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 |
---|---|---|---|---|---|---|---|---|
MSFT | CALL | SWEEP | BULLISH | 12/22/23 | $380.00 | $28.5K | 8.8K | 11.7K |
NVDA | PUT | SWEEP | BULLISH | 12/22/23 | $497.50 | $45.5K | 303 | 7.0K |
AAPL | CALL | SWEEP | BEARISH | 01/19/24 | $195.00 | $274.1K | 75.9K | 5.3K |
AVGO | CALL | SWEEP | BULLISH | 12/22/23 | $1150.00 | $114.2K | 1.8K | 5.0K |
AYX | CALL | TRADE | BULLISH | 01/17/25 | $47.50 | $31.0K | 0 | 4.4K |
MARA | CALL | TRADE | BEARISH | 12/29/23 | $20.00 | $27.7K | 6.0K | 2.7K |
ADBE | CALL | SWEEP | BULLISH | 12/22/23 | $590.00 | $126.3K | 1.0K | 2.6K |
CIFR | CALL | SWEEP | BEARISH | 01/19/24 | $3.00 | $45.1K | 5.3K | 2.5K |
ORCL | CALL | TRADE | BEARISH | 02/16/24 | $105.00 | $34.8K | 4.0K | 1.5K |
FTNT | CALL | SWEEP | BULLISH | 02/16/24 | $65.00 | $85.5K | 1.4K | 994 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on December 22, 2023. Parties traded 332 contract(s) at a $380.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $86.0 per contract. There were 8874 open contracts at this strike prior to today, and today 11791 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 22, 2023. Parties traded 65 contract(s) at a $497.50 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $45.5K, with a price of $700.0 per contract. There were 303 open contracts at this strike prior to today, and today 7004 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 32 day(s) on January 19, 2024. Parties traded 616 contract(s) at a $195.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $274.1K, with a price of $445.0 per contract. There were 75924 open contracts at this strike prior to today, and today 5319 contract(s) were bought and sold.
• Regarding AVGO AVGO, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on December 22, 2023. Parties traded 72 contract(s) at a $1150.00 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 $114.2K, with a price of $1574.0 per contract. There were 1859 open contracts at this strike prior to today, and today 5053 contract(s) were bought and sold.
• Regarding AYX AYX, we observe a call option trade with bullish sentiment. It expires in 396 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $155.0 per contract. There were 0 open contracts at this strike prior to today, and today 4463 contract(s) were bought and sold.
• For MARA MARA, we notice a call option trade that happens to be bearish, expiring in 11 day(s) on December 29, 2023. This event was a transfer of 250 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $27.7K, with a price of $111.0 per contract. There were 6012 open contracts at this strike prior to today, and today 2799 contract(s) were bought and sold.
• For ADBE ADBE, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on December 22, 2023. This event was a transfer of 108 contract(s) at a $590.00 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 $126.3K, with a price of $1170.0 per contract. There were 1071 open contracts at this strike prior to today, and today 2626 contract(s) were bought and sold.
• Regarding CIFR CIFR, we observe a call option sweep with bearish sentiment. It expires in 32 day(s) on January 19, 2024. Parties traded 1000 contract(s) at a $3.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $45.1K, with a price of $45.0 per contract. There were 5380 open contracts at this strike prior to today, and today 2504 contract(s) were bought and sold.
• Regarding ORCL ORCL, we observe a call option trade with bearish sentiment. It expires in 60 day(s) on February 16, 2024. Parties traded 75 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $34.8K, with a price of $465.0 per contract. There were 4053 open contracts at this strike prior to today, and today 1548 contract(s) were bought and sold.
• For FTNT FTNT, we notice a call option sweep that happens to be bullish, expiring in 60 day(s) on February 16, 2024. This event was a transfer of 778 contract(s) at a $65.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $85.5K, with a price of $110.0 per contract. There were 1489 open contracts at this strike prior to today, and today 994 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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