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 |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | NEUTRAL | 09/24/21 | $760.00 | $74.4K | 18.2K | 50.5K |
LCID | CALL | TRADE | BEARISH | 09/24/21 | $25.00 | $34.0K | 13.2K | 16.7K |
CCL | PUT | TRADE | BEARISH | 06/17/22 | $17.50 | $500.0K | 11.3K | 5.0K |
MGM | CALL | SWEEP | BEARISH | 12/17/21 | $46.00 | $111.4K | 650 | 4.6K |
DKNG | CALL | SWEEP | BULLISH | 10/15/21 | $58.00 | $27.6K | 7.6K | 3.7K |
AMZN | CALL | SWEEP | BULLISH | 09/24/21 | $3470.00 | $33.2K | 1.4K | 3.0K |
GM | CALL | SWEEP | BULLISH | 12/17/21 | $52.50 | $96.7K | 8.3K | 2.6K |
NCLH | CALL | SWEEP | BULLISH | 10/01/21 | $28.00 | $31.1K | 1.5K | 1.6K |
F | CALL | SWEEP | BULLISH | 03/18/22 | $14.00 | $26.8K | 13.7K | 1.3K |
EDU | CALL | TRADE | BEARISH | 01/20/23 | $7.50 | $38.7K | 6.5K | 1.2K |
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 neutral, expiring in 1 day(s) on September 24, 2021. This event was a transfer of 451 contract(s) at a $760.00 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 $74.4K, with a price of $165.0 per contract. There were 18210 open contracts at this strike prior to today, and today 50537 contract(s) were bought and sold.
• Regarding LCID LCID, we observe a call option trade with bearish sentiment. It expires in 1 day(s) on September 24, 2021. Parties traded 400 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $34.0K, with a price of $85.0 per contract. There were 13296 open contracts at this strike prior to today, and today 16720 contract(s) were bought and sold.
• For CCL CCL, we notice a put option trade that happens to be bearish, expiring in 267 day(s) on June 17, 2022. This event was a transfer of 5000 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $500.0K, with a price of $100.0 per contract. There were 11318 open contracts at this strike prior to today, and today 5000 contract(s) were bought and sold.
• For MGM MGM, we notice a call option sweep that happens to be bearish, expiring in 85 day(s) on December 17, 2021. This event was a transfer of 343 contract(s) at a $46.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $111.4K, with a price of $325.0 per contract. There were 650 open contracts at this strike prior to today, and today 4619 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option sweep with bullish sentiment. It expires in 22 day(s) on October 15, 2021. Parties traded 314 contract(s) at a $58.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $27.6K, with a price of $88.0 per contract. There were 7680 open contracts at this strike prior to today, and today 3703 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on September 24, 2021. Parties traded 253 contract(s) at a $3470.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $33.2K, with a price of $130.0 per contract. There were 1476 open contracts at this strike prior to today, and today 3036 contract(s) were bought and sold.
• Regarding GM GM, we observe a call option sweep with bullish sentiment. It expires in 85 day(s) on December 17, 2021. Parties traded 312 contract(s) at a $52.50 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $96.7K, with a price of $310.0 per contract. There were 8321 open contracts at this strike prior to today, and today 2633 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option sweep that happens to be bullish, expiring in 8 day(s) on October 1, 2021. This event was a transfer of 530 contract(s) at a $28.00 strike. This particular call needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $31.1K, with a price of $61.0 per contract. There were 1511 open contracts at this strike prior to today, and today 1662 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 176 day(s) on March 18, 2022. Parties traded 200 contract(s) at a $14.00 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 $26.8K, with a price of $134.0 per contract. There were 13755 open contracts at this strike prior to today, and today 1332 contract(s) were bought and sold.
• For EDU EDU, we notice a call option trade that happens to be bearish, expiring in 484 day(s) on January 20, 2023. This event was a transfer of 1250 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $31.0 per contract. There were 6586 open contracts at this strike prior to today, and today 1256 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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