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 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 Communication Services sector:

Explanation

These itemized elaborations have been created using the accompanying table.

• For AMC AMC, we notice a put option trade that happens to be bearish, expiring in 10 day(s) on August 25, 2023. This event was a transfer of 189 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $144.0 per contract. There were 142923 open contracts at this strike prior to today, and today 53708 contract(s) were bought and sold.

• For ROKU ROKU, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on August 18, 2023. This event was a transfer of 221 contract(s) at a $85.00 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 $26.4K, with a price of $120.0 per contract. There were 3425 open contracts at this strike prior to today, and today 5408 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option sweep that happens to be bullish, expiring in 94 day(s) on November 17, 2023. This event was a transfer of 52 contract(s) at a $135.00 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 $33.0K, with a price of $635.0 per contract. There were 7356 open contracts at this strike prior to today, and today 4050 contract(s) were bought and sold.

• Regarding T T, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on August 18, 2023. Parties traded 265 contract(s) at a $16.00 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 $48.2K, with a price of $182.0 per contract. There were 11639 open contracts at this strike prior to today, and today 3929 contract(s) were bought and sold.

• For SE SE, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on August 18, 2023. This event was a transfer of 1000 contract(s) at a $44.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $37.0 per contract. There were 0 open contracts at this strike prior to today, and today 3504 contract(s) were bought and sold.

• Regarding META META, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on August 25, 2023. Parties traded 55 contract(s) at a $305.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $35.8K, with a price of $653.0 per contract. There were 1797 open contracts at this strike prior to today, and today 1587 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a put option trade with bearish sentiment. It expires in 31 day(s) on September 15, 2023. Parties traded 1000 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $665.0K, with a price of $665.0 per contract. There were 1377 open contracts at this strike prior to today, and today 1104 contract(s) were bought and sold.

• Regarding NFLX NFLX, we observe a put option trade with bullish sentiment. It expires in 3 day(s) on August 18, 2023. Parties traded 47 contract(s) at a $427.50 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $545.0 per contract. There were 1141 open contracts at this strike prior to today, and today 1078 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a call option sweep with bearish sentiment. It expires in 122 day(s) on December 15, 2023. Parties traded 87 contract(s) at a $90.00 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 $49.1K, with a price of $565.0 per contract. There were 1010 open contracts at this strike prior to today, and today 462 contract(s) were bought and sold.

• For EA EA, we notice a put option trade that happens to be bearish, expiring in 213 day(s) on March 15, 2024. This event was a transfer of 70 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $47.6K, with a price of $680.0 per contract. There were 1505 open contracts at this strike prior to today, and today 351 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.