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 | BEARISH | 03/22/24 | $180.00 | $33.5K | 34.3K | 52.3K |
F | PUT | SWEEP | BULLISH | 04/19/24 | $12.82 | $27.6K | 8.5K | 2.6K |
AMZN | PUT | SWEEP | BULLISH | 03/28/24 | $170.00 | $26.1K | 3.2K | 2.2K |
VFC | PUT | TRADE | BULLISH | 04/19/24 | $14.00 | $63.6K | 11 | 1.2K |
PDD | CALL | SWEEP | BULLISH | 03/28/24 | $150.00 | $46.8K | 2.8K | 1.1K |
LI | PUT | TRADE | BEARISH | 05/17/24 | $35.00 | $42.3K | 5.5K | 942 |
RH | CALL | TRADE | BEARISH | 04/19/24 | $320.00 | $280.0K | 88 | 353 |
DUOL | CALL | TRADE | NEUTRAL | 04/19/24 | $240.00 | $31.5K | 254 | 281 |
NKE | PUT | TRADE | BULLISH | 01/16/26 | $87.50 | $165.0K | 218 | 200 |
EXPE | CALL | TRADE | BULLISH | 03/28/24 | $136.00 | $41.9K | 70 | 25 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on March 22, 2024. Parties traded 486 contract(s) at a $180.00 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 $33.5K, with a price of $69.0 per contract. There were 34384 open contracts at this strike prior to today, and today 52300 contract(s) were bought and sold.
• For F F, we notice a put option sweep that happens to be bullish, expiring in 31 day(s) on April 19, 2024. This event was a transfer of 425 contract(s) at a $12.82 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $65.0 per contract. There were 8555 open contracts at this strike prior to today, and today 2664 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on March 28, 2024. Parties traded 340 contract(s) at a $170.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $77.0 per contract. There were 3260 open contracts at this strike prior to today, and today 2278 contract(s) were bought and sold.
• For VFC VFC, we notice a put option trade that happens to be bullish, expiring in 31 day(s) on April 19, 2024. This event was a transfer of 1200 contract(s) at a $14.00 strike. The total cost received by the writing party (or parties) was $63.6K, with a price of $53.0 per contract. There were 11 open contracts at this strike prior to today, and today 1215 contract(s) were bought and sold.
• For PDD PDD, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on March 28, 2024. This event was a transfer of 202 contract(s) at a $150.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $46.8K, with a price of $232.0 per contract. There were 2858 open contracts at this strike prior to today, and today 1185 contract(s) were bought and sold.
• For LI LI, we notice a put option trade that happens to be bearish, expiring in 59 day(s) on May 17, 2024. This event was a transfer of 100 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $42.3K, with a price of $423.0 per contract. There were 5582 open contracts at this strike prior to today, and today 942 contract(s) were bought and sold.
• For RH RH, we notice a call option trade that happens to be bearish, expiring in 31 day(s) on April 19, 2024. This event was a transfer of 350 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $280.0K, with a price of $800.0 per contract. There were 88 open contracts at this strike prior to today, and today 353 contract(s) were bought and sold.
• For DUOL DUOL, we notice a call option trade that happens to be neutral, expiring in 31 day(s) on April 19, 2024. This event was a transfer of 50 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $630.0 per contract. There were 254 open contracts at this strike prior to today, and today 281 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a put option trade with bullish sentiment. It expires in 668 day(s) on January 16, 2026. Parties traded 200 contract(s) at a $87.50 strike. The total cost received by the writing party (or parties) was $165.0K, with a price of $825.0 per contract. There were 218 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For EXPE EXPE, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on March 28, 2024. This event was a transfer of 227 contract(s) at a $136.00 strike. The total cost received by the writing party (or parties) was $41.9K, with a price of $185.0 per contract. There were 70 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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