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 | BULLISH | 09/03/21 | $155.00 | $48.4K | 80.1K | 226.3K |
MARA | CALL | SWEEP | BULLISH | 09/03/21 | $42.00 | $30.8K | 2.1K | 8.5K |
NVDA | CALL | SWEEP | BULLISH | 09/03/21 | $222.50 | $83.7K | 5.1K | 4.9K |
WKEY | CALL | SWEEP | BULLISH | 09/17/21 | $10.00 | $32.7K | 2.7K | 2.7K |
HPE | CALL | SWEEP | BULLISH | 09/03/21 | $15.50 | $46.3K | 1.9K | 2.0K |
AMD | CALL | SWEEP | BEARISH | 10/15/21 | $130.00 | $54.4K | 14.3K | 1.7K |
GDS | CALL | TRADE | BEARISH | 09/17/21 | $70.00 | $63.9K | 2.4K | 1.3K |
MSFT | PUT | SWEEP | BEARISH | 09/17/21 | $300.00 | $72.4K | 20.4K | 1.3K |
ENPH | CALL | TRADE | BEARISH | 09/17/21 | $185.00 | $132.0K | 908 | 1.0K |
ZM | PUT | SWEEP | BEARISH | 09/17/21 | $300.00 | $250.0K | 3.6K | 843 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on September 3, 2021. This event was a transfer of 968 contract(s) at a $155.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $48.4K, with a price of $50.0 per contract. There were 80109 open contracts at this strike prior to today, and today 226323 contract(s) were bought and sold.
• For MARA MARA, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on September 3, 2021. This event was a transfer of 400 contract(s) at a $42.00 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 $30.8K, with a price of $77.0 per contract. There were 2130 open contracts at this strike prior to today, and today 8504 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 3, 2021. Parties traded 270 contract(s) at a $222.50 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $83.7K, with a price of $310.0 per contract. There were 5146 open contracts at this strike prior to today, and today 4952 contract(s) were bought and sold.
• Regarding WKEY WKEY, we observe a call option sweep with bullish sentiment. It expires in 16 day(s) on September 17, 2021. Parties traded 468 contract(s) at a $10.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $32.7K, with a price of $70.0 per contract. There were 2700 open contracts at this strike prior to today, and today 2772 contract(s) were bought and sold.
• Regarding HPE HPE, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on September 3, 2021. Parties traded 1544 contract(s) at a $15.50 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 $46.3K, with a price of $30.0 per contract. There were 1967 open contracts at this strike prior to today, and today 2089 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 44 day(s) on October 15, 2021. Parties traded 400 contract(s) at a $130.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $54.4K, with a price of $136.0 per contract. There were 14303 open contracts at this strike prior to today, and today 1754 contract(s) were bought and sold.
• For GDS GDS, we notice a call option trade that happens to be bearish, expiring in 16 day(s) on September 17, 2021. This event was a transfer of 450 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $63.9K, with a price of $142.0 per contract. There were 2462 open contracts at this strike prior to today, and today 1387 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on September 17, 2021. Parties traded 281 contract(s) at a $300.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $72.4K, with a price of $259.0 per contract. There were 20427 open contracts at this strike prior to today, and today 1359 contract(s) were bought and sold.
• For ENPH ENPH, we notice a call option trade that happens to be bearish, expiring in 16 day(s) on September 17, 2021. This event was a transfer of 300 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $132.0K, with a price of $440.0 per contract. There were 908 open contracts at this strike prior to today, and today 1028 contract(s) were bought and sold.
• Regarding ZM ZM, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on September 17, 2021. Parties traded 200 contract(s) at a $300.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $250.0K, with a price of $1250.0 per contract. There were 3651 open contracts at this strike prior to today, and today 843 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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