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 | 04/23/21 | $133.00 | $83.5K | 21.8K | 59.9K |
| MSFT | PUT | SWEEP | BEARISH | 04/23/21 | $257.50 | $32.8K | 5.1K | 9.0K |
| MARA | CALL | TRADE | BULLISH | 04/23/21 | $34.00 | $45.1K | 1.4K | 4.0K |
| AMD | CALL | SWEEP | BEARISH | 04/30/21 | $82.00 | $55.4K | 3.5K | 2.9K |
| IBM | CALL | TRADE | BEARISH | 06/18/21 | $145.00 | $238.0K | 12.6K | 2.8K |
| QCOM | CALL | TRADE | BULLISH | 05/21/21 | $155.00 | $207.5K | 2.6K | 2.5K |
| INTC | CALL | TRADE | BEARISH | 01/20/23 | $95.00 | $287.1K | 7.2K | 1.1K |
| V | PUT | TRADE | BEARISH | 05/21/21 | $220.00 | $330.0K | 1.7K | 1.0K |
| ENTG | PUT | SWEEP | BEARISH | 08/20/21 | $100.00 | $489.3K | 28 | 910 |
| ORCL | PUT | TRADE | BULLISH | 07/16/21 | $75.00 | $127.3K | 112 | 847 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on April 23, 2021. This event was a transfer of 781 contract(s) at a $133.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $83.5K, with a price of $107.0 per contract. There were 21886 open contracts at this strike prior to today, and today 59926 contract(s) were bought and sold.
• For MSFT MSFT, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on April 23, 2021. This event was a transfer of 353 contract(s) at a $257.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $93.0 per contract. There were 5139 open contracts at this strike prior to today, and today 9087 contract(s) were bought and sold.
• Regarding MARA MARA, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on April 23, 2021. Parties traded 200 contract(s) at a $34.00 strike. The total cost received by the writing party (or parties) was $45.1K, with a price of $226.0 per contract. There were 1434 open contracts at this strike prior to today, and today 4014 contract(s) were bought and sold.
• For AMD AMD, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on April 30, 2021. This event was a transfer of 200 contract(s) at a $82.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $55.4K, with a price of $277.0 per contract. There were 3552 open contracts at this strike prior to today, and today 2907 contract(s) were bought and sold.
• For IBM IBM, we notice a call option trade that happens to be bearish, expiring in 58 day(s) on June 18, 2021. This event was a transfer of 1000 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $238.0K, with a price of $238.0 per contract. There were 12636 open contracts at this strike prior to today, and today 2856 contract(s) were bought and sold.
• For QCOM QCOM, we notice a call option trade that happens to be bullish, expiring in 30 day(s) on May 21, 2021. This event was a transfer of 2500 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $207.5K, with a price of $83.0 per contract. There were 2649 open contracts at this strike prior to today, and today 2556 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option trade with bearish sentiment. It expires in 639 day(s) on January 20, 2023. Parties traded 1100 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $287.1K, with a price of $261.0 per contract. There were 7268 open contracts at this strike prior to today, and today 1105 contract(s) were bought and sold.
• For V V, we notice a put option trade that happens to be bearish, expiring in 30 day(s) on May 21, 2021. This event was a transfer of 1000 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $330.0K, with a price of $330.0 per contract. There were 1752 open contracts at this strike prior to today, and today 1030 contract(s) were bought and sold.
• For ENTG ENTG, we notice a put option sweep that happens to be bearish, expiring in 121 day(s) on August 20, 2021. This event was a transfer of 910 contract(s) at a $100.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $489.3K, with a price of $540.0 per contract. There were 28 open contracts at this strike prior to today, and today 910 contract(s) were bought and sold.
• For ORCL ORCL, we notice a put option trade that happens to be bullish, expiring in 86 day(s) on July 16, 2021. This event was a transfer of 450 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $127.3K, with a price of $283.0 per contract. There were 112 open contracts at this strike prior to today, and today 847 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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