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 | PUT | TRADE | BULLISH | 10/06/23 | $430.00 | $36.7K | 11.1K | 22.1K |
MSFT | CALL | SWEEP | BEARISH | 10/06/23 | $325.00 | $26.9K | 7.0K | 9.7K |
PATH | PUT | SWEEP | BEARISH | 11/17/23 | $12.50 | $43.0K | 1.1K | 2.9K |
SMCI | PUT | TRADE | BEARISH | 10/06/23 | $270.00 | $32.0K | 1.0K | 1.8K |
RIOT | CALL | SWEEP | BEARISH | 01/17/25 | $4.00 | $166.1K | 483 | 714 |
ZM | CALL | TRADE | BULLISH | 10/20/23 | $70.00 | $35.5K | 4.4K | 491 |
CLSK | CALL | SWEEP | BULLISH | 01/17/25 | $10.00 | $63.9K | 17.0K | 331 |
ZS | PUT | SWEEP | BEARISH | 11/17/23 | $130.00 | $28.8K | 1.9K | 252 |
DELL | PUT | SWEEP | BEARISH | 01/17/25 | $47.50 | $28.0K | 70 | 226 |
OKTA | PUT | TRADE | BEARISH | 01/17/25 | $55.00 | $96.6K | 167 | 210 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA NVDA, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on October 6, 2023. This event was a transfer of 90 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $36.7K, with a price of $408.0 per contract. There were 11197 open contracts at this strike prior to today, and today 22175 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on October 6, 2023. Parties traded 886 contract(s) at a $325.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $30.0 per contract. There were 7021 open contracts at this strike prior to today, and today 9719 contract(s) were bought and sold.
• For PATH PATH, we notice a put option sweep that happens to be bearish, expiring in 45 day(s) on November 17, 2023. This event was a transfer of 2867 contract(s) at a $12.50 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $15.0 per contract. There were 1185 open contracts at this strike prior to today, and today 2967 contract(s) were bought and sold.
• For SMCI SMCI, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on October 6, 2023. This event was a transfer of 50 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $640.0 per contract. There were 1006 open contracts at this strike prior to today, and today 1817 contract(s) were bought and sold.
• Regarding RIOT RIOT, we observe a call option sweep with bearish sentiment. It expires in 472 day(s) on January 17, 2025. Parties traded 284 contract(s) at a $4.00 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 $166.1K, with a price of $585.0 per contract. There were 483 open contracts at this strike prior to today, and today 714 contract(s) were bought and sold.
• Regarding ZM ZM, we observe a call option trade with bullish sentiment. It expires in 17 day(s) on October 20, 2023. Parties traded 183 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $35.5K, with a price of $194.0 per contract. There were 4443 open contracts at this strike prior to today, and today 491 contract(s) were bought and sold.
• Regarding CLSK CLSK, we observe a call option sweep with bullish sentiment. It expires in 472 day(s) on January 17, 2025. Parties traded 639 contract(s) at a $10.00 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 $63.9K, with a price of $100.0 per contract. There were 17060 open contracts at this strike prior to today, and today 331 contract(s) were bought and sold.
• Regarding ZS ZS, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on November 17, 2023. Parties traded 125 contract(s) at a $130.00 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 $28.8K, with a price of $231.0 per contract. There were 1951 open contracts at this strike prior to today, and today 252 contract(s) were bought and sold.
• For DELL DELL, we notice a put option sweep that happens to be bearish, expiring in 472 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $47.50 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 $28.0K, with a price of $280.0 per contract. There were 70 open contracts at this strike prior to today, and today 226 contract(s) were bought and sold.
• Regarding OKTA OKTA, we observe a put option trade with bearish sentiment. It expires in 472 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $96.6K, with a price of $483.0 per contract. There were 167 open contracts at this strike prior to today, and today 210 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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