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 |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BEARISH | 05/19/23 | $172.50 | $27.3K | 29.2K | 89.2K |
AMD | CALL | SWEEP | NEUTRAL | 05/19/23 | $102.00 | $128.3K | 10.1K | 36.2K |
NVDA | CALL | TRADE | NEUTRAL | 05/19/23 | $295.00 | $31.0K | 13.9K | 25.0K |
MSFT | CALL | SWEEP | BULLISH | 05/19/23 | $312.50 | $53.6K | 5.1K | 17.5K |
PLTR | CALL | SWEEP | BULLISH | 08/18/23 | $11.00 | $358.0K | 15.4K | 7.0K |
TSM | CALL | TRADE | BULLISH | 06/16/23 | $90.00 | $37.5K | 9.2K | 2.7K |
ON | CALL | SWEEP | BEARISH | 05/19/23 | $84.00 | $44.9K | 1.9K | 1.8K |
CSCO | PUT | SWEEP | BEARISH | 05/19/23 | $46.00 | $31.7K | 6.5K | 1.1K |
FSLR | CALL | SWEEP | BEARISH | 05/19/23 | $210.00 | $45.3K | 1.1K | 1.1K |
QCOM | PUT | TRADE | NEUTRAL | 01/19/24 | $75.00 | $246.0K | 2.8K | 1.1K |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on May 19, 2023. Parties traded 300 contract(s) at a $172.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $92.0 per contract. There were 29293 open contracts at this strike prior to today, and today 89244 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be neutral, expiring in 2 day(s) on May 19, 2023. This event was a transfer of 505 contract(s) at a $102.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $128.3K, with a price of $254.0 per contract. There were 10182 open contracts at this strike prior to today, and today 36293 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option trade that happens to be neutral, expiring in 2 day(s) on May 19, 2023. This event was a transfer of 50 contract(s) at a $295.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $620.0 per contract. There were 13931 open contracts at this strike prior to today, and today 25054 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on May 19, 2023. This event was a transfer of 200 contract(s) at a $312.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $53.6K, with a price of $268.0 per contract. There were 5175 open contracts at this strike prior to today, and today 17581 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 93 day(s) on August 18, 2023. This event was a transfer of 4069 contract(s) at a $11.00 strike. This particular call needed to be split into 99 different trades to become filled. The total cost received by the writing party (or parties) was $358.0K, with a price of $88.0 per contract. There were 15414 open contracts at this strike prior to today, and today 7016 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a call option trade with bullish sentiment. It expires in 30 day(s) on June 16, 2023. Parties traded 100 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $375.0 per contract. There were 9275 open contracts at this strike prior to today, and today 2725 contract(s) were bought and sold.
• For ON ON, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on May 19, 2023. This event was a transfer of 188 contract(s) at a $84.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $44.9K, with a price of $239.0 per contract. There were 1949 open contracts at this strike prior to today, and today 1879 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on May 19, 2023. Parties traded 646 contract(s) at a $46.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $31.7K, with a price of $49.0 per contract. There were 6558 open contracts at this strike prior to today, and today 1173 contract(s) were bought and sold.
• Regarding FSLR FSLR, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on May 19, 2023. Parties traded 151 contract(s) at a $210.00 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 $45.3K, with a price of $300.0 per contract. There were 1150 open contracts at this strike prior to today, and today 1113 contract(s) were bought and sold.
• For QCOM QCOM, we notice a put option trade that happens to be neutral, expiring in 247 day(s) on January 19, 2024. This event was a transfer of 1000 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $246.0K, with a price of $246.0 per contract. There were 2848 open contracts at this strike prior to today, and today 1102 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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