This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of unusual options activity happening in the Information Technology sector:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | CALL | SWEEP | BEARISH | 10/15/21 | $145.00 | $41.4K | 88.4K | 60.3K |
| AMD | CALL | TRADE | BULLISH | 10/15/21 | $107.00 | $27.0K | 8.4K | 21.9K |
| PAGS | CALL | SWEEP | BULLISH | 10/15/21 | $35.00 | $43.6K | 45 | 8.1K |
| MARA | PUT | SWEEP | BULLISH | 10/15/21 | $43.00 | $36.7K | 291 | 3.5K |
| SQ | CALL | SWEEP | BULLISH | 10/15/21 | $245.00 | $33.0K | 3.0K | 3.2K |
| MA | CALL | SWEEP | BULLISH | 11/19/21 | $355.00 | $299.2K | 10.8K | 1.8K |
| MU | PUT | SWEEP | BULLISH | 04/14/22 | $65.00 | $101.4K | 4.5K | 813 |
| PING | CALL | TRADE | BEARISH | 12/16/22 | $20.00 | $347.9K | 402 | 400 |
| FSLR | CALL | TRADE | BULLISH | 01/21/22 | $140.00 | $33.1K | 172 | 353 |
| PYPL | CALL | SWEEP | BEARISH | 12/17/21 | $300.00 | $36.0K | 2.1K | 330 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AAPL (NASDAQ:AAPL), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 15, 2021. Parties traded 406 contract(s) at a $145.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $41.4K, with a price of $102.0 per contract. There were 88495 open contracts at this strike prior to today, and today 60358 contract(s) were bought and sold.
• For AMD (NASDAQ:AMD), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on October 15, 2021. This event was a transfer of 200 contract(s) at a $107.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $135.0 per contract. There were 8493 open contracts at this strike prior to today, and today 21964 contract(s) were bought and sold.
• Regarding PAGS (NYSE:PAGS), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on October 15, 2021. Parties traded 200 contract(s) at a $35.00 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 $43.6K, with a price of $215.0 per contract. There were 45 open contracts at this strike prior to today, and today 8151 contract(s) were bought and sold.
• For MARA (NASDAQ:MARA), we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on October 15, 2021. This event was a transfer of 248 contract(s) at a $43.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $36.7K, with a price of $148.0 per contract. There were 291 open contracts at this strike prior to today, and today 3569 contract(s) were bought and sold.
• Regarding SQ (NYSE:SQ), we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on October 15, 2021. Parties traded 200 contract(s) at a $245.00 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 $33.0K, with a price of $165.0 per contract. There were 3081 open contracts at this strike prior to today, and today 3267 contract(s) were bought and sold.
• For MA (NYSE:MA), we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on November 19, 2021. This event was a transfer of 285 contract(s) at a $355.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $299.2K, with a price of $1050.0 per contract. There were 10860 open contracts at this strike prior to today, and today 1866 contract(s) were bought and sold.
• Regarding MU (NASDAQ:MU), we observe a put option sweep with bullish sentiment. It expires in 185 day(s) on April 14, 2022. Parties traded 228 contract(s) at a $65.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $101.4K, with a price of $445.0 per contract. There were 4580 open contracts at this strike prior to today, and today 813 contract(s) were bought and sold.
• For PING (NYSE:PING), we notice a call option trade that happens to be bearish, expiring in 431 day(s) on December 16, 2022. This event was a transfer of 400 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $347.9K, with a price of $870.0 per contract. There were 402 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.
• For FSLR (NASDAQ:FSLR), we notice a call option trade that happens to be bullish, expiring in 102 day(s) on January 21, 2022. This event was a transfer of 249 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $33.1K, with a price of $133.0 per contract. There were 172 open contracts at this strike prior to today, and today 353 contract(s) were bought and sold.
• Regarding PYPL (NASDAQ:PYPL), we observe a call option sweep with bearish sentiment. It expires in 67 day(s) on December 17, 2021. Parties traded 200 contract(s) at a $300.00 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 $36.0K, with a price of $180.0 per contract. There were 2190 open contracts at this strike prior to today, and today 330 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 about unusual options activity.
