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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 | CALL | TRADE | NEUTRAL | 07/22/22 | $800.00 | $103.7K | 18.2K | 127.3K |
AMZN | CALL | SWEEP | BEARISH | 07/29/22 | $130.00 | $36.2K | 17.1K | 8.8K |
BABA | CALL | SWEEP | BULLISH | 08/19/22 | $120.00 | $303.9K | 21.2K | 2.7K |
CHWY | CALL | TRADE | BULLISH | 09/16/22 | $50.00 | $155.2K | 1.4K | 947 |
GME | CALL | SWEEP | BEARISH | 08/19/22 | $160.00 | $28.7K | 1.1K | 809 |
WYNN | PUT | SWEEP | BEARISH | 12/16/22 | $55.00 | $120.0K | 753 | 402 |
RCL | PUT | TRADE | BULLISH | 07/29/22 | $35.50 | $35.2K | 53 | 340 |
CCL | CALL | TRADE | BULLISH | 06/21/24 | $10.00 | $71.1K | 86 | 330 |
CZR | CALL | TRADE | BEARISH | 07/29/22 | $44.00 | $34.8K | 116 | 238 |
ETSY | CALL | SWEEP | BEARISH | 09/16/22 | $85.00 | $172.0K | 255 | 228 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option trade with neutral sentiment. It expires in 1 day(s) on July 22, 2022. Parties traded 60 contract(s) at a $800.00 strike. The total cost received by the writing party (or parties) was $103.7K, with a price of $1729.0 per contract. There were 18262 open contracts at this strike prior to today, and today 127303 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be bearish, expiring in 8 day(s) on July 29, 2022. This event was a transfer of 200 contract(s) at a $130.00 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 17179 open contracts at this strike prior to today, and today 8877 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 29 day(s) on August 19, 2022. This event was a transfer of 1310 contract(s) at a $120.00 strike. This particular call needed to be split into 131 different trades to become filled. The total cost received by the writing party (or parties) was $303.9K, with a price of $230.0 per contract. There were 21231 open contracts at this strike prior to today, and today 2798 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a call option trade with bullish sentiment. It expires in 57 day(s) on September 16, 2022. Parties traded 450 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $155.2K, with a price of $345.0 per contract. There were 1469 open contracts at this strike prior to today, and today 947 contract(s) were bought and sold.
• Regarding GME GME, we observe a call option sweep with bearish sentiment. It expires in 29 day(s) on August 19, 2022. Parties traded 24 contract(s) at a $160.00 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 $28.7K, with a price of $1195.0 per contract. There were 1176 open contracts at this strike prior to today, and today 809 contract(s) were bought and sold.
• For WYNN WYNN, we notice a put option sweep that happens to be bearish, expiring in 148 day(s) on December 16, 2022. This event was a transfer of 240 contract(s) at a $55.00 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 $120.0K, with a price of $500.0 per contract. There were 753 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a put option trade with bullish sentiment. It expires in 8 day(s) on July 29, 2022. Parties traded 220 contract(s) at a $35.50 strike. The total cost received by the writing party (or parties) was $35.2K, with a price of $160.0 per contract. There were 53 open contracts at this strike prior to today, and today 340 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a call option trade with bullish sentiment. It expires in 701 day(s) on June 21, 2024. Parties traded 180 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $71.1K, with a price of $395.0 per contract. There were 86 open contracts at this strike prior to today, and today 330 contract(s) were bought and sold.
• For CZR CZR, we notice a call option trade that happens to be bearish, expiring in 8 day(s) on July 29, 2022. This event was a transfer of 211 contract(s) at a $44.00 strike. The total cost received by the writing party (or parties) was $34.8K, with a price of $165.0 per contract. There were 116 open contracts at this strike prior to today, and today 238 contract(s) were bought and sold.
• For ETSY ETSY, we notice a call option sweep that happens to be bearish, expiring in 57 day(s) on September 16, 2022. This event was a transfer of 100 contract(s) at a $85.00 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 $172.0K, with a price of $1720.0 per contract. There were 255 open contracts at this strike prior to today, and today 228 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.
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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