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 |
|---|---|---|---|---|---|---|---|---|
| T | CALL | TRADE | BEARISH | 11/18/22 | $18.00 | $770.0K | 85.4K | 10.2K |
| GOOG | CALL | SWEEP | BEARISH | 11/11/22 | $90.00 | $74.2K | 6.3K | 5.6K |
| DIS | PUT | SWEEP | BULLISH | 11/11/22 | $95.00 | $64.1K | 2.8K | 3.3K |
| RUM | PUT | SWEEP | BULLISH | 11/11/22 | $15.00 | $33.4K | 884 | 1.0K |
| GOOGL | CALL | TRADE | BULLISH | 01/20/23 | $90.00 | $54.8K | 15.1K | 534 |
| CHTR | CALL | TRADE | BULLISH | 01/19/24 | $530.00 | $108.8K | 3 | 156 |
| META | PUT | TRADE | NEUTRAL | 06/21/24 | $110.00 | $28.0K | 511 | 29 |
| NFLX | CALL | SWEEP | BULLISH | 03/17/23 | $250.00 | $84.3K | 1.8K | 22 |
| ROKU | PUT | TRADE | BEARISH | 11/11/22 | $65.00 | $26.4K | 34 | 20 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For T T, we notice a call option trade that happens to be bearish, expiring in 10 day(s) on November 18, 2022. This event was a transfer of 10000 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $770.0K, with a price of $77.0 per contract. There were 85472 open contracts at this strike prior to today, and today 10218 contract(s) were bought and sold.
• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on November 11, 2022. Parties traded 594 contract(s) at a $90.00 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 $74.2K, with a price of $125.0 per contract. There were 6391 open contracts at this strike prior to today, and today 5645 contract(s) were bought and sold.
• Regarding DIS DIS, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on November 11, 2022. Parties traded 415 contract(s) at a $95.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $64.1K, with a price of $154.0 per contract. There were 2816 open contracts at this strike prior to today, and today 3347 contract(s) were bought and sold.
• For RUM RUM, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on November 11, 2022. This event was a transfer of 124 contract(s) at a $15.00 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 $33.4K, with a price of $270.0 per contract. There were 884 open contracts at this strike prior to today, and today 1021 contract(s) were bought and sold.
• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 73 day(s) on January 20, 2023. Parties traded 100 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $54.8K, with a price of $548.0 per contract. There were 15159 open contracts at this strike prior to today, and today 534 contract(s) were bought and sold.
• Regarding CHTR CHTR, we observe a call option trade with bullish sentiment. It expires in 437 day(s) on January 19, 2024. Parties traded 53 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $108.8K, with a price of $2053.0 per contract. There were 3 open contracts at this strike prior to today, and today 156 contract(s) were bought and sold.
• Regarding META META, we observe a put option trade with neutral sentiment. It expires in 591 day(s) on June 21, 2024. Parties traded 10 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $2802.0 per contract. There were 511 open contracts at this strike prior to today, and today 29 contract(s) were bought and sold.
• For NFLX NFLX, we notice a call option sweep that happens to be bullish, expiring in 129 day(s) on March 17, 2023. This event was a transfer of 20 contract(s) at a $250.00 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 $84.3K, with a price of $4215.0 per contract. There were 1877 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold.
• For ROKU ROKU, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on November 11, 2022. This event was a transfer of 20 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $1320.0 per contract. There were 34 open contracts at this strike prior to today, and today 20 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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