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 |
---|---|---|---|---|---|---|---|---|
ZIM | PUT | SWEEP | BEARISH | 08/19/22 | $45.00 | $320.0K | 4.3K | 2.0K |
PLUG | PUT | SWEEP | NEUTRAL | 09/16/22 | $22.50 | $53.1K | 9.0K | 1.4K |
UPS | PUT | TRADE | BULLISH | 08/19/22 | $192.50 | $40.9K | 235 | 287 |
NOC | CALL | SWEEP | BEARISH | 08/12/22 | $480.00 | $104.7K | 26 | 150 |
UNP | CALL | SWEEP | BULLISH | 01/19/24 | $300.00 | $30.5K | 746 | 130 |
GNRC | CALL | TRADE | BEARISH | 08/19/22 | $250.00 | $280.0K | 553 | 118 |
LHX | CALL | TRADE | NEUTRAL | 02/17/23 | $290.00 | $37.9K | 0 | 80 |
HON | PUT | TRADE | BEARISH | 08/12/22 | $192.50 | $30.5K | 257 | 76 |
EFX | CALL | TRADE | BEARISH | 12/16/22 | $240.00 | $31.1K | 225 | 51 |
SPCE | PUT | TRADE | NEUTRAL | 01/20/23 | $25.00 | $69.6K | 8.2K | 41 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For ZIM ZIM, we notice a put option sweep that happens to be bearish, expiring in 116 day(s) on August 19, 2022. This event was a transfer of 2000 contract(s) at a $45.00 strike. This particular put needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $320.0K, with a price of $160.0 per contract. There were 4358 open contracts at this strike prior to today, and today 2052 contract(s) were bought and sold.
• Regarding PLUG PLUG, we observe a put option sweep with neutral sentiment. It expires in 88 day(s) on September 16, 2022. Parties traded 210 contract(s) at a $22.50 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 $53.1K, with a price of $253.0 per contract. There were 9080 open contracts at this strike prior to today, and today 1492 contract(s) were bought and sold.
• Regarding UPS UPS, we observe a put option trade with bullish sentiment. It expires in 116 day(s) on August 19, 2022. Parties traded 100 contract(s) at a $192.50 strike. The total cost received by the writing party (or parties) was $40.9K, with a price of $410.0 per contract. There were 235 open contracts at this strike prior to today, and today 287 contract(s) were bought and sold.
• For NOC NOC, we notice a call option sweep that happens to be bearish, expiring in 123 day(s) on August 12, 2022. This event was a transfer of 100 contract(s) at a $480.00 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 $104.7K, with a price of $1034.0 per contract. There were 26 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.
• Regarding UNP UNP, we observe a call option sweep with bullish sentiment. It expires in 402 day(s) on January 19, 2024. Parties traded 50 contract(s) at a $300.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $610.0 per contract. There were 746 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold.
• For GNRC GNRC, we notice a call option trade that happens to be bearish, expiring in 116 day(s) on August 19, 2022. This event was a transfer of 112 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $280.0K, with a price of $2500.0 per contract. There were 553 open contracts at this strike prior to today, and today 118 contract(s) were bought and sold.
• Regarding LHX LHX, we observe a call option trade with neutral sentiment. It expires in 66 day(s) on February 17, 2023. Parties traded 78 contract(s) at a $290.00 strike. The total cost received by the writing party (or parties) was $37.9K, with a price of $487.0 per contract. There were 0 open contracts at this strike prior to today, and today 80 contract(s) were bought and sold.
• Regarding HON HON, we observe a put option trade with bearish sentiment. It expires in 123 day(s) on August 12, 2022. Parties traded 71 contract(s) at a $192.50 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $430.0 per contract. There were 257 open contracts at this strike prior to today, and today 76 contract(s) were bought and sold.
• For EFX EFX, we notice a call option trade that happens to be bearish, expiring in 3 day(s) on December 16, 2022. This event was a transfer of 51 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $31.1K, with a price of $610.0 per contract. There were 225 open contracts at this strike prior to today, and today 51 contract(s) were bought and sold.
• Regarding SPCE SPCE, we observe a put option trade with neutral sentiment. It expires in 38 day(s) on January 20, 2023. Parties traded 40 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $69.6K, with a price of $1741.0 per contract. There were 8247 open contracts at this strike prior to today, and today 41 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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