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 Information Technology sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | TRADE | BEARISH | 03/08/24 | $900.00 | $33.6K | 14.8K | 58.5K |
AMD | PUT | SWEEP | BULLISH | 03/08/24 | $205.00 | $48.0K | 3.1K | 23.3K |
AAPL | PUT | TRADE | NEUTRAL | 04/19/24 | $160.00 | $42.9K | 17.5K | 9.1K |
INTC | CALL | SWEEP | BULLISH | 03/15/24 | $47.00 | $64.3K | 15.5K | 8.5K |
MSFT | PUT | TRADE | BULLISH | 03/08/24 | $402.50 | $107.5K | 3.1K | 5.7K |
CRWD | PUT | TRADE | BULLISH | 03/08/24 | $340.00 | $25.0K | 91 | 3.7K |
MRVL | CALL | SWEEP | BEARISH | 03/08/24 | $80.00 | $64.5K | 5.7K | 3.0K |
MARA | CALL | SWEEP | BEARISH | 03/15/24 | $23.50 | $200.0K | 1.4K | 2.9K |
HPQ | CALL | SWEEP | NEUTRAL | 06/21/24 | $32.00 | $39.3K | 6.6K | 2.1K |
PLTR | CALL | TRADE | BEARISH | 03/15/24 | $22.00 | $42.7K | 26.9K | 1.2K |
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 bearish, expiring in 2 day(s) on March 8, 2024. This event was a transfer of 33 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $1021.0 per contract. There were 14801 open contracts at this strike prior to today, and today 58547 contract(s) were bought and sold.
• For AMD AMD, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on March 8, 2024. This event was a transfer of 300 contract(s) at a $205.00 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 $48.0K, with a price of $160.0 per contract. There were 3197 open contracts at this strike prior to today, and today 23302 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option trade that happens to be neutral, expiring in 44 day(s) on April 19, 2024. This event was a transfer of 300 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $42.9K, with a price of $143.0 per contract. There were 17584 open contracts at this strike prior to today, and today 9168 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on March 15, 2024. Parties traded 975 contract(s) at a $47.00 strike. This particular call needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $64.3K, with a price of $66.0 per contract. There were 15575 open contracts at this strike prior to today, and today 8524 contract(s) were bought and sold.
• For MSFT MSFT, we notice a put option trade that happens to be bullish, expiring in 2 day(s) on March 8, 2024. This event was a transfer of 500 contract(s) at a $402.50 strike. The total cost received by the writing party (or parties) was $107.5K, with a price of $215.0 per contract. There were 3182 open contracts at this strike prior to today, and today 5793 contract(s) were bought and sold.
• For CRWD CRWD, we notice a put option trade that happens to be bullish, expiring in 2 day(s) on March 8, 2024. This event was a transfer of 25 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $1000.0 per contract. There were 91 open contracts at this strike prior to today, and today 3741 contract(s) were bought and sold.
• Regarding MRVL MRVL, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on March 8, 2024. Parties traded 100 contract(s) at a $80.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $64.5K, with a price of $645.0 per contract. There were 5738 open contracts at this strike prior to today, and today 3054 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on March 15, 2024. Parties traded 1000 contract(s) at a $23.50 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 $200.0K, with a price of $200.0 per contract. There were 1416 open contracts at this strike prior to today, and today 2985 contract(s) were bought and sold.
• Regarding HPQ HPQ, we observe a call option sweep with neutral sentiment. It expires in 107 day(s) on June 21, 2024. Parties traded 313 contract(s) at a $32.00 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 $39.3K, with a price of $126.0 per contract. There were 6685 open contracts at this strike prior to today, and today 2106 contract(s) were bought and sold.
• For PLTR PLTR, we notice a call option trade that happens to be bearish, expiring in 9 day(s) on March 15, 2024. This event was a transfer of 96 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $42.7K, with a price of $445.0 per contract. There were 26987 open contracts at this strike prior to today, and today 1259 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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