10 Communication Services Stocks With Whale Alerts 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 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.

Here's the list of options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding NFLX NFLX, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on September 8, 2023. Parties traded 100 contract(s) at a $440.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $29.9K, with a price of $300.0 per contract. There were 1931 open contracts at this strike prior to today, and today 6673 contract(s) were bought and sold.

• For WMG WMG, we notice a call option trade that happens to be bearish, expiring in 135 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $65.0 per contract. There were 6468 open contracts at this strike prior to today, and today 2450 contract(s) were bought and sold.

• Regarding PARA PARA, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on September 15, 2023. Parties traded 252 contract(s) at a $15.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $41.5K, with a price of $165.0 per contract. There were 13094 open contracts at this strike prior to today, and today 1526 contract(s) were bought and sold.

• Regarding WBD WBD, we observe a put option sweep with bullish sentiment. It expires in 289 day(s) on June 21, 2024. Parties traded 500 contract(s) at a $10.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $54.5K, with a price of $109.0 per contract. There were 9433 open contracts at this strike prior to today, and today 1501 contract(s) were bought and sold.

• Regarding ROKU ROKU, we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on September 29, 2023. Parties traded 145 contract(s) at a $82.00 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 $33.4K, with a price of $229.0 per contract. There were 57 open contracts at this strike prior to today, and today 1004 contract(s) were bought and sold.

• Regarding AMC AMC, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on September 15, 2023. Parties traded 200 contract(s) at a $9.00 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 $26.0K, with a price of $130.0 per contract. There were 37 open contracts at this strike prior to today, and today 804 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a call option sweep with neutral sentiment. It expires in 44 day(s) on October 20, 2023. Parties traded 150 contract(s) at a $145.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $99.5K, with a price of $664.0 per contract. There were 977 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option trade with bearish sentiment. It expires in 135 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $41.3K, with a price of $207.0 per contract. There were 20827 open contracts at this strike prior to today, and today 228 contract(s) were bought and sold.

• Regarding TMUS TMUS, we observe a call option trade with bullish sentiment. It expires in 135 day(s) on January 19, 2024. Parties traded 51 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $590.0 per contract. There were 7085 open contracts at this strike prior to today, and today 222 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option sweep with bearish sentiment. It expires in 135 day(s) on January 19, 2024. Parties traded 120 contract(s) at a $125.00 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 $192.5K, with a price of $1605.0 per contract. There were 21492 open contracts at this strike prior to today, and today 154 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.