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 | 01/13/23 | $119.00 | $27.8K | 4.9K | 15.3K |
AMZN | PUT | SWEEP | BULLISH | 01/20/23 | $89.00 | $30.0K | 7.8K | 3.3K |
GM | CALL | TRADE | BULLISH | 02/17/23 | $39.00 | $30.3K | 1.9K | 2.2K |
F | PUT | TRADE | BULLISH | 01/17/25 | $13.00 | $568.0K | 19.7K | 2.0K |
VFC | PUT | SWEEP | BULLISH | 06/16/23 | $27.50 | $55.6K | 531 | 303 |
PZZA | PUT | SWEEP | BULLISH | 04/21/23 | $70.00 | $59.5K | 404 | 261 |
CPRI | CALL | SWEEP | BULLISH | 02/17/23 | $65.00 | $29.2K | 352 | 181 |
RIVN | PUT | SWEEP | BULLISH | 03/17/23 | $30.00 | $32.8K | 1.6K | 125 |
PDD | CALL | TRADE | BULLISH | 01/19/24 | $115.00 | $178.0K | 1.3K | 109 |
FRG | CALL | TRADE | BEARISH | 09/15/23 | $35.00 | $32.0K | 464 | 101 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 3 day(s) on January 13, 2023. Parties traded 100 contract(s) at a $119.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $278.0 per contract. There were 4979 open contracts at this strike prior to today, and today 15320 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on January 20, 2023. Parties traded 125 contract(s) at a $89.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $240.0 per contract. There were 7836 open contracts at this strike prior to today, and today 3374 contract(s) were bought and sold.
• For GM GM, we notice a call option trade that happens to be bullish, expiring in 38 day(s) on February 17, 2023. This event was a transfer of 298 contract(s) at a $39.00 strike. The total cost received by the writing party (or parties) was $30.3K, with a price of $102.0 per contract. There were 1959 open contracts at this strike prior to today, and today 2241 contract(s) were bought and sold.
• For F F, we notice a put option trade that happens to be bullish, expiring in 738 day(s) on January 17, 2025. This event was a transfer of 2000 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $568.0K, with a price of $284.0 per contract. There were 19757 open contracts at this strike prior to today, and today 2017 contract(s) were bought and sold.
• For VFC VFC, we notice a put option sweep that happens to be bullish, expiring in 157 day(s) on June 16, 2023. This event was a transfer of 214 contract(s) at a $27.50 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $55.6K, with a price of $260.0 per contract. There were 531 open contracts at this strike prior to today, and today 303 contract(s) were bought and sold.
• Regarding PZZA PZZA, we observe a put option sweep with bullish sentiment. It expires in 101 day(s) on April 21, 2023. Parties traded 259 contract(s) at a $70.00 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 $59.5K, with a price of $230.0 per contract. There were 404 open contracts at this strike prior to today, and today 261 contract(s) were bought and sold.
• Regarding CPRI CPRI, we observe a call option sweep with bullish sentiment. It expires in 38 day(s) on February 17, 2023. Parties traded 117 contract(s) at a $65.00 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 $29.2K, with a price of $250.0 per contract. There were 352 open contracts at this strike prior to today, and today 181 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a put option sweep with bullish sentiment. It expires in 66 day(s) on March 17, 2023. Parties traded 24 contract(s) at a $30.00 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 $32.8K, with a price of $1371.0 per contract. There were 1622 open contracts at this strike prior to today, and today 125 contract(s) were bought and sold.
• For PDD PDD, we notice a call option trade that happens to be bullish, expiring in 374 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $178.0K, with a price of $1780.0 per contract. There were 1341 open contracts at this strike prior to today, and today 109 contract(s) were bought and sold.
• For FRG FRG, we notice a call option trade that happens to be bearish, expiring in 248 day(s) on September 15, 2023. This event was a transfer of 100 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $32.0K, with a price of $320.0 per contract. There were 464 open contracts at this strike prior to today, and today 101 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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