This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated 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 |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BEARISH | 06/11/21 | $127.00 | $34.4K | 24.2K | 67.2K |
NOK | CALL | TRADE | BEARISH | 01/20/23 | $10.00 | $29.2K | 158.3K | 7.8K |
DBX | CALL | SWEEP | BEARISH | 06/11/21 | $30.00 | $25.0K | 858 | 3.7K |
FEYE | CALL | SWEEP | BEARISH | 07/16/21 | $21.00 | $34.1K | 9.0K | 2.5K |
FUBO | CALL | SWEEP | BULLISH | 06/18/21 | $30.00 | $27.0K | 10.4K | 2.4K |
DDOG | CALL | SWEEP | BULLISH | 06/11/21 | $92.50 | $37.3K | 531 | 1.3K |
PYPL | PUT | SWEEP | BEARISH | 06/18/21 | $270.00 | $108.0K | 16.0K | 414 |
TSM | PUT | TRADE | BEARISH | 01/21/22 | $90.00 | $38.4K | 7.7K | 400 |
UIS | PUT | TRADE | BEARISH | 01/21/22 | $25.00 | $54.0K | 113 | 301 |
NTAP | PUT | SWEEP | BEARISH | 01/21/22 | $80.00 | $144.0K | 144 | 200 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on June 11, 2021. Parties traded 800 contract(s) at a $127.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $43.0 per contract. There were 24220 open contracts at this strike prior to today, and today 67246 contract(s) were bought and sold.
• For NOK NOK, we notice a call option trade that happens to be bearish, expiring in 589 day(s) on January 20, 2023. This event was a transfer of 495 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $59.0 per contract. There were 158339 open contracts at this strike prior to today, and today 7822 contract(s) were bought and sold.
• Regarding DBX DBX, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on June 11, 2021. Parties traded 1476 contract(s) at a $30.00 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 $25.0K, with a price of $17.0 per contract. There were 858 open contracts at this strike prior to today, and today 3780 contract(s) were bought and sold.
• Regarding FEYE FEYE, we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on July 16, 2021. Parties traded 300 contract(s) at a $21.00 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 $34.1K, with a price of $114.0 per contract. There were 9083 open contracts at this strike prior to today, and today 2534 contract(s) were bought and sold.
• Regarding FUBO FUBO, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on June 18, 2021. Parties traded 300 contract(s) at a $30.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $90.0 per contract. There were 10401 open contracts at this strike prior to today, and today 2448 contract(s) were bought and sold.
• Regarding DDOG DDOG, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on June 11, 2021. Parties traded 233 contract(s) at a $92.50 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 $37.3K, with a price of $160.0 per contract. There were 531 open contracts at this strike prior to today, and today 1386 contract(s) were bought and sold.
• For PYPL PYPL, we notice a put option sweep that happens to be bearish, expiring in 8 day(s) on June 18, 2021. This event was a transfer of 200 contract(s) at a $270.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $108.0K, with a price of $540.0 per contract. There were 16061 open contracts at this strike prior to today, and today 414 contract(s) were bought and sold.
• For TSM TSM, we notice a put option trade that happens to be bearish, expiring in 225 day(s) on January 21, 2022. This event was a transfer of 200 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $38.4K, with a price of $192.0 per contract. There were 7746 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.
• Regarding UIS UIS, we observe a put option trade with bearish sentiment. It expires in 225 day(s) on January 21, 2022. Parties traded 200 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $54.0K, with a price of $270.0 per contract. There were 113 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.
• Regarding NTAP NTAP, we observe a put option sweep with bearish sentiment. It expires in 225 day(s) on January 21, 2022. Parties traded 200 contract(s) at a $80.00 strike. This particular put needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $144.0K, with a price of $720.0 per contract. There were 144 open contracts at this strike prior to today, and today 200 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.