This unusual options warning can help traders keep track of potentially big trading opportunities. Traders often look for circumstances where the market value of an option deviates from its normal value. Unusual trading activity can push option prices to hyperbolic or underperforming levels.
Here is a list of some of the unusual option actions that occur in today’s lesson:
Symbol | PUT / CALL | Trade type | Moods | Exp. Date | Execution price | Total transaction price | Open interest | Volume |
---|---|---|---|---|---|---|---|---|
AAPL | CALL | SWEEP AWAY | BULLISH | 04/09/21 | $ 127.00 | USD 43.8 thousand USA | 32.4 thous. | 69.4K |
SQ | CALL | SWEEP AWAY | BULLISH | 04/09/21 | US $ 247.50 | USD 217.7 thousand USA | 593 | 5.7 thous. |
ORCL | PUT | TRADE | BULLISH | 05/21/21 | US $ 72.50 | 616.0 thousand USD USA | 858 | 4.3 thous. |
TSM | CALL | SWEEP AWAY | BEAR | 04/16/21 | USD 135.00 | 70.6 thousand USD USA | 26.6K | 3.3K |
AMD | PUT | SWEEP AWAY | BEAR | 04/09/21 | $ 82.00 | USD 25.0 thousand USA | 1.4 thous. | 3.2 thous. |
MARA | PUT | SWEEP AWAY | BEAR | 04/09/21 | USD 46.00 | USD 32.8 thousand USA | 1.3 thous. | 2.8K |
BB | CALL | SWEEP AWAY | BEAR | 05/21/21 | USD 10.00 | 60.2 thousand USD USA | 2.6K | 2.3 thous. |
WDC | CALL | SWEEP AWAY | BULLISH | 04/09/21 | $ 72.00 | USD 67.9 thousand USA | 2.6K | 2.2 thous. |
DBX | CALL | SWEEP AWAY | BEAR | 05/21/21 | USD 27.00 | USD 70.3 thousand USA | 7.1K | 1.9K |
DELL | CALL | TRADE | BEAR | 05/21/21 | USD 105.00 | USD 39.0 thousand USA | 17 | 1.5 thous. |
Explanation
These detailed designs were created using the attached table.
• Regarding AAPL (NASDAQ: AAPL) we are observing call option sweep away with bullish mood. Expires in 2 days. April 9, 2021… Parties bargain 399 contract (s) for $ 127.00 strike. This particular request had to be split into 3 different trades in order for them to be executed. The total value received by the writing party (or parties) was USD 43.8 thousand USA, by price USD 110.0 per contract. There were 32484 open contracts for this strike until today and today 69418 contracts were bought and sold.
• For SQ (NYSE: SQ) we notice call option sweep away This happens bullish, expires in 2 days. April 9, 2021… This event was the transmission 525 contract (s) for US $ 247.50 strike. This particular request had to be split into 69 different trades in order for them to be executed. The total value received by the writing party (or parties) was USD 217.7 thousand USA, by price US $ 415.0 per contract. There were 593 open contracts for this strike until today and today 5748 contracts were bought and sold.
• Regarding ORCL (NYSE: ORCL) we are watching put option trade with bullish mood. Expires in 44 days. May 21, 2021… Parties bargain 4000 contract (s) for US $ 72.50 strike. The total value received by the writing party (or parties) was 616.0 thousand USD USA, by price US $ 154.0 per contract. There were 858 open contracts for this strike until today and today 4384 contracts were bought and sold.
• For TSM (NYSE: TSM) we notice call option sweep away This happens bearish, expires in 9 days. April 16, 2021… This event was the transmission 2054 g. contract (s) for USD 135.00 strike. This particular request had to be split into 119 different trades for them to be executed. The total value received by the writing party (or parties) was 70.6 thousand USD USA, by price US $ 32.0 per contract. There were 26697 open contracts for this strike until today and today 3325 contracts were bought and sold.
• For AMD (NASDAQ: AMD) we notice put option sweep away This happens bearish, expires in 2 days. April 9, 2021… This event was the transmission 250 contract (s) for $ 82.00 strike. This particular put had to be split into 4 different trades for it to be executed. The total value received by the writing party (or parties) was USD 25.0 thousand USA, by price USD 100.0 per contract. There were 1433 open contracts for this strike until today and today 3281 contracts were bought and sold.
• Regarding MARA (NASDAQ: MARA) we are watching put option sweep away with bearish mood. Expires in 2 days. April 9, 2021… Parties bargain 200 contract (s) for USD 46.00 strike. This particular put had to be split into 3 different trades for them to be executed. The total value received by the writing party (or parties) was USD 32.8 thousand USA, by price US $ 164.0 per contract. There were 1361 open contracts for this strike until today and today 2884 contracts were bought and sold.
• For BB (NYSE: BB) we notice call option sweep away This happens bearish, expires in 44 days. May 21, 2021… This event was the transmission 1132 contract (s) for USD 10.00 strike. This particular request had to be split into 54 different trades for them to be executed. The total value received by the writing party (or parties) was 60.2 thousand USD USA, by price US $ 53.0 per contract. There were 2616 open contracts for this strike until today and today 2342 contracts were bought and sold.
• For WDC (NASDAQ: WDC) we notice call option sweep away This happens bullish, expires in 2 days. April 9, 2021… This event was the transmission 679 contract (s) for $ 72.00 strike. This particular request had to be split into 27 different trades in order for them to be executed. The total value received by the writing party (or parties) was USD 67.9 thousand USA, by price USD 100.0 per contract. There were 2659 open contracts for this strike until today and today 2257 contracts were bought and sold.
• Regarding DBX (NASDAQ: DBX) we are watching call option sweep away with bearish mood. Expires in 44 days. May 21, 2021… Parties bargain 300 contract (s) for USD 27.00 strike. This particular request had to be split into 5 different trades in order for them to be executed. The total value received by the writing party (or parties) was USD 70.3 thousand USA, by price US $ 234.0 per contract. There were 7157 open contracts for this strike until today and today 1973 contracts were bought and sold.
• For DELL (NYSE: DELL) we notice call option trade This happens bearish, expires in 44 days. May 21, 2021… This event was the transmission 1500 contract (s) for USD 105.00 strike. The total value received by the writing party (or parties) was USD 39.0 thousand USA, by price US $ 26.0 per contract. There were 17 open contracts for this strike until today and today 1507 contracts were bought and sold.
Option warning terminology
– Call contracts: The right to purchase shares as specified in the contract.
– Put contracts: The right to sell shares as specified in the contract.
– Shelf life: When the contract expires. By that date, you have to act on the contract if you want to use it.
– Premium / Option Price: Contract price.
For more information visit our Guide to Understanding Parameter Warnings or learn more about unusual options activity.