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 | CALL | SWEEP | BULLISH | 08/11/23 | $410.00 | $26.8K | 1.0K | 57.6K |
ORCL | CALL | SWEEP | BEARISH | 08/18/23 | $114.00 | $27.3K | 1.3K | 5.3K |
PLTR | CALL | SWEEP | BULLISH | 06/21/24 | $15.00 | $35.2K | 14.1K | 2.5K |
AAPL | CALL | TRADE | BEARISH | 10/20/23 | $190.00 | $32.6K | 23.9K | 2.1K |
AMD | PUT | TRADE | NEUTRAL | 08/11/23 | $112.00 | $30.7K | 3.9K | 1.9K |
HPE | CALL | SWEEP | BEARISH | 01/19/24 | $19.00 | $96.8K | 3.7K | 1.8K |
NET | PUT | TRADE | BEARISH | 01/19/24 | $55.00 | $60.4K | 2.3K | 1.4K |
AVGO | PUT | SWEEP | BULLISH | 08/25/23 | $800.00 | $1.5 million | 2.1K | 1.4K |
SMCI | PUT | SWEEP | BEARISH | 08/18/23 | $255.00 | $72.9K | 629 | 997 |
MSFT | CALL | TRADE | BEARISH | 08/25/23 | $325.00 | $45.9K | 868 | 763 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 112 contract(s) at a $410.00 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 $26.8K, with a price of $240.0 per contract. There were 1071 open contracts at this strike prior to today, and today 57616 contract(s) were bought and sold.
• For ORCL ORCL, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on August 18, 2023. This event was a transfer of 300 contract(s) at a $114.00 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 $27.3K, with a price of $91.0 per contract. There were 1390 open contracts at this strike prior to today, and today 5365 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 315 day(s) on June 21, 2024. This event was a transfer of 85 contract(s) at a $15.00 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 $35.2K, with a price of $415.0 per contract. There were 14185 open contracts at this strike prior to today, and today 2586 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option trade with bearish sentiment. It expires in 70 day(s) on October 20, 2023. Parties traded 135 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $32.6K, with a price of $242.0 per contract. There were 23905 open contracts at this strike prior to today, and today 2122 contract(s) were bought and sold.
• For AMD AMD, we notice a put option trade that happens to be neutral, is expiring today. Parties traded 75 contract(s) at a $112.00 strike. The total cost received by the writing party (or parties) was $30.7K, with a price of $410.0 per contract. There were 3952 open contracts at this strike prior to today, and today 1918 contract(s) were bought and sold.
• For HPE HPE, we notice a call option sweep that happens to be bearish, expiring in 161 day(s) on January 19, 2024. This event was a transfer of 1139 contract(s) at a $19.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $96.8K, with a price of $85.0 per contract. There were 3774 open contracts at this strike prior to today, and today 1859 contract(s) were bought and sold.
• For NET NET, we notice a put option trade that happens to be bearish, expiring in 161 day(s) on January 19, 2024. This event was a transfer of 114 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $60.4K, with a price of $530.0 per contract. There were 2364 open contracts at this strike prior to today, and today 1483 contract(s) were bought and sold.
• For AVGO AVGO, we notice a put option sweep that happens to be bullish, expiring in 14 day(s) on August 25, 2023. This event was a transfer of 1417 contract(s) at a $800.00 strike. This particular put needed to be split into 245 different trades to become filled. The total cost received by the writing party (or parties) was $1.5 million, with a price of $1040.0 per contract. There were 2184 open contracts at this strike prior to today, and today 1455 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on August 18, 2023. Parties traded 64 contract(s) at a $255.00 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 $72.9K, with a price of $1140.0 per contract. There were 629 open contracts at this strike prior to today, and today 997 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 14 day(s) on August 25, 2023. This event was a transfer of 100 contract(s) at a $325.00 strike. The total cost received by the writing party (or parties) was $45.9K, with a price of $460.0 per contract. There were 868 open contracts at this strike prior to today, and today 763 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 about 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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