9 Communication Services Stocks With Whale Alerts 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 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 Communication Services sector:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• Regarding GOOG GOOG, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on November 24, 2023. Parties traded 384 contract(s) at a $140.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $68.0 per contract. There were 5241 open contracts at this strike prior to today, and today 5915 contract(s) were bought and sold.

• For VZ VZ, we notice a call option sweep that happens to be neutral, expiring in 2 day(s) on November 24, 2023. This event was a transfer of 3865 contract(s) at a $36.00 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 $517.9K, with a price of $134.0 per contract. There were 7395 open contracts at this strike prior to today, and today 4085 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option sweep that happens to be bullish, expiring in 422 day(s) on January 17, 2025. This event was a transfer of 64 contract(s) at a $155.00 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 $85.7K, with a price of $1340.0 per contract. There were 13175 open contracts at this strike prior to today, and today 2093 contract(s) were bought and sold.

• Regarding META META, we observe a put option trade with bearish sentiment. It expires in 9 day(s) on December 1, 2023. Parties traded 80 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $356.0 per contract. There were 1078 open contracts at this strike prior to today, and today 1190 contract(s) were bought and sold.

• Regarding CMCSA CMCSA, we observe a call option trade with bullish sentiment. It expires in 149 day(s) on April 19, 2024. Parties traded 148 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $39.8K, with a price of $269.0 per contract. There were 2000 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.

• Regarding BIDU BIDU, we observe a put option sweep with bearish sentiment. It expires in 422 day(s) on January 17, 2025. Parties traded 48 contract(s) at a $130.00 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 $107.0K, with a price of $2230.0 per contract. There were 356 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option trade that happens to be bearish, expiring in 212 day(s) on June 21, 2024. This event was a transfer of 8 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $59.2K, with a price of $7410.0 per contract. There were 884 open contracts at this strike prior to today, and today 36 contract(s) were bought and sold.

• Regarding MNY MNY, we observe a call option sweep with bullish sentiment. It expires in 58 day(s) on January 19, 2024. Parties traded 1022 contract(s) at a $3.00 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 $25.5K, with a price of $25.0 per contract. There were 182 open contracts at this strike prior to today, and today 24 contract(s) were bought and sold.

• For PARA PARA, we notice a call option sweep that happens to be bearish, expiring in 422 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $7.50 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $741.0 per contract. There were 399 open contracts at this strike prior to today, and today 0 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.