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 |
---|---|---|---|---|---|---|---|---|
AAPL | PUT | TRADE | BEARISH | 08/11/23 | $177.50 | $34.8K | 6.8K | 56.6K |
PLTR | CALL | SWEEP | BEARISH | 08/11/23 | $20.00 | $39.1K | 29.7K | 34.9K |
NVDA | CALL | SWEEP | BEARISH | 08/11/23 | $450.00 | $86.8K | 6.1K | 15.6K |
MARA | CALL | SWEEP | BULLISH | 12/19/25 | $15.00 | $234.9K | 858 | 3.9K |
RIOT | CALL | SWEEP | BEARISH | 09/15/23 | $17.00 | $35.4K | 992 | 2.0K |
MSFT | CALL | SWEEP | BULLISH | 09/15/23 | $365.00 | $34.4K | 21.2K | 1.8K |
ZM | CALL | TRADE | NEUTRAL | 02/16/24 | $90.00 | $532.5K | 799 | 1.5K |
AMD | PUT | TRADE | BEARISH | 09/15/23 | $115.00 | $35.1K | 12.1K | 1.0K |
ENPH | PUT | TRADE | BEARISH | 08/11/23 | $133.00 | $28.2K | 138 | 982 |
DDOG | CALL | SWEEP | BULLISH | 09/15/23 | $120.00 | $42.2K | 1.1K | 865 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AAPL AAPL, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on August 11, 2023. Parties traded 200 contract(s) at a $177.50 strike. The total cost received by the writing party (or parties) was $34.8K, with a price of $174.0 per contract. There were 6839 open contracts at this strike prior to today, and today 56603 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on August 11, 2023. This event was a transfer of 782 contract(s) at a $20.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $39.1K, with a price of $50.0 per contract. There were 29709 open contracts at this strike prior to today, and today 34998 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on August 11, 2023. Parties traded 124 contract(s) at a $450.00 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 $86.8K, with a price of $700.0 per contract. There were 6102 open contracts at this strike prior to today, and today 15695 contract(s) were bought and sold.
• For MARA MARA, we notice a call option sweep that happens to be bullish, expiring in 865 day(s) on December 19, 2025. This event was a transfer of 290 contract(s) at a $15.00 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 $234.9K, with a price of $810.0 per contract. There were 858 open contracts at this strike prior to today, and today 3914 contract(s) were bought and sold.
• Regarding RIOT RIOT, we observe a call option sweep with bearish sentiment. It expires in 39 day(s) on September 15, 2023. Parties traded 220 contract(s) at a $17.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $161.0 per contract. There were 992 open contracts at this strike prior to today, and today 2051 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on September 15, 2023. This event was a transfer of 236 contract(s) at a $365.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $34.4K, with a price of $146.0 per contract. There were 21267 open contracts at this strike prior to today, and today 1813 contract(s) were bought and sold.
• For ZM ZM, we notice a call option trade that happens to be neutral, expiring in 193 day(s) on February 16, 2024. This event was a transfer of 1500 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $532.5K, with a price of $355.0 per contract. There were 799 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option trade with bearish sentiment. It expires in 39 day(s) on September 15, 2023. Parties traded 65 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $35.1K, with a price of $540.0 per contract. There were 12177 open contracts at this strike prior to today, and today 1022 contract(s) were bought and sold.
• Regarding ENPH ENPH, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on August 11, 2023. Parties traded 113 contract(s) at a $133.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $250.0 per contract. There were 138 open contracts at this strike prior to today, and today 982 contract(s) were bought and sold.
• For DDOG DDOG, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on September 15, 2023. This event was a transfer of 134 contract(s) at a $120.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $42.2K, with a price of $315.0 per contract. There were 1142 open contracts at this strike prior to today, and today 865 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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