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 |
---|---|---|---|---|---|---|---|---|
MARA | PUT | SWEEP | BULLISH | 07/07/23 | $14.00 | $33.7K | 927 | 4.9K |
EXTR | PUT | TRADE | BULLISH | 08/18/23 | $22.50 | $48.0K | 385 | 4.8K |
CRWD | CALL | SWEEP | BEARISH | 07/07/23 | $150.00 | $35.2K | 2.8K | 2.4K |
AI | CALL | SWEEP | BEARISH | 06/30/23 | $35.50 | $77.0K | 2.2K | 2.0K |
MSFT | CALL | TRADE | NEUTRAL | 07/21/23 | $340.00 | $28.8K | 12.9K | 1.6K |
INTC | PUT | TRADE | BULLISH | 12/19/25 | $28.00 | $55.9K | 362 | 1.5K |
NVDA | CALL | TRADE | BULLISH | 07/21/23 | $410.00 | $46.9K | 4.6K | 1.2K |
EBIX | CALL | TRADE | NEUTRAL | 08/18/23 | $25.00 | $69.0K | 7.1K | 1.0K |
AAPL | PUT | TRADE | NEUTRAL | 09/20/24 | $220.00 | $60.2K | 417 | 780 |
MU | CALL | TRADE | BEARISH | 01/19/24 | $62.50 | $93.7K | 4.5K | 655 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding MARA MARA, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on July 7, 2023. Parties traded 388 contract(s) at a $14.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $87.0 per contract. There were 927 open contracts at this strike prior to today, and today 4953 contract(s) were bought and sold.
• Regarding EXTR EXTR, we observe a put option trade with bullish sentiment. It expires in 49 day(s) on August 18, 2023. Parties traded 600 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $48.0K, with a price of $80.0 per contract. There were 385 open contracts at this strike prior to today, and today 4870 contract(s) were bought and sold.
• Regarding CRWD CRWD, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on July 7, 2023. Parties traded 241 contract(s) at a $150.00 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 $35.2K, with a price of $146.0 per contract. There were 2818 open contracts at this strike prior to today, and today 2497 contract(s) were bought and sold.
• For AI AI, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 500 contract(s) at a $35.50 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $77.0K, with a price of $150.0 per contract. There were 2283 open contracts at this strike prior to today, and today 2028 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be neutral, expiring in 21 day(s) on July 21, 2023. This event was a transfer of 39 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $740.0 per contract. There were 12988 open contracts at this strike prior to today, and today 1600 contract(s) were bought and sold.
• For INTC INTC, we notice a put option trade that happens to be bullish, expiring in 903 day(s) on December 19, 2025. This event was a transfer of 167 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $55.9K, with a price of $335.0 per contract. There were 362 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option trade with bullish sentiment. It expires in 21 day(s) on July 21, 2023. Parties traded 20 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $46.9K, with a price of $2345.0 per contract. There were 4633 open contracts at this strike prior to today, and today 1242 contract(s) were bought and sold.
• For EBIX EBIX, we notice a call option trade that happens to be neutral, expiring in 49 day(s) on August 18, 2023. This event was a transfer of 119 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $69.0K, with a price of $580.0 per contract. There were 7100 open contracts at this strike prior to today, and today 1080 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option trade with neutral sentiment. It expires in 448 day(s) on September 20, 2024. Parties traded 20 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $60.2K, with a price of $3010.0 per contract. There were 417 open contracts at this strike prior to today, and today 780 contract(s) were bought and sold.
• For MU MU, we notice a call option trade that happens to be bearish, expiring in 203 day(s) on January 19, 2024. This event was a transfer of 113 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $93.7K, with a price of $830.0 per contract. There were 4580 open contracts at this strike prior to today, and today 655 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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