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 |
---|---|---|---|---|---|---|---|---|
NVDA | PUT | SWEEP | BEARISH | 07/28/23 | $465.00 | $49.7K | 5.2K | 61.7K |
AAPL | PUT | TRADE | BEARISH | 08/04/23 | $195.00 | $26.1K | 8.4K | 11.9K |
ENPH | PUT | SWEEP | BEARISH | 07/28/23 | $172.50 | $30.4K | 3.0K | 1.3K |
MIR | PUT | SWEEP | BEARISH | 01/19/24 | $8.00 | $63.4K | 1.2K | 1.0K |
INTC | CALL | SWEEP | BEARISH | 08/11/23 | $34.00 | $39.5K | 1.6K | 890 |
ON | CALL | SWEEP | BULLISH | 08/04/23 | $110.00 | $75.0K | 256 | 799 |
CRWD | PUT | SWEEP | BEARISH | 08/04/23 | $150.00 | $27.9K | 580 | 514 |
CRM | CALL | SWEEP | BULLISH | 08/04/23 | $225.00 | $31.5K | 454 | 430 |
IT | PUT | SWEEP | BULLISH | 08/18/23 | $340.00 | $30.5K | 112 | 363 |
QCOM | PUT | SWEEP | BULLISH | 10/20/23 | $125.00 | $147.6K | 1.3K | 346 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 473 contract(s) at a $465.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $49.7K, with a price of $105.0 per contract. There were 5214 open contracts at this strike prior to today, and today 61703 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option trade that happens to be bearish, expiring in 7 day(s) on August 4, 2023. This event was a transfer of 85 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $308.0 per contract. There were 8440 open contracts at this strike prior to today, and today 11952 contract(s) were bought and sold.
• For ENPH ENPH, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 16 contract(s) at a $172.50 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 $30.4K, with a price of $1900.0 per contract. There were 3053 open contracts at this strike prior to today, and today 1327 contract(s) were bought and sold.
• Regarding MIR MIR, we observe a put option sweep with bearish sentiment. It expires in 175 day(s) on January 19, 2024. Parties traded 604 contract(s) at a $8.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $63.4K, with a price of $105.0 per contract. There were 1232 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on August 11, 2023. This event was a transfer of 154 contract(s) at a $34.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $257.0 per contract. There were 1617 open contracts at this strike prior to today, and today 890 contract(s) were bought and sold.
• Regarding ON ON, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on August 4, 2023. Parties traded 449 contract(s) at a $110.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $75.0K, with a price of $167.0 per contract. There were 256 open contracts at this strike prior to today, and today 799 contract(s) were bought and sold.
• Regarding CRWD CRWD, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on August 4, 2023. Parties traded 217 contract(s) at a $150.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $129.0 per contract. There were 580 open contracts at this strike prior to today, and today 514 contract(s) were bought and sold.
• Regarding CRM CRM, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on August 4, 2023. Parties traded 100 contract(s) at a $225.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $315.0 per contract. There were 454 open contracts at this strike prior to today, and today 430 contract(s) were bought and sold.
• For IT IT, we notice a put option sweep that happens to be bullish, expiring in 21 day(s) on August 18, 2023. This event was a transfer of 43 contract(s) at a $340.00 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 $30.5K, with a price of $710.0 per contract. There were 112 open contracts at this strike prior to today, and today 363 contract(s) were bought and sold.
• Regarding QCOM QCOM, we observe a put option sweep with bullish sentiment. It expires in 84 day(s) on October 20, 2023. Parties traded 271 contract(s) at a $125.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $147.6K, with a price of $545.0 per contract. There were 1376 open contracts at this strike prior to today, and today 346 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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