This unusual options alert can help traders track potentially big trading opportunities. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Unusual trading activity could push option prices to hyperbolic or underperforming 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 |
---|---|---|---|---|---|---|---|---|
GOEV | CALL | SWEEP | BEARISH | 06/18/21 | $10.00 | $44.0K | 14.8K | 18.4K |
TSLA | CALL | SWEEP | BEARISH | 06/11/21 | $625.00 | $326.6K | 5.8K | 17.2K |
WKHS | CALL | SWEEP | BEARISH | 06/11/21 | $16.00 | $30.8K | 3.0K | 12.5K |
WEN | CALL | SWEEP | BEARISH | 06/18/21 | $30.00 | $49.9K | 4 | 11.9K |
LOTZ | CALL | SWEEP | BEARISH | 07/16/21 | $10.00 | $58.6K | 4.9K | 6.5K |
GM | CALL | TRADE | BEARISH | 07/16/21 | $75.00 | $40.1K | 8.9K | 3.8K |
BBBY | PUT | SWEEP | BULLISH | 08/20/21 | $29.00 | $143.6K | 1.8K | 2.6K |
GME | CALL | SWEEP | BULLISH | 06/18/21 | $400.00 | $541.3K | 1.1K | 2.2K |
CCL | CALL | SWEEP | BEARISH | 07/16/21 | $35.00 | $37.5K | 23.5K | 2.2K |
LB | CALL | SWEEP | BEARISH | 06/18/21 | $70.00 | $29.0K | 1.2K | 1.6K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding GOEV GOEV, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on June 18, 2021. Parties traded 200 contract(s) at a $10.00 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 $44.0K, with a price of $220.0 per contract. There were 14893 open contracts at this strike prior to today, and today 18465 contract(s) were bought and sold.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on June 11, 2021. Parties traded 710 contract(s) at a $625.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $326.6K, with a price of $460.0 per contract. There were 5867 open contracts at this strike prior to today, and today 17215 contract(s) were bought and sold.
• For WKHS WKHS, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on June 11, 2021. This event was a transfer of 200 contract(s) at a $16.00 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 $30.8K, with a price of $154.0 per contract. There were 3088 open contracts at this strike prior to today, and today 12567 contract(s) were bought and sold.
• For WEN WEN, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on June 18, 2021. This event was a transfer of 249 contract(s) at a $30.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $49.9K, with a price of $210.0 per contract. There were 4 open contracts at this strike prior to today, and today 11900 contract(s) were bought and sold.
• Regarding LOTZ LOTZ, we observe a call option sweep with bearish sentiment. It expires in 38 day(s) on July 16, 2021. Parties traded 558 contract(s) at a $10.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $58.6K, with a price of $105.0 per contract. There were 4905 open contracts at this strike prior to today, and today 6584 contract(s) were bought and sold.
• For GM GM, we notice a call option trade that happens to be bearish, expiring in 38 day(s) on July 16, 2021. This event was a transfer of 1086 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $40.1K, with a price of $37.0 per contract. There were 8951 open contracts at this strike prior to today, and today 3837 contract(s) were bought and sold.
• For BBBY BBBY, we notice a put option sweep that happens to be bullish, expiring in 73 day(s) on August 20, 2021. This event was a transfer of 623 contract(s) at a $29.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $143.6K, with a price of $230.0 per contract. There were 1876 open contracts at this strike prior to today, and today 2692 contract(s) were bought and sold.
• Regarding GME GME, we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on June 18, 2021. Parties traded 238 contract(s) at a $400.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $541.3K, with a price of $2275.0 per contract. There were 1158 open contracts at this strike prior to today, and today 2260 contract(s) were bought and sold.
• For CCL CCL, we notice a call option sweep that happens to be bearish, expiring in 38 day(s) on July 16, 2021. This event was a transfer of 431 contract(s) at a $35.00 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $87.0 per contract. There were 23551 open contracts at this strike prior to today, and today 2232 contract(s) were bought and sold.
• Regarding LB LB, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on June 18, 2021. Parties traded 568 contract(s) at a $70.00 strike. This particular call needed to be split into 47 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $51.0 per contract. There were 1256 open contracts at this strike prior to today, and today 1660 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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