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 | PUT | SWEEP | BEARISH | 01/20/23 | $131.00 | $27.7K | 2.5K | 60.4K |
LCID | PUT | SWEEP | BEARISH | 01/20/23 | $35.00 | $584.2K | 19.9K | 10.4K |
BABA | PUT | SWEEP | BULLISH | 01/27/23 | $117.00 | $35.2K | 278 | 1.6K |
DASH | PUT | TRADE | BEARISH | 02/17/23 | $55.00 | $498.0K | 3.5K | 1.2K |
EVGO | PUT | SWEEP | BEARISH | 01/20/23 | $6.00 | $27.4K | 962 | 590 |
AMZN | PUT | TRADE | BULLISH | 07/21/23 | $90.00 | $37.6K | 5.2K | 274 |
WYNN | CALL | TRADE | BULLISH | 01/20/23 | $85.00 | $44.7K | 4.2K | 114 |
GPC | PUT | SWEEP | BEARISH | 05/19/23 | $165.00 | $37.3K | 26 | 37 |
RCL | CALL | TRADE | BULLISH | 01/20/23 | $40.00 | $25.2K | 1.8K | 32 |
BKNG | PUT | TRADE | BULLISH | 03/17/23 | $2375.00 | $321.2K | 0 | 25 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 391 contract(s) at a $131.00 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 $27.7K, with a price of $71.0 per contract. There were 2503 open contracts at this strike prior to today, and today 60464 contract(s) were bought and sold.
• For LCID LCID, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 214 contract(s) at a $35.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $584.2K, with a price of $2730.0 per contract. There were 19932 open contracts at this strike prior to today, and today 10431 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on January 27, 2023. Parties traded 250 contract(s) at a $117.00 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 $35.2K, with a price of $141.0 per contract. There were 278 open contracts at this strike prior to today, and today 1648 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on February 17, 2023. Parties traded 1200 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $498.0K, with a price of $415.0 per contract. There were 3559 open contracts at this strike prior to today, and today 1261 contract(s) were bought and sold.
• For EVGO EVGO, we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 343 contract(s) at a $6.00 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 $27.4K, with a price of $80.0 per contract. There were 962 open contracts at this strike prior to today, and today 590 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option trade that happens to be bullish, expiring in 182 day(s) on July 21, 2023. This event was a transfer of 53 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $37.6K, with a price of $710.0 per contract. There were 5212 open contracts at this strike prior to today, and today 274 contract(s) were bought and sold.
• For WYNN WYNN, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 31 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $44.7K, with a price of $1445.0 per contract. There were 4278 open contracts at this strike prior to today, and today 114 contract(s) were bought and sold.
• Regarding GPC GPC, we observe a put option sweep with bearish sentiment. It expires in 119 day(s) on May 19, 2023. Parties traded 37 contract(s) at a $165.00 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 $37.3K, with a price of $1010.0 per contract. There were 26 open contracts at this strike prior to today, and today 37 contract(s) were bought and sold.
• For RCL RCL, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 11 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $2295.0 per contract. There were 1821 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold.
• Regarding BKNG BKNG, we observe a put option trade with bullish sentiment. It expires in 56 day(s) on March 17, 2023. Parties traded 25 contract(s) at a $2375.00 strike. The total cost received by the writing party (or parties) was $321.2K, with a price of $12850.0 per contract. There were 0 open contracts at this strike prior to today, and today 25 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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