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.
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 | PUT | SWEEP | BULLISH | 04/05/24 | $170.00 | $39.5K | 20.6K | 145.6K |
F | CALL | SWEEP | BULLISH | 05/17/24 | $13.82 | $33.0K | 19.3K | 5.1K |
AMZN | CALL | SWEEP | BULLISH | 05/17/24 | $185.00 | $87.5K | 13.7K | 1.6K |
CVNA | PUT | SWEEP | BEARISH | 04/12/24 | $80.00 | $65.0K | 298 | 786 |
LULU | PUT | SWEEP | BEARISH | 04/19/24 | $350.00 | $88.2K | 782 | 649 |
WYNN | CALL | SWEEP | BULLISH | 09/20/24 | $125.00 | $78.3K | 162 | 371 |
PLNT | PUT | SWEEP | BULLISH | 05/17/24 | $60.00 | $39.8K | 1.0K | 204 |
MAR | PUT | SWEEP | BEARISH | 09/20/24 | $230.00 | $101.2K | 369 | 166 |
RH | PUT | SWEEP | BEARISH | 04/05/24 | $335.00 | $42.8K | 104 | 101 |
GM | PUT | SWEEP | BEARISH | 12/20/24 | $47.00 | $45.0K | 1.3K | 91 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 1 day(s) on April 5, 2024. This event was a transfer of 1143 contract(s) at a $170.00 strike. This particular put needed to be split into 153 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $34.0 per contract. There were 20617 open contracts at this strike prior to today, and today 145618 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 43 day(s) on May 17, 2024. Parties traded 600 contract(s) at a $13.82 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $55.0 per contract. There were 19361 open contracts at this strike prior to today, and today 5168 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on May 17, 2024. This event was a transfer of 100 contract(s) at a $185.00 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 $87.5K, with a price of $875.0 per contract. There were 13799 open contracts at this strike prior to today, and today 1677 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on April 12, 2024. Parties traded 500 contract(s) at a $80.00 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 $65.0K, with a price of $130.0 per contract. There were 298 open contracts at this strike prior to today, and today 786 contract(s) were bought and sold.
• For LULU LULU, we notice a put option sweep that happens to be bearish, expiring in 15 day(s) on April 19, 2024. This event was a transfer of 378 contract(s) at a $350.00 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 $88.2K, with a price of $239.0 per contract. There were 782 open contracts at this strike prior to today, and today 649 contract(s) were bought and sold.
• For WYNN WYNN, we notice a call option sweep that happens to be bullish, expiring in 169 day(s) on September 20, 2024. This event was a transfer of 180 contract(s) at a $125.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $78.3K, with a price of $435.0 per contract. There were 162 open contracts at this strike prior to today, and today 371 contract(s) were bought and sold.
• For PLNT PLNT, we notice a put option sweep that happens to be bullish, expiring in 43 day(s) on May 17, 2024. This event was a transfer of 179 contract(s) at a $60.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.8K, with a price of $225.0 per contract. There were 1082 open contracts at this strike prior to today, and today 204 contract(s) were bought and sold.
• Regarding MAR MAR, we observe a put option sweep with bearish sentiment. It expires in 169 day(s) on September 20, 2024. Parties traded 166 contract(s) at a $230.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $101.2K, with a price of $600.0 per contract. There were 369 open contracts at this strike prior to today, and today 166 contract(s) were bought and sold.
• Regarding RH RH, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on April 5, 2024. Parties traded 10 contract(s) at a $335.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $4280.0 per contract. There were 104 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.
• Regarding GM GM, we observe a put option sweep with bearish sentiment. It expires in 260 day(s) on December 20, 2024. Parties traded 91 contract(s) at a $47.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $494.0 per contract. There were 1362 open contracts at this strike prior to today, and today 91 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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