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 | 04/21/23 | $165.00 | $27.1K | 22.0K | 247.2K |
PLCE | CALL | SWEEP | BULLISH | 04/21/23 | $35.00 | $64.8K | 1.5K | 12.0K |
SONO | CALL | SWEEP | BULLISH | 06/16/23 | $22.50 | $52.9K | 1 | 1.2K |
WING | CALL | SWEEP | BEARISH | 04/21/23 | $180.00 | $100.0K | 850 | 619 |
LCID | CALL | TRADE | BEARISH | 06/02/23 | $7.50 | $27.5K | 50 | 508 |
HD | PUT | TRADE | BEARISH | 05/19/23 | $300.00 | $41.7K | 5.5K | 317 |
NCLH | CALL | SWEEP | BEARISH | 05/19/23 | $14.00 | $30.3K | 5.8K | 122 |
CPS | PUT | SWEEP | NEUTRAL | 07/21/23 | $17.50 | $32.8K | 24 | 111 |
ABNB | CALL | SWEEP | BEARISH | 07/21/23 | $120.00 | $48.6K | 1.1K | 92 |
AAP | PUT | SWEEP | BULLISH | 06/16/23 | $135.00 | $69.1K | 150 | 72 |
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 300 contract(s) at a $165.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $91.0 per contract. There were 22008 open contracts at this strike prior to today, and today 247283 contract(s) were bought and sold.
• For PLCE PLCE, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 329 contract(s) at a $35.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $64.8K, with a price of $295.0 per contract. There were 1561 open contracts at this strike prior to today, and today 12052 contract(s) were bought and sold.
• For SONO SONO, we notice a call option sweep that happens to be bullish, expiring in 56 day(s) on June 16, 2023. This event was a transfer of 815 contract(s) at a $22.50 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 $52.9K, with a price of $65.0 per contract. There were 1 open contracts at this strike prior to today, and today 1250 contract(s) were bought and sold.
• For WING WING, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 100 contract(s) at a $180.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $100.0K, with a price of $1000.0 per contract. There were 850 open contracts at this strike prior to today, and today 619 contract(s) were bought and sold.
• For LCID LCID, we notice a call option trade that happens to be bearish, expiring in 42 day(s) on June 2, 2023. This event was a transfer of 500 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $55.0 per contract. There were 50 open contracts at this strike prior to today, and today 508 contract(s) were bought and sold.
• Regarding HD HD, we observe a put option trade with bearish sentiment. It expires in 28 day(s) on May 19, 2023. Parties traded 50 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $41.7K, with a price of $835.0 per contract. There were 5548 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a call option sweep with bearish sentiment. It expires in 28 day(s) on May 19, 2023. Parties traded 920 contract(s) at a $14.00 strike. This particular call needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $33.0 per contract. There were 5887 open contracts at this strike prior to today, and today 122 contract(s) were bought and sold.
• Regarding CPS CPS, we observe a put option sweep with neutral sentiment. It expires in 91 day(s) on July 21, 2023. Parties traded 51 contract(s) at a $17.50 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 $32.8K, with a price of $642.0 per contract. There were 24 open contracts at this strike prior to today, and today 111 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option sweep with bearish sentiment. It expires in 91 day(s) on July 21, 2023. Parties traded 59 contract(s) at a $120.00 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 $48.6K, with a price of $825.0 per contract. There were 1157 open contracts at this strike prior to today, and today 92 contract(s) were bought and sold.
• Regarding AAP AAP, we observe a put option sweep with bullish sentiment. It expires in 56 day(s) on June 16, 2023. Parties traded 72 contract(s) at a $135.00 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 $69.1K, with a price of $960.0 per contract. There were 150 open contracts at this strike prior to today, and today 72 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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