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 | PUT | TRADE | BEARISH | 08/25/23 | $225.00 | $25.6K | 14.8K | 55.1K |
GPS | CALL | TRADE | BULLISH | 01/19/24 | $15.00 | $73.5K | 8.2K | 3.5K |
DKS | CALL | TRADE | BULLISH | 09/15/23 | $120.00 | $80.0K | 323 | 2.7K |
LVS | CALL | SWEEP | BEARISH | 09/15/23 | $55.00 | $26.7K | 1.9K | 532 |
DPZ | PUT | TRADE | BULLISH | 12/15/23 | $400.00 | $930.6K | 105 | 300 |
RCL | CALL | SWEEP | BULLISH | 09/15/23 | $105.00 | $26.5K | 2.3K | 252 |
BBY | CALL | SWEEP | BULLISH | 06/21/24 | $75.00 | $78.6K | 41 | 227 |
ASO | PUT | TRADE | NEUTRAL | 01/19/24 | $50.00 | $79.1K | 1.0K | 225 |
WOOF | CALL | SWEEP | BULLISH | 03/15/24 | $6.00 | $31.0K | 5 | 200 |
HD | PUT | TRADE | NEUTRAL | 10/20/23 | $335.00 | $32.2K | 98 | 143 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a put option trade with bearish sentiment. It expires in 3 day(s) on August 25, 2023. Parties traded 120 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $25.6K, with a price of $214.0 per contract. There were 14811 open contracts at this strike prior to today, and today 55130 contract(s) were bought and sold.
• Regarding GPS GPS, we observe a call option trade with bullish sentiment. It expires in 150 day(s) on January 19, 2024. Parties traded 3500 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $73.5K, with a price of $21.0 per contract. There were 8277 open contracts at this strike prior to today, and today 3545 contract(s) were bought and sold.
• For DKS DKS, we notice a call option trade that happens to be bullish, expiring in 24 day(s) on September 15, 2023. This event was a transfer of 500 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $80.0K, with a price of $160.0 per contract. There were 323 open contracts at this strike prior to today, and today 2796 contract(s) were bought and sold.
• For LVS LVS, we notice a call option sweep that happens to be bearish, expiring in 24 day(s) on September 15, 2023. This event was a transfer of 300 contract(s) at a $55.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $89.0 per contract. There were 1975 open contracts at this strike prior to today, and today 532 contract(s) were bought and sold.
• Regarding DPZ DPZ, we observe a put option trade with bullish sentiment. It expires in 115 day(s) on December 15, 2023. Parties traded 300 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $930.6K, with a price of $3102.0 per contract. There were 105 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold.
• For RCL RCL, we notice a call option sweep that happens to be bullish, expiring in 24 day(s) on September 15, 2023. This event was a transfer of 195 contract(s) at a $105.00 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 $26.5K, with a price of $136.0 per contract. There were 2352 open contracts at this strike prior to today, and today 252 contract(s) were bought and sold.
• For BBY BBY, we notice a call option sweep that happens to be bullish, expiring in 304 day(s) on June 21, 2024. This event was a transfer of 86 contract(s) at a $75.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $78.6K, with a price of $915.0 per contract. There were 41 open contracts at this strike prior to today, and today 227 contract(s) were bought and sold.
• For ASO ASO, we notice a put option trade that happens to be neutral, expiring in 150 day(s) on January 19, 2024. This event was a transfer of 184 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $79.1K, with a price of $430.0 per contract. There were 1004 open contracts at this strike prior to today, and today 225 contract(s) were bought and sold.
• For WOOF WOOF, we notice a call option sweep that happens to be bullish, expiring in 206 day(s) on March 15, 2024. This event was a transfer of 200 contract(s) at a $6.00 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 $31.0K, with a price of $155.0 per contract. There were 5 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For HD HD, we notice a put option trade that happens to be neutral, expiring in 59 day(s) on October 20, 2023. This event was a transfer of 20 contract(s) at a $335.00 strike. The total cost received by the writing party (or parties) was $32.2K, with a price of $1610.0 per contract. There were 98 open contracts at this strike prior to today, and today 143 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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