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 |
---|---|---|---|---|---|---|---|---|
WFC | CALL | SWEEP | BULLISH | 06/02/23 | $42.00 | $26.8K | 1.9K | 2.5K |
COIN | CALL | SWEEP | BULLISH | 06/02/23 | $56.00 | $293.0K | 327 | 1.6K |
FHI | PUT | TRADE | BEARISH | 06/16/23 | $35.00 | $36.0K | 4.2K | 1.4K |
UPST | PUT | SWEEP | BEARISH | 06/02/23 | $29.00 | $84.6K | 1.0K | 484 |
BX | CALL | SWEEP | BULLISH | 06/02/23 | $87.00 | $32.3K | 7.6K | 421 |
BOH | PUT | SWEEP | NEUTRAL | 06/16/23 | $30.00 | $29.9K | 1.8K | 328 |
JPM | PUT | SWEEP | BEARISH | 07/21/23 | $140.00 | $32.5K | 3.9K | 259 |
MSCI | CALL | TRADE | BULLISH | 09/15/23 | $490.00 | $48.7K | 110 | 157 |
TROW | PUT | SWEEP | NEUTRAL | 06/02/23 | $108.00 | $25.9K | 12 | 115 |
MS | CALL | SWEEP | BULLISH | 01/17/25 | $85.00 | $64.9K | 660 | 53 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding WFC WFC, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on June 2, 2023. Parties traded 925 contract(s) at a $42.00 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 $26.8K, with a price of $29.0 per contract. There were 1953 open contracts at this strike prior to today, and today 2529 contract(s) were bought and sold.
• For COIN COIN, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on June 2, 2023. This event was a transfer of 1000 contract(s) at a $56.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $293.0K, with a price of $293.0 per contract. There were 327 open contracts at this strike prior to today, and today 1628 contract(s) were bought and sold.
• Regarding FHI FHI, we observe a put option trade with bearish sentiment. It expires in 18 day(s) on June 16, 2023. Parties traded 400 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $90.0 per contract. There were 4208 open contracts at this strike prior to today, and today 1400 contract(s) were bought and sold.
• Regarding UPST UPST, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on June 2, 2023. Parties traded 186 contract(s) at a $29.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $84.6K, with a price of $455.0 per contract. There were 1059 open contracts at this strike prior to today, and today 484 contract(s) were bought and sold.
• Regarding BX BX, we observe a call option sweep with bullish sentiment. It expires in 4 day(s) on June 2, 2023. Parties traded 251 contract(s) at a $87.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $129.0 per contract. There were 7671 open contracts at this strike prior to today, and today 421 contract(s) were bought and sold.
• Regarding BOH BOH, we observe a put option sweep with neutral sentiment. It expires in 18 day(s) on June 16, 2023. Parties traded 200 contract(s) at a $30.00 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 $29.9K, with a price of $150.0 per contract. There were 1815 open contracts at this strike prior to today, and today 328 contract(s) were bought and sold.
• For JPM JPM, we notice a put option sweep that happens to be bearish, expiring in 53 day(s) on July 21, 2023. This event was a transfer of 50 contract(s) at a $140.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $32.5K, with a price of $650.0 per contract. There were 3994 open contracts at this strike prior to today, and today 259 contract(s) were bought and sold.
• For MSCI MSCI, we notice a call option trade that happens to be bullish, expiring in 109 day(s) on September 15, 2023. This event was a transfer of 18 contract(s) at a $490.00 strike. The total cost received by the writing party (or parties) was $48.7K, with a price of $2710.0 per contract. There were 110 open contracts at this strike prior to today, and today 157 contract(s) were bought and sold.
• Regarding TROW TROW, we observe a put option sweep with neutral sentiment. It expires in 4 day(s) on June 2, 2023. Parties traded 115 contract(s) at a $108.00 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 $25.9K, with a price of $225.0 per contract. There were 12 open contracts at this strike prior to today, and today 115 contract(s) were bought and sold.
• Regarding MS MS, we observe a call option sweep with bullish sentiment. It expires in 599 day(s) on January 17, 2025. Parties traded 53 contract(s) at a $85.00 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 $64.9K, with a price of $1225.0 per contract. There were 660 open contracts at this strike prior to today, and today 53 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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