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 |
---|---|---|---|---|---|---|---|---|
AMD | CALL | TRADE | BULLISH | 11/03/23 | $110.00 | $68.4K | 15.7K | 47.6K |
NVDA | CALL | TRADE | NEUTRAL | 11/10/23 | $450.00 | $42.3K | 6.3K | 17.4K |
MSFT | CALL | SWEEP | BEARISH | 11/17/23 | $360.00 | $26.2K | 15.1K | 6.2K |
BILL | CALL | TRADE | NEUTRAL | 11/10/23 | $70.00 | $39.0K | 0 | 2.8K |
U | CALL | SWEEP | BULLISH | 01/16/26 | $40.00 | $142.5K | 1.8K | 1.5K |
NVTS | CALL | SWEEP | BEARISH | 11/17/23 | $5.00 | $39.0K | 5.3K | 851 |
MRVL | PUT | TRADE | BULLISH | 01/16/26 | $65.00 | $28.2K | 220 | 603 |
FTNT | CALL | SWEEP | NEUTRAL | 11/10/23 | $49.00 | $25.8K | 0 | 519 |
AMAT | CALL | TRADE | BEARISH | 11/10/23 | $140.00 | $60.7K | 401 | 351 |
AAPL | CALL | SWEEP | BEARISH | 09/20/24 | $215.00 | $138.0K | 3.5K | 312 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMD AMD, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 450 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $68.4K, with a price of $152.0 per contract. There were 15791 open contracts at this strike prior to today, and today 47661 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option trade with neutral sentiment. It expires in 7 day(s) on November 10, 2023. Parties traded 55 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $42.3K, with a price of $770.0 per contract. There were 6353 open contracts at this strike prior to today, and today 17405 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on November 17, 2023. This event was a transfer of 100 contract(s) at a $360.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $262.0 per contract. There were 15117 open contracts at this strike prior to today, and today 6241 contract(s) were bought and sold.
• Regarding BILL BILL, we observe a call option trade with neutral sentiment. It expires in 7 day(s) on November 10, 2023. Parties traded 300 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $130.0 per contract. There were 0 open contracts at this strike prior to today, and today 2827 contract(s) were bought and sold.
• Regarding U U, we observe a call option sweep with bullish sentiment. It expires in 805 day(s) on January 16, 2026. Parties traded 190 contract(s) at a $40.00 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 $142.5K, with a price of $750.0 per contract. There were 1835 open contracts at this strike prior to today, and today 1553 contract(s) were bought and sold.
• For NVTS NVTS, we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on November 17, 2023. This event was a transfer of 300 contract(s) at a $5.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $39.0K, with a price of $130.0 per contract. There were 5327 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold.
• Regarding MRVL MRVL, we observe a put option trade with bullish sentiment. It expires in 805 day(s) on January 16, 2026. Parties traded 15 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $1885.0 per contract. There were 220 open contracts at this strike prior to today, and today 603 contract(s) were bought and sold.
• Regarding FTNT FTNT, we observe a call option sweep with neutral sentiment. It expires in 7 day(s) on November 10, 2023. Parties traded 235 contract(s) at a $49.00 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 $25.8K, with a price of $110.0 per contract. There were 0 open contracts at this strike prior to today, and today 519 contract(s) were bought and sold.
• For AMAT AMAT, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on November 10, 2023. This event was a transfer of 250 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $60.7K, with a price of $243.0 per contract. There were 401 open contracts at this strike prior to today, and today 351 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 322 day(s) on September 20, 2024. This event was a transfer of 300 contract(s) at a $215.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $138.0K, with a price of $460.0 per contract. There were 3541 open contracts at this strike prior to today, and today 312 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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