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 | BULLISH | 02/02/24 | $162.50 | $29.8K | 6.4K | 29.4K |
AAPL | PUT | SWEEP | BULLISH | 02/02/24 | $185.00 | $33.5K | 18.6K | 13.9K |
NVDA | CALL | SWEEP | BEARISH | 02/02/24 | $625.00 | $28.8K | 5.7K | 12.3K |
MARA | CALL | SWEEP | BULLISH | 02/02/24 | $19.00 | $29.6K | 13.2K | 9.0K |
CIFR | PUT | SWEEP | BULLISH | 06/21/24 | $2.50 | $204.7K | 3.5K | 3.4K |
QCOM | PUT | SWEEP | BEARISH | 02/02/24 | $145.00 | $267.6K | 1.4K | 3.3K |
STM | PUT | SWEEP | BEARISH | 02/16/24 | $45.00 | $216.0K | 904 | 1.4K |
EXTR | CALL | SWEEP | BULLISH | 06/21/24 | $16.00 | $85.1K | 19 | 1.0K |
WOLF | PUT | SWEEP | BULLISH | 02/16/24 | $30.00 | $44.6K | 8.7K | 824 |
SMCI | PUT | TRADE | BEARISH | 03/15/24 | $520.00 | $419.4K | 877 | 801 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AMD AMD, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 2, 2024. Parties traded 314 contract(s) at a $162.50 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $95.0 per contract. There were 6437 open contracts at this strike prior to today, and today 29448 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 2, 2024. Parties traded 110 contract(s) at a $185.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.5K, with a price of $305.0 per contract. There were 18685 open contracts at this strike prior to today, and today 13998 contract(s) were bought and sold.
• Regarding NVDA NVDA, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on February 2, 2024. Parties traded 60 contract(s) at a $625.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $28.8K, with a price of $480.0 per contract. There were 5733 open contracts at this strike prior to today, and today 12376 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on February 2, 2024. Parties traded 400 contract(s) at a $19.00 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 $29.6K, with a price of $74.0 per contract. There were 13265 open contracts at this strike prior to today, and today 9043 contract(s) were bought and sold.
• For CIFR CIFR, we notice a put option sweep that happens to be bullish, expiring in 142 day(s) on June 21, 2024. This event was a transfer of 3412 contract(s) at a $2.50 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 $204.7K, with a price of $60.0 per contract. There were 3538 open contracts at this strike prior to today, and today 3425 contract(s) were bought and sold.
• For QCOM QCOM, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on February 2, 2024. This event was a transfer of 923 contract(s) at a $145.00 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 $267.6K, with a price of $290.0 per contract. There were 1401 open contracts at this strike prior to today, and today 3380 contract(s) were bought and sold.
• Regarding STM STM, we observe a put option sweep with bearish sentiment. It expires in 16 day(s) on February 16, 2024. Parties traded 1490 contract(s) at a $45.00 strike. This particular put needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $216.0K, with a price of $145.0 per contract. There were 904 open contracts at this strike prior to today, and today 1490 contract(s) were bought and sold.
• Regarding EXTR EXTR, we observe a call option sweep with bullish sentiment. It expires in 142 day(s) on June 21, 2024. Parties traded 1064 contract(s) at a $16.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $85.1K, with a price of $80.0 per contract. There were 19 open contracts at this strike prior to today, and today 1065 contract(s) were bought and sold.
• Regarding WOLF WOLF, we observe a put option sweep with bullish sentiment. It expires in 16 day(s) on February 16, 2024. Parties traded 288 contract(s) at a $30.00 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 $44.6K, with a price of $155.0 per contract. There were 8750 open contracts at this strike prior to today, and today 824 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a put option trade with bearish sentiment. It expires in 44 day(s) on March 15, 2024. Parties traded 107 contract(s) at a $520.00 strike. The total cost received by the writing party (or parties) was $419.4K, with a price of $3920.0 per contract. There were 877 open contracts at this strike prior to today, and today 801 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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