires in 309 day(s) on January 19, 2024. Parties traded 400 contract(s) at a $25.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $160.0 per contract. There were 4085 open contracts at this strike prior to today, and today 627 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 183 day(s) on September 15, 2023. Parties traded 72 contract(s) at a $125.00 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 $34.2K, with a price of $475.0 per contract. There were 791 open contracts at this strike prior to today, and today 583 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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