10 Communication Services Stocks Showing Unusual Options Activity In Today's Session

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.

Here's the list of some unusual options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For AMC AMC, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on January 29, 2021. A trader bought 301 contract(s) at a $9.00 strike. This particular call needed to be split into 21 different trades to become filled. The trader or institution spent $92.2K on this trade with a price of $305.0 per contract. There were 44260 open contracts at this strike prior to today, and today 32680 contract(s) were bought and sold.

• Regarding PINS PINS, we observe a call option sweep with bearish sentiment. It expires in 22 day(s) on February 19, 2021. A trader bought 980 contract(s) at a $70.00 strike. This particular call needed to be split into 6 different trades to become filled. The trader or institution spent $597.8K on this trade with a price of $610.0 per contract. There were 18504 open contracts at this strike prior to today, and today 8485 contract(s) were bought and sold.

• For FB FB, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on February 5, 2021. A trader bought 512 contract(s) at a $280.00 strike. This particular call needed to be split into 39 different trades to become filled. The trader or institution spent $263.6K on this trade with a price of $515.0 per contract. There were 6089 open contracts at this strike prior to today, and today 6522 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on January 29, 2021. A trader bought 343 contract(s) at a $560.00 strike. The trader or institution spent $75.1K on this trade with a price of $219.0 per contract. There were 2599 open contracts at this strike prior to today, and today 5497 contract(s) were bought and sold.

• For DIS DIS, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on January 29, 2021. A trader bought 213 contract(s) at a $172.50 strike. The trader or institution spent $30.4K on this trade with a price of $143.0 per contract. There were 3695 open contracts at this strike prior to today, and today 5325 contract(s) were bought and sold.

• Regarding GOGO GOGO, we observe a call option sweep with bullish sentiment. It expires in 113 day(s) on May 21, 2021. A trader bought 305 contract(s) at a $15.00 strike. This particular call needed to be split into 11 different trades to become filled. The trader or institution spent $68.6K on this trade with a price of $225.0 per contract. There were 7284 open contracts at this strike prior to today, and today 2637 contract(s) were bought and sold.

• Regarding DISH DISH, we observe a call option sweep with bullish sentiment. It expires in 141 day(s) on June 18, 2021. A trader bought 1685 contract(s) at a $37.50 strike. This particular call needed to be split into 56 different trades to become filled. The trader or institution spent $428.1K on this trade with a price of $254.0 per contract. There were 595 open contracts at this strike prior to today, and today 1685 contract(s) were bought and sold.

• For ANGI ANGI, we notice a call option sweep that happens to be bearish, expiring in 22 day(s) on February 19, 2021. A trader bought 420 contract(s) at a $17.50 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $29.4K on this trade with a price of $70.0 per contract. There were 15186 open contracts at this strike prior to today, and today 1026 contract(s) were bought and sold.

• For TWTR TWTR, we notice a call option sweep that happens to be bullish, expiring in 141 day(s) on June 18, 2021. A trader bought 449 contract(s) at a $65.00 strike. This particular call needed to be split into 41 different trades to become filled. The trader or institution spent $163.8K on this trade with a price of $365.0 per contract. There were 8320 open contracts at this strike prior to today, and today 506 contract(s) were bought and sold.

• Regarding SNAP SNAP, we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on March 19, 2021. A trader bought 300 contract(s) at a $80.00 strike. This particular call needed to be split into 15 different trades to become filled. The trader or institution spent $39.0K on this trade with a price of $130.0 per contract. There were 648 open contracts at this strike prior to today, and today 162 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.