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.
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 | 08/23/24 | $129.00 | $25.0K | 32.4K | 189.5K |
INTC | PUT | TRADE | BEARISH | 11/15/24 | $20.00 | $30.1K | 4.2K | 8.0K |
MSTR | CALL | TRADE | BULLISH | 08/30/24 | $150.00 | $85.2K | 3.2K | 3.8K |
AMD | CALL | SWEEP | BULLISH | 01/17/25 | $210.00 | $231.2K | 5.6K | 3.0K |
MSFT | CALL | SWEEP | BEARISH | 09/20/24 | $450.00 | $44.5K | 7.2K | 2.4K |
CLSK | CALL | SWEEP | BEARISH | 08/30/24 | $12.00 | $26.0K | 3.8K | 1.6K |
WOLF | PUT | SWEEP | BEARISH | 08/30/24 | $12.50 | $30.5K | 2.0K | 1.2K |
SMCI | PUT | TRADE | NEUTRAL | 09/06/24 | $600.00 | $92.6K | 438 | 1.0K |
S | CALL | TRADE | BEARISH | 09/20/24 | $25.00 | $153.7K | 2.5K | 795 |
CORZ | CALL | TRADE | BEARISH | 01/16/26 | $20.00 | $65.1K | 20.3K | 741 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA NVDA, we notice a call option trade that happens to be bearish, is expiring today. Parties traded 1000 contract(s) at a $129.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $25.0 per contract. There were 32428 open contracts at this strike prior to today, and today 189511 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a put option trade with bearish sentiment. It expires in 84 day(s) on November 15, 2024. Parties traded 184 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $30.1K, with a price of $164.0 per contract. There were 4291 open contracts at this strike prior to today, and today 8033 contract(s) were bought and sold.
• Regarding MSTR MSTR, we observe a call option trade with bullish sentiment. It expires in 7 day(s) on August 30, 2024. Parties traded 297 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $85.2K, with a price of $287.0 per contract. There were 3203 open contracts at this strike prior to today, and today 3815 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 147 day(s) on January 17, 2025. This event was a transfer of 492 contract(s) at a $210.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $231.2K, with a price of $470.0 per contract. There were 5636 open contracts at this strike prior to today, and today 3062 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on September 20, 2024. Parties traded 495 contract(s) at a $450.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $44.5K, with a price of $90.0 per contract. There were 7216 open contracts at this strike prior to today, and today 2481 contract(s) were bought and sold.
• Regarding CLSK CLSK, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on August 30, 2024. Parties traded 400 contract(s) at a $12.00 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 $26.0K, with a price of $65.0 per contract. There were 3880 open contracts at this strike prior to today, and today 1653 contract(s) were bought and sold.
• For WOLF WOLF, we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on August 30, 2024. This event was a transfer of 869 contract(s) at a $12.50 strike. This particular put needed to be split into 55 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $35.0 per contract. There were 2040 open contracts at this strike prior to today, and today 1219 contract(s) were bought and sold.
• Regarding SMCI SMCI, we observe a put option trade with neutral sentiment. It expires in 14 day(s) on September 6, 2024. Parties traded 40 contract(s) at a $600.00 strike. The total cost received by the writing party (or parties) was $92.6K, with a price of $2317.0 per contract. There were 438 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding S S, we observe a call option trade with bearish sentiment. It expires in 28 day(s) on September 20, 2024. Parties traded 750 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $153.7K, with a price of $205.0 per contract. There were 2539 open contracts at this strike prior to today, and today 795 contract(s) were bought and sold.
• Regarding CORZ CORZ, we observe a call option trade with bearish sentiment. It expires in 511 day(s) on January 16, 2026. Parties traded 383 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $65.1K, with a price of $170.0 per contract. There were 20349 open contracts at this strike prior to today, and today 741 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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.