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 | TRADE | BULLISH | 07/26/24 | $222.50 | $79.0K | 8.5K | 61.4K |
AMZN | CALL | SWEEP | NEUTRAL | 08/16/24 | $200.00 | $35.3K | 61.1K | 10.6K |
CVNA | CALL | SWEEP | BEARISH | 08/02/24 | $123.00 | $759.5K | 36 | 2.0K |
JD | PUT | TRADE | BEARISH | 10/18/24 | $35.00 | $49.8K | 20.9K | 1.0K |
EVRI | CALL | SWEEP | BULLISH | 09/20/24 | $10.00 | $32.8K | 2.7K | 915 |
DASH | PUT | SWEEP | BULLISH | 09/20/24 | $100.00 | $26.8K | 405 | 436 |
NKE | CALL | SWEEP | BULLISH | 08/02/24 | $71.00 | $34.7K | 153 | 351 |
BABA | CALL | TRADE | BULLISH | 12/20/24 | $100.00 | $26.8K | 1.2K | 340 |
F | CALL | SWEEP | BULLISH | 06/20/25 | $9.82 | $28.1K | 1.6K | 271 |
GRPN | CALL | SWEEP | BULLISH | 08/16/24 | $20.00 | $26.0K | 3.5K | 208 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option trade with bullish sentiment. It expires in 1 day(s) on July 26, 2024. Parties traded 200 contract(s) at a $222.50 strike. The total cost received by the writing party (or parties) was $79.0K, with a price of $395.0 per contract. There were 8597 open contracts at this strike prior to today, and today 61450 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be neutral, expiring in 22 day(s) on August 16, 2024. This event was a transfer of 140 contract(s) at a $200.00 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 $35.3K, with a price of $252.0 per contract. There were 61145 open contracts at this strike prior to today, and today 10697 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on August 2, 2024. Parties traded 500 contract(s) at a $123.00 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 $759.5K, with a price of $1516.0 per contract. There were 36 open contracts at this strike prior to today, and today 2086 contract(s) were bought and sold.
• For JD JD, we notice a put option trade that happens to be bearish, expiring in 85 day(s) on October 18, 2024. This event was a transfer of 59 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $49.8K, with a price of $845.0 per contract. There were 20992 open contracts at this strike prior to today, and today 1038 contract(s) were bought and sold.
• For EVRI EVRI, we notice a call option sweep that happens to be bullish, expiring in 57 day(s) on September 20, 2024. This event was a transfer of 387 contract(s) at a $10.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $32.8K, with a price of $80.0 per contract. There were 2733 open contracts at this strike prior to today, and today 915 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a put option sweep with bullish sentiment. It expires in 57 day(s) on September 20, 2024. Parties traded 41 contract(s) at a $100.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $655.0 per contract. There were 405 open contracts at this strike prior to today, and today 436 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on August 2, 2024. This event was a transfer of 201 contract(s) at a $71.00 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 $34.7K, with a price of $173.0 per contract. There were 153 open contracts at this strike prior to today, and today 351 contract(s) were bought and sold.
• For BABA BABA, we notice a call option trade that happens to be bullish, expiring in 148 day(s) on December 20, 2024. This event was a transfer of 199 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $26.8K, with a price of $135.0 per contract. There were 1288 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bullish, expiring in 330 day(s) on June 20, 2025. This event was a transfer of 125 contract(s) at a $9.82 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 $224.0 per contract. There were 1628 open contracts at this strike prior to today, and today 271 contract(s) were bought and sold.
• For GRPN GRPN, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on August 16, 2024. This event was a transfer of 200 contract(s) at a $20.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 3546 open contracts at this strike prior to today, and today 208 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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