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 |
---|---|---|---|---|---|---|---|---|
AAPL | PUT | SWEEP | BEARISH | 10/20/23 | $177.50 | $84.5K | 21.2K | 48.9K |
NVDA | CALL | SWEEP | BEARISH | 10/20/23 | $470.00 | $96.3K | 14.5K | 26.8K |
MSFT | CALL | TRADE | BEARISH | 10/20/23 | $335.00 | $29.3K | 15.2K | 23.8K |
RIOT | CALL | SWEEP | BULLISH | 11/17/23 | $9.00 | $100.0K | 402 | 5.1K |
TSM | CALL | TRADE | BEARISH | 11/17/23 | $95.00 | $198.0K | 10.9K | 3.7K |
PLTR | CALL | SWEEP | BULLISH | 11/17/23 | $17.00 | $26.0K | 19.0K | 1.0K |
MU | CALL | SWEEP | BULLISH | 01/19/24 | $72.50 | $35.7K | 6.0K | 641 |
VMW | PUT | TRADE | BULLISH | 01/19/24 | $180.00 | $741.0K | 1.3K | 448 |
AMD | PUT | SWEEP | BEARISH | 11/03/23 | $108.00 | $37.7K | 415 | 383 |
MSTR | PUT | SWEEP | BEARISH | 10/27/23 | $305.00 | $32.6K | 37 | 311 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on October 20, 2023. This event was a transfer of 500 contract(s) at a $177.50 strike. This particular put needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $84.5K, with a price of $169.0 per contract. There were 21234 open contracts at this strike prior to today, and today 48975 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 20, 2023. Parties traded 320 contract(s) at a $470.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $96.3K, with a price of $300.0 per contract. There were 14539 open contracts at this strike prior to today, and today 26826 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on October 20, 2023. This event was a transfer of 100 contract(s) at a $335.00 strike. The total cost received by the writing party (or parties) was $29.3K, with a price of $293.0 per contract. There were 15221 open contracts at this strike prior to today, and today 23812 contract(s) were bought and sold.
• Regarding RIOT RIOT, we observe a call option sweep with bullish sentiment. It expires in 32 day(s) on November 17, 2023. Parties traded 800 contract(s) at a $9.00 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 $100.0K, with a price of $125.0 per contract. There were 402 open contracts at this strike prior to today, and today 5198 contract(s) were bought and sold.
• For TSM TSM, we notice a call option trade that happens to be bearish, expiring in 32 day(s) on November 17, 2023. This event was a transfer of 1000 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $198.0K, with a price of $198.0 per contract. There were 10914 open contracts at this strike prior to today, and today 3751 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bullish sentiment. It expires in 32 day(s) on November 17, 2023. Parties traded 160 contract(s) at a $17.00 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 $26.0K, with a price of $163.0 per contract. There were 19025 open contracts at this strike prior to today, and today 1043 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option sweep with bullish sentiment. It expires in 95 day(s) on January 19, 2024. Parties traded 84 contract(s) at a $72.50 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 $35.7K, with a price of $425.0 per contract. There were 6036 open contracts at this strike prior to today, and today 641 contract(s) were bought and sold.
• Regarding VMW VMW, we observe a put option trade with bullish sentiment. It expires in 95 day(s) on January 19, 2024. Parties traded 195 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $741.0K, with a price of $3800.0 per contract. There were 1340 open contracts at this strike prior to today, and today 448 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 18 day(s) on November 3, 2023. This event was a transfer of 63 contract(s) at a $108.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $37.7K, with a price of $600.0 per contract. There were 415 open contracts at this strike prior to today, and today 383 contract(s) were bought and sold.
• Regarding MSTR MSTR, we observe a put option sweep with bearish sentiment. It expires in 11 day(s) on October 27, 2023. Parties traded 50 contract(s) at a $305.00 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 $32.6K, with a price of $655.0 per contract. There were 37 open contracts at this strike prior to today, and today 311 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.
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