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 |
|---|---|---|---|---|---|---|---|---|
| AMC | CALL | SWEEP | BEARISH | 01/21/22 | $145.00 | $43.4K | 89.6K | 5.8K |
| VIAC | CALL | SWEEP | BULLISH | 10/15/21 | $40.00 | $42.2K | 5.8K | 3.5K |
| FB | PUT | SWEEP | BULLISH | 12/17/21 | $270.00 | $138.2K | 976 | 2.5K |
| SNAP | CALL | SWEEP | BEARISH | 10/01/21 | $75.00 | $40.4K | 2.5K | 1.2K |
| NTES | PUT | SWEEP | BEARISH | 09/24/21 | $75.00 | $43.5K | 1.1K | 785 |
| T | PUT | TRADE | BEARISH | 10/15/21 | $27.50 | $33.3K | 0 | 314 |
| SOHU | CALL | SWEEP | BULLISH | 04/14/22 | $25.00 | $44.0K | 1.9K | 200 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AMC AMC, we observe a call option sweep with bearish sentiment. It expires in 123 day(s) on January 21, 2022. Parties traded 225 contract(s) at a $145.00 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 $43.4K, with a price of $193.0 per contract. There were 89609 open contracts at this strike prior to today, and today 5807 contract(s) were bought and sold.
• Regarding VIAC VIAC, we observe a call option sweep with bullish sentiment. It expires in 25 day(s) on October 15, 2021. Parties traded 445 contract(s) at a $40.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $42.2K, with a price of $95.0 per contract. There were 5839 open contracts at this strike prior to today, and today 3539 contract(s) were bought and sold.
• For FB FB, we notice a put option sweep that happens to be bullish, expiring in 88 day(s) on December 17, 2021. This event was a transfer of 400 contract(s) at a $270.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $138.2K, with a price of $350.0 per contract. There were 976 open contracts at this strike prior to today, and today 2568 contract(s) were bought and sold.
• Regarding SNAP SNAP, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on October 1, 2021. Parties traded 277 contract(s) at a $75.00 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 $40.4K, with a price of $146.0 per contract. There were 2556 open contracts at this strike prior to today, and today 1275 contract(s) were bought and sold.
• For NTES NTES, we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on September 24, 2021. This event was a transfer of 725 contract(s) at a $75.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $43.5K, with a price of $60.0 per contract. There were 1110 open contracts at this strike prior to today, and today 785 contract(s) were bought and sold.
• For T T, we notice a put option trade that happens to be bearish, expiring in 25 day(s) on October 15, 2021. This event was a transfer of 300 contract(s) at a $27.50 strike. The total cost received by the writing party (or parties) was $33.3K, with a price of $111.0 per contract. There were 0 open contracts at this strike prior to today, and today 314 contract(s) were bought and sold.
• For SOHU SOHU, we notice a call option sweep that happens to be bullish, expiring in 206 day(s) on April 14, 2022. This event was a transfer of 200 contract(s) at a $25.00 strike. This particular call needed to be split into 29 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 1940 open contracts at this strike prior to today, and today 200 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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