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.

Below are some instances of options activity happening in the Communication Services sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• Regarding DIS DIS, we observe a call option sweep with bullish sentiment. It expires in 44 day(s) on July 21, 2023. Parties traded 500 contract(s) at a $100.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $73.0 per contract. There were 13438 open contracts at this strike prior to today, and today 4074 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option trade that happens to be bullish, expiring in 44 day(s) on July 21, 2023. This event was a transfer of 200 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $69.6K, with a price of $348.0 per contract. There were 21578 open contracts at this strike prior to today, and today 2980 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a put option sweep with neutral sentiment. It expires in 9 day(s) on June 16, 2023. Parties traded 519 contract(s) at a $120.00 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 $58.1K, with a price of $112.0 per contract. There were 11577 open contracts at this strike prior to today, and today 2772 contract(s) were bought and sold.

• For META META, we notice a put option trade that happens to be bullish, expiring in 100 day(s) on September 15, 2023. This event was a transfer of 22 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $26.9K, with a price of $1225.0 per contract. There were 4792 open contracts at this strike prior to today, and today 2106 contract(s) were bought and sold.

• Regarding ROKU ROKU, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on June 9, 2023. Parties traded 498 contract(s) at a $68.00 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 $32.8K, with a price of $66.0 per contract. There were 1 open contracts at this strike prior to today, and today 1481 contract(s) were bought and sold.

• Regarding RBLX RBLX, we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on June 30, 2023. Parties traded 345 contract(s) at a $36.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $74.0 per contract. There were 127 open contracts at this strike prior to today, and today 1024 contract(s) were bought and sold.

• Regarding T T, we observe a call option sweep with bullish sentiment. It expires in 226 day(s) on January 19, 2024. Parties traded 467 contract(s) at a $16.00 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 $52.7K, with a price of $113.0 per contract. There were 3265 open contracts at this strike prior to today, and today 642 contract(s) were bought and sold.

• For IAC IAC, we notice a put option sweep that happens to be neutral, expiring in 191 day(s) on December 15, 2023. This event was a transfer of 68 contract(s) at a $60.00 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 $40.8K, with a price of $600.0 per contract. There were 43 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a put option trade with neutral sentiment. It expires in 72 day(s) on August 18, 2023. Parties traded 18 contract(s) at a $405.00 strike. The total cost received by the writing party (or parties) was $50.1K, with a price of $2787.0 per contract. There were 250 open contracts at this strike prior to today, and today 117 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on June 16, 2023. Parties traded 14 contract(s) at a $160.00 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 $37.2K, with a price of $2660.0 per contract. There were 67 open contracts at this strike prior to today, and today 15 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.