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 |
---|---|---|---|---|---|---|---|---|
NVDA | CALL | TRADE | BEARISH | 03/08/24 | $920.00 | $61.5K | 7.1K | 51.1K |
MU | CALL | SWEEP | BEARISH | 03/22/24 | $100.00 | $26.5K | 6.3K | 4.0K |
SMCI | CALL | SWEEP | BEARISH | 03/08/24 | $1150.00 | $89.1K | 1.7K | 2.6K |
DELL | CALL | TRADE | BEARISH | 03/22/24 | $130.00 | $97.5K | 152 | 1.8K |
AVGO | CALL | TRADE | BULLISH | 04/19/24 | $1400.00 | $99.0K | 727 | 1.6K |
AAPL | PUT | SWEEP | BEARISH | 03/22/24 | $170.00 | $47.5K | 8.3K | 1.4K |
PANW | PUT | SWEEP | BEARISH | 03/15/24 | $330.00 | $92.1K | 2.3K | 1.3K |
ACMR | CALL | SWEEP | BULLISH | 08/16/24 | $40.00 | $54.1K | 45 | 1.1K |
CRWD | PUT | TRADE | BEARISH | 03/15/24 | $320.00 | $36.3K | 1.3K | 1.1K |
NOW | CALL | TRADE | BULLISH | 03/08/24 | $780.00 | $58.4K | 681 | 1.0K |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on March 8, 2024. Parties traded 50 contract(s) at a $920.00 strike. The total cost received by the writing party (or parties) was $61.5K, with a price of $1230.0 per contract. There were 7199 open contracts at this strike prior to today, and today 51171 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on March 22, 2024. Parties traded 50 contract(s) at a $100.00 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 $26.5K, with a price of $530.0 per contract. There were 6335 open contracts at this strike prior to today, and today 4073 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on March 8, 2024. Parties traded 30 contract(s) at a $1150.00 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 $89.1K, with a price of $2970.0 per contract. There were 1739 open contracts at this strike prior to today, and today 2638 contract(s) were bought and sold.
• Regarding DELL DELL, we observe a call option trade with bearish sentiment. It expires in 15 day(s) on March 22, 2024. Parties traded 500 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $97.5K, with a price of $195.0 per contract. There were 152 open contracts at this strike prior to today, and today 1823 contract(s) were bought and sold.
• Regarding AVGO AVGO, we observe a call option trade with bullish sentiment. It expires in 43 day(s) on April 19, 2024. Parties traded 10 contract(s) at a $1400.00 strike. The total cost received by the writing party (or parties) was $99.0K, with a price of $9900.0 per contract. There were 727 open contracts at this strike prior to today, and today 1650 contract(s) were bought and sold.
• For AAPL AAPL, we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on March 22, 2024. This event was a transfer of 134 contract(s) at a $170.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $47.5K, with a price of $355.0 per contract. There were 8307 open contracts at this strike prior to today, and today 1473 contract(s) were bought and sold.
• Regarding PANW PANW, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on March 15, 2024. Parties traded 20 contract(s) at a $330.00 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 $92.1K, with a price of $4422.0 per contract. There were 2366 open contracts at this strike prior to today, and today 1355 contract(s) were bought and sold.
• For ACMR ACMR, we notice a call option sweep that happens to be bullish, expiring in 162 day(s) on August 16, 2024. This event was a transfer of 132 contract(s) at a $40.00 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 $54.1K, with a price of $410.0 per contract. There were 45 open contracts at this strike prior to today, and today 1175 contract(s) were bought and sold.
• For CRWD CRWD, we notice a put option trade that happens to be bearish, expiring in 8 day(s) on March 15, 2024. This event was a transfer of 39 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $36.3K, with a price of $933.0 per contract. There were 1380 open contracts at this strike prior to today, and today 1102 contract(s) were bought and sold.
• Regarding NOW NOW, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on March 8, 2024. Parties traded 292 contract(s) at a $780.00 strike. The total cost received by the writing party (or parties) was $58.4K, with a price of $200.0 per contract. There were 681 open contracts at this strike prior to today, and today 1054 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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