This whale alert can help traders spot the next big trading opportunity.
Whales are big money entities and we track their transactions here at Benzinga in our options activity scanner.
Traders often look for circumstances when the market valuation of an option differs from its normal value. Abnormal amounts of trading activity can push option prices to hyperbolic or underperforming levels.
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Here is the list of options activities happening in today’s session:
| symbol | PUT/CALL | Type of trade | thought | Exp. date | Fixed price | Total trade price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AMD | call | ERASE | wave | 06/02/23 | $125.00 | 151.9 thousand dollars | 7.3 thousand | 18.4K |
| NVDA | call | TradE | wave | 06/02/23 | $380.00 | 121.0 thousand dollars | 5.1 thousand | 17.3 thousand |
| PLTR | call | ERASE | BULLY | 21.07.23 | $15.00 | 31.2 thousand dollars | 9.1 thousand | 11.0 thousand |
| IN | call | ERASE | wave | 06/02/23 | $75.00 | 28.0 thousand dollars | 636 | 6.4K |
| it | call | ERASE | NEUTRAL | 06/02/23 | $33.00 | 28.9 thousand dollars | 489 | 2.0K |
| net | call | ERASE | wave | 19.01.24 | $125.00 | 31.1 thousand dollars | 4.8 thousand | 2.0K |
| IBM | SETTLING | TradE | BULLY | 19.01.24 | $135.00 | 2.3 million dollars | 2.9 thousand | 2.0K |
| ADBE | call | ERASE | BULLY | 06/02/23 | $415.00 | 32.4 thousand dollars | 143 | 1.2K |
| SMCI | call | ERASE | BULLY | 21.07.23 | $230.00 | 79.8 thousand dollars | 276 | 1.2K |
| MURLY | call | ERASE | NEUTRAL | 18.08.23 | $65.00 | 68.9 thousand dollars | 1.3K | 1.0 thousand |
Explanation
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These point-by-point explanations are constructed using the accompanying chart.
• In relation to AMD (NASDAQ:AMD), we observe a CALL Optional RUB with wave thought. Expires after 7 days June 2, 2023. Parties trade 428 contract(s) in a $125.00 strike This particular call had to be split into 12 different trades to complete. The total cost received by the writing party (or parties) was 151.9 thousand dollarsat a price of $355.0 for contract. HAD 7348 open contracts in this strike before today and today 18477 contracts are bought and sold.
• In relation to NVDA (NASDAQ:NVDA), we observe a CALL Optional trade with wave thought. Expires after 7 days June 2, 2023. Parties trade 90 contract(s) in a $380.00 strike The total cost received by the writing party (or parties) was 121.0 thousand dollarsat a price of $1345.0 for contract. HAD 5168 open contracts in this strike before today and today 17365 contracts are bought and sold.
• In relation to PLTR (NYSE:PLTR), we observe a CALL Optional RUB with wave thought. Expires after 56 days July 21, 2023. Parties trade 300 contract(s) in a $15.00 strike This particular call had to be split into 18 different trades to complete. The total cost received by the writing party (or parties) was 31.2 thousand dollarsat a price of $104.0 for contract. HAD 9147 open contracts in this strike before today and today 11093 contracts are bought and sold.
• For IN (NASDAQ:MU), we note a CALL Optional RUB which happens to be wavewhich expires after 7 days June 2, 2023. This event was a transfer of 200 contract(s) in a $75.00 strike This particular call had to be split into 9 different trades to complete. The total cost received by the writing party (or parties) was 28.0 thousand dollarsat a price of $139.0 for contract. HAD 636 open contracts in this strike before today and today 6416 contracts are bought and sold.
• For it (NYSE:AI), we note a CALL Optional RUB which happens to be neutralwhich expires after 7 days June 2, 2023. This event was a transfer of 80 contract(s) in a $33.00 strike This particular call had to be split into 7 different trades to complete. The total cost received by the writing party (or parties) was 28.9 thousand dollarsat a price of $362.0 for contract. HAD 489 open contracts in this strike before today and today 2087 contracts are bought and sold.
• In relation to net (NYSE:NET), we observe a CALL Optional RUB with wave thought. It expires in 238 days January 19, 2024. Parties trade 238 contract(s) in a $125.00 strike This particular call had to be split into 20 different trades to fill. The total cost received by the writing party (or parties) was 31.1 thousand dollarsat a price of $131.0 for contract. HAD 4863 open contracts in this strike before today and today 2040 contracts are bought and sold.
• In relation to IBM (NYSE:IBM), we observe a vein Optional trade with wave thought. It expires in 238 days January 19, 2024. Parties trade 2000 contract(s) in a $135.00 strike The total cost received by the writing party (or parties) was 2.3 million dollarsat a price of $1150.0 for contract. HAD 2940 open contracts in this strike before today and today 2000 contracts are bought and sold.
• For ADBE (NASDAQ:ADBE), we note a CALL Optional RUB which happens to be wavewhich expires after 7 days June 2, 2023. This event was a transfer of 43 contract(s) in a $415.00 strike This particular call had to be split into 6 different trades to complete. The total cost received by the writing party (or parties) was 32.4 thousand dollarsat a price of $755.0 for contract. HAD 143 open contracts in this strike before today and today 1261 contracts are bought and sold.
• In relation to SMCI (NASDAQ:SMCI), we observe a CALL Optional RUB with wave thought. Expires after 56 days July 21, 2023. Parties trade 38 contract(s) in a $230.00 strike This particular call had to be split into 38 different trades to fill. The total cost received by the writing party (or parties) was 79.8 thousand dollarsat a price of $2100.0 for contract. HAD 276 open contracts in this strike before today and today 1235 contracts are bought and sold.
• For MURLY (NASDAQ:MRVL), we note a CALL Optional RUB which happens to be neutralwhich expires after 84 days August 18, 2023. This event was a transfer of 126 contract(s) in a $65.00 strike This particular call had to be split into 3 different trades to complete. The total cost received by the writing party (or parties) was 68.9 thousand dollarsat a price of $548.0 for contract. HAD 1355 open contracts in this strike before today and today 1042 contracts are bought and sold.
Options Alert Terminology
– Call contracts: The right to purchase shares as indicated in the contract.
– Set up 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 they wish to use it.
– Premium Price/Option: Contract price.
For more information, visit our website Guide to Understanding Option Alerts or read more about unusual options activity.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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