This whale signal can help traders find the next big trading 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 the market valuation of an option deviates from its normal value. Unusual amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Below are some examples of options activity occurring in the information technology sector:
| Symbol | PUT/CALL | Trade type | moods | Exp. Date | Strike Price | Total trade price | Open interest | Sound volume |
|---|---|---|---|---|---|---|---|---|
| MSFT | CALL | SWEEP | BEARS | 08/05/22 | $280.00 | 45.5 thousand dollars | 7.3K | 20.1K |
| AAPL | CALL | TRADE | BEARS | 21.10.22 | $165.00 | 47.5 thousand dollars | 32.0K | 4.3K |
| QCOM | CALL | SWEEP | NEUTRAL | 21.10.22 | $165.00 | 93.9 thousand dollars | 59.2K | 3.8K |
| acr | CALL | TRADE | NEUTRAL | 17.03.23 | $5.00 | 28.5 thousand dollars | 3.9K | 2.7K |
| CAMP | CALL | TRADE | WHIP | 17.03.23 | $2.50 | 124.2 thousand dollars | 4.1K | 2.5K |
| PYPL | CALL | TRADE | WHIP | 16.09.22 | $97.50 | 96.7 thousand dollars | 2.9K | 1.3K |
| FSLR | I PUT | TRADE | BEARS | 19.01.24 | $85.00 | $130.0K | 48 | 1.0K |
| WU | I PUT | TRADE | BEARS | 18.11.22 | $15.00 | $29.3K | 1.9K | 669 |
| TWLO | CALL | SWEEP | WHIP | 08/05/22 | $110.00 | 25.4 thousand dollars | 571 | 558 |
| MSTR | CALL | SWEEP | NEUTRAL | 08/05/22 | $330.00 | 54.1 thousand dollars | 161 | 515 |
Explanation
These detailed developments were created using the accompanying table.
• For MSFT MSFTwe notice a call option swept away it happens to be bearsexpiring in 2 days on August 5, 2022. This event was a transfer of 100 contract(s) at a $280.00 strike. This particular call had to be split into 12 different trades to execute. The total costs received by the writing party (or parties) were 45.5 thousand dollarswith a price of $455.0 of contract. There was 7322 open contracts in this strike before today and today 20129 contract(s) were bought and sold.
• About AAPL AAPLwe observe a call option trade with bears moods. Expires after 79 days on October 21, 2022. The sides trade 50 contract(s) at a $165.00 strike. The total costs received by the writing party (or parties) were 47.5 thousand dollarswith a price of 950.0 dollars of contract. There was 32034 open contracts in this strike before today and today 4374 contract(s) were bought and sold.
• For QCOM QCOMwe notice a call option swept away it happens to be neutralexpiring after 79 days of October 21, 2022. This event was a transfer of 202 contract(s) at a $165.00 strike. This particular call had to be split into 4 different trades to execute. The total costs received by the writing party (or parties) were 93.9 thousand dollarswith a price of $465.0 of contract. There was 59282 open contracts in this strike before today and today 3816 contract(s) were bought and sold.
• For acr acrwe notice a call option trade it happens to be neutralexpiring after 226 days of March 17, 2023. This event was a transfer of 30 contract(s) at a $5.00 strike. The total costs received by the writing party (or parties) were 28.5 thousand dollarswith a price of 950.0 dollars of contract. There was 3900 open contracts in this strike before today and today 2780 contract(s) were bought and sold.
• About CAMP CAMPwe observe a call option trade with bulls moods. Expires after 226 days on March 17, 2023. The sides trade 436 contract(s) at a $2.50 strike. The total costs received by the writing party (or parties) were 124.2 thousand dollarswith a price of 285.0 dollars of contract. There was 4130 open contracts in this strike before today and today 2503 contract(s) were bought and sold.
• For PYPL PYPLwe notice a call option trade it happens to be bullsexpiring after 44 days of September 16, 2022. This event was a transfer of 150 contract(s) at a $97.50 strike. The total costs received by the writing party (or parties) were 96.7 thousand dollarswith a price of $645.0 of contract. There was 2964 open contracts in this strike before today and today 1367 contract(s) were bought and sold.
• About FSLR FSLRwe observe a I put option trade with bears moods. Expires in 534 days on January 19, 2024. The sides trade 100 contract(s) at a $85.00 strike. The total costs received by the writing party (or parties) were $130.0Kwith a price of $1300.0 of contract. There was 48 open contracts in this strike before today and today 1046 contract(s) were bought and sold.
• About WU WUwe observe a I put option trade with bears moods. Expires after 107 days on November 18, 2022. The sides trade 667 contract(s) at a $15.00 strike. The total costs received by the writing party (or parties) were $29.3Kwith a price of 44.0 dollars of contract. There was 1953 open contracts in this strike before today and today 669 contract(s) were bought and sold.
• For TWLO TWLOwe notice a call option swept away it happens to be bullsexpiring in 2 days on August 5, 2022. This event was a transfer of 100 contract(s) at a $110.00 strike. This particular call had to be split into 4 different trades to execute. The total costs received by the writing party (or parties) were 25.4 thousand dollarswith a price of 253.0 dollars of contract. There was 571 open contracts in this strike before today and today 558 contract(s) were bought and sold.
• About MSTR MSTRwe observe a call option swept away with neutral moods. Expires in 2 days August 5, 2022. The sides trade 98 contract(s) at a $330.00 strike. This particular call had to be split into 5 different trades to execute. The total costs received by the writing party (or parties) were 54.1 thousand dollarswith a price of $550.0 of contract. There was 161 open contracts in this strike before today and today 515 contract(s) were bought and sold.
Option Warning Terminology
– Call contracts: Right to purchase shares as specified in the contract.
– Place contracts: Right to sell shares as specified in the contract.
– Expiry date: When the contract expires. One must act on the contract by that date if one wishes to use it.
– Premium/Option Price: The price of the contract.
For more information visit our A guide to understanding option warnings or read more news about unusual options.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.