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:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
PLTR CALL SWEEP BULLISH 06/23/23 $14.50 $32.0K 4.2K 31.2K
NVDA CALL SWEEP BEARISH 06/23/23 $425.00 $25.2K 7.6K 11.0K
AMD CALL SWEEP BEARISH 06/23/23 $111.00 $229.2K 542 6.3K
AAPL PUT SWEEP BULLISH 06/30/23 $187.50 $50.9K 3.8K 5.8K
AI CALL SWEEP BEARISH 06/23/23 $42.00 $40.1K 1.3K 3.0K
ORCL CALL SWEEP BEARISH 12/15/23 $125.00 $522.0K 1.7K 1.6K
APPS PUT TRADE BULLISH 12/15/23 $7.50 $39.9K 121 888
NTNX CALL SWEEP BULLISH 01/19/24 $30.00 $78.3K 13.1K 861
SMCI PUT SWEEP BEARISH 06/23/23 $225.00 $42.7K 406 859
PANW PUT TRADE NEUTRAL 07/21/23 $230.00 $107.5K 2.5K 733

Explanation

These itemized elaborations have been created using the accompanying table.

• For PLTR PLTR, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on June 23, 2023. This event was a transfer of 1885 contract(s) at a $14.50 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $17.0 per contract. There were 4204 open contracts at this strike prior to today, and today 31252 contract(s) were bought and sold.

• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on June 23, 2023. Parties traded 36 contract(s) at a $425.00 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 $25.2K, with a price of $700.0 per contract. There were 7622 open contracts at this strike prior to today, and today 11073 contract(s) were bought and sold.

• Regarding AMD AMD, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on June 23, 2023. Parties traded 2228 contract(s) at a $111.00 strike. This particular call needed to be split into 67 different trades to become filled. The total cost received by the writing party (or parties) was $229.2K, with a price of $100.0 per contract. There were 542 open contracts at this strike prior to today, and today 6343 contract(s) were bought and sold.

• For AAPL AAPL, we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on June 30, 2023. This event was a transfer of 180 contract(s) at a $187.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $50.9K, with a price of $283.0 per contract. There were 3861 open contracts at this strike prior to today, and today 5880 contract(s) were bought and sold.

• For AI AI, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on June 23, 2023. This event was a transfer of 1000 contract(s) at a $42.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $40.1K, with a price of $40.0 per contract. There were 1396 open contracts at this strike prior to today, and today 3039 contract(s) were bought and sold.

• Regarding ORCL ORCL, we observe a call option sweep with bearish sentiment. It expires in 176 day(s) on December 15, 2023. Parties traded 696 contract(s) at a $125.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $522.0K, with a price of $750.0 per contract. There were 1731 open contracts at this strike prior to today, and today 1620 contract(s) were bought and sold.

• Regarding APPS APPS, we observe a put option trade with bullish sentiment. It expires in 176 day(s) on December 15, 2023. Parties traded 388 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $39.9K, with a price of $103.0 per contract. There were 121 open contracts at this strike prior to today, and today 888 contract(s) were bought and sold.

• For NTNX NTNX, we notice a call option sweep that happens to be bullish, expiring in 211 day(s) on January 19, 2024. This event was a transfer of 261 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 $78.3K, with a price of $300.0 per contract. There were 13122 open contracts at this strike prior to today, and today 861 contract(s) were bought and sold.

• For SMCI SMCI, we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on June 23, 2023. This event was a transfer of 190 contract(s) at a $225.00 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $42.7K, with a price of $225.0 per contract. There were 406 open contracts at this strike prior to today, and today 859 contract(s) were bought and sold.

• For PANW PANW, we notice a put option trade that happens to be neutral, expiring in 29 day(s) on July 21, 2023. This event was a transfer of 500 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $107.5K, with a price of $215.0 per contract. There were 2575 open contracts at this strike prior to today, and today 733 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.

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