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 | PUT | TRADE | BULLISH | 03/03/23 | $225.00 | $46.8K | 8.6K | 54.9K |
AAPL | CALL | SWEEP | BULLISH | 03/03/23 | $146.00 | $31.0K | 2.5K | 20.9K |
AMD | CALL | SWEEP | BEARISH | 03/03/23 | $80.00 | $62.6K | 10.0K | 20.1K |
FSLR | CALL | TRADE | BULLISH | 03/17/23 | $195.00 | $31.6K | 1.0K | 1.8K |
MSFT | CALL | SWEEP | BEARISH | 03/10/23 | $250.00 | $72.0K | 1.8K | 1.5K |
CRM | CALL | SWEEP | BULLISH | 06/16/23 | $175.00 | $45.8K | 2.7K | 1.4K |
STM | PUT | SWEEP | BULLISH | 07/21/23 | $40.00 | $125.0K | 516 | 1.0K |
CSCO | PUT | SWEEP | BULLISH | 06/16/23 | $40.00 | $43.0K | 18.9K | 1.0K |
RIOT | CALL | SWEEP | BEARISH | 04/21/23 | $7.00 | $48.8K | 2.6K | 772 |
AMAT | CALL | TRADE | BULLISH | 03/17/23 | $120.00 | $26.8K | 5.2K | 537 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a put option trade with bullish sentiment. It expires in 2 day(s) on March 3, 2023. Parties traded 200 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $46.8K, with a price of $234.0 per contract. There were 8633 open contracts at this strike prior to today, and today 54935 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on March 3, 2023. Parties traded 200 contract(s) at a $146.00 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 $31.0K, with a price of $155.0 per contract. There were 2504 open contracts at this strike prior to today, and today 20976 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on March 3, 2023. Parties traded 1008 contract(s) at a $80.00 strike. This particular call needed to be split into 227 different trades to become filled. The total cost received by the writing party (or parties) was $62.6K, with a price of $61.0 per contract. There were 10094 open contracts at this strike prior to today, and today 20149 contract(s) were bought and sold.
• For FSLR FSLR, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on March 17, 2023. This event was a transfer of 40 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $31.6K, with a price of $790.0 per contract. There were 1064 open contracts at this strike prior to today, and today 1810 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on March 10, 2023. Parties traded 200 contract(s) at a $250.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $72.0K, with a price of $361.0 per contract. There were 1810 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.
• Regarding CRM CRM, we observe a call option sweep with bullish sentiment. It expires in 107 day(s) on June 16, 2023. Parties traded 40 contract(s) at a $175.00 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 $45.8K, with a price of $1145.0 per contract. There were 2730 open contracts at this strike prior to today, and today 1459 contract(s) were bought and sold.
• Regarding STM STM, we observe a put option sweep with bullish sentiment. It expires in 142 day(s) on July 21, 2023. Parties traded 1000 contract(s) at a $40.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $125.0K, with a price of $125.0 per contract. There were 516 open contracts at this strike prior to today, and today 1070 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a put option sweep with bullish sentiment. It expires in 107 day(s) on June 16, 2023. Parties traded 1000 contract(s) at a $40.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $43.0K, with a price of $43.0 per contract. There were 18975 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For RIOT RIOT, we notice a call option sweep that happens to be bearish, expiring in 51 day(s) on April 21, 2023. This event was a transfer of 651 contract(s) at a $7.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $48.8K, with a price of $75.0 per contract. There were 2644 open contracts at this strike prior to today, and today 772 contract(s) were bought and sold.
• For AMAT AMAT, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on March 17, 2023. This event was a transfer of 80 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $335.0 per contract. There were 5203 open contracts at this strike prior to today, and today 537 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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