This whale alert can help traders spot the next big trading opportunity.
Whales are big money entities and we track their transactions here at Benzinga in our options activity scanner.
Traders will look for circumstances where the market valuation of an option differs greatly from its normal value. High amounts of trading activity can push option prices to overstated or understated levels.
Below are some instances of options activity occurring in the Information Technology sector:
| symbol | PUT/CALL | Type of trade | Feeling | Exp. date | Fixed price | Total trade price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | call | commerce | BULLY | 19.08.22 | $175.00 | 38.7 thousand dollars | 64.4K | 150.4K |
| NVDA | call | ERASE | wave | 09/02/22 | $200.00 | 53.0 thousand dollars | 1.6 thousand | 1.6 thousand |
| CSCO | call | commerce | wave | 16.06.23 | $50.00 | 25.8 thousand dollars | 4.0K | 1.3K |
| BIG | SETTLING | commerce | wave | 19.08.22 | $104.00 | 40.5 thousand dollars | 1.7 thousand | 724 |
| PYPL | SETTLING | commerce | wave | 26.08.22 | $98.00 | 58.2 thousand dollars | 298 | 546 |
| TXN | SETTLING | commerce | wave | 26.08.22 | $175.00 | 39.9 thousand dollars | 157 | 460 |
| STM | call | commerce | wave | 21.10.22 | $30.00 | 36.5 thousand dollars | 960 | 250 |
| FIVN | call | ERASE | BULLY | 19.08.22 | $105.00 | 30.1 thousand dollars | 2.9 thousand | 224 |
| Panwa | call | ERASE | BULLY | 16.09.22 | $520.00 | 300.0 thousand dollars | 1.4K | 178 |
| MSFT | call | ERASE | BULLY | 16.09.22 | $250.00 | 437.0 thousand dollars | 5.2 thousand | 168 |
Explanation
These detailed elaborations are created using the accompanying table.
• In relation to AAPL AAPLwe observe a CALL Optional trade with wave feeling. Expires in 2 days August 19, 2022. Parties trade 300 contract(s) in a $175.00 strike The total cost received by the writing party (or parties) was 38.7 thousand dollarsat a price of $129.0 for contract. HAD 64484 open contracts in this strike before today and today 150487 contracts are bought and sold.
• In relation to NVDA NVDAwe observe a CALL Optional rub with wave feeling. Expires after 16 days September 2, 2022. Parties trade 198 contract(s) in a $200.00 strike This particular call had to be split into 11 different trades to complete. The total cost received by the writing party (or parties) was 53.0 thousand dollarsat a price of $268.0 for contract. HAD 1623 open contracts in this strike before today and today 1600 contracts are bought and sold.
• For CSCO CSCOwe note a CALL Optional trade which happens to be wavewhich expires after 303 days June 16, 2023. This event was a transfer of 76 contract(s) in a $50.00 strike The total cost received by the writing party (or parties) was 25.8 thousand dollarsat a price of $340.0 for contract. HAD 4002 open contracts in this strike before today and today 1305 contracts are bought and sold.
• For BIG BIGwe note a vein Optional trade which happens to be wavewhich expires after 2 days August 19, 2022. This event was a transfer of 200 contract(s) in a $104.00 strike The total cost received by the writing party (or parties) was 40.5 thousand dollarsat a price of $203.0 for contract. HAD 1774 open contracts in this strike before today and today 724 contracts are bought and sold.
• In relation to PYPL PYPLwe observe a vein Optional trade with wave feeling. It expires after 9 days August 26, 2022. Parties trade 300 contract(s) in a $98.00 strike The total cost received by the writing party (or parties) was 58.2 thousand dollarsat a price of $194.0 for contract. HAD 298 open contracts in this strike before today and today 546 contracts are bought and sold.
• For TXN TXNwe note a vein Optional trade which happens to be wavewhich expires after 9 days August 26, 2022. This event was a transfer of 150 contract(s) in a $175.00 strike The total cost received by the writing party (or parties) was 39.9 thousand dollarsat a price of $266.0 for contract. HAD 157 open contracts in this strike before today and today 460 contracts are bought and sold.
• For STM STMwe note a CALL Optional trade which happens to be wavewhich expires after 65 days October 21, 2022. This event was a transfer of 50 contract(s) in a $30.00 strike The total cost received by the writing party (or parties) was 36.5 thousand dollarsat a price of $730.0 for contract. HAD 960 open contracts in this strike before today and today 250 contracts are bought and sold.
• For FIVN FIVNwe note a CALL Optional rub which happens to be wavewhich expires after 2 days August 19, 2022. This event was a transfer of 45 contract(s) in a $105.00 strike This particular call had to be split into 3 different trades to complete. The total cost received by the writing party (or parties) was 30.1 thousand dollarsat a price of $670.0 for contract. HAD 2910 open contracts in this strike before today and today 224 contracts are bought and sold.
• In relation to Panwa Panwawe observe a CALL Optional rub with wave feeling. Expires after 30 days September 16, 2022. Parties trade 121 contract(s) in a $520.00 strike This particular call had to be split into 3 different trades to complete. The total cost received by the writing party (or parties) was 300.0 thousand dollarsat a price of $2480.0 for contract. HAD 1457 open contracts in this strike before today and today 178 contracts are bought and sold.
• In relation to MSFT MSFTwe observe a CALL Optional rub with wave feeling. Expires after 30 days September 16, 2022. Parties trade 102 contract(s) in a $250.00 strike This particular call had to be split into 18 different trades to complete. The total cost received by the writing party (or parties) was 437.0 thousand dollarsat a price of $4,285.0 for contract. HAD 5270 open contracts in this strike before today and today 168 contracts are bought and sold.
Options Alert Terminology
– Call contracts: The right to purchase shares as indicated in the contract.
– Set up 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 they wish to use it.
– Premium Price/Option: Contract price.
For more information, visit our website Guide to Understanding Option Alerts or read more news on unusual options activity.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.