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 |
|---|---|---|---|---|---|---|---|---|
| SIRI | PUT | TRADE | BEARISH | 07/19/24 | $4.00 | $59.0K | 11.8K | 3.0K |
| GOOG | CALL | SWEEP | BULLISH | 03/15/24 | $135.00 | $26.2K | 5.8K | 1.8K |
| VZ | CALL | SWEEP | BULLISH | 04/19/24 | $41.00 | $26.9K | 18.2K | 1.0K |
| T | CALL | SWEEP | NEUTRAL | 03/15/24 | $16.50 | $57.6K | 1.4K | 878 |
| CHTR | CALL | SWEEP | BULLISH | 03/28/24 | $300.00 | $25.3K | 9.2K | 155 |
| SE | CALL | SWEEP | BEARISH | 08/16/24 | $48.00 | $93.9K | 79 | 87 |
| CMCSA | CALL | TRADE | BULLISH | 06/21/24 | $37.50 | $49.2K | 1.2K | 80 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For SIRI SIRI, we notice a put option trade that happens to be bearish, expiring in 129 day(s) on July 19, 2024. This event was a transfer of 1000 contract(s) at a $4.00 strike. The total cost received by the writing party (or parties) was $59.0K, with a price of $59.0 per contract. There were 11808 open contracts at this strike prior to today, and today 3003 contract(s) were bought and sold.
• For GOOG GOOG, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on March 15, 2024. This event was a transfer of 50 contract(s) at a $135.00 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 $26.2K, with a price of $525.0 per contract. There were 5895 open contracts at this strike prior to today, and today 1837 contract(s) were bought and sold.
• For VZ VZ, we notice a call option sweep that happens to be bullish, expiring in 38 day(s) on April 19, 2024. This event was a transfer of 480 contract(s) at a $41.00 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 $26.9K, with a price of $56.0 per contract. There were 18288 open contracts at this strike prior to today, and today 1006 contract(s) were bought and sold.
• For T T, we notice a call option sweep that happens to be neutral, expiring in 3 day(s) on March 15, 2024. This event was a transfer of 772 contract(s) at a $16.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $75.0 per contract. There were 1452 open contracts at this strike prior to today, and today 878 contract(s) were bought and sold.
• For CHTR CHTR, we notice a call option sweep that happens to be bullish, expiring in 16 day(s) on March 28, 2024. This event was a transfer of 39 contract(s) at a $300.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $650.0 per contract. There were 9224 open contracts at this strike prior to today, and today 155 contract(s) were bought and sold.
• Regarding SE SE, we observe a call option sweep with bearish sentiment. It expires in 157 day(s) on August 16, 2024. Parties traded 63 contract(s) at a $48.00 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 $93.9K, with a price of $1490.0 per contract. There were 79 open contracts at this strike prior to today, and today 87 contract(s) were bought and sold.
• For CMCSA CMCSA, we notice a call option trade that happens to be bullish, expiring in 101 day(s) on June 21, 2024. This event was a transfer of 80 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $49.2K, with a price of $615.0 per contract. There were 1252 open contracts at this strike prior to today, and today 80 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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