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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 | BEARISH | 12/30/22 | $125.00 | $35.4K | 29.8K | 122.6K |
F | CALL | SWEEP | BULLISH | 01/20/23 | $12.00 | $53.5K | 61.5K | 3.9K |
AMZN | CALL | SWEEP | BULLISH | 02/17/23 | $90.00 | $76.0K | 75.2K | 2.3K |
GOTU | CALL | SWEEP | BULLISH | 04/21/23 | $3.50 | $74.7K | 461 | 1.4K |
CTRN | PUT | TRADE | BEARISH | 01/20/23 | $25.00 | $63.9K | 1.1K | 830 |
NIO | CALL | SWEEP | BULLISH | 01/19/24 | $5.00 | $25.6K | 1.7K | 705 |
SONO | CALL | SWEEP | NEUTRAL | 01/27/23 | $15.50 | $47.1K | 0 | 675 |
BABA | CALL | TRADE | BEARISH | 03/17/23 | $95.00 | $71.5K | 4.5K | 237 |
DRI | CALL | SWEEP | BEARISH | 04/21/23 | $155.00 | $38.0K | 675 | 113 |
PDD | CALL | TRADE | BULLISH | 04/21/23 | $100.00 | $61.0K | 615 | 110 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 1 day(s) on December 30, 2022. Parties traded 400 contract(s) at a $125.00 strike. This particular call needed to be split into 43 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $88.0 per contract. There were 29847 open contracts at this strike prior to today, and today 122678 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bullish, expiring in 22 day(s) on January 20, 2023. This event was a transfer of 2319 contract(s) at a $12.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $53.5K, with a price of $23.0 per contract. There were 61568 open contracts at this strike prior to today, and today 3915 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 50 day(s) on February 17, 2023. Parties traded 200 contract(s) at a $90.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $76.0K, with a price of $380.0 per contract. There were 75271 open contracts at this strike prior to today, and today 2344 contract(s) were bought and sold.
• Regarding GOTU GOTU, we observe a call option sweep with bullish sentiment. It expires in 113 day(s) on April 21, 2023. Parties traded 1384 contract(s) at a $3.50 strike. This particular call needed to be split into 48 different trades to become filled. The total cost received by the writing party (or parties) was $74.7K, with a price of $54.0 per contract. There were 461 open contracts at this strike prior to today, and today 1429 contract(s) were bought and sold.
• For CTRN CTRN, we notice a put option trade that happens to be bearish, expiring in 22 day(s) on January 20, 2023. This event was a transfer of 533 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $63.9K, with a price of $120.0 per contract. There were 1175 open contracts at this strike prior to today, and today 830 contract(s) were bought and sold.
• For NIO NIO, we notice a call option sweep that happens to be bullish, expiring in 386 day(s) on January 19, 2024. This event was a transfer of 42 contract(s) at a $5.00 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 $25.6K, with a price of $610.0 per contract. There were 1771 open contracts at this strike prior to today, and today 705 contract(s) were bought and sold.
• For SONO SONO, we notice a call option sweep that happens to be neutral, expiring in 29 day(s) on January 27, 2023. This event was a transfer of 300 contract(s) at a $15.50 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 $47.1K, with a price of $156.0 per contract. There were 0 open contracts at this strike prior to today, and today 675 contract(s) were bought and sold.
• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 78 day(s) on March 17, 2023. This event was a transfer of 100 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $71.5K, with a price of $715.0 per contract. There were 4577 open contracts at this strike prior to today, and today 237 contract(s) were bought and sold.
• Regarding DRI DRI, we observe a call option sweep with bearish sentiment. It expires in 113 day(s) on April 21, 2023. Parties traded 112 contract(s) at a $155.00 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 $38.0K, with a price of $340.0 per contract. There were 675 open contracts at this strike prior to today, and today 113 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a call option trade with bullish sentiment. It expires in 113 day(s) on April 21, 2023. Parties traded 100 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $61.0K, with a price of $610.0 per contract. There were 615 open contracts at this strike prior to today, and today 110 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.