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

• For META (NASDAQ:META), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 501 contract(s) at a $642.50 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $93.0 per contract. There were 443 open contracts at this strike prior to today, and today 12730 contract(s) were bought and sold.

• Regarding SNAP (NYSE:SNAP), we observe a call option sweep with bearish sentiment. It expires in 25 day(s) on November 20, 2026. Parties traded 594 contract(s) at a $6.50 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 $28.5K, with a price of $48.0 per contract. There were 4440 open contracts at this strike prior to today, and today 2595 contract(s) were bought and sold.

• Regarding SPCX (NASDAQ:SPCX), we observe a call option trade with bearish sentiment. It expires in 116 day(s) on February 19, 2027. Parties traded 200 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $114.6K, with a price of $573.0 per contract. There were 1367 open contracts at this strike prior to today, and today 643 contract(s) were bought and sold.

• Regarding GOOGL (NASDAQ:GOOGL), we observe a call option trade with bullish sentiment. It expires in 234 day(s) on June 17, 2027. Parties traded 30 contract(s) at a $350.00 strike. The total cost received by the writing party (or parties) was $77.8K, with a price of $2595.0 per contract. There were 6316 open contracts at this strike prior to today, and today 219 contract(s) were bought and sold.

• Regarding GOOG (NASDAQ:GOOG), we observe a call option trade with bearish sentiment. It expires in 452 day(s) on January 21, 2028. Parties traded 13 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $83.3K, with a price of $6415.0 per contract. There were 6358 open contracts at this strike prior to today, and today 168 contract(s) were bought and sold.

• Regarding RDDT (NYSE:RDDT), we observe a call option trade with bearish sentiment. It expires in 81 day(s) on January 15, 2027. Parties traded 40 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $64.9K, with a price of $1623.0 per contract. There were 567 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.

• Regarding MSGS (NYSE:MSGS), we observe a put option sweep with bearish sentiment. It expires in 25 day(s) on November 20, 2026. Parties traded 83 contract(s) at a $380.00 strike. This particular put needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $88.8K, with a price of $1070.0 per contract. There were 1639 open contracts at this strike prior to today, and today 83 contract(s) were bought and sold.

• For ASTS (NASDAQ:ASTS), we notice a call option sweep that happens to be neutral, expiring in 508 day(s) on March 17, 2028. This event was a transfer of 20 contract(s) at a $40.00 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 $34.0K, with a price of $1707.0 per contract. There were 477 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold.

• Regarding APP (NASDAQ:APP), we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on December 18, 2026. Parties traded 5 contract(s) at a $300.00 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 $26.9K, with a price of $5380.0 per contract. There were 1148 open contracts at this strike prior to today, and today 17 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, read more news on unusual options activity.

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