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 often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming 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 | BULLISH | 04/21/23 | $180.00 | $66.6K | 29.4K | 32.3K |
LVS | CALL | TRADE | BULLISH | 04/21/23 | $63.00 | $226.3K | 29.3K | 11.9K |
NKE | CALL | TRADE | BEARISH | 04/21/23 | $120.00 | $357.0K | 7.4K | 624 |
W | PUT | SWEEP | BULLISH | 05/19/23 | $25.00 | $27.5K | 54.4K | 516 |
ULTA | PUT | TRADE | BULLISH | 06/16/23 | $485.00 | $295.0K | 223 | 500 |
RCL | CALL | SWEEP | BEARISH | 04/21/23 | $57.50 | $142.1K | 308 | 203 |
WSM | PUT | SWEEP | BULLISH | 01/19/24 | $90.00 | $79.2K | 741 | 167 |
BURL | CALL | TRADE | NEUTRAL | 04/21/23 | $185.00 | $49.5K | 30 | 150 |
DRI | PUT | TRADE | BULLISH | 01/17/25 | $150.00 | $26.7K | 379 | 100 |
PTON | CALL | TRADE | BEARISH | 05/19/23 | $14.00 | $37.5K | 5.3K | 23 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bullish sentiment. It expires in 2 day(s) on April 21, 2023. Parties traded 120 contract(s) at a $180.00 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 $66.6K, with a price of $555.0 per contract. There were 29405 open contracts at this strike prior to today, and today 32325 contract(s) were bought and sold.
• Regarding LVS LVS, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on April 21, 2023. Parties traded 7545 contract(s) at a $63.00 strike. The total cost received by the writing party (or parties) was $226.3K, with a price of $30.0 per contract. There were 29354 open contracts at this strike prior to today, and today 11916 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a call option trade with bearish sentiment. It expires in 2 day(s) on April 21, 2023. Parties traded 600 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $357.0K, with a price of $595.0 per contract. There were 7458 open contracts at this strike prior to today, and today 624 contract(s) were bought and sold.
• For W W, we notice a put option sweep that happens to be bullish, expiring in 30 day(s) on May 19, 2023. This event was a transfer of 500 contract(s) at a $25.00 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $55.0 per contract. There were 54426 open contracts at this strike prior to today, and today 516 contract(s) were bought and sold.
• Regarding ULTA ULTA, we observe a put option trade with bullish sentiment. It expires in 58 day(s) on June 16, 2023. Parties traded 500 contract(s) at a $485.00 strike. The total cost received by the writing party (or parties) was $295.0K, with a price of $590.0 per contract. There were 223 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on April 21, 2023. Parties traded 203 contract(s) at a $57.50 strike. This particular call needed to be split into 42 different trades to become filled. The total cost received by the writing party (or parties) was $142.1K, with a price of $700.0 per contract. There were 308 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold.
• Regarding WSM WSM, we observe a put option sweep with bullish sentiment. It expires in 275 day(s) on January 19, 2024. Parties traded 165 contract(s) at a $90.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $79.2K, with a price of $480.0 per contract. There were 741 open contracts at this strike prior to today, and today 167 contract(s) were bought and sold.
• Regarding BURL BURL, we observe a call option trade with neutral sentiment. It expires in 2 day(s) on April 21, 2023. Parties traded 150 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $49.5K, with a price of $330.0 per contract. There were 30 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.
• Regarding DRI DRI, we observe a put option trade with bullish sentiment. It expires in 639 day(s) on January 17, 2025. Parties traded 16 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $1670.0 per contract. There were 379 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.
• Regarding PTON PTON, we observe a call option trade with bearish sentiment. It expires in 30 day(s) on May 19, 2023. Parties traded 2500 contract(s) at a $14.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $15.0 per contract. There were 5337 open contracts at this strike prior to today, and today 23 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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