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.
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 |
---|---|---|---|---|---|---|---|---|
TSLA | PUT | SWEEP | BULLISH | 10/21/22 | $220.00 | $61.7K | 18.5K | 55.0K |
AMZN | CALL | SWEEP | NEUTRAL | 10/21/22 | $117.00 | $48.8K | 9.7K | 17.3K |
GT | CALL | SWEEP | BULLISH | 11/18/22 | $11.00 | $57.1K | 222 | 3.5K |
GPS | CALL | SWEEP | BEARISH | 10/28/22 | $10.00 | $25.3K | 2.9K | 2.4K |
F | PUT | SWEEP | BULLISH | 01/17/25 | $8.00 | $65.8K | 16.9K | 1.7K |
BABA | CALL | SWEEP | BEARISH | 10/28/22 | $76.00 | $88.3K | 1.0K | 1.0K |
M | PUT | SWEEP | BULLISH | 03/17/23 | $14.00 | $42.9K | 1.6K | 457 |
WEN | CALL | SWEEP | BULLISH | 01/19/24 | $25.00 | $38.1K | 1.7K | 307 |
XPEV | CALL | TRADE | BEARISH | 01/19/24 | $10.00 | $56.4K | 3.5K | 236 |
JD | PUT | SWEEP | BULLISH | 03/17/23 | $32.50 | $37.2K | 31 | 215 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 3 day(s) on October 21, 2022. This event was a transfer of 71 contract(s) at a $220.00 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 $61.7K, with a price of $870.0 per contract. There were 18510 open contracts at this strike prior to today, and today 55088 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be neutral, expiring in 3 day(s) on October 21, 2022. This event was a transfer of 222 contract(s) at a $117.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $48.8K, with a price of $220.0 per contract. There were 9761 open contracts at this strike prior to today, and today 17390 contract(s) were bought and sold.
• Regarding GT GT, we observe a call option sweep with bullish sentiment. It expires in 31 day(s) on November 18, 2022. Parties traded 476 contract(s) at a $11.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $57.1K, with a price of $120.0 per contract. There were 222 open contracts at this strike prior to today, and today 3564 contract(s) were bought and sold.
• Regarding GPS GPS, we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on October 28, 2022. Parties traded 506 contract(s) at a $10.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $25.3K, with a price of $50.0 per contract. There were 2985 open contracts at this strike prior to today, and today 2452 contract(s) were bought and sold.
• For F F, we notice a put option sweep that happens to be bullish, expiring in 822 day(s) on January 17, 2025. This event was a transfer of 523 contract(s) at a $8.00 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 $65.8K, with a price of $126.0 per contract. There were 16950 open contracts at this strike prior to today, and today 1724 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 10 day(s) on October 28, 2022. This event was a transfer of 300 contract(s) at a $76.00 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 $88.3K, with a price of $295.0 per contract. There were 1094 open contracts at this strike prior to today, and today 1067 contract(s) were bought and sold.
• Regarding M M, we observe a put option sweep with bullish sentiment. It expires in 150 day(s) on March 17, 2023. Parties traded 398 contract(s) at a $14.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $42.9K, with a price of $108.0 per contract. There were 1642 open contracts at this strike prior to today, and today 457 contract(s) were bought and sold.
• For WEN WEN, we notice a call option sweep that happens to be bullish, expiring in 458 day(s) on January 19, 2024. This event was a transfer of 305 contract(s) at a $25.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $38.1K, with a price of $125.0 per contract. There were 1763 open contracts at this strike prior to today, and today 307 contract(s) were bought and sold.
• For XPEV XPEV, we notice a call option trade that happens to be bearish, expiring in 458 day(s) on January 19, 2024. This event was a transfer of 200 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $56.4K, with a price of $282.0 per contract. There were 3535 open contracts at this strike prior to today, and today 236 contract(s) were bought and sold.
• For JD JD, we notice a put option sweep that happens to be bullish, expiring in 150 day(s) on March 17, 2023. This event was a transfer of 215 contract(s) at a $32.50 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $37.2K, with a price of $173.0 per contract. There were 31 open contracts at this strike prior to today, and today 215 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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