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 | PUT | SWEEP | BULLISH | 07/19/24 | $245.00 | $26.3K | 16.6K | 99.6K |
GME | CALL | SWEEP | BULLISH | 07/26/24 | $28.00 | $28.1K | 7.0K | 4.6K |
BYON | CALL | SWEEP | BULLISH | 09/20/24 | $15.00 | $39.7K | 8.2K | 4.5K |
LCID | PUT | TRADE | BEARISH | 01/17/25 | $3.50 | $29.5K | 10.9K | 3.6K |
CVNA | PUT | SWEEP | BEARISH | 08/02/24 | $75.00 | $28.0K | 15 | 2.0K |
SBUX | CALL | SWEEP | BULLISH | 07/26/24 | $75.00 | $43.5K | 2.5K | 1.3K |
RSI | CALL | SWEEP | BULLISH | 07/19/24 | $5.00 | $125.0K | 2.5K | 1.2K |
BABA | PUT | SWEEP | BULLISH | 08/16/24 | $72.50 | $82.1K | 23.9K | 854 |
W | PUT | TRADE | BEARISH | 08/16/24 | $55.00 | $819.7K | 8.3K | 838 |
NKE | CALL | SWEEP | BEARISH | 07/26/24 | $76.00 | $33.0K | 3.3K | 748 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 46 contract(s) at a $245.00 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 $26.3K, with a price of $580.0 per contract. There were 16686 open contracts at this strike prior to today, and today 99611 contract(s) were bought and sold.
• Regarding GME GME, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on July 26, 2024. Parties traded 406 contract(s) at a $28.00 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 $28.1K, with a price of $69.0 per contract. There were 7096 open contracts at this strike prior to today, and today 4664 contract(s) were bought and sold.
• Regarding BYON BYON, we observe a call option sweep with bullish sentiment. It expires in 63 day(s) on September 20, 2024. Parties traded 185 contract(s) at a $15.00 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 $39.7K, with a price of $215.0 per contract. There were 8276 open contracts at this strike prior to today, and today 4514 contract(s) were bought and sold.
• Regarding LCID LCID, we observe a put option trade with bearish sentiment. It expires in 182 day(s) on January 17, 2025. Parties traded 279 contract(s) at a $3.50 strike. The total cost received by the writing party (or parties) was $29.5K, with a price of $106.0 per contract. There were 10926 open contracts at this strike prior to today, and today 3661 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bearish sentiment. It expires in 14 day(s) on August 2, 2024. Parties traded 1000 contract(s) at a $75.00 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 $28.0K, with a price of $29.0 per contract. There were 15 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.
• Regarding SBUX SBUX, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on July 26, 2024. Parties traded 500 contract(s) at a $75.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $43.5K, with a price of $87.0 per contract. There were 2551 open contracts at this strike prior to today, and today 1384 contract(s) were bought and sold.
• For RSI RSI, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 250 contract(s) at a $5.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $125.0K, with a price of $500.0 per contract. There were 2593 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.
• For BABA BABA, we notice a put option sweep that happens to be bullish, expiring in 28 day(s) on August 16, 2024. This event was a transfer of 501 contract(s) at a $72.50 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 $82.1K, with a price of $164.0 per contract. There were 23975 open contracts at this strike prior to today, and today 854 contract(s) were bought and sold.
• Regarding W W, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on August 16, 2024. Parties traded 1171 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $819.7K, with a price of $700.0 per contract. There were 8341 open contracts at this strike prior to today, and today 838 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on July 26, 2024. This event was a transfer of 2105 contract(s) at a $76.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $15.0 per contract. There were 3373 open contracts at this strike prior to today, and today 748 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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