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 |
---|---|---|---|---|---|---|---|---|
CSCO | PUT | SWEEP | BEARISH | 01/19/24 | $45.00 | $30.7K | 20.7K | 4.2K |
NVDA | CALL | SWEEP | BEARISH | 06/16/23 | $330.00 | $83.3K | 22.0K | 3.4K |
AAPL | CALL | SWEEP | BEARISH | 06/16/23 | $182.50 | $34.4K | 1.0K | 3.1K |
INTC | CALL | SWEEP | BEARISH | 07/21/23 | $31.00 | $49.3K | 22.1K | 1.0K |
PANW | CALL | TRADE | BULLISH | 06/02/23 | $210.00 | $50.9K | 564 | 1.0K |
SPLK | CALL | TRADE | BEARISH | 08/18/23 | $100.00 | $35.2K | 2.5K | 847 |
MU | PUT | TRADE | NEUTRAL | 01/19/24 | $65.00 | $33.5K | 11.0K | 845 |
FSLR | CALL | SWEEP | BULLISH | 05/26/23 | $200.00 | $47.9K | 250 | 755 |
AVID | PUT | SWEEP | BEARISH | 06/16/23 | $30.00 | $195.0K | 0 | 700 |
DDOG | PUT | SWEEP | BEARISH | 05/26/23 | $92.00 | $52.5K | 506 | 694 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding CSCO CSCO, we observe a put option sweep with bearish sentiment. It expires in 240 day(s) on January 19, 2024. Parties traded 135 contract(s) at a $45.00 strike. This particular put needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $228.0 per contract. There were 20743 open contracts at this strike prior to today, and today 4235 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on June 16, 2023. This event was a transfer of 150 contract(s) at a $330.00 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 $83.3K, with a price of $555.0 per contract. There were 22069 open contracts at this strike prior to today, and today 3410 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on June 16, 2023. This event was a transfer of 675 contract(s) at a $182.50 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 $34.4K, with a price of $51.0 per contract. There were 1070 open contracts at this strike prior to today, and today 3107 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with bearish sentiment. It expires in 58 day(s) on July 21, 2023. Parties traded 625 contract(s) at a $31.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $79.0 per contract. There were 22166 open contracts at this strike prior to today, and today 1034 contract(s) were bought and sold.
• For PANW PANW, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on June 2, 2023. This event was a transfer of 200 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $50.9K, with a price of $255.0 per contract. There were 564 open contracts at this strike prior to today, and today 1024 contract(s) were bought and sold.
• Regarding SPLK SPLK, we observe a call option trade with bearish sentiment. It expires in 86 day(s) on August 18, 2023. Parties traded 48 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $35.2K, with a price of $735.0 per contract. There were 2526 open contracts at this strike prior to today, and today 847 contract(s) were bought and sold.
• Regarding MU MU, we observe a put option trade with neutral sentiment. It expires in 240 day(s) on January 19, 2024. Parties traded 45 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $745.0 per contract. There were 11015 open contracts at this strike prior to today, and today 845 contract(s) were bought and sold.
• Regarding FSLR FSLR, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on May 26, 2023. Parties traded 200 contract(s) at a $200.00 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 $47.9K, with a price of $240.0 per contract. There were 250 open contracts at this strike prior to today, and today 755 contract(s) were bought and sold.
• Regarding AVID AVID, we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on June 16, 2023. Parties traded 300 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 $195.0K, with a price of $650.0 per contract. There were 0 open contracts at this strike prior to today, and today 700 contract(s) were bought and sold.
• For DDOG DDOG, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on May 26, 2023. This event was a transfer of 383 contract(s) at a $92.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $52.5K, with a price of $137.0 per contract. There were 506 open contracts at this strike prior to today, and today 694 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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