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.
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 |
---|---|---|---|---|---|---|---|---|
NVDA | PUT | SWEEP | BEARISH | 09/22/23 | $415.00 | $31.0K | 10.4K | 106.1K |
AAPL | CALL | SWEEP | BEARISH | 10/20/23 | $180.00 | $60.7K | 56.8K | 6.4K |
AMD | PUT | SWEEP | BULLISH | 09/29/23 | $96.00 | $33.8K | 2.4K | 5.3K |
SOUN | CALL | TRADE | BEARISH | 01/19/24 | $2.00 | $32.0K | 6.0K | 1.0K |
IONQ | CALL | SWEEP | BULLISH | 11/17/23 | $15.00 | $96.0K | 164 | 710 |
CRM | CALL | SWEEP | BEARISH | 10/27/23 | $220.00 | $42.0K | 37 | 526 |
DDOG | PUT | TRADE | BULLISH | 09/22/23 | $92.00 | $40.0K | 916 | 248 |
MSFT | CALL | TRADE | BEARISH | 01/19/24 | $340.00 | $27.5K | 20.7K | 198 |
FSLR | CALL | SWEEP | BULLISH | 10/20/23 | $180.00 | $29.4K | 647 | 126 |
PI | PUT | SWEEP | BULLISH | 10/20/23 | $55.00 | $42.9K | 303 | 120 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 310 contract(s) at a $415.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $100.0 per contract. There were 10433 open contracts at this strike prior to today, and today 106183 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on October 20, 2023. Parties traded 250 contract(s) at a $180.00 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 $60.7K, with a price of $243.0 per contract. There were 56879 open contracts at this strike prior to today, and today 6452 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on September 29, 2023. Parties traded 200 contract(s) at a $96.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $169.0 per contract. There were 2476 open contracts at this strike prior to today, and today 5365 contract(s) were bought and sold.
• For SOUN SOUN, we notice a call option trade that happens to be bearish, expiring in 119 day(s) on January 19, 2024. This event was a transfer of 800 contract(s) at a $2.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $40.0 per contract. There were 6047 open contracts at this strike prior to today, and today 1096 contract(s) were bought and sold.
• For IONQ IONQ, we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on November 17, 2023. This event was a transfer of 600 contract(s) at a $15.00 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 $96.0K, with a price of $160.0 per contract. There were 164 open contracts at this strike prior to today, and today 710 contract(s) were bought and sold.
• Regarding CRM CRM, we observe a call option sweep with bearish sentiment. It expires in 35 day(s) on October 27, 2023. Parties traded 211 contract(s) at a $220.00 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 $42.0K, with a price of $200.0 per contract. There were 37 open contracts at this strike prior to today, and today 526 contract(s) were bought and sold.
• For DDOG DDOG, we notice a put option trade that happens to be bullish, is expiring today. Parties traded 160 contract(s) at a $92.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $250.0 per contract. There were 916 open contracts at this strike prior to today, and today 248 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bearish sentiment. It expires in 119 day(s) on January 19, 2024. Parties traded 25 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $1102.0 per contract. There were 20748 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold.
• For FSLR FSLR, we notice a call option sweep that happens to be bullish, expiring in 28 day(s) on October 20, 2023. This event was a transfer of 147 contract(s) at a $180.00 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 $29.4K, with a price of $200.0 per contract. There were 647 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold.
• For PI PI, we notice a put option sweep that happens to be bullish, expiring in 28 day(s) on October 20, 2023. This event was a transfer of 110 contract(s) at a $55.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $42.9K, with a price of $390.0 per contract. There were 303 open contracts at this strike prior to today, and today 120 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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