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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BEARISH | 01/12/24 | $545.00 | $101.4K | 7.2K | 37.3K |
AMD | CALL | SWEEP | BULLISH | 01/12/24 | $148.00 | $38.7K | 3.6K | 15.1K |
MSFT | PUT | SWEEP | BULLISH | 01/19/24 | $380.00 | $33.2K | 15.7K | 3.8K |
ON | PUT | SWEEP | BULLISH | 01/19/24 | $75.00 | $125.4K | 3.9K | 2.3K |
SMCI | PUT | TRADE | NEUTRAL | 01/12/24 | $340.00 | $58.2K | 505 | 1.5K |
CFLT | PUT | SWEEP | BEARISH | 01/19/24 | $22.50 | $42.6K | 1.6K | 1.0K |
FIVN | CALL | TRADE | NEUTRAL | 01/19/24 | $90.00 | $30.0K | 3.3K | 1.0K |
PANW | CALL | SWEEP | BULLISH | 01/12/24 | $305.00 | $110.0K | 1.3K | 980 |
AAPL | PUT | TRADE | BULLISH | 01/17/25 | $180.00 | $61.7K | 16.1K | 619 |
MU | CALL | TRADE | NEUTRAL | 03/15/24 | $92.50 | $56.0K | 783 | 563 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on January 12, 2024. Parties traded 173 contract(s) at a $545.00 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 $101.4K, with a price of $590.0 per contract. There were 7243 open contracts at this strike prior to today, and today 37368 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 12, 2024. Parties traded 200 contract(s) at a $148.00 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 $38.7K, with a price of $193.0 per contract. There were 3651 open contracts at this strike prior to today, and today 15134 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on January 19, 2024. Parties traded 109 contract(s) at a $380.00 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 $33.2K, with a price of $305.0 per contract. There were 15779 open contracts at this strike prior to today, and today 3863 contract(s) were bought and sold.
• For ON ON, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on January 19, 2024. This event was a transfer of 937 contract(s) at a $75.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $125.4K, with a price of $133.0 per contract. There were 3927 open contracts at this strike prior to today, and today 2389 contract(s) were bought and sold.
• For SMCI SMCI, we notice a put option trade that happens to be neutral, expiring in 2 day(s) on January 12, 2024. This event was a transfer of 60 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $58.2K, with a price of $970.0 per contract. There were 505 open contracts at this strike prior to today, and today 1554 contract(s) were bought and sold.
• Regarding CFLT CFLT, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on January 19, 2024. Parties traded 568 contract(s) at a $22.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $42.6K, with a price of $75.0 per contract. There were 1643 open contracts at this strike prior to today, and today 1050 contract(s) were bought and sold.
• For FIVN FIVN, we notice a call option trade that happens to be neutral, expiring in 9 day(s) on January 19, 2024. This event was a transfer of 1000 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $30.0 per contract. There were 3349 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold.
• Regarding PANW PANW, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 12, 2024. Parties traded 125 contract(s) at a $305.00 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 $110.0K, with a price of $880.0 per contract. There were 1333 open contracts at this strike prior to today, and today 980 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option trade with bullish sentiment. It expires in 373 day(s) on January 17, 2025. Parties traded 50 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $61.7K, with a price of $1235.0 per contract. There were 16109 open contracts at this strike prior to today, and today 619 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option trade with neutral sentiment. It expires in 65 day(s) on March 15, 2024. Parties traded 500 contract(s) at a $92.50 strike. The total cost received by the writing party (or parties) was $56.0K, with a price of $112.0 per contract. There were 783 open contracts at this strike prior to today, and today 563 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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