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.
Below are some instances of unusual options activity happening in the Industrials sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAL | CALL | SWEEP | BEARISH | 04/30/21 | $23.00 | $25.6K | 3.1K | 10.9K |
NKLA | CALL | TRADE | BULLISH | 05/21/21 | $19.00 | $65.4K | 4.6K | 6.1K |
BA | CALL | SWEEP | BULLISH | 04/30/21 | $255.00 | $28.0K | 3.3K | 2.3K |
GE | CALL | TRADE | BEARISH | 09/17/21 | $13.00 | $50.4K | 53.4K | 1.7K |
CFX | PUT | SWEEP | BEARISH | 05/21/21 | $37.50 | $47.1K | 5.0K | 1.5K |
SBLK | PUT | TRADE | BULLISH | 05/21/21 | $18.00 | $117.2K | 43 | 1.1K |
PLUG | CALL | SWEEP | BULLISH | 09/17/21 | $30.00 | $342.0K | 5.8K | 866 |
RTX | PUT | SWEEP | BEARISH | 05/07/21 | $81.50 | $46.5K | 0 | 497 |
UPS | CALL | TRADE | BEARISH | 07/16/21 | $190.00 | $74.1K | 1.4K | 483 |
UBER | PUT | SWEEP | BEARISH | 06/04/21 | $57.50 | $109.6K | 0 | 348 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAL AAL, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on April 30, 2021. This event was a transfer of 2334 contract(s) at a $23.00 strike. This particular call needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $11.0 per contract. There were 3125 open contracts at this strike prior to today, and today 10992 contract(s) were bought and sold.
• Regarding NKLA NKLA, we observe a call option trade with bullish sentiment. It expires in 25 day(s) on May 21, 2021. Parties traded 1926 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $65.4K, with a price of $34.0 per contract. There were 4661 open contracts at this strike prior to today, and today 6105 contract(s) were bought and sold.
• For BA BA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on April 30, 2021. This event was a transfer of 200 contract(s) at a $255.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $28.0K, with a price of $141.0 per contract. There were 3381 open contracts at this strike prior to today, and today 2325 contract(s) were bought and sold.
• For GE GE, we notice a call option trade that happens to be bearish, expiring in 144 day(s) on September 17, 2021. This event was a transfer of 300 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $50.4K, with a price of $168.0 per contract. There were 53475 open contracts at this strike prior to today, and today 1723 contract(s) were bought and sold.
• For CFX CFX, we notice a put option sweep that happens to be bearish, expiring in 25 day(s) on May 21, 2021. This event was a transfer of 1205 contract(s) at a $37.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $47.1K, with a price of $39.0 per contract. There were 5013 open contracts at this strike prior to today, and today 1511 contract(s) were bought and sold.
• For SBLK SBLK, we notice a put option trade that happens to be bullish, expiring in 25 day(s) on May 21, 2021. This event was a transfer of 1172 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $117.2K, with a price of $100.0 per contract. There were 43 open contracts at this strike prior to today, and today 1179 contract(s) were bought and sold.
• For PLUG PLUG, we notice a call option sweep that happens to be bullish, expiring in 144 day(s) on September 17, 2021. This event was a transfer of 600 contract(s) at a $30.00 strike. This particular call needed to be split into 40 different trades to become filled. The total cost received by the writing party (or parties) was $342.0K, with a price of $569.0 per contract. There were 5830 open contracts at this strike prior to today, and today 866 contract(s) were bought and sold.
• For RTX RTX, we notice a put option sweep that happens to be bearish, expiring in 11 day(s) on May 7, 2021. This event was a transfer of 340 contract(s) at a $81.50 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $137.0 per contract. There were 0 open contracts at this strike prior to today, and today 497 contract(s) were bought and sold.
• Regarding UPS UPS, we observe a call option trade with bearish sentiment. It expires in 81 day(s) on July 16, 2021. Parties traded 247 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $74.1K, with a price of $300.0 per contract. There were 1423 open contracts at this strike prior to today, and today 483 contract(s) were bought and sold.
• Regarding UBER UBER, we observe a put option sweep with bearish sentiment. It expires in 39 day(s) on June 4, 2021. Parties traded 348 contract(s) at a $57.50 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $109.6K, with a price of $315.0 per contract. There were 0 open contracts at this strike prior to today, and today 348 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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