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 | BULLISH | 08/11/23 | $242.50 | $27.0K | 4.4K | 150.0K |
MGM | PUT | SWEEP | BEARISH | 08/18/23 | $46.00 | $28.2K | 1.2K | 2.9K |
F | PUT | TRADE | BULLISH | 08/11/23 | $13.50 | $242.3K | 2.9K | 2.0K |
RIVN | CALL | TRADE | BEARISH | 08/18/23 | $22.50 | $36.0K | 18.0K | 1.5K |
PENN | CALL | SWEEP | BULLISH | 09/15/23 | $25.00 | $62.2K | 913 | 1.4K |
ROST | CALL | TRADE | BEARISH | 12/15/23 | $120.00 | $43.4K | 122 | 1.1K |
DASH | CALL | SWEEP | BULLISH | 09/15/23 | $90.00 | $30.0K | 2.7K | 760 |
NCLH | PUT | TRADE | BULLISH | 05/17/24 | $17.50 | $58.0K | 13.6K | 469 |
ANF | CALL | SWEEP | BULLISH | 08/25/23 | $41.00 | $52.5K | 534 | 252 |
NIO | PUT | SWEEP | BULLISH | 08/18/23 | $16.00 | $31.5K | 582 | 211 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 305 contract(s) at a $242.50 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 $27.0K, with a price of $88.0 per contract. There were 4453 open contracts at this strike prior to today, and today 150061 contract(s) were bought and sold.
• Regarding MGM MGM, we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on August 18, 2023. Parties traded 345 contract(s) at a $46.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $82.0 per contract. There were 1232 open contracts at this strike prior to today, and today 2927 contract(s) were bought and sold.
• For F F, we notice a put option trade that happens to be bullish, is expiring today. Parties traded 1683 contract(s) at a $13.50 strike. The total cost received by the writing party (or parties) was $242.3K, with a price of $144.0 per contract. There were 2957 open contracts at this strike prior to today, and today 2087 contract(s) were bought and sold.
• For RIVN RIVN, we notice a call option trade that happens to be bearish, expiring in 7 day(s) on August 18, 2023. This event was a transfer of 800 contract(s) at a $22.50 strike. The total cost received by the writing party (or parties) was $36.0K, with a price of $45.0 per contract. There were 18069 open contracts at this strike prior to today, and today 1564 contract(s) were bought and sold.
• For PENN PENN, we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on September 15, 2023. This event was a transfer of 788 contract(s) at a $25.00 strike. This particular call needed to be split into 32 different trades to become filled. The total cost received by the writing party (or parties) was $62.2K, with a price of $79.0 per contract. There were 913 open contracts at this strike prior to today, and today 1471 contract(s) were bought and sold.
• Regarding ROST ROST, we observe a call option trade with bearish sentiment. It expires in 126 day(s) on December 15, 2023. Parties traded 82 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $43.4K, with a price of $530.0 per contract. There were 122 open contracts at this strike prior to today, and today 1154 contract(s) were bought and sold.
• For DASH DASH, we notice a call option sweep that happens to be bullish, expiring in 35 day(s) on September 15, 2023. This event was a transfer of 376 contract(s) at a $90.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.0K, with a price of $80.0 per contract. There were 2743 open contracts at this strike prior to today, and today 760 contract(s) were bought and sold.
• Regarding NCLH NCLH, we observe a put option trade with bullish sentiment. It expires in 280 day(s) on May 17, 2024. Parties traded 235 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $58.0K, with a price of $247.0 per contract. There were 13637 open contracts at this strike prior to today, and today 469 contract(s) were bought and sold.
• Regarding ANF ANF, we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on August 25, 2023. Parties traded 250 contract(s) at a $41.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $52.5K, with a price of $210.0 per contract. There were 534 open contracts at this strike prior to today, and today 252 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a put option sweep with bullish sentiment. It expires in 7 day(s) on August 18, 2023. Parties traded 105 contract(s) at a $16.00 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 $31.5K, with a price of $300.0 per contract. There were 582 open contracts at this strike prior to today, and today 211 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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