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 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.

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 AMC AMC, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on June 23, 2023. Parties traded 200 contract(s) at a $6.00 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 $30.6K, with a price of $153.0 per contract. There were 12788 open contracts at this strike prior to today, and today 11764 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a put option sweep with bearish sentiment. It expires in 58 day(s) on August 18, 2023. Parties traded 241 contract(s) at a $110.00 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 $38.8K, with a price of $161.0 per contract. There were 15260 open contracts at this strike prior to today, and today 8271 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option sweep that happens to be bullish, expiring in 30 day(s) on July 21, 2023. This event was a transfer of 500 contract(s) at a $120.00 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 $202.5K, with a price of $405.0 per contract. There were 16191 open contracts at this strike prior to today, and today 3462 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a put option sweep with bearish sentiment. It expires in 212 day(s) on January 19, 2024. Parties traded 145 contract(s) at a $75.00 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 $32.3K, with a price of $223.0 per contract. There were 12414 open contracts at this strike prior to today, and today 3408 contract(s) were bought and sold.

• Regarding WBD WBD, we observe a call option sweep with bearish sentiment. It expires in 86 day(s) on September 15, 2023. Parties traded 1540 contract(s) at a $17.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $17.0 per contract. There were 9797 open contracts at this strike prior to today, and today 1596 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a call option trade with bearish sentiment. It expires in 9 day(s) on June 30, 2023. Parties traded 50 contract(s) at a $425.00 strike. The total cost received by the writing party (or parties) was $48.4K, with a price of $968.0 per contract. There were 418 open contracts at this strike prior to today, and today 875 contract(s) were bought and sold.

• Regarding META META, we observe a put option sweep with bullish sentiment. It expires in 149 day(s) on November 17, 2023. Parties traded 562 contract(s) at a $160.00 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 $66.8K, with a price of $119.0 per contract. There were 1095 open contracts at this strike prior to today, and today 575 contract(s) were bought and sold.

• For TMUS TMUS, we notice a call option sweep that happens to be bearish, expiring in 58 day(s) on August 18, 2023. This event was a transfer of 199 contract(s) at a $130.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $157.2K, with a price of $790.0 per contract. There were 2531 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold.

• Regarding SKLZ SKLZ, we observe a put option sweep with bullish sentiment. It expires in 212 day(s) on January 19, 2024. Parties traded 297 contract(s) at a $1.50 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 $28.2K, with a price of $95.0 per contract. There were 660 open contracts at this strike prior to today, and today 297 contract(s) were bought and sold.

• For ATVI ATVI, we notice a put option trade that happens to be bearish, expiring in 58 day(s) on August 18, 2023. This event was a transfer of 97 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $59.6K, with a price of $615.0 per contract. There were 3795 open contracts at this strike prior to today, and today 100 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.