10 Communication Services Stocks With Whale Alerts 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 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.

Below are some instances of options activity happening in the Communication Services sector:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For TTD TTD, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on November 17, 2023. This event was a transfer of 250 contract(s) at a $70.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $41.5K, with a price of $166.0 per contract. There were 1303 open contracts at this strike prior to today, and today 8654 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a put option trade with neutral sentiment. It expires in 36 day(s) on December 15, 2023. Parties traded 1242 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $23.0 per contract. There were 13612 open contracts at this strike prior to today, and today 4952 contract(s) were bought and sold.

• For WBD WBD, we notice a put option trade that happens to be bullish, expiring in 162 day(s) on April 19, 2024. This event was a transfer of 800 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $109.6K, with a price of $137.0 per contract. There were 21806 open contracts at this strike prior to today, and today 1458 contract(s) were bought and sold.

• Regarding META META, we observe a call option trade with neutral sentiment. It expires in 36 day(s) on December 15, 2023. Parties traded 21 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $28.3K, with a price of $1350.0 per contract. There were 6304 open contracts at this strike prior to today, and today 1010 contract(s) were bought and sold.

• For PINS PINS, we notice a put option sweep that happens to be bearish, expiring in 190 day(s) on May 17, 2024. This event was a transfer of 106 contract(s) at a $30.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $29.3K, with a price of $277.0 per contract. There were 4905 open contracts at this strike prior to today, and today 802 contract(s) were bought and sold.

• For T T, we notice a call option trade that happens to be bullish, expiring in 435 day(s) on January 17, 2025. This event was a transfer of 250 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 23473 open contracts at this strike prior to today, and today 274 contract(s) were bought and sold.

• For TMUS TMUS, we notice a put option trade that happens to be bullish, expiring in 190 day(s) on May 17, 2024. This event was a transfer of 57 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $40.4K, with a price of $710.0 per contract. There were 884 open contracts at this strike prior to today, and today 104 contract(s) were bought and sold.

• For GOOG GOOG, we notice a put option sweep that happens to be bullish, expiring in 71 day(s) on January 19, 2024. This event was a transfer of 100 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 $34.5K, with a price of $347.0 per contract. There were 12067 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 435 day(s) on January 17, 2025. Parties traded 20 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $49.5K, with a price of $2475.0 per contract. There were 3313 open contracts at this strike prior to today, and today 13 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a call option trade with bearish sentiment. It expires in 8 day(s) on November 17, 2023. Parties traded 5 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $8001.0 per contract. There were 812 open contracts at this strike prior to today, and today 5 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.