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.
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 | PUT | TRADE | BEARISH | 11/11/22 | $140.00 | $77.7K | 5.0K | 16.3K |
| AAPL | PUT | TRADE | BULLISH | 12/16/22 | $135.00 | $27.9K | 44.2K | 5.5K |
| HIMX | CALL | SWEEP | BULLISH | 11/18/22 | $5.50 | $40.5K | 63 | 2.1K |
| DBX | PUT | SWEEP | BEARISH | 12/16/22 | $19.00 | $33.0K | 8 | 1.0K |
| MSFT | CALL | TRADE | NEUTRAL | 12/16/22 | $230.00 | $61.5K | 18.5K | 957 |
| TXN | PUT | SWEEP | BEARISH | 11/18/22 | $167.50 | $356.4K | 233 | 819 |
| QCOM | PUT | SWEEP | BEARISH | 01/20/23 | $95.00 | $61.8K | 6.2K | 708 |
| PYPL | PUT | TRADE | BULLISH | 01/20/23 | $130.00 | $25.5K | 776 | 544 |
| RIOT | PUT | SWEEP | BULLISH | 12/16/22 | $7.00 | $25.5K | 2.3K | 400 |
| AMD | CALL | SWEEP | BEARISH | 06/16/23 | $75.00 | $55.9K | 4.2K | 372 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding NVDA (NASDAQ:NVDA), we observe a put option trade with bearish sentiment. It expires in 2 day(s) on November 11, 2022. Parties traded 192 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $77.7K, with a price of $405.0 per contract. There were 5034 open contracts at this strike prior to today, and today 16339 contract(s) were bought and sold.
• For AAPL (NASDAQ:AAPL), we notice a put option trade that happens to be bullish, expiring in 37 day(s) on December 16, 2022. This event was a transfer of 49 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $570.0 per contract. There were 44290 open contracts at this strike prior to today, and today 5592 contract(s) were bought and sold.
• Regarding HIMX (NASDAQ:HIMX), we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on November 18, 2022. Parties traded 675 contract(s) at a $5.50 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $40.5K, with a price of $60.0 per contract. There were 63 open contracts at this strike prior to today, and today 2181 contract(s) were bought and sold.
• Regarding DBX (NASDAQ:DBX), we observe a put option sweep with bearish sentiment. It expires in 37 day(s) on December 16, 2022. Parties traded 1000 contract(s) at a $19.00 strike. This particular put needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $33.0 per contract. There were 8 open contracts at this strike prior to today, and today 1001 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a call option trade that happens to be neutral, expiring in 37 day(s) on December 16, 2022. This event was a transfer of 75 contract(s) at a $230.00 strike. The total cost received by the writing party (or parties) was $61.5K, with a price of $820.0 per contract. There were 18504 open contracts at this strike prior to today, and today 957 contract(s) were bought and sold.
• For TXN (NASDAQ:TXN), we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on November 18, 2022. This event was a transfer of 810 contract(s) at a $167.50 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $356.4K, with a price of $440.0 per contract. There were 233 open contracts at this strike prior to today, and today 819 contract(s) were bought and sold.
• For QCOM (NASDAQ:QCOM), we notice a put option sweep that happens to be bearish, expiring in 72 day(s) on January 20, 2023. This event was a transfer of 235 contract(s) at a $95.00 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 $61.8K, with a price of $263.0 per contract. There were 6207 open contracts at this strike prior to today, and today 708 contract(s) were bought and sold.
• For PYPL (NASDAQ:PYPL), we notice a put option trade that happens to be bullish, expiring in 72 day(s) on January 20, 2023. This event was a transfer of 5 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $5100.0 per contract. There were 776 open contracts at this strike prior to today, and today 544 contract(s) were bought and sold.
• For RIOT (NASDAQ:RIOT), we notice a put option sweep that happens to be bullish, expiring in 37 day(s) on December 16, 2022. This event was a transfer of 111 contract(s) at a $7.00 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 $25.5K, with a price of $230.0 per contract. There were 2355 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a call option sweep that happens to be bearish, expiring in 219 day(s) on June 16, 2023. This event was a transfer of 99 contract(s) at a $75.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $55.9K, with a price of $565.0 per contract. There were 4293 open contracts at this strike prior to today, and today 372 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.
