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 |
|---|---|---|---|---|---|---|---|---|
| NVDA | CALL | SWEEP | BEARISH | 07/29/22 | $180.00 | $25.2K | 10.6K | 21.7K |
| AMD | CALL | SWEEP | BULLISH | 07/29/22 | $89.00 | $26.4K | 5.4K | 20.6K |
| MSFT | CALL | SWEEP | BEARISH | 09/16/22 | $290.00 | $26.6K | 9.9K | 9.4K |
| V | PUT | SWEEP | BEARISH | 07/29/22 | $200.00 | $27.5K | 2.2K | 6.6K |
| PYPL | CALL | SWEEP | BEARISH | 07/29/22 | $84.00 | $68.7K | 3.0K | 5.6K |
| AAPL | CALL | SWEEP | BEARISH | 08/19/22 | $165.00 | $45.8K | 29.0K | 3.9K |
| ZM | PUT | TRADE | NEUTRAL | 09/16/22 | $85.00 | $187.8K | 3.1K | 1.7K |
| QCOM | CALL | SWEEP | BEARISH | 08/19/22 | $170.00 | $130.2K | 2.1K | 1.1K |
| MA | CALL | SWEEP | NEUTRAL | 09/16/22 | $375.00 | $29.5K | 140 | 843 |
| ZUO | PUT | TRADE | BEARISH | 09/16/22 | $8.00 | $32.2K | 601 | 600 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NVDA (NASDAQ:NVDA), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 183 contract(s) at a $180.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $138.0 per contract. There were 10609 open contracts at this strike prior to today, and today 21731 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a call option sweep that happens to be bullish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 200 contract(s) at a $89.00 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 $26.4K, with a price of $132.0 per contract. There were 5447 open contracts at this strike prior to today, and today 20647 contract(s) were bought and sold.
• Regarding MSFT (NASDAQ:MSFT), we observe a call option sweep with bearish sentiment. It expires in 51 day(s) on September 16, 2022. Parties traded 130 contract(s) at a $290.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $26.6K, with a price of $205.0 per contract. There were 9942 open contracts at this strike prior to today, and today 9462 contract(s) were bought and sold.
• For V (NYSE:V), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 101 contract(s) at a $200.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $277.0 per contract. There were 2238 open contracts at this strike prior to today, and today 6622 contract(s) were bought and sold.
• Regarding PYPL (NASDAQ:PYPL), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on July 29, 2022. Parties traded 229 contract(s) at a $84.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $68.7K, with a price of $300.0 per contract. There were 3060 open contracts at this strike prior to today, and today 5684 contract(s) were bought and sold.
• For AAPL (NASDAQ:AAPL), we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on August 19, 2022. This event was a transfer of 395 contract(s) at a $165.00 strike. This particular call needed to be split into 79 different trades to become filled. The total cost received by the writing party (or parties) was $45.8K, with a price of $115.0 per contract. There were 29037 open contracts at this strike prior to today, and today 3980 contract(s) were bought and sold.
• For ZM (NASDAQ:ZM), we notice a put option trade that happens to be neutral, expiring in 51 day(s) on September 16, 2022. This event was a transfer of 442 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $187.8K, with a price of $425.0 per contract. There were 3109 open contracts at this strike prior to today, and today 1737 contract(s) were bought and sold.
• For QCOM (NASDAQ:QCOM), we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on August 19, 2022. This event was a transfer of 794 contract(s) at a $170.00 strike. This particular call needed to be split into 65 different trades to become filled. The total cost received by the writing party (or parties) was $130.2K, with a price of $164.0 per contract. There were 2132 open contracts at this strike prior to today, and today 1156 contract(s) were bought and sold.
• Regarding MA (NYSE:MA), we observe a call option sweep with neutral sentiment. It expires in 51 day(s) on September 16, 2022. Parties traded 100 contract(s) at a $375.00 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 $29.5K, with a price of $302.0 per contract. There were 140 open contracts at this strike prior to today, and today 843 contract(s) were bought and sold.
• For ZUO (NYSE:ZUO), we notice a put option trade that happens to be bearish, expiring in 51 day(s) on September 16, 2022. This event was a transfer of 538 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $60.0 per contract. There were 601 open contracts at this strike prior to today, and today 600 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.
