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.
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 | CALL | SWEEP | BULLISH | 04/19/24 | $150.00 | $110.6K | 13.1K | 82.1K |
XPEV | PUT | TRADE | BEARISH | 04/19/24 | $8.00 | $504.0K | 12.5K | 6.0K |
F | CALL | SWEEP | BULLISH | 09/20/24 | $12.82 | $128.0K | 13.6K | 2.2K |
LULU | CALL | SWEEP | NEUTRAL | 05/17/24 | $380.00 | $102.7K | 6.7K | 1.5K |
RIVN | CALL | SWEEP | BEARISH | 04/26/24 | $8.50 | $28.5K | 1.9K | 1.0K |
VFC | PUT | SWEEP | BULLISH | 08/16/24 | $12.50 | $82.9K | 3.7K | 564 |
AMZN | PUT | SWEEP | BEARISH | 07/19/24 | $185.00 | $45.3K | 3.5K | 265 |
TJX | PUT | SWEEP | BEARISH | 01/17/25 | $82.50 | $28.0K | 2.1K | 176 |
WING | PUT | TRADE | BULLISH | 04/19/24 | $360.00 | $29.6K | 541 | 125 |
AZO | PUT | SWEEP | BEARISH | 04/19/24 | $3000.00 | $46.8K | 73 | 97 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 505 contract(s) at a $150.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $110.6K, with a price of $222.0 per contract. There were 13155 open contracts at this strike prior to today, and today 82167 contract(s) were bought and sold.
• For XPEV XPEV, we notice a put option trade that happens to be bearish, expiring in 1 day(s) on April 19, 2024. This event was a transfer of 6000 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $504.0K, with a price of $84.0 per contract. There were 12522 open contracts at this strike prior to today, and today 6010 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bullish, expiring in 155 day(s) on September 20, 2024. This event was a transfer of 1754 contract(s) at a $12.82 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 $128.0K, with a price of $73.0 per contract. There were 13629 open contracts at this strike prior to today, and today 2227 contract(s) were bought and sold.
• For LULU LULU, we notice a call option sweep that happens to be neutral, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 501 contract(s) at a $380.00 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 $102.7K, with a price of $205.0 per contract. There were 6750 open contracts at this strike prior to today, and today 1541 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on April 26, 2024. Parties traded 420 contract(s) at a $8.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $68.0 per contract. There were 1991 open contracts at this strike prior to today, and today 1039 contract(s) were bought and sold.
• For VFC VFC, we notice a put option sweep that happens to be bullish, expiring in 120 day(s) on August 16, 2024. This event was a transfer of 564 contract(s) at a $12.50 strike. This particular put needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $82.9K, with a price of $147.0 per contract. There were 3702 open contracts at this strike prior to today, and today 564 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option sweep with bearish sentiment. It expires in 92 day(s) on July 19, 2024. Parties traded 34 contract(s) at a $185.00 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 $45.3K, with a price of $1335.0 per contract. There were 3542 open contracts at this strike prior to today, and today 265 contract(s) were bought and sold.
• Regarding TJX TJX, we observe a put option sweep with bearish sentiment. It expires in 274 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $82.50 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 $28.0K, with a price of $280.0 per contract. There were 2195 open contracts at this strike prior to today, and today 176 contract(s) were bought and sold.
• Regarding WING WING, we observe a put option trade with bullish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 50 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $29.6K, with a price of $593.0 per contract. There were 541 open contracts at this strike prior to today, and today 125 contract(s) were bought and sold.
• Regarding AZO AZO, we observe a put option sweep with bearish sentiment. It expires in 1 day(s) on April 19, 2024. Parties traded 9 contract(s) at a $3000.00 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 $46.8K, with a price of $5200.0 per contract. There were 73 open contracts at this strike prior to today, and today 97 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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