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 will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated 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 | SWEEP | BEARISH | 04/05/24 | $170.00 | $88.9K | 30.2K | 79.5K |
AMZN | PUT | TRADE | BULLISH | 04/05/24 | $180.00 | $33.4K | 6.5K | 13.4K |
DNUT | CALL | SWEEP | BEARISH | 04/19/24 | $17.50 | $26.1K | 10.0K | 3.0K |
BABA | CALL | SWEEP | BULLISH | 04/19/24 | $73.00 | $206.7K | 1.2K | 1.4K |
TCOM | CALL | TRADE | BEARISH | 04/19/24 | $45.00 | $28.8K | 3.3K | 1.0K |
ETSY | CALL | TRADE | BULLISH | 07/19/24 | $60.00 | $306.0K | 797 | 1.0K |
DASH | CALL | SWEEP | BEARISH | 05/17/24 | $155.00 | $29.2K | 4.5K | 754 |
TSCO | PUT | SWEEP | BEARISH | 04/05/24 | $255.00 | $25.8K | 29 | 337 |
VSCO | CALL | TRADE | BEARISH | 12/19/25 | $35.00 | $47.4K | 271 | 200 |
AAP | CALL | SWEEP | BULLISH | 01/17/25 | $80.00 | $128.1K | 1.0K | 73 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on April 5, 2024. Parties traded 200 contract(s) at a $170.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $88.9K, with a price of $445.0 per contract. There were 30268 open contracts at this strike prior to today, and today 79530 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option trade that happens to be bullish, expiring in 4 day(s) on April 5, 2024. This event was a transfer of 199 contract(s) at a $180.00 strike. The total cost received by the writing party (or parties) was $33.4K, with a price of $168.0 per contract. There were 6531 open contracts at this strike prior to today, and today 13476 contract(s) were bought and sold.
• Regarding DNUT DNUT, we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on April 19, 2024. Parties traded 1305 contract(s) at a $17.50 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $19.0 per contract. There were 10061 open contracts at this strike prior to today, and today 3062 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on April 19, 2024. This event was a transfer of 994 contract(s) at a $73.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $206.7K, with a price of $208.0 per contract. There were 1263 open contracts at this strike prior to today, and today 1443 contract(s) were bought and sold.
• For TCOM TCOM, we notice a call option trade that happens to be bearish, expiring in 18 day(s) on April 19, 2024. This event was a transfer of 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $28.8K, with a price of $288.0 per contract. There were 3331 open contracts at this strike prior to today, and today 1065 contract(s) were bought and sold.
• For ETSY ETSY, we notice a call option trade that happens to be bullish, expiring in 109 day(s) on July 19, 2024. This event was a transfer of 300 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $306.0K, with a price of $1020.0 per contract. There were 797 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For DASH DASH, we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on May 17, 2024. This event was a transfer of 80 contract(s) at a $155.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $29.2K, with a price of $365.0 per contract. There were 4589 open contracts at this strike prior to today, and today 754 contract(s) were bought and sold.
• Regarding TSCO TSCO, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on April 5, 2024. Parties traded 258 contract(s) at a $255.00 strike. This particular put needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $100.0 per contract. There were 29 open contracts at this strike prior to today, and today 337 contract(s) were bought and sold.
• For VSCO VSCO, we notice a call option trade that happens to be bearish, expiring in 627 day(s) on December 19, 2025. This event was a transfer of 200 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $47.4K, with a price of $237.0 per contract. There were 271 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• Regarding AAP AAP, we observe a call option sweep with bullish sentiment. It expires in 291 day(s) on January 17, 2025. Parties traded 73 contract(s) at a $80.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $128.1K, with a price of $1755.0 per contract. There were 1086 open contracts at this strike prior to today, and today 73 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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