This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming levels.

Here’s the list of some unusual options activity happening in today’s session:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
AAPL CALL TRADE BULLISH 01/08/21 $131.00 $34.0K 10.3K 25.4K
ON PUT TRADE BULLISH 04/16/21 $30.00 $1.3 million 5.0K 7.9K
MU CALL SWEEP BULLISH 01/08/21 $78.00 $56.0K 2.1K 7.2K
MARA CALL SWEEP BULLISH 01/15/21 $20.00 $28.0K 6.5K 6.5K
MSFT CALL SWEEP BEARISH 01/15/21 $220.00 $52.0K 27.1K 4.8K
INTC CALL TRADE BEARISH 01/15/21 $50.00 $27.2K 82.2K 2.9K
ENPH PUT SWEEP BEARISH 01/15/21 $170.00 $935.4K 995 2.3K
FUBO CALL TRADE BULLISH 01/08/21 $33.00 $25.0K 1.0K 2.0K
V PUT SWEEP BEARISH 01/08/21 $210.00 $33.6K 1.0K 1.4K
RIOT PUT TRADE BULLISH 01/29/21 $13.00 $106.7K 1.1K 1.0K

Explanation

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

• For AAPL (NASDAQ:AAPL), we notice a call option trade that happens to be bullish, expiring in 3 day(s) on January 8, 2021. A trader bought 200 contract(s) at a $131.00 strike. The trader or institution spent $34.0K on this trade with a price of $170.0 per contract. There were 10311 open contracts at this strike prior to today, and today 25450 contract(s) were bought and sold.

• For ON (NASDAQ:ON), we notice a put option trade that happens to be bullish, expiring in 101 day(s) on April 16, 2021. A trader bought 7950 contract(s) at a $30.00 strike. The trader or institution spent $1.3 million on this trade with a price of $165.0 per contract. There were 5042 open contracts at this strike prior to today, and today 7950 contract(s) were bought and sold.

• Regarding MU (NASDAQ:MU), we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on January 8, 2021. A trader bought 200 contract(s) at a $78.00 strike. This particular call needed to be split into 5 different trades to become filled. The trader or institution spent $56.0K on this trade with a price of $280.0 per contract. There were 2129 open contracts at this strike prior to today, and today 7273 contract(s) were bought and sold.

• Regarding MARA (NASDAQ:MARA), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on January 15, 2021. A trader bought 500 contract(s) at a $20.00 strike. This particular call needed to be split into 7 different trades to become filled. The trader or institution spent $28.0K on this trade with a price of $56.0 per contract. There were 6583 open contracts at this strike prior to today, and today 6523 contract(s) were bought and sold.

• For MSFT (NASDAQ:MSFT), we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on January 15, 2021. A trader bought 200 contract(s) at a $220.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $52.0K on this trade with a price of $260.0 per contract. There were 27103 open contracts at this strike prior to today, and today 4878 contract(s) were bought and sold.

• Regarding INTC (NASDAQ:INTC), we observe a call option trade with bearish sentiment. It expires in 10 day(s) on January 15, 2021. A trader bought 200 contract(s) at a $50.00 strike. The trader or institution spent $27.2K on this trade with a price of $136.0 per contract. There were 82295 open contracts at this strike prior to today, and today 2962 contract(s) were bought and sold.

• Regarding ENPH (NASDAQ:ENPH), we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on January 15, 2021. A trader bought 2007 contract(s) at a $170.00 strike. This particular put needed to be split into 40 different trades to become filled. The trader or institution spent $935.4K on this trade with a price of $472.0 per contract. There were 995 open contracts at this strike prior to today, and today 2359 contract(s) were bought and sold.

• Regarding FUBO (NYSE:FUBO), we observe a call option trade with bullish sentiment. It expires in 3 day(s) on January 8, 2021. A trader bought 200 contract(s) at a $33.00 strike. The trader or institution spent $25.0K on this trade with a price of $125.0 per contract. There were 1046 open contracts at this strike prior to today, and today 2039 contract(s) were bought and sold.

• For V (NYSE:V), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on January 8, 2021. A trader bought 264 contract(s) at a $210.00 strike. This particular put needed to be split into 6 different trades to become filled. The trader or institution spent $33.6K on this trade with a price of $127.0 per contract. There were 1076 open contracts at this strike prior to today, and today 1410 contract(s) were bought and sold.

• Regarding RIOT (NASDAQ:RIOT), we observe a put option trade with bullish sentiment. It expires in 24 day(s) on January 29, 2021. A trader bought 970 contract(s) at a $13.00 strike. The trader or institution spent $106.7K on this trade with a price of $110.0 per contract. There were 1148 open contracts at this strike prior to today, and today 1008 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.