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 | CALL | SWEEP | BULLISH | 11/11/22 | $200.00 | $29.2K | 9.3K | 82.0K |
FSR | PUT | SWEEP | BEARISH | 02/17/23 | $7.50 | $26.7K | 2.8K | 8.3K |
XPEV | CALL | TRADE | BULLISH | 03/17/23 | $10.00 | $324.0K | 11.6K | 4.9K |
PTON | CALL | SWEEP | BULLISH | 11/18/22 | $10.00 | $30.5K | 10.5K | 4.9K |
F | PUT | SWEEP | BULLISH | 01/20/23 | $14.00 | $85.2K | 10.6K | 1.0K |
AMZN | PUT | SWEEP | BULLISH | 07/21/23 | $70.00 | $73.0K | 3.7K | 778 |
CVNA | CALL | SWEEP | BULLISH | 12/23/22 | $8.00 | $29.0K | 22 | 703 |
DLTR | PUT | TRADE | BEARISH | 01/20/23 | $160.00 | $45.8K | 488 | 500 |
JD | PUT | SWEEP | BULLISH | 06/16/23 | $35.00 | $33.0K | 1.0K | 413 |
M | PUT | TRADE | BEARISH | 11/25/22 | $20.00 | $42.5K | 1.1K | 336 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on November 11, 2022. This event was a transfer of 77 contract(s) at a $200.00 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 $29.2K, with a price of $380.0 per contract. There were 9309 open contracts at this strike prior to today, and today 82076 contract(s) were bought and sold.
• For FSR FSR, we notice a put option sweep that happens to be bearish, expiring in 101 day(s) on February 17, 2023. This event was a transfer of 181 contract(s) at a $7.50 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $149.0 per contract. There were 2817 open contracts at this strike prior to today, and today 8310 contract(s) were bought and sold.
• For XPEV XPEV, we notice a call option trade that happens to be bullish, expiring in 129 day(s) on March 17, 2023. This event was a transfer of 2700 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $324.0K, with a price of $120.0 per contract. There were 11604 open contracts at this strike prior to today, and today 4967 contract(s) were bought and sold.
• For PTON PTON, we notice a call option sweep that happens to be bullish, expiring in 10 day(s) on November 18, 2022. This event was a transfer of 500 contract(s) at a $10.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $61.0 per contract. There were 10560 open contracts at this strike prior to today, and today 4950 contract(s) were bought and sold.
• Regarding F F, we observe a put option sweep with bullish sentiment. It expires in 73 day(s) on January 20, 2023. Parties traded 671 contract(s) at a $14.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $85.2K, with a price of $127.0 per contract. There were 10604 open contracts at this strike prior to today, and today 1039 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option sweep with bullish sentiment. It expires in 255 day(s) on July 21, 2023. Parties traded 174 contract(s) at a $70.00 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 $73.0K, with a price of $420.0 per contract. There were 3736 open contracts at this strike prior to today, and today 778 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option sweep that happens to be bullish, expiring in 45 day(s) on December 23, 2022. This event was a transfer of 200 contract(s) at a $8.00 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 $29.0K, with a price of $145.0 per contract. There were 22 open contracts at this strike prior to today, and today 703 contract(s) were bought and sold.
• For DLTR DLTR, we notice a put option trade that happens to be bearish, expiring in 73 day(s) on January 20, 2023. This event was a transfer of 50 contract(s) at a $160.00 strike. The total cost received by the writing party (or parties) was $45.8K, with a price of $917.0 per contract. There were 488 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• Regarding JD JD, we observe a put option sweep with bullish sentiment. It expires in 220 day(s) on June 16, 2023. Parties traded 100 contract(s) at a $35.00 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 $33.0K, with a price of $330.0 per contract. There were 1098 open contracts at this strike prior to today, and today 413 contract(s) were bought and sold.
• Regarding M M, we observe a put option trade with bearish sentiment. It expires in 17 day(s) on November 25, 2022. Parties traded 322 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $42.5K, with a price of $132.0 per contract. There were 1183 open contracts at this strike prior to today, and today 336 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.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.