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.
Here's the list of some unusual options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | CALL | TRADE | BULLISH | 06/18/21 | $129.00 | $51.0K | 21.2K | 62.6K |
| MU | PUT | SWEEP | BEARISH | 07/16/21 | $75.00 | $41.8K | 8.4K | 8.4K |
| MVIS | CALL | SWEEP | BULLISH | 06/11/21 | $21.00 | $43.0K | 1.5K | 2.1K |
| ZM | PUT | TRADE | BEARISH | 06/11/21 | $340.00 | $488.1K | 479 | 1.7K |
| QCOM | CALL | SWEEP | BULLISH | 06/11/21 | $110.00 | $726.0K | 2.6K | 994 |
| RIOT | PUT | SWEEP | BEARISH | 06/18/21 | $26.00 | $73.4K | 1.2K | 842 |
| VLDR | CALL | SWEEP | BULLISH | 12/17/21 | $15.00 | $53.5K | 5.8K | 698 |
| AMAT | PUT | SWEEP | BULLISH | 07/16/21 | $130.00 | $75.0K | 2.3K | 332 |
| SQ | PUT | SWEEP | BEARISH | 09/17/21 | $220.00 | $482.0K | 4.7K | 223 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a call option trade that happens to be bullish, expiring in 10 day(s) on June 18, 2021. This event was a transfer of 500 contract(s) at a $129.00 strike. The total cost received by the writing party (or parties) was $51.0K, with a price of $102.0 per contract. There were 21217 open contracts at this strike prior to today, and today 62637 contract(s) were bought and sold.
• Regarding MU MU, we observe a put option sweep with bearish sentiment. It expires in 38 day(s) on July 16, 2021. Parties traded 226 contract(s) at a $75.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $41.8K, with a price of $185.0 per contract. There were 8465 open contracts at this strike prior to today, and today 8492 contract(s) were bought and sold.
• For MVIS MVIS, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on June 11, 2021. This event was a transfer of 200 contract(s) at a $21.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $215.0 per contract. There were 1548 open contracts at this strike prior to today, and today 2150 contract(s) were bought and sold.
• Regarding ZM ZM, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on June 11, 2021. Parties traded 921 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $488.1K, with a price of $530.0 per contract. There were 479 open contracts at this strike prior to today, and today 1740 contract(s) were bought and sold.
• For QCOM QCOM, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on June 11, 2021. This event was a transfer of 300 contract(s) at a $110.00 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 $726.0K, with a price of $2420.0 per contract. There were 2682 open contracts at this strike prior to today, and today 994 contract(s) were bought and sold.
• Regarding RIOT RIOT, we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on June 18, 2021. Parties traded 368 contract(s) at a $26.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $73.4K, with a price of $200.0 per contract. There were 1203 open contracts at this strike prior to today, and today 842 contract(s) were bought and sold.
• For VLDR VLDR, we notice a call option sweep that happens to be bullish, expiring in 192 day(s) on December 17, 2021. This event was a transfer of 203 contract(s) at a $15.00 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 $53.5K, with a price of $265.0 per contract. There were 5892 open contracts at this strike prior to today, and today 698 contract(s) were bought and sold.
• Regarding AMAT AMAT, we observe a put option sweep with bullish sentiment. It expires in 38 day(s) on July 16, 2021. Parties traded 231 contract(s) at a $130.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $75.0K, with a price of $325.0 per contract. There were 2367 open contracts at this strike prior to today, and today 332 contract(s) were bought and sold.
• For SQ SQ, we notice a put option sweep that happens to be bearish, expiring in 101 day(s) on September 17, 2021. This event was a transfer of 200 contract(s) at a $220.00 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 $482.0K, with a price of $2410.0 per contract. There were 4717 open contracts at this strike prior to today, and today 223 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.
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