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.
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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | TRADE | BULLISH | 12/22/23 | $500.00 | $50.5K | 20.5K | 55.2K |
MARA | CALL | SWEEP | BEARISH | 03/15/24 | $40.00 | $66.7K | 897 | 17.8K |
TSM | CALL | SWEEP | BULLISH | 03/15/24 | $105.00 | $45.0K | 27.9K | 7.7K |
PLTR | CALL | SWEEP | BEARISH | 12/22/23 | $17.50 | $41.8K | 4.5K | 7.6K |
MSFT | CALL | TRADE | BULLISH | 04/19/24 | $350.00 | $67.9K | 733 | 2.1K |
AMBA | PUT | SWEEP | BULLISH | 02/16/24 | $70.00 | $34.8K | 2.6K | 597 |
AAPL | CALL | SWEEP | BEARISH | 01/19/24 | $190.00 | $34.0K | 74.3K | 568 |
CRM | PUT | TRADE | BULLISH | 06/21/24 | $260.00 | $35.4K | 785 | 313 |
QCOM | CALL | SWEEP | BULLISH | 02/16/24 | $145.00 | $42.9K | 2.7K | 253 |
MDB | PUT | SWEEP | BULLISH | 12/29/23 | $395.00 | $57.0K | 361 | 208 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on December 22, 2023. This event was a transfer of 133 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $50.5K, with a price of $380.0 per contract. There were 20568 open contracts at this strike prior to today, and today 55249 contract(s) were bought and sold.
• For MARA MARA, we notice a call option sweep that happens to be bearish, expiring in 86 day(s) on March 15, 2024. This event was a transfer of 267 contract(s) at a $40.00 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 $66.7K, with a price of $250.0 per contract. There were 897 open contracts at this strike prior to today, and today 17862 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a call option sweep with bullish sentiment. It expires in 86 day(s) on March 15, 2024. Parties traded 91 contract(s) at a $105.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $495.0 per contract. There were 27978 open contracts at this strike prior to today, and today 7730 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on December 22, 2023. This event was a transfer of 996 contract(s) at a $17.50 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $41.8K, with a price of $42.0 per contract. There were 4532 open contracts at this strike prior to today, and today 7613 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option trade with bullish sentiment. It expires in 121 day(s) on April 19, 2024. Parties traded 17 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $67.9K, with a price of $3995.0 per contract. There were 733 open contracts at this strike prior to today, and today 2168 contract(s) were bought and sold.
• For AMBA AMBA, we notice a put option sweep that happens to be bullish, expiring in 58 day(s) on February 16, 2024. This event was a transfer of 43 contract(s) at a $70.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $34.8K, with a price of $810.0 per contract. There were 2691 open contracts at this strike prior to today, and today 597 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 30 day(s) on January 19, 2024. Parties traded 36 contract(s) at a $190.00 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 $34.0K, with a price of $945.0 per contract. There were 74342 open contracts at this strike prior to today, and today 568 contract(s) were bought and sold.
• Regarding CRM CRM, we observe a put option trade with bullish sentiment. It expires in 184 day(s) on June 21, 2024. Parties traded 22 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $35.4K, with a price of $1610.0 per contract. There were 785 open contracts at this strike prior to today, and today 313 contract(s) were bought and sold.
• Regarding QCOM QCOM, we observe a call option sweep with bullish sentiment. It expires in 58 day(s) on February 16, 2024. Parties traded 71 contract(s) at a $145.00 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 $42.9K, with a price of $605.0 per contract. There were 2710 open contracts at this strike prior to today, and today 253 contract(s) were bought and sold.
• For MDB MDB, we notice a put option sweep that happens to be bullish, expiring in 9 day(s) on December 29, 2023. This event was a transfer of 200 contract(s) at a $395.00 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 $57.0K, with a price of $285.0 per contract. There were 361 open contracts at this strike prior to today, and today 208 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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