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 |
---|---|---|---|---|---|---|---|---|
UAL | CALL | SWEEP | BEARISH | 06/02/23 | $48.00 | $82.9K | 12.7K | 11.3K |
AAL | CALL | SWEEP | BULLISH | 08/18/23 | $15.00 | $66.0K | 11.3K | 1.1K |
DE | CALL | SWEEP | BULLISH | 06/09/23 | $385.00 | $26.9K | 57 | 875 |
DSKE | PUT | SWEEP | BEARISH | 08/18/23 | $7.50 | $52.6K | 1.2K | 735 |
SPWR | PUT | SWEEP | BULLISH | 09/15/23 | $10.00 | $28.4K | 726 | 378 |
UNP | CALL | SWEEP | BULLISH | 06/16/23 | $205.00 | $33.4K | 3.7K | 261 |
PLUG | PUT | TRADE | BEARISH | 07/21/23 | $10.00 | $42.0K | 1.6K | 254 |
UPS | CALL | SWEEP | BEARISH | 01/19/24 | $180.00 | $140.3K | 1.1K | 140 |
BA | CALL | TRADE | BULLISH | 06/02/23 | $200.00 | $52.2K | 827 | 133 |
CHRW | CALL | SWEEP | BULLISH | 06/16/23 | $97.50 | $35.2K | 289 | 75 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For UAL UAL, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 910 contract(s) at a $48.00 strike. This particular call needed to be split into 38 different trades to become filled. The total cost received by the writing party (or parties) was $82.9K, with a price of $91.0 per contract. There were 12726 open contracts at this strike prior to today, and today 11354 contract(s) were bought and sold.
• Regarding AAL AAL, we observe a call option sweep with bullish sentiment. It expires in 77 day(s) on August 18, 2023. Parties traded 550 contract(s) at a $15.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $66.0K, with a price of $120.0 per contract. There were 11388 open contracts at this strike prior to today, and today 1152 contract(s) were bought and sold.
• Regarding DE DE, we observe a call option sweep with bullish sentiment. It expires in 7 day(s) on June 9, 2023. Parties traded 201 contract(s) at a $385.00 strike. This particular call needed to be split into 56 different trades to become filled. The total cost received by the writing party (or parties) was $26.9K, with a price of $135.0 per contract. There were 57 open contracts at this strike prior to today, and today 875 contract(s) were bought and sold.
• For DSKE DSKE, we notice a put option sweep that happens to be bearish, expiring in 77 day(s) on August 18, 2023. This event was a transfer of 501 contract(s) at a $7.50 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $52.6K, with a price of $105.0 per contract. There were 1252 open contracts at this strike prior to today, and today 735 contract(s) were bought and sold.
• For SPWR SPWR, we notice a put option sweep that happens to be bullish, expiring in 105 day(s) on September 15, 2023. This event was a transfer of 282 contract(s) at a $10.00 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 $28.4K, with a price of $101.0 per contract. There were 726 open contracts at this strike prior to today, and today 378 contract(s) were bought and sold.
• For UNP UNP, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on June 16, 2023. This event was a transfer of 191 contract(s) at a $205.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $175.0 per contract. There were 3740 open contracts at this strike prior to today, and today 261 contract(s) were bought and sold.
• For PLUG PLUG, we notice a put option trade that happens to be bearish, expiring in 49 day(s) on July 21, 2023. This event was a transfer of 250 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $168.0 per contract. There were 1621 open contracts at this strike prior to today, and today 254 contract(s) were bought and sold.
• For UPS UPS, we notice a call option sweep that happens to be bearish, expiring in 231 day(s) on January 19, 2024. This event was a transfer of 139 contract(s) at a $180.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $140.3K, with a price of $1010.0 per contract. There were 1194 open contracts at this strike prior to today, and today 140 contract(s) were bought and sold.
• For BA BA, we notice a call option trade that happens to be bullish, is expiring today. Parties traded 36 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $52.2K, with a price of $1450.0 per contract. There were 827 open contracts at this strike prior to today, and today 133 contract(s) were bought and sold.
• For CHRW CHRW, we notice a call option sweep that happens to be bullish, expiring in 14 day(s) on June 16, 2023. This event was a transfer of 168 contract(s) at a $97.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $35.2K, with a price of $210.0 per contract. There were 289 open contracts at this strike prior to today, and today 75 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.