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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NVDA | PUT | SWEEP | BEARISH | 05/12/23 | $285.00 | $34.4K | 8.0K | 32.1K |
AAPL | PUT | SWEEP | BEARISH | 05/19/23 | $172.50 | $44.5K | 10.4K | 9.3K |
AMD | PUT | TRADE | BEARISH | 05/19/23 | $97.00 | $47.2K | 981 | 4.4K |
TWLO | PUT | SWEEP | BULLISH | 07/21/23 | $42.00 | $53.8K | 976 | 3.3K |
NET | CALL | SWEEP | BEARISH | 05/19/23 | $51.00 | $45.0K | 1.2K | 3.0K |
HPQ | CALL | SWEEP | BEARISH | 06/16/23 | $30.00 | $33.5K | 3.8K | 1.2K |
U | CALL | SWEEP | BULLISH | 06/16/23 | $30.00 | $115.4K | 3.9K | 1.1K |
TSM | PUT | TRADE | BULLISH | 10/20/23 | $80.00 | $202.0K | 4.9K | 715 |
MSFT | PUT | SWEEP | BULLISH | 06/09/23 | $305.00 | $79.2K | 450 | 683 |
ADBE | PUT | TRADE | BULLISH | 01/19/24 | $300.00 | $1.2 million | 1.0K | 658 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on May 12, 2023. Parties traded 160 contract(s) at a $285.00 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 $34.4K, with a price of $215.0 per contract. There were 8047 open contracts at this strike prior to today, and today 32111 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on May 19, 2023. Parties traded 289 contract(s) at a $172.50 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $44.5K, with a price of $154.0 per contract. There were 10415 open contracts at this strike prior to today, and today 9302 contract(s) were bought and sold.
• For AMD AMD, we notice a put option trade that happens to be bearish, expiring in 8 day(s) on May 19, 2023. This event was a transfer of 200 contract(s) at a $97.00 strike. The total cost received by the writing party (or parties) was $47.2K, with a price of $236.0 per contract. There were 981 open contracts at this strike prior to today, and today 4464 contract(s) were bought and sold.
• Regarding TWLO TWLO, we observe a put option sweep with bullish sentiment. It expires in 71 day(s) on July 21, 2023. Parties traded 291 contract(s) at a $42.00 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 $53.8K, with a price of $185.0 per contract. There were 976 open contracts at this strike prior to today, and today 3349 contract(s) were bought and sold.
• For NET NET, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on May 19, 2023. This event was a transfer of 500 contract(s) at a $51.00 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 $45.0K, with a price of $90.0 per contract. There were 1206 open contracts at this strike prior to today, and today 3041 contract(s) were bought and sold.
• Regarding HPQ HPQ, we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on June 16, 2023. Parties traded 372 contract(s) at a $30.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $33.5K, with a price of $91.0 per contract. There were 3882 open contracts at this strike prior to today, and today 1295 contract(s) were bought and sold.
• Regarding U U, we observe a call option sweep with bullish sentiment. It expires in 36 day(s) on June 16, 2023. Parties traded 300 contract(s) at a $30.00 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 $115.4K, with a price of $384.0 per contract. There were 3925 open contracts at this strike prior to today, and today 1176 contract(s) were bought and sold.
• For TSM TSM, we notice a put option trade that happens to be bullish, expiring in 162 day(s) on October 20, 2023. This event was a transfer of 400 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $202.0K, with a price of $505.0 per contract. There were 4914 open contracts at this strike prior to today, and today 715 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option sweep with bullish sentiment. It expires in 29 day(s) on June 9, 2023. Parties traded 151 contract(s) at a $305.00 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 $79.2K, with a price of $525.0 per contract. There were 450 open contracts at this strike prior to today, and today 683 contract(s) were bought and sold.
• Regarding ADBE ADBE, we observe a put option trade with bullish sentiment. It expires in 253 day(s) on January 19, 2024. Parties traded 650 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $1.2 million, with a price of $1895.0 per contract. There were 1006 open contracts at this strike prior to today, and today 658 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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