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 |
|---|---|---|---|---|---|---|---|---|
| AAPL | CALL | SWEEP | BULLISH | 11/04/22 | $155.00 | $75.9K | 23.2K | 64.6K |
| NET | CALL | SWEEP | BULLISH | 01/20/23 | $100.00 | $34.0K | 2.9K | 908 |
| WDC | CALL | SWEEP | BEARISH | 12/16/22 | $40.00 | $41.2K | 565 | 730 |
| ORCL | CALL | SWEEP | BEARISH | 12/16/22 | $82.50 | $135.4K | 2.9K | 683 |
| CRM | CALL | SWEEP | BULLISH | 11/18/22 | $162.50 | $35.0K | 346 | 664 |
| DV | PUT | SWEEP | BEARISH | 11/18/22 | $30.00 | $26.6K | 3.7K | 507 |
| NVDA | PUT | TRADE | BULLISH | 03/17/23 | $120.00 | $27.3K | 6.4K | 342 |
| AMAT | PUT | SWEEP | NEUTRAL | 01/17/25 | $77.50 | $60.2K | 0 | 276 |
| CSCO | PUT | SWEEP | BULLISH | 01/19/24 | $45.00 | $30.6K | 6.2K | 269 |
| AMD | CALL | TRADE | BULLISH | 06/16/23 | $60.00 | $28.4K | 3.7K | 193 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL (NASDAQ:AAPL), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on November 4, 2022. Parties traded 345 contract(s) at a $155.00 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 $75.9K, with a price of $220.0 per contract. There were 23255 open contracts at this strike prior to today, and today 64699 contract(s) were bought and sold.
• For NET (NYSE:NET), we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on January 20, 2023. This event was a transfer of 500 contract(s) at a $100.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $34.0K, with a price of $68.0 per contract. There were 2924 open contracts at this strike prior to today, and today 908 contract(s) were bought and sold.
• Regarding WDC (NASDAQ:WDC), we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on December 16, 2022. Parties traded 688 contract(s) at a $40.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $41.2K, with a price of $60.0 per contract. There were 565 open contracts at this strike prior to today, and today 730 contract(s) were bought and sold.
• Regarding ORCL (NYSE:ORCL), we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on December 16, 2022. Parties traded 633 contract(s) at a $82.50 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 $135.4K, with a price of $214.0 per contract. There were 2911 open contracts at this strike prior to today, and today 683 contract(s) were bought and sold.
• Regarding CRM (NYSE:CRM), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on November 18, 2022. Parties traded 50 contract(s) at a $162.50 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 $35.0K, with a price of $700.0 per contract. There were 346 open contracts at this strike prior to today, and today 664 contract(s) were bought and sold.
• For DV (NYSE:DV), we notice a put option sweep that happens to be bearish, expiring in 18 day(s) on November 18, 2022. This event was a transfer of 133 contract(s) at a $30.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $200.0 per contract. There were 3720 open contracts at this strike prior to today, and today 507 contract(s) were bought and sold.
• For NVDA (NASDAQ:NVDA), we notice a put option trade that happens to be bullish, expiring in 137 day(s) on March 17, 2023. This event was a transfer of 25 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $1093.0 per contract. There were 6451 open contracts at this strike prior to today, and today 342 contract(s) were bought and sold.
• For AMAT (NASDAQ:AMAT), we notice a put option sweep that happens to be neutral, expiring in 809 day(s) on January 17, 2025. This event was a transfer of 44 contract(s) at a $77.50 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 $60.2K, with a price of $1370.0 per contract. There were 0 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.
• Regarding CSCO (NASDAQ:CSCO), we observe a put option sweep with bullish sentiment. It expires in 445 day(s) on January 19, 2024. Parties traded 60 contract(s) at a $45.00 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 $30.6K, with a price of $510.0 per contract. There were 6238 open contracts at this strike prior to today, and today 269 contract(s) were bought and sold.
• Regarding AMD (NASDAQ:AMD), we observe a call option trade with bullish sentiment. It expires in 228 day(s) on June 16, 2023. Parties traded 24 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $1185.0 per contract. There were 3777 open contracts at this strike prior to today, and today 193 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.
