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 |
|---|---|---|---|---|---|---|---|---|
| META | CALL | SWEEP | BULLISH | 11/04/22 | $105.00 | $135.6K | 106 | 26.7K |
| NFLX | CALL | SWEEP | BEARISH | 10/28/22 | $295.00 | $49.0K | 3.1K | 2.9K |
| VZ | PUT | SWEEP | NEUTRAL | 01/19/24 | $25.00 | $117.0K | 2.0K | 2.0K |
| GOOGL | PUT | TRADE | BEARISH | 01/17/25 | $80.00 | $57.3K | 1.2K | 721 |
| PINS | CALL | SWEEP | BULLISH | 11/04/22 | $24.00 | $74.4K | 429 | 712 |
| ROKU | PUT | SWEEP | BEARISH | 06/16/23 | $80.00 | $28.4K | 280 | 263 |
| TTD | PUT | TRADE | BEARISH | 10/28/22 | $57.00 | $35.0K | 1.0K | 120 |
| GOOG | PUT | SWEEP | BULLISH | 06/16/23 | $140.00 | $67.5K | 3.7K | 57 |
| DIS | PUT | TRADE | BEARISH | 02/17/23 | $120.00 | $27.1K | 177 | 46 |
| WB | PUT | TRADE | BULLISH | 01/20/23 | $45.00 | $33.0K | 160 | 40 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For META (NASDAQ:META), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on November 4, 2022. This event was a transfer of 737 contract(s) at a $105.00 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 $135.6K, with a price of $184.0 per contract. There were 106 open contracts at this strike prior to today, and today 26710 contract(s) were bought and sold.
• Regarding NFLX (NASDAQ:NFLX), we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on October 28, 2022. Parties traded 70 contract(s) at a $295.00 strike. This particular call needed to be split into 70 different trades to become filled. The total cost received by the writing party (or parties) was $49.0K, with a price of $700.0 per contract. There were 3117 open contracts at this strike prior to today, and today 2947 contract(s) were bought and sold.
• Regarding VZ (NYSE:VZ), we observe a put option sweep with neutral sentiment. It expires in 449 day(s) on January 19, 2024. Parties traded 1000 contract(s) at a $25.00 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 $117.0K, with a price of $117.0 per contract. There were 2076 open contracts at this strike prior to today, and today 2035 contract(s) were bought and sold.
• For GOOGL (NASDAQ:GOOGL), we notice a put option trade that happens to be bearish, expiring in 813 day(s) on January 17, 2025. This event was a transfer of 60 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $57.3K, with a price of $955.0 per contract. There were 1237 open contracts at this strike prior to today, and today 721 contract(s) were bought and sold.
• For PINS (NYSE:PINS), we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on November 4, 2022. This event was a transfer of 580 contract(s) at a $24.00 strike. This particular call needed to be split into 396 different trades to become filled. The total cost received by the writing party (or parties) was $74.4K, with a price of $129.0 per contract. There were 429 open contracts at this strike prior to today, and today 712 contract(s) were bought and sold.
• For ROKU (NASDAQ:ROKU), we notice a put option sweep that happens to be bearish, expiring in 232 day(s) on June 16, 2023. This event was a transfer of 9 contract(s) at a $80.00 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 $28.4K, with a price of $3160.0 per contract. There were 280 open contracts at this strike prior to today, and today 263 contract(s) were bought and sold.
• Regarding TTD (NASDAQ:TTD), we observe a put option trade with bearish sentiment. It expires in 1 day(s) on October 28, 2022. Parties traded 115 contract(s) at a $57.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $305.0 per contract. There were 1029 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.
• For GOOG (NASDAQ:GOOG), we notice a put option sweep that happens to be bullish, expiring in 232 day(s) on June 16, 2023. This event was a transfer of 15 contract(s) at a $140.00 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 $67.5K, with a price of $4500.0 per contract. There were 3785 open contracts at this strike prior to today, and today 57 contract(s) were bought and sold.
• Regarding DIS (NYSE:DIS), we observe a put option trade with bearish sentiment. It expires in 113 day(s) on February 17, 2023. Parties traded 16 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $27.1K, with a price of $1695.0 per contract. There were 177 open contracts at this strike prior to today, and today 46 contract(s) were bought and sold.
• Regarding WB (NASDAQ:WB), we observe a put option trade with bullish sentiment. It expires in 85 day(s) on January 20, 2023. Parties traded 10 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $33.0K, with a price of $3300.0 per contract. There were 160 open contracts at this strike prior to today, and today 40 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.
