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 |
---|---|---|---|---|---|---|---|---|
AAL | CALL | SWEEP | BULLISH | 01/20/23 | $16.00 | $27.0K | 19.0K | 1.6K |
LYFT | CALL | SWEEP | BEARISH | 01/17/25 | $35.00 | $63.8K | 1.9K | 887 |
CHPT | PUT | SWEEP | BULLISH | 01/19/24 | $13.00 | $100.5K | 1.5K | 671 |
DAL | PUT | SWEEP | BULLISH | 03/17/23 | $35.00 | $93.0K | 515 | 571 |
GRAB | CALL | SWEEP | BEARISH | 04/21/23 | $3.00 | $30.0K | 848 | 500 |
NOC | CALL | TRADE | BEARISH | 12/16/22 | $530.00 | $33.1K | 94 | 338 |
R | CALL | SWEEP | BULLISH | 12/16/22 | $90.00 | $37.9K | 311 | 300 |
RUN | CALL | TRADE | BULLISH | 01/20/23 | $30.00 | $38.0K | 6.2K | 201 |
BA | PUT | SWEEP | NEUTRAL | 12/16/22 | $175.00 | $28.8K | 668 | 195 |
SPWR | PUT | SWEEP | BULLISH | 03/17/23 | $22.00 | $32.0K | 168 | 131 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AAL AAL, we notice a call option sweep that happens to be bullish, expiring in 67 day(s) on January 20, 2023. This event was a transfer of 311 contract(s) at a $16.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $87.0 per contract. There were 19060 open contracts at this strike prior to today, and today 1698 contract(s) were bought and sold.
• Regarding LYFT LYFT, we observe a call option sweep with bearish sentiment. It expires in 795 day(s) on January 17, 2025. Parties traded 742 contract(s) at a $35.00 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 $63.8K, with a price of $86.0 per contract. There were 1915 open contracts at this strike prior to today, and today 887 contract(s) were bought and sold.
• For CHPT CHPT, we notice a put option sweep that happens to be bullish, expiring in 431 day(s) on January 19, 2024. This event was a transfer of 268 contract(s) at a $13.00 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 $100.5K, with a price of $375.0 per contract. There were 1585 open contracts at this strike prior to today, and today 671 contract(s) were bought and sold.
• For DAL DAL, we notice a put option sweep that happens to be bullish, expiring in 123 day(s) on March 17, 2023. This event was a transfer of 300 contract(s) at a $35.00 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 $93.0K, with a price of $310.0 per contract. There were 515 open contracts at this strike prior to today, and today 571 contract(s) were bought and sold.
• For GRAB GRAB, we notice a call option sweep that happens to be bearish, expiring in 158 day(s) on April 21, 2023. This event was a transfer of 500 contract(s) at a $3.00 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 $30.0K, with a price of $60.0 per contract. There were 848 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• For NOC NOC, we notice a call option trade that happens to be bearish, expiring in 32 day(s) on December 16, 2022. This event was a transfer of 100 contract(s) at a $530.00 strike. The total cost received by the writing party (or parties) was $33.1K, with a price of $331.0 per contract. There were 94 open contracts at this strike prior to today, and today 338 contract(s) were bought and sold.
• For R R, we notice a call option sweep that happens to be bullish, expiring in 32 day(s) on December 16, 2022. This event was a transfer of 149 contract(s) at a $90.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $37.9K, with a price of $255.0 per contract. There were 311 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.
• Regarding RUN RUN, we observe a call option trade with bullish sentiment. It expires in 67 day(s) on January 20, 2023. Parties traded 100 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $38.0K, with a price of $380.0 per contract. There were 6254 open contracts at this strike prior to today, and today 201 contract(s) were bought and sold.
• Regarding BA BA, we observe a put option sweep with neutral sentiment. It expires in 32 day(s) on December 16, 2022. Parties traded 39 contract(s) at a $175.00 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 $28.8K, with a price of $740.0 per contract. There were 668 open contracts at this strike prior to today, and today 195 contract(s) were bought and sold.
• Regarding SPWR SPWR, we observe a put option sweep with bullish sentiment. It expires in 123 day(s) on March 17, 2023. Parties traded 93 contract(s) at a $22.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $345.0 per contract. There were 168 open contracts at this strike prior to today, and today 131 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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