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 |
---|---|---|---|---|---|---|---|---|
AMD | CALL | SWEEP | NEUTRAL | 06/16/23 | $130.00 | $39.9K | 38.8K | 60.5K |
NVDA | CALL | TRADE | BEARISH | 06/16/23 | $410.00 | $63.4K | 23.0K | 56.1K |
MSFT | CALL | TRADE | BULLISH | 06/16/23 | $335.00 | $57.2K | 16.9K | 21.7K |
ORCL | CALL | TRADE | BEARISH | 06/16/23 | $120.00 | $33.2K | 10.0K | 15.9K |
MARA | PUT | SWEEP | BEARISH | 08/18/23 | $9.00 | $456.9K | 12.4K | 7.0K |
SNOW | CALL | SWEEP | BULLISH | 06/16/23 | $180.00 | $35.7K | 3.5K | 3.8K |
PLTR | CALL | SWEEP | BEARISH | 08/18/23 | $16.00 | $26.0K | 19.4K | 2.5K |
ASAN | CALL | SWEEP | BULLISH | 06/16/23 | $26.00 | $25.0K | 1.1K | 2.2K |
AI | PUT | TRADE | BEARISH | 07/21/23 | $40.00 | $25.6K | 16.0K | 2.2K |
AMAT | CALL | TRADE | NEUTRAL | 01/19/24 | $150.00 | $54.0K | 2.4K | 2.0K |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMD AMD, we notice a call option sweep that happens to be neutral, expiring in 3 day(s) on June 16, 2023. This event was a transfer of 129 contract(s) at a $130.00 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 $39.9K, with a price of $310.0 per contract. There were 38843 open contracts at this strike prior to today, and today 60529 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on June 16, 2023. Parties traded 90 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $63.4K, with a price of $705.0 per contract. There were 23077 open contracts at this strike prior to today, and today 56142 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on June 16, 2023. Parties traded 200 contract(s) at a $335.00 strike. The total cost received by the writing party (or parties) was $57.2K, with a price of $286.0 per contract. There were 16920 open contracts at this strike prior to today, and today 21798 contract(s) were bought and sold.
• Regarding ORCL ORCL, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on June 16, 2023. Parties traded 326 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $102.0 per contract. There were 10098 open contracts at this strike prior to today, and today 15960 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a put option sweep with bearish sentiment. It expires in 66 day(s) on August 18, 2023. Parties traded 2967 contract(s) at a $9.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $456.9K, with a price of $154.0 per contract. There were 12465 open contracts at this strike prior to today, and today 7071 contract(s) were bought and sold.
• For SNOW SNOW, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on June 16, 2023. This event was a transfer of 190 contract(s) at a $180.00 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 $35.7K, with a price of $188.0 per contract. There were 3524 open contracts at this strike prior to today, and today 3898 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bearish sentiment. It expires in 66 day(s) on August 18, 2023. Parties traded 120 contract(s) at a $16.00 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 $26.0K, with a price of $217.0 per contract. There were 19439 open contracts at this strike prior to today, and today 2567 contract(s) were bought and sold.
• For ASAN ASAN, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on June 16, 2023. This event was a transfer of 500 contract(s) at a $26.00 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 $25.0K, with a price of $50.0 per contract. There were 1154 open contracts at this strike prior to today, and today 2281 contract(s) were bought and sold.
• For AI AI, we notice a put option trade that happens to be bearish, expiring in 38 day(s) on July 21, 2023. This event was a transfer of 50 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $513.0 per contract. There were 16032 open contracts at this strike prior to today, and today 2229 contract(s) were bought and sold.
• For AMAT AMAT, we notice a call option trade that happens to be neutral, expiring in 220 day(s) on January 19, 2024. This event was a transfer of 40 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $54.0K, with a price of $1352.0 per contract. There were 2444 open contracts at this strike prior to today, and today 2024 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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