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 | PUT | SWEEP | BEARISH | 01/06/23 | $100.00 | $45.2K | 24.9K | 94.6K |
GME | PUT | SWEEP | BEARISH | 02/17/23 | $17.50 | $37.4K | 563 | 12.1K |
W | CALL | SWEEP | BULLISH | 03/17/23 | $40.00 | $307.8K | 331 | 3.0K |
ANF | PUT | SWEEP | BEARISH | 01/13/23 | $24.00 | $114.0K | 5 | 1.1K |
LI | CALL | TRADE | BULLISH | 06/16/23 | $25.00 | $278.0K | 410 | 1.0K |
LCID | PUT | SWEEP | BEARISH | 08/18/23 | $9.00 | $295.1K | 75 | 787 |
VSCO | PUT | SWEEP | BEARISH | 01/20/23 | $35.00 | $50.6K | 1.0K | 190 |
SBUX | CALL | SWEEP | BULLISH | 06/16/23 | $105.00 | $38.0K | 6.0K | 182 |
DHI | PUT | SWEEP | BEARISH | 01/19/24 | $70.00 | $44.5K | 697 | 144 |
AMZN | PUT | SWEEP | BEARISH | 03/17/23 | $110.00 | $28.5K | 15.3K | 126 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on January 6, 2023. This event was a transfer of 226 contract(s) at a $100.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $45.2K, with a price of $200.0 per contract. There were 24988 open contracts at this strike prior to today, and today 94654 contract(s) were bought and sold.
• Regarding GME GME, we observe a put option sweep with bearish sentiment. It expires in 45 day(s) on February 17, 2023. Parties traded 129 contract(s) at a $17.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $37.4K, with a price of $291.0 per contract. There were 563 open contracts at this strike prior to today, and today 12114 contract(s) were bought and sold.
• Regarding W W, we observe a call option sweep with bullish sentiment. It expires in 73 day(s) on March 17, 2023. Parties traded 933 contract(s) at a $40.00 strike. This particular call needed to be split into 60 different trades to become filled. The total cost received by the writing party (or parties) was $307.8K, with a price of $330.0 per contract. There were 331 open contracts at this strike prior to today, and today 3021 contract(s) were bought and sold.
• Regarding ANF ANF, we observe a put option sweep with bearish sentiment. It expires in 10 day(s) on January 13, 2023. Parties traded 912 contract(s) at a $24.00 strike. This particular put needed to be split into 59 different trades to become filled. The total cost received by the writing party (or parties) was $114.0K, with a price of $125.0 per contract. There were 5 open contracts at this strike prior to today, and today 1130 contract(s) were bought and sold.
• For LI LI, we notice a call option trade that happens to be bullish, expiring in 164 day(s) on June 16, 2023. This event was a transfer of 1000 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $278.0K, with a price of $278.0 per contract. There were 410 open contracts at this strike prior to today, and today 1043 contract(s) were bought and sold.
• Regarding LCID LCID, we observe a put option sweep with bearish sentiment. It expires in 227 day(s) on August 18, 2023. Parties traded 787 contract(s) at a $9.00 strike. This particular put needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $295.1K, with a price of $375.0 per contract. There were 75 open contracts at this strike prior to today, and today 787 contract(s) were bought and sold.
• For VSCO VSCO, we notice a put option sweep that happens to be bearish, expiring in 17 day(s) on January 20, 2023. This event was a transfer of 225 contract(s) at a $35.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $50.6K, with a price of $225.0 per contract. There were 1091 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold.
• Regarding SBUX SBUX, we observe a call option sweep with bullish sentiment. It expires in 164 day(s) on June 16, 2023. Parties traded 54 contract(s) at a $105.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $38.0K, with a price of $705.0 per contract. There were 6043 open contracts at this strike prior to today, and today 182 contract(s) were bought and sold.
• Regarding DHI DHI, we observe a put option sweep with bearish sentiment. It expires in 381 day(s) on January 19, 2024. Parties traded 84 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 $44.5K, with a price of $530.0 per contract. There were 697 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be bearish, expiring in 73 day(s) on March 17, 2023. This event was a transfer of 11 contract(s) at a $110.00 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 $28.5K, with a price of $2595.0 per contract. There were 15374 open contracts at this strike prior to today, and today 126 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.
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