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 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 Communication Services sector:

Explanation

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

• For BP BP, we notice a call option sweep that happens to be bearish, expiring in 205 day(s) on October 20, 2023. This event was a transfer of 239 contract(s) at a $39.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $64.0K, with a price of $268.0 per contract. There were 4091 open contracts at this strike prior to today, and today 9230 contract(s) were bought and sold.

• For T T, we notice a put option trade that happens to be bearish, expiring in 79 day(s) on June 16, 2023. This event was a transfer of 2500 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $222.5K, with a price of $89.0 per contract. There were 12256 open contracts at this strike prior to today, and today 3302 contract(s) were bought and sold.

• For META META, we notice a call option trade that happens to be neutral, expiring in 23 day(s) on April 21, 2023. This event was a transfer of 37 contract(s) at a $205.00 strike. The total cost received by the writing party (or parties) was $29.6K, with a price of $800.0 per contract. There were 8005 open contracts at this strike prior to today, and today 1221 contract(s) were bought and sold.

• For MTCH MTCH, we notice a put option trade that happens to be bearish, expiring in 2 day(s) on March 31, 2023. This event was a transfer of 659 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $69.8K, with a price of $106.0 per contract. There were 1471 open contracts at this strike prior to today, and today 1093 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bullish sentiment. It expires in 170 day(s) on September 15, 2023. Parties traded 90 contract(s) at a $120.00 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 $29.7K, with a price of $330.0 per contract. There were 12066 open contracts at this strike prior to today, and today 604 contract(s) were bought and sold.

• Regarding WMG WMG, we observe a call option trade with bullish sentiment. It expires in 205 day(s) on October 20, 2023. Parties traded 250 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $65.0K, with a price of $260.0 per contract. There were 40 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with neutral sentiment. It expires in 352 day(s) on March 15, 2024. Parties traded 44 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $126.4K, with a price of $2874.0 per contract. There were 193 open contracts at this strike prior to today, and today 148 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a put option sweep with bullish sentiment. It expires in 296 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $160.00 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 $251.0K, with a price of $2510.0 per contract. There were 492 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.

• For SE SE, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on April 14, 2023. This event was a transfer of 90 contract(s) at a $86.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $296.0 per contract. There were 210 open contracts at this strike prior to today, and today 99 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option trade with bearish sentiment. It expires in 296 day(s) on January 19, 2024. Parties traded 25 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $77.7K, with a price of $3111.0 per contract. There were 542 open contracts at this strike prior to today, and today 27 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.