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 | BULLISH | 03/01/24 | $205.00 | $50.3K | 32.9K | 145.7K |
FL | PUT | TRADE | BULLISH | 01/16/26 | $30.00 | $1.7 million | 143 | 3.0K |
LI | CALL | SWEEP | BULLISH | 04/19/24 | $33.00 | $320.6K | 190 | 2.6K |
CPNG | CALL | SWEEP | BULLISH | 03/08/24 | $18.00 | $25.5K | 2.3K | 1.6K |
GLBE | CALL | SWEEP | BEARISH | 04/19/24 | $35.00 | $40.1K | 1.1K | 847 |
AMZN | CALL | TRADE | BEARISH | 01/16/26 | $175.00 | $36.6K | 2.4K | 291 |
ABNB | PUT | SWEEP | NEUTRAL | 03/01/24 | $152.50 | $53.5K | 492 | 284 |
CVNA | CALL | SWEEP | BEARISH | 04/19/24 | $70.00 | $34.7K | 2.0K | 83 |
WHR | CALL | TRADE | BULLISH | 01/16/26 | $100.00 | $40.4K | 444 | 61 |
MMYT | CALL | TRADE | BEARISH | 08/16/24 | $40.00 | $51.2K | 29 | 25 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on March 1, 2024. Parties traded 207 contract(s) at a $205.00 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 $50.3K, with a price of $244.0 per contract. There were 32954 open contracts at this strike prior to today, and today 145738 contract(s) were bought and sold.
• Regarding FL FL, we observe a put option trade with bullish sentiment. It expires in 688 day(s) on January 16, 2026. Parties traded 3000 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $1.7 million, with a price of $590.0 per contract. There were 143 open contracts at this strike prior to today, and today 3000 contract(s) were bought and sold.
• For LI LI, we notice a call option sweep that happens to be bullish, expiring in 51 day(s) on April 19, 2024. This event was a transfer of 240 contract(s) at a $33.00 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 $320.6K, with a price of $1335.0 per contract. There were 190 open contracts at this strike prior to today, and today 2674 contract(s) were bought and sold.
• For CPNG CPNG, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on March 8, 2024. This event was a transfer of 500 contract(s) at a $18.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $51.0 per contract. There were 2375 open contracts at this strike prior to today, and today 1677 contract(s) were bought and sold.
• For GLBE GLBE, we notice a call option sweep that happens to be bearish, expiring in 51 day(s) on April 19, 2024. This event was a transfer of 200 contract(s) at a $35.00 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 $40.1K, with a price of $200.0 per contract. There were 1191 open contracts at this strike prior to today, and today 847 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option trade with bearish sentiment. It expires in 688 day(s) on January 16, 2026. Parties traded 10 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $36.6K, with a price of $3667.0 per contract. There were 2468 open contracts at this strike prior to today, and today 291 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a put option sweep with neutral sentiment. It expires in 2 day(s) on March 1, 2024. Parties traded 500 contract(s) at a $152.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $53.5K, with a price of $107.0 per contract. There were 492 open contracts at this strike prior to today, and today 284 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a call option sweep with bearish sentiment. It expires in 51 day(s) on April 19, 2024. Parties traded 25 contract(s) at a $70.00 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 $34.7K, with a price of $1390.0 per contract. There were 2034 open contracts at this strike prior to today, and today 83 contract(s) were bought and sold.
• Regarding WHR WHR, we observe a call option trade with bullish sentiment. It expires in 688 day(s) on January 16, 2026. Parties traded 20 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $40.4K, with a price of $2020.0 per contract. There were 444 open contracts at this strike prior to today, and today 61 contract(s) were bought and sold.
• Regarding MMYT MMYT, we observe a call option trade with bearish sentiment. It expires in 170 day(s) on August 16, 2024. Parties traded 25 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $51.2K, with a price of $2050.0 per contract. There were 29 open contracts at this strike prior to today, and today 25 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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