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 |
---|---|---|---|---|---|---|---|---|
AMD | CALL | SWEEP | BULLISH | 06/23/23 | $110.00 | $27.9K | 3.8K | 91.0K |
NVDA | CALL | TRADE | BULLISH | 06/30/23 | $430.00 | $47.9K | 8.2K | 13.9K |
INTC | PUT | SWEEP | BEARISH | 06/30/23 | $33.00 | $46.5K | 4.4K | 3.8K |
AAPL | PUT | SWEEP | BEARISH | 07/14/23 | $185.00 | $29.2K | 3.1K | 1.2K |
IONQ | CALL | TRADE | BEARISH | 07/28/23 | $13.00 | $29.7K | 12 | 1.0K |
AI | CALL | SWEEP | BULLISH | 08/18/23 | $55.00 | $29.4K | 5.3K | 857 |
IOT | CALL | SWEEP | BEARISH | 08/18/23 | $30.00 | $28.7K | 568 | 501 |
YOU | CALL | SWEEP | BEARISH | 11/17/23 | $24.80 | $38.2K | 71 | 460 |
FSLR | CALL | SWEEP | BEARISH | 06/30/23 | $192.50 | $38.0K | 68 | 346 |
MSFT | CALL | SWEEP | NEUTRAL | 08/18/23 | $360.00 | $57.0K | 12.9K | 263 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AMD AMD, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 600 contract(s) at a $110.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $46.0 per contract. There were 3895 open contracts at this strike prior to today, and today 91084 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option trade with bullish sentiment. It expires in 7 day(s) on June 30, 2023. Parties traded 60 contract(s) at a $430.00 strike. The total cost received by the writing party (or parties) was $47.9K, with a price of $799.0 per contract. There were 8217 open contracts at this strike prior to today, and today 13913 contract(s) were bought and sold.
• For INTC INTC, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on June 30, 2023. This event was a transfer of 750 contract(s) at a $33.00 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 $46.5K, with a price of $62.0 per contract. There were 4475 open contracts at this strike prior to today, and today 3847 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option sweep with bearish sentiment. It expires in 21 day(s) on July 14, 2023. Parties traded 150 contract(s) at a $185.00 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 $29.2K, with a price of $195.0 per contract. There were 3168 open contracts at this strike prior to today, and today 1234 contract(s) were bought and sold.
• For IONQ IONQ, we notice a call option trade that happens to be bearish, expiring in 35 day(s) on July 28, 2023. This event was a transfer of 993 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $29.7K, with a price of $30.0 per contract. There were 12 open contracts at this strike prior to today, and today 1001 contract(s) were bought and sold.
• Regarding AI AI, we observe a call option sweep with bullish sentiment. It expires in 56 day(s) on August 18, 2023. Parties traded 214 contract(s) at a $55.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $138.0 per contract. There were 5377 open contracts at this strike prior to today, and today 857 contract(s) were bought and sold.
• For IOT IOT, we notice a call option sweep that happens to be bearish, expiring in 56 day(s) on August 18, 2023. This event was a transfer of 250 contract(s) at a $30.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $115.0 per contract. There were 568 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• For YOU YOU, we notice a call option sweep that happens to be bearish, expiring in 147 day(s) on November 17, 2023. This event was a transfer of 182 contract(s) at a $24.80 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $210.0 per contract. There were 71 open contracts at this strike prior to today, and today 460 contract(s) were bought and sold.
• For FSLR FSLR, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on June 30, 2023. This event was a transfer of 211 contract(s) at a $192.50 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 $38.0K, with a price of $180.0 per contract. There were 68 open contracts at this strike prior to today, and today 346 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with neutral sentiment. It expires in 56 day(s) on August 18, 2023. Parties traded 100 contract(s) at a $360.00 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 $57.0K, with a price of $570.0 per contract. There were 12960 open contracts at this strike prior to today, and today 263 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.