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.
Below are some instances of unusual options activity happening in the Financials sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
BAC | PUT | SWEEP | BEARISH | 07/16/21 | $40.00 | $260.3K | 12.0K | 14.0K |
IVR | PUT | SWEEP | BULLISH | 01/20/23 | $3.00 | $26.8K | 20.4K | 4.0K |
WFC | PUT | SWEEP | BEARISH | 07/16/21 | $42.50 | $90.8K | 28.0K | 2.9K |
TIGR | CALL | SWEEP | BEARISH | 07/16/21 | $30.00 | $54.0K | 13.4K | 2.9K |
MS | PUT | TRADE | NEUTRAL | 07/16/21 | $90.00 | $202.4K | 1.8K | 1.5K |
JEF | CALL | TRADE | NEUTRAL | 07/16/21 | $30.00 | $149.5K | 317 | 1.3K |
LADR | PUT | SWEEP | BEARISH | 12/17/21 | $10.00 | $25.0K | 3.1K | 1.0K |
GS | PUT | SWEEP | BEARISH | 06/18/21 | $350.00 | $32.3K | 2.2K | 934 |
AGNC | PUT | SWEEP | BULLISH | 06/18/21 | $18.00 | $59.0K | 8.3K | 584 |
BBD | CALL | TRADE | BEARISH | 01/20/23 | $5.50 | $51.5K | 99 | 500 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For BAC BAC, we notice a put option sweep that happens to be bearish, expiring in 29 day(s) on July 16, 2021. This event was a transfer of 1900 contract(s) at a $40.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $260.3K, with a price of $137.0 per contract. There were 12083 open contracts at this strike prior to today, and today 14030 contract(s) were bought and sold.
• For IVR IVR, we notice a put option sweep that happens to be bullish, expiring in 582 day(s) on January 20, 2023. This event was a transfer of 400 contract(s) at a $3.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.8K, with a price of $67.0 per contract. There were 20430 open contracts at this strike prior to today, and today 4064 contract(s) were bought and sold.
• Regarding WFC WFC, we observe a put option sweep with bearish sentiment. It expires in 29 day(s) on July 16, 2021. Parties traded 727 contract(s) at a $42.50 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $90.8K, with a price of $125.0 per contract. There were 28089 open contracts at this strike prior to today, and today 2984 contract(s) were bought and sold.
• For TIGR TIGR, we notice a call option sweep that happens to be bearish, expiring in 29 day(s) on July 16, 2021. This event was a transfer of 400 contract(s) at a $30.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $54.0K, with a price of $135.0 per contract. There were 13499 open contracts at this strike prior to today, and today 2929 contract(s) were bought and sold.
• For MS MS, we notice a put option trade that happens to be neutral, expiring in 29 day(s) on July 16, 2021. This event was a transfer of 460 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $202.4K, with a price of $440.0 per contract. There were 1887 open contracts at this strike prior to today, and today 1526 contract(s) were bought and sold.
• Regarding JEF JEF, we observe a call option trade with neutral sentiment. It expires in 29 day(s) on July 16, 2021. Parties traded 1150 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $149.5K, with a price of $130.0 per contract. There were 317 open contracts at this strike prior to today, and today 1314 contract(s) were bought and sold.
• Regarding LADR LADR, we observe a put option sweep with bearish sentiment. It expires in 183 day(s) on December 17, 2021. Parties traded 500 contract(s) at a $10.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.0K, with a price of $50.0 per contract. There were 3146 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For GS GS, we notice a put option sweep that happens to be bearish, expiring in 1 day(s) on June 18, 2021. This event was a transfer of 305 contract(s) at a $350.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $110.0 per contract. There were 2239 open contracts at this strike prior to today, and today 934 contract(s) were bought and sold.
• Regarding AGNC AGNC, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on June 18, 2021. Parties traded 500 contract(s) at a $18.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $59.0K, with a price of $118.0 per contract. There were 8361 open contracts at this strike prior to today, and today 584 contract(s) were bought and sold.
• For BBD BBD, we notice a call option trade that happens to be bearish, expiring in 582 day(s) on January 20, 2023. This event was a transfer of 500 contract(s) at a $5.50 strike. The total cost received by the writing party (or parties) was $51.5K, with a price of $103.0 per contract. There were 99 open contracts at this strike prior to today, and today 500 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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