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 itemized elaborations have been created using the accompanying table.

• Regarding CDLX CDLX, we observe a put option trade with bearish sentiment. It expires in 396 day(s) on December 20, 2024. Parties traded 4000 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $660.0K, with a price of $165.0 per contract. There were 28 open contracts at this strike prior to today, and today 4000 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on November 24, 2023. Parties traded 180 contract(s) at a $137.00 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 $31.1K, with a price of $173.0 per contract. There were 1999 open contracts at this strike prior to today, and today 3639 contract(s) were bought and sold.

• Regarding RBLX RBLX, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on November 24, 2023. Parties traded 600 contract(s) at a $38.00 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 $36.0K, with a price of $60.0 per contract. There were 1743 open contracts at this strike prior to today, and today 1155 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a call option trade with neutral sentiment. It expires in 4 day(s) on November 24, 2023. Parties traded 90 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $35.5K, with a price of $395.0 per contract. There were 1011 open contracts at this strike prior to today, and today 567 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a put option sweep with bearish sentiment. It expires in 88 day(s) on February 16, 2024. Parties traded 99 contract(s) at a $140.00 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 $78.7K, with a price of $795.0 per contract. There were 6037 open contracts at this strike prior to today, and today 511 contract(s) were bought and sold.

• Regarding META META, we observe a call option trade with bullish sentiment. It expires in 424 day(s) on January 17, 2025. Parties traded 13 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $93.4K, with a price of $7185.0 per contract. There were 17066 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold.

• Regarding SE SE, we observe a put option trade with neutral sentiment. It expires in 116 day(s) on March 15, 2024. Parties traded 161 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $156.0 per contract. There were 2126 open contracts at this strike prior to today, and today 187 contract(s) were bought and sold.

• Regarding TTD TTD, we observe a call option trade with bearish sentiment. It expires in 424 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $74.2K, with a price of $1485.0 per contract. There were 794 open contracts at this strike prior to today, and today 51 contract(s) were bought and sold.

• Regarding USM USM, we observe a call option sweep with bullish sentiment. It expires in 60 day(s) on January 19, 2024. Parties traded 217 contract(s) at a $50.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $78.1K, with a price of $360.0 per contract. There were 5788 open contracts at this strike prior to today, and today 38 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option trade that happens to be neutral, expiring in 424 day(s) on January 17, 2025. This event was a transfer of 1 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $46.9K, with a price of $46956.0 per contract. There were 109 open contracts at this strike prior to today, and today 26 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.