10 Communication Services Stocks Whale Activity In Today's Session

10 Communication Services Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.

Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.

Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.

Below are some instances of options activity happening in the Communication Services sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
GOOGL CALL SWEEP BULLISH 07/29/22 $110.00 $71.4K 7.6K 8.1K
META PUT TRADE BEARISH 07/29/22 $160.00 $26.4K 7.1K 2.5K
TWTR CALL TRADE BEARISH 09/16/22 $40.00 $189.4K 14.5K 1.0K
PINS PUT SWEEP BULLISH 09/16/22 $20.00 $30.8K 5.2K 858
GOOG PUT SWEEP BEARISH 08/19/22 $105.00 $34.5K 8.9K 437
YELP PUT TRADE BEARISH 09/16/22 $32.00 $37.5K 19 300
VZ CALL TRADE BULLISH 01/20/23 $45.00 $25.2K 4.6K 220
PARA CALL SWEEP BULLISH 08/05/22 $20.00 $42.6K 16 207
CMCSA CALL SWEEP BEARISH 07/29/22 $39.50 $29.6K 51 86
NFLX CALL TRADE BEARISH 01/20/23 $200.00 $40.1K 1.9K 84

Explanation

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

• Regarding GOOGL GOOGL, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on July 29, 2022. Parties traded 450 contract(s) at a $110.00 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 $71.4K, with a price of $160.0 per contract. There were 7636 open contracts at this strike prior to today, and today 8181 contract(s) were bought and sold.

• Regarding META META, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on July 29, 2022. Parties traded 30 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $880.0 per contract. There were 7144 open contracts at this strike prior to today, and today 2535 contract(s) were bought and sold.

• For TWTR TWTR, we notice a call option trade that happens to be bearish, expiring in 52 day(s) on September 16, 2022. This event was a transfer of 806 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $189.4K, with a price of $235.0 per contract. There were 14547 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold.

• For PINS PINS, we notice a put option sweep that happens to be bullish, expiring in 52 day(s) on September 16, 2022. This event was a transfer of 79 contract(s) at a $20.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $30.8K, with a price of $390.0 per contract. There were 5264 open contracts at this strike prior to today, and today 858 contract(s) were bought and sold.

• Regarding GOOG GOOG, we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on August 19, 2022. Parties traded 75 contract(s) at a $105.00 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 $34.5K, with a price of $460.0 per contract. There were 8996 open contracts at this strike prior to today, and today 437 contract(s) were bought and sold.

• Regarding YELP YELP, we observe a put option trade with bearish sentiment. It expires in 52 day(s) on September 16, 2022. Parties traded 100 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $375.0 per contract. There were 19 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.

• For VZ VZ, we notice a call option trade that happens to be bullish, expiring in 178 day(s) on January 20, 2023. This event was a transfer of 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $252.0 per contract. There were 4669 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold.

• For PARA PARA, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on August 5, 2022. This event was a transfer of 97 contract(s) at a $20.00 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 $42.6K, with a price of $440.0 per contract. There were 16 open contracts at this strike prior to today, and today 207 contract(s) were bought and sold.

• Regarding CMCSA CMCSA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on July 29, 2022. Parties traded 86 contract(s) at a $39.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $29.6K, with a price of $345.0 per contract. There were 51 open contracts at this strike prior to today, and today 86 contract(s) were bought and sold.

• For NFLX NFLX, we notice a call option trade that happens to be bearish, expiring in 178 day(s) on January 20, 2023. This event was a transfer of 10 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $40.1K, with a price of $4015.0 per contract. There were 1903 open contracts at this strike prior to today, and today 84 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.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-AUOAOptions