This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Below are some instances of unusual options activity happening in the Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
MSFT | CALL | SWEEP | BEARISH | 05/21/21 | $257.50 | $34.5K | 16.6K | 9.6K |
IBM | CALL | TRADE | BEARISH | 05/21/21 | $150.00 | $27.7K | 3.5K | 6.2K |
AMD | CALL | SWEEP | BEARISH | 05/14/21 | $76.50 | $28.2K | 288 | 2.6K |
ADI | PUT | TRADE | BULLISH | 06/18/21 | $140.00 | $62.1K | 780 | 2.0K |
MGI | CALL | SWEEP | BEARISH | 08/20/21 | $10.00 | $50.0K | 4.7K | 1.7K |
CSCO | CALL | SWEEP | BEARISH | 06/18/21 | $55.00 | $26.0K | 37.6K | 1.5K |
AMAT | CALL | TRADE | BEARISH | 05/14/21 | $128.00 | $39.0K | 262 | 1.4K |
MARA | CALL | TRADE | BEARISH | 05/14/21 | $23.00 | $126.0K | 6 | 1.2K |
AAPL | CALL | SWEEP | BEARISH | 09/16/22 | $250.00 | $38.3K | 32.5K | 467 |
TRMB | CALL | SWEEP | BEARISH | 06/18/21 | $80.00 | $73.5K | 104 | 380 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on May 21, 2021. Parties traded 367 contract(s) at a $257.50 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 $34.5K, with a price of $94.0 per contract. There were 16665 open contracts at this strike prior to today, and today 9631 contract(s) were bought and sold.
• Regarding IBM IBM, we observe a call option trade with bearish sentiment. It expires in 11 day(s) on May 21, 2021. Parties traded 250 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $111.0 per contract. There were 3523 open contracts at this strike prior to today, and today 6264 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on May 14, 2021. This event was a transfer of 200 contract(s) at a $76.50 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 $28.2K, with a price of $141.0 per contract. There were 288 open contracts at this strike prior to today, and today 2682 contract(s) were bought and sold.
• For ADI ADI, we notice a put option trade that happens to be bullish, expiring in 39 day(s) on June 18, 2021. This event was a transfer of 303 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $62.1K, with a price of $205.0 per contract. There were 780 open contracts at this strike prior to today, and today 2016 contract(s) were bought and sold.
• For MGI MGI, we notice a call option sweep that happens to be bearish, expiring in 102 day(s) on August 20, 2021. This event was a transfer of 500 contract(s) at a $10.00 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 $50.0K, with a price of $100.0 per contract. There were 4720 open contracts at this strike prior to today, and today 1775 contract(s) were bought and sold.
• For CSCO CSCO, we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on June 18, 2021. This event was a transfer of 200 contract(s) at a $55.00 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 $26.0K, with a price of $130.0 per contract. There were 37681 open contracts at this strike prior to today, and today 1599 contract(s) were bought and sold.
• For AMAT AMAT, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on May 14, 2021. This event was a transfer of 200 contract(s) at a $128.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $195.0 per contract. There were 262 open contracts at this strike prior to today, and today 1422 contract(s) were bought and sold.
• For MARA MARA, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on May 14, 2021. This event was a transfer of 200 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $126.0K, with a price of $630.0 per contract. There were 6 open contracts at this strike prior to today, and today 1202 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 494 day(s) on September 16, 2022. Parties traded 297 contract(s) at a $250.00 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 $38.3K, with a price of $129.0 per contract. There were 32535 open contracts at this strike prior to today, and today 467 contract(s) were bought and sold.
• Regarding TRMB TRMB, we observe a call option sweep with bearish sentiment. It expires in 39 day(s) on June 18, 2021. Parties traded 300 contract(s) at a $80.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $245.0 per contract. There were 104 open contracts at this strike prior to today, and today 380 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.
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