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.

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.

• For AMC AMC, we notice a put option sweep that happens to be bullish, expiring in 84 day(s) on September 15, 2023. This event was a transfer of 300 contract(s) at a $3.00 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 $29.1K, with a price of $97.0 per contract. There were 111400 open contracts at this strike prior to today, and today 6849 contract(s) were bought and sold.

• For META META, we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on June 30, 2023. This event was a transfer of 161 contract(s) at a $300.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $185.0 per contract. There were 6327 open contracts at this strike prior to today, and today 5262 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on June 30, 2023. Parties traded 502 contract(s) at a $124.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $56.2K, with a price of $112.0 per contract. There were 2547 open contracts at this strike prior to today, and today 3608 contract(s) were bought and sold.

• Regarding MANU MANU, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on June 30, 2023. Parties traded 174 contract(s) at a $24.00 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 $28.5K, with a price of $161.0 per contract. There were 95 open contracts at this strike prior to today, and today 2785 contract(s) were bought and sold.

• For NFLX NFLX, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $425.00 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 $30.0K, with a price of $300.0 per contract. There were 2240 open contracts at this strike prior to today, and today 2730 contract(s) were bought and sold.

• For GOOG GOOG, we notice a call option sweep that happens to be bearish, expiring in 364 day(s) on June 21, 2024. This event was a transfer of 20 contract(s) at a $97.00 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 $69.8K, with a price of $3490.0 per contract. There were 773 open contracts at this strike prior to today, and today 685 contract(s) were bought and sold.

• For SIRI SIRI, we notice a put option sweep that happens to be bearish, expiring in 84 day(s) on September 15, 2023. This event was a transfer of 249 contract(s) at a $8.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $112.0K, with a price of $450.0 per contract. There were 1300 open contracts at this strike prior to today, and today 600 contract(s) were bought and sold.

• Regarding TMUS TMUS, we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on July 21, 2023. Parties traded 251 contract(s) at a $130.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $131.7K, with a price of $525.0 per contract. There were 13598 open contracts at this strike prior to today, and today 508 contract(s) were bought and sold.

• Regarding ATVI ATVI, we observe a call option trade with bullish sentiment. It expires in 56 day(s) on August 18, 2023. Parties traded 150 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $71.2K, with a price of $475.0 per contract. There were 2915 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.

• For ROKU ROKU, we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on July 14, 2023. This event was a transfer of 165 contract(s) at a $63.00 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 $47.5K, with a price of $288.0 per contract. There were 16 open contracts at this strike prior to today, and today 363 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.