Sailors of the trading seas, rejoice—for the whales have sounded the call! These leviathans of the market, with their tower-sized stacks of cash, have ruffled the tranquil surface right in our own waters. The options activity scanner at Benzinga presents an opportunity on the high seas—testing the nerves and skills of investors. The thunder of the whales, those giants of market transactions, may signal great waves in the balance of trading. These major market players are worth watching in a tempest that may churn the seas to their advantage.

Luring in human fish, so to speak, a whale’s swell may embolden some and dismay others, but none can ignore its magnitude. These events, especially in the Information Technology sector, are tidal waves cresting on the trading floor. Their impact is only beginning to ripple, and astute traders are eager to be surfing the seismic waves.

The conveyed trend of the market quantities for options may yield currents in the likes of NVDA, AMD, SMCI, PANW, TSM, KD, AAPL, AVGO, DDOG, and MSTR. The whales, leading these events, breach the surface in time for traders to catch the market’s gusts.

Insights into the Whale Alerts

Mystified by the seismic shifts in the market? The table below explicates the enigmatic signals dispatched by the whales today. Investors can discern whistling currents and gales of volatility, magnitudes hitherto unseen.

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Strike Price	Total Trade Price	Open Interest	Volume
NVDA	CALL	SWEEP	BEARISH	02/09/24	$700.00	$36.4K	22.4K	48.9K
AMD	PUT	SWEEP	BULLISH	02/09/24	$160.00	$28.6K	10.2K	13.2K
SMCI	CALL	SWEEP	BULLISH	02/09/24	$700.00	$55.0K	2.5K	6.2K
PANW	CALL	SWEEP	BULLISH	02/16/24	$405.00	$29.1K	13	1.4K
TSM	CALL	SWEEP	NEUTRAL	02/16/24	$110.00	$132.5K	6.2K	1.2K
KD	PUT	SWEEP	BULLISH	03/15/24	$20.00	$50.1K	82	1.0K
AAPL	PUT	SWEEP	BULLISH	04/19/24	$190.00	$64.8K	11.0K	565
AVGO	CALL	TRADE	BULLISH	02/16/24	$1275.00	$34.5K	114	561
DDOG	PUT	TRADE	BULLISH	03/15/24	$145.00	$907.5K	18	501
MSTR	PUT	SWEEP	BULLISH	02/16/24	$500.00	$558.9K	1.5K	303

Decoding the Movements of the Whales

Walk through the dimly lit corridors of market behavior with us, and observe the siren calls of the market makers.

• The NVDA call option sweep with bearish sentiment saw a flurry of activity, implying stormy seas ahead. The sharks and minnows, it seems, have taken heed of the warning.

• Meanwhile, the put option sweep in AMD with bullish sentiment may spell shifting tides, as the broad market reacts to this shoal of transactions. The schools of fish scatter, and investors can feel the undertow.

• A call option sweep in SMCI with bullish sentiment further paints a picture of market dynamics. The whales have sounded, and the market responds in kind, creating undulating waves of activity against the shore.

• PANW’s call option sweep yields bullish sentiment with spots of concern. The tide is coming in, and the boats are bobbing on this wave of options activity.

• Stepping into the breach, TSM’s call option sweep with neutral sentiment adds to the market’s symphony by providing evidence of a sea change to come.

• The put option sweep in KD with bullish sentiment heralds forthcoming shocks in the teacup, as the market wavers in anticipation of these minor quakes.

• The whims of the market gods play lute in AAPL’s put option sweep with bullish sentiment, signaling fragrant waves of activity in the distance.

• The musical climax resounds as AVGO’s call option trade with bullish sentiment chimes in with a harmonic convergence of activity.

• The corridors of market behavior whisper in wonder at the put option trade in DDOG with bullish sentiment, as if the gods themselves are speaking through this market phenomenon.

• Finally, the rippling effect of the put option sweep in MSTR with bullish sentiment sends tremors through the cobbled streets of market analysis.

Recently, a series of intriguing options trades has taken place in the stock market, hinting at an underlying bullish sentiment among investors. These unusual activities, characterized by put and call options, offer insight into the expectations of market participants, as they position themselves for potential future movements in stock prices.

AAPL Options: A Bullish Signal

The options market for AAPL has seen a notable put option sweep, indicating a bullish outlook. With a 72-day expiration period, expiring on April 19, 2024, a total of 108 contracts were traded at a $190.00 strike price. The writing party received a substantial $64.8K, with each contract priced at $600.00. The elevated trading volume of 565 contracts on this strike today echoes the bullish sentiment observed.

AVGO Options: Positive Outlook

Another noteworthy event involves AVGO, where a bullish call option trade occurred, set to expire in 9 days on February 16, 2024. The transfer of 26 contracts at a $1275.00 strike led to a substantial payout of $34.5K, with each contract priced at $1330.00. The increase in trading volume, with 561 contracts bought and sold today, further accentuates the prevailing bullish sentiment.

DDOG and MSTR: A Similar Trend

DDOG witnessed a put option trade with bullish sentiment, comprising 500 contracts at a $145.00 strike, generating a total revenue of $907.5K, with each contract priced at $1815.00. On the other hand, MSTR observed a bullish put option sweep, with 243 contracts traded at a $500.00 strike, yielding $558.9K, priced at $2300.00 per contract. High trading volumes on both strikes today continued to mirror the overall bullish outlook.

Significance of Options Alerts

Options alerts serve as a valuable tool for understanding market sentiment and investor expectations. Call and put contracts, expiration dates, and premium prices offer critical insights into market dynamics, enabling investors to gauge future price movements and make informed decisions.

Unusual options activity can offer early indications of potential stock movements, helping investors stay ahead of market trends.