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.
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 |
---|---|---|---|---|---|---|---|---|
LCID | CALL | SWEEP | BULLISH | 09/24/21 | $25.00 | $69.4K | 14.6K | 22.8K |
ATER | CALL | SWEEP | BULLISH | 10/15/21 | $15.00 | $50.5K | 9.3K | 16.4K |
MGM | CALL | SWEEP | BEARISH | 09/24/21 | $41.00 | $76.5K | 1.0K | 16.1K |
DKNG | CALL | TRADE | BULLISH | 09/24/21 | $54.00 | $41.3K | 313 | 6.9K |
BBIG | CALL | SWEEP | BULLISH | 01/21/22 | $10.00 | $162.1K | 26.5K | 4.7K |
ABNB | PUT | SWEEP | BEARISH | 09/24/21 | $160.00 | $34.7K | 1.0K | 3.8K |
GME | PUT | SWEEP | BEARISH | 09/24/21 | $185.00 | $108.0K | 960 | 2.3K |
JD | CALL | SWEEP | BULLISH | 10/15/21 | $80.00 | $95.7K | 21.4K | 2.0K |
GM | CALL | SWEEP | NEUTRAL | 10/15/21 | $50.00 | $47.4K | 46.5K | 1.5K |
QS | CALL | SWEEP | BEARISH | 01/19/24 | $30.00 | $197.2K | 206 | 699 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding LCID LCID, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on September 24, 2021. Parties traded 399 contract(s) at a $25.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $69.4K, with a price of $174.0 per contract. There were 14664 open contracts at this strike prior to today, and today 22883 contract(s) were bought and sold.
• Regarding ATER ATER, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on October 15, 2021. Parties traded 200 contract(s) at a $15.00 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 $50.5K, with a price of $253.0 per contract. There were 9355 open contracts at this strike prior to today, and today 16443 contract(s) were bought and sold.
• For MGM MGM, we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on September 24, 2021. This event was a transfer of 900 contract(s) at a $41.00 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 $76.5K, with a price of $85.0 per contract. There were 1087 open contracts at this strike prior to today, and today 16165 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option trade with bullish sentiment. It expires in 3 day(s) on September 24, 2021. Parties traded 200 contract(s) at a $54.00 strike. The total cost received by the writing party (or parties) was $41.3K, with a price of $207.0 per contract. There were 313 open contracts at this strike prior to today, and today 6909 contract(s) were bought and sold.
• Regarding BBIG BBIG, we observe a call option sweep with bullish sentiment. It expires in 122 day(s) on January 21, 2022. Parties traded 1409 contract(s) at a $10.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $162.1K, with a price of $115.0 per contract. There were 26566 open contracts at this strike prior to today, and today 4771 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on September 24, 2021. Parties traded 539 contract(s) at a $160.00 strike. This particular put needed to be split into 75 different trades to become filled. The total cost received by the writing party (or parties) was $34.7K, with a price of $62.0 per contract. There were 1045 open contracts at this strike prior to today, and today 3811 contract(s) were bought and sold.
• Regarding GME GME, we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on September 24, 2021. Parties traded 216 contract(s) at a $185.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $108.0K, with a price of $500.0 per contract. There were 960 open contracts at this strike prior to today, and today 2307 contract(s) were bought and sold.
• For JD JD, we notice a call option sweep that happens to be bullish, expiring in 24 day(s) on October 15, 2021. This event was a transfer of 742 contract(s) at a $80.00 strike. This particular call needed to be split into 45 different trades to become filled. The total cost received by the writing party (or parties) was $95.7K, with a price of $129.0 per contract. There were 21458 open contracts at this strike prior to today, and today 2043 contract(s) were bought and sold.
• For GM GM, we notice a call option sweep that happens to be neutral, expiring in 24 day(s) on October 15, 2021. This event was a transfer of 271 contract(s) at a $50.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $47.4K, with a price of $175.0 per contract. There were 46574 open contracts at this strike prior to today, and today 1562 contract(s) were bought and sold.
• Regarding QS QS, we observe a call option sweep with bearish sentiment. It expires in 850 day(s) on January 19, 2024. Parties traded 202 contract(s) at a $30.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $197.2K, with a price of $985.0 per contract. There were 206 open contracts at this strike prior to today, and today 699 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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