This whale alert can help traders discover the next big trade opportunities.
Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances where an option’s market estimate deviates from its normal value. Abnormal volumes of trading activity could drive option prices to hyperbolic or underperforming levels.
Below are some examples of options activities in the information technology sector:
| symbol | PUT/CALL | Kind of trade | Feeling | Exp. Dated | Strike price | Total trade price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | TO CALL | TO SWEEP UP | BULLISH | 01/21/22 | $172.50 | $75.9,000 | 10.0K | 23.1K |
| INTC | TO CALL | TO SWEEP UP | NEUTRAL | 04/14/22 | $60.00 | $26.8,000 | 8.7K | 14.2K |
| TSM | TO PUT | TO SWEEP UP | BULLISH | 01/21/22 | $144.00 | $43.6,000 | 352 | 6.5K |
| MSFT | TO PUT | TO SWEEP UP | NEUTRAL | 01/28/22 | $300.00 | $286,000 | 2.1K | 4.3K |
| TO PAY | TO PUT | TO SWEEP UP | BULLISH | 02/18/22 | $25.00 | $458.3K | 0 | 3.0K |
| AMD | TO CALL | TO SWEEP UP | BEARISH | 04/02/22 | $130.00 | $33,000 | 541 | 2.8K |
| NVDA | TO PUT | TRADE | BEARISH | 02/18/22 | $265.00 | $63,300 | 3.5K | 2.8K |
| CSCO | TO CALL | TRADE | BEARISH | 02/18/22 | $65.00 | $142,800 | 7.4K | 2.6K |
| AMAT | TO CALL | TRADE | BEARISH | 06/17/22 | $210.00 | $517,500 | 658 | 1.5K |
| REPORT | TO PUT | TO SWEEP UP | BULLISH | 01/19/24 | $75.00 | $341,000 | seven | 625 |
Explanation
These bullet-by-bullet explanations have been constructed using the attached table.
• Regarding AAPL (NASDAQ:AAPL), we observe a to call option to sweep up with bullish feeling. It expires in 7 day(s) on January 21, 2022. Parts exchanged 300 one-to-one contract(s) $172.50 to hit. This particular call had to be split into 15 different trades to be filled. The total cost received by the writing party (or parties) has been $75.9,000, with a price of $253.0 by contract. There was 10059 contracts open to this strike before today, and today 23196 contract(s) have been bought and sold.
• For INTC (NASDAQ:INTC), we notice a to call option to sweep up it happens to be neutral, expiring in 90 day(s) on April 14, 2022. This event was a transfer of 162 one-to-one contract(s) $60.00 to hit. This particular call had to be split into 3 different trades to be filled. The total cost received by the writing party (or parties) has been $26.8,000, with a price of $166.0 by contract. There was 8783 contracts open to this strike before today, and today 14232 contract(s) have been bought and sold.
• For TSM (NYSE:TSM), we notice a to put option to sweep up it happens to be bullish, expiring in 7 day(s) on January 21, 2022. This event was a transfer of 112 one-to-one contract(s) $144.00 to hit. This particular position had to be divided into 21 different trades to be filled. The total cost received by the writing party (or parties) has been $43.6,000, with a price of $390.0 by contract. There was 352 contracts open to this strike before today, and today 6587 contract(s) have been bought and sold.
• Regarding MSFT (NASDAQ:MSFT), we observe a to put option to sweep up with neutral feeling. It expires in 14 day(s) on January 28, 2022. Parts exchanged 550 one-to-one contract(s) $300.00 to hit. This particular put had to be split into 4 different trades to be filled. The total cost received by the writing party (or parties) has been $286,000, with a price of $520.0 by contract. There was 2182 contracts open to this strike before today, and today 4367 contract(s) have been bought and sold.
• For TO PAY (NYSE:PAY), we notice a to put option to sweep up it happens to be bullish, expiring in 35 day(s) on February 18, 2022. This event was a transfer of 2250 one-to-one contract(s) $25.00 to hit. This particular put had to be split into 3 different trades to be filled. The total cost received by the writing party (or parties) has been $458.3K, with a price of $218.0 by contract. There was 0 contracts open to this strike before today, and today 3000 contract(s) have been bought and sold.
• Regarding AMD (NASDAQ:AMD), we observe a to call option to sweep up with bearish feeling. It expires in 21 day(s) on February 4, 2022. Parts exchanged 30 one-to-one contract(s) $130.00 to hit. This particular call had to be split into 6 different trades to be filled. The total cost received by the writing party (or parties) has been $33,000, with a price of $1100.0 by contract. There was 541 contracts open to this strike before today, and today 2869 contract(s) have been bought and sold.
• Regarding NVDA (NASDAQ:NVDA), we observe a to put option Trade with bearish feeling. It expires in 35 day(s) on February 18, 2022. Parts exchanged 41 one-to-one contract(s) $265.00 to hit. The total cost received by the writing party (or parties) has been $63,300, with a price of $1545.0 by contract. There was 3535 contracts open to this strike before today, and today 2812 contract(s) have been bought and sold.
• For CSCO (NASDAQ:CSCO), we notice a to call option Trade it happens to be bearish, expiring in 35 day(s) on February 18, 2022. This event was a transfer of 2100 one-to-one contract(s) $65.00 to hit. The total cost received by the writing party (or parties) has been $142,800, with a price of $68.0 by contract. There was 7480 contracts open to this strike before today, and today 2696 contract(s) have been bought and sold.
• Regarding AMAT (NASDAQ:AMAT), we observe a to call option Trade with bearish feeling. It expires in 154 day(s) on June 17, 2022. Parts exchanged 1500 one-to-one contract(s) $210.00 to hit. The total cost received by the writing party (or parties) has been $517,500, with a price of $345.0 by contract. There was 658 contracts open to this strike before today, and today 1500 contract(s) have been bought and sold.
• For REPORT (NYSE:NET), we notice a to put option to sweep up it happens to be bullish, expiring in 735 day(s) on January 19, 2024. This event was a transfer of 200 one-to-one contract(s) $75.00 to hit. This particular sale had to be split into 20 different trades to be fulfilled. The total cost received by the writing party (or parties) has been $341,000, with a price of $1705.0 by contract. There was seven contracts open to this strike before today, and today 625 contract(s) have been bought and sold.
Options Alert Terminology
– Call contracts: The right to purchase shares as stated in the contract.
– Put contracts: The right to sell shares as stated in the contract.
– Expiration date: When the contract expires. We must act on the contract on this date if we want to use it.
– Premium/Option Price: The contract price.
For more information visit our Guide to Understanding Options Alerts or read more news about unusual options activity.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
