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 | SWEEP | BULLISH | 03/22/24 | $900.00 | $26.9K | 14.9K | 47.1K |
AMD | CALL | SWEEP | BULLISH | 03/22/24 | $182.50 | $36.0K | 1.1K | 23.2K |
SMCI | CALL | SWEEP | BULLISH | 03/22/24 | $1000.00 | $40.2K | 1.0K | 6.6K |
MSFT | CALL | SWEEP | BEARISH | 03/28/24 | $420.00 | $50.9K | 4.9K | 6.0K |
CLSK | CALL | SWEEP | BEARISH | 03/22/24 | $19.00 | $52.0K | 2.6K | 2.9K |
DELL | CALL | SWEEP | NEUTRAL | 03/28/24 | $115.00 | $26.4K | 969 | 2.5K |
MU | CALL | SWEEP | BEARISH | 07/19/24 | $70.00 | $774.7K | 1.5K | 1.5K |
MSTR | PUT | SWEEP | BEARISH | 03/22/24 | $1200.00 | $25.6K | 909 | 1.4K |
ARM | CALL | SWEEP | NEUTRAL | 04/19/24 | $150.00 | $37.0K | 5.0K | 1.0K |
MARA | CALL | SWEEP | BEARISH | 06/21/24 | $20.00 | $52.8K | 7.8K | 634 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA NVDA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on March 22, 2024. Parties traded 15 contract(s) at a $900.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $1788.0 per contract. There were 14909 open contracts at this strike prior to today, and today 47169 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on March 22, 2024. This event was a transfer of 100 contract(s) at a $182.50 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $36.0K, with a price of $360.0 per contract. There were 1151 open contracts at this strike prior to today, and today 23221 contract(s) were bought and sold.
• For SMCI SMCI, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on March 22, 2024. This event was a transfer of 67 contract(s) at a $1000.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $40.2K, with a price of $600.0 per contract. There were 1024 open contracts at this strike prior to today, and today 6603 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 9 day(s) on March 28, 2024. Parties traded 80 contract(s) at a $420.00 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 $50.9K, with a price of $638.0 per contract. There were 4917 open contracts at this strike prior to today, and today 6027 contract(s) were bought and sold.
• For CLSK CLSK, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on March 22, 2024. This event was a transfer of 2000 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 $52.0K, with a price of $26.0 per contract. There were 2697 open contracts at this strike prior to today, and today 2994 contract(s) were bought and sold.
• Regarding DELL DELL, we observe a call option sweep with neutral sentiment. It expires in 9 day(s) on March 28, 2024. Parties traded 375 contract(s) at a $115.00 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 $26.4K, with a price of $70.0 per contract. There were 969 open contracts at this strike prior to today, and today 2574 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option sweep with bearish sentiment. It expires in 122 day(s) on July 19, 2024. Parties traded 294 contract(s) at a $70.00 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 $774.7K, with a price of $2635.0 per contract. There were 1544 open contracts at this strike prior to today, and today 1506 contract(s) were bought and sold.
• For MSTR MSTR, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on March 22, 2024. This event was a transfer of 19 contract(s) at a $1200.00 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 $25.6K, with a price of $1350.0 per contract. There were 909 open contracts at this strike prior to today, and today 1458 contract(s) were bought and sold.
• For ARM ARM, we notice a call option sweep that happens to be neutral, expiring in 31 day(s) on April 19, 2024. This event was a transfer of 114 contract(s) at a $150.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $325.0 per contract. There were 5056 open contracts at this strike prior to today, and today 1081 contract(s) were bought and sold.
• For MARA MARA, we notice a call option sweep that happens to be bearish, expiring in 94 day(s) on June 21, 2024. This event was a transfer of 114 contract(s) at a $20.00 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 $52.8K, with a price of $464.0 per contract. There were 7849 open contracts at this strike prior to today, and today 634 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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