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.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BULLISH | 03/01/24 | $202.50 | $42.8K | 18.2K | 118.2K |
AMZN | CALL | SWEEP | BULLISH | 03/15/24 | $177.50 | $73.0K | 9.7K | 6.5K |
JD | CALL | SWEEP | BEARISH | 03/15/24 | $22.50 | $30.8K | 18.7K | 5.7K |
VFC | CALL | SWEEP | BEARISH | 03/15/24 | $17.00 | $45.3K | 7.3K | 4.9K |
MBLY | CALL | SWEEP | BEARISH | 03/15/24 | $28.00 | $52.1K | 4.1K | 2.5K |
MCD | CALL | SWEEP | BEARISH | 03/15/24 | $300.00 | $53.0K | 5.0K | 1.7K |
LI | PUT | SWEEP | BEARISH | 04/19/24 | $40.00 | $105.8K | 1.8K | 1.2K |
HD | CALL | TRADE | BEARISH | 03/15/24 | $400.00 | $30.2K | 1.6K | 1.1K |
PDD | CALL | TRADE | NEUTRAL | 03/08/24 | $140.00 | $30.0K | 151 | 1.1K |
W | CALL | SWEEP | BULLISH | 04/19/24 | $60.00 | $186.0K | 3.3K | 675 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 428 contract(s) at a $202.50 strike. This particular call needed to be split into 60 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $100.0 per contract. There were 18283 open contracts at this strike prior to today, and today 118220 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on March 15, 2024. This event was a transfer of 200 contract(s) at a $177.50 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 $73.0K, with a price of $365.0 per contract. There were 9779 open contracts at this strike prior to today, and today 6550 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on March 15, 2024. Parties traded 200 contract(s) at a $22.50 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 $30.8K, with a price of $154.0 per contract. There were 18713 open contracts at this strike prior to today, and today 5741 contract(s) were bought and sold.
• Regarding VFC VFC, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on March 15, 2024. Parties traded 1103 contract(s) at a $17.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $45.3K, with a price of $41.0 per contract. There were 7394 open contracts at this strike prior to today, and today 4974 contract(s) were bought and sold.
• For MBLY MBLY, we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on March 15, 2024. This event was a transfer of 579 contract(s) at a $28.00 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 $52.1K, with a price of $90.0 per contract. There were 4105 open contracts at this strike prior to today, and today 2587 contract(s) were bought and sold.
• Regarding MCD MCD, we observe a call option sweep with bearish sentiment. It expires in 14 day(s) on March 15, 2024. Parties traded 884 contract(s) at a $300.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $53.0K, with a price of $60.0 per contract. There were 5001 open contracts at this strike prior to today, and today 1736 contract(s) were bought and sold.
• Regarding LI LI, we observe a put option sweep with bearish sentiment. It expires in 49 day(s) on April 19, 2024. Parties traded 588 contract(s) at a $40.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $105.8K, with a price of $180.0 per contract. There were 1821 open contracts at this strike prior to today, and today 1221 contract(s) were bought and sold.
• For HD HD, we notice a call option trade that happens to be bearish, expiring in 14 day(s) on March 15, 2024. This event was a transfer of 605 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $50.0 per contract. There were 1637 open contracts at this strike prior to today, and today 1178 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be neutral, expiring in 7 day(s) on March 8, 2024. This event was a transfer of 1000 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $30.0 per contract. There were 151 open contracts at this strike prior to today, and today 1118 contract(s) were bought and sold.
• Regarding W W, we observe a call option sweep with bullish sentiment. It expires in 49 day(s) on April 19, 2024. Parties traded 300 contract(s) at a $60.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $186.0K, with a price of $620.0 per contract. There were 3342 open contracts at this strike prior to today, and today 675 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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