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.
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 |
|---|---|---|---|---|---|---|---|---|
| NVDA | PUT | SWEEP | BEARISH | 07/29/22 | $167.50 | $79.0K | 3.0K | 10.7K |
| AAPL | CALL | TRADE | BULLISH | 07/29/22 | $157.50 | $32.7K | 24.1K | 10.6K |
| VRNS | CALL | SWEEP | BEARISH | 08/19/22 | $30.00 | $32.0K | 144 | 7.8K |
| SNOW | PUT | SWEEP | BEARISH | 07/29/22 | $135.00 | $45.0K | 657 | 5.7K |
| TXN | PUT | TRADE | BEARISH | 07/29/22 | $152.50 | $174.0K | 364 | 2.1K |
| CSCO | PUT | TRADE | BULLISH | 12/16/22 | $37.50 | $159.4K | 5.3K | 1.4K |
| MU | PUT | SWEEP | BULLISH | 08/19/22 | $60.00 | $35.7K | 16.6K | 1.1K |
| INTC | CALL | TRADE | BEARISH | 10/21/22 | $42.50 | $103.5K | 4.0K | 843 |
| ADI | PUT | SWEEP | BEARISH | 03/17/23 | $130.00 | $74.7K | 1 | 733 |
| MSFT | CALL | SWEEP | BEARISH | 07/29/22 | $255.00 | $27.1K | 1.2K | 628 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA (NASDAQ:NVDA), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on July 29, 2022. This event was a transfer of 200 contract(s) at a $167.50 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $79.0K, with a price of $395.0 per contract. There were 3006 open contracts at this strike prior to today, and today 10740 contract(s) were bought and sold.
• For AAPL (NASDAQ:AAPL), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on July 29, 2022. This event was a transfer of 175 contract(s) at a $157.50 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $187.0 per contract. There were 24190 open contracts at this strike prior to today, and today 10639 contract(s) were bought and sold.
• Regarding VRNS (NASDAQ:VRNS), we observe a call option sweep with bearish sentiment. It expires in 25 day(s) on August 19, 2022. Parties traded 221 contract(s) at a $30.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $145.0 per contract. There were 144 open contracts at this strike prior to today, and today 7813 contract(s) were bought and sold.
• For SNOW (NYSE:SNOW), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on July 29, 2022. This event was a transfer of 150 contract(s) at a $135.00 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $300.0 per contract. There were 657 open contracts at this strike prior to today, and today 5785 contract(s) were bought and sold.
• Regarding TXN (NASDAQ:TXN), we observe a put option trade with bearish sentiment. It expires in 4 day(s) on July 29, 2022. Parties traded 1000 contract(s) at a $152.50 strike. The total cost received by the writing party (or parties) was $174.0K, with a price of $174.0 per contract. There were 364 open contracts at this strike prior to today, and today 2119 contract(s) were bought and sold.
• For CSCO (NASDAQ:CSCO), we notice a put option trade that happens to be bullish, expiring in 144 day(s) on December 16, 2022. This event was a transfer of 1399 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $159.4K, with a price of $114.0 per contract. There were 5301 open contracts at this strike prior to today, and today 1401 contract(s) were bought and sold.
• For MU (NASDAQ:MU), we notice a put option sweep that happens to be bullish, expiring in 25 day(s) on August 19, 2022. This event was a transfer of 150 contract(s) at a $60.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $238.0 per contract. There were 16679 open contracts at this strike prior to today, and today 1151 contract(s) were bought and sold.
• For INTC (NASDAQ:INTC), we notice a call option trade that happens to be bearish, expiring in 88 day(s) on October 21, 2022. This event was a transfer of 750 contract(s) at a $42.50 strike. The total cost received by the writing party (or parties) was $103.5K, with a price of $138.0 per contract. There were 4060 open contracts at this strike prior to today, and today 843 contract(s) were bought and sold.
• For ADI (NASDAQ:ADI), we notice a put option sweep that happens to be bearish, expiring in 235 day(s) on March 17, 2023. This event was a transfer of 136 contract(s) at a $130.00 strike. This particular put needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $74.7K, with a price of $545.0 per contract. There were 1 open contracts at this strike prior to today, and today 733 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on July 29, 2022. This event was a transfer of 30 contract(s) at a $255.00 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 $27.1K, with a price of $905.0 per contract. There were 1255 open contracts at this strike prior to today, and today 628 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.
