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 |
---|---|---|---|---|---|---|---|---|
GE | CALL | TRADE | BEARISH | 01/17/25 | $165.00 | $152.1K | 191 | 5.2K |
LYFT | CALL | SWEEP | BULLISH | 03/15/24 | $15.00 | $27.3K | 3.2K | 4.5K |
JCI | CALL | SWEEP | BEARISH | 04/19/24 | $60.00 | $26.1K | 1.9K | 2.4K |
DDD | PUT | SWEEP | BULLISH | 08/16/24 | $5.00 | $105.0K | 47 | 2.1K |
MMM | CALL | TRADE | BULLISH | 06/21/24 | $100.00 | $83.3K | 1.5K | 1.5K |
BA | CALL | SWEEP | BEARISH | 03/15/24 | $200.00 | $92.5K | 3.8K | 803 |
VRT | CALL | SWEEP | BULLISH | 06/21/24 | $75.00 | $90.0K | 1.8K | 504 |
SPCE | PUT | SWEEP | BULLISH | 01/17/25 | $2.00 | $38.0K | 5.1K | 465 |
UBER | CALL | SWEEP | BEARISH | 12/20/24 | $95.00 | $30.0K | 9 | 448 |
DAL | CALL | SWEEP | BEARISH | 03/01/24 | $41.00 | $26.2K | 347 | 340 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding GE GE, we observe a call option trade with bearish sentiment. It expires in 338 day(s) on January 17, 2025. Parties traded 178 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $152.1K, with a price of $855.0 per contract. There were 191 open contracts at this strike prior to today, and today 5226 contract(s) were bought and sold.
• Regarding LYFT LYFT, we observe a call option sweep with bullish sentiment. It expires in 30 day(s) on March 15, 2024. Parties traded 150 contract(s) at a $15.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $182.0 per contract. There were 3291 open contracts at this strike prior to today, and today 4526 contract(s) were bought and sold.
• For JCI JCI, we notice a call option sweep that happens to be bearish, expiring in 65 day(s) on April 19, 2024. This event was a transfer of 218 contract(s) at a $60.00 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 $26.1K, with a price of $120.0 per contract. There were 1982 open contracts at this strike prior to today, and today 2408 contract(s) were bought and sold.
• Regarding DDD DDD, we observe a put option sweep with bullish sentiment. It expires in 184 day(s) on August 16, 2024. Parties traded 1400 contract(s) at a $5.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $105.0K, with a price of $75.0 per contract. There were 47 open contracts at this strike prior to today, and today 2100 contract(s) were bought and sold.
• For MMM MMM, we notice a call option trade that happens to be bullish, expiring in 128 day(s) on June 21, 2024. This event was a transfer of 384 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $83.3K, with a price of $217.0 per contract. There were 1526 open contracts at this strike prior to today, and today 1532 contract(s) were bought and sold.
• For BA BA, we notice a call option sweep that happens to be bearish, expiring in 30 day(s) on March 15, 2024. This event was a transfer of 100 contract(s) at a $200.00 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 $92.5K, with a price of $925.0 per contract. There were 3809 open contracts at this strike prior to today, and today 803 contract(s) were bought and sold.
• For VRT VRT, we notice a call option sweep that happens to be bullish, expiring in 128 day(s) on June 21, 2024. This event was a transfer of 150 contract(s) at a $75.00 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 $90.0K, with a price of $600.0 per contract. There were 1820 open contracts at this strike prior to today, and today 504 contract(s) were bought and sold.
• Regarding SPCE SPCE, we observe a put option sweep with bullish sentiment. It expires in 338 day(s) on January 17, 2025. Parties traded 464 contract(s) at a $2.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $82.0 per contract. There were 5187 open contracts at this strike prior to today, and today 465 contract(s) were bought and sold.
• For UBER UBER, we notice a call option sweep that happens to be bearish, expiring in 310 day(s) on December 20, 2024. This event was a transfer of 50 contract(s) at a $95.00 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 $30.0K, with a price of $601.0 per contract. There were 9 open contracts at this strike prior to today, and today 448 contract(s) were bought and sold.
• For DAL DAL, we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on March 1, 2024. This event was a transfer of 288 contract(s) at a $41.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $91.0 per contract. There were 347 open contracts at this strike prior to today, and today 340 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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