10 Communication Services Stocks Whale Activity 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 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:

Explanation

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

• For AMC AMC, we notice a put option sweep that happens to be bullish, expiring in 57 day(s) on August 18, 2023. This event was a transfer of 155 contract(s) at a $4.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $165.0 per contract. There were 146604 open contracts at this strike prior to today, and today 27349 contract(s) were bought and sold.

• Regarding META META, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on June 23, 2023. Parties traded 250 contract(s) at a $282.50 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 $27.8K, with a price of $111.0 per contract. There were 3381 open contracts at this strike prior to today, and today 14263 contract(s) were bought and sold.

• For SIRI SIRI, we notice a put option sweep that happens to be bearish, expiring in 57 day(s) on August 18, 2023. This event was a transfer of 700 contract(s) at a $4.00 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 $38.5K, with a price of $55.0 per contract. There were 18676 open contracts at this strike prior to today, and today 5496 contract(s) were bought and sold.

• For DISH DISH, we notice a put option trade that happens to be bullish, expiring in 176 day(s) on December 15, 2023. This event was a transfer of 5000 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $550.0K, with a price of $110.0 per contract. There were 747 open contracts at this strike prior to today, and today 5000 contract(s) were bought and sold.

• For GOOG GOOG, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on June 30, 2023. This event was a transfer of 97 contract(s) at a $120.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $340.0 per contract. There were 476 open contracts at this strike prior to today, and today 2362 contract(s) were bought and sold.

• For CMCSA CMCSA, we notice a put option sweep that happens to be bearish, expiring in 57 day(s) on August 18, 2023. This event was a transfer of 205 contract(s) at a $40.00 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 $26.0K, with a price of $127.0 per contract. There were 545 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 456 day(s) on September 20, 2024. Parties traded 50 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $65.7K, with a price of $1315.0 per contract. There were 2002 open contracts at this strike prior to today, and today 308 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option trade that happens to be bullish, expiring in 36 day(s) on July 28, 2023. This event was a transfer of 40 contract(s) at a $475.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $670.0 per contract. There were 37 open contracts at this strike prior to today, and today 123 contract(s) were bought and sold.

• Regarding CHTR CHTR, we observe a call option sweep with bearish sentiment. It expires in 29 day(s) on July 21, 2023. Parties traded 93 contract(s) at a $350.00 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 $37.2K, with a price of $400.0 per contract. There were 163 open contracts at this strike prior to today, and today 96 contract(s) were bought and sold.

• Regarding RBLX RBLX, we observe a call option trade with bearish sentiment. It expires in 365 day(s) on June 21, 2024. Parties traded 25 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $53.7K, with a price of $2150.0 per contract. There were 53 open contracts at this strike prior to today, and today 30 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.