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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.

Below are some instances of options activity happening in the Communication Services sector:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
GOOG CALL TRADE NEUTRAL 01/15/27 $280.00 $81.8K 1.5K 34
ASTS CALL TRADE BULLISH 01/15/27 $15.00 $51.0K 1.7K 20
GOOGL CALL TRADE BULLISH 12/18/26 $220.00 $40.0K 752 17
NFLX CALL TRADE BULLISH 09/18/26 $970.00 $37.5K 6 1

Explanation

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

• For GOOG (NASDAQ:GOOG), we notice a call option trade that happens to be neutral, expiring in 289 day(s) on January 15, 2027. This event was a transfer of 34 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $81.8K, with a price of $2408.0 per contract. There were 1511 open contracts at this strike prior to today, and today 34 contract(s) were bought and sold.

• Regarding ASTS (NASDAQ:ASTS), we observe a call option trade with bullish sentiment. It expires in 289 day(s) on January 15, 2027. Parties traded 20 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $51.0K, with a price of $2550.0 per contract. There were 1792 open contracts at this strike prior to today, and today 20 contract(s) were bought and sold.

• Regarding GOOGL (NASDAQ:GOOGL), we observe a call option trade with bullish sentiment. It expires in 261 day(s) on December 18, 2026. Parties traded 8 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $5000.0 per contract. There were 752 open contracts at this strike prior to today, and today 17 contract(s) were bought and sold.

• For NFLX (NASDAQ:NFLX), we notice a call option trade that happens to be bullish, expiring in 170 day(s) on September 18, 2026. This event was a transfer of 1 contract(s) at a $970.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $37525.0 per contract. There were 6 open contracts at this strike prior to today, and today 1 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, read more news on unusual options activity.

This article was generated by Benzinga's automated content engine and reviewed by an editor.