Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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.
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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 | CALL | TRADE | BEARISH | 04/08/22 | $175.00 | $56.5K | 21.3K | 47.1K |
| NVDA | PUT | SWEEP | BEARISH | 04/08/22 | $255.00 | $39.6K | 1.1K | 8.7K |
| MSFT | CALL | TRADE | BULLISH | 04/01/22 | $305.00 | $41.3K | 7.9K | 4.7K |
| ERIC | CALL | SWEEP | BULLISH | 07/15/22 | $10.00 | $53.8K | 1.4K | 4.2K |
| PYPL | CALL | SWEEP | BULLISH | 04/08/22 | $117.00 | $54.7K | 760 | 2.3K |
| MIR | CALL | SWEEP | BEARISH | 08/19/22 | $7.50 | $89.3K | 1.0K | 1.0K |
| CRWD | CALL | SWEEP | BEARISH | 04/14/22 | $230.00 | $192.7K | 2.9K | 851 |
| HPQ | PUT | TRADE | BEARISH | 05/20/22 | $33.00 | $152.2K | 196 | 828 |
| CSCO | CALL | SWEEP | BEARISH | 10/21/22 | $65.00 | $28.3K | 4.3K | 552 |
| AMAT | PUT | TRADE | NEUTRAL | 01/19/24 | $110.00 | $668.0K | 100 | 400 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AAPL (NASDAQ:AAPL), we observe a call option trade with bearish sentiment. It expires in 7 day(s) on April 8, 2022. Parties traded 492 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $56.5K, with a price of $115.0 per contract. There were 21325 open contracts at this strike prior to today, and today 47103 contract(s) were bought and sold.
• Regarding NVDA (NASDAQ:NVDA), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on April 8, 2022. Parties traded 99 contract(s) at a $255.00 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 $39.6K, with a price of $400.0 per contract. There were 1131 open contracts at this strike prior to today, and today 8736 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 200 contract(s) at a $305.00 strike. The total cost received by the writing party (or parties) was $41.3K, with a price of $207.0 per contract. There were 7912 open contracts at this strike prior to today, and today 4739 contract(s) were bought and sold.
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• Regarding ERIC (NASDAQ:ERIC), we observe a call option sweep with bullish sentiment. It expires in 105 day(s) on July 15, 2022. Parties traded 827 contract(s) at a $10.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $53.8K, with a price of $65.0 per contract. There were 1472 open contracts at this strike prior to today, and today 4201 contract(s) were bought and sold.
• For PYPL (NASDAQ:PYPL), we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on April 8, 2022. This event was a transfer of 299 contract(s) at a $117.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $54.7K, with a price of $183.0 per contract. There were 760 open contracts at this strike prior to today, and today 2398 contract(s) were bought and sold.
• For MIR (NYSE:MIR), we notice a call option sweep that happens to be bearish, expiring in 140 day(s) on August 19, 2022. This event was a transfer of 1000 contract(s) at a $7.50 strike. This particular call needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $89.3K, with a price of $78.0 per contract. There were 1034 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For CRWD (NASDAQ:CRWD), we notice a call option sweep that happens to be bearish, expiring in 13 day(s) on April 14, 2022. This event was a transfer of 292 contract(s) at a $230.00 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 $192.7K, with a price of $655.0 per contract. There were 2980 open contracts at this strike prior to today, and today 851 contract(s) were bought and sold.
• Regarding HPQ (NYSE:HPQ), we observe a put option trade with bearish sentiment. It expires in 49 day(s) on May 20, 2022. Parties traded 1347 contract(s) at a $33.00 strike. The total cost received by the writing party (or parties) was $152.2K, with a price of $113.0 per contract. There were 196 open contracts at this strike prior to today, and today 828 contract(s) were bought and sold.
• For CSCO (NASDAQ:CSCO), we notice a call option sweep that happens to be bearish, expiring in 203 day(s) on October 21, 2022. This event was a transfer of 389 contract(s) at a $65.00 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 $28.3K, with a price of $73.0 per contract. There were 4333 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold.
• Regarding AMAT (NASDAQ:AMAT), we observe a put option trade with neutral sentiment. It expires in 658 day(s) on January 19, 2024. Parties traded 400 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $668.0K, with a price of $1670.0 per contract. There were 100 open contracts at this strike prior to today, and today 400 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.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.