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 |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BEARISH | 02/09/24 | $187.50 | $27.5K | 13.7K | 88.1K |
AMZN | CALL | SWEEP | BEARISH | 02/16/24 | $177.50 | $26.2K | 9.4K | 1.8K |
M | CALL | SWEEP | BEARISH | 02/16/24 | $19.00 | $52.9K | 7.5K | 1.8K |
PDD | CALL | SWEEP | BULLISH | 02/16/24 | $130.00 | $39.6K | 2.0K | 952 |
CMG | CALL | TRADE | NEUTRAL | 02/09/24 | $2700.00 | $29.0K | 201 | 923 |
EBAY | PUT | SWEEP | BEARISH | 02/16/24 | $43.00 | $56.0K | 38 | 881 |
HD | CALL | TRADE | BEARISH | 03/15/24 | $380.00 | $202.5K | 966 | 787 |
WING | PUT | TRADE | BEARISH | 03/15/24 | $250.00 | $46.5K | 1.3K | 605 |
LI | PUT | SWEEP | BULLISH | 01/17/25 | $37.00 | $35.4K | 1.3K | 476 |
RRR | CALL | SWEEP | BEARISH | 04/19/24 | $55.00 | $48.9K | 310 | 300 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on February 9, 2024. This event was a transfer of 110 contract(s) at a $187.50 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 $27.5K, with a price of $251.0 per contract. There were 13711 open contracts at this strike prior to today, and today 88176 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on February 16, 2024. This event was a transfer of 558 contract(s) at a $177.50 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 $26.2K, with a price of $47.0 per contract. There were 9490 open contracts at this strike prior to today, and today 1866 contract(s) were bought and sold.
• For M M, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on February 16, 2024. This event was a transfer of 1651 contract(s) at a $19.00 strike. This particular call needed to be split into 62 different trades to become filled. The total cost received by the writing party (or parties) was $52.9K, with a price of $32.0 per contract. There were 7513 open contracts at this strike prior to today, and today 1805 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a call option sweep with bullish sentiment. It expires in 9 day(s) on February 16, 2024. Parties traded 140 contract(s) at a $130.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.6K, with a price of $283.0 per contract. There were 2062 open contracts at this strike prior to today, and today 952 contract(s) were bought and sold.
• Regarding CMG CMG, we observe a call option trade with neutral sentiment. It expires in 2 day(s) on February 9, 2024. Parties traded 10 contract(s) at a $2700.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $2900.0 per contract. There were 201 open contracts at this strike prior to today, and today 923 contract(s) were bought and sold.
• Regarding EBAY EBAY, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on February 16, 2024. Parties traded 570 contract(s) at a $43.00 strike. This particular put needed to be split into 60 different trades to become filled. The total cost received by the writing party (or parties) was $56.0K, with a price of $98.0 per contract. There were 38 open contracts at this strike prior to today, and today 881 contract(s) were bought and sold.
• Regarding HD HD, we observe a call option trade with bearish sentiment. It expires in 37 day(s) on March 15, 2024. Parties traded 500 contract(s) at a $380.00 strike. The total cost received by the writing party (or parties) was $202.5K, with a price of $405.0 per contract. There were 966 open contracts at this strike prior to today, and today 787 contract(s) were bought and sold.
• Regarding WING WING, we observe a put option trade with bearish sentiment. It expires in 37 day(s) on March 15, 2024. Parties traded 150 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $46.5K, with a price of $310.0 per contract. There were 1346 open contracts at this strike prior to today, and today 605 contract(s) were bought and sold.
• Regarding LI LI, we observe a put option sweep with bullish sentiment. It expires in 345 day(s) on January 17, 2025. Parties traded 36 contract(s) at a $37.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $985.0 per contract. There were 1350 open contracts at this strike prior to today, and today 476 contract(s) were bought and sold.
• Regarding RRR RRR, we observe a call option sweep with bearish sentiment. It expires in 72 day(s) on April 19, 2024. Parties traded 153 contract(s) at a $55.00 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 $48.9K, with a price of $320.0 per contract. There were 310 open contracts at this strike prior to today, and today 300 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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