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.

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 META META, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on April 14, 2023. Parties traded 150 contract(s) at a $215.00 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 $42.7K, with a price of $285.0 per contract. There were 4527 open contracts at this strike prior to today, and today 12723 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on April 14, 2023. Parties traded 1449 contract(s) at a $104.00 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 $39.1K, with a price of $27.0 per contract. There were 5070 open contracts at this strike prior to today, and today 12566 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on April 14, 2023. This event was a transfer of 200 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 $45.1K, with a price of $226.0 per contract. There were 3012 open contracts at this strike prior to today, and today 3016 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on April 14, 2023. Parties traded 125 contract(s) at a $330.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $210.0 per contract. There were 945 open contracts at this strike prior to today, and today 2279 contract(s) were bought and sold.

• For CMCSA CMCSA, we notice a call option sweep that happens to be bearish, expiring in 67 day(s) on June 16, 2023. This event was a transfer of 283 contract(s) at a $40.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $107.0 per contract. There were 21185 open contracts at this strike prior to today, and today 2210 contract(s) were bought and sold.

• Regarding DISH DISH, we observe a put option sweep with bullish sentiment. It expires in 158 day(s) on September 15, 2023. Parties traded 859 contract(s) at a $7.50 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 $145.3K, with a price of $170.0 per contract. There were 23568 open contracts at this strike prior to today, and today 1727 contract(s) were bought and sold.

• Regarding SNAP SNAP, we observe a put option trade with bearish sentiment. It expires in 18 day(s) on April 28, 2023. Parties traded 151 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $196.0 per contract. There were 378 open contracts at this strike prior to today, and today 1698 contract(s) were bought and sold.

• Regarding PINS PINS, we observe a call option sweep with bullish sentiment. It expires in 284 day(s) on January 19, 2024. Parties traded 127 contract(s) at a $22.50 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $109.1K, with a price of $858.0 per contract. There were 3024 open contracts at this strike prior to today, and today 680 contract(s) were bought and sold.

• For VZ VZ, we notice a put option trade that happens to be bearish, expiring in 102 day(s) on July 21, 2023. This event was a transfer of 287 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $169.3K, with a price of $590.0 per contract. There were 461 open contracts at this strike prior to today, and today 673 contract(s) were bought and sold.

• For ATEX ATEX, we notice a put option sweep that happens to be bullish, expiring in 221 day(s) on November 17, 2023. This event was a transfer of 95 contract(s) at a $30.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $295.0 per contract. There were 16 open contracts at this strike prior to today, and today 179 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.