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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BEARISH | 01/19/24 | $210.00 | $46.0K | 14.3K | 156.2K |
NCLH | PUT | SWEEP | BULLISH | 01/16/26 | $8.00 | $35.3K | 8.0K | 5.5K |
BABA | CALL | SWEEP | BULLISH | 01/26/24 | $72.00 | $35.2K | 2.4K | 4.4K |
AMZN | CALL | SWEEP | BULLISH | 02/16/24 | $155.00 | $37.1K | 56.4K | 2.4K |
JD | CALL | SWEEP | BEARISH | 06/21/24 | $25.00 | $45.4K | 7.1K | 1.6K |
SEAS | PUT | TRADE | BEARISH | 03/15/24 | $50.00 | $300.0K | 15 | 1.0K |
F | CALL | TRADE | BULLISH | 01/17/25 | $12.35 | $52.3K | 45.1K | 906 |
TAL | CALL | TRADE | BULLISH | 01/17/25 | $20.00 | $40.0K | 12.2K | 511 |
NKE | CALL | SWEEP | BULLISH | 03/15/24 | $97.50 | $29.7K | 740 | 459 |
PETS | PUT | SWEEP | BEARISH | 02/16/24 | $7.50 | $40.4K | 37 | 385 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 500 contract(s) at a $210.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $92.0 per contract. There were 14338 open contracts at this strike prior to today, and today 156264 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a put option sweep with bullish sentiment. It expires in 728 day(s) on January 16, 2026. Parties traded 416 contract(s) at a $8.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $35.3K, with a price of $85.0 per contract. There were 8058 open contracts at this strike prior to today, and today 5519 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on January 26, 2024. This event was a transfer of 526 contract(s) at a $72.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $67.0 per contract. There were 2454 open contracts at this strike prior to today, and today 4413 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 28 day(s) on February 16, 2024. Parties traded 60 contract(s) at a $155.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $37.1K, with a price of $619.0 per contract. There were 56429 open contracts at this strike prior to today, and today 2436 contract(s) were bought and sold.
• For JD JD, we notice a call option sweep that happens to be bearish, expiring in 154 day(s) on June 21, 2024. This event was a transfer of 272 contract(s) at a $25.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $167.0 per contract. There were 7111 open contracts at this strike prior to today, and today 1674 contract(s) were bought and sold.
• For SEAS SEAS, we notice a put option trade that happens to be bearish, expiring in 56 day(s) on March 15, 2024. This event was a transfer of 1000 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $300.0K, with a price of $300.0 per contract. There were 15 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For F F, we notice a call option trade that happens to be bullish, expiring in 364 day(s) on January 17, 2025. This event was a transfer of 595 contract(s) at a $12.35 strike. The total cost received by the writing party (or parties) was $52.3K, with a price of $88.0 per contract. There were 45126 open contracts at this strike prior to today, and today 906 contract(s) were bought and sold.
• For TAL TAL, we notice a call option trade that happens to be bullish, expiring in 364 day(s) on January 17, 2025. This event was a transfer of 400 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $40.0K, with a price of $100.0 per contract. There were 12245 open contracts at this strike prior to today, and today 511 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on March 15, 2024. This event was a transfer of 50 contract(s) at a $97.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.7K, with a price of $595.0 per contract. There were 740 open contracts at this strike prior to today, and today 459 contract(s) were bought and sold.
• For PETS PETS, we notice a put option sweep that happens to be bearish, expiring in 28 day(s) on February 16, 2024. This event was a transfer of 385 contract(s) at a $7.50 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $40.4K, with a price of $105.0 per contract. There were 37 open contracts at this strike prior to today, and today 385 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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