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 | NEUTRAL | 03/18/22 | $750.00 | $25.7K | 9.9K | 46.5K |
DKNG | CALL | SWEEP | BEARISH | 04/14/22 | $15.00 | $36.2K | 875 | 2.0K |
BABA | CALL | TRADE | BEARISH | 04/14/22 | $80.00 | $36.9K | 375 | 1.7K |
WYNN | PUT | TRADE | BULLISH | 04/14/22 | $50.00 | $25.5K | 338 | 1.3K |
BROS | PUT | SWEEP | BEARISH | 04/14/22 | $40.00 | $27.3K | 2.6K | 1.0K |
CVNA | PUT | SWEEP | BULLISH | 03/18/22 | $100.00 | $42.0K | 2.3K | 977 |
GME | PUT | TRADE | NEUTRAL | 03/18/22 | $100.00 | $80.4K | 3.8K | 830 |
HD | PUT | TRADE | BEARISH | 01/20/23 | $305.00 | $2.1 million | 1.6K | 750 |
AMZN | PUT | SWEEP | NEUTRAL | 03/18/22 | $2840.00 | $39.4K | 801 | 604 |
KMX | CALL | TRADE | BULLISH | 01/20/23 | $130.00 | $25.0K | 264 | 234 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with neutral sentiment. It expires in 4 day(s) on March 18, 2022. Parties traded 11 contract(s) at a $750.00 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 $25.7K, with a price of $2335.0 per contract. There were 9904 open contracts at this strike prior to today, and today 46539 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option sweep that happens to be bearish, expiring in 31 day(s) on April 14, 2022. This event was a transfer of 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 $36.2K, with a price of $181.0 per contract. There were 875 open contracts at this strike prior to today, and today 2052 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option trade with bearish sentiment. It expires in 31 day(s) on April 14, 2022. Parties traded 50 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $739.0 per contract. There were 375 open contracts at this strike prior to today, and today 1771 contract(s) were bought and sold.
• For WYNN WYNN, we notice a put option trade that happens to be bullish, expiring in 31 day(s) on April 14, 2022. This event was a transfer of 250 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $102.0 per contract. There were 338 open contracts at this strike prior to today, and today 1389 contract(s) were bought and sold.
• Regarding BROS BROS, we observe a put option sweep with bearish sentiment. It expires in 31 day(s) on April 14, 2022. Parties traded 125 contract(s) at a $40.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $220.0 per contract. There were 2637 open contracts at this strike prior to today, and today 1020 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on March 18, 2022. This event was a transfer of 140 contract(s) at a $100.00 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 $42.0K, with a price of $300.0 per contract. There were 2311 open contracts at this strike prior to today, and today 977 contract(s) were bought and sold.
• Regarding GME GME, we observe a put option trade with neutral sentiment. It expires in 4 day(s) on March 18, 2022. Parties traded 42 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $80.4K, with a price of $1915.0 per contract. There were 3833 open contracts at this strike prior to today, and today 830 contract(s) were bought and sold.
• For HD HD, we notice a put option trade that happens to be bearish, expiring in 312 day(s) on January 20, 2023. This event was a transfer of 750 contract(s) at a $305.00 strike. The total cost received by the writing party (or parties) was $2.1 million, with a price of $2850.0 per contract. There were 1686 open contracts at this strike prior to today, and today 750 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be neutral, expiring in 4 day(s) on March 18, 2022. This event was a transfer of 6 contract(s) at a $2840.00 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 $39.4K, with a price of $6578.0 per contract. There were 801 open contracts at this strike prior to today, and today 604 contract(s) were bought and sold.
• Regarding KMX KMX, we observe a call option trade with bullish sentiment. It expires in 312 day(s) on January 20, 2023. Parties traded 41 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $610.0 per contract. There were 264 open contracts at this strike prior to today, and today 234 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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