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 | PUT | TRADE | BULLISH | 05/17/24 | $165.00 | $66.7K | 27.7K | 6.9K |
AMZN | CALL | SWEEP | BULLISH | 05/17/24 | $215.00 | $35.2K | 71.4K | 3.1K |
ROST | CALL | TRADE | BEARISH | 03/22/24 | $150.00 | $36.0K | 45 | 2.4K |
CVNA | CALL | SWEEP | BEARISH | 03/22/24 | $85.00 | $35.8K | 3.1K | 2.1K |
CZR | CALL | TRADE | BEARISH | 03/22/24 | $39.00 | $57.6K | 0 | 2.0K |
GCT | CALL | SWEEP | BULLISH | 04/19/24 | $50.00 | $34.0K | 3.3K | 1.1K |
ETSY | CALL | SWEEP | BEARISH | 12/20/24 | $70.00 | $383.6K | 13 | 702 |
WYNN | CALL | SWEEP | BEARISH | 05/17/24 | $110.00 | $27.0K | 2 | 609 |
PDD | CALL | TRADE | BEARISH | 04/19/24 | $160.00 | $108.5K | 4.0K | 552 |
F | CALL | SWEEP | BULLISH | 01/17/25 | $12.17 | $42.0K | 46.4K | 549 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option trade that happens to be bullish, expiring in 63 day(s) on May 17, 2024. This event was a transfer of 44 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $66.7K, with a price of $1516.0 per contract. There were 27742 open contracts at this strike prior to today, and today 6984 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 63 day(s) on May 17, 2024. This event was a transfer of 415 contract(s) at a $215.00 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 $35.2K, with a price of $85.0 per contract. There were 71476 open contracts at this strike prior to today, and today 3163 contract(s) were bought and sold.
• For ROST ROST, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on March 22, 2024. This event was a transfer of 2400 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $15.0 per contract. There were 45 open contracts at this strike prior to today, and today 2401 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on March 22, 2024. Parties traded 200 contract(s) at a $85.00 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 $35.8K, with a price of $179.0 per contract. There were 3148 open contracts at this strike prior to today, and today 2131 contract(s) were bought and sold.
• Regarding CZR CZR, we observe a call option trade with bearish sentiment. It expires in 7 day(s) on March 22, 2024. Parties traded 424 contract(s) at a $39.00 strike. The total cost received by the writing party (or parties) was $57.6K, with a price of $136.0 per contract. There were 0 open contracts at this strike prior to today, and today 2098 contract(s) were bought and sold.
• For GCT GCT, we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on April 19, 2024. This event was a transfer of 100 contract(s) at a $50.00 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 $34.0K, with a price of $340.0 per contract. There were 3381 open contracts at this strike prior to today, and today 1113 contract(s) were bought and sold.
• Regarding ETSY ETSY, we observe a call option sweep with bearish sentiment. It expires in 280 day(s) on December 20, 2024. Parties traded 352 contract(s) at a $70.00 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 $383.6K, with a price of $1090.0 per contract. There were 13 open contracts at this strike prior to today, and today 702 contract(s) were bought and sold.
• Regarding WYNN WYNN, we observe a call option sweep with bearish sentiment. It expires in 63 day(s) on May 17, 2024. Parties traded 120 contract(s) at a $110.00 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 $27.0K, with a price of $225.0 per contract. There were 2 open contracts at this strike prior to today, and today 609 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bearish, expiring in 35 day(s) on April 19, 2024. This event was a transfer of 500 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $108.5K, with a price of $217.0 per contract. There were 4001 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 308 day(s) on January 17, 2025. Parties traded 300 contract(s) at a $12.17 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 $42.0K, with a price of $140.0 per contract. There were 46402 open contracts at this strike prior to today, and today 549 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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