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.
Here's the list of options activity happening in today's session:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
BABA | CALL | TRADE | NEUTRAL | 07/29/22 | $105.00 | $25.7K | 4.4K | 42.7K |
AMZN | PUT | TRADE | BULLISH | 07/29/22 | $115.00 | $29.2K | 9.9K | 16.9K |
TSLA | CALL | TRADE | BEARISH | 07/29/22 | $780.00 | $29.0K | 1.7K | 9.4K |
FFIE | PUT | TRADE | BULLISH | 11/18/22 | $3.00 | $160.0K | 9.9K | 3.5K |
CCL | PUT | TRADE | BULLISH | 06/16/23 | $12.50 | $48.4K | 7.9K | 3.5K |
FSR | PUT | SWEEP | BEARISH | 10/21/22 | $10.00 | $25.4K | 10.0K | 2.8K |
FVRR | PUT | SWEEP | BEARISH | 08/19/22 | $25.00 | $26.7K | 2.7K | 1.5K |
SKX | PUT | TRADE | BEARISH | 07/29/22 | $36.00 | $58.6K | 2.2K | 1.1K |
CHWY | CALL | SWEEP | BULLISH | 08/19/22 | $33.00 | $111.1K | 2 | 185 |
LULU | PUT | TRADE | BULLISH | 08/19/22 | $300.00 | $63.5K | 232 | 171 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For BABA BABA, we notice a call option trade that happens to be neutral, expiring in 3 day(s) on July 29, 2022. This event was a transfer of 211 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $122.0 per contract. There were 4449 open contracts at this strike prior to today, and today 42752 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option trade that happens to be bullish, expiring in 3 day(s) on July 29, 2022. This event was a transfer of 75 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $390.0 per contract. There were 9923 open contracts at this strike prior to today, and today 16956 contract(s) were bought and sold.
• For TSLA TSLA, we notice a call option trade that happens to be bearish, expiring in 3 day(s) on July 29, 2022. This event was a transfer of 20 contract(s) at a $780.00 strike. The total cost received by the writing party (or parties) was $29.0K, with a price of $1450.0 per contract. There were 1734 open contracts at this strike prior to today, and today 9466 contract(s) were bought and sold.
• For FFIE FFIE, we notice a put option trade that happens to be bullish, expiring in 115 day(s) on November 18, 2022. This event was a transfer of 1000 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $160.0K, with a price of $160.0 per contract. There were 9945 open contracts at this strike prior to today, and today 3501 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a put option trade with bullish sentiment. It expires in 325 day(s) on June 16, 2023. Parties traded 100 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $48.4K, with a price of $484.0 per contract. There were 7995 open contracts at this strike prior to today, and today 3500 contract(s) were bought and sold.
• Regarding FSR FSR, we observe a put option sweep with bearish sentiment. It expires in 87 day(s) on October 21, 2022. Parties traded 108 contract(s) at a $10.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $25.4K, with a price of $236.0 per contract. There were 10053 open contracts at this strike prior to today, and today 2826 contract(s) were bought and sold.
• For FVRR FVRR, we notice a put option sweep that happens to be bearish, expiring in 24 day(s) on August 19, 2022. This event was a transfer of 255 contract(s) at a $25.00 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 $26.7K, with a price of $105.0 per contract. There were 2764 open contracts at this strike prior to today, and today 1532 contract(s) were bought and sold.
• Regarding SKX SKX, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on July 29, 2022. Parties traded 269 contract(s) at a $36.00 strike. The total cost received by the writing party (or parties) was $58.6K, with a price of $218.0 per contract. There were 2289 open contracts at this strike prior to today, and today 1166 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a call option sweep with bullish sentiment. It expires in 24 day(s) on August 19, 2022. Parties traded 175 contract(s) at a $33.00 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 $111.1K, with a price of $635.0 per contract. There were 2 open contracts at this strike prior to today, and today 185 contract(s) were bought and sold.
• For LULU LULU, we notice a put option trade that happens to be bullish, expiring in 24 day(s) on August 19, 2022. This event was a transfer of 28 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $63.5K, with a price of $2270.0 per contract. There were 232 open contracts at this strike prior to today, and today 171 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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