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 |
---|---|---|---|---|---|---|---|---|
AMZN | CALL | TRADE | BULLISH | 06/28/24 | $182.50 | $68.0K | 1.8K | 6.7K |
BJRI | CALL | SWEEP | BULLISH | 01/17/25 | $40.00 | $52.4K | 3.0K | 1.4K |
TSLA | CALL | SWEEP | NEUTRAL | 06/28/24 | $170.00 | $122.4K | 2.5K | 943 |
HD | CALL | SWEEP | BEARISH | 06/21/24 | $352.50 | $27.0K | 820 | 590 |
EBAY | CALL | SWEEP | BEARISH | 07/19/24 | $55.00 | $43.7K | 3.4K | 262 |
BKNG | CALL | TRADE | NEUTRAL | 01/17/25 | $4100.00 | $31.5K | 168 | 127 |
YUMC | CALL | SWEEP | BULLISH | 12/19/25 | $40.00 | $34.0K | 223 | 110 |
CMG | CALL | TRADE | BULLISH | 07/19/24 | $3450.00 | $29.2K | 64 | 77 |
SWBI | CALL | TRADE | BULLISH | 06/21/24 | $15.00 | $68.0K | 3.6K | 76 |
DKNG | CALL | TRADE | BULLISH | 01/17/25 | $50.00 | $32.4K | 6.0K | 43 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding AMZN AMZN, we observe a call option trade with bullish sentiment. It expires in 10 day(s) on June 28, 2024. Parties traded 200 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $340.0 per contract. There were 1853 open contracts at this strike prior to today, and today 6782 contract(s) were bought and sold.
• For BJRI BJRI, we notice a call option sweep that happens to be bullish, expiring in 213 day(s) on January 17, 2025. This event was a transfer of 164 contract(s) at a $40.00 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 $52.4K, with a price of $320.0 per contract. There were 3001 open contracts at this strike prior to today, and today 1433 contract(s) were bought and sold.
• Regarding TSLA TSLA, we observe a call option sweep with neutral sentiment. It expires in 10 day(s) on June 28, 2024. Parties traded 77 contract(s) at a $170.00 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 $122.4K, with a price of $1591.0 per contract. There were 2513 open contracts at this strike prior to today, and today 943 contract(s) were bought and sold.
• Regarding HD HD, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on June 21, 2024. Parties traded 100 contract(s) at a $352.50 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 $27.0K, with a price of $270.0 per contract. There were 820 open contracts at this strike prior to today, and today 590 contract(s) were bought and sold.
• Regarding EBAY EBAY, we observe a call option sweep with bearish sentiment. It expires in 31 day(s) on July 19, 2024. Parties traded 394 contract(s) at a $55.00 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 $43.7K, with a price of $111.0 per contract. There were 3433 open contracts at this strike prior to today, and today 262 contract(s) were bought and sold.
• Regarding BKNG BKNG, we observe a call option trade with neutral sentiment. It expires in 213 day(s) on January 17, 2025. Parties traded 1 contract(s) at a $4100.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $31540.0 per contract. There were 168 open contracts at this strike prior to today, and today 127 contract(s) were bought and sold.
• Regarding YUMC YUMC, we observe a call option sweep with bullish sentiment. It expires in 549 day(s) on December 19, 2025. Parties traded 100 contract(s) at a $40.00 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 $34.0K, with a price of $340.0 per contract. There were 223 open contracts at this strike prior to today, and today 110 contract(s) were bought and sold.
• Regarding CMG CMG, we observe a call option trade with bullish sentiment. It expires in 31 day(s) on July 19, 2024. Parties traded 2 contract(s) at a $3450.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $14635.0 per contract. There were 64 open contracts at this strike prior to today, and today 77 contract(s) were bought and sold.
• For SWBI SWBI, we notice a call option trade that happens to be bullish, expiring in 3 day(s) on June 21, 2024. This event was a transfer of 400 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $68.0K, with a price of $170.0 per contract. There were 3632 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option trade that happens to be bullish, expiring in 213 day(s) on January 17, 2025. This event was a transfer of 79 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $411.0 per contract. There were 6086 open contracts at this strike prior to today, and today 43 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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