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.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AMZN | CALL | SWEEP | BULLISH | 01/26/24 | $160.00 | $26.5K | 25.8K | 148.3K |
CZR | PUT | TRADE | BULLISH | 06/21/24 | $38.00 | $361.7K | 536 | 1.8K |
ANF | CALL | SWEEP | BEARISH | 02/16/24 | $100.00 | $63.3K | 183 | 1.1K |
XPOF | CALL | TRADE | BULLISH | 07/19/24 | $15.00 | $135.0K | 11 | 1.0K |
CHWY | CALL | SWEEP | BEARISH | 02/23/24 | $20.50 | $80.3K | 1.6K | 750 |
ABNB | CALL | TRADE | BULLISH | 02/09/24 | $147.00 | $38.4K | 898 | 568 |
NKE | PUT | TRADE | BULLISH | 03/15/24 | $100.00 | $57.0K | 8.5K | 529 |
LRN | CALL | TRADE | BEARISH | 02/16/24 | $60.00 | $36.4K | 1.4K | 327 |
LULU | PUT | TRADE | BEARISH | 03/15/24 | $450.00 | $31.8K | 1.2K | 175 |
RH | PUT | SWEEP | BEARISH | 02/02/24 | $262.50 | $39.4K | 3 | 139 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 853 contract(s) at a $160.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $32.0 per contract. There were 25867 open contracts at this strike prior to today, and today 148363 contract(s) were bought and sold.
• For CZR CZR, we notice a put option trade that happens to be bullish, expiring in 147 day(s) on June 21, 2024. This event was a transfer of 1800 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $361.7K, with a price of $201.0 per contract. There were 536 open contracts at this strike prior to today, and today 1800 contract(s) were bought and sold.
• Regarding ANF ANF, we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on February 16, 2024. Parties traded 102 contract(s) at a $100.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $63.3K, with a price of $625.0 per contract. There were 183 open contracts at this strike prior to today, and today 1178 contract(s) were bought and sold.
• For XPOF XPOF, we notice a call option trade that happens to be bullish, expiring in 175 day(s) on July 19, 2024. This event was a transfer of 1000 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $135.0K, with a price of $135.0 per contract. There were 11 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on February 23, 2024. Parties traded 750 contract(s) at a $20.50 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $80.3K, with a price of $107.0 per contract. There were 1617 open contracts at this strike prior to today, and today 750 contract(s) were bought and sold.
• For ABNB ABNB, we notice a call option trade that happens to be bullish, expiring in 14 day(s) on February 9, 2024. This event was a transfer of 95 contract(s) at a $147.00 strike. The total cost received by the writing party (or parties) was $38.4K, with a price of $405.0 per contract. There were 898 open contracts at this strike prior to today, and today 568 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a put option trade with bullish sentiment. It expires in 49 day(s) on March 15, 2024. Parties traded 300 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $57.0K, with a price of $190.0 per contract. There were 8526 open contracts at this strike prior to today, and today 529 contract(s) were bought and sold.
• Regarding LRN LRN, we observe a call option trade with bearish sentiment. It expires in 21 day(s) on February 16, 2024. Parties traded 200 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $36.4K, with a price of $182.0 per contract. There were 1415 open contracts at this strike prior to today, and today 327 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a put option trade with bearish sentiment. It expires in 49 day(s) on March 15, 2024. Parties traded 60 contract(s) at a $450.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $530.0 per contract. There were 1242 open contracts at this strike prior to today, and today 175 contract(s) were bought and sold.
• Regarding RH RH, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on February 2, 2024. Parties traded 136 contract(s) at a $262.50 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $39.4K, with a price of $290.0 per contract. There were 3 open contracts at this strike prior to today, and today 139 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 news on 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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