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 | PUT | SWEEP | BEARISH | 03/17/23 | $180.00 | $25.6K | 34.2K | 76.8K |
AMZN | CALL | SWEEP | BULLISH | 04/21/23 | $95.00 | $96.3K | 33.5K | 4.3K |
F | PUT | TRADE | BEARISH | 01/17/25 | $14.35 | $832.0K | 19.9K | 3.5K |
JD | PUT | SWEEP | BULLISH | 09/15/23 | $40.00 | $27.9K | 2.9K | 3.4K |
BABA | CALL | TRADE | BULLISH | 03/24/23 | $85.00 | $25.0K | 2.4K | 2.0K |
GM | CALL | TRADE | BEARISH | 05/19/23 | $35.00 | $28.5K | 1.0K | 665 |
EXPE | CALL | SWEEP | BEARISH | 04/21/23 | $100.00 | $51.2K | 1.7K | 421 |
RCL | PUT | SWEEP | BEARISH | 04/21/23 | $60.00 | $60.4K | 1.0K | 268 |
ETSY | CALL | SWEEP | BULLISH | 03/24/23 | $105.00 | $28.4K | 191 | 146 |
CVNA | PUT | SWEEP | BULLISH | 03/24/23 | $9.50 | $29.0K | 252 | 110 |
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, expiring in 2 day(s) on March 17, 2023. This event was a transfer of 54 contract(s) at a $180.00 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 $25.6K, with a price of $474.0 per contract. There were 34234 open contracts at this strike prior to today, and today 76826 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bullish sentiment. It expires in 37 day(s) on April 21, 2023. Parties traded 180 contract(s) at a $95.00 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 $96.3K, with a price of $535.0 per contract. There were 33567 open contracts at this strike prior to today, and today 4356 contract(s) were bought and sold.
• Regarding F F, we observe a put option trade with bearish sentiment. It expires in 674 day(s) on January 17, 2025. Parties traded 2000 contract(s) at a $14.35 strike. The total cost received by the writing party (or parties) was $832.0K, with a price of $416.0 per contract. There were 19915 open contracts at this strike prior to today, and today 3501 contract(s) were bought and sold.
• Regarding JD JD, we observe a put option sweep with bullish sentiment. It expires in 184 day(s) on September 15, 2023. Parties traded 49 contract(s) at a $40.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $570.0 per contract. There were 2970 open contracts at this strike prior to today, and today 3430 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on March 24, 2023. Parties traded 200 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 2473 open contracts at this strike prior to today, and today 2001 contract(s) were bought and sold.
• For GM GM, we notice a call option trade that happens to be bearish, expiring in 65 day(s) on May 19, 2023. This event was a transfer of 127 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $28.5K, with a price of $225.0 per contract. There were 1071 open contracts at this strike prior to today, and today 665 contract(s) were bought and sold.
• For EXPE EXPE, we notice a call option sweep that happens to be bearish, expiring in 37 day(s) on April 21, 2023. This event was a transfer of 250 contract(s) at a $100.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $51.2K, with a price of $205.0 per contract. There were 1732 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a put option sweep with bearish sentiment. It expires in 37 day(s) on April 21, 2023. Parties traded 157 contract(s) at a $60.00 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 $60.4K, with a price of $385.0 per contract. There were 1071 open contracts at this strike prior to today, and today 268 contract(s) were bought and sold.
• For ETSY ETSY, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on March 24, 2023. This event was a transfer of 71 contract(s) at a $105.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $400.0 per contract. There were 191 open contracts at this strike prior to today, and today 146 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on March 24, 2023. Parties traded 100 contract(s) at a $9.50 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 $29.0K, with a price of $290.0 per contract. There were 252 open contracts at this strike prior to today, and today 110 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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