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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BEARISH | 08/04/23 | $465.00 | $80.2K | 5.8K | 16.8K |
AI | PUT | SWEEP | BEARISH | 09/15/23 | $45.00 | $77.4K | 354 | 10.3K |
AAPL | PUT | SWEEP | BEARISH | 08/04/23 | $195.00 | $29.9K | 16.0K | 9.4K |
AMD | CALL | SWEEP | BULLISH | 08/18/23 | $120.00 | $101.9K | 29.2K | 8.2K |
CSCO | CALL | TRADE | BEARISH | 11/17/23 | $55.00 | $70.5K | 735 | 2.1K |
MSFT | CALL | TRADE | BEARISH | 08/18/23 | $340.00 | $28.8K | 18.5K | 2.1K |
DT | CALL | SWEEP | BULLISH | 08/04/23 | $54.00 | $223.2K | 60 | 1.0K |
APP | PUT | SWEEP | BEARISH | 01/19/24 | $17.50 | $55.1K | 2.1K | 1.0K |
FSLR | PUT | SWEEP | BULLISH | 08/11/23 | $205.00 | $26.2K | 296 | 940 |
ANET | CALL | TRADE | BEARISH | 08/04/23 | $155.00 | $31.6K | 1.2K | 793 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on August 4, 2023. This event was a transfer of 95 contract(s) at a $465.00 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 $80.2K, with a price of $845.0 per contract. There were 5839 open contracts at this strike prior to today, and today 16841 contract(s) were bought and sold.
• For AI AI, we notice a put option sweep that happens to be bearish, expiring in 45 day(s) on September 15, 2023. This event was a transfer of 102 contract(s) at a $45.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $77.4K, with a price of $760.0 per contract. There were 354 open contracts at this strike prior to today, and today 10311 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on August 4, 2023. This event was a transfer of 100 contract(s) at a $195.00 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 $29.9K, with a price of $299.0 per contract. There were 16083 open contracts at this strike prior to today, and today 9424 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 17 day(s) on August 18, 2023. This event was a transfer of 200 contract(s) at a $120.00 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 $101.9K, with a price of $510.0 per contract. There were 29218 open contracts at this strike prior to today, and today 8263 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a call option trade with bearish sentiment. It expires in 108 day(s) on November 17, 2023. Parties traded 455 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $70.5K, with a price of $155.0 per contract. There were 735 open contracts at this strike prior to today, and today 2177 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 17 day(s) on August 18, 2023. This event was a transfer of 50 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $577.0 per contract. There were 18571 open contracts at this strike prior to today, and today 2167 contract(s) were bought and sold.
• Regarding DT DT, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on August 4, 2023. Parties traded 911 contract(s) at a $54.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $223.2K, with a price of $245.0 per contract. There were 60 open contracts at this strike prior to today, and today 1091 contract(s) were bought and sold.
• For APP APP, we notice a put option sweep that happens to be bearish, expiring in 171 day(s) on January 19, 2024. This event was a transfer of 1000 contract(s) at a $17.50 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $55.1K, with a price of $55.0 per contract. There were 2100 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding FSLR FSLR, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on August 11, 2023. Parties traded 42 contract(s) at a $205.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $625.0 per contract. There were 296 open contracts at this strike prior to today, and today 940 contract(s) were bought and sold.
• Regarding ANET ANET, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on August 4, 2023. Parties traded 10 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $3160.0 per contract. There were 1224 open contracts at this strike prior to today, and today 793 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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