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 | BEARISH | 04/06/23 | $185.00 | $52.7K | 17.6K | 253.0K |
ABNB | PUT | TRADE | BULLISH | 04/21/23 | $100.00 | $82.0K | 3.0K | 1.6K |
EXPE | PUT | SWEEP | BULLISH | 10/20/23 | $60.00 | $33.3K | 694 | 1.2K |
GOEV | CALL | SWEEP | BULLISH | 01/17/25 | $0.50 | $31.3K | 8.3K | 970 |
HD | CALL | SWEEP | BEARISH | 01/19/24 | $300.00 | $36.7K | 1.6K | 328 |
CZR | PUT | TRADE | BULLISH | 06/16/23 | $43.00 | $45.5K | 716 | 325 |
LVS | PUT | TRADE | BULLISH | 01/19/24 | $52.50 | $32.6K | 855 | 190 |
DECK | PUT | SWEEP | BEARISH | 06/16/23 | $450.00 | $101.0K | 49 | 53 |
ULTA | CALL | TRADE | BEARISH | 01/17/25 | $560.00 | $69.3K | 14 | 37 |
WYNN | CALL | TRADE | NEUTRAL | 04/06/23 | $99.00 | $28.0K | 35 | 0 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 526 contract(s) at a $185.00 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $52.7K, with a price of $100.0 per contract. There were 17681 open contracts at this strike prior to today, and today 253095 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option trade that happens to be bullish, expiring in 15 day(s) on April 21, 2023. This event was a transfer of 1000 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $82.0K, with a price of $82.0 per contract. There were 3088 open contracts at this strike prior to today, and today 1677 contract(s) were bought and sold.
• Regarding EXPE EXPE, we observe a put option sweep with bullish sentiment. It expires in 197 day(s) on October 20, 2023. Parties traded 185 contract(s) at a $60.00 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 $33.3K, with a price of $180.0 per contract. There were 694 open contracts at this strike prior to today, and today 1259 contract(s) were bought and sold.
• Regarding GOEV GOEV, we observe a call option sweep with bullish sentiment. It expires in 652 day(s) on January 17, 2025. Parties traded 900 contract(s) at a $0.50 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 $31.3K, with a price of $34.0 per contract. There were 8338 open contracts at this strike prior to today, and today 970 contract(s) were bought and sold.
• Regarding HD HD, we observe a call option sweep with bearish sentiment. It expires in 288 day(s) on January 19, 2024. Parties traded 16 contract(s) at a $300.00 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 $36.7K, with a price of $2298.0 per contract. There were 1655 open contracts at this strike prior to today, and today 328 contract(s) were bought and sold.
• For CZR CZR, we notice a put option trade that happens to be bullish, expiring in 71 day(s) on June 16, 2023. This event was a transfer of 153 contract(s) at a $43.00 strike. The total cost received by the writing party (or parties) was $45.5K, with a price of $298.0 per contract. There were 716 open contracts at this strike prior to today, and today 325 contract(s) were bought and sold.
• Regarding LVS LVS, we observe a put option trade with bullish sentiment. It expires in 288 day(s) on January 19, 2024. Parties traded 64 contract(s) at a $52.50 strike. The total cost received by the writing party (or parties) was $32.6K, with a price of $510.0 per contract. There were 855 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold.
• Regarding DECK DECK, we observe a put option sweep with bearish sentiment. It expires in 71 day(s) on June 16, 2023. Parties traded 35 contract(s) at a $450.00 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 $101.0K, with a price of $2900.0 per contract. There were 49 open contracts at this strike prior to today, and today 53 contract(s) were bought and sold.
• For ULTA ULTA, we notice a call option trade that happens to be bearish, expiring in 652 day(s) on January 17, 2025. This event was a transfer of 8 contract(s) at a $560.00 strike. The total cost received by the writing party (or parties) was $69.3K, with a price of $8670.0 per contract. There were 14 open contracts at this strike prior to today, and today 37 contract(s) were bought and sold.
• For WYNN WYNN, we notice a call option trade that happens to be neutral, is expiring today. Parties traded 30 contract(s) at a $99.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $936.0 per contract. There were 35 open contracts at this strike prior to today, and today 0 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.