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 | CALL | SWEEP | BEARISH | 07/15/22 | $160.00 | $37.6K | 13.4K | 21.1K |
| MSFT | CALL | SWEEP | BEARISH | 07/15/22 | $255.00 | $36.0K | 14.3K | 4.6K |
| TSM | PUT | SWEEP | BULLISH | 07/15/22 | $77.00 | $66.0K | 1.1K | 4.4K |
| PYPL | PUT | SWEEP | BULLISH | 07/15/22 | $71.00 | $33.6K | 1.2K | 2.0K |
| AAPL | PUT | SWEEP | BULLISH | 07/29/22 | $138.00 | $25.2K | 539 | 1.4K |
| MU | CALL | SWEEP | BULLISH | 08/19/22 | $57.50 | $30.3K | 3.2K | 1.2K |
| CSCO | PUT | SWEEP | BULLISH | 12/16/22 | $40.00 | $27.4K | 5.9K | 1.1K |
| JKS | CALL | SWEEP | BEARISH | 12/16/22 | $60.00 | $69.5K | 17 | 950 |
| AMD | PUT | TRADE | BULLISH | 06/16/23 | $80.00 | $39.3K | 6.5K | 722 |
| AMAT | CALL | SWEEP | BULLISH | 08/19/22 | $90.00 | $274.4K | 546 | 512 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA (NASDAQ:NVDA), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on July 15, 2022. Parties traded 433 contract(s) at a $160.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $37.6K, with a price of $87.0 per contract. There were 13432 open contracts at this strike prior to today, and today 21158 contract(s) were bought and sold.
• For MSFT (NASDAQ:MSFT), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on July 15, 2022. This event was a transfer of 75 contract(s) at a $255.00 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 $36.0K, with a price of $480.0 per contract. There were 14326 open contracts at this strike prior to today, and today 4683 contract(s) were bought and sold.
• Regarding TSM (NYSE:TSM), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on July 15, 2022. Parties traded 750 contract(s) at a $77.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $66.0K, with a price of $88.0 per contract. There were 1194 open contracts at this strike prior to today, and today 4483 contract(s) were bought and sold.
• Regarding PYPL (NASDAQ:PYPL), we observe a put option sweep with bullish sentiment. It expires in 3 day(s) on July 15, 2022. Parties traded 222 contract(s) at a $71.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $151.0 per contract. There were 1238 open contracts at this strike prior to today, and today 2005 contract(s) were bought and sold.
• Regarding AAPL (NASDAQ:AAPL), we observe a put option sweep with bullish sentiment. It expires in 17 day(s) on July 29, 2022. Parties traded 128 contract(s) at a $138.00 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 $25.2K, with a price of $197.0 per contract. There were 539 open contracts at this strike prior to today, and today 1428 contract(s) were bought and sold.
• Regarding MU (NASDAQ:MU), we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on August 19, 2022. Parties traded 66 contract(s) at a $57.50 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 $30.3K, with a price of $460.0 per contract. There were 3256 open contracts at this strike prior to today, and today 1255 contract(s) were bought and sold.
• Regarding CSCO (NASDAQ:CSCO), we observe a put option sweep with bullish sentiment. It expires in 157 day(s) on December 16, 2022. Parties traded 134 contract(s) at a $40.00 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 $27.4K, with a price of $205.0 per contract. There were 5979 open contracts at this strike prior to today, and today 1112 contract(s) were bought and sold.
• For JKS (NYSE:JKS), we notice a call option sweep that happens to be bearish, expiring in 157 day(s) on December 16, 2022. This event was a transfer of 49 contract(s) at a $60.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $69.5K, with a price of $1420.0 per contract. There were 17 open contracts at this strike prior to today, and today 950 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a put option trade that happens to be bullish, expiring in 339 day(s) on June 16, 2023. This event was a transfer of 24 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $39.3K, with a price of $1640.0 per contract. There were 6588 open contracts at this strike prior to today, and today 722 contract(s) were bought and sold.
• For AMAT (NASDAQ:AMAT), we notice a call option sweep that happens to be bullish, expiring in 38 day(s) on August 19, 2022. This event was a transfer of 499 contract(s) at a $90.00 strike. This particular call needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $274.4K, with a price of $545.0 per contract. There were 546 open contracts at this strike prior to today, and today 512 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.
