| 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 | 02/23/24 | $800.00 | $30.3K | 23.1K | 128.5K |
| AMD | CALL | SWEEP | BULLISH | 03/01/24 | $175.00 | $63.0K | 4.2K | 7.3K |
| PLTR | CALL | SWEEP | BEARISH | 03/01/24 | $23.50 | $33.6K | 4.8K | 5.3K |
| SMCI | PUT | SWEEP | BULLISH | 02/23/24 | $820.00 | $42.3K | 1.4K | 4.4K |
| INDI | CALL | SWEEP | BEARISH | 05/17/24 | $7.50 | $60.2K | 2.2K | 3.0K |
| MSFT | CALL | SWEEP | BEARISH | 03/01/24 | $417.50 | $42.9K | 1.0K | 2.4K |
| MSTR | PUT | SWEEP | BULLISH | 02/23/24 | $680.00 | $27.9K | 679 | 1.2K |
| MARA | PUT | TRADE | NEUTRAL | 03/01/24 | $25.00 | $53.7K | 2.1K | 799 |
| AVGO | CALL | TRADE | NEUTRAL | 03/01/24 | $1310.00 | $42.5K | 252 | 540 |
| MU | CALL | TRADE | BULLISH | 03/15/24 | $90.00 | $40.5K | 20.3K | 499 |
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For NVDA (NASDAQ:NVDA), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 100 contract(s) at a $800.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $305.0 per contract. There were 23117 open contracts at this strike prior to today, and today 128502 contract(s) were bought and sold.
• Regarding AMD (NASDAQ:AMD), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on March 1, 2024. Parties traded 140 contract(s) at a $175.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $63.0K, with a price of $450.0 per contract. There were 4280 open contracts at this strike prior to today, and today 7330 contract(s) were bought and sold.
• Regarding PLTR (NYSE:PLTR), we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on March 1, 2024. Parties traded 600 contract(s) at a $23.50 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 $33.6K, with a price of $56.0 per contract. There were 4884 open contracts at this strike prior to today, and today 5382 contract(s) were bought and sold.
• For SMCI (NASDAQ:SMCI), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 180 contract(s) at a $820.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $235.0 per contract. There were 1460 open contracts at this strike prior to today, and today 4446 contract(s) were bought and sold.
• Regarding INDI (NASDAQ:INDI), we observe a call option sweep with bearish sentiment. It expires in 84 day(s) on May 17, 2024. Parties traded 2000 contract(s) at a $7.50 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $60.2K, with a price of $30.0 per contract. There were 2296 open contracts at this strike prior to today, and today 3018 contract(s) were bought and sold.
• Regarding MSFT (NASDAQ:MSFT), we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on March 1, 2024. Parties traded 300 contract(s) at a $417.50 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 $42.9K, with a price of $143.0 per contract. There were 1099 open contracts at this strike prior to today, and today 2401 contract(s) were bought and sold.
• For MSTR (NASDAQ:MSTR), we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 340 contract(s) at a $680.00 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 $27.9K, with a price of $82.0 per contract. There were 679 open contracts at this strike prior to today, and today 1223 contract(s) were bought and sold.
• Regarding MARA (NASDAQ:MARA), we observe a put option trade with neutral sentiment. It expires in 7 day(s) on March 1, 2024. Parties traded 240 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $53.7K, with a price of $224.0 per contract. There were 2119 open contracts at this strike prior to today, and today 799 contract(s) were bought and sold.
• For AVGO (NASDAQ:AVGO), we notice a call option trade that happens to be neutral, expiring in 7 day(s) on March 1, 2024. This event was a transfer of 20 contract(s) at a $1310.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $2125.0 per contract. There were 252 open contracts at this strike prior to today, and today 540 contract(s) were bought and sold.
• Regarding MU (NASDAQ:MU), we observe a call option trade with bullish sentiment. It expires in 21 day(s) on March 15, 2024. Parties traded 300 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $40.5K, with a price of $135.0 per contract. There were 20362 open contracts at this strike prior to today, and today 499 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.
