10 Communication Services Stocks Whale Activity In Today's Session

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.

Here's the list of options activity happening in today's session:

Explanation

These bullet-by-bullet explanations have been constructed using the accompanying table.

• For GOOGL (NASDAQ:GOOGL), we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 185 contract(s) at a $177.50 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 $41.2K, with a price of $223.0 per contract. There were 9679 open contracts at this strike prior to today, and today 17122 contract(s) were bought and sold.

• For GOOG (NASDAQ:GOOG), we notice a call option trade that happens to be bearish, expiring in 7 day(s) on June 28, 2024. This event was a transfer of 160 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $163.0 per contract. There were 2523 open contracts at this strike prior to today, and today 9910 contract(s) were bought and sold.

• Regarding TTD (NASDAQ:TTD), we observe a call option trade with bullish sentiment. It expires in 7 day(s) on June 28, 2024. Parties traded 500 contract(s) at a $98.00 strike. The total cost received by the writing party (or parties) was $62.0K, with a price of $124.0 per contract. There were 1855 open contracts at this strike prior to today, and today 1159 contract(s) were bought and sold.

• Regarding SNAP (NYSE:SNAP), we observe a put option sweep with bullish sentiment. It expires in 28 day(s) on July 19, 2024. Parties traded 1209 contract(s) at a $14.00 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 $29.0K, with a price of $24.0 per contract. There were 3750 open contracts at this strike prior to today, and today 1049 contract(s) were bought and sold.

• Regarding NFLX (NASDAQ:NFLX), we observe a call option trade with bullish sentiment. It expires in 14 day(s) on July 5, 2024. Parties traded 50 contract(s) at a $680.00 strike. The total cost received by the writing party (or parties) was $79.5K, with a price of $1590.0 per contract. There were 351 open contracts at this strike prior to today, and today 662 contract(s) were bought and sold.

• Regarding META (NASDAQ:META), we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on June 28, 2024. Parties traded 155 contract(s) at a $487.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $170.5K, with a price of $1100.0 per contract. There were 145 open contracts at this strike prior to today, and today 251 contract(s) were bought and sold.

• Regarding DJT (NASDAQ:DJT), we observe a put option trade with bearish sentiment. It expires in 14 day(s) on July 5, 2024. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $62.5K, with a price of $625.0 per contract. There were 615 open contracts at this strike prior to today, and today 96 contract(s) were bought and sold.

• Regarding ZI (NASDAQ:ZI), we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on July 19, 2024. Parties traded 3059 contract(s) at a $12.50 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $137.6K, with a price of $45.0 per contract. There were 2291 open contracts at this strike prior to today, and today 72 contract(s) were bought and sold.

• Regarding NXST (NASDAQ:NXST), we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on July 19, 2024. Parties traded 51 contract(s) at a $155.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $35.7K, with a price of $700.0 per contract. There were 403 open contracts at this strike prior to today, and today 71 contract(s) were bought and sold.

• Regarding WBD (NASDAQ:WBD), we observe a call option sweep with bullish sentiment. It expires in 91 day(s) on September 20, 2024. Parties traded 109 contract(s) at a $5.00 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 $25.3K, with a price of $233.0 per contract. There were 388 open contracts at this strike prior to today, and today 51 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.