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 | SWEEP | BEARISH | 10/28/22 | $140.00 | $125.0K | 25.9K | 21.2K |
| AMD | PUT | SWEEP | BULLISH | 10/28/22 | $57.00 | $49.2K | 3.9K | 13.9K |
| ORCL | PUT | SWEEP | BULLISH | 10/28/22 | $72.00 | $48.0K | 145 | 1.9K |
| DOCN | PUT | TRADE | BEARISH | 11/18/22 | $45.00 | $392.0K | 2.1K | 800 |
| MSFT | PUT | SWEEP | BEARISH | 11/18/22 | $220.00 | $32.2K | 8.8K | 561 |
| TWLO | CALL | TRADE | BULLISH | 06/16/23 | $100.00 | $29.4K | 90 | 522 |
| NTAP | CALL | TRADE | BEARISH | 11/11/22 | $70.00 | $33.7K | 0 | 450 |
| SNOW | CALL | TRADE | BEARISH | 10/28/22 | $170.00 | $36.6K | 1.2K | 350 |
| TSM | CALL | SWEEP | BULLISH | 03/17/23 | $70.00 | $60.1K | 1.3K | 204 |
| TXN | CALL | SWEEP | BEARISH | 11/18/22 | $155.00 | $42.7K | 832 | 113 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL (NASDAQ:AAPL), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on October 28, 2022. This event was a transfer of 1000 contract(s) at a $140.00 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 $125.0K, with a price of $125.0 per contract. There were 25907 open contracts at this strike prior to today, and today 21262 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on October 28, 2022. This event was a transfer of 400 contract(s) at a $57.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $49.2K, with a price of $123.0 per contract. There were 3997 open contracts at this strike prior to today, and today 13995 contract(s) were bought and sold.
• Regarding ORCL (NYSE:ORCL), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on October 28, 2022. Parties traded 500 contract(s) at a $72.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $96.0 per contract. There were 145 open contracts at this strike prior to today, and today 1943 contract(s) were bought and sold.
• For DOCN (NYSE:DOCN), we notice a put option trade that happens to be bearish, expiring in 25 day(s) on November 18, 2022. This event was a transfer of 400 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $392.0K, with a price of $980.0 per contract. There were 2155 open contracts at this strike prior to today, and today 800 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a put option sweep that happens to be bearish, expiring in 25 day(s) on November 18, 2022. This event was a transfer of 108 contract(s) at a $220.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $32.2K, with a price of $298.0 per contract. There were 8806 open contracts at this strike prior to today, and today 561 contract(s) were bought and sold.
• For TWLO (NYSE:TWLO), we notice a call option trade that happens to be bullish, expiring in 235 day(s) on June 16, 2023. This event was a transfer of 32 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $29.4K, with a price of $920.0 per contract. There were 90 open contracts at this strike prior to today, and today 522 contract(s) were bought and sold.
• For NTAP (NASDAQ:NTAP), we notice a call option trade that happens to be bearish, expiring in 18 day(s) on November 11, 2022. This event was a transfer of 450 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $33.7K, with a price of $75.0 per contract. There were 0 open contracts at this strike prior to today, and today 450 contract(s) were bought and sold.
• Regarding SNOW (NYSE:SNOW), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on October 28, 2022. Parties traded 50 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $36.6K, with a price of $733.0 per contract. There were 1274 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold.
• For TSM (NYSE:TSM), we notice a call option sweep that happens to be bullish, expiring in 144 day(s) on March 17, 2023. This event was a transfer of 185 contract(s) at a $70.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $60.1K, with a price of $325.0 per contract. There were 1377 open contracts at this strike prior to today, and today 204 contract(s) were bought and sold.
• For TXN (NASDAQ:TXN), we notice a call option sweep that happens to be bearish, expiring in 25 day(s) on November 18, 2022. This event was a transfer of 45 contract(s) at a $155.00 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 $42.7K, with a price of $950.0 per contract. There were 832 open contracts at this strike prior to today, and today 113 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.
