10 Communication Services Stocks Whale Activity In Today's Session

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.

Below are some instances of options activity happening in the Communication Services sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding LUMN LUMN, we observe a put option sweep with bullish sentiment. It expires in 149 day(s) on January 19, 2024. Parties traded 425 contract(s) at a $2.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.6K, with a price of $72.0 per contract. There were 47179 open contracts at this strike prior to today, and today 20856 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with bearish sentiment. It expires in 2 day(s) on August 25, 2023. Parties traded 100 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $33.7K, with a price of $337.0 per contract. There were 11078 open contracts at this strike prior to today, and today 6887 contract(s) were bought and sold.

• For GOOG GOOG, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on August 25, 2023. This event was a transfer of 180 contract(s) at a $133.00 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 $32.4K, with a price of $180.0 per contract. There were 3115 open contracts at this strike prior to today, and today 5124 contract(s) were bought and sold.

• Regarding SE SE, we observe a call option trade with neutral sentiment. It expires in 86 day(s) on November 17, 2023. Parties traded 499 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $93.3K, with a price of $187.0 per contract. There were 10581 open contracts at this strike prior to today, and today 1965 contract(s) were bought and sold.

• Regarding PARA PARA, we observe a call option sweep with bullish sentiment. It expires in 149 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $15.00 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 $40.0K, with a price of $200.0 per contract. There were 8153 open contracts at this strike prior to today, and today 1288 contract(s) were bought and sold.

• Regarding ROKU ROKU, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on September 1, 2023. Parties traded 100 contract(s) at a $80.00 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 $30.0K, with a price of $300.0 per contract. There were 595 open contracts at this strike prior to today, and today 1123 contract(s) were bought and sold.

• Regarding DISH DISH, we observe a call option sweep with bearish sentiment. It expires in 114 day(s) on December 15, 2023. Parties traded 600 contract(s) at a $7.00 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $53.4K, with a price of $89.0 per contract. There were 1952 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold.

• Regarding META META, we observe a put option sweep with neutral sentiment. It expires in 86 day(s) on November 17, 2023. Parties traded 21 contract(s) at a $300.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $49.4K, with a price of $2356.0 per contract. There were 7429 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold.

• For TTD TTD, we notice a put option sweep that happens to be bullish, expiring in 58 day(s) on October 20, 2023. This event was a transfer of 200 contract(s) at a $75.00 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 $68.0K, with a price of $340.0 per contract. There were 2571 open contracts at this strike prior to today, and today 326 contract(s) were bought and sold.

• For BIDU BIDU, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on September 1, 2023. This event was a transfer of 100 contract(s) at a $129.00 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 $48.5K, with a price of $485.0 per contract. There were 156 open contracts at this strike prior to today, and today 112 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.