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.

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 GOOGL GOOGL, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 150 contract(s) at a $136.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $170.0 per contract. There were 10119 open contracts at this strike prior to today, and today 36638 contract(s) were bought and sold.

• Regarding DIS DIS, we observe a put option sweep with bullish sentiment. It expires in 14 day(s) on October 20, 2023. Parties traded 5011 contract(s) at a $75.00 strike. This particular put needed to be split into 61 different trades to become filled. The total cost received by the writing party (or parties) was $45.6K, with a price of $9.0 per contract. There were 36662 open contracts at this strike prior to today, and today 20865 contract(s) were bought and sold.

• For META META, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 103 contract(s) at a $310.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $335.0 per contract. There were 7596 open contracts at this strike prior to today, and today 12813 contract(s) were bought and sold.

• Regarding AMC AMC, we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on October 20, 2023. Parties traded 500 contract(s) at a $10.00 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 $25.5K, with a price of $51.0 per contract. There were 13998 open contracts at this strike prior to today, and today 4883 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option trade that happens to be bullish, expiring in 7 day(s) on October 13, 2023. This event was a transfer of 34 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $740.0 per contract. There were 1870 open contracts at this strike prior to today, and today 2862 contract(s) were bought and sold.

• Regarding VZ VZ, we observe a call option trade with bearish sentiment. It expires in 105 day(s) on January 19, 2024. Parties traded 180 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $203.0 per contract. There were 4215 open contracts at this strike prior to today, and today 1072 contract(s) were bought and sold.

• For T T, we notice a put option sweep that happens to be bullish, expiring in 14 day(s) on October 20, 2023. This event was a transfer of 200 contract(s) at a $16.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $170.0 per contract. There were 7874 open contracts at this strike prior to today, and today 1006 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 42 day(s) on November 17, 2023. Parties traded 250 contract(s) at a $150.00 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 $44.7K, with a price of $179.0 per contract. There were 10405 open contracts at this strike prior to today, and today 924 contract(s) were bought and sold.

• Regarding WBD WBD, we observe a put option trade with bullish sentiment. It expires in 42 day(s) on November 17, 2023. Parties traded 68 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $470.0 per contract. There were 171 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.

• Regarding VOD VOD, we observe a put option sweep with bearish sentiment. It expires in 196 day(s) on April 19, 2024. Parties traded 84 contract(s) at a $14.00 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 $41.5K, with a price of $495.0 per contract. There were 89 open contracts at this strike prior to today, and today 300 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.