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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
GOOGL | PUT | SWEEP | BULLISH | 10/13/23 | $139.00 | $63.6K | 1.7K | 12.1K |
META | CALL | TRADE | BULLISH | 10/13/23 | $325.00 | $32.5K | 9.4K | 6.6K |
MANU | CALL | SWEEP | BULLISH | 12/15/23 | $30.00 | $31.1K | 5.8K | 1.9K |
AMC | CALL | SWEEP | BEARISH | 10/13/23 | $8.00 | $32.9K | 4.7K | 1.3K |
FNGR | CALL | TRADE | BEARISH | 11/17/23 | $5.50 | $92.5K | 140 | 510 |
SE | PUT | SWEEP | BULLISH | 06/21/24 | $45.00 | $34.8K | 1.3K | 247 |
NFLX | CALL | TRADE | BULLISH | 09/20/24 | $420.00 | $828.0K | 75 | 200 |
NXST | CALL | TRADE | BEARISH | 12/20/24 | $85.00 | $595.0K | 2 | 100 |
BIDU | PUT | SWEEP | BULLISH | 06/21/24 | $140.00 | $35.0K | 493 | 3 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For GOOGL GOOGL, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on October 13, 2023. This event was a transfer of 883 contract(s) at a $139.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $63.6K, with a price of $72.0 per contract. There were 1727 open contracts at this strike prior to today, and today 12121 contract(s) were bought and sold.
• For META META, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on October 13, 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 $32.5K, with a price of $325.0 per contract. There were 9462 open contracts at this strike prior to today, and today 6665 contract(s) were bought and sold.
• For MANU MANU, we notice a call option sweep that happens to be bullish, expiring in 64 day(s) on December 15, 2023. This event was a transfer of 478 contract(s) at a $30.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $65.0 per contract. There were 5875 open contracts at this strike prior to today, and today 1931 contract(s) were bought and sold.
• Regarding AMC AMC, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 13, 2023. Parties traded 131 contract(s) at a $8.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $251.0 per contract. There were 4735 open contracts at this strike prior to today, and today 1315 contract(s) were bought and sold.
• For FNGR FNGR, we notice a call option trade that happens to be bearish, expiring in 36 day(s) on November 17, 2023. This event was a transfer of 500 contract(s) at a $5.50 strike. The total cost received by the writing party (or parties) was $92.5K, with a price of $185.0 per contract. There were 140 open contracts at this strike prior to today, and today 510 contract(s) were bought and sold.
• Regarding SE SE, we observe a put option sweep with bullish sentiment. It expires in 253 day(s) on June 21, 2024. Parties traded 40 contract(s) at a $45.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.8K, with a price of $870.0 per contract. There were 1342 open contracts at this strike prior to today, and today 247 contract(s) were bought and sold.
• For NFLX NFLX, we notice a call option trade that happens to be bullish, expiring in 344 day(s) on September 20, 2024. This event was a transfer of 200 contract(s) at a $420.00 strike. The total cost received by the writing party (or parties) was $828.0K, with a price of $4140.0 per contract. There were 75 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For NXST NXST, we notice a call option trade that happens to be bearish, expiring in 435 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $595.0K, with a price of $5950.0 per contract. There were 2 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.
• Regarding BIDU BIDU, we observe a put option sweep with bullish sentiment. It expires in 253 day(s) on June 21, 2024. Parties traded 16 contract(s) at a $140.00 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 $35.0K, with a price of $2190.0 per contract. There were 493 open contracts at this strike prior to today, and today 3 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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