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:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
META | CALL | TRADE | BULLISH | 10/20/23 | $320.00 | $31.5K | 9.4K | 13.4K |
SNAP | CALL | SWEEP | BULLISH | 10/20/23 | $9.00 | $40.0K | 15.9K | 6.8K |
NFLX | PUT | SWEEP | BULLISH | 10/20/23 | $330.00 | $40.5K | 3.6K | 854 |
TDS | CALL | SWEEP | BULLISH | 11/17/23 | $17.50 | $75.0K | 1.1K | 282 |
GOOGL | PUT | SWEEP | BULLISH | 01/19/24 | $130.00 | $33.6K | 13.3K | 241 |
CHTR | PUT | SWEEP | BEARISH | 11/17/23 | $430.00 | $45.5K | 111 | 211 |
GOOG | PUT | TRADE | BEARISH | 06/21/24 | $135.00 | $110.9K | 522 | 142 |
RBLX | PUT | TRADE | BEARISH | 06/21/24 | $35.00 | $26.2K | 716 | 100 |
CMCSA | CALL | SWEEP | BEARISH | 01/17/25 | $40.00 | $55.2K | 2.5K | 1 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding META META, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on October 20, 2023. Parties traded 70 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $451.0 per contract. There were 9461 open contracts at this strike prior to today, and today 13447 contract(s) were bought and sold.
• For SNAP SNAP, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on October 20, 2023. This event was a transfer of 500 contract(s) at a $9.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $80.0 per contract. There were 15984 open contracts at this strike prior to today, and today 6827 contract(s) were bought and sold.
• Regarding NFLX NFLX, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on October 20, 2023. Parties traded 100 contract(s) at a $330.00 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 $40.5K, with a price of $405.0 per contract. There were 3612 open contracts at this strike prior to today, and today 854 contract(s) were bought and sold.
• For TDS TDS, we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on November 17, 2023. This event was a transfer of 250 contract(s) at a $17.50 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 $75.0K, with a price of $300.0 per contract. There were 1122 open contracts at this strike prior to today, and today 282 contract(s) were bought and sold.
• Regarding GOOGL GOOGL, we observe a put option sweep with bullish sentiment. It expires in 95 day(s) on January 19, 2024. Parties traded 83 contract(s) at a $130.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $405.0 per contract. There were 13376 open contracts at this strike prior to today, and today 241 contract(s) were bought and sold.
• For CHTR CHTR, we notice a put option sweep that happens to be bearish, expiring in 32 day(s) on November 17, 2023. This event was a transfer of 50 contract(s) at a $430.00 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 $45.5K, with a price of $910.0 per contract. There were 111 open contracts at this strike prior to today, and today 211 contract(s) were bought and sold.
• For GOOG GOOG, we notice a put option trade that happens to be bearish, expiring in 249 day(s) on June 21, 2024. This event was a transfer of 118 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $110.9K, with a price of $940.0 per contract. There were 522 open contracts at this strike prior to today, and today 142 contract(s) were bought and sold.
• For RBLX RBLX, we notice a put option trade that happens to be bearish, expiring in 249 day(s) on June 21, 2024. This event was a transfer of 32 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $820.0 per contract. There were 716 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.
• For CMCSA CMCSA, we notice a call option sweep that happens to be bearish, expiring in 459 day(s) on January 17, 2025. This event was a transfer of 69 contract(s) at a $40.00 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 $55.2K, with a price of $800.0 per contract. There were 2522 open contracts at this strike prior to today, and today 1 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.
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