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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BULLISH | 02/11/22 | $260.00 | $31.9K | 11.3K | 65.2K |
AMD | CALL | SWEEP | BEARISH | 02/11/22 | $132.00 | $30.8K | 4.1K | 16.5K |
ENPH | CALL | SWEEP | BULLISH | 02/11/22 | $165.00 | $27.7K | 2.3K | 4.6K |
MSFT | CALL | SWEEP | BULLISH | 03/25/22 | $330.00 | $45.9K | 115 | 1.9K |
DDOG | CALL | TRADE | BEARISH | 06/17/22 | $140.00 | $607.0K | 2.9K | 1.0K |
SQ | CALL | SWEEP | BEARISH | 02/11/22 | $113.00 | $33.0K | 516 | 863 |
PYPL | CALL | TRADE | BEARISH | 06/17/22 | $150.00 | $34.0K | 2.5K | 463 |
ADI | PUT | TRADE | BULLISH | 06/17/22 | $135.00 | $136.0K | 3.5K | 400 |
TWLO | CALL | SWEEP | BEARISH | 02/18/22 | $200.00 | $126.0K | 476 | 271 |
MARA | CALL | TRADE | BEARISH | 05/20/22 | $30.00 | $54.5K | 860 | 267 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on February 11, 2022. Parties traded 46 contract(s) at a $260.00 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 $31.9K, with a price of $695.0 per contract. There were 11373 open contracts at this strike prior to today, and today 65269 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on February 11, 2022. Parties traded 200 contract(s) at a $132.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $154.0 per contract. There were 4184 open contracts at this strike prior to today, and today 16551 contract(s) were bought and sold.
• Regarding ENPH ENPH, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on February 11, 2022. Parties traded 101 contract(s) at a $165.00 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 $27.7K, with a price of $275.0 per contract. There were 2341 open contracts at this strike prior to today, and today 4670 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 44 day(s) on March 25, 2022. This event was a transfer of 158 contract(s) at a $330.00 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 $45.9K, with a price of $291.0 per contract. There were 115 open contracts at this strike prior to today, and today 1901 contract(s) were bought and sold.
• Regarding DDOG DDOG, we observe a call option trade with bearish sentiment. It expires in 128 day(s) on June 17, 2022. Parties traded 200 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $607.0K, with a price of $3035.0 per contract. There were 2968 open contracts at this strike prior to today, and today 1011 contract(s) were bought and sold.
• Regarding SQ SQ, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on February 11, 2022. Parties traded 200 contract(s) at a $113.00 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 $33.0K, with a price of $165.0 per contract. There were 516 open contracts at this strike prior to today, and today 863 contract(s) were bought and sold.
• For PYPL PYPL, we notice a call option trade that happens to be bearish, expiring in 128 day(s) on June 17, 2022. This event was a transfer of 100 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $340.0 per contract. There were 2575 open contracts at this strike prior to today, and today 463 contract(s) were bought and sold.
• Regarding ADI ADI, we observe a put option trade with bullish sentiment. It expires in 128 day(s) on June 17, 2022. Parties traded 400 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $136.0K, with a price of $340.0 per contract. There were 3531 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.
• Regarding TWLO TWLO, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on February 18, 2022. Parties traded 75 contract(s) at a $200.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $126.0K, with a price of $1680.0 per contract. There were 476 open contracts at this strike prior to today, and today 271 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bearish sentiment. It expires in 100 day(s) on May 20, 2022. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $54.5K, with a price of $545.0 per contract. There were 860 open contracts at this strike prior to today, and today 267 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.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.