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 | TRADE | BEARISH | 07/14/23 | $275.00 | $57.6K | 23.6K | 139.7K |
RIVN | CALL | SWEEP | BEARISH | 08/18/23 | $20.00 | $63.8K | 27.0K | 3.9K |
CVNA | PUT | SWEEP | BULLISH | 07/14/23 | $40.00 | $59.2K | 1.7K | 1.7K |
F | CALL | SWEEP | BEARISH | 07/28/23 | $15.00 | $27.8K | 14.0K | 1.0K |
VSTO | PUT | TRADE | BEARISH | 08/18/23 | $30.00 | $43.0K | 7.5K | 750 |
VSCO | CALL | SWEEP | BULLISH | 09/15/23 | $17.50 | $32.8K | 241 | 733 |
GM | PUT | SWEEP | BULLISH | 12/15/23 | $45.00 | $92.3K | 499 | 691 |
ABNB | CALL | SWEEP | BULLISH | 07/21/23 | $115.00 | $27.3K | 2.5K | 370 |
DKNG | CALL | SWEEP | BULLISH | 07/14/23 | $29.00 | $26.5K | 1.5K | 336 |
FTCH | CALL | SWEEP | BULLISH | 01/17/25 | $10.00 | $32.0K | 4.9K | 304 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option trade that happens to be bearish, expiring in 1 day(s) on July 14, 2023. This event was a transfer of 208 contract(s) at a $275.00 strike. The total cost received by the writing party (or parties) was $57.6K, with a price of $277.0 per contract. There were 23639 open contracts at this strike prior to today, and today 139779 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bearish sentiment. It expires in 36 day(s) on August 18, 2023. Parties traded 96 contract(s) at a $20.00 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 $63.8K, with a price of $665.0 per contract. There were 27001 open contracts at this strike prior to today, and today 3927 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option sweep with bullish sentiment. It expires in 1 day(s) on July 14, 2023. Parties traded 150 contract(s) at a $40.00 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 $59.2K, with a price of $395.0 per contract. There were 1745 open contracts at this strike prior to today, and today 1771 contract(s) were bought and sold.
• For F F, we notice a call option sweep that happens to be bearish, expiring in 15 day(s) on July 28, 2023. This event was a transfer of 487 contract(s) at a $15.00 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 $27.8K, with a price of $57.0 per contract. There were 14098 open contracts at this strike prior to today, and today 1032 contract(s) were bought and sold.
• Regarding VSTO VSTO, we observe a put option trade with bearish sentiment. It expires in 36 day(s) on August 18, 2023. Parties traded 250 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $172.0 per contract. There were 7550 open contracts at this strike prior to today, and today 750 contract(s) were bought and sold.
• Regarding VSCO VSCO, we observe a call option sweep with bullish sentiment. It expires in 64 day(s) on September 15, 2023. Parties traded 100 contract(s) at a $17.50 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 $32.8K, with a price of $328.0 per contract. There were 241 open contracts at this strike prior to today, and today 733 contract(s) were bought and sold.
• For GM GM, we notice a put option sweep that happens to be bullish, expiring in 155 day(s) on December 15, 2023. This event was a transfer of 171 contract(s) at a $45.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $92.3K, with a price of $540.0 per contract. There were 499 open contracts at this strike prior to today, and today 691 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option sweep with bullish sentiment. It expires in 8 day(s) on July 21, 2023. Parties traded 11 contract(s) at a $115.00 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 $27.3K, with a price of $2485.0 per contract. There were 2569 open contracts at this strike prior to today, and today 370 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on July 14, 2023. This event was a transfer of 100 contract(s) at a $29.00 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 $26.5K, with a price of $265.0 per contract. There were 1590 open contracts at this strike prior to today, and today 336 contract(s) were bought and sold.
• Regarding FTCH FTCH, we observe a call option sweep with bullish sentiment. It expires in 554 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $10.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $160.0 per contract. There were 4977 open contracts at this strike prior to today, and today 304 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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