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 | 12/30/22 | $146.00 | $31.6K | 2.0K | 13.8K |
FIS | CALL | SWEEP | BULLISH | 04/21/23 | $75.00 | $28.8K | 12.1K | 5.6K |
AMD | CALL | SWEEP | BEARISH | 01/06/23 | $65.00 | $34.0K | 2.6K | 2.6K |
ORCL | PUT | SWEEP | BEARISH | 01/13/23 | $74.00 | $38.0K | 166 | 2.3K |
PLTR | CALL | SWEEP | BEARISH | 03/17/23 | $6.00 | $32.4K | 3.2K | 2.3K |
AAPL | PUT | TRADE | BEARISH | 02/17/23 | $110.00 | $25.0K | 35.0K | 2.1K |
AFRM | PUT | SWEEP | BEARISH | 01/20/23 | $9.00 | $33.8K | 2.2K | 1.0K |
SNOW | CALL | TRADE | BULLISH | 12/30/22 | $140.00 | $33.2K | 740 | 794 |
FSLR | PUT | TRADE | BULLISH | 01/20/23 | $125.00 | $79.0K | 5.9K | 722 |
OKTA | CALL | TRADE | BULLISH | 01/19/24 | $70.00 | $642.2K | 546 | 607 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on December 30, 2022. This event was a transfer of 214 contract(s) at a $146.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $148.0 per contract. There were 2081 open contracts at this strike prior to today, and today 13841 contract(s) were bought and sold.
• For FIS FIS, we notice a call option sweep that happens to be bullish, expiring in 113 day(s) on April 21, 2023. This event was a transfer of 93 contract(s) at a $75.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $310.0 per contract. There were 12194 open contracts at this strike prior to today, and today 5659 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on January 6, 2023. Parties traded 200 contract(s) at a $65.00 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 $34.0K, with a price of $170.0 per contract. There were 2664 open contracts at this strike prior to today, and today 2622 contract(s) were bought and sold.
• Regarding ORCL ORCL, we observe a put option sweep with bearish sentiment. It expires in 15 day(s) on January 13, 2023. Parties traded 2363 contract(s) at a $74.00 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 $38.0K, with a price of $16.0 per contract. There were 166 open contracts at this strike prior to today, and today 2363 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bearish sentiment. It expires in 78 day(s) on March 17, 2023. Parties traded 300 contract(s) at a $6.00 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 $32.4K, with a price of $108.0 per contract. There were 3292 open contracts at this strike prior to today, and today 2356 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option trade with bearish sentiment. It expires in 50 day(s) on February 17, 2023. Parties traded 150 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $167.0 per contract. There were 35099 open contracts at this strike prior to today, and today 2165 contract(s) were bought and sold.
• For AFRM AFRM, we notice a put option sweep that happens to be bearish, expiring in 22 day(s) on January 20, 2023. This event was a transfer of 520 contract(s) at a $9.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $65.0 per contract. There were 2293 open contracts at this strike prior to today, and today 1006 contract(s) were bought and sold.
• Regarding SNOW SNOW, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on December 30, 2022. Parties traded 100 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $332.0 per contract. There were 740 open contracts at this strike prior to today, and today 794 contract(s) were bought and sold.
• Regarding FSLR FSLR, we observe a put option trade with bullish sentiment. It expires in 22 day(s) on January 20, 2023. Parties traded 670 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $79.0K, with a price of $118.0 per contract. There were 5905 open contracts at this strike prior to today, and today 722 contract(s) were bought and sold.
• For OKTA OKTA, we notice a call option trade that happens to be bullish, expiring in 386 day(s) on January 19, 2024. This event was a transfer of 350 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $642.2K, with a price of $1835.0 per contract. There were 546 open contracts at this strike prior to today, and today 607 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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