This whale alert helps traders discover the next big trading opportunity.
Whales are entities with large amounts of money and track their transactions with Benzinga’s Option Activity Scanner.
Traders often look for situations where an option’s market forecast deviates from its normal value. Abnormal amounts of trading activity can push option prices to hyperbolic or underperforming levels.
Below are some examples of optional activities occurring in the information technology sector.
| symbol | put/call | transaction type | emotions | EXP date | strike price | total transaction price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | put | trade | strong | 22/09/23 | $157.50 | $25.7K | 7.1K | 15.2K |
| NVDA | phone | trade | bearish | 22/09/23 | $134.00 | $25.2K | 3.8K | 5.8K |
| AFRMMore | phone | sweep | bearish | 22/09/23 | $23.50 | $36.0K | 2.7K | 3.9K |
| MSFTMore | phone | trade | strong | 10/21/22 | $250.00 | $31.5K | 8.9K | 2.4K |
| SQ | put | trade | bearish | 23/01/20 | $200.00 | $692.7K | 2.7K | 2.0K |
| INTC | phone | sweep | strong | 11/18/22 | $31.00 | $33.9K | 636 | 1.8K |
| CSCOMore | put | sweep | strong | 24/01/19 | $30.00 | $39.5K | 9.7K | 1.7K |
| team | put | trade | bearish | 22/09/23 | $230.00 | $65.7K | 254 | 1.1K |
| Mu | phone | trade | bearish | 23/03/17 | $70.00 | $148.0K | 571 | 1.0K |
| ANET | put | sweep | bearish | 22/09/23 | $118.00 | $26.7K | 55 | 889 |
explanation
These detailed descriptions have been prepared using the accompanying tables.
• for AAPL AAPLwe notice put option trade it happened strongexpires after 2 days September 23, 2022. This event is 100 contract in $157.50 attack.The total cost received by the author (or parties) is $25.7K,the price is $257.0 per contract.there were 7148 Open the contract with this strike today and before today 15220 A contract has been sold.
• for NVDA NVDAwe notice phone option trade it happened bearishexpires after 2 days September 23, 2022. This event is 60 contract in $134.00 attack.The total cost received by the author (or parties) is $25.2K,the price is $420.0 per contract.there were 3825 Open the contract with this strike today and before today 5800 A contract has been sold.
• about it AFRMMore AFRMMorewe observe phone option sweep When bearish emotions.Expires in 2 days September 23, 2022. Transactioned Parties 680 contract in $23.50 attack. This particular call had to be split into 25 different trades to fill.The total cost received by the author (or parties) is $36.0K,the price is $53.0 per contract.there were 2755 Open the contract with this strike today and before today 3949 A contract has been sold.
• about it MSFTMore MSFTMorewe observe phone option trade When strong emotions.Expires in 30 days October 21, 2022. Transactioned Parties 46 contract in $250.00 attack.The total cost received by the author (or parties) is $31.5K,the price is $685.0 per contract.there were 8943 Open the contract with this strike today and before today 2408 A contract has been sold.
• about it SQ SQwe observe put option trade When bearish emotions.Expires in 121 days January 20, 2023. Transactioned Parties 50 contract in $200.00 attack.The total cost received by the author (or parties) is $692.7K,the price is $13855.0 per contract.there were 2759 Open the contract with this strike today and before today 2075 A contract has been sold.
• for INTC INTCwe notice phone option sweep it happened strongexpires in 58 days November 18, 2022. This event is 320 contract in $31.00 attack. This particular call required him to split it into six different trades in order to fill.The total cost received by the author (or parties) is $33.9K,the price is $106.0 per contract.there were 636 Open the contract with this strike today and before today 1873 A contract has been sold.
• about it CSCOMore CSCOMorewe observe put option sweep When strong emotions.Expiration date is his 485 days January 19, 2024. Transactioned Parties 250 contract in $30.00 attack. This particular put required him to split it into seven different trades in order to execute.The total cost received by the author (or parties) is $39.5K,the price is $158.0 per contract.there were 9734 Open the contract with this strike today and before today 1750 A contract has been sold.
• for team teamwe notice put option trade it happened bearishexpires after 2 days September 23, 2022. This event is 206 contract in $230.00 attack.The total cost received by the author (or parties) is $65.7K,the price is $319.0 per contract.there were 254 Open the contract with this strike today and before today 1125 A contract has been sold.
• for Mu Muwe notice phone option trade it happened bearishexpires in 177 days March 17, 2023. This event is 1000 contract in $70.00 attack.The total cost received by the author (or parties) is $148.0K,the price is $148.0 per contract.there were 571 Open the contract with this strike today and before today 1002 A contract has been sold.
• about it ANET ANETwe observe put option sweep When bearish emotions.Expires in 2 days September 23, 2022. Transactioned Parties 89 contract in $118.00 attack. This particular put had to be split into 10 different trades in order to be executed.The total cost received by the author (or parties) is $26.7K,the price is $300.0 per contract.there were 55 Open the contract with this strike today and before today 889 A contract has been sold.
Terminology for Option Alerts
– Call contract: The right to purchase shares as indicated in the contract.
– Contract puts: The right to sell shares as indicated in the contract.
– date of expiry: Upon expiry of contract. If you wish to use it, you must act on the contract by this date.
– Premium/Option Price: contract price.
For more information visit our website A Guide to Understanding Option Alerts Or read more about unusual optional activity.
This article was generated by Benzinga’s automated content engine and reviewed by editors.