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 | PUT | SWEEP | BULLISH | 04/05/24 | $905.00 | $90.0K | 3.7K | 12.6K |
ARM | CALL | SWEEP | BULLISH | 01/16/26 | $77.50 | $1.9 million | 16.7K | 12.0K |
MSTR | PUT | TRADE | BULLISH | 03/28/24 | $1700.00 | $66.0K | 394 | 5.0K |
MSFT | CALL | SWEEP | BEARISH | 04/05/24 | $425.00 | $26.2K | 4.0K | 3.4K |
INTC | CALL | SWEEP | BEARISH | 05/17/24 | $47.00 | $79.7K | 23.1K | 1.3K |
PLTR | CALL | TRADE | BULLISH | 01/16/26 | $37.00 | $87.6K | 5.7K | 940 |
MU | CALL | TRADE | BEARISH | 06/21/24 | $120.00 | $85.3K | 11.7K | 849 |
DV | CALL | TRADE | BEARISH | 08/16/24 | $40.00 | $97.5K | 36 | 501 |
NOW | PUT | SWEEP | BULLISH | 01/17/25 | $650.00 | $34.3K | 1.1K | 390 |
HUBS | PUT | SWEEP | BULLISH | 04/19/24 | $590.00 | $39.2K | 118 | 330 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA NVDA, we observe a put option sweep with bullish sentiment. It expires in 8 day(s) on April 5, 2024. Parties traded 45 contract(s) at a $905.00 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 $90.0K, with a price of $2000.0 per contract. There were 3743 open contracts at this strike prior to today, and today 12680 contract(s) were bought and sold.
• For ARM ARM, we notice a call option sweep that happens to be bullish, expiring in 659 day(s) on January 16, 2026. This event was a transfer of 292 contract(s) at a $77.50 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 $1.9 million, with a price of $6680.0 per contract. There were 16780 open contracts at this strike prior to today, and today 12074 contract(s) were bought and sold.
• For MSTR MSTR, we notice a put option trade that happens to be bullish, is expiring today. Parties traded 30 contract(s) at a $1700.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $2200.0 per contract. There were 394 open contracts at this strike prior to today, and today 5034 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on April 5, 2024. Parties traded 133 contract(s) at a $425.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $197.0 per contract. There were 4014 open contracts at this strike prior to today, and today 3466 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with bearish sentiment. It expires in 50 day(s) on May 17, 2024. Parties traded 489 contract(s) at a $47.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $79.7K, with a price of $163.0 per contract. There were 23119 open contracts at this strike prior to today, and today 1383 contract(s) were bought and sold.
• Regarding PLTR PLTR, we observe a call option trade with bullish sentiment. It expires in 659 day(s) on January 16, 2026. Parties traded 200 contract(s) at a $37.00 strike. The total cost received by the writing party (or parties) was $87.6K, with a price of $438.0 per contract. There were 5771 open contracts at this strike prior to today, and today 940 contract(s) were bought and sold.
• Regarding MU MU, we observe a call option trade with bearish sentiment. It expires in 85 day(s) on June 21, 2024. Parties traded 100 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $85.3K, with a price of $854.0 per contract. There were 11711 open contracts at this strike prior to today, and today 849 contract(s) were bought and sold.
• Regarding DV DV, we observe a call option trade with bearish sentiment. It expires in 141 day(s) on August 16, 2024. Parties traded 500 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $97.5K, with a price of $195.0 per contract. There were 36 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• For NOW NOW, we notice a put option sweep that happens to be bullish, expiring in 295 day(s) on January 17, 2025. This event was a transfer of 9 contract(s) at a $650.00 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 $34.3K, with a price of $3820.0 per contract. There were 1169 open contracts at this strike prior to today, and today 390 contract(s) were bought and sold.
• For HUBS HUBS, we notice a put option sweep that happens to be bullish, expiring in 22 day(s) on April 19, 2024. This event was a transfer of 40 contract(s) at a $590.00 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 $39.2K, with a price of $980.0 per contract. There were 118 open contracts at this strike prior to today, and today 330 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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