This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Here's the list of some unusual 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 | 11/20/20 | $500.00 | $756.1K | 34.8K | 113.3K |
| NIO | CALL | SWEEP | BULLISH | 11/20/20 | $50.00 | $28.7K | 44.5K | 69.6K |
| BABA | CALL | SWEEP | BULLISH | 11/20/20 | $265.00 | $44.2K | 9.2K | 8.1K |
| JWN | CALL | SWEEP | BULLISH | 12/18/20 | $22.50 | $44.7K | 3.6K | 2.8K |
| BLNK | CALL | SWEEP | BEARISH | 01/15/21 | $15.00 | $110.0K | 3.5K | 2.4K |
| GM | CALL | SWEEP | BEARISH | 11/27/20 | $42.50 | $50.5K | 1.1K | 2.4K |
| NKE | PUT | TRADE | BULLISH | 12/18/20 | $120.00 | $54.8K | 2.0K | 2.1K |
| PRTY | CALL | SWEEP | BULLISH | 04/16/21 | $4.50 | $60.1K | 1.1K | 2.0K |
| JMIA | CALL | SWEEP | NEUTRAL | 01/15/21 | $20.00 | $140.3K | 6.8K | 1.4K |
| CCL | PUT | TRADE | BULLISH | 04/16/21 | $17.50 | $330.0K | 4.4K | 1.0K |
Explanation
These itemized elaboration has been created using the accompanying table.
• For TSLA TSLA, we notice a call option trade that happens to be bullish, expiring in 1 day(s) on November 20, 2020. A trader bought 727 contract(s) at a $500.00 strike. The trader or institution spent $756.1K on this trade with a price of $1040.0 per contract. There were 34815 open contracts at this strike prior to today, and today 113319 contract(s) were bought and sold.
• For NIO NIO, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on November 20, 2020. A trader bought 338 contract(s) at a $50.00 strike. This particular call needed to be split into 51 different trades to become filled. The trader or institution spent $28.7K on this trade with a price of $85.0 per contract. There were 44586 open contracts at this strike prior to today, and today 69609 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on November 20, 2020. A trader bought 340 contract(s) at a $265.00 strike. This particular call needed to be split into 54 different trades to become filled. The trader or institution spent $44.2K on this trade with a price of $132.0 per contract. There were 9244 open contracts at this strike prior to today, and today 8136 contract(s) were bought and sold.
• For JWN JWN, we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on December 18, 2020. A trader bought 300 contract(s) at a $22.50 strike. This particular call needed to be split into 12 different trades to become filled. The trader or institution spent $44.7K on this trade with a price of $149.0 per contract. There were 3660 open contracts at this strike prior to today, and today 2821 contract(s) were bought and sold.
• For BLNK BLNK, we notice a call option sweep that happens to be bearish, expiring in 57 day(s) on January 15, 2021. A trader bought 250 contract(s) at a $15.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $110.0K on this trade with a price of $440.0 per contract. There were 3599 open contracts at this strike prior to today, and today 2433 contract(s) were bought and sold.
• Regarding GM GM, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on November 27, 2020. A trader bought 500 contract(s) at a $42.50 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $50.5K on this trade with a price of $101.0 per contract. There were 1189 open contracts at this strike prior to today, and today 2429 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a put option trade with bullish sentiment. It expires in 29 day(s) on December 18, 2020. A trader bought 400 contract(s) at a $120.00 strike. The trader or institution spent $54.8K on this trade with a price of $137.0 per contract. There were 2046 open contracts at this strike prior to today, and today 2151 contract(s) were bought and sold.
• Regarding PRTY PRTY, we observe a call option sweep with bullish sentiment. It expires in 148 day(s) on April 16, 2021. A trader bought 632 contract(s) at a $4.50 strike. This particular call needed to be split into 6 different trades to become filled. The trader or institution spent $60.1K on this trade with a price of $95.0 per contract. There were 1175 open contracts at this strike prior to today, and today 2031 contract(s) were bought and sold.
• For JMIA JMIA, we notice a call option sweep that happens to be neutral, expiring in 57 day(s) on January 15, 2021. A trader bought 230 contract(s) at a $20.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $140.3K on this trade with a price of $610.0 per contract. There were 6880 open contracts at this strike prior to today, and today 1408 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a put option trade with bullish sentiment. It expires in 148 day(s) on April 16, 2021. A trader bought 1000 contract(s) at a $17.50 strike. The trader or institution spent $330.0K on this trade with a price of $330.0 per contract. There were 4499 open contracts at this strike prior to today, and today 1097 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.
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