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 PUT | TO SWEEP UP | BULLISH | 03/18/22 | $165.00 | $40,300 | 62.3K | 2.3K |
| MSFT | CALL | TRADE | BULLISH | 04/14/22 | $290.00 | $48,000 | 5.9K | 2.3K |
| GWRE | CALL | TO SWEEP UP | BEARISH | 03/18/22 | $95.00 | $28,800 | 9 | 943 |
| PYPL | TO PUT | TRADE | BEARISH | 06/17/22 | $200.00 | $31,200 | 12.9K | 385 |
| NOK | TO PUT | TRADE | BULLISH | 07/15/22 | $7.00 | $67.5,000 | 573 | 270 |
| PAG | CALL | TO SWEEP UP | BEARISH | 06/17/22 | $15.00 | $25.5,000 | 151 | 178 |
| PANW | TO PUT | TRADE | BULLISH | 09/16/22 | $470.00 | $28.5,000 | 12 | 122 |
| MU | CALL | TRADE | BULLISH | 06/17/22 | $92.50 | $30,100 | 1.5K | 113 |
| IIVI | TO PUT | TRADE | BULLISH | 01/20/23 | $75.00 | $173,000 | 9.0K | 100 |
| LRCX | CALL | TO SWEEP UP | BULLISH | 04/14/22 | $585.00 | $70.5,000 | 1.2K | 95 |
Explanation
These detailed elaborations were created using the attached table.
• For AAPL AAPLwe notice a to put option to sweep up it happens to be bullishexpiring in 11 day(s) on March 18, 2022. This event was a transfer of 67 one-to-one contract(s) $165.00 strike. This particular put had to be split into 9 different trades to be filled. The total cost received by the writing party (or parties) has been $40,300with a price of $602.0 by contract. There was 62320 contracts open to this strike before today, and today 2393 contract(s) have been bought and sold.
• Regarding MSFT MSFTwe observe a call option Trade with bullish feeling. It expires in 38 day(s) on April 14, 2022. Parts exchanged 50 one-to-one contract(s) $290.00 strike. The total cost received by the writing party (or parties) has been $48,000with a price of $960.0 by contract. There was 5904 contracts open to this strike before today, and today 2306 contract(s) have been bought and sold.
• For GWRE GWREwe notice a call option to sweep up it happens to be bearishexpiring in 11 day(s) on March 18, 2022. This event was a transfer of 107 one-to-one contract(s) $95.00 strike. This particular call had to be split into 5 different trades to be filled. The total cost received by the writing party (or parties) has been $28,800with a price of $270.0 by contract. There was 9 contracts open to this strike before today, and today 943 contract(s) have been bought and sold.
• Regarding PYPL PYPLwe observe a to put option Trade with bearish feeling. It expires in 102 day(s) on June 17, 2022. Parts exchanged 3 one-to-one contract(s) $200.00 strike. The total cost received by the writing party (or parties) has been $31,200with a price of $10428.0 by contract. There was 12908 contracts open to this strike before today, and today 385 contract(s) have been bought and sold.
• Regarding NOK NOKwe observe a to put option Trade with bullish feeling. It expires in 130 day(s) on July 15, 2022. Parts exchanged 270 one-to-one contract(s) $7.00 strike. The total cost received by the writing party (or parties) has been $67.5,000with a price of $250.0 by contract. There was 573 contracts open to this strike before today, and today 270 contract(s) have been bought and sold.
• Regarding PAG PAGwe observe a call option to sweep up with bearish feeling. It expires in 102 day(s) on June 17, 2022. Parts exchanged 176 one-to-one contract(s) $15.00 strike. 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 $25.5,000with a price of $145.0 by contract. There was 151 contracts open to this strike before today, and today 178 contract(s) have been bought and sold.
• For PANW PANWwe notice a to put option Trade it happens to be bullishexpiring in 193 day(s) on September 16, 2022. This event was a transfer of 8 one-to-one contract(s) $470.00 strike. The total cost received by the writing party (or parties) has been $28.5,000with a price of $3570.0 by contract. There was 12 contracts open to this strike before today, and today 122 contract(s) have been bought and sold.
• Regarding MU MUwe observe a call option Trade with bullish feeling. It expires in 102 day(s) on June 17, 2022. Parts exchanged 85 one-to-one contract(s) $92.50 strike. The total cost received by the writing party (or parties) has been $30,100with a price of $355.0 by contract. There was 1572 contracts open to this strike before today, and today 113 contract(s) have been bought and sold.
• Regarding IIVI IIVIwe observe a to put option Trade with bullish feeling. It expires in 319 day(s) on January 20, 2023. Parts exchanged 100 one-to-one contract(s) $75.00 strike. The total cost received by the writing party (or parties) has been $173,000with a price of $1730.0 by contract. There was 9062 contracts open to this strike before today, and today 100 contract(s) have been bought and sold.
• Regarding LRCX LRCXwe observe a call option to sweep up with bullish feeling. It expires in 38 day(s) on April 14, 2022. Parts exchanged 94 one-to-one contract(s) $585.00 strike. This particular call had to be split into 27 different trades to be filled. The total cost received by the writing party (or parties) has been $70.5,000with a price of $750.0 by contract. There was 1277 contracts open to this strike before today, and today 95 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 learn more about unusual options activity.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
