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 | NEUTRAL | 06/16/23 | $250.00 | $115.8K | 30.3K | 85.9K |
RIVN | CALL | SWEEP | BULLISH | 07/21/23 | $17.50 | $31.1K | 112.2K | 64.5K |
LVS | PUT | TRADE | BULLISH | 09/15/23 | $50.00 | $242.0K | 2.9K | 2.0K |
NKE | CALL | SWEEP | BULLISH | 01/19/24 | $130.00 | $33.7K | 6.7K | 873 |
CVNA | CALL | TRADE | BEARISH | 06/16/23 | $16.50 | $178.4K | 3.2K | 547 |
XPEV | CALL | TRADE | BEARISH | 07/07/23 | $9.00 | $52.5K | 118 | 494 |
ABNB | CALL | TRADE | BULLISH | 06/16/23 | $115.00 | $27.0K | 7.5K | 492 |
DHI | PUT | TRADE | NEUTRAL | 08/18/23 | $125.00 | $25.1K | 42 | 486 |
LI | CALL | TRADE | BEARISH | 01/17/25 | $40.00 | $29.2K | 3.0K | 259 |
SEAS | CALL | SWEEP | BEARISH | 06/16/23 | $55.00 | $100.0K | 301 | 250 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with neutral sentiment. It expires in 4 day(s) on June 16, 2023. Parties traded 200 contract(s) at a $250.00 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 $115.8K, with a price of $580.0 per contract. There were 30319 open contracts at this strike prior to today, and today 85988 contract(s) were bought and sold.
• For RIVN RIVN, we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on July 21, 2023. This event was a transfer of 662 contract(s) at a $17.50 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 $31.1K, with a price of $47.0 per contract. There were 112272 open contracts at this strike prior to today, and today 64516 contract(s) were bought and sold.
• For LVS LVS, we notice a put option trade that happens to be bullish, expiring in 95 day(s) on September 15, 2023. This event was a transfer of 2000 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $242.0K, with a price of $121.0 per contract. There were 2938 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a call option sweep with bullish sentiment. It expires in 221 day(s) on January 19, 2024. Parties traded 124 contract(s) at a $130.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $272.0 per contract. There were 6745 open contracts at this strike prior to today, and today 873 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option trade that happens to be bearish, expiring in 4 day(s) on June 16, 2023. This event was a transfer of 400 contract(s) at a $16.50 strike. The total cost received by the writing party (or parties) was $178.4K, with a price of $446.0 per contract. There were 3285 open contracts at this strike prior to today, and today 547 contract(s) were bought and sold.
• Regarding XPEV XPEV, we observe a call option trade with bearish sentiment. It expires in 25 day(s) on July 7, 2023. Parties traded 375 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $52.5K, with a price of $140.0 per contract. There were 118 open contracts at this strike prior to today, and today 494 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option trade with bullish sentiment. It expires in 4 day(s) on June 16, 2023. Parties traded 30 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $903.0 per contract. There were 7510 open contracts at this strike prior to today, and today 492 contract(s) were bought and sold.
• For DHI DHI, we notice a put option trade that happens to be neutral, expiring in 67 day(s) on August 18, 2023. This event was a transfer of 24 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $25.1K, with a price of $1046.0 per contract. There were 42 open contracts at this strike prior to today, and today 486 contract(s) were bought and sold.
• For LI LI, we notice a call option trade that happens to be bearish, expiring in 585 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $585.0 per contract. There were 3022 open contracts at this strike prior to today, and today 259 contract(s) were bought and sold.
• For SEAS SEAS, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on June 16, 2023. This event was a transfer of 250 contract(s) at a $55.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $100.0K, with a price of $400.0 per contract. There were 301 open contracts at this strike prior to today, and today 250 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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