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 | CALL | SWEEP | BULLISH | 02/18/22 | $900.00 | $37.0K | 13.1K | 29.4K |
AMZN | CALL | SWEEP | BULLISH | 02/18/22 | $3200.00 | $126.0K | 3.3K | 3.8K |
MLCO | CALL | SWEEP | BULLISH | 04/14/22 | $15.00 | $77.5K | 1.7K | 2.1K |
GM | CALL | SWEEP | BULLISH | 04/14/22 | $45.00 | $57.5K | 601 | 767 |
ABNB | CALL | TRADE | BEARISH | 02/18/22 | $175.00 | $62.6K | 5.2K | 738 |
CVNA | CALL | TRADE | BULLISH | 03/18/22 | $175.00 | $402.0K | 17.2K | 602 |
FTCH | CALL | SWEEP | BULLISH | 04/14/22 | $22.50 | $32.6K | 6.1K | 329 |
NCLH | PUT | SWEEP | BULLISH | 03/18/22 | $22.50 | $37.9K | 21.1K | 302 |
MAR | CALL | TRADE | BULLISH | 02/18/22 | $177.50 | $27.3K | 245 | 245 |
FND | PUT | TRADE | BEARISH | 12/16/22 | $105.00 | $111.8K | 605 | 227 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 304 day(s) on February 18, 2022. This event was a transfer of 15 contract(s) at a $900.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.0K, with a price of $2472.0 per contract. There were 13190 open contracts at this strike prior to today, and today 29440 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 304 day(s) on February 18, 2022. Parties traded 36 contract(s) at a $3200.00 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 $126.0K, with a price of $3500.0 per contract. There were 3373 open contracts at this strike prior to today, and today 3842 contract(s) were bought and sold.
• Regarding MLCO MLCO, we observe a call option sweep with bullish sentiment. It expires in 249 day(s) on April 14, 2022. Parties traded 1963 contract(s) at a $15.00 strike. This particular call needed to be split into 54 different trades to become filled. The total cost received by the writing party (or parties) was $77.5K, with a price of $40.0 per contract. There were 1766 open contracts at this strike prior to today, and today 2151 contract(s) were bought and sold.
• Regarding GM GM, we observe a call option sweep with bullish sentiment. It expires in 249 day(s) on April 14, 2022. Parties traded 100 contract(s) at a $45.00 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 $57.5K, with a price of $575.0 per contract. There were 601 open contracts at this strike prior to today, and today 767 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option trade with bearish sentiment. It expires in 304 day(s) on February 18, 2022. Parties traded 100 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $62.6K, with a price of $626.0 per contract. There were 5274 open contracts at this strike prior to today, and today 738 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option trade that happens to be bullish, expiring in 276 day(s) on March 18, 2022. This event was a transfer of 600 contract(s) at a $175.00 strike. The total cost received by the writing party (or parties) was $402.0K, with a price of $670.0 per contract. There were 17282 open contracts at this strike prior to today, and today 602 contract(s) were bought and sold.
• For FTCH FTCH, we notice a call option sweep that happens to be bullish, expiring in 249 day(s) on April 14, 2022. This event was a transfer of 160 contract(s) at a $22.50 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 $32.6K, with a price of $204.0 per contract. There were 6195 open contracts at this strike prior to today, and today 329 contract(s) were bought and sold.
• For NCLH NCLH, we notice a put option sweep that happens to be bullish, expiring in 276 day(s) on March 18, 2022. This event was a transfer of 179 contract(s) at a $22.50 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 $37.9K, with a price of $212.0 per contract. There were 21135 open contracts at this strike prior to today, and today 302 contract(s) were bought and sold.
• For MAR MAR, we notice a call option trade that happens to be bullish, expiring in 304 day(s) on February 18, 2022. This event was a transfer of 78 contract(s) at a $177.50 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $350.0 per contract. There were 245 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold.
• For FND FND, we notice a put option trade that happens to be bearish, expiring in 3 day(s) on December 16, 2022. This event was a transfer of 67 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $111.8K, with a price of $1670.0 per contract. There were 605 open contracts at this strike prior to today, and today 227 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.