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:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | CALL | SWEEP | BULLISH | 07/23/21 | $148.00 | $33.4K | 35.9K | 120.2K |
| MU | PUT | SWEEP | BEARISH | 09/17/21 | $67.50 | $27.3K | 14.8K | 10.4K |
| AMD | CALL | SWEEP | BULLISH | 07/23/21 | $92.00 | $32.1K | 7.6K | 8.8K |
| ORCL | PUT | SWEEP | NEUTRAL | 07/23/21 | $90.00 | $33.0K | 1.1K | 6.9K |
| RIOT | CALL | SWEEP | BEARISH | 07/30/21 | $29.00 | $969.0K | 1.2K | 6.4K |
| SPRT | CALL | SWEEP | BEARISH | 08/20/21 | $8.00 | $38.2K | 5.3K | 5.7K |
| INTC | CALL | SWEEP | BULLISH | 07/30/21 | $57.00 | $33.0K | 19.2K | 5.6K |
| CSCO | CALL | SWEEP | BULLISH | 07/30/21 | $54.50 | $29.7K | 2.4K | 3.3K |
| PSTG | CALL | TRADE | BEARISH | 08/20/21 | $20.00 | $130.3K | 10.2K | 3.3K |
| AKAM | PUT | SWEEP | BULLISH | 07/23/21 | $115.00 | $25.1K | 1.3K | 1.2K |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAPL AAPL, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on July 23, 2021. This event was a transfer of 696 contract(s) at a $148.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $48.0 per contract. There were 35954 open contracts at this strike prior to today, and today 120267 contract(s) were bought and sold.
• For MU MU, we notice a put option sweep that happens to be bearish, expiring in 57 day(s) on September 17, 2021. This event was a transfer of 256 contract(s) at a $67.50 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $107.0 per contract. There were 14822 open contracts at this strike prior to today, and today 10454 contract(s) were bought and sold.
• Regarding AMD AMD, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on July 23, 2021. Parties traded 1000 contract(s) at a $92.00 strike. This particular call needed to be split into 54 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $32.0 per contract. There were 7660 open contracts at this strike prior to today, and today 8822 contract(s) were bought and sold.
• Regarding ORCL ORCL, we observe a put option sweep with neutral sentiment. It expires in 1 day(s) on July 23, 2021. Parties traded 1000 contract(s) at a $90.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $33.0 per contract. There were 1187 open contracts at this strike prior to today, and today 6975 contract(s) were bought and sold.
• Regarding RIOT RIOT, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on July 30, 2021. Parties traded 4944 contract(s) at a $29.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $969.0K, with a price of $196.0 per contract. There were 1257 open contracts at this strike prior to today, and today 6422 contract(s) were bought and sold.
• For SPRT SPRT, we notice a call option sweep that happens to be bearish, expiring in 29 day(s) on August 20, 2021. This event was a transfer of 450 contract(s) at a $8.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $38.2K, with a price of $85.0 per contract. There were 5373 open contracts at this strike prior to today, and today 5790 contract(s) were bought and sold.
• Regarding INTC INTC, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on July 30, 2021. Parties traded 259 contract(s) at a $57.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $128.0 per contract. There were 19290 open contracts at this strike prior to today, and today 5677 contract(s) were bought and sold.
• Regarding CSCO CSCO, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on July 30, 2021. Parties traded 608 contract(s) at a $54.50 strike. This particular call needed to be split into 44 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $49.0 per contract. There were 2434 open contracts at this strike prior to today, and today 3379 contract(s) were bought and sold.
• For PSTG PSTG, we notice a call option trade that happens to be bearish, expiring in 29 day(s) on August 20, 2021. This event was a transfer of 1241 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $130.3K, with a price of $105.0 per contract. There were 10216 open contracts at this strike prior to today, and today 3379 contract(s) were bought and sold.
• Regarding AKAM AKAM, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on July 23, 2021. Parties traded 1004 contract(s) at a $115.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.1K, with a price of $25.0 per contract. There were 1304 open contracts at this strike prior to today, and today 1200 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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