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 | TRADE | BEARISH | 12/09/22 | $170.00 | $54.0K | 5.4K | 31.7K |
AAPL | CALL | SWEEP | BEARISH | 12/09/22 | $149.00 | $25.8K | 7.8K | 28.8K |
DOCU | CALL | TRADE | BULLISH | 12/09/22 | $50.00 | $46.0K | 863 | 1.5K |
MSFT | CALL | TRADE | BEARISH | 12/16/22 | $260.00 | $33.7K | 12.5K | 1.5K |
MU | CALL | TRADE | NEUTRAL | 04/21/23 | $57.50 | $720.0K | 822 | 1.5K |
ZS | CALL | SWEEP | BEARISH | 12/09/22 | $128.00 | $87.3K | 168 | 1.2K |
AVGO | PUT | SWEEP | BEARISH | 12/16/22 | $500.00 | $72.5K | 1.0K | 913 |
TXN | CALL | SWEEP | BEARISH | 01/20/23 | $190.00 | $63.7K | 13.8K | 899 |
PYPL | PUT | SWEEP | BEARISH | 01/20/23 | $75.00 | $158.0K | 6.8K | 862 |
CRWD | PUT | TRADE | BULLISH | 07/21/23 | $120.00 | $754.0K | 66 | 400 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on December 9, 2022. This event was a transfer of 200 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $54.0K, with a price of $270.0 per contract. There were 5434 open contracts at this strike prior to today, and today 31765 contract(s) were bought and sold.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 9, 2022. This event was a transfer of 225 contract(s) at a $149.00 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 $25.8K, with a price of $115.0 per contract. There were 7894 open contracts at this strike prior to today, and today 28832 contract(s) were bought and sold.
• Regarding DOCU DOCU, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on December 9, 2022. Parties traded 297 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $46.0K, with a price of $155.0 per contract. There were 863 open contracts at this strike prior to today, and today 1579 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on December 16, 2022. This event was a transfer of 160 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $33.7K, with a price of $211.0 per contract. There were 12548 open contracts at this strike prior to today, and today 1522 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option trade with neutral sentiment. It expires in 137 day(s) on April 21, 2023. Parties traded 1500 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $720.0K, with a price of $480.0 per contract. There were 822 open contracts at this strike prior to today, and today 1517 contract(s) were bought and sold.
• For ZS ZS, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 9, 2022. This event was a transfer of 499 contract(s) at a $128.00 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 $87.3K, with a price of $175.0 per contract. There were 168 open contracts at this strike prior to today, and today 1282 contract(s) were bought and sold.
• For AVGO AVGO, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on December 16, 2022. This event was a transfer of 148 contract(s) at a $500.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $72.5K, with a price of $490.0 per contract. There were 1024 open contracts at this strike prior to today, and today 913 contract(s) were bought and sold.
• Regarding TXN TXN, we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on January 20, 2023. Parties traded 250 contract(s) at a $190.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $63.7K, with a price of $255.0 per contract. There were 13841 open contracts at this strike prior to today, and today 899 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a put option sweep with bearish sentiment. It expires in 46 day(s) on January 20, 2023. Parties traded 301 contract(s) at a $75.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $158.0K, with a price of $525.0 per contract. There were 6827 open contracts at this strike prior to today, and today 862 contract(s) were bought and sold.
• For CRWD CRWD, we notice a put option trade that happens to be bullish, expiring in 228 day(s) on July 21, 2023. This event was a transfer of 400 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $754.0K, with a price of $1885.0 per contract. There were 66 open contracts at this strike prior to today, and today 400 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 news on 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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