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 | 12/13/24 | $137.00 | $29.8K | 12.5K | 58.3K |
| AAPL | PUT | SWEEP | BULLISH | 12/13/24 | $245.00 | $26.5K | 5.9K | 37.1K |
| INTC | CALL | TRADE | NEUTRAL | 12/20/24 | $22.00 | $90.0K | 28.9K | 9.7K |
| MSFT | PUT | TRADE | NEUTRAL | 01/03/25 | $365.00 | $59.8K | 4.5K | 4.6K |
| FRSH | CALL | SWEEP | BULLISH | 02/21/25 | $17.50 | $27.8K | 9.8K | 3.4K |
| FSLY | CALL | SWEEP | BULLISH | 12/27/24 | $12.50 | $71.3K | 136 | 3.4K |
| QBTS | CALL | SWEEP | BEARISH | 12/20/24 | $4.00 | $39.8K | 10.1K | 2.6K |
| ORCL | PUT | TRADE | BEARISH | 12/13/24 | $190.00 | $34.2K | 1.5K | 1.4K |
| BTBT | CALL | TRADE | BULLISH | 02/21/25 | $5.00 | $52.5K | 8.5K | 1.2K |
| RGTI | CALL | SWEEP | BULLISH | 01/17/25 | $4.00 | $55.0K | 7.2K | 1.1K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA (NASDAQ:NVDA), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 210 contract(s) at a $137.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $142.0 per contract. There were 12580 open contracts at this strike prior to today, and today 58341 contract(s) were bought and sold.
• Regarding AAPL (NASDAQ:AAPL), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 13, 2024. Parties traded 202 contract(s) at a $245.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $131.0 per contract. There were 5996 open contracts at this strike prior to today, and today 37158 contract(s) were bought and sold.
• Regarding INTC (NASDAQ:INTC), we observe a call option trade with neutral sentiment. It expires in 11 day(s) on December 20, 2024. Parties traded 2500 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $90.0K, with a price of $36.0 per contract. There were 28916 open contracts at this strike prior to today, and today 9781 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a put option trade that happens to be neutral, expiring in 25 day(s) on January 3, 2025. This event was a transfer of 4600 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $59.8K, with a price of $13.0 per contract. There were 4591 open contracts at this strike prior to today, and today 4602 contract(s) were bought and sold.
• For FRSH (NASDAQ:FRSH), we notice a call option sweep that happens to be bullish, expiring in 74 day(s) on February 21, 2025. This event was a transfer of 200 contract(s) at a $17.50 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $140.0 per contract. There were 9835 open contracts at this strike prior to today, and today 3465 contract(s) were bought and sold.
• Regarding FSLY (NYSE:FSLY), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on December 27, 2024. Parties traded 1250 contract(s) at a $12.50 strike. This particular call needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $71.3K, with a price of $58.0 per contract. There were 136 open contracts at this strike prior to today, and today 3441 contract(s) were bought and sold.
• Regarding QBTS (NYSE:QBTS), we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on December 20, 2024. Parties traded 398 contract(s) at a $4.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $39.8K, with a price of $100.0 per contract. There were 10174 open contracts at this strike prior to today, and today 2621 contract(s) were bought and sold.
• For ORCL (NYSE:ORCL), we notice a put option trade that happens to be bearish, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 40 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $855.0 per contract. There were 1506 open contracts at this strike prior to today, and today 1481 contract(s) were bought and sold.
• Regarding BTBT (NASDAQ:BTBT), we observe a call option trade with bullish sentiment. It expires in 74 day(s) on February 21, 2025. Parties traded 500 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $52.5K, with a price of $105.0 per contract. There were 8504 open contracts at this strike prior to today, and today 1206 contract(s) were bought and sold.
• For RGTI (NASDAQ:RGTI), we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on January 17, 2025. This event was a transfer of 500 contract(s) at a $4.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 7223 open contracts at this strike prior to today, and today 1186 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.
