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.
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 | BULLISH | 02/09/24 | $192.50 | $40.4K | 38.8K | 206.6K |
AMZN | CALL | TRADE | BEARISH | 02/16/24 | $182.50 | $84.0K | 4.0K | 10.4K |
MMYT | PUT | TRADE | BEARISH | 08/16/24 | $55.00 | $294.5K | 2 | 2.7K |
NKE | CALL | SWEEP | BEARISH | 02/16/24 | $103.00 | $59.9K | 747 | 887 |
MGM | CALL | SWEEP | BEARISH | 03/15/24 | $33.00 | $41.5K | 298 | 301 |
ETSY | CALL | SWEEP | BEARISH | 06/21/24 | $80.00 | $179.5K | 1.8K | 235 |
PLAY | CALL | SWEEP | BULLISH | 04/19/24 | $65.00 | $26.5K | 44 | 148 |
OLLI | CALL | SWEEP | NEUTRAL | 01/16/26 | $95.00 | $27.0K | 0 | 121 |
PLCE | PUT | TRADE | BULLISH | 07/18/25 | $10.00 | $34.9K | 0 | 102 |
RH | CALL | TRADE | BEARISH | 09/20/24 | $360.00 | $110.5K | 33 | 100 |
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 bullish, is expiring today. Parties traded 575 contract(s) at a $192.50 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 $40.4K, with a price of $71.0 per contract. There were 38872 open contracts at this strike prior to today, and today 206668 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on February 16, 2024. This event was a transfer of 3000 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $84.0K, with a price of $28.0 per contract. There were 4083 open contracts at this strike prior to today, and today 10416 contract(s) were bought and sold.
• For MMYT MMYT, we notice a put option trade that happens to be bearish, expiring in 189 day(s) on August 16, 2024. This event was a transfer of 595 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $294.5K, with a price of $495.0 per contract. There were 2 open contracts at this strike prior to today, and today 2733 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on February 16, 2024. This event was a transfer of 301 contract(s) at a $103.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $59.9K, with a price of $199.0 per contract. There were 747 open contracts at this strike prior to today, and today 887 contract(s) were bought and sold.
• For MGM MGM, we notice a call option sweep that happens to be bearish, expiring in 35 day(s) on March 15, 2024. This event was a transfer of 30 contract(s) at a $33.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $41.5K, with a price of $1385.0 per contract. There were 298 open contracts at this strike prior to today, and today 301 contract(s) were bought and sold.
• Regarding ETSY ETSY, we observe a call option sweep with bearish sentiment. It expires in 133 day(s) on June 21, 2024. Parties traded 190 contract(s) at a $80.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $179.5K, with a price of $945.0 per contract. There were 1838 open contracts at this strike prior to today, and today 235 contract(s) were bought and sold.
• Regarding PLAY PLAY, we observe a call option sweep with bullish sentiment. It expires in 70 day(s) on April 19, 2024. Parties traded 102 contract(s) at a $65.00 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 $26.5K, with a price of $260.0 per contract. There were 44 open contracts at this strike prior to today, and today 148 contract(s) were bought and sold.
• Regarding OLLI OLLI, we observe a call option sweep with neutral sentiment. It expires in 707 day(s) on January 16, 2026. Parties traded 24 contract(s) at a $95.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $1130.0 per contract. There were 0 open contracts at this strike prior to today, and today 121 contract(s) were bought and sold.
• Regarding PLCE PLCE, we observe a put option trade with bullish sentiment. It expires in 525 day(s) on July 18, 2025. Parties traded 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $34.9K, with a price of $349.0 per contract. There were 0 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold.
• For RH RH, we notice a call option trade that happens to be bearish, expiring in 224 day(s) on September 20, 2024. This event was a transfer of 100 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $110.5K, with a price of $1105.0 per contract. There were 33 open contracts at this strike prior to today, and today 100 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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