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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AMC | PUT | SWEEP | BULLISH | 06/16/23 | $6.00 | $302.2K | 145.2K | 24.3K |
GOOGL | CALL | SWEEP | BULLISH | 03/03/23 | $91.00 | $71.0K | 5.2K | 6.9K |
META | CALL | SWEEP | BEARISH | 03/10/23 | $170.00 | $80.5K | 1.6K | 1.9K |
IQ | PUT | SWEEP | BEARISH | 03/10/23 | $7.50 | $36.1K | 1.1K | 1.0K |
DIS | CALL | SWEEP | BULLISH | 03/10/23 | $100.00 | $39.9K | 442 | 985 |
DISH | CALL | TRADE | BEARISH | 01/19/24 | $15.00 | $25.2K | 1.1K | 501 |
PARA | PUT | SWEEP | BULLISH | 03/17/23 | $20.50 | $28.4K | 93 | 490 |
CARG | CALL | SWEEP | BULLISH | 05/19/23 | $17.00 | $36.7K | 19 | 476 |
VZ | CALL | SWEEP | BEARISH | 10/20/23 | $39.00 | $63.4K | 119 | 261 |
TMUS | CALL | SWEEP | NEUTRAL | 06/21/24 | $195.00 | $25.8K | 45 | 219 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AMC AMC, we observe a put option sweep with bullish sentiment. It expires in 108 day(s) on June 16, 2023. Parties traded 991 contract(s) at a $6.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $302.2K, with a price of $305.0 per contract. There were 145240 open contracts at this strike prior to today, and today 24324 contract(s) were bought and sold.
• Regarding GOOGL GOOGL, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on March 3, 2023. Parties traded 807 contract(s) at a $91.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $71.0K, with a price of $88.0 per contract. There were 5268 open contracts at this strike prior to today, and today 6993 contract(s) were bought and sold.
• For META META, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on March 10, 2023. This event was a transfer of 100 contract(s) at a $170.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $80.5K, with a price of $805.0 per contract. There were 1631 open contracts at this strike prior to today, and today 1929 contract(s) were bought and sold.
• Regarding IQ IQ, we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on March 10, 2023. Parties traded 1000 contract(s) at a $7.50 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $36.0 per contract. There were 1173 open contracts at this strike prior to today, and today 1051 contract(s) were bought and sold.
• For DIS DIS, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on March 10, 2023. This event was a transfer of 201 contract(s) at a $100.00 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 $39.9K, with a price of $199.0 per contract. There were 442 open contracts at this strike prior to today, and today 985 contract(s) were bought and sold.
• Regarding DISH DISH, we observe a call option trade with bearish sentiment. It expires in 325 day(s) on January 19, 2024. Parties traded 150 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $168.0 per contract. There were 1112 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• Regarding PARA PARA, we observe a put option sweep with bullish sentiment. It expires in 17 day(s) on March 17, 2023. Parties traded 482 contract(s) at a $20.50 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $59.0 per contract. There were 93 open contracts at this strike prior to today, and today 490 contract(s) were bought and sold.
• For CARG CARG, we notice a call option sweep that happens to be bullish, expiring in 80 day(s) on May 19, 2023. This event was a transfer of 167 contract(s) at a $17.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $36.7K, with a price of $220.0 per contract. There were 19 open contracts at this strike prior to today, and today 476 contract(s) were bought and sold.
• For VZ VZ, we notice a call option sweep that happens to be bearish, expiring in 234 day(s) on October 20, 2023. This event was a transfer of 258 contract(s) at a $39.00 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 $63.4K, with a price of $246.0 per contract. There were 119 open contracts at this strike prior to today, and today 261 contract(s) were bought and sold.
• For TMUS TMUS, we notice a call option sweep that happens to be neutral, expiring in 479 day(s) on June 21, 2024. This event was a transfer of 70 contract(s) at a $195.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $369.0 per contract. There were 45 open contracts at this strike prior to today, and today 219 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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