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.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | SWEEP | BEARISH | 06/30/23 | $260.00 | $31.5K | 26.7K | 143.3K |
CVNA | CALL | SWEEP | BULLISH | 06/30/23 | $28.00 | $78.8K | 1.4K | 6.3K |
NKE | CALL | SWEEP | NEUTRAL | 06/30/23 | $115.00 | $42.8K | 3.2K | 508 |
LVS | CALL | SWEEP | BULLISH | 09/15/23 | $62.50 | $40.9K | 1.6K | 265 |
LAZR | PUT | TRADE | BEARISH | 01/17/25 | $7.50 | $27.8K | 3.9K | 219 |
WYNN | PUT | TRADE | BULLISH | 01/19/24 | $87.50 | $94.6K | 1.5K | 215 |
CSV | CALL | SWEEP | BULLISH | 01/19/24 | $30.00 | $25.0K | 652 | 180 |
NCLH | CALL | SWEEP | BULLISH | 06/30/23 | $17.00 | $32.0K | 536 | 88 |
ANF | PUT | TRADE | BEARISH | 09/15/23 | $38.00 | $31.9K | 24 | 84 |
BROS | PUT | TRADE | BEARISH | 01/19/24 | $30.00 | $45.3K | 650 | 75 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on June 30, 2023. Parties traded 100 contract(s) at a $260.00 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 $31.5K, with a price of $315.0 per contract. There were 26790 open contracts at this strike prior to today, and today 143329 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on June 30, 2023. Parties traded 833 contract(s) at a $28.00 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 $78.8K, with a price of $95.0 per contract. There were 1410 open contracts at this strike prior to today, and today 6386 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a call option sweep with neutral sentiment. It expires in 2 day(s) on June 30, 2023. Parties traded 146 contract(s) at a $115.00 strike. This particular call needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $42.8K, with a price of $294.0 per contract. There were 3226 open contracts at this strike prior to today, and today 508 contract(s) were bought and sold.
• Regarding LVS LVS, we observe a call option sweep with bullish sentiment. It expires in 79 day(s) on September 15, 2023. Parties traded 230 contract(s) at a $62.50 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 $40.9K, with a price of $178.0 per contract. There were 1619 open contracts at this strike prior to today, and today 265 contract(s) were bought and sold.
• Regarding LAZR LAZR, we observe a put option trade with bearish sentiment. It expires in 569 day(s) on January 17, 2025. Parties traded 75 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $371.0 per contract. There were 3904 open contracts at this strike prior to today, and today 219 contract(s) were bought and sold.
• For WYNN WYNN, we notice a put option trade that happens to be bullish, expiring in 205 day(s) on January 19, 2024. This event was a transfer of 215 contract(s) at a $87.50 strike. The total cost received by the writing party (or parties) was $94.6K, with a price of $440.0 per contract. There were 1520 open contracts at this strike prior to today, and today 215 contract(s) were bought and sold.
• Regarding CSV CSV, we observe a call option sweep with bullish sentiment. It expires in 205 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $30.00 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 $25.0K, with a price of $250.0 per contract. There were 652 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on June 30, 2023. Parties traded 80 contract(s) at a $17.00 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 $32.0K, with a price of $400.0 per contract. There were 536 open contracts at this strike prior to today, and today 88 contract(s) were bought and sold.
• For ANF ANF, we notice a put option trade that happens to be bearish, expiring in 79 day(s) on September 15, 2023. This event was a transfer of 82 contract(s) at a $38.00 strike. The total cost received by the writing party (or parties) was $31.9K, with a price of $390.0 per contract. There were 24 open contracts at this strike prior to today, and today 84 contract(s) were bought and sold.
• Regarding BROS BROS, we observe a put option trade with bearish sentiment. It expires in 205 day(s) on January 19, 2024. Parties traded 75 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $45.3K, with a price of $604.0 per contract. There were 650 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 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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