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 | BEARISH | 02/23/24 | $195.00 | $63.0K | 12.3K | 133.6K |
RIVN | PUT | SWEEP | BULLISH | 10/18/24 | $10.00 | $32.3K | 18.4K | 15.5K |
CVNA | CALL | SWEEP | BULLISH | 03/01/24 | $70.00 | $294.8K | 9.3K | 9.6K |
BABA | CALL | SWEEP | BULLISH | 04/19/24 | $80.00 | $61.4K | 14.4K | 1.9K |
AMZN | PUT | TRADE | BEARISH | 04/19/24 | $170.00 | $43.8K | 6.1K | 792 |
QRTEA | PUT | SWEEP | BULLISH | 10/18/24 | $2.00 | $45.0K | 0 | 500 |
CPNG | PUT | SWEEP | BEARISH | 04/19/24 | $15.00 | $26.5K | 1.9K | 499 |
LVS | CALL | TRADE | BEARISH | 04/19/24 | $55.00 | $80.9K | 4.6K | 474 |
FL | PUT | SWEEP | BEARISH | 03/15/24 | $33.00 | $30.0K | 2.5K | 346 |
CROX | CALL | TRADE | NEUTRAL | 06/21/24 | $130.00 | $29.2K | 431 | 77 |
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, is expiring today. Parties traded 1402 contract(s) at a $195.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $63.0K, with a price of $45.0 per contract. There were 12319 open contracts at this strike prior to today, and today 133691 contract(s) were bought and sold.
• For RIVN RIVN, we notice a put option sweep that happens to be bullish, expiring in 238 day(s) on October 18, 2024. This event was a transfer of 143 contract(s) at a $10.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $226.0 per contract. There were 18423 open contracts at this strike prior to today, and today 15515 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on March 1, 2024. This event was a transfer of 702 contract(s) at a $70.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $294.8K, with a price of $430.0 per contract. There were 9365 open contracts at this strike prior to today, and today 9642 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 56 day(s) on April 19, 2024. Parties traded 199 contract(s) at a $80.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $61.4K, with a price of $307.0 per contract. There were 14496 open contracts at this strike prior to today, and today 1987 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option trade with bearish sentiment. It expires in 56 day(s) on April 19, 2024. Parties traded 100 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $439.0 per contract. There were 6194 open contracts at this strike prior to today, and today 792 contract(s) were bought and sold.
• For QRTEA QRTEA, we notice a put option sweep that happens to be bullish, expiring in 238 day(s) on October 18, 2024. This event was a transfer of 500 contract(s) at a $2.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $90.0 per contract. There were 0 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• For CPNG CPNG, we notice a put option sweep that happens to be bearish, expiring in 56 day(s) on April 19, 2024. This event was a transfer of 492 contract(s) at a $15.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $54.0 per contract. There were 1930 open contracts at this strike prior to today, and today 499 contract(s) were bought and sold.
• For LVS LVS, we notice a call option trade that happens to be bearish, expiring in 56 day(s) on April 19, 2024. This event was a transfer of 310 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $80.9K, with a price of $261.0 per contract. There were 4654 open contracts at this strike prior to today, and today 474 contract(s) were bought and sold.
• For FL FL, we notice a put option sweep that happens to be bearish, expiring in 21 day(s) on March 15, 2024. This event was a transfer of 150 contract(s) at a $33.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $200.0 per contract. There were 2561 open contracts at this strike prior to today, and today 346 contract(s) were bought and sold.
• For CROX CROX, we notice a call option trade that happens to be neutral, expiring in 119 day(s) on June 21, 2024. This event was a transfer of 38 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $770.0 per contract. There were 431 open contracts at this strike prior to today, and today 77 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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