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 |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | NEUTRAL | 07/07/23 | $190.00 | $32.6K | 20.2K | 39.1K |
MSFT | CALL | SWEEP | BEARISH | 07/07/23 | $340.00 | $35.5K | 8.8K | 34.7K |
INTC | PUT | TRADE | BEARISH | 08/18/23 | $31.00 | $347.4K | 7.5K | 3.3K |
EBIX | PUT | SWEEP | BEARISH | 07/21/23 | $22.50 | $37.1K | 635 | 1.7K |
DOCN | CALL | SWEEP | BULLISH | 08/18/23 | $60.00 | $32.5K | 103 | 1.1K |
MSTR | CALL | TRADE | BULLISH | 07/07/23 | $380.00 | $28.7K | 865 | 770 |
ENPH | CALL | SWEEP | BEARISH | 07/14/23 | $165.00 | $29.2K | 502 | 562 |
PATH | CALL | TRADE | NEUTRAL | 08/18/23 | $17.50 | $27.4K | 8.6K | 539 |
ASAN | CALL | TRADE | NEUTRAL | 01/17/25 | $30.00 | $91.9K | 681 | 510 |
AVGO | CALL | TRADE | BULLISH | 07/21/23 | $720.00 | $129.4K | 182 | 262 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be neutral, expiring in 1 day(s) on July 7, 2023. This event was a transfer of 220 contract(s) at a $190.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $32.6K, with a price of $148.0 per contract. There were 20228 open contracts at this strike prior to today, and today 39171 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on July 7, 2023. Parties traded 100 contract(s) at a $340.00 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 $35.5K, with a price of $355.0 per contract. There were 8889 open contracts at this strike prior to today, and today 34783 contract(s) were bought and sold.
• For INTC INTC, we notice a put option trade that happens to be bearish, expiring in 43 day(s) on August 18, 2023. This event was a transfer of 2500 contract(s) at a $31.00 strike. The total cost received by the writing party (or parties) was $347.4K, with a price of $139.0 per contract. There were 7500 open contracts at this strike prior to today, and today 3392 contract(s) were bought and sold.
• For EBIX EBIX, we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on July 21, 2023. This event was a transfer of 201 contract(s) at a $22.50 strike. This particular put needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $37.1K, with a price of $185.0 per contract. There were 635 open contracts at this strike prior to today, and today 1784 contract(s) were bought and sold.
• For DOCN DOCN, we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on August 18, 2023. This event was a transfer of 650 contract(s) at a $60.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $32.5K, with a price of $50.0 per contract. There were 103 open contracts at this strike prior to today, and today 1152 contract(s) were bought and sold.
• Regarding MSTR MSTR, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on July 7, 2023. Parties traded 82 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $350.0 per contract. There were 865 open contracts at this strike prior to today, and today 770 contract(s) were bought and sold.
• Regarding ENPH ENPH, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on July 14, 2023. Parties traded 93 contract(s) at a $165.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $315.0 per contract. There were 502 open contracts at this strike prior to today, and today 562 contract(s) were bought and sold.
• For PATH PATH, we notice a call option trade that happens to be neutral, expiring in 43 day(s) on August 18, 2023. This event was a transfer of 366 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $75.0 per contract. There were 8623 open contracts at this strike prior to today, and today 539 contract(s) were bought and sold.
• For ASAN ASAN, we notice a call option trade that happens to be neutral, expiring in 561 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $91.9K, with a price of $460.0 per contract. There were 681 open contracts at this strike prior to today, and today 510 contract(s) were bought and sold.
• Regarding AVGO AVGO, we observe a call option trade with bullish sentiment. It expires in 15 day(s) on July 21, 2023. Parties traded 10 contract(s) at a $720.00 strike. The total cost received by the writing party (or parties) was $129.4K, with a price of $12940.0 per contract. There were 182 open contracts at this strike prior to today, and today 262 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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