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 | BEARISH | 01/08/21 | $130.00 | $35.5K | 41.1K | 89.5K |
| MARA | CALL | SWEEP | BULLISH | 01/15/21 | $25.00 | $127.7K | 7.3K | 34.3K |
| RIOT | CALL | SWEEP | BULLISH | 01/08/21 | $25.00 | $29.4K | 7.4K | 18.9K |
| NNDM | CALL | TRADE | BULLISH | 01/15/21 | $7.50 | $41.3K | 14.5K | 3.2K |
| MSFT | PUT | TRADE | BEARISH | 01/15/21 | $215.00 | $40.0K | 64.9K | 2.0K |
| DQ | CALL | TRADE | BEARISH | 04/16/21 | $62.00 | $551.2K | 2.5K | 1.5K |
| TSM | CALL | TRADE | BEARISH | 01/08/21 | $119.00 | $32.8K | 133 | 1.4K |
| INTC | PUT | SWEEP | BULLISH | 01/15/21 | $52.00 | $28.3K | 480 | 942 |
| SQ | CALL | SWEEP | BEARISH | 02/19/21 | $260.00 | $405.8K | 1.2K | 850 |
| APPF | CALL | TRADE | BEARISH | 01/15/21 | $190.00 | $37.6K | 128 | 494 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on January 8, 2021. A trader bought 299 contract(s) at a $130.00 strike. This particular call needed to be split into 5 different trades to become filled. The trader or institution spent $35.5K on this trade with a price of $119.0 per contract. There were 41140 open contracts at this strike prior to today, and today 89557 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on January 15, 2021. A trader bought 350 contract(s) at a $25.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $127.7K on this trade with a price of $365.0 per contract. There were 7328 open contracts at this strike prior to today, and today 34399 contract(s) were bought and sold.
• For RIOT RIOT, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on January 8, 2021. A trader bought 245 contract(s) at a $25.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $29.4K on this trade with a price of $120.0 per contract. There were 7449 open contracts at this strike prior to today, and today 18979 contract(s) were bought and sold.
• For NNDM NNDM, we notice a call option trade that happens to be bullish, expiring in 8 day(s) on January 15, 2021. A trader bought 211 contract(s) at a $7.50 strike. The trader or institution spent $41.3K on this trade with a price of $196.0 per contract. There were 14588 open contracts at this strike prior to today, and today 3200 contract(s) were bought and sold.
• Regarding MSFT MSFT, we observe a put option trade with bearish sentiment. It expires in 8 day(s) on January 15, 2021. A trader bought 200 contract(s) at a $215.00 strike. The trader or institution spent $40.0K on this trade with a price of $200.0 per contract. There were 64984 open contracts at this strike prior to today, and today 2020 contract(s) were bought and sold.
• Regarding DQ DQ, we observe a call option trade with bearish sentiment. It expires in 99 day(s) on April 16, 2021. A trader bought 225 contract(s) at a $62.00 strike. The trader or institution spent $551.2K on this trade with a price of $2450.0 per contract. There were 2537 open contracts at this strike prior to today, and today 1535 contract(s) were bought and sold.
• For TSM TSM, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on January 8, 2021. A trader bought 200 contract(s) at a $119.00 strike. The trader or institution spent $32.8K on this trade with a price of $164.0 per contract. There were 133 open contracts at this strike prior to today, and today 1489 contract(s) were bought and sold.
• For INTC INTC, we notice a put option sweep that happens to be bullish, expiring in 8 day(s) on January 15, 2021. A trader bought 350 contract(s) at a $52.00 strike. This particular put needed to be split into 31 different trades to become filled. The trader or institution spent $28.3K on this trade with a price of $81.0 per contract. There were 480 open contracts at this strike prior to today, and today 942 contract(s) were bought and sold.
• For SQ SQ, we notice a call option sweep that happens to be bearish, expiring in 43 day(s) on February 19, 2021. A trader bought 500 contract(s) at a $260.00 strike. This particular call needed to be split into 39 different trades to become filled. The trader or institution spent $405.8K on this trade with a price of $810.0 per contract. There were 1226 open contracts at this strike prior to today, and today 850 contract(s) were bought and sold.
• For APPF APPF, we notice a call option trade that happens to be bearish, expiring in 8 day(s) on January 15, 2021. A trader bought 470 contract(s) at a $190.00 strike. The trader or institution spent $37.6K on this trade with a price of $80.0 per contract. There were 128 open contracts at this strike prior to today, and today 494 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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