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 Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BEARISH | 06/18/21 | $610.00 | $383.0K | 7.0K | 15.8K |
UA | CALL | TRADE | BULLISH | 10/15/21 | $20.00 | $26.2K | 493 | 6.9K |
CCL | CALL | SWEEP | NEUTRAL | 07/16/21 | $30.00 | $35.9K | 30.3K | 3.8K |
NKE | CALL | SWEEP | BEARISH | 08/20/21 | $140.00 | $294.2K | 19.2K | 3.4K |
ABNB | CALL | TRADE | BEARISH | 06/18/21 | $155.00 | $25.9K | 4.3K | 2.3K |
THO | CALL | TRADE | BULLISH | 06/18/21 | $110.00 | $440.0K | 234 | 2.1K |
UXIN | CALL | TRADE | NEUTRAL | 06/18/21 | $5.00 | $64.7K | 3.3K | 1.6K |
QS | PUT | SWEEP | BULLISH | 11/19/21 | $25.00 | $118.0K | 1.9K | 1.2K |
LVS | CALL | SWEEP | BEARISH | 01/21/22 | $62.50 | $88.3K | 2.6K | 1.2K |
SONO | CALL | TRADE | NEUTRAL | 10/15/21 | $40.00 | $58.5K | 9.8K | 1.0K |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on June 18, 2021. This event was a transfer of 247 contract(s) at a $610.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $383.0K, with a price of $1555.0 per contract. There were 7005 open contracts at this strike prior to today, and today 15811 contract(s) were bought and sold.
• Regarding UA UA, we observe a call option trade with bullish sentiment. It expires in 123 day(s) on October 15, 2021. Parties traded 250 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $105.0 per contract. There were 493 open contracts at this strike prior to today, and today 6920 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a call option sweep with neutral sentiment. It expires in 32 day(s) on July 16, 2021. Parties traded 268 contract(s) at a $30.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $35.9K, with a price of $134.0 per contract. There were 30346 open contracts at this strike prior to today, and today 3871 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, expiring in 67 day(s) on August 20, 2021. This event was a transfer of 1252 contract(s) at a $140.00 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 $294.2K, with a price of $235.0 per contract. There were 19280 open contracts at this strike prior to today, and today 3406 contract(s) were bought and sold.
• For ABNB ABNB, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on June 18, 2021. This event was a transfer of 295 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $88.0 per contract. There were 4327 open contracts at this strike prior to today, and today 2356 contract(s) were bought and sold.
• For THO THO, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on June 18, 2021. This event was a transfer of 2000 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $440.0K, with a price of $220.0 per contract. There were 234 open contracts at this strike prior to today, and today 2167 contract(s) were bought and sold.
• Regarding UXIN UXIN, we observe a call option trade with neutral sentiment. It expires in 4 day(s) on June 18, 2021. Parties traded 996 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $64.7K, with a price of $65.0 per contract. There were 3375 open contracts at this strike prior to today, and today 1612 contract(s) were bought and sold.
• Regarding QS QS, we observe a put option sweep with bullish sentiment. It expires in 158 day(s) on November 19, 2021. Parties traded 207 contract(s) at a $25.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $118.0K, with a price of $570.0 per contract. There were 1924 open contracts at this strike prior to today, and today 1245 contract(s) were bought and sold.
• For LVS LVS, we notice a call option sweep that happens to be bearish, expiring in 221 day(s) on January 21, 2022. This event was a transfer of 271 contract(s) at a $62.50 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 $88.3K, with a price of $325.0 per contract. There were 2612 open contracts at this strike prior to today, and today 1229 contract(s) were bought and sold.
• Regarding SONO SONO, we observe a call option trade with neutral sentiment. It expires in 123 day(s) on October 15, 2021. Parties traded 234 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $250.0 per contract. There were 9869 open contracts at this strike prior to today, and today 1018 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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