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 |
|---|---|---|---|---|---|---|---|---|
| GOOGL | CALL | SWEEP | BEARISH | 11/18/22 | $90.00 | $44.5K | 8.8K | 8.0K |
| GTN | CALL | TRADE | BULLISH | 05/19/23 | $10.00 | $450.0K | 0 | 5.0K |
| META | CALL | TRADE | BEARISH | 06/16/23 | $100.00 | $81.9K | 6.1K | 2.2K |
| NFLX | PUT | SWEEP | BEARISH | 01/20/23 | $220.00 | $53.2K | 4.8K | 1.8K |
| WBD | PUT | TRADE | BULLISH | 06/21/24 | $10.00 | $94.0K | 451 | 1.5K |
| GOOG | CALL | TRADE | BULLISH | 06/21/24 | $90.00 | $2.5 million | 24.6K | 1.5K |
| RBLX | PUT | SWEEP | BULLISH | 12/16/22 | $45.00 | $32.0K | 1.4K | 492 |
| TTD | PUT | TRADE | BULLISH | 11/18/22 | $45.00 | $66.7K | 3.1K | 398 |
| DIS | CALL | SWEEP | BULLISH | 11/11/22 | $90.00 | $48.2K | 45 | 169 |
| AMC | CALL | TRADE | NEUTRAL | 11/11/22 | $0.50 | $36.3K | 1 | 147 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding GOOGL (NASDAQ:GOOGL), we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on November 18, 2022. Parties traded 500 contract(s) at a $90.00 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 $44.5K, with a price of $89.0 per contract. There were 8810 open contracts at this strike prior to today, and today 8045 contract(s) were bought and sold.
• Regarding GTN (NYSE:GTN), we observe a call option trade with bullish sentiment. It expires in 196 day(s) on May 19, 2023. Parties traded 5000 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $450.0K, with a price of $90.0 per contract. There were 0 open contracts at this strike prior to today, and today 5013 contract(s) were bought and sold.
• For META (NASDAQ:META), we notice a call option trade that happens to be bearish, expiring in 224 day(s) on June 16, 2023. This event was a transfer of 70 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $81.9K, with a price of $1170.0 per contract. There were 6197 open contracts at this strike prior to today, and today 2243 contract(s) were bought and sold.
• For NFLX (NASDAQ:NFLX), we notice a put option sweep that happens to be bearish, expiring in 77 day(s) on January 20, 2023. This event was a transfer of 50 contract(s) at a $220.00 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 $53.2K, with a price of $1065.0 per contract. There were 4837 open contracts at this strike prior to today, and today 1856 contract(s) were bought and sold.
• For WBD (NASDAQ:WBD), we notice a put option trade that happens to be bullish, expiring in 595 day(s) on June 21, 2024. This event was a transfer of 400 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $94.0K, with a price of $235.0 per contract. There were 451 open contracts at this strike prior to today, and today 1577 contract(s) were bought and sold.
• Regarding GOOG (NASDAQ:GOOG), we observe a call option trade with bullish sentiment. It expires in 595 day(s) on June 21, 2024. Parties traded 1500 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $2.5 million, with a price of $1730.0 per contract. There were 24609 open contracts at this strike prior to today, and today 1503 contract(s) were bought and sold.
• Regarding RBLX (NYSE:RBLX), we observe a put option sweep with bullish sentiment. It expires in 42 day(s) on December 16, 2022. Parties traded 40 contract(s) at a $45.00 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 $32.0K, with a price of $800.0 per contract. There were 1425 open contracts at this strike prior to today, and today 492 contract(s) were bought and sold.
• Regarding TTD (NASDAQ:TTD), we observe a put option trade with bullish sentiment. It expires in 14 day(s) on November 18, 2022. Parties traded 157 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $66.7K, with a price of $425.0 per contract. There were 3171 open contracts at this strike prior to today, and today 398 contract(s) were bought and sold.
• For DIS (NYSE:DIS), we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on November 11, 2022. This event was a transfer of 50 contract(s) at a $90.00 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 $48.2K, with a price of $963.0 per contract. There were 45 open contracts at this strike prior to today, and today 169 contract(s) were bought and sold.
• For AMC (NYSE:AMC), we notice a call option trade that happens to be neutral, expiring in 7 day(s) on November 11, 2022. This event was a transfer of 73 contract(s) at a $0.50 strike. The total cost received by the writing party (or parties) was $36.3K, with a price of $498.0 per contract. There were 1 open contracts at this strike prior to today, and today 147 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.
