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.
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 | NEUTRAL | 08/25/23 | $235.00 | $41.1K | 8.0K | 77.6K |
VFC | PUT | SWEEP | BULLISH | 09/15/23 | $17.50 | $51.0K | 1.4K | 3.3K |
XPEV | CALL | TRADE | BULLISH | 09/08/23 | $16.00 | $51.4K | 2.4K | 2.4K |
SNBR | PUT | SWEEP | BULLISH | 12/15/23 | $25.00 | $46.0K | 366 | 1.8K |
FND | PUT | TRADE | BULLISH | 09/15/23 | $100.00 | $41.4K | 2.4K | 535 |
F | CALL | SWEEP | BULLISH | 06/21/24 | $11.35 | $44.0K | 10.0K | 258 |
RIVN | PUT | TRADE | BULLISH | 06/21/24 | $12.50 | $26.2K | 6.4K | 196 |
BKNG | CALL | SWEEP | BEARISH | 09/01/23 | $3100.00 | $87.2K | 31 | 180 |
W | CALL | TRADE | BEARISH | 09/01/23 | $64.00 | $43.8K | 37 | 140 |
CAVA | CALL | SWEEP | BULLISH | 10/20/23 | $35.00 | $28.4K | 34 | 53 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option trade that happens to be neutral, is expiring today. Parties traded 300 contract(s) at a $235.00 strike. The total cost received by the writing party (or parties) was $41.1K, with a price of $137.0 per contract. There were 8025 open contracts at this strike prior to today, and today 77608 contract(s) were bought and sold.
• For VFC VFC, we notice a put option sweep that happens to be bullish, expiring in 21 day(s) on September 15, 2023. This event was a transfer of 1275 contract(s) at a $17.50 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 $51.0K, with a price of $40.0 per contract. There were 1413 open contracts at this strike prior to today, and today 3381 contract(s) were bought and sold.
• For XPEV XPEV, we notice a call option trade that happens to be bullish, expiring in 14 day(s) on September 8, 2023. This event was a transfer of 299 contract(s) at a $16.00 strike. The total cost received by the writing party (or parties) was $51.4K, with a price of $172.0 per contract. There were 2486 open contracts at this strike prior to today, and today 2457 contract(s) were bought and sold.
• Regarding SNBR SNBR, we observe a put option sweep with bullish sentiment. It expires in 112 day(s) on December 15, 2023. Parties traded 100 contract(s) at a $25.00 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 $46.0K, with a price of $460.0 per contract. There were 366 open contracts at this strike prior to today, and today 1895 contract(s) were bought and sold.
• For FND FND, we notice a put option trade that happens to be bullish, expiring in 21 day(s) on September 15, 2023. This event was a transfer of 68 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $41.4K, with a price of $610.0 per contract. There were 2441 open contracts at this strike prior to today, and today 535 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 301 day(s) on June 21, 2024. Parties traded 250 contract(s) at a $11.35 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 $44.0K, with a price of $176.0 per contract. There were 10050 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold.
• For RIVN RIVN, we notice a put option trade that happens to be bullish, expiring in 301 day(s) on June 21, 2024. This event was a transfer of 196 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $26.2K, with a price of $134.0 per contract. There were 6498 open contracts at this strike prior to today, and today 196 contract(s) were bought and sold.
• For BKNG BKNG, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on September 1, 2023. This event was a transfer of 75 contract(s) at a $3100.00 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 $87.2K, with a price of $1170.0 per contract. There were 31 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold.
• Regarding W W, we observe a call option trade with bearish sentiment. It expires in 7 day(s) on September 1, 2023. Parties traded 193 contract(s) at a $64.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $227.0 per contract. There were 37 open contracts at this strike prior to today, and today 140 contract(s) were bought and sold.
• Regarding CAVA CAVA, we observe a call option sweep with bullish sentiment. It expires in 56 day(s) on October 20, 2023. Parties traded 37 contract(s) at a $35.00 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 $28.4K, with a price of $770.0 per contract. There were 34 open contracts at this strike prior to today, and today 53 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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