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.
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 | 01/13/23 | $120.00 | $125.9K | 25.1K | 180.5K |
AMZN | CALL | SWEEP | NEUTRAL | 01/13/23 | $95.00 | $66.7K | 16.4K | 26.3K |
BABA | CALL | SWEEP | BULLISH | 01/13/23 | $115.00 | $30.3K | 4.8K | 11.7K |
CHWY | PUT | SWEEP | BULLISH | 01/20/23 | $42.50 | $70.0K | 7.7K | 1.2K |
NCLH | CALL | SWEEP | BEARISH | 01/19/24 | $17.50 | $50.7K | 14.7K | 1.0K |
MBLY | PUT | SWEEP | BEARISH | 05/19/23 | $40.00 | $41.6K | 2.3K | 646 |
NIO | CALL | SWEEP | BEARISH | 03/17/23 | $10.00 | $36.5K | 5.1K | 359 |
BBBY | PUT | TRADE | BEARISH | 03/17/23 | $20.00 | $34.1K | 17 | 359 |
PDD | CALL | SWEEP | BEARISH | 06/16/23 | $130.00 | $142.0K | 2.0K | 232 |
KSS | CALL | SWEEP | NEUTRAL | 01/13/23 | $27.00 | $31.6K | 1.9K | 224 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 1305 contract(s) at a $120.00 strike. This particular call needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $125.9K, with a price of $96.0 per contract. There were 25117 open contracts at this strike prior to today, and today 180591 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option sweep that happens to be neutral, is expiring today. Parties traded 360 contract(s) at a $95.00 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 $66.7K, with a price of $185.0 per contract. There were 16468 open contracts at this strike prior to today, and today 26329 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 281 contract(s) at a $115.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $108.0 per contract. There were 4813 open contracts at this strike prior to today, and today 11719 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on January 20, 2023. Parties traded 1000 contract(s) at a $42.50 strike. This particular put needed to be split into 41 different trades to become filled. The total cost received by the writing party (or parties) was $70.0K, with a price of $70.0 per contract. There were 7760 open contracts at this strike prior to today, and today 1247 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option sweep that happens to be bearish, expiring in 371 day(s) on January 19, 2024. This event was a transfer of 169 contract(s) at a $17.50 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $50.7K, with a price of $300.0 per contract. There were 14781 open contracts at this strike prior to today, and today 1063 contract(s) were bought and sold.
• For MBLY MBLY, we notice a put option sweep that happens to be bearish, expiring in 126 day(s) on May 19, 2023. This event was a transfer of 42 contract(s) at a $40.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $41.6K, with a price of $990.0 per contract. There were 2326 open contracts at this strike prior to today, and today 646 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bearish sentiment. It expires in 63 day(s) on March 17, 2023. Parties traded 150 contract(s) at a $10.00 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $244.0 per contract. There were 5151 open contracts at this strike prior to today, and today 359 contract(s) were bought and sold.
• For BBBY BBBY, we notice a put option trade that happens to be bearish, expiring in 63 day(s) on March 17, 2023. This event was a transfer of 20 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $34.1K, with a price of $1705.0 per contract. There were 17 open contracts at this strike prior to today, and today 359 contract(s) were bought and sold.
• For PDD PDD, we notice a call option sweep that happens to be bearish, expiring in 154 day(s) on June 16, 2023. This event was a transfer of 231 contract(s) at a $130.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $142.0K, with a price of $616.0 per contract. There were 2026 open contracts at this strike prior to today, and today 232 contract(s) were bought and sold.
• For KSS KSS, we notice a call option sweep that happens to be neutral, is expiring today. Parties traded 165 contract(s) at a $27.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $31.6K, with a price of $192.0 per contract. There were 1959 open contracts at this strike prior to today, and today 224 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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