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 | PUT | TRADE | NEUTRAL | 11/04/22 | $149.00 | $25.0K | 8.0K | 17.6K |
| MU | PUT | TRADE | BULLISH | 01/19/24 | $50.00 | $28.8K | 6.4K | 2.0K |
| PYPL | CALL | SWEEP | BEARISH | 11/18/22 | $91.00 | $83.4K | 821 | 1.9K |
| S | CALL | SWEEP | BULLISH | 01/19/24 | $32.00 | $66.8K | 1.1K | 1.1K |
| QCOM | PUT | SWEEP | BULLISH | 01/19/24 | $125.00 | $179.4K | 3.3K | 1.1K |
| FSLR | PUT | TRADE | BULLISH | 06/16/23 | $125.00 | $26.0K | 321 | 866 |
| COUP | CALL | SWEEP | BEARISH | 03/17/23 | $55.00 | $32.8K | 1.5K | 751 |
| SQ | PUT | SWEEP | NEUTRAL | 01/19/24 | $100.00 | $139.2K | 4.7K | 725 |
| MARA | PUT | SWEEP | BULLISH | 12/16/22 | $10.00 | $25.8K | 5.6K | 397 |
| ZS | PUT | TRADE | BEARISH | 07/21/23 | $150.00 | $36.9K | 2.4K | 365 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AAPL (NASDAQ:AAPL), we observe a put option trade with neutral sentiment. It expires in 2 day(s) on November 4, 2022. Parties traded 100 contract(s) at a $149.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $251.0 per contract. There were 8055 open contracts at this strike prior to today, and today 17675 contract(s) were bought and sold.
• For MU (NASDAQ:MU), we notice a put option trade that happens to be bullish, expiring in 443 day(s) on January 19, 2024. This event was a transfer of 40 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $720.0 per contract. There were 6435 open contracts at this strike prior to today, and today 2063 contract(s) were bought and sold.
• For PYPL (NASDAQ:PYPL), we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on November 18, 2022. This event was a transfer of 355 contract(s) at a $91.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $83.4K, with a price of $235.0 per contract. There were 821 open contracts at this strike prior to today, and today 1956 contract(s) were bought and sold.
• For S (NYSE:S), we notice a call option sweep that happens to be bullish, expiring in 443 day(s) on January 19, 2024. This event was a transfer of 167 contract(s) at a $32.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $66.8K, with a price of $400.0 per contract. There were 1145 open contracts at this strike prior to today, and today 1140 contract(s) were bought and sold.
• Regarding QCOM (NASDAQ:QCOM), we observe a put option sweep with bullish sentiment. It expires in 443 day(s) on January 19, 2024. Parties traded 74 contract(s) at a $125.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $179.4K, with a price of $2425.0 per contract. There were 3323 open contracts at this strike prior to today, and today 1132 contract(s) were bought and sold.
• Regarding FSLR (NASDAQ:FSLR), we observe a put option trade with bullish sentiment. It expires in 226 day(s) on June 16, 2023. Parties traded 25 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $1040.0 per contract. There were 321 open contracts at this strike prior to today, and today 866 contract(s) were bought and sold.
• For COUP (NASDAQ:COUP), we notice a call option sweep that happens to be bearish, expiring in 135 day(s) on March 17, 2023. This event was a transfer of 45 contract(s) at a $55.00 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 $32.8K, with a price of $730.0 per contract. There were 1549 open contracts at this strike prior to today, and today 751 contract(s) were bought and sold.
• For SQ (NYSE:SQ), we notice a put option sweep that happens to be neutral, expiring in 443 day(s) on January 19, 2024. This event was a transfer of 30 contract(s) at a $100.00 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 $139.2K, with a price of $4642.0 per contract. There were 4717 open contracts at this strike prior to today, and today 725 contract(s) were bought and sold.
• For MARA (NASDAQ:MARA), we notice a put option sweep that happens to be bullish, expiring in 44 day(s) on December 16, 2022. This event was a transfer of 200 contract(s) at a $10.00 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 $25.8K, with a price of $129.0 per contract. There were 5661 open contracts at this strike prior to today, and today 397 contract(s) were bought and sold.
• Regarding ZS (NASDAQ:ZS), we observe a put option trade with bearish sentiment. It expires in 261 day(s) on July 21, 2023. Parties traded 12 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $3075.0 per contract. There were 2442 open contracts at this strike prior to today, and today 365 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.
