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 | BEARISH | 08/25/23 | $240.00 | $43.3K | 18.9K | 56.5K |
CVNA | CALL | SWEEP | BEARISH | 09/01/23 | $45.00 | $105.2K | 318 | 1.5K |
F | PUT | TRADE | BULLISH | 03/15/24 | $11.00 | $32.8K | 7.6K | 1.3K |
CROX | PUT | TRADE | BEARISH | 01/19/24 | $65.00 | $49.5K | 370 | 300 |
TSCO | PUT | TRADE | BEARISH | 10/20/23 | $220.00 | $33.2K | 873 | 231 |
TPR | PUT | SWEEP | BEARISH | 01/19/24 | $30.00 | $29.5K | 2.3K | 204 |
LAD | CALL | TRADE | NEUTRAL | 12/15/23 | $260.00 | $125.2K | 32 | 175 |
DHI | CALL | TRADE | BEARISH | 11/17/23 | $115.00 | $60.9K | 201 | 165 |
FIVE | CALL | SWEEP | BULLISH | 09/15/23 | $200.00 | $70.2K | 76 | 120 |
ABNB | CALL | TRADE | BEARISH | 11/17/23 | $140.00 | $33.5K | 768 | 73 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on August 25, 2023. This event was a transfer of 299 contract(s) at a $240.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $43.3K, with a price of $145.0 per contract. There were 18935 open contracts at this strike prior to today, and today 56554 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option sweep that happens to be bearish, expiring in 11 day(s) on September 1, 2023. This event was a transfer of 978 contract(s) at a $45.00 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 $105.2K, with a price of $107.0 per contract. There were 318 open contracts at this strike prior to today, and today 1546 contract(s) were bought and sold.
• Regarding F F, we observe a put option trade with bullish sentiment. It expires in 207 day(s) on March 15, 2024. Parties traded 410 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $32.8K, with a price of $80.0 per contract. There were 7639 open contracts at this strike prior to today, and today 1363 contract(s) were bought and sold.
• For CROX CROX, we notice a put option trade that happens to be bearish, expiring in 151 day(s) on January 19, 2024. This event was a transfer of 300 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $49.5K, with a price of $165.0 per contract. There were 370 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.
• For TSCO TSCO, we notice a put option trade that happens to be bearish, expiring in 60 day(s) on October 20, 2023. This event was a transfer of 36 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $923.0 per contract. There were 873 open contracts at this strike prior to today, and today 231 contract(s) were bought and sold.
• For TPR TPR, we notice a put option sweep that happens to be bearish, expiring in 151 day(s) on January 19, 2024. This event was a transfer of 204 contract(s) at a $30.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $29.5K, with a price of $145.0 per contract. There were 2341 open contracts at this strike prior to today, and today 204 contract(s) were bought and sold.
• Regarding LAD LAD, we observe a call option trade with neutral sentiment. It expires in 116 day(s) on December 15, 2023. Parties traded 24 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $125.2K, with a price of $5220.0 per contract. There were 32 open contracts at this strike prior to today, and today 175 contract(s) were bought and sold.
• Regarding DHI DHI, we observe a call option trade with bearish sentiment. It expires in 88 day(s) on November 17, 2023. Parties traded 70 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $60.9K, with a price of $870.0 per contract. There were 201 open contracts at this strike prior to today, and today 165 contract(s) were bought and sold.
• For FIVE FIVE, we notice a call option sweep that happens to be bullish, expiring in 25 day(s) on September 15, 2023. This event was a transfer of 119 contract(s) at a $200.00 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 $70.2K, with a price of $590.0 per contract. There were 76 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a call option trade with bearish sentiment. It expires in 88 day(s) on November 17, 2023. Parties traded 67 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $33.5K, with a price of $500.0 per contract. There were 768 open contracts at this strike prior to today, and today 73 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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