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.
Here's the list of options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| GOOGL | CALL | TRADE | BULLISH | 07/29/22 | $109.00 | $92.5K | 7.3K | 7.4K |
| META | PUT | TRADE | BULLISH | 07/29/22 | $157.50 | $33.1K | 4.7K | 2.0K |
| LFLY | CALL | SWEEP | BEARISH | 10/21/22 | $10.00 | $26.0K | 2.0K | 1.9K |
| NFLX | CALL | TRADE | BULLISH | 07/29/22 | $227.50 | $25.6K | 1.0K | 1.8K |
| ROKU | CALL | SWEEP | BULLISH | 07/29/22 | $80.00 | $59.9K | 1.7K | 1.2K |
| GOOG | CALL | TRADE | BEARISH | 06/16/23 | $95.00 | $54.3K | 1.0K | 1.0K |
| TWTR | PUT | TRADE | BEARISH | 01/20/23 | $47.00 | $48.2K | 14.3K | 550 |
| AMC | CALL | SWEEP | BEARISH | 08/19/22 | $15.00 | $39.8K | 4.3K | 433 |
| RBLX | PUT | TRADE | BEARISH | 08/12/22 | $37.00 | $38.9K | 146 | 416 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For GOOGL GOOGL, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 250 contract(s) at a $109.00 strike. The total cost received by the writing party (or parties) was $92.5K, with a price of $370.0 per contract. There were 7387 open contracts at this strike prior to today, and today 7470 contract(s) were bought and sold.
• For META META, we notice a put option trade that happens to be bullish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 86 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $33.1K, with a price of $385.0 per contract. There were 4792 open contracts at this strike prior to today, and today 2085 contract(s) were bought and sold.
• Regarding LFLY LFLY, we observe a call option sweep with bearish sentiment. It expires in 86 day(s) on October 21, 2022. Parties traded 400 contract(s) at a $10.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $65.0 per contract. There were 2001 open contracts at this strike prior to today, and today 1937 contract(s) were bought and sold.
• For NFLX NFLX, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 120 contract(s) at a $227.50 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $214.0 per contract. There were 1034 open contracts at this strike prior to today, and today 1865 contract(s) were bought and sold.
• For ROKU ROKU, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 67 contract(s) at a $80.00 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 $59.9K, with a price of $895.0 per contract. There were 1764 open contracts at this strike prior to today, and today 1274 contract(s) were bought and sold.
• Regarding GOOG GOOG, we observe a call option trade with bearish sentiment. It expires in 324 day(s) on June 16, 2023. Parties traded 21 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $54.3K, with a price of $2590.0 per contract. There were 1064 open contracts at this strike prior to today, and today 1026 contract(s) were bought and sold.
• For TWTR TWTR, we notice a put option trade that happens to be bearish, expiring in 177 day(s) on January 20, 2023. This event was a transfer of 50 contract(s) at a $47.00 strike. The total cost received by the writing party (or parties) was $48.2K, with a price of $965.0 per contract. There were 14346 open contracts at this strike prior to today, and today 550 contract(s) were bought and sold.
• For AMC AMC, we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on August 19, 2022. This event was a transfer of 353 contract(s) at a $15.00 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 $39.8K, with a price of $113.0 per contract. There were 4339 open contracts at this strike prior to today, and today 433 contract(s) were bought and sold.
• Regarding RBLX RBLX, we observe a put option trade with bearish sentiment. It expires in 16 day(s) on August 12, 2022. Parties traded 193 contract(s) at a $37.00 strike. The total cost received by the writing party (or parties) was $38.9K, with a price of $202.0 per contract. There were 146 open contracts at this strike prior to today, and today 416 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.
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