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 | PUT | SWEEP | BEARISH | 04/19/24 | $800.00 | $57.2K | 23.6K | 104.2K |
AAPL | CALL | SWEEP | BEARISH | 04/26/24 | $170.00 | $49.4K | 19.8K | 30.3K |
ARM | PUT | TRADE | BEARISH | 04/19/24 | $95.00 | $34.5K | 1.9K | 15.5K |
MSFT | CALL | TRADE | BULLISH | 12/18/26 | $360.00 | $54.5K | 3.5K | 7.0K |
INTC | PUT | SWEEP | BEARISH | 04/19/24 | $35.00 | $35.0K | 12.8K | 6.0K |
SMCI | PUT | SWEEP | BULLISH | 04/26/24 | $800.00 | $32.9K | 655 | 4.0K |
FTNT | PUT | SWEEP | BEARISH | 05/17/24 | $65.00 | $70.0K | 3.2K | 2.2K |
SNOW | CALL | SWEEP | BEARISH | 04/26/24 | $160.00 | $50.7K | 3.2K | 2.0K |
MARA | CALL | TRADE | BULLISH | 05/03/24 | $17.00 | $50.5K | 1.1K | 2.0K |
TSM | CALL | SWEEP | BEARISH | 04/26/24 | $138.00 | $26.1K | 639 | 1.3K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA NVDA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 176 contract(s) at a $800.00 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 $57.2K, with a price of $325.0 per contract. There were 23657 open contracts at this strike prior to today, and today 104254 contract(s) were bought and sold.
• Regarding AAPL AAPL, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on April 26, 2024. Parties traded 811 contract(s) at a $170.00 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 $49.4K, with a price of $61.0 per contract. There were 19835 open contracts at this strike prior to today, and today 30300 contract(s) were bought and sold.
• For ARM ARM, we notice a put option trade that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $34.5K, with a price of $345.0 per contract. There were 1927 open contracts at this strike prior to today, and today 15520 contract(s) were bought and sold.
• For MSFT MSFT, we notice a call option trade that happens to be bullish, expiring in 973 day(s) on December 18, 2026. This event was a transfer of 5 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $54.5K, with a price of $10910.0 per contract. There were 3543 open contracts at this strike prior to today, and today 7000 contract(s) were bought and sold.
• For INTC INTC, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 1000 contract(s) at a $35.00 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $35.0 per contract. There were 12843 open contracts at this strike prior to today, and today 6098 contract(s) were bought and sold.
• For SMCI SMCI, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on April 26, 2024. This event was a transfer of 5 contract(s) at a $800.00 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 $32.9K, with a price of $6594.0 per contract. There were 655 open contracts at this strike prior to today, and today 4017 contract(s) were bought and sold.
• For FTNT FTNT, we notice a put option sweep that happens to be bearish, expiring in 28 day(s) on May 17, 2024. This event was a transfer of 149 contract(s) at a $65.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $70.0K, with a price of $470.0 per contract. There were 3257 open contracts at this strike prior to today, and today 2207 contract(s) were bought and sold.
• Regarding SNOW SNOW, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on April 26, 2024. Parties traded 1154 contract(s) at a $160.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $50.7K, with a price of $43.0 per contract. There were 3211 open contracts at this strike prior to today, and today 2085 contract(s) were bought and sold.
• For MARA MARA, we notice a call option trade that happens to be bullish, expiring in 14 day(s) on May 3, 2024. This event was a transfer of 395 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $50.5K, with a price of $128.0 per contract. There were 1134 open contracts at this strike prior to today, and today 2062 contract(s) were bought and sold.
• Regarding TSM TSM, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on April 26, 2024. Parties traded 1045 contract(s) at a $138.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $25.0 per contract. There were 639 open contracts at this strike prior to today, and today 1303 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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