This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels.
Below are some instances of 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 | PUT | SWEEP | BULLISH | 02/18/22 | $900.00 | $32.8K | 23.6K | 24.3K |
BBBY | PUT | SWEEP | BEARISH | 03/18/22 | $15.00 | $27.9K | 9.6K | 5.3K |
AMZN | PUT | SWEEP | BEARISH | 02/18/22 | $3100.00 | $110.0K | 2.9K | 4.3K |
BBY | PUT | SWEEP | NEUTRAL | 03/18/22 | $75.00 | $33.3K | 3.4K | 2.0K |
BABA | PUT | SWEEP | BEARISH | 03/18/22 | $115.00 | $52.8K | 8.8K | 1.9K |
PDD | PUT | SWEEP | BEARISH | 03/18/22 | $55.00 | $43.8K | 2.6K | 1.3K |
CPNG | CALL | TRADE | BEARISH | 03/18/22 | $22.50 | $86.9K | 3.1K | 1.2K |
DASH | PUT | SWEEP | BEARISH | 02/18/22 | $95.00 | $145.6K | 2.3K | 973 |
REAL | CALL | SWEEP | BULLISH | 03/18/22 | $10.00 | $31.8K | 3.2K | 430 |
HD | PUT | SWEEP | BEARISH | 02/18/22 | $350.00 | $36.1K | 3.4K | 277 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on February 18, 2022. Parties traded 27 contract(s) at a $900.00 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 $32.8K, with a price of $1215.0 per contract. There were 23618 open contracts at this strike prior to today, and today 24331 contract(s) were bought and sold.
• Regarding BBBY BBBY, we observe a put option sweep with bearish sentiment. It expires in 30 day(s) on March 18, 2022. Parties traded 217 contract(s) at a $15.00 strike. This particular put needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $129.0 per contract. There were 9686 open contracts at this strike prior to today, and today 5350 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on February 18, 2022. This event was a transfer of 44 contract(s) at a $3100.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $110.0K, with a price of $2500.0 per contract. There were 2960 open contracts at this strike prior to today, and today 4360 contract(s) were bought and sold.
• For BBY BBY, we notice a put option sweep that happens to be neutral, expiring in 30 day(s) on March 18, 2022. This event was a transfer of 560 contract(s) at a $75.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $33.3K, with a price of $59.0 per contract. There were 3476 open contracts at this strike prior to today, and today 2082 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option sweep with bearish sentiment. It expires in 30 day(s) on March 18, 2022. Parties traded 129 contract(s) at a $115.00 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 $52.8K, with a price of $410.0 per contract. There were 8857 open contracts at this strike prior to today, and today 1983 contract(s) were bought and sold.
• For PDD PDD, we notice a put option sweep that happens to be bearish, expiring in 30 day(s) on March 18, 2022. This event was a transfer of 129 contract(s) at a $55.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $43.8K, with a price of $340.0 per contract. There were 2644 open contracts at this strike prior to today, and today 1334 contract(s) were bought and sold.
• For CPNG CPNG, we notice a call option trade that happens to be bearish, expiring in 30 day(s) on March 18, 2022. This event was a transfer of 470 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $86.9K, with a price of $185.0 per contract. There were 3118 open contracts at this strike prior to today, and today 1284 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on February 18, 2022. Parties traded 200 contract(s) at a $95.00 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 $145.6K, with a price of $725.0 per contract. There were 2307 open contracts at this strike prior to today, and today 973 contract(s) were bought and sold.
• Regarding REAL REAL, we observe a call option sweep with bullish sentiment. It expires in 30 day(s) on March 18, 2022. Parties traded 375 contract(s) at a $10.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $85.0 per contract. There were 3220 open contracts at this strike prior to today, and today 430 contract(s) were bought and sold.
• For HD HD, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on February 18, 2022. This event was a transfer of 64 contract(s) at a $350.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $36.1K, with a price of $565.0 per contract. There were 3462 open contracts at this strike prior to today, and today 277 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.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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