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 |
---|---|---|---|---|---|---|---|---|
AMD | CALL | SWEEP | BULLISH | 10/21/22 | $60.00 | $27.0K | 15.4K | 22.3K |
NVDA | PUT | SWEEP | BULLISH | 10/21/22 | $120.00 | $26.4K | 6.9K | 13.1K |
MSFT | PUT | TRADE | BULLISH | 10/21/22 | $237.50 | $85.0K | 3.5K | 6.5K |
INTC | CALL | TRADE | BULLISH | 01/19/24 | $25.00 | $750.0K | 12.7K | 1.5K |
AAPL | CALL | TRADE | BULLISH | 01/17/25 | $135.00 | $37.7K | 4.4K | 636 |
PYPL | CALL | SWEEP | BULLISH | 06/16/23 | $105.00 | $30.5K | 2.5K | 448 |
ON | CALL | SWEEP | BULLISH | 10/21/22 | $61.00 | $33.3K | 1.3K | 358 |
SQ | PUT | TRADE | NEUTRAL | 01/20/23 | $105.00 | $30.8K | 4.9K | 238 |
BILL | PUT | SWEEP | BEARISH | 01/20/23 | $175.00 | $622.1K | 94 | 170 |
QCOM | PUT | SWEEP | NEUTRAL | 03/17/23 | $120.00 | $30.7K | 1.6K | 130 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on October 21, 2022. This event was a transfer of 1000 contract(s) at a $60.00 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 $27.0K, with a price of $27.0 per contract. There were 15419 open contracts at this strike prior to today, and today 22312 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on October 21, 2022. Parties traded 100 contract(s) at a $120.00 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 $26.4K, with a price of $264.0 per contract. There were 6937 open contracts at this strike prior to today, and today 13175 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option trade with bullish sentiment. It expires in 2 day(s) on October 21, 2022. Parties traded 200 contract(s) at a $237.50 strike. The total cost received by the writing party (or parties) was $85.0K, with a price of $425.0 per contract. There were 3520 open contracts at this strike prior to today, and today 6575 contract(s) were bought and sold.
• For INTC INTC, we notice a call option trade that happens to be bullish, expiring in 457 day(s) on January 19, 2024. This event was a transfer of 1500 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $750.0K, with a price of $500.0 per contract. There were 12717 open contracts at this strike prior to today, and today 1591 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option trade that happens to be bullish, expiring in 821 day(s) on January 17, 2025. This event was a transfer of 10 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $37.7K, with a price of $3775.0 per contract. There were 4458 open contracts at this strike prior to today, and today 636 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a call option sweep with bullish sentiment. It expires in 240 day(s) on June 16, 2023. Parties traded 41 contract(s) at a $105.00 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 $30.5K, with a price of $745.0 per contract. There were 2515 open contracts at this strike prior to today, and today 448 contract(s) were bought and sold.
• Regarding ON ON, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on October 21, 2022. Parties traded 318 contract(s) at a $61.00 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 $33.3K, with a price of $105.0 per contract. There were 1341 open contracts at this strike prior to today, and today 358 contract(s) were bought and sold.
• For SQ SQ, we notice a put option trade that happens to be neutral, expiring in 93 day(s) on January 20, 2023. This event was a transfer of 6 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $30.8K, with a price of $5140.0 per contract. There were 4998 open contracts at this strike prior to today, and today 238 contract(s) were bought and sold.
• Regarding BILL BILL, we observe a put option sweep with bearish sentiment. It expires in 93 day(s) on January 20, 2023. Parties traded 115 contract(s) at a $175.00 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 $622.1K, with a price of $5410.0 per contract. There were 94 open contracts at this strike prior to today, and today 170 contract(s) were bought and sold.
• For QCOM QCOM, we notice a put option sweep that happens to be neutral, expiring in 149 day(s) on March 17, 2023. This event was a transfer of 18 contract(s) at a $120.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $30.7K, with a price of $1710.0 per contract. There were 1686 open contracts at this strike prior to today, and today 130 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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