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 | SWEEP | BULLISH | 09/01/23 | $190.00 | $25.5K | 4.7K | 19.3K |
NVDA | CALL | SWEEP | BULLISH | 09/08/23 | $495.00 | $52.5K | 2.9K | 11.0K |
AMD | CALL | TRADE | BEARISH | 09/15/23 | $120.00 | $147.4K | 25.9K | 4.8K |
MSFT | PUT | TRADE | NEUTRAL | 09/08/23 | $325.00 | $60.2K | 6.1K | 4.5K |
INTC | CALL | SWEEP | BULLISH | 09/15/23 | $35.00 | $35.4K | 35.5K | 4.3K |
MARA | PUT | SWEEP | BEARISH | 09/22/23 | $12.50 | $26.0K | 1.8K | 2.7K |
DELL | CALL | SWEEP | BEARISH | 10/20/23 | $70.00 | $62.7K | 151 | 2.2K |
TSM | PUT | SWEEP | BULLISH | 06/21/24 | $95.00 | $47.0K | 2.0K | 1.7K |
IREN | CALL | TRADE | BEARISH | 02/16/24 | $7.50 | $54.9K | 4.2K | 1.0K |
ENPH | PUT | SWEEP | BULLISH | 09/08/23 | $125.00 | $26.6K | 334 | 507 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 250 contract(s) at a $190.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $102.0 per contract. There were 4725 open contracts at this strike prior to today, and today 19358 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on September 8, 2023. Parties traded 101 contract(s) at a $495.00 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 $52.5K, with a price of $520.0 per contract. There were 2958 open contracts at this strike prior to today, and today 11094 contract(s) were bought and sold.
• For AMD AMD, we notice a call option trade that happens to be bearish, expiring in 14 day(s) on September 15, 2023. This event was a transfer of 3350 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $147.4K, with a price of $44.0 per contract. There were 25970 open contracts at this strike prior to today, and today 4888 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option trade with neutral sentiment. It expires in 7 day(s) on September 8, 2023. Parties traded 300 contract(s) at a $325.00 strike. The total cost received by the writing party (or parties) was $60.2K, with a price of $201.0 per contract. There were 6132 open contracts at this strike prior to today, and today 4568 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on September 15, 2023. Parties traded 200 contract(s) at a $35.00 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 $35.4K, with a price of $177.0 per contract. There were 35551 open contracts at this strike prior to today, and today 4334 contract(s) were bought and sold.
• For MARA MARA, we notice a put option sweep that happens to be bearish, expiring in 21 day(s) on September 22, 2023. This event was a transfer of 200 contract(s) at a $12.50 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 $26.0K, with a price of $130.0 per contract. There were 1809 open contracts at this strike prior to today, and today 2797 contract(s) were bought and sold.
• For DELL DELL, we notice a call option sweep that happens to be bearish, expiring in 49 day(s) on October 20, 2023. This event was a transfer of 251 contract(s) at a $70.00 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 $62.7K, with a price of $250.0 per contract. There were 151 open contracts at this strike prior to today, and today 2217 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a put option sweep with bullish sentiment. It expires in 294 day(s) on June 21, 2024. Parties traded 50 contract(s) at a $95.00 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 $47.0K, with a price of $941.0 per contract. There were 2022 open contracts at this strike prior to today, and today 1702 contract(s) were bought and sold.
• Regarding IREN IREN, we observe a call option trade with bearish sentiment. It expires in 168 day(s) on February 16, 2024. Parties traded 999 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $54.9K, with a price of $55.0 per contract. There were 4267 open contracts at this strike prior to today, and today 1026 contract(s) were bought and sold.
• For ENPH ENPH, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on September 8, 2023. This event was a transfer of 240 contract(s) at a $125.00 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 $26.6K, with a price of $111.0 per contract. There were 334 open contracts at this strike prior to today, and today 507 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.
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