10 Communication Services Stocks With Whale Alerts 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 itemized elaborations have been created using the accompanying table.

• Regarding AMC AMC, we observe a put option sweep with bearish sentiment. It expires in 36 day(s) on September 15, 2023. Parties traded 352 contract(s) at a $4.00 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 $36.2K, with a price of $103.0 per contract. There were 331648 open contracts at this strike prior to today, and today 36641 contract(s) were bought and sold.

• For DIS DIS, we notice a call option trade that happens to be bullish, expiring in 36 day(s) on September 15, 2023. This event was a transfer of 800 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $141.6K, with a price of $177.0 per contract. There were 21666 open contracts at this strike prior to today, and today 17716 contract(s) were bought and sold.

• For NFLX NFLX, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on August 11, 2023. This event was a transfer of 200 contract(s) at a $427.50 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $131.0 per contract. There were 1300 open contracts at this strike prior to today, and today 3725 contract(s) were bought and sold.

• Regarding IQ IQ, we observe a call option sweep with bearish sentiment. It expires in 162 day(s) on January 19, 2024. Parties traded 529 contract(s) at a $7.50 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 $26.4K, with a price of $50.0 per contract. There were 17240 open contracts at this strike prior to today, and today 3216 contract(s) were bought and sold.

• For META META, we notice a call option trade that happens to be bullish, expiring in 8 day(s) on August 18, 2023. This event was a transfer of 50 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $1000.0 per contract. There were 10766 open contracts at this strike prior to today, and today 1697 contract(s) were bought and sold.

• Regarding MGNI MGNI, we observe a call option sweep with bearish sentiment. It expires in 162 day(s) on January 19, 2024. Parties traded 597 contract(s) at a $10.00 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 $44.7K, with a price of $75.0 per contract. There were 2923 open contracts at this strike prior to today, and today 1687 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a call option trade with bullish sentiment. It expires in 36 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $63.0K, with a price of $630.0 per contract. There were 2767 open contracts at this strike prior to today, and today 1266 contract(s) were bought and sold.

• For T T, we notice a put option trade that happens to be bearish, expiring in 316 day(s) on June 21, 2024. This event was a transfer of 997 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $170.4K, with a price of $171.0 per contract. There were 14993 open contracts at this strike prior to today, and today 1005 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on August 11, 2023. Parties traded 100 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $50.0K, with a price of $500.0 per contract. There were 1421 open contracts at this strike prior to today, and today 763 contract(s) were bought and sold.

• For SE SE, we notice a put option trade that happens to be bullish, expiring in 36 day(s) on September 15, 2023. This event was a transfer of 55 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $37.4K, with a price of $680.0 per contract. There were 979 open contracts at this strike prior to today, and today 443 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.