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 |
|---|---|---|---|---|---|---|---|---|
| DIS | CALL | SWEEP | BEARISH | 12/11/20 | $175.00 | $26.5K | 1.2K | 43.7K |
| T | CALL | SWEEP | BULLISH | 12/18/20 | $31.00 | $36.3K | 50.8K | 13.8K |
| TWTR | CALL | SWEEP | BEARISH | 12/18/20 | $53.00 | $30.1K | 5.1K | 12.8K |
| FB | CALL | SWEEP | BULLISH | 01/15/21 | $300.00 | $69.0K | 29.8K | 2.2K |
| AMC | PUT | SWEEP | BULLISH | 12/18/20 | $5.00 | $100.8K | 2.4K | 2.0K |
| BILI | CALL | SWEEP | BEARISH | 01/15/21 | $70.00 | $446.5K | 4.1K | 1.5K |
| PINS | CALL | TRADE | BEARISH | 12/11/20 | $68.00 | $127.9K | 1.1K | 638 |
| BIDU | PUT | TRADE | BULLISH | 02/19/21 | $135.00 | $142.2K | 1.0K | 617 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For DIS DIS, we notice a call option sweep that happens to be bearish, is expiring today. A trader bought 212 contract(s) at a $175.00 strike. This particular call needed to be split into 8 different trades to become filled. The trader or institution spent $26.5K on this trade with a price of $125.0 per contract. There were 1216 open contracts at this strike prior to today, and today 43772 contract(s) were bought and sold.
• Regarding T T, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on December 18, 2020. A trader bought 1136 contract(s) at a $31.00 strike. This particular call needed to be split into 13 different trades to become filled. The trader or institution spent $36.3K on this trade with a price of $32.0 per contract. There were 50816 open contracts at this strike prior to today, and today 13830 contract(s) were bought and sold.
• Regarding TWTR TWTR, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on December 18, 2020. A trader bought 502 contract(s) at a $53.00 strike. This particular call needed to be split into 9 different trades to become filled. The trader or institution spent $30.1K on this trade with a price of $60.0 per contract. There were 5162 open contracts at this strike prior to today, and today 12812 contract(s) were bought and sold.
• Regarding FB FB, we observe a call option sweep with bullish sentiment. It expires in 35 day(s) on January 15, 2021. A trader bought 200 contract(s) at a $300.00 strike. This particular call needed to be split into 3 different trades to become filled. The trader or institution spent $69.0K on this trade with a price of $345.0 per contract. There were 29812 open contracts at this strike prior to today, and today 2295 contract(s) were bought and sold.
• Regarding AMC AMC, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on December 18, 2020. A trader bought 919 contract(s) at a $5.00 strike. This particular put needed to be split into 15 different trades to become filled. The trader or institution spent $100.8K on this trade with a price of $109.0 per contract. There were 2482 open contracts at this strike prior to today, and today 2042 contract(s) were bought and sold.
• Regarding BILI BILI, we observe a call option sweep with bearish sentiment. It expires in 35 day(s) on January 15, 2021. A trader bought 390 contract(s) at a $70.00 strike. This particular call needed to be split into 4 different trades to become filled. The trader or institution spent $446.5K on this trade with a price of $1145.0 per contract. There were 4170 open contracts at this strike prior to today, and today 1565 contract(s) were bought and sold.
• For PINS PINS, we notice a call option trade that happens to be bearish, is expiring today. A trader bought 492 contract(s) at a $68.00 strike. The trader or institution spent $127.9K on this trade with a price of $260.0 per contract. There were 1127 open contracts at this strike prior to today, and today 638 contract(s) were bought and sold.
• Regarding BIDU BIDU, we observe a put option trade with bullish sentiment. It expires in 70 day(s) on February 19, 2021. A trader bought 600 contract(s) at a $135.00 strike. The trader or institution spent $142.2K on this trade with a price of $237.0 per contract. There were 1006 open contracts at this strike prior to today, and today 617 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 news on unusual options activity.
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