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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | SWEEP | BEARISH | 10/28/22 | $133.00 | $34.2K | 2.6K | 10.1K |
MU | PUT | SWEEP | NEUTRAL | 10/28/22 | $53.00 | $46.1K | 2.7K | 8.7K |
MSFT | CALL | SWEEP | BEARISH | 11/04/22 | $237.50 | $27.9K | 1.7K | 8.3K |
AAPL | PUT | SWEEP | BULLISH | 10/28/22 | $148.00 | $28.3K | 9.0K | 8.2K |
INTC | CALL | SWEEP | BEARISH | 10/28/22 | $27.00 | $237.2K | 6.5K | 7.7K |
PYPL | CALL | SWEEP | NEUTRAL | 09/15/23 | $115.00 | $26.0K | 1.5K | 1.6K |
V | CALL | TRADE | BEARISH | 01/19/24 | $210.00 | $56.6K | 1.3K | 326 |
SEDG | PUT | SWEEP | BEARISH | 11/18/22 | $200.00 | $72.6K | 781 | 311 |
MSTR | CALL | SWEEP | BULLISH | 11/18/22 | $300.00 | $140.0K | 318 | 264 |
TXN | PUT | TRADE | BEARISH | 11/04/22 | $157.50 | $35.8K | 532 | 184 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 28, 2022. Parties traded 163 contract(s) at a $133.00 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 $34.2K, with a price of $210.0 per contract. There were 2682 open contracts at this strike prior to today, and today 10142 contract(s) were bought and sold.
• Regarding MU MU, we observe a put option sweep with neutral sentiment. It expires in 1 day(s) on October 28, 2022. Parties traded 744 contract(s) at a $53.00 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 $46.1K, with a price of $62.0 per contract. There were 2747 open contracts at this strike prior to today, and today 8729 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on November 4, 2022. Parties traded 200 contract(s) at a $237.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $139.0 per contract. There were 1748 open contracts at this strike prior to today, and today 8335 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on October 28, 2022. Parties traded 56 contract(s) at a $148.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $506.0 per contract. There were 9022 open contracts at this strike prior to today, and today 8249 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 28, 2022. Parties traded 2201 contract(s) at a $27.00 strike. This particular call needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $237.2K, with a price of $107.0 per contract. There were 6562 open contracts at this strike prior to today, and today 7737 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a call option sweep with neutral sentiment. It expires in 323 day(s) on September 15, 2023. Parties traded 29 contract(s) at a $115.00 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 $26.0K, with a price of $900.0 per contract. There were 1550 open contracts at this strike prior to today, and today 1619 contract(s) were bought and sold.
• Regarding V V, we observe a call option trade with bearish sentiment. It expires in 449 day(s) on January 19, 2024. Parties traded 20 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $56.6K, with a price of $2830.0 per contract. There were 1389 open contracts at this strike prior to today, and today 326 contract(s) were bought and sold.
• Regarding SEDG SEDG, we observe a put option sweep with bearish sentiment. It expires in 22 day(s) on November 18, 2022. Parties traded 110 contract(s) at a $200.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $72.6K, with a price of $660.0 per contract. There were 781 open contracts at this strike prior to today, and today 311 contract(s) were bought and sold.
• For MSTR MSTR, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on November 18, 2022. This event was a transfer of 100 contract(s) at a $300.00 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 $140.0K, with a price of $1400.0 per contract. There were 318 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold.
• Regarding TXN TXN, we observe a put option trade with bearish sentiment. It expires in 8 day(s) on November 4, 2022. Parties traded 104 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $35.8K, with a price of $345.0 per contract. There were 532 open contracts at this strike prior to today, and today 184 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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