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 | 04/12/24 | $170.00 | $45.0K | 36.0K | 122.9K |
VZIO | CALL | TRADE | BULLISH | 08/16/24 | $11.00 | $74.8K | 715 | 7.0K |
BABA | CALL | TRADE | NEUTRAL | 06/21/24 | $80.00 | $25.6K | 48.4K | 2.2K |
AMZN | CALL | TRADE | BEARISH | 05/17/24 | $185.00 | $63.4K | 17.3K | 1.4K |
ETSY | PUT | SWEEP | BULLISH | 01/17/25 | $70.00 | $48.4K | 1.7K | 502 |
ULTA | PUT | TRADE | BULLISH | 05/17/24 | $410.00 | $38.7K | 673 | 436 |
DASH | PUT | SWEEP | BEARISH | 08/16/24 | $125.00 | $55.8K | 472 | 281 |
LULU | CALL | SWEEP | BEARISH | 05/17/24 | $350.00 | $55.7K | 117 | 190 |
KMX | CALL | TRADE | NEUTRAL | 07/19/24 | $82.50 | $29.5K | 127 | 115 |
RH | CALL | SWEEP | BULLISH | 06/21/24 | $270.00 | $58.5K | 326 | 71 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on April 12, 2024. Parties traded 246 contract(s) at a $170.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $45.0K, with a price of $183.0 per contract. There were 36079 open contracts at this strike prior to today, and today 122945 contract(s) were bought and sold.
• Regarding VZIO VZIO, we observe a call option trade with bullish sentiment. It expires in 128 day(s) on August 16, 2024. Parties traded 1872 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $74.8K, with a price of $40.0 per contract. There were 715 open contracts at this strike prior to today, and today 7087 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option trade with neutral sentiment. It expires in 72 day(s) on June 21, 2024. Parties traded 100 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $256.0 per contract. There were 48404 open contracts at this strike prior to today, and today 2265 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option trade with bearish sentiment. It expires in 37 day(s) on May 17, 2024. Parties traded 70 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $63.4K, with a price of $906.0 per contract. There were 17374 open contracts at this strike prior to today, and today 1471 contract(s) were bought and sold.
• Regarding ETSY ETSY, we observe a put option sweep with bullish sentiment. It expires in 282 day(s) on January 17, 2025. Parties traded 40 contract(s) at a $70.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $48.4K, with a price of $1210.0 per contract. There were 1718 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.
• Regarding ULTA ULTA, we observe a put option trade with bullish sentiment. It expires in 37 day(s) on May 17, 2024. Parties traded 129 contract(s) at a $410.00 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $300.0 per contract. There were 673 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a put option sweep with bearish sentiment. It expires in 128 day(s) on August 16, 2024. Parties traded 60 contract(s) at a $125.00 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 $55.8K, with a price of $932.0 per contract. There were 472 open contracts at this strike prior to today, and today 281 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on May 17, 2024. Parties traded 39 contract(s) at a $350.00 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 $55.7K, with a price of $1430.0 per contract. There were 117 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold.
• Regarding KMX KMX, we observe a call option trade with neutral sentiment. It expires in 100 day(s) on July 19, 2024. Parties traded 50 contract(s) at a $82.50 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $590.0 per contract. There were 127 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.
• Regarding RH RH, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on June 21, 2024. Parties traded 25 contract(s) at a $270.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $58.5K, with a price of $2340.0 per contract. There were 326 open contracts at this strike prior to today, and today 71 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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