Amazon, Apple, Alphabet Attract Millions of Dollars in Bullish Block Trades: Options Chatter
Amazon, $Apple (AAPL.US)$ and $Alphabet-A (GOOGL.US)$ attracted millions of dollars in bullish option block trades Friday after the tech giants delivered financial results that impressed Wall Street.
An active buyer paid $167.4 million dollars for call options that give holders the right to buy 4.5 million $Amazon (AMZN.US)$ shares at $220 each in 112 days. That’s the second biggest bullish block trade posted so far, behind the $183.6 million purchase of $Taiwan Semiconductor (TSM.US)$ call options.

The Amazon block trade accounted for 98% of the contract’s volume as of 1:22 p.m. in New York and was about 9X the open interest.
The transaction was posted as Amazon shares climbed more than 10% to $245.15, on course for its record close. The stock gapped higher after the biggest cloud services provider reported a 20% revenue growth of its Amazon Web Services to $33.0 billion in the third quarter ended Sept. 30, the fastest gain since the three months ended December 2022.

“It's very different having 20% year-over-year growth on a $132 billion annualized run rate than to have a higher percentage growth rate on a meaningfully smaller annual revenue, which is the case with our competitors,” CEO Andy Jassy said in the company’s earnings call Thursday night.
Microsoft’s Azure, AWS’s biggest competitor, grew 39% in its fiscal first quarter ended September. In its fiscal year ended in June, Microsoft’s Intelligent Cloud revenue, including Azure, rose 21% to $106.3 billion.

Meanwhile, Apple attracted an active buyer who paid a $64 billion premium for call options that give their holder the right to buy 2.4 million Apple shares at $255 each in 112 days. That multi-leg trade, posted at 10:39:41 a.m. Friday, came with another bullish transaction with a $48 million premium for the same contract with the same expiration date covering 1.8 million Apple shares.
The bullish block trade was posted even as Apple shares swung between a gain of 2.2% and a loss of 0.3% as Wall Street weighed the company’s fiscal fourth quarter iPhone sales that missed analysts’ average estimate by 0.6%, against the company’s outlook for the December quarter.
“We are incredibly excited about the strength we're seeing across our products and services, and we expect the December quarter's revenue to be the best ever for the company and the best ever for iPhone,” CEO Tim Cook said during Apple’s earnings call with analysts Thursday night.

Alphabet, on the other hand, saw an active buyer pay a $42 million premium for call options that give their holder the right to buy 1.2 million shares at $260 each in 112 days. That transaction would be profitable for the buyer should the stock extend its record-breaking rally, climbing more than $34.95 above that strike price before they expire on Feb. 20, 2026.
Share your thoughts on Amazon, Apple and Alphabet stocks in the comments section. Which do you think of these Magnificent Seven stocks will outperform the rest of this year? Let your voice be heard by voting below. And if you want to read more options columns like this one on Microsoft, or this one on Palantir, follow me here, where you can also find my earnings stories on some of the biggest stocks.
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors read the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Opening new options positions close to or on their expiration date comes with substantial risk of losses for reasons that include potential volatility of the underlying security and limited time to expiration. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period. Certain complex option strategies carry additional risk, including potential losses that may exceed the original investment amount. If applicable, supporting documentation for any claims will be furnished upon request.

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1stJhn2v11 : Great fundamentals, results.
Anaf Tohid : intel
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ばいアンドほーりー : This year, NVIDIA
By the way, in the future, Alphabet is considered a candidate to dominate the world.
182322879 : I have no answer to the question.
There were no firm candidate stocks.
If I were to venture an answer, it would be Nvidia.
However, the situation may begin to change around the latter half of next year.
Beyond the candidate stocks in the question, I have expectations forAMD, and AVGO.
One more stock. TSM.