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 |
|---|---|---|---|---|---|---|---|---|
| MSFT | CALL | SWEEP | BEARISH | 10/21/22 | $240.00 | $63.0K | 20.8K | 25.4K |
| NVDA | CALL | TRADE | BEARISH | 10/21/22 | $122.00 | $26.4K | 5.5K | 17.7K |
| AEHR | CALL | TRADE | BULLISH | 01/19/24 | $2.50 | $352.0K | 4.9K | 4.5K |
| SNOW | PUT | SWEEP | BULLISH | 10/28/22 | $160.00 | $37.4K | 384 | 1.0K |
| CSCO | PUT | SWEEP | BEARISH | 01/20/23 | $45.00 | $176.6K | 31.2K | 653 |
| V | PUT | TRADE | NEUTRAL | 11/04/22 | $175.00 | $31.4K | 223 | 510 |
| CALX | CALL | SWEEP | BULLISH | 11/18/22 | $65.00 | $28.5K | 698 | 446 |
| AAPL | PUT | TRADE | BULLISH | 01/19/24 | $150.00 | $37.1K | 23.2K | 206 |
| STNE | CALL | SWEEP | BEARISH | 10/21/22 | $8.00 | $46.0K | 608 | 200 |
| AMD | CALL | TRADE | NEUTRAL | 11/11/22 | $54.00 | $38.4K | 38 | 137 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For MSFT (NASDAQ:MSFT), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 685 contract(s) at a $240.00 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 $63.0K, with a price of $92.0 per contract. There were 20814 open contracts at this strike prior to today, and today 25454 contract(s) were bought and sold.
• For NVDA (NASDAQ:NVDA), we notice a call option trade that happens to be bearish, is expiring today. Parties traded 152 contract(s) at a $122.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $174.0 per contract. There were 5577 open contracts at this strike prior to today, and today 17787 contract(s) were bought and sold.
• For AEHR (NASDAQ:AEHR), we notice a call option trade that happens to be bullish, expiring in 455 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $352.0K, with a price of $1760.0 per contract. There were 4900 open contracts at this strike prior to today, and today 4516 contract(s) were bought and sold.
• For SNOW (NYSE:SNOW), we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on October 28, 2022. This event was a transfer of 180 contract(s) at a $160.00 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 $37.4K, with a price of $211.0 per contract. There were 384 open contracts at this strike prior to today, and today 1084 contract(s) were bought and sold.
• For CSCO (NASDAQ:CSCO), we notice a put option sweep that happens to be bearish, expiring in 91 day(s) on January 20, 2023. This event was a transfer of 447 contract(s) at a $45.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $176.6K, with a price of $395.0 per contract. There were 31246 open contracts at this strike prior to today, and today 653 contract(s) were bought and sold.
• Regarding V (NYSE:V), we observe a put option trade with neutral sentiment. It expires in 14 day(s) on November 4, 2022. Parties traded 192 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $31.4K, with a price of $164.0 per contract. There were 223 open contracts at this strike prior to today, and today 510 contract(s) were bought and sold.
• For CALX (NYSE:CALX), we notice a call option sweep that happens to be bullish, expiring in 28 day(s) on November 18, 2022. This event was a transfer of 100 contract(s) at a $65.00 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 $28.5K, with a price of $285.0 per contract. There were 698 open contracts at this strike prior to today, and today 446 contract(s) were bought and sold.
• Regarding AAPL (NASDAQ:AAPL), we observe a put option trade with bullish sentiment. It expires in 455 day(s) on January 19, 2024. Parties traded 18 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $37.1K, with a price of $2065.0 per contract. There were 23269 open contracts at this strike prior to today, and today 206 contract(s) were bought and sold.
• For STNE (NASDAQ:STNE), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 200 contract(s) at a $8.00 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 $46.0K, with a price of $230.0 per contract. There were 608 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a call option trade that happens to be neutral, expiring in 21 day(s) on November 11, 2022. This event was a transfer of 62 contract(s) at a $54.00 strike. The total cost received by the writing party (or parties) was $38.4K, with a price of $620.0 per contract. There were 38 open contracts at this strike prior to today, and today 137 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.
