Whales, large entities with substantial funds, engage in significant trading activities that can indicate potential market opportunities for traders. Benzinga’s options activity scanner tracks these whale transactions for traders seeking to capitalize on unusual trading patterns. An abnormal increase in trading activity can lead to over or undervalued options, presenting opportunities for traders to profit. Here are some of the options activities observed in the current trading session:
– NVDA: A bearish sentiment was detected in a call option sweep expiring on July 5, 2024, with a strike price of $125. A total of 173,215 contracts were traded with a total commercial price of $31.2K.
– APL-American Lead Association: Another bearish feeling was identified in a call option sweep expiring on July 5, 2024, with a strike price of $217.50. A total of 77,801 contracts were traded with a total commercial price of $36.1K.
– MAXIMUM: A bullish sentiment was seen in a put option sweep expiring on July 5, 2024, with a strike price of $0.50. A total of 14,746 contracts were traded with a total commercial price of $32,500.
– CISM: A bearish sentiment was observed in a call option sweep expiring on July 5, 2024, with a strike price of $800. A total of 6,006 contracts were traded with a total commercial price of $243.9K.
– Click: Another bearish sentiment was noticed in a call option sweep expiring on July 5, 2024, with a strike price of $19. A total of 5,507 contracts were traded with a total commercial price of $59,500.
– GLB-L: A bullish sentiment was detected in a call option sweep expiring on January 16, 2026, with a strike price of $75. A total of 4,738 contracts were traded with a total commercial price of $168,000.
– AVGO: A bearish sentiment was observed in a call option trade expiring on July 5, 2024, with a strike price of $1650. A total of 4,467 contracts were traded with a total commercial price of $40.9K.
– MU: Another bearish feeling was identified in a call option sweep expiring on July 12, 2024, with a strike price of $130. A total of 2,925 contracts were traded with a total commercial price of $27.3K.
– MARA: A bullish sentiment was noticed in a call option trade expiring on July 5, 2024, with a strike price of $23.50. A total of 2,866 contracts were traded with a total commercial price of $65.9K.
– Xrx: Another bullish sentiment was observed in a call option sweep expiring on August 16, 2024, with a strike price of $12. A total of 2,162 contracts were traded with a total commercial price of $49.4K.
Overall, these options activities provide valuable insights for traders looking to potentially capitalize on market opportunities based on whale transactions and unusual trading patterns. For more information on understanding options alerts, traders can visit Benzinga’s comprehensive guide or explore additional news on unusual options activity. This information was sourced from Benzinga’s automated content engine and reviewed by an editor.
Article Source
https://www.benzinga.com/insights/options/24/07/39580901/10-information-technology-stocks-with-whale-alerts-in-todays-session