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 |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP | BEARISH | 12/30/22 | $131.00 | $30.3K | 4.1K | 7.7K |
AMD | PUT | SWEEP | BEARISH | 01/06/23 | $63.00 | $76.0K | 5.2K | 3.4K |
PYPL | PUT | SWEEP | BULLISH | 12/30/22 | $68.00 | $35.4K | 2.5K | 2.0K |
MU | CALL | SWEEP | BEARISH | 01/27/23 | $54.00 | $25.0K | 40 | 1.5K |
NVDA | CALL | SWEEP | NEUTRAL | 01/20/23 | $160.00 | $63.2K | 15.7K | 778 |
SQ | PUT | TRADE | BULLISH | 01/13/23 | $56.00 | $36.4K | 95 | 434 |
MSFT | PUT | SWEEP | BULLISH | 01/20/23 | $237.50 | $35.7K | 819 | 418 |
TXN | CALL | TRADE | BULLISH | 01/06/23 | $160.00 | $36.3K | 112 | 240 |
ENPH | PUT | TRADE | BEARISH | 01/20/23 | $300.00 | $36.5K | 2.1K | 217 |
AKAM | CALL | TRADE | BEARISH | 02/17/23 | $92.50 | $39.0K | 797 | 215 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on December 30, 2022. Parties traded 119 contract(s) at a $131.00 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 $30.3K, with a price of $255.0 per contract. There were 4144 open contracts at this strike prior to today, and today 7738 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 14 day(s) on January 6, 2023. This event was a transfer of 400 contract(s) at a $63.00 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 $76.0K, with a price of $190.0 per contract. There were 5278 open contracts at this strike prior to today, and today 3474 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on December 30, 2022. Parties traded 300 contract(s) at a $68.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $118.0 per contract. There were 2513 open contracts at this strike prior to today, and today 2021 contract(s) were bought and sold.
• For MU MU, we notice a call option sweep that happens to be bearish, expiring in 35 day(s) on January 27, 2023. This event was a transfer of 230 contract(s) at a $54.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $109.0 per contract. There were 40 open contracts at this strike prior to today, and today 1530 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option sweep that happens to be neutral, expiring in 28 day(s) on January 20, 2023. This event was a transfer of 114 contract(s) at a $160.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $63.2K, with a price of $555.0 per contract. There were 15771 open contracts at this strike prior to today, and today 778 contract(s) were bought and sold.
• For SQ SQ, we notice a put option trade that happens to be bullish, expiring in 21 day(s) on January 13, 2023. This event was a transfer of 177 contract(s) at a $56.00 strike. The total cost received by the writing party (or parties) was $36.4K, with a price of $206.0 per contract. There were 95 open contracts at this strike prior to today, and today 434 contract(s) were bought and sold.
• For MSFT MSFT, we notice a put option sweep that happens to be bullish, expiring in 28 day(s) on January 20, 2023. This event was a transfer of 49 contract(s) at a $237.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $730.0 per contract. There were 819 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold.
• Regarding TXN TXN, we observe a call option trade with bullish sentiment. It expires in 14 day(s) on January 6, 2023. Parties traded 60 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $36.3K, with a price of $605.0 per contract. There were 112 open contracts at this strike prior to today, and today 240 contract(s) were bought and sold.
• Regarding ENPH ENPH, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on January 20, 2023. Parties traded 17 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $2150.0 per contract. There were 2118 open contracts at this strike prior to today, and today 217 contract(s) were bought and sold.
• For AKAM AKAM, we notice a call option trade that happens to be bearish, expiring in 56 day(s) on February 17, 2023. This event was a transfer of 211 contract(s) at a $92.50 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $185.0 per contract. There were 797 open contracts at this strike prior to today, and today 215 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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