9 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.

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

Explanation

These itemized elaborations have been created using the accompanying table.

• For META META, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 333 contract(s) at a $300.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $82.0 per contract. There were 7442 open contracts at this strike prior to today, and today 16286 contract(s) were bought and sold.

• Regarding ATVI ATVI, we observe a put option sweep with bearish sentiment. It expires in 28 day(s) on October 20, 2023. Parties traded 785 contract(s) at a $92.50 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 $46.8K, with a price of $60.0 per contract. There were 2778 open contracts at this strike prior to today, and today 9282 contract(s) were bought and sold.

• For PARA PARA, we notice a call option sweep that happens to be bearish, expiring in 119 day(s) on January 19, 2024. This event was a transfer of 389 contract(s) at a $15.00 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 $26.0K, with a price of $67.0 per contract. There were 13946 open contracts at this strike prior to today, and today 2593 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on October 20, 2023. Parties traded 246 contract(s) at a $85.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $116.0 per contract. There were 22010 open contracts at this strike prior to today, and today 2057 contract(s) were bought and sold.

• For CNK CNK, we notice a call option trade that happens to be bearish, expiring in 483 day(s) on January 17, 2025. This event was a transfer of 1500 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $172.4K, with a price of $115.0 per contract. There were 178 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a put option trade with bearish sentiment. It expires in 84 day(s) on December 15, 2023. Parties traded 64 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $50.3K, with a price of $787.0 per contract. There were 4479 open contracts at this strike prior to today, and today 1200 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on September 29, 2023. Parties traded 109 contract(s) at a $128.00 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 $43.0K, with a price of $395.0 per contract. There were 239 open contracts at this strike prior to today, and today 725 contract(s) were bought and sold.

• For CMCSA CMCSA, we notice a put option sweep that happens to be bearish, expiring in 210 day(s) on April 19, 2024. This event was a transfer of 400 contract(s) at a $47.50 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $154.0K, with a price of $385.0 per contract. There were 113 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.

• For ROKU ROKU, we notice a call option trade that happens to be bullish, expiring in 483 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $2780.0 per contract. There were 296 open contracts at this strike prior to today, and today 13 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.