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 | CALL | SWEEP | BULLISH | 05/12/23 | $172.50 | $448.9K | 12.7K | 78.7K |
DASH | PUT | SWEEP | BULLISH | 08/18/23 | $55.00 | $137.5K | 2.9K | 2.2K |
ABNB | CALL | SWEEP | BULLISH | 05/12/23 | $130.00 | $81.0K | 1.5K | 1.9K |
UAA | CALL | SWEEP | BEARISH | 10/20/23 | $10.00 | $47.3K | 246 | 1.1K |
PHM | CALL | TRADE | BEARISH | 07/21/23 | $65.00 | $26.0K | 16.1K | 1.0K |
PLNT | CALL | SWEEP | NEUTRAL | 05/19/23 | $75.00 | $50.1K | 35 | 1.0K |
BYD | CALL | SWEEP | BULLISH | 05/19/23 | $70.00 | $52.4K | 1.5K | 443 |
FND | PUT | SWEEP | BULLISH | 07/21/23 | $80.00 | $25.6K | 149 | 437 |
CZR | CALL | TRADE | BEARISH | 06/16/23 | $45.00 | $31.0K | 1.7K | 401 |
HELE | CALL | SWEEP | BULLISH | 08/18/23 | $115.00 | $143.2K | 20 | 341 |
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 bullish, expiring in 4 day(s) on May 12, 2023. This event was a transfer of 1282 contract(s) at a $172.50 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 $448.9K, with a price of $351.0 per contract. There were 12749 open contracts at this strike prior to today, and today 78715 contract(s) were bought and sold.
• For DASH DASH, we notice a put option sweep that happens to be bullish, expiring in 102 day(s) on August 18, 2023. This event was a transfer of 500 contract(s) at a $55.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $137.5K, with a price of $275.0 per contract. There were 2970 open contracts at this strike prior to today, and today 2286 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on May 12, 2023. Parties traded 200 contract(s) at a $130.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $81.0K, with a price of $405.0 per contract. There were 1536 open contracts at this strike prior to today, and today 1991 contract(s) were bought and sold.
• For UAA UAA, we notice a call option sweep that happens to be bearish, expiring in 165 day(s) on October 20, 2023. This event was a transfer of 678 contract(s) at a $10.00 strike. This particular call needed to be split into 140 different trades to become filled. The total cost received by the writing party (or parties) was $47.3K, with a price of $70.0 per contract. There were 246 open contracts at this strike prior to today, and today 1102 contract(s) were bought and sold.
• Regarding PHM PHM, we observe a call option trade with bearish sentiment. It expires in 74 day(s) on July 21, 2023. Parties traded 51 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $510.0 per contract. There were 16178 open contracts at this strike prior to today, and today 1053 contract(s) were bought and sold.
• Regarding PLNT PLNT, we observe a call option sweep with neutral sentiment. It expires in 11 day(s) on May 19, 2023. Parties traded 1000 contract(s) at a $75.00 strike. This particular call needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $50.1K, with a price of $50.0 per contract. There were 35 open contracts at this strike prior to today, and today 1010 contract(s) were bought and sold.
• For BYD BYD, we notice a call option sweep that happens to be bullish, expiring in 11 day(s) on May 19, 2023. This event was a transfer of 437 contract(s) at a $70.00 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $52.4K, with a price of $120.0 per contract. There were 1537 open contracts at this strike prior to today, and today 443 contract(s) were bought and sold.
• Regarding FND FND, we observe a put option sweep with bullish sentiment. It expires in 74 day(s) on July 21, 2023. Parties traded 122 contract(s) at a $80.00 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 $25.6K, with a price of $210.0 per contract. There were 149 open contracts at this strike prior to today, and today 437 contract(s) were bought and sold.
• For CZR CZR, we notice a call option trade that happens to be bearish, expiring in 39 day(s) on June 16, 2023. This event was a transfer of 100 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 1764 open contracts at this strike prior to today, and today 401 contract(s) were bought and sold.
• Regarding HELE HELE, we observe a call option sweep with bullish sentiment. It expires in 102 day(s) on August 18, 2023. Parties traded 341 contract(s) at a $115.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $143.2K, with a price of $420.0 per contract. There were 20 open contracts at this strike prior to today, and today 341 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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