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 | CALL | SWEEP | BEARISH | 05/03/24 | $200.00 | $72.0K | 12.2K | 183.7K |
AMZN | CALL | TRADE | BULLISH | 05/03/24 | $190.00 | $30.7K | 20.3K | 16.5K |
BABA | CALL | SWEEP | BEARISH | 06/21/24 | $85.00 | $29.8K | 25.6K | 6.7K |
NCLH | CALL | SWEEP | BEARISH | 05/17/24 | $21.00 | $37.1K | 2.7K | 5.0K |
DKNG | PUT | SWEEP | BULLISH | 06/21/24 | $30.00 | $62.0K | 6.6K | 2.6K |
JD | CALL | SWEEP | BEARISH | 09/20/24 | $47.50 | $42.0K | 1.6K | 2.2K |
RIVN | PUT | SWEEP | BEARISH | 06/21/24 | $7.50 | $51.0K | 14.5K | 1.1K |
SBUX | PUT | SWEEP | BEARISH | 06/20/25 | $70.00 | $26.8K | 439 | 1.1K |
MBLY | PUT | TRADE | NEUTRAL | 05/17/24 | $28.00 | $60.2K | 938 | 1.0K |
PDD | PUT | TRADE | BULLISH | 10/18/24 | $115.00 | $497.7K | 1.3K | 592 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on May 3, 2024. Parties traded 150 contract(s) at a $200.00 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 $72.0K, with a price of $480.0 per contract. There were 12220 open contracts at this strike prior to today, and today 183781 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on May 3, 2024. This event was a transfer of 83 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $30.7K, with a price of $370.0 per contract. There were 20340 open contracts at this strike prior to today, and today 16506 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option sweep with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $85.00 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 $29.8K, with a price of $149.0 per contract. There were 25624 open contracts at this strike prior to today, and today 6746 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a call option sweep with bearish sentiment. It expires in 18 day(s) on May 17, 2024. Parties traded 1000 contract(s) at a $21.00 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 $37.1K, with a price of $37.0 per contract. There were 2737 open contracts at this strike prior to today, and today 5020 contract(s) were bought and sold.
• For DKNG DKNG, we notice a put option sweep that happens to be bullish, expiring in 53 day(s) on June 21, 2024. This event was a transfer of 2686 contract(s) at a $30.00 strike. This particular put needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $62.0K, with a price of $23.0 per contract. There were 6635 open contracts at this strike prior to today, and today 2686 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with bearish sentiment. It expires in 144 day(s) on September 20, 2024. Parties traded 1000 contract(s) at a $47.50 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $42.0K, with a price of $42.0 per contract. There were 1627 open contracts at this strike prior to today, and today 2241 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a put option sweep with bearish sentiment. It expires in 53 day(s) on June 21, 2024. Parties traded 1000 contract(s) at a $7.50 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $51.0K, with a price of $51.0 per contract. There were 14594 open contracts at this strike prior to today, and today 1159 contract(s) were bought and sold.
• For SBUX SBUX, we notice a put option sweep that happens to be bearish, expiring in 417 day(s) on June 20, 2025. This event was a transfer of 100 contract(s) at a $70.00 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 $26.8K, with a price of $268.0 per contract. There were 439 open contracts at this strike prior to today, and today 1157 contract(s) were bought and sold.
• Regarding MBLY MBLY, we observe a put option trade with neutral sentiment. It expires in 18 day(s) on May 17, 2024. Parties traded 446 contract(s) at a $28.00 strike. The total cost received by the writing party (or parties) was $60.2K, with a price of $135.0 per contract. There were 938 open contracts at this strike prior to today, and today 1069 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a put option trade with bullish sentiment. It expires in 172 day(s) on October 18, 2024. Parties traded 550 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $497.7K, with a price of $905.0 per contract. There were 1371 open contracts at this strike prior to today, and today 592 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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