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.

• Regarding AMC AMC, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on September 1, 2023. Parties traded 253 contract(s) at a $12.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $26.3K, with a price of $104.0 per contract. There were 7164 open contracts at this strike prior to today, and today 4462 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on September 8, 2023. This event was a transfer of 106 contract(s) at a $445.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $43.9K, with a price of $415.0 per contract. There were 1079 open contracts at this strike prior to today, and today 3924 contract(s) were bought and sold.

• For MANU MANU, we notice a call option sweep that happens to be bullish, expiring in 46 day(s) on October 20, 2023. This event was a transfer of 200 contract(s) at a $25.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $225.0 per contract. There were 1044 open contracts at this strike prior to today, and today 2220 contract(s) were bought and sold.

• Regarding PARA PARA, we observe a put option sweep with bullish sentiment. It expires in 501 day(s) on January 17, 2025. Parties traded 98 contract(s) at a $20.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $67.6K, with a price of $690.0 per contract. There were 3553 open contracts at this strike prior to today, and today 1358 contract(s) were bought and sold.

• Regarding META META, we observe a put option trade with bearish sentiment. It expires in 137 day(s) on January 19, 2024. Parties traded 16 contract(s) at a $295.00 strike. The total cost received by the writing party (or parties) was $37.6K, with a price of $2350.0 per contract. There were 2010 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 102 day(s) on December 15, 2023. Parties traded 87 contract(s) at a $140.00 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 $63.7K, with a price of $733.0 per contract. There were 5999 open contracts at this strike prior to today, and today 536 contract(s) were bought and sold.

• For ATVI ATVI, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on October 20, 2023. This event was a transfer of 59 contract(s) at a $70.00 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 $133.9K, with a price of $2270.0 per contract. There were 94 open contracts at this strike prior to today, and today 485 contract(s) were bought and sold.

• Regarding SE SE, we observe a put option trade with neutral sentiment. It expires in 137 day(s) on January 19, 2024. Parties traded 158 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $90.8K, with a price of $575.0 per contract. There were 5804 open contracts at this strike prior to today, and today 299 contract(s) were bought and sold.

• Regarding GOOGL GOOGL, we observe a call option trade with bullish sentiment. It expires in 382 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $74.6K, with a price of $373.0 per contract. There were 2466 open contracts at this strike prior to today, and today 43 contract(s) were bought and sold.

• Regarding ROKU ROKU, we observe a call option trade with neutral sentiment. It expires in 501 day(s) on January 17, 2025. Parties traded 14 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $2328.0 per contract. There were 758 open contracts at this strike prior to today, and today 25 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.