This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated 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 | BULLISH | 01/08/21 | $130.00 | $34.0K | 45.9K | 82.2K |
| STM | CALL | SWEEP | BULLISH | 02/19/21 | $45.00 | $37.5K | 381 | 11.8K |
| PSTG | CALL | SWEEP | BEARISH | 01/15/21 | $20.00 | $721.0K | 20.5K | 7.0K |
| MSFT | CALL | SWEEP | BULLISH | 02/19/21 | $225.00 | $366.6K | 8.0K | 5.8K |
| MARA | CALL | SWEEP | BULLISH | 01/15/21 | $19.00 | $30.0K | 2.0K | 2.8K |
| AMD | CALL | SWEEP | BULLISH | 02/19/21 | $95.00 | $118.0K | 8.6K | 1.4K |
| FISV | CALL | TRADE | BULLISH | 02/19/21 | $120.00 | $108.0K | 3.3K | 1.3K |
| TEAM | PUT | SWEEP | BULLISH | 06/18/21 | $150.00 | $59.0K | 4.1K | 888 |
| WDC | CALL | TRADE | BEARISH | 01/29/21 | $60.00 | $67.0K | 249 | 611 |
| MVIS | PUT | TRADE | BULLISH | 02/19/21 | $6.00 | $37.2K | 1.1K | 407 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AAPL AAPL, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 8, 2021. A trader bought 200 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 $34.0K on this trade with a price of $170.0 per contract. There were 45956 open contracts at this strike prior to today, and today 82242 contract(s) were bought and sold.
• For STM STM, we notice a call option sweep that happens to be bullish, expiring in 44 day(s) on February 19, 2021. A trader bought 302 contract(s) at a $45.00 strike. This particular call needed to be split into 15 different trades to become filled. The trader or institution spent $37.5K on this trade with a price of $125.0 per contract. There were 381 open contracts at this strike prior to today, and today 11889 contract(s) were bought and sold.
• For PSTG PSTG, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on January 15, 2021. A trader bought 2000 contract(s) at a $20.00 strike. This particular call needed to be split into 9 different trades to become filled. The trader or institution spent $721.0K on this trade with a price of $360.0 per contract. There were 20586 open contracts at this strike prior to today, and today 7024 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a call option sweep with bullish sentiment. It expires in 44 day(s) on February 19, 2021. A trader bought 719 contract(s) at a $225.00 strike. This particular call needed to be split into 40 different trades to become filled. The trader or institution spent $366.6K on this trade with a price of $510.0 per contract. There were 8057 open contracts at this strike prior to today, and today 5890 contract(s) were bought and sold.
• For MARA MARA, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on January 15, 2021. A trader bought 200 contract(s) at a $19.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $30.0K on this trade with a price of $150.0 per contract. There were 2003 open contracts at this strike prior to today, and today 2885 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bullish, expiring in 44 day(s) on February 19, 2021. A trader bought 200 contract(s) at a $95.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $118.0K on this trade with a price of $590.0 per contract. There were 8655 open contracts at this strike prior to today, and today 1441 contract(s) were bought and sold.
• For FISV FISV, we notice a call option trade that happens to be bullish, expiring in 44 day(s) on February 19, 2021. A trader bought 400 contract(s) at a $120.00 strike. The trader or institution spent $108.0K on this trade with a price of $270.0 per contract. There were 3387 open contracts at this strike prior to today, and today 1366 contract(s) were bought and sold.
• For TEAM TEAM, we notice a put option sweep that happens to be bullish, expiring in 163 day(s) on June 18, 2021. A trader bought 200 contract(s) at a $150.00 strike. This particular put needed to be split into 27 different trades to become filled. The trader or institution spent $59.0K on this trade with a price of $295.0 per contract. There were 4171 open contracts at this strike prior to today, and today 888 contract(s) were bought and sold.
• Regarding WDC WDC, we observe a call option trade with bearish sentiment. It expires in 23 day(s) on January 29, 2021. A trader bought 599 contract(s) at a $60.00 strike. The trader or institution spent $67.0K on this trade with a price of $112.0 per contract. There were 249 open contracts at this strike prior to today, and today 611 contract(s) were bought and sold.
• For MVIS MVIS, we notice a put option trade that happens to be bullish, expiring in 44 day(s) on February 19, 2021. A trader bought 200 contract(s) at a $6.00 strike. The trader or institution spent $37.2K on this trade with a price of $186.0 per contract. There were 1105 open contracts at this strike prior to today, and today 407 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.
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