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 | BULLISH | 05/12/23 | $170.00 | $32.5K | 26.7K | 88.2K |
HOG | PUT | SWEEP | BEARISH | 05/12/23 | $35.00 | $44.0K | 115 | 5.2K |
CCL | CALL | SWEEP | BEARISH | 07/21/23 | $10.00 | $60.1K | 4.5K | 1.7K |
BOOT | CALL | SWEEP | BEARISH | 05/19/23 | $75.00 | $32.6K | 231 | 1.0K |
RIVN | CALL | SWEEP | BEARISH | 09/15/23 | $15.00 | $261.8K | 6.9K | 997 |
CMG | PUT | TRADE | BULLISH | 05/12/23 | $2000.00 | $27.6K | 186 | 843 |
LVS | PUT | TRADE | BEARISH | 06/16/23 | $62.50 | $28.7K | 2.7K | 613 |
MLCO | CALL | SWEEP | BULLISH | 01/19/24 | $13.00 | $87.4K | 4 | 500 |
ABNB | CALL | TRADE | BULLISH | 05/12/23 | $100.00 | $27.3K | 65 | 473 |
ORLY | PUT | SWEEP | NEUTRAL | 05/19/23 | $950.00 | $52.0K | 13 | 241 |
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 2 day(s) on May 12, 2023. This event was a transfer of 229 contract(s) at a $170.00 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 $32.5K, with a price of $142.0 per contract. There were 26750 open contracts at this strike prior to today, and today 88212 contract(s) were bought and sold.
• For HOG HOG, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on May 12, 2023. This event was a transfer of 440 contract(s) at a $35.00 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 $44.0K, with a price of $100.0 per contract. There were 115 open contracts at this strike prior to today, and today 5265 contract(s) were bought and sold.
• For CCL CCL, we notice a call option sweep that happens to be bearish, expiring in 72 day(s) on July 21, 2023. This event was a transfer of 481 contract(s) at a $10.00 strike. This particular call needed to be split into 25 different trades to become filled. The total cost received by the writing party (or parties) was $60.1K, with a price of $125.0 per contract. There were 4505 open contracts at this strike prior to today, and today 1733 contract(s) were bought and sold.
• For BOOT BOOT, we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on May 19, 2023. This event was a transfer of 242 contract(s) at a $75.00 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 $32.6K, with a price of $135.0 per contract. There were 231 open contracts at this strike prior to today, and today 1041 contract(s) were bought and sold.
• For RIVN RIVN, we notice a call option sweep that happens to be bearish, expiring in 128 day(s) on September 15, 2023. This event was a transfer of 1100 contract(s) at a $15.00 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 $261.8K, with a price of $238.0 per contract. There were 6926 open contracts at this strike prior to today, and today 997 contract(s) were bought and sold.
• Regarding CMG CMG, we observe a put option trade with bullish sentiment. It expires in 2 day(s) on May 12, 2023. Parties traded 124 contract(s) at a $2000.00 strike. The total cost received by the writing party (or parties) was $27.6K, with a price of $223.0 per contract. There were 186 open contracts at this strike prior to today, and today 843 contract(s) were bought and sold.
• For LVS LVS, we notice a put option trade that happens to be bearish, expiring in 37 day(s) on June 16, 2023. This event was a transfer of 100 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $28.7K, with a price of $287.0 per contract. There were 2746 open contracts at this strike prior to today, and today 613 contract(s) were bought and sold.
• Regarding MLCO MLCO, we observe a call option sweep with bullish sentiment. It expires in 254 day(s) on January 19, 2024. Parties traded 500 contract(s) at a $13.00 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 $87.4K, with a price of $175.0 per contract. There were 4 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on May 12, 2023. Parties traded 20 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $1365.0 per contract. There were 65 open contracts at this strike prior to today, and today 473 contract(s) were bought and sold.
• Regarding ORLY ORLY, we observe a put option sweep with neutral sentiment. It expires in 9 day(s) on May 19, 2023. Parties traded 40 contract(s) at a $950.00 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 $52.0K, with a price of $1300.0 per contract. There were 13 open contracts at this strike prior to today, and today 241 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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