Crypto Whales Are Loading Up — Are You?
A new study shows that the biggest buyers of crypto are making a comeback. And this time? They could be holding on to the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive cryptocurrency surge like we saw in 2020 and 2021. To know exactly what’s happening and what to buy… Get access to Benzinga’s Best Crypto Research and Investments for only $1.
This whale signal can help traders find the next big trading opportunities.
Whales are big money entities and we track their transactions here at Benzinga on our options activity scanner.
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Traders often look for circumstances where the market valuation of an option deviates from its normal value. Unusual amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Here is the list of options activities happening in today’s session:
| Symbol | PUT/CALL | Trade type | moods | Exp. Date | Strike Price | Total trade price | Open interest | Sound volume |
|---|---|---|---|---|---|---|---|---|
| AAPL | I PUT | SWEEP | WHIP | 04/19/24 | $167.50 | 42.8 thousand dollars | 19.0K | 56.0K |
| AMD | I PUT | SWEEP | WHIP | 04/19/24 | $160.00 | 28.9 thousand dollars | 20.6K | 26.6K |
| NVDA | I PUT | SWEEP | WHIP | 04/19/24 | $870.00 | 45.7 thousand dollars | 6.1K | 17.8K |
| MSFT | CALL | SWEEP | BEARS | 04/19/24 | $420.00 | 27.7 thousand dollars | 11.0K | 7.7K |
| SMCI | CALL | SWEEP | BEARS | 04/19/24 | $950.00 | 70.5 thousand dollars | 1.1K | 1.9K |
| FTNT | CALL | SWEEP | BEARS | 05/17/24 | $70.00 | $104.6K | 3.4K | 1.3K |
| HPE | CALL | SWEEP | BEARS | 05/17/24 | $18.00 | 34.2 thousand dollars | 4.1K | 1.2K |
| TSM | CALL | SWEEP | WHIP | 04/19/24 | $147.00 | $25.6K | 1.7K | 687 |
| IRENE | CALL | SWEEP | WHIP | 15/11/24 | $5.00 | $33.0K | 4.3K | 605 |
| WDC | CALL | TRADE | BEARS | 31.05.24 | $71.00 | $47.0K | 0 | 603 |
Explanation
These detailed developments were created using the accompanying table.
• About AAPL (NASDAQ:AAPL), we observe a I put option swept away with bulls moods. Expires in 3 days April 19, 2024. The sides trade 317 contract(s) at a $167.50 strike. This particular put had to be split into 7 different trades to be executed. The total costs received by the writing party (or parties) were 42.8 thousand dollarswith a price of $136.0 of contract. There was 19028 open contracts in this strike before today and today 56051 contract(s) were bought and sold.
• For AMD (NASDAQ: AMD ), we notice a I put option swept away it happens to be bullsexpiring in 3 days on April 19, 2024. This event was a transfer of 139 contract(s) at a $160.00 strike. This particular put had to be split into 19 different trades to be executed. The total costs received by the writing party (or parties) were 28.9 thousand dollarswith a price of 208.0 dollars of contract. There was 20692 open contracts in this strike before today and today 26647 contract(s) were bought and sold.
• About NVDA (NASDAQ:NVDA), we observe a I put option swept away with bulls moods. Expires in 3 days April 19, 2024. The sides trade 32 contract(s) at a $870.00 strike. This particular put had to be split into 4 different trades to be executed. The total costs received by the writing party (or parties) were 45.7 thousand dollarswith a price of 1430.0 dollars of contract. There was 6199 open contracts in this strike before today and today 17888 contract(s) were bought and sold.
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• About MSFT (NASDAQ: MSFT ), we observe a call option swept away with bears moods. Expires in 3 days April 19, 2024. The sides trade 117 contract(s) at a $420.00 strike. This particular call had to be split into 10 different trades to execute. The total costs received by the writing party (or parties) were 27.7 thousand dollarswith a price of 237.0 dollars of contract. There was 11072 open contracts in this strike before today and today 7718 contract(s) were bought and sold.
• For SMCI (NASDAQ:SMCI), we notice a call option swept away it happens to be bearsexpiring in 3 days on April 19, 2024. This event was a transfer of 41 contract(s) at a $950.00 strike. This particular call had to be split into 5 different trades to execute. The total costs received by the writing party (or parties) were 70.5 thousand dollarswith a price of $1700.0 of contract. There was 1165 open contracts in this strike before today and today 1985 contract(s) were bought and sold.
• For FTNT (NASDAQ:FTNT), we notice a call option swept away it happens to be bearsexpiring after 31 days of May 17, 2024. This event was a transfer of 534 contract(s) at a $70.00 strike. This particular call had to be split into 43 different trades to execute. The total costs received by the writing party (or parties) were $104.6Kwith a price of $195.0 of contract. There was 3429 open contracts in this strike before today and today 1319 contract(s) were bought and sold.
• About HPE (NYSE:HPE), we observe a call option swept away with bears moods. Expires after 31 days on May 17, 2024. The sides trade 1143 contract(s) at a $18.00 strike. This particular call had to be split into 20 different trades to execute. The total costs received by the writing party (or parties) were 34.2 thousand dollarswith a price of $30.0 of contract. There was 4113 open contracts in this strike before today and today 1262 contract(s) were bought and sold.
• For TSM (NYSE: TSM ), we notice a call option swept away it happens to be bullsexpiring in 3 days on April 19, 2024. This event was a transfer of 118 contract(s) at a $147.00 strike. This particular call had to be split into 5 different trades to execute. The total costs received by the writing party (or parties) were $25.6Kwith a price of 217.0 dollars of contract. There was 1742 open contracts in this strike before today and today 687 contract(s) were bought and sold.
• About IRENE (NASDAQ: IREN ), we observe a call option swept away with bulls moods. Expires after 213 days on November 15, 2024. The sides trade 200 contract(s) at a $5.00 strike. This particular call had to be split into 3 different trades to execute. The total costs received by the writing party (or parties) were $33.0Kwith a price of $165.0 of contract. There was 4361 open contracts in this strike before today and today 605 contract(s) were bought and sold.
• About WDC (NASDAQ:WDC), we observe a call option trade with bears moods. Expires after 45 days on May 31, 2024. The sides trade 100 contract(s) at a $71.00 strike. The total costs received by the writing party (or parties) were $47.0Kwith a price of $470.0 of contract. There was 0 open contracts in this strike before today and today 603 contract(s) were bought and sold.
Option Warning Terminology
– Call contracts: Right to purchase shares as specified in the contract.
– Place contracts: Right to sell shares as specified in the contract.
– Expiry date: When the contract expires. One must act on the contract by that date if one wishes to use it.
– Premium/Option Price: The price of the contract.
For more information visit our A guide to understanding option warnings or read more news about unusual options.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Crypto Whales Are Loading Up — Are You?
A new study shows that the biggest buyers of crypto are making a comeback. And this time? They could be holding on to the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive cryptocurrency surge like we saw in 2020 and 2021. To know exactly what’s happening and what to buy… Get access to Benzinga’s Best Crypto Research and Investments for only $1.
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