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 |
---|---|---|---|---|---|---|---|---|
RILY | PUT | SWEEP | BEARISH | 07/05/24 | $18.00 | $34.9K | 3.0K | 2.4K |
JPM | CALL | SWEEP | BEARISH | 07/19/24 | $200.00 | $59.1K | 11.1K | 1.9K |
BAC | CALL | SWEEP | BEARISH | 09/20/24 | $38.00 | $50.0K | 134 | 1.4K |
COIN | CALL | TRADE | BULLISH | 07/05/24 | $225.00 | $37.8K | 927 | 1.2K |
AXP | CALL | TRADE | NEUTRAL | 09/20/24 | $240.00 | $41.4K | 1.3K | 276 |
AFRM | PUT | SWEEP | NEUTRAL | 01/17/25 | $37.50 | $27.9K | 786 | 185 |
NU | CALL | TRADE | BULLISH | 11/15/24 | $15.00 | $155.0K | 2.2K | 105 |
V | CALL | SWEEP | BULLISH | 09/20/24 | $280.00 | $32.7K | 2.8K | 54 |
GS | CALL | SWEEP | BEARISH | 01/17/25 | $390.00 | $29.4K | 2.3K | 9 |
HOOD | CALL | TRADE | BULLISH | 01/17/25 | $26.00 | $35.7K | 115 | 1 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding RILY RILY, we observe a put option sweep with bearish sentiment. It expires in 8 day(s) on July 5, 2024. Parties traded 250 contract(s) at a $18.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $34.9K, with a price of $140.0 per contract. There were 3063 open contracts at this strike prior to today, and today 2458 contract(s) were bought and sold.
• Regarding JPM JPM, we observe a call option sweep with bearish sentiment. It expires in 22 day(s) on July 19, 2024. Parties traded 146 contract(s) at a $200.00 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 $59.1K, with a price of $405.0 per contract. There were 11103 open contracts at this strike prior to today, and today 1947 contract(s) were bought and sold.
• Regarding BAC BAC, we observe a call option sweep with bearish sentiment. It expires in 85 day(s) on September 20, 2024. Parties traded 202 contract(s) at a $38.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $248.0 per contract. There were 134 open contracts at this strike prior to today, and today 1419 contract(s) were bought and sold.
• Regarding COIN COIN, we observe a call option trade with bullish sentiment. It expires in 8 day(s) on July 5, 2024. Parties traded 52 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $728.0 per contract. There were 927 open contracts at this strike prior to today, and today 1270 contract(s) were bought and sold.
• Regarding AXP AXP, we observe a call option trade with neutral sentiment. It expires in 85 day(s) on September 20, 2024. Parties traded 60 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $41.4K, with a price of $690.0 per contract. There were 1369 open contracts at this strike prior to today, and today 276 contract(s) were bought and sold.
• For AFRM AFRM, we notice a put option sweep that happens to be neutral, expiring in 204 day(s) on January 17, 2025. This event was a transfer of 27 contract(s) at a $37.50 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 $27.9K, with a price of $1035.0 per contract. There were 786 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.
• For NU NU, we notice a call option trade that happens to be bullish, expiring in 141 day(s) on November 15, 2024. This event was a transfer of 2500 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $155.0K, with a price of $62.0 per contract. There were 2259 open contracts at this strike prior to today, and today 105 contract(s) were bought and sold.
• Regarding V V, we observe a call option sweep with bullish sentiment. It expires in 85 day(s) on September 20, 2024. Parties traded 58 contract(s) at a $280.00 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 $32.7K, with a price of $565.0 per contract. There were 2805 open contracts at this strike prior to today, and today 54 contract(s) were bought and sold.
• Regarding GS GS, we observe a call option sweep with bearish sentiment. It expires in 204 day(s) on January 17, 2025. Parties traded 4 contract(s) at a $390.00 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 $29.4K, with a price of $7372.0 per contract. There were 2302 open contracts at this strike prior to today, and today 9 contract(s) were bought and sold.
• Regarding HOOD HOOD, we observe a call option trade with bullish sentiment. It expires in 204 day(s) on January 17, 2025. Parties traded 100 contract(s) at a $26.00 strike. The total cost received by the writing party (or parties) was $35.7K, with a price of $357.0 per contract. There were 115 open contracts at this strike prior to today, and today 1 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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