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 |
---|---|---|---|---|---|---|---|---|
AMC | PUT | SWEEP | BULLISH | 09/15/23 | $4.00 | $27.0K | 321.1K | 12.2K |
GOOG | CALL | SWEEP | BULLISH | 10/20/23 | $135.00 | $46.5K | 13.7K | 9.2K |
META | CALL | TRADE | BULLISH | 08/11/23 | $310.00 | $25.0K | 1.7K | 8.7K |
RBLX | CALL | SWEEP | BEARISH | 08/18/23 | $31.00 | $32.5K | 11 | 5.3K |
CMCSA | PUT | TRADE | BEARISH | 01/19/24 | $42.50 | $548.0K | 7.7K | 4.0K |
DISH | PUT | TRADE | BULLISH | 01/19/24 | $7.50 | $64.5K | 14.7K | 3.5K |
NFLX | CALL | SWEEP | BEARISH | 08/11/23 | $430.00 | $26.4K | 950 | 1.5K |
PINS | PUT | SWEEP | NEUTRAL | 01/17/25 | $25.00 | $39.1K | 9.0K | 1.3K |
TTWO | CALL | SWEEP | BULLISH | 09/08/23 | $142.00 | $58.3K | 6 | 500 |
TTD | PUT | SWEEP | BEARISH | 08/18/23 | $82.00 | $40.0K | 586 | 181 |
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 37 day(s) on September 15, 2023. This event was a transfer of 250 contract(s) at a $4.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $108.0 per contract. There were 321192 open contracts at this strike prior to today, and today 12248 contract(s) were bought and sold.
• For GOOG GOOG, we notice a call option sweep that happens to be bullish, expiring in 72 day(s) on October 20, 2023. This event was a transfer of 94 contract(s) at a $135.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $495.0 per contract. There were 13743 open contracts at this strike prior to today, and today 9247 contract(s) were bought and sold.
• Regarding META META, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on August 11, 2023. Parties traded 100 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 1777 open contracts at this strike prior to today, and today 8712 contract(s) were bought and sold.
• For RBLX RBLX, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on August 18, 2023. This event was a transfer of 407 contract(s) at a $31.00 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 $32.5K, with a price of $80.0 per contract. There were 11 open contracts at this strike prior to today, and today 5397 contract(s) were bought and sold.
• Regarding CMCSA CMCSA, we observe a put option trade with bearish sentiment. It expires in 163 day(s) on January 19, 2024. Parties traded 4000 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $548.0K, with a price of $137.0 per contract. There were 7796 open contracts at this strike prior to today, and today 4007 contract(s) were bought and sold.
• For DISH DISH, we notice a put option trade that happens to be bullish, expiring in 163 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $64.5K, with a price of $129.0 per contract. There were 14765 open contracts at this strike prior to today, and today 3547 contract(s) were bought and sold.
• Regarding NFLX NFLX, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on August 11, 2023. Parties traded 49 contract(s) at a $430.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $540.0 per contract. There were 950 open contracts at this strike prior to today, and today 1551 contract(s) were bought and sold.
• For PINS PINS, we notice a put option sweep that happens to be neutral, expiring in 527 day(s) on January 17, 2025. This event was a transfer of 90 contract(s) at a $25.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.1K, with a price of $435.0 per contract. There were 9004 open contracts at this strike prior to today, and today 1322 contract(s) were bought and sold.
• For TTWO TTWO, we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on September 8, 2023. This event was a transfer of 162 contract(s) at a $142.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $58.3K, with a price of $360.0 per contract. There were 6 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• For TTD TTD, we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on August 18, 2023. This event was a transfer of 80 contract(s) at a $82.00 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 $40.0K, with a price of $500.0 per contract. There were 586 open contracts at this strike prior to today, and today 181 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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