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 | 04/06/23 | $165.00 | $39.4K | 18.6K | 49.2K |
AMD | CALL | SWEEP | BULLISH | 04/06/23 | $96.00 | $38.5K | 4.3K | 18.6K |
NVDA | PUT | TRADE | BULLISH | 04/06/23 | $272.50 | $33.4K | 5.8K | 8.1K |
BBAI | CALL | SWEEP | BULLISH | 04/21/23 | $3.50 | $25.0K | 526 | 2.0K |
MSFT | PUT | SWEEP | BULLISH | 04/14/23 | $275.00 | $49.2K | 1.6K | 1.1K |
QCOM | PUT | SWEEP | BULLISH | 04/14/23 | $121.00 | $32.2K | 119 | 282 |
PLTR | CALL | SWEEP | BEARISH | 01/17/25 | $7.00 | $33.0K | 12.5K | 194 |
LRCX | PUT | SWEEP | BEARISH | 04/21/23 | $515.00 | $299.8K | 68 | 153 |
AI | PUT | SWEEP | BULLISH | 04/06/23 | $36.00 | $31.0K | 17 | 129 |
NET | CALL | SWEEP | NEUTRAL | 06/16/23 | $65.00 | $56.9K | 2.1K | 122 |
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 3 day(s) on April 6, 2023. Parties traded 308 contract(s) at a $165.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $39.4K, with a price of $128.0 per contract. There were 18648 open contracts at this strike prior to today, and today 49237 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on April 6, 2023. This event was a transfer of 311 contract(s) at a $96.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $38.5K, with a price of $124.0 per contract. There were 4364 open contracts at this strike prior to today, and today 18682 contract(s) were bought and sold.
• For NVDA NVDA, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on April 6, 2023. This event was a transfer of 100 contract(s) at a $272.50 strike. The total cost received by the writing party (or parties) was $33.4K, with a price of $334.0 per contract. There were 5888 open contracts at this strike prior to today, and today 8172 contract(s) were bought and sold.
• For BBAI BBAI, we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on April 21, 2023. This event was a transfer of 1000 contract(s) at a $3.50 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 $25.0K, with a price of $25.0 per contract. There were 526 open contracts at this strike prior to today, and today 2055 contract(s) were bought and sold.
• For MSFT MSFT, we notice a put option sweep that happens to be bullish, expiring in 11 day(s) on April 14, 2023. This event was a transfer of 300 contract(s) at a $275.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $49.2K, with a price of $164.0 per contract. There were 1669 open contracts at this strike prior to today, and today 1149 contract(s) were bought and sold.
• For QCOM QCOM, we notice a put option sweep that happens to be bullish, expiring in 11 day(s) on April 14, 2023. This event was a transfer of 200 contract(s) at a $121.00 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 $32.2K, with a price of $161.0 per contract. There were 119 open contracts at this strike prior to today, and today 282 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option sweep with bearish sentiment. It expires in 655 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $7.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $330.0 per contract. There were 12551 open contracts at this strike prior to today, and today 194 contract(s) were bought and sold.
• Regarding LRCX LRCX, we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on April 21, 2023. Parties traded 149 contract(s) at a $515.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $299.8K, with a price of $2015.0 per contract. There were 68 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold.
• Regarding AI AI, we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on April 6, 2023. Parties traded 100 contract(s) at a $36.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 17 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold.
• Regarding NET NET, we observe a call option sweep with neutral sentiment. It expires in 74 day(s) on June 16, 2023. Parties traded 100 contract(s) at a $65.00 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 $56.9K, with a price of $565.0 per contract. There were 2138 open contracts at this strike prior to today, and today 122 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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