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.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BULLISH | 01/20/23 | $130.00 | $47.2K | 19.2K | 19.1K |
AMZN | CALL | SWEEP | BEARISH | 01/20/23 | $90.00 | $34.5K | 73.5K | 18.0K |
BABA | CALL | SWEEP | BULLISH | 01/13/23 | $120.00 | $28.5K | 8.8K | 16.7K |
NCLH | PUT | TRADE | BEARISH | 01/17/25 | $7.50 | $42.7K | 14.2K | 1.7K |
BOOT | CALL | SWEEP | BULLISH | 01/20/23 | $70.00 | $49.7K | 1.6K | 377 |
TPR | CALL | SWEEP | BULLISH | 01/20/23 | $37.50 | $77.8K | 2.7K | 250 |
MELI | CALL | TRADE | BULLISH | 01/20/23 | $925.00 | $147.8K | 7 | 166 |
BKNG | PUT | TRADE | NEUTRAL | 02/17/23 | $2200.00 | $34.7K | 21 | 125 |
MCD | CALL | TRADE | BULLISH | 06/16/23 | $250.00 | $28.1K | 1.4K | 112 |
RH | PUT | SWEEP | BULLISH | 01/19/24 | $250.00 | $68.0K | 226 | 50 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on January 20, 2023. Parties traded 150 contract(s) at a $130.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $47.2K, with a price of $315.0 per contract. There were 19282 open contracts at this strike prior to today, and today 19118 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on January 20, 2023. Parties traded 154 contract(s) at a $90.00 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $34.5K, with a price of $224.0 per contract. There were 73581 open contracts at this strike prior to today, and today 18045 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on January 13, 2023. Parties traded 500 contract(s) at a $120.00 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 $28.5K, with a price of $57.0 per contract. There were 8804 open contracts at this strike prior to today, and today 16701 contract(s) were bought and sold.
• For NCLH NCLH, we notice a put option trade that happens to be bearish, expiring in 739 day(s) on January 17, 2025. This event was a transfer of 293 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $42.7K, with a price of $146.0 per contract. There were 14218 open contracts at this strike prior to today, and today 1732 contract(s) were bought and sold.
• For BOOT BOOT, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on January 20, 2023. This event was a transfer of 311 contract(s) at a $70.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $49.7K, with a price of $160.0 per contract. There were 1614 open contracts at this strike prior to today, and today 377 contract(s) were bought and sold.
• For TPR TPR, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on January 20, 2023. This event was a transfer of 181 contract(s) at a $37.50 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 $77.8K, with a price of $428.0 per contract. There were 2772 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• Regarding MELI MELI, we observe a call option trade with bullish sentiment. It expires in 11 day(s) on January 20, 2023. Parties traded 48 contract(s) at a $925.00 strike. The total cost received by the writing party (or parties) was $147.8K, with a price of $3081.0 per contract. There were 7 open contracts at this strike prior to today, and today 166 contract(s) were bought and sold.
• For BKNG BKNG, we notice a put option trade that happens to be neutral, expiring in 39 day(s) on February 17, 2023. This event was a transfer of 4 contract(s) at a $2200.00 strike. The total cost received by the writing party (or parties) was $34.7K, with a price of $8698.0 per contract. There were 21 open contracts at this strike prior to today, and today 125 contract(s) were bought and sold.
• For MCD MCD, we notice a call option trade that happens to be bullish, expiring in 158 day(s) on June 16, 2023. This event was a transfer of 10 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $28.1K, with a price of $2815.0 per contract. There were 1420 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold.
• Regarding RH RH, we observe a put option sweep with bullish sentiment. It expires in 375 day(s) on January 19, 2024. Parties traded 20 contract(s) at a $250.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $68.0K, with a price of $3400.0 per contract. There were 226 open contracts at this strike prior to today, and today 50 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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