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 | 05/24/24 | $180.00 | $39.0K | 21.5K | 77.3K |
FFIE | PUT | TRADE | BULLISH | 06/21/24 | $1.00 | $25.0K | 27.0K | 29.8K |
GME | CALL | SWEEP | BULLISH | 05/24/24 | $30.00 | $41.7K | 7.7K | 14.8K |
AMZN | PUT | TRADE | BEARISH | 05/24/24 | $185.00 | $31.8K | 6.7K | 9.0K |
LCID | PUT | TRADE | BEARISH | 05/24/24 | $3.00 | $26.0K | 4.3K | 1.3K |
DASH | PUT | SWEEP | BEARISH | 05/24/24 | $114.00 | $25.8K | 1.7K | 1.1K |
PDD | PUT | SWEEP | BEARISH | 06/21/24 | $125.00 | $26.4K | 5.0K | 680 |
RCL | CALL | SWEEP | BEARISH | 06/21/24 | $150.00 | $54.6K | 2.1K | 491 |
HD | PUT | SWEEP | BULLISH | 05/24/24 | $340.00 | $29.3K | 489 | 372 |
TCOM | PUT | TRADE | BULLISH | 09/20/24 | $50.00 | $54.0K | 521 | 301 |
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 4 day(s) on May 24, 2024. This event was a transfer of 264 contract(s) at a $180.00 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 $39.0K, with a price of $148.0 per contract. There were 21568 open contracts at this strike prior to today, and today 77381 contract(s) were bought and sold.
• For FFIE FFIE, we notice a put option trade that happens to be bullish, expiring in 32 day(s) on June 21, 2024. This event was a transfer of 500 contract(s) at a $1.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $50.0 per contract. There were 27037 open contracts at this strike prior to today, and today 29865 contract(s) were bought and sold.
• Regarding GME GME, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 24, 2024. Parties traded 439 contract(s) at a $30.00 strike. This particular call needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $41.7K, with a price of $95.0 per contract. There were 7729 open contracts at this strike prior to today, and today 14802 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option trade with bearish sentiment. It expires in 4 day(s) on May 24, 2024. Parties traded 130 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $31.8K, with a price of $245.0 per contract. There were 6780 open contracts at this strike prior to today, and today 9019 contract(s) were bought and sold.
• For LCID LCID, we notice a put option trade that happens to be bearish, expiring in 4 day(s) on May 24, 2024. This event was a transfer of 1000 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $26.0 per contract. There were 4384 open contracts at this strike prior to today, and today 1342 contract(s) were bought and sold.
• For DASH DASH, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on May 24, 2024. This event was a transfer of 96 contract(s) at a $114.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $269.0 per contract. There were 1732 open contracts at this strike prior to today, and today 1191 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a put option sweep with bearish sentiment. It expires in 32 day(s) on June 21, 2024. Parties traded 200 contract(s) at a $125.00 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 $26.4K, with a price of $132.0 per contract. There were 5072 open contracts at this strike prior to today, and today 680 contract(s) were bought and sold.
• For RCL RCL, we notice a call option sweep that happens to be bearish, expiring in 32 day(s) on June 21, 2024. This event was a transfer of 120 contract(s) at a $150.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $54.6K, with a price of $455.0 per contract. There were 2137 open contracts at this strike prior to today, and today 491 contract(s) were bought and sold.
• Regarding HD HD, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on May 24, 2024. Parties traded 85 contract(s) at a $340.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $29.3K, with a price of $345.0 per contract. There were 489 open contracts at this strike prior to today, and today 372 contract(s) were bought and sold.
• For TCOM TCOM, we notice a put option trade that happens to be bullish, expiring in 123 day(s) on September 20, 2024. This event was a transfer of 300 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $54.0K, with a price of $180.0 per contract. There were 521 open contracts at this strike prior to today, and today 301 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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