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.
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 | $182.50 | $38.5K | 8.5K | 68.1K |
DASH | CALL | SWEEP | BEARISH | 05/17/24 | $125.00 | $43.9K | 1.5K | 15.3K |
BABA | CALL | TRADE | BULLISH | 01/17/25 | $75.00 | $698.6K | 15.7K | 3.2K |
CVNA | CALL | SWEEP | BULLISH | 05/03/24 | $100.00 | $68.2K | 8.0K | 1.9K |
RSI | CALL | TRADE | BEARISH | 05/17/24 | $5.00 | $27.8K | 10.8K | 1.8K |
PDD | CALL | TRADE | BEARISH | 05/10/24 | $137.00 | $28.4K | 25 | 1.5K |
AMZN | PUT | SWEEP | BEARISH | 07/19/24 | $190.00 | $65.5K | 2.3K | 1.2K |
JD | PUT | TRADE | BEARISH | 06/20/25 | $20.00 | $39.9K | 3.3K | 954 |
DKNG | CALL | TRADE | BEARISH | 06/21/24 | $45.00 | $39.0K | 12.0K | 606 |
RIVN | CALL | SWEEP | BEARISH | 07/19/24 | $10.00 | $28.1K | 13.5K | 580 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on May 3, 2024. This event was a transfer of 277 contract(s) at a $182.50 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 $38.5K, with a price of $139.0 per contract. There were 8525 open contracts at this strike prior to today, and today 68175 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on May 17, 2024. Parties traded 1056 contract(s) at a $125.00 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $43.9K, with a price of $43.0 per contract. There were 1541 open contracts at this strike prior to today, and today 15348 contract(s) were bought and sold.
• For BABA BABA, we notice a call option trade that happens to be bullish, expiring in 260 day(s) on January 17, 2025. This event was a transfer of 499 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $698.6K, with a price of $1400.0 per contract. There were 15705 open contracts at this strike prior to today, and today 3227 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on May 3, 2024. This event was a transfer of 50 contract(s) at a $100.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $68.2K, with a price of $1367.0 per contract. There were 8015 open contracts at this strike prior to today, and today 1913 contract(s) were bought and sold.
• For RSI RSI, we notice a call option trade that happens to be bearish, expiring in 15 day(s) on May 17, 2024. This event was a transfer of 107 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $260.0 per contract. There were 10860 open contracts at this strike prior to today, and today 1853 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bearish, expiring in 8 day(s) on May 10, 2024. This event was a transfer of 64 contract(s) at a $137.00 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $444.0 per contract. There were 25 open contracts at this strike prior to today, and today 1543 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be bearish, expiring in 78 day(s) on July 19, 2024. This event was a transfer of 60 contract(s) at a $190.00 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 $65.5K, with a price of $1093.0 per contract. There were 2341 open contracts at this strike prior to today, and today 1210 contract(s) were bought and sold.
• For JD JD, we notice a put option trade that happens to be bearish, expiring in 414 day(s) on June 20, 2025. This event was a transfer of 298 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $39.9K, with a price of $134.0 per contract. There were 3392 open contracts at this strike prior to today, and today 954 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option trade with bearish sentiment. It expires in 50 day(s) on June 21, 2024. Parties traded 150 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $39.0K, with a price of $260.0 per contract. There were 12073 open contracts at this strike prior to today, and today 606 contract(s) were bought and sold.
• For RIVN RIVN, we notice a call option sweep that happens to be bearish, expiring in 78 day(s) on July 19, 2024. This event was a transfer of 208 contract(s) at a $10.00 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 $28.1K, with a price of $135.0 per contract. There were 13589 open contracts at this strike prior to today, and today 580 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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