10 Communication Services Stocks Whale Activity In Today's Session

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.

Here's the list of options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding META META, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on March 10, 2023. Parties traded 100 contract(s) at a $187.50 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $31.9K, with a price of $320.0 per contract. There were 2434 open contracts at this strike prior to today, and today 8424 contract(s) were bought and sold.

• Regarding SE SE, we observe a call option trade with bullish sentiment. It expires in 10 day(s) on March 17, 2023. Parties traded 100 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $325.0 per contract. There were 4733 open contracts at this strike prior to today, and today 7927 contract(s) were bought and sold.

• Regarding CMCSA CMCSA, we observe a call option sweep with neutral sentiment. It expires in 136 day(s) on July 21, 2023. Parties traded 277 contract(s) at a $40.00 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 $26.8K, with a price of $97.0 per contract. There were 5247 open contracts at this strike prior to today, and today 4185 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bullish sentiment. It expires in 45 day(s) on April 21, 2023. Parties traded 636 contract(s) at a $110.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $41.0 per contract. There were 19680 open contracts at this strike prior to today, and today 2313 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on March 10, 2023. This event was a transfer of 100 contract(s) at a $97.00 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 $25.8K, with a price of $258.0 per contract. There were 1957 open contracts at this strike prior to today, and today 1650 contract(s) were bought and sold.

• Regarding RBLX RBLX, we observe a put option trade with bearish sentiment. It expires in 318 day(s) on January 19, 2024. Parties traded 800 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $138.4K, with a price of $173.0 per contract. There were 1859 open contracts at this strike prior to today, and today 1511 contract(s) were bought and sold.

• For FUBO FUBO, we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on April 21, 2023. This event was a transfer of 285 contract(s) at a $4.00 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 $65.2K, with a price of $229.0 per contract. There were 124 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.

• For DIS DIS, we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on April 21, 2023. This event was a transfer of 181 contract(s) at a $95.00 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 $34.3K, with a price of $190.0 per contract. There were 8432 open contracts at this strike prior to today, and today 386 contract(s) were bought and sold.

• Regarding DISH DISH, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on April 21, 2023. Parties traded 200 contract(s) at a $12.50 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $150.0 per contract. There were 8860 open contracts at this strike prior to today, and today 243 contract(s) were bought and sold.

• For BIDU BIDU, we notice a put option sweep that happens to be bullish, expiring in 45 day(s) on April 21, 2023. This event was a transfer of 27 contract(s) at a $145.00 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 $26.0K, with a price of $963.0 per contract. There were 372 open contracts at this strike prior to today, and today 79 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 about unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.