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.
Below are some instances of options activity happening in the Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BEARISH | 12/22/23 | $495.00 | $28.7K | 4.1K | 32.1K |
MARA | CALL | TRADE | BULLISH | 12/29/23 | $22.00 | $39.0K | 2.1K | 7.5K |
AAPL | PUT | SWEEP | BULLISH | 12/22/23 | $197.50 | $31.7K | 7.4K | 5.6K |
CLSK | CALL | SWEEP | BEARISH | 01/19/24 | $12.50 | $39.5K | 18.1K | 4.3K |
AMD | PUT | SWEEP | BEARISH | 03/15/24 | $145.00 | $49.9K | 504 | 1.0K |
PLTR | CALL | SWEEP | BEARISH | 01/19/24 | $10.00 | $159.0K | 55.3K | 734 |
LRCX | PUT | TRADE | NEUTRAL | 01/19/24 | $755.00 | $165.5K | 448 | 559 |
SMCI | CALL | SWEEP | BULLISH | 12/22/23 | $312.50 | $81.1K | 130 | 462 |
SEDG | CALL | TRADE | BEARISH | 03/15/24 | $130.00 | $30.5K | 316 | 254 |
ZS | CALL | SWEEP | BULLISH | 01/17/25 | $210.00 | $61.6K | 1.2K | 196 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on December 22, 2023. Parties traded 50 contract(s) at a $495.00 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 $28.7K, with a price of $575.0 per contract. There were 4124 open contracts at this strike prior to today, and today 32149 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bullish sentiment. It expires in 10 day(s) on December 29, 2023. Parties traded 300 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $130.0 per contract. There were 2124 open contracts at this strike prior to today, and today 7566 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on December 22, 2023. This event was a transfer of 166 contract(s) at a $197.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $31.7K, with a price of $191.0 per contract. There were 7495 open contracts at this strike prior to today, and today 5687 contract(s) were bought and sold.
• Regarding CLSK CLSK, we observe a call option sweep with bearish sentiment. It expires in 31 day(s) on January 19, 2024. Parties traded 464 contract(s) at a $12.50 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 $39.5K, with a price of $85.0 per contract. There were 18177 open contracts at this strike prior to today, and today 4380 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bearish sentiment. It expires in 87 day(s) on March 15, 2024. Parties traded 38 contract(s) at a $145.00 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 $49.9K, with a price of $1314.0 per contract. There were 504 open contracts at this strike prior to today, and today 1012 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bearish sentiment. It expires in 31 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $10.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $159.0K, with a price of $795.0 per contract. There were 55344 open contracts at this strike prior to today, and today 734 contract(s) were bought and sold.
• Regarding LRCX LRCX, we observe a put option trade with neutral sentiment. It expires in 31 day(s) on January 19, 2024. Parties traded 113 contract(s) at a $755.00 strike. The total cost received by the writing party (or parties) was $165.5K, with a price of $1465.0 per contract. There were 448 open contracts at this strike prior to today, and today 559 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on December 22, 2023. Parties traded 99 contract(s) at a $312.50 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 $81.1K, with a price of $820.0 per contract. There were 130 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold.
• For SEDG SEDG, we notice a call option trade that happens to be bearish, expiring in 87 day(s) on March 15, 2024. This event was a transfer of 50 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $610.0 per contract. There were 316 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.
• Regarding ZS ZS, we observe a call option sweep with bullish sentiment. It expires in 395 day(s) on January 17, 2025. Parties traded 12 contract(s) at a $210.00 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 $61.6K, with a price of $5134.0 per contract. There were 1234 open contracts at this strike prior to today, and today 196 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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