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 |
---|---|---|---|---|---|---|---|---|
AMD | PUT | SWEEP | BEARISH | 12/29/23 | $149.00 | $66.5K | 206 | 13.6K |
MARA | CALL | SWEEP | BEARISH | 01/05/24 | $30.00 | $153.3K | 7.7K | 11.2K |
XRX | PUT | SWEEP | BEARISH | 06/21/24 | $13.00 | $106.7K | 764 | 3.0K |
AAPL | PUT | TRADE | BEARISH | 01/26/24 | $190.00 | $95.5K | 2.6K | 1.8K |
IREN | CALL | TRADE | BEARISH | 08/16/24 | $7.50 | $170.0K | 550 | 1.0K |
CLSK | CALL | TRADE | BULLISH | 02/16/24 | $15.00 | $30.7K | 1.6K | 990 |
MSFT | CALL | SWEEP | BULLISH | 01/12/24 | $375.00 | $43.7K | 2.3K | 809 |
NVDA | CALL | TRADE | BULLISH | 01/19/24 | $480.00 | $26.5K | 9.3K | 766 |
INTC | PUT | SWEEP | BULLISH | 01/17/25 | $45.00 | $28.1K | 8.7K | 647 |
ARM | PUT | SWEEP | BEARISH | 02/16/24 | $80.00 | $86.2K | 122 | 528 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AMD AMD, we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on December 29, 2023. This event was a transfer of 746 contract(s) at a $149.00 strike. This particular put needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $66.5K, with a price of $89.0 per contract. There were 206 open contracts at this strike prior to today, and today 13623 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on January 5, 2024. Parties traded 540 contract(s) at a $30.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $153.3K, with a price of $284.0 per contract. There were 7769 open contracts at this strike prior to today, and today 11269 contract(s) were bought and sold.
• Regarding XRX XRX, we observe a put option sweep with bearish sentiment. It expires in 176 day(s) on June 21, 2024. Parties traded 3051 contract(s) at a $13.00 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $106.7K, with a price of $35.0 per contract. There were 764 open contracts at this strike prior to today, and today 3051 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option trade that happens to be bearish, expiring in 29 day(s) on January 26, 2024. This event was a transfer of 500 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $95.5K, with a price of $191.0 per contract. There were 2610 open contracts at this strike prior to today, and today 1846 contract(s) were bought and sold.
• Regarding IREN IREN, we observe a call option trade with bearish sentiment. It expires in 232 day(s) on August 16, 2024. Parties traded 500 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $170.0K, with a price of $340.0 per contract. There were 550 open contracts at this strike prior to today, and today 1009 contract(s) were bought and sold.
• For CLSK CLSK, we notice a call option trade that happens to be bullish, expiring in 50 day(s) on February 16, 2024. This event was a transfer of 150 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $30.7K, with a price of $205.0 per contract. There were 1690 open contracts at this strike prior to today, and today 990 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option sweep that happens to be bullish, expiring in 15 day(s) on January 12, 2024. This event was a transfer of 70 contract(s) at a $375.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $43.7K, with a price of $625.0 per contract. There were 2372 open contracts at this strike prior to today, and today 809 contract(s) were bought and sold.
• For NVDA NVDA, we notice a call option trade that happens to be bullish, expiring in 22 day(s) on January 19, 2024. This event was a transfer of 10 contract(s) at a $480.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $2650.0 per contract. There were 9366 open contracts at this strike prior to today, and today 766 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option sweep with bullish sentiment. It expires in 386 day(s) on January 17, 2025. Parties traded 67 contract(s) at a $45.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $420.0 per contract. There were 8739 open contracts at this strike prior to today, and today 647 contract(s) were bought and sold.
• Regarding ARM ARM, we observe a put option sweep with bearish sentiment. It expires in 50 day(s) on February 16, 2024. Parties traded 112 contract(s) at a $80.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $86.2K, with a price of $770.0 per contract. There were 122 open contracts at this strike prior to today, and today 528 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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