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.
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 |
---|---|---|---|---|---|---|---|---|
AAPL | PUT | TRADE | NEUTRAL | 12/09/22 | $140.00 | $63.5K | 18.9K | 56.6K |
PYPL | CALL | SWEEP | BULLISH | 12/09/22 | $74.00 | $41.6K | 5.5K | 7.5K |
NVDA | PUT | TRADE | NEUTRAL | 12/23/22 | $157.50 | $33.0K | 631 | 2.2K |
CSCO | CALL | TRADE | BULLISH | 04/21/23 | $55.00 | $160.6K | 2.0K | 2.2K |
U | CALL | SWEEP | BULLISH | 01/20/23 | $40.00 | $26.0K | 8.0K | 1.5K |
NTNX | PUT | SWEEP | BULLISH | 07/21/23 | $40.00 | $121.0K | 3.0K | 1.4K |
MU | CALL | TRADE | BULLISH | 01/20/23 | $50.00 | $38.1K | 4.1K | 698 |
INTC | PUT | SWEEP | BEARISH | 06/16/23 | $29.00 | $55.4K | 244 | 521 |
SQ | PUT | SWEEP | BULLISH | 02/17/23 | $42.50 | $41.7K | 152 | 289 |
MSFT | CALL | TRADE | BULLISH | 04/21/23 | $280.00 | $33.4K | 1.9K | 252 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a put option trade that happens to be neutral, expiring in 2 day(s) on December 9, 2022. This event was a transfer of 500 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $63.5K, with a price of $127.0 per contract. There were 18927 open contracts at this strike prior to today, and today 56661 contract(s) were bought and sold.
• For PYPL PYPL, we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on December 9, 2022. This event was a transfer of 300 contract(s) at a $74.00 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 $41.6K, with a price of $139.0 per contract. There were 5527 open contracts at this strike prior to today, and today 7575 contract(s) were bought and sold.
• For NVDA NVDA, we notice a put option trade that happens to be neutral, expiring in 16 day(s) on December 23, 2022. This event was a transfer of 50 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $660.0 per contract. There were 631 open contracts at this strike prior to today, and today 2248 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a call option trade with bullish sentiment. It expires in 135 day(s) on April 21, 2023. Parties traded 2200 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $160.6K, with a price of $73.0 per contract. There were 2017 open contracts at this strike prior to today, and today 2243 contract(s) were bought and sold.
• Regarding U U, we observe a call option sweep with bullish sentiment. It expires in 44 day(s) on January 20, 2023. Parties traded 147 contract(s) at a $40.00 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 $26.0K, with a price of $177.0 per contract. There were 8045 open contracts at this strike prior to today, and today 1575 contract(s) were bought and sold.
• Regarding NTNX NTNX, we observe a put option sweep with bullish sentiment. It expires in 226 day(s) on July 21, 2023. Parties traded 121 contract(s) at a $40.00 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 $121.0K, with a price of $1000.0 per contract. There were 3000 open contracts at this strike prior to today, and today 1475 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option trade with bullish sentiment. It expires in 44 day(s) on January 20, 2023. Parties traded 67 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $38.1K, with a price of $570.0 per contract. There were 4192 open contracts at this strike prior to today, and today 698 contract(s) were bought and sold.
• For INTC INTC, we notice a put option sweep that happens to be bearish, expiring in 191 day(s) on June 16, 2023. This event was a transfer of 163 contract(s) at a $29.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $55.4K, with a price of $340.0 per contract. There were 244 open contracts at this strike prior to today, and today 521 contract(s) were bought and sold.
• Regarding SQ SQ, we observe a put option sweep with bullish sentiment. It expires in 72 day(s) on February 17, 2023. Parties traded 280 contract(s) at a $42.50 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $41.7K, with a price of $149.0 per contract. There were 152 open contracts at this strike prior to today, and today 289 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 135 day(s) on April 21, 2023. Parties traded 50 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $33.4K, with a price of $669.0 per contract. There were 1930 open contracts at this strike prior to today, and today 252 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.
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