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.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | TRADE | NEUTRAL | 05/19/23 | $180.00 | $91.7K | 31.4K | 45.2K |
MSFT | PUT | SWEEP | NEUTRAL | 05/05/23 | $305.00 | $37.2K | 4.9K | 9.9K |
INTC | PUT | TRADE | BULLISH | 05/19/23 | $29.50 | $44.0K | 1.4K | 3.4K |
SMCI | CALL | TRADE | BEARISH | 05/05/23 | $110.00 | $42.3K | 2.8K | 1.9K |
MU | PUT | TRADE | BULLISH | 07/21/23 | $60.00 | $26.7K | 7.3K | 754 |
FIVN | PUT | SWEEP | BEARISH | 05/19/23 | $55.00 | $48.7K | 153 | 426 |
WOLF | CALL | SWEEP | BEARISH | 01/19/24 | $60.00 | $153.4K | 530 | 410 |
MTSI | PUT | SWEEP | BEARISH | 05/19/23 | $55.00 | $49.2K | 57 | 319 |
ADBE | PUT | SWEEP | BULLISH | 05/19/23 | $355.00 | $43.5K | 343 | 303 |
PATH | CALL | SWEEP | BULLISH | 01/19/24 | $10.00 | $89.5K | 278 | 260 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option trade that happens to be neutral, expiring in 16 day(s) on May 19, 2023. This event was a transfer of 927 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $91.7K, with a price of $99.0 per contract. There were 31417 open contracts at this strike prior to today, and today 45257 contract(s) were bought and sold.
• For MSFT MSFT, we notice a put option sweep that happens to be neutral, expiring in 2 day(s) on May 5, 2023. This event was a transfer of 199 contract(s) at a $305.00 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 $37.2K, with a price of $187.0 per contract. There were 4909 open contracts at this strike prior to today, and today 9992 contract(s) were bought and sold.
• For INTC INTC, we notice a put option trade that happens to be bullish, expiring in 16 day(s) on May 19, 2023. This event was a transfer of 1000 contract(s) at a $29.50 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $44.0 per contract. There were 1461 open contracts at this strike prior to today, and today 3473 contract(s) were bought and sold.
• For SMCI SMCI, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on May 5, 2023. This event was a transfer of 17 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $42.3K, with a price of $2490.0 per contract. There were 2855 open contracts at this strike prior to today, and today 1976 contract(s) were bought and sold.
• Regarding MU MU, we observe a put option trade with bullish sentiment. It expires in 79 day(s) on July 21, 2023. Parties traded 77 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $347.0 per contract. There were 7384 open contracts at this strike prior to today, and today 754 contract(s) were bought and sold.
• Regarding FIVN FIVN, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on May 19, 2023. Parties traded 168 contract(s) at a $55.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $48.7K, with a price of $290.0 per contract. There were 153 open contracts at this strike prior to today, and today 426 contract(s) were bought and sold.
• Regarding WOLF WOLF, we observe a call option sweep with bearish sentiment. It expires in 261 day(s) on January 19, 2024. Parties traded 341 contract(s) at a $60.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $153.4K, with a price of $450.0 per contract. There were 530 open contracts at this strike prior to today, and today 410 contract(s) were bought and sold.
• For MTSI MTSI, we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on May 19, 2023. This event was a transfer of 318 contract(s) at a $55.00 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 $49.2K, with a price of $155.0 per contract. There were 57 open contracts at this strike prior to today, and today 319 contract(s) were bought and sold.
• For ADBE ADBE, we notice a put option sweep that happens to be bullish, expiring in 16 day(s) on May 19, 2023. This event was a transfer of 44 contract(s) at a $355.00 strike. This particular put needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $43.5K, with a price of $988.0 per contract. There were 343 open contracts at this strike prior to today, and today 303 contract(s) were bought and sold.
• Regarding PATH PATH, we observe a call option sweep with bullish sentiment. It expires in 261 day(s) on January 19, 2024. Parties traded 199 contract(s) at a $10.00 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 $89.5K, with a price of $450.0 per contract. There were 278 open contracts at this strike prior to today, and today 260 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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