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:

Explanation

These itemized elaborations have been created using the accompanying table.

• For SE SE, we notice a call option sweep that happens to be bullish, expiring in 94 day(s) on February 16, 2024. This event was a transfer of 1078 contract(s) at a $45.00 strike. This particular call needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $136.7K, with a price of $127.0 per contract. There were 2969 open contracts at this strike prior to today, and today 2312 contract(s) were bought and sold.

• Regarding META META, we observe a put option trade with neutral sentiment. It expires in 10 day(s) on November 24, 2023. Parties traded 49 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $41.6K, with a price of $850.0 per contract. There were 206 open contracts at this strike prior to today, and today 1380 contract(s) were bought and sold.

• Regarding VZ VZ, we observe a put option sweep with bullish sentiment. It expires in 220 day(s) on June 21, 2024. Parties traded 159 contract(s) at a $35.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $191.0 per contract. There were 4808 open contracts at this strike prior to today, and today 267 contract(s) were bought and sold.

• For DIS DIS, we notice a call option sweep that happens to be bearish, expiring in 220 day(s) on June 21, 2024. This event was a transfer of 246 contract(s) at a $110.00 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 $54.3K, with a price of $221.0 per contract. There were 8042 open contracts at this strike prior to today, and today 214 contract(s) were bought and sold.

• Regarding PINS PINS, we observe a put option sweep with bullish sentiment. It expires in 94 day(s) on February 16, 2024. Parties traded 183 contract(s) at a $32.00 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 $42.8K, with a price of $234.0 per contract. There were 1526 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold.

• Regarding PARA PARA, we observe a call option trade with bullish sentiment. It expires in 31 day(s) on December 15, 2023. Parties traded 200 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $103.0K, with a price of $515.0 per contract. There were 294 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold.

• Regarding NYT NYT, we observe a call option trade with bearish sentiment. It expires in 66 day(s) on January 19, 2024. Parties traded 140 contract(s) at a $44.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $180.0 per contract. There were 678 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold.

• Regarding CMCSA CMCSA, we observe a put option trade with bullish sentiment. It expires in 220 day(s) on June 21, 2024. Parties traded 163 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $46.7K, with a price of $287.0 per contract. There were 8966 open contracts at this strike prior to today, and today 169 contract(s) were bought and sold.

• For GOOGL GOOGL, we notice a call option trade that happens to be bearish, expiring in 220 day(s) on June 21, 2024. This event was a transfer of 60 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $135.9K, with a price of $2265.0 per contract. There were 8497 open contracts at this strike prior to today, and today 160 contract(s) were bought and sold.

• Regarding T T, we observe a put option sweep with bullish sentiment. It expires in 66 day(s) on January 19, 2024. Parties traded 120 contract(s) at a $18.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $248.0 per contract. There were 4817 open contracts at this strike prior to today, and today 120 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.

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