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 |
---|---|---|---|---|---|---|---|---|
WFC | CALL | SWEEP | NEUTRAL | 01/17/25 | $60.00 | $32.6K | 18.6K | 1.6K |
C | CALL | TRADE | BEARISH | 03/28/24 | $55.00 | $145.2K | 1.8K | 703 |
GGAL | CALL | TRADE | BULLISH | 07/19/24 | $35.00 | $45.0K | 24.6K | 674 |
TOST | PUT | SWEEP | BULLISH | 04/19/24 | $23.00 | $27.7K | 643 | 533 |
JPM | CALL | SWEEP | NEUTRAL | 04/19/24 | $180.00 | $136.5K | 8.6K | 529 |
COIN | PUT | TRADE | BEARISH | 05/17/24 | $250.00 | $28.8K | 382 | 297 |
PYPL | PUT | SWEEP | BULLISH | 04/19/24 | $66.00 | $42.8K | 1.1K | 198 |
MS | CALL | SWEEP | BULLISH | 06/21/24 | $95.00 | $27.2K | 13.6K | 176 |
STNE | PUT | SWEEP | BEARISH | 05/17/24 | $18.00 | $28.0K | 58 | 144 |
GS | PUT | TRADE | NEUTRAL | 11/15/24 | $410.00 | $219.2K | 85 | 80 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding WFC WFC, we observe a call option sweep with neutral sentiment. It expires in 296 day(s) on January 17, 2025. Parties traded 71 contract(s) at a $60.00 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 $32.6K, with a price of $460.0 per contract. There were 18659 open contracts at this strike prior to today, and today 1634 contract(s) were bought and sold.
• Regarding C C, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on March 28, 2024. Parties traded 200 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $145.2K, with a price of $726.0 per contract. There were 1838 open contracts at this strike prior to today, and today 703 contract(s) were bought and sold.
• For GGAL GGAL, we notice a call option trade that happens to be bullish, expiring in 114 day(s) on July 19, 2024. This event was a transfer of 500 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $45.0K, with a price of $90.0 per contract. There were 24641 open contracts at this strike prior to today, and today 674 contract(s) were bought and sold.
• For TOST TOST, we notice a put option sweep that happens to be bullish, expiring in 23 day(s) on April 19, 2024. This event was a transfer of 533 contract(s) at a $23.00 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 $27.7K, with a price of $52.0 per contract. There were 643 open contracts at this strike prior to today, and today 533 contract(s) were bought and sold.
• For JPM JPM, we notice a call option sweep that happens to be neutral, expiring in 23 day(s) on April 19, 2024. This event was a transfer of 76 contract(s) at a $180.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $136.5K, with a price of $1799.0 per contract. There were 8697 open contracts at this strike prior to today, and today 529 contract(s) were bought and sold.
• For COIN COIN, we notice a put option trade that happens to be bearish, expiring in 51 day(s) on May 17, 2024. This event was a transfer of 10 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $2885.0 per contract. There were 382 open contracts at this strike prior to today, and today 297 contract(s) were bought and sold.
• Regarding PYPL PYPL, we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on April 19, 2024. Parties traded 238 contract(s) at a $66.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $180.0 per contract. There were 1106 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold.
• For MS MS, we notice a call option sweep that happens to be bullish, expiring in 86 day(s) on June 21, 2024. This event was a transfer of 80 contract(s) at a $95.00 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 $27.2K, with a price of $340.0 per contract. There were 13620 open contracts at this strike prior to today, and today 176 contract(s) were bought and sold.
• For STNE STNE, we notice a put option sweep that happens to be bearish, expiring in 51 day(s) on May 17, 2024. This event was a transfer of 144 contract(s) at a $18.00 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 $28.0K, with a price of $195.0 per contract. There were 58 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold.
• For GS GS, we notice a put option trade that happens to be neutral, expiring in 233 day(s) on November 15, 2024. This event was a transfer of 80 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $219.2K, with a price of $2740.0 per contract. There were 85 open contracts at this strike prior to today, and today 80 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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