This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.
Below are some instances of unusual options activity happening in the Information Technology sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | CALL | SWEEP | NEUTRAL | 01/08/21 | $130.00 | $55.6K | 25.3K | 43.0K |
| AMD | CALL | TRADE | BEARISH | 01/08/21 | $94.00 | $27.0K | 2.9K | 15.7K |
| MARA | CALL | SWEEP | BEARISH | 06/18/21 | $7.00 | $138.7K | 6.4K | 6.5K |
| FUBO | CALL | SWEEP | NEUTRAL | 01/15/21 | $30.00 | $47.4K | 4.3K | 5.1K |
| INTC | CALL | SWEEP | BEARISH | 01/15/21 | $49.50 | $86.9K | 9.0K | 4.3K |
| NVDA | PUT | SWEEP | BULLISH | 01/15/21 | $490.00 | $105.0K | 3.5K | 3.4K |
| PYPL | CALL | SWEEP | BEARISH | 03/19/21 | $200.00 | $1.0 million | 5.2K | 1.7K |
| MA | CALL | SWEEP | BULLISH | 01/08/21 | $350.00 | $131.4K | 456 | 1.1K |
| CSCO | PUT | SWEEP | BEARISH | 06/18/21 | $40.00 | $99.0K | 16.9K | 1.0K |
| SABR | CALL | SWEEP | BEARISH | 02/19/21 | $11.00 | $61.8K | 172 | 589 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on January 8, 2021. A trader bought 316 contract(s) at a $130.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $55.6K on this trade with a price of $176.0 per contract. There were 25351 open contracts at this strike prior to today, and today 43038 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on January 8, 2021. A trader bought 250 contract(s) at a $94.00 strike. The trader or institution spent $27.0K on this trade with a price of $108.0 per contract. There were 2991 open contracts at this strike prior to today, and today 15704 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bearish sentiment. It expires in 165 day(s) on June 18, 2021. A trader bought 250 contract(s) at a $7.00 strike. This particular call needed to be split into 11 different trades to become filled. The trader or institution spent $138.7K on this trade with a price of $555.0 per contract. There were 6486 open contracts at this strike prior to today, and today 6550 contract(s) were bought and sold.
• For FUBO FUBO, we notice a call option sweep that happens to be neutral, expiring in 11 day(s) on January 15, 2021. A trader bought 339 contract(s) at a $30.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $47.4K on this trade with a price of $140.0 per contract. There were 4375 open contracts at this strike prior to today, and today 5189 contract(s) were bought and sold.
• For INTC INTC, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on January 15, 2021. A trader bought 540 contract(s) at a $49.50 strike. This particular call needed to be split into 32 different trades to become filled. The trader or institution spent $86.9K on this trade with a price of $161.0 per contract. There were 9094 open contracts at this strike prior to today, and today 4308 contract(s) were bought and sold.
• For NVDA NVDA, we notice a put option sweep that happens to be bullish, expiring in 11 day(s) on January 15, 2021. A trader bought 219 contract(s) at a $490.00 strike. This particular put needed to be split into 43 different trades to become filled. The trader or institution spent $105.0K on this trade with a price of $475.0 per contract. There were 3564 open contracts at this strike prior to today, and today 3463 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a call option sweep with bearish sentiment. It expires in 74 day(s) on March 19, 2021. A trader bought 291 contract(s) at a $200.00 strike. This particular call needed to be split into 7 different trades to become filled. The trader or institution spent $1.0 million on this trade with a price of $3517.0 per contract. There were 5227 open contracts at this strike prior to today, and today 1713 contract(s) were bought and sold.
• For MA MA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on January 8, 2021. A trader bought 288 contract(s) at a $350.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $131.4K on this trade with a price of $465.0 per contract. There were 456 open contracts at this strike prior to today, and today 1118 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a put option sweep with bearish sentiment. It expires in 165 day(s) on June 18, 2021. A trader bought 500 contract(s) at a $40.00 strike. This particular put needed to be split into 28 different trades to become filled. The trader or institution spent $99.0K on this trade with a price of $198.0 per contract. There were 16908 open contracts at this strike prior to today, and today 1091 contract(s) were bought and sold.
• Regarding SABR SABR, we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on February 19, 2021. A trader bought 517 contract(s) at a $11.00 strike. This particular call needed to be split into 25 different trades to become filled. The trader or institution spent $61.8K on this trade with a price of $119.0 per contract. There were 172 open contracts at this strike prior to today, and today 589 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.
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