| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
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| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
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| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
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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.
Below are some instances of options activity happening in the Information Technology sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NVDA | CALL | SWEEP | BULLISH | 04/19/24 | $850.00 | $32.8K | 10.8K | 50.6K |
| MRVL | CALL | SWEEP | BULLISH | 07/19/24 | $72.50 | $185.7K | 13.3K | 10.7K |
| AAPL | PUT | SWEEP | BEARISH | 04/26/24 | $165.00 | $113.5K | 7.7K | 6.2K |
| BSY | CALL | SWEEP | BULLISH | 05/17/24 | $50.00 | $26.4K | 4.0K | 3.5K |
| SMCI | CALL | SWEEP | BEARISH | 04/19/24 | $990.00 | $144.8K | 642 | 1.2K |
| TSM | PUT | TRADE | NEUTRAL | 04/26/24 | $135.00 | $49.0K | 1.2K | 1.1K |
| CRM | PUT | SWEEP | BEARISH | 04/19/24 | $275.00 | $46.5K | 821 | 459 |
| AKAM | CALL | SWEEP | BEARISH | 01/17/25 | $100.00 | $39.7K | 3.1K | 437 |
| SNOW | PUT | TRADE | BULLISH | 01/17/25 | $125.00 | $55.4K | 3.4K | 235 |
| MSTR | PUT | TRADE | NEUTRAL | 04/19/24 | $1250.00 | $240.0K | 465 | 209 |
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding NVDA (NASDAQ:NVDA), we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 45 contract(s) at a $850.00 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 $32.8K, with a price of $730.0 per contract. There were 10827 open contracts at this strike prior to today, and today 50621 contract(s) were bought and sold.
• Regarding MRVL (NASDAQ:MRVL), we observe a call option sweep with bullish sentiment. It expires in 92 day(s) on July 19, 2024. Parties traded 509 contract(s) at a $72.50 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 $185.7K, with a price of $365.0 per contract. There were 13399 open contracts at this strike prior to today, and today 10774 contract(s) were bought and sold.
• Regarding AAPL (NASDAQ:AAPL), we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on April 26, 2024. Parties traded 700 contract(s) at a $165.00 strike. This particular put needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $113.5K, with a price of $163.0 per contract. There were 7711 open contracts at this strike prior to today, and today 6283 contract(s) were bought and sold.
• For BSY (NASDAQ:BSY), we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 60 contract(s) at a $50.00 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 $440.0 per contract. There were 4040 open contracts at this strike prior to today, and today 3536 contract(s) were bought and sold.
• For SMCI (NASDAQ:SMCI), we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on April 19, 2024. This event was a transfer of 181 contract(s) at a $990.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $144.8K, with a price of $800.0 per contract. There were 642 open contracts at this strike prior to today, and today 1206 contract(s) were bought and sold.
• For TSM (NYSE:TSM), we notice a put option trade that happens to be neutral, expiring in 8 day(s) on April 26, 2024. This event was a transfer of 100 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $49.0K, with a price of $490.0 per contract. There were 1247 open contracts at this strike prior to today, and today 1122 contract(s) were bought and sold.
• Regarding CRM (NYSE:CRM), we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 100 contract(s) at a $275.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $465.0 per contract. There were 821 open contracts at this strike prior to today, and today 459 contract(s) were bought and sold.
• For AKAM (NASDAQ:AKAM), we notice a call option sweep that happens to be bearish, expiring in 274 day(s) on January 17, 2025. This event was a transfer of 29 contract(s) at a $100.00 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 $39.7K, with a price of $1370.0 per contract. There were 3139 open contracts at this strike prior to today, and today 437 contract(s) were bought and sold.
• Regarding SNOW (NYSE:SNOW), we observe a put option trade with bullish sentiment. It expires in 274 day(s) on January 17, 2025. Parties traded 46 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $55.4K, with a price of $1205.0 per contract. There were 3438 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold.
• Regarding MSTR (NASDAQ:MSTR), we observe a put option trade with neutral sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 50 contract(s) at a $1250.00 strike. The total cost received by the writing party (or parties) was $240.0K, with a price of $4800.0 per contract. There were 465 open contracts at this strike prior to today, and today 209 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 news on unusual options activity.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
