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 | SWEEP | BEARISH | 12/15/23 | $140.00 | $30.0K | 12.8K | 56.0K |
NVDA | PUT | SWEEP | BEARISH | 12/15/23 | $470.00 | $26.1K | 9.4K | 21.4K |
ORCL | PUT | SWEEP | BULLISH | 12/15/23 | $102.00 | $110.9K | 2.4K | 10.2K |
MSFT | CALL | SWEEP | BULLISH | 12/22/23 | $375.00 | $32.7K | 7.9K | 3.2K |
AVGO | CALL | SWEEP | BULLISH | 12/15/23 | $1080.00 | $43.4K | 1.0K | 2.9K |
AAPL | CALL | TRADE | BULLISH | 01/05/24 | $195.00 | $26.6K | 5.3K | 1.9K |
MARA | PUT | TRADE | BULLISH | 04/19/24 | $7.00 | $41.0K | 348 | 1.0K |
ARM | CALL | SWEEP | BEARISH | 01/19/24 | $70.00 | $38.9K | 3.4K | 977 |
IBM | CALL | SWEEP | BEARISH | 01/19/24 | $160.00 | $73.5K | 15.4K | 938 |
RIOT | CALL | SWEEP | BULLISH | 12/29/23 | $15.00 | $53.2K | 1.1K | 800 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on December 15, 2023. This event was a transfer of 201 contract(s) at a $140.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $149.0 per contract. There were 12823 open contracts at this strike prior to today, and today 56025 contract(s) were bought and sold.
• For NVDA NVDA, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on December 15, 2023. This event was a transfer of 40 contract(s) at a $470.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $654.0 per contract. There were 9456 open contracts at this strike prior to today, and today 21428 contract(s) were bought and sold.
• Regarding ORCL ORCL, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on December 15, 2023. Parties traded 776 contract(s) at a $102.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $110.9K, with a price of $143.0 per contract. There were 2474 open contracts at this strike prior to today, and today 10298 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on December 22, 2023. Parties traded 90 contract(s) at a $375.00 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 $32.7K, with a price of $363.0 per contract. There were 7913 open contracts at this strike prior to today, and today 3257 contract(s) were bought and sold.
• For AVGO AVGO, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on December 15, 2023. This event was a transfer of 53 contract(s) at a $1080.00 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 $43.4K, with a price of $820.0 per contract. There were 1033 open contracts at this strike prior to today, and today 2987 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option trade with bullish sentiment. It expires in 24 day(s) on January 5, 2024. Parties traded 101 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $264.0 per contract. There were 5353 open contracts at this strike prior to today, and today 1994 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a put option trade with bullish sentiment. It expires in 129 day(s) on April 19, 2024. Parties traded 1000 contract(s) at a $7.00 strike. The total cost received by the writing party (or parties) was $41.0K, with a price of $41.0 per contract. There were 348 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding ARM ARM, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on January 19, 2024. Parties traded 239 contract(s) at a $70.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $38.9K, with a price of $163.0 per contract. There were 3494 open contracts at this strike prior to today, and today 977 contract(s) were bought and sold.
• Regarding IBM IBM, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $160.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $735.0 per contract. There were 15499 open contracts at this strike prior to today, and today 938 contract(s) were bought and sold.
• For RIOT RIOT, we notice a call option sweep that happens to be bullish, expiring in 17 day(s) on December 29, 2023. This event was a transfer of 700 contract(s) at a $15.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $53.2K, with a price of $76.0 per contract. There were 1197 open contracts at this strike prior to today, and today 800 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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