This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of 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 | 01/14/22 | $177.50 | $57.7K | 31.0K | 175.9K |
MSFT | CALL | TRADE | BULLISH | 01/21/22 | $320.00 | $26.1K | 25.0K | 10.0K |
TEAM | CALL | TRADE | BEARISH | 02/18/22 | $340.00 | $72.5K | 5.0K | 1.2K |
NVDA | CALL | SWEEP | BEARISH | 01/28/22 | $285.00 | $27.0K | 1.0K | 970 |
INTC | PUT | TRADE | BULLISH | 01/20/23 | $90.00 | $42.8K | 168 | 744 |
PYPL | PUT | SWEEP | BULLISH | 03/18/22 | $185.00 | $228.8K | 8.0K | 667 |
CRWD | PUT | SWEEP | BEARISH | 01/21/22 | $200.00 | $48.0K | 3.9K | 573 |
BILL | CALL | SWEEP | NEUTRAL | 02/18/22 | $270.00 | $34.9K | 451 | 392 |
TSM | CALL | TRADE | BEARISH | 01/21/22 | $126.00 | $153.0K | 574 | 313 |
ADP | CALL | TRADE | BEARISH | 08/19/22 | $240.00 | $450.0K | 1 | 300 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 14, 2022. Parties traded 750 contract(s) at a $177.50 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 $57.7K, with a price of $77.0 per contract. There were 31059 open contracts at this strike prior to today, and today 175950 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on January 21, 2022. This event was a transfer of 56 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $26.1K, with a price of $467.0 per contract. There were 25084 open contracts at this strike prior to today, and today 10088 contract(s) were bought and sold.
• Regarding TEAM TEAM, we observe a call option trade with bearish sentiment. It expires in 37 day(s) on February 18, 2022. Parties traded 50 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $72.5K, with a price of $1450.0 per contract. There were 5091 open contracts at this strike prior to today, and today 1291 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on January 28, 2022. Parties traded 30 contract(s) at a $285.00 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 $27.0K, with a price of $900.0 per contract. There were 1024 open contracts at this strike prior to today, and today 970 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option trade with bullish sentiment. It expires in 373 day(s) on January 20, 2023. Parties traded 12 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $42.8K, with a price of $3570.0 per contract. There were 168 open contracts at this strike prior to today, and today 744 contract(s) were bought and sold.
• For PYPL PYPL, we notice a put option sweep that happens to be bullish, expiring in 65 day(s) on March 18, 2022. This event was a transfer of 220 contract(s) at a $185.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $228.8K, with a price of $1040.0 per contract. There were 8090 open contracts at this strike prior to today, and today 667 contract(s) were bought and sold.
• For CRWD CRWD, we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on January 21, 2022. This event was a transfer of 34 contract(s) at a $200.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $1408.0 per contract. There were 3928 open contracts at this strike prior to today, and today 573 contract(s) were bought and sold.
• For BILL BILL, we notice a call option sweep that happens to be neutral, expiring in 37 day(s) on February 18, 2022. This event was a transfer of 60 contract(s) at a $270.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K, with a price of $595.0 per contract. There were 451 open contracts at this strike prior to today, and today 392 contract(s) were bought and sold.
• For TSM TSM, we notice a call option trade that happens to be bearish, expiring in 9 day(s) on January 21, 2022. This event was a transfer of 200 contract(s) at a $126.00 strike. The total cost received by the writing party (or parties) was $153.0K, with a price of $765.0 per contract. There were 574 open contracts at this strike prior to today, and today 313 contract(s) were bought and sold.
• Regarding ADP ADP, we observe a call option trade with bearish sentiment. It expires in 219 day(s) on August 19, 2022. Parties traded 300 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $450.0K, with a price of $1500.0 per contract. There were 1 open contracts at this strike prior to today, and today 300 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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