9 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 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.

Here's the list of options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For NFLX NFLX, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on June 16, 2023. This event was a transfer of 100 contract(s) at a $445.00 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 $39.2K, with a price of $395.0 per contract. There were 3035 open contracts at this strike prior to today, and today 11443 contract(s) were bought and sold.

• Regarding WBD WBD, we observe a call option sweep with bullish sentiment. It expires in 15 day(s) on June 30, 2023. Parties traded 1101 contract(s) at a $12.00 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 $135.4K, with a price of $123.0 per contract. There were 475 open contracts at this strike prior to today, and today 9049 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a put option sweep with bullish sentiment. It expires in 36 day(s) on July 21, 2023. Parties traded 161 contract(s) at a $120.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $213.0 per contract. There were 29191 open contracts at this strike prior to today, and today 3580 contract(s) were bought and sold.

• For META META, we notice a call option sweep that happens to be bullish, expiring in 372 day(s) on June 21, 2024. This event was a transfer of 93 contract(s) at a $310.00 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 $339.9K, with a price of $3655.0 per contract. There were 12077 open contracts at this strike prior to today, and today 2569 contract(s) were bought and sold.

• Regarding MANU MANU, we observe a put option trade with bearish sentiment. It expires in 36 day(s) on July 21, 2023. Parties traded 1100 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $264.0K, with a price of $240.0 per contract. There were 105 open contracts at this strike prior to today, and today 1829 contract(s) were bought and sold.

• For RBLX RBLX, we notice a call option trade that happens to be neutral, expiring in 1 day(s) on June 16, 2023. This event was a transfer of 300 contract(s) at a $38.50 strike. The total cost received by the writing party (or parties) was $57.9K, with a price of $193.0 per contract. There were 1241 open contracts at this strike prior to today, and today 613 contract(s) were bought and sold.

• Regarding LYV LYV, we observe a call option sweep with bullish sentiment. It expires in 64 day(s) on August 18, 2023. Parties traded 204 contract(s) at a $92.50 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 $63.2K, with a price of $310.0 per contract. There were 11 open contracts at this strike prior to today, and today 261 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 127 day(s) on October 20, 2023. Parties traded 44 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 $27.8K, with a price of $630.0 per contract. There were 5417 open contracts at this strike prior to today, and today 253 contract(s) were bought and sold.

• For DIS DIS, we notice a put option trade that happens to be bullish, expiring in 218 day(s) on January 19, 2024. This event was a transfer of 750 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $429.0K, with a price of $572.0 per contract. There were 14616 open contracts at this strike prior to today, and today 85 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.