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 Communication Services sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AMC | CALL | SWEEP | BULLISH | 10/01/21 | $40.00 | $57.0K | 17.0K | 74.3K |
SNAP | CALL | TRADE | BULLISH | 10/15/21 | $80.00 | $42.7K | 28.4K | 3.9K |
GOGO | CALL | SWEEP | BULLISH | 11/19/21 | $25.00 | $67.8K | 8.9K | 2.9K |
DIS | CALL | TRADE | BEARISH | 10/15/21 | $180.00 | $135.9K | 48.8K | 2.5K |
LYV | CALL | SWEEP | BEARISH | 10/15/21 | $105.00 | $28.1K | 10.4K | 2.5K |
T | CALL | SWEEP | BULLISH | 04/14/22 | $25.00 | $153.8K | 509 | 1.8K |
MTCH | PUT | SWEEP | BEARISH | 10/01/21 | $157.50 | $81.2K | 73 | 858 |
TWTR | CALL | SWEEP | BULLISH | 11/19/21 | $65.00 | $147.8K | 16.1K | 722 |
RBLX | CALL | TRADE | BULLISH | 10/08/21 | $76.00 | $35.6K | 241 | 388 |
LUMN | CALL | SWEEP | BEARISH | 06/17/22 | $12.00 | $36.0K | 671 | 200 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMC AMC, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 1543 contract(s) at a $40.00 strike. This particular call needed to be split into 65 different trades to become filled. The total cost received by the writing party (or parties) was $57.0K, with a price of $39.0 per contract. There were 17029 open contracts at this strike prior to today, and today 74317 contract(s) were bought and sold.
• Regarding SNAP SNAP, we observe a call option trade with bullish sentiment. It expires in 14 day(s) on October 15, 2021. Parties traded 470 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $42.7K, with a price of $91.0 per contract. There were 28459 open contracts at this strike prior to today, and today 3947 contract(s) were bought and sold.
• Regarding GOGO GOGO, we observe a call option sweep with bullish sentiment. It expires in 49 day(s) on November 19, 2021. Parties traded 904 contract(s) at a $25.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $67.8K, with a price of $75.0 per contract. There were 8929 open contracts at this strike prior to today, and today 2971 contract(s) were bought and sold.
• For DIS DIS, we notice a call option trade that happens to be bearish, expiring in 14 day(s) on October 15, 2021. This event was a transfer of 814 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $135.9K, with a price of $167.0 per contract. There were 48826 open contracts at this strike prior to today, and today 2581 contract(s) were bought and sold.
• Regarding LYV LYV, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on October 15, 2021. Parties traded 433 contract(s) at a $105.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $65.0 per contract. There were 10410 open contracts at this strike prior to today, and today 2512 contract(s) were bought and sold.
• For T T, we notice a call option sweep that happens to be bullish, expiring in 195 day(s) on April 14, 2022. This event was a transfer of 641 contract(s) at a $25.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $153.8K, with a price of $240.0 per contract. There were 509 open contracts at this strike prior to today, and today 1835 contract(s) were bought and sold.
• For MTCH MTCH, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 378 contract(s) at a $157.50 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 $81.2K, with a price of $214.0 per contract. There were 73 open contracts at this strike prior to today, and today 858 contract(s) were bought and sold.
• For TWTR TWTR, we notice a call option sweep that happens to be bullish, expiring in 49 day(s) on November 19, 2021. This event was a transfer of 501 contract(s) at a $65.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $147.8K, with a price of $295.0 per contract. There were 16111 open contracts at this strike prior to today, and today 722 contract(s) were bought and sold.
• For RBLX RBLX, we notice a call option trade that happens to be bullish, expiring in 7 day(s) on October 8, 2021. This event was a transfer of 260 contract(s) at a $76.00 strike. The total cost received by the writing party (or parties) was $35.6K, with a price of $137.0 per contract. There were 241 open contracts at this strike prior to today, and today 388 contract(s) were bought and sold.
• Regarding LUMN LUMN, we observe a call option sweep with bearish sentiment. It expires in 259 day(s) on June 17, 2022. Parties traded 200 contract(s) at a $12.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $180.0 per contract. There were 671 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 news on unusual options activity.
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