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 | CALL | SWEEP | BEARISH | 09/08/23 | $250.00 | $29.1K | 11.9K | 100.4K |
F | PUT | SWEEP | BULLISH | 09/15/23 | $12.00 | $28.0K | 47.2K | 22.1K |
REAL | PUT | TRADE | BEARISH | 01/19/24 | $5.50 | $279.7K | 4.0K | 1.0K |
BBWI | CALL | SWEEP | BULLISH | 09/15/23 | $37.50 | $65.0K | 2.4K | 1.0K |
MGM | PUT | TRADE | BULLISH | 01/17/25 | $35.00 | $40.8K | 2.0K | 960 |
TH | CALL | TRADE | BEARISH | 01/19/24 | $17.50 | $87.5K | 7.5K | 500 |
OSTK | PUT | SWEEP | NEUTRAL | 03/15/24 | $17.50 | $26.2K | 20 | 87 |
NKE | PUT | SWEEP | BEARISH | 01/19/24 | $110.00 | $27.1K | 6.4K | 77 |
RH | CALL | SWEEP | BULLISH | 11/17/23 | $320.00 | $116.3K | 101 | 25 |
W | CALL | TRADE | BULLISH | 01/17/25 | $20.00 | $54.8K | 615 | 15 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on September 8, 2023. This event was a transfer of 71 contract(s) at a $250.00 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 $29.1K, with a price of $410.0 per contract. There were 11993 open contracts at this strike prior to today, and today 100409 contract(s) were bought and sold.
• Regarding F F, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on September 15, 2023. Parties traded 1000 contract(s) at a $12.00 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 $28.0K, with a price of $28.0 per contract. There were 47219 open contracts at this strike prior to today, and today 22104 contract(s) were bought and sold.
• Regarding REAL REAL, we observe a put option trade with bearish sentiment. It expires in 135 day(s) on January 19, 2024. Parties traded 999 contract(s) at a $5.50 strike. The total cost received by the writing party (or parties) was $279.7K, with a price of $280.0 per contract. There were 4040 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For BBWI BBWI, we notice a call option sweep that happens to be bullish, expiring in 9 day(s) on September 15, 2023. This event was a transfer of 1000 contract(s) at a $37.50 strike. This particular call needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $65.0K, with a price of $65.0 per contract. There were 2493 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold.
• For MGM MGM, we notice a put option trade that happens to be bullish, expiring in 499 day(s) on January 17, 2025. This event was a transfer of 136 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $40.8K, with a price of $300.0 per contract. There were 2009 open contracts at this strike prior to today, and today 960 contract(s) were bought and sold.
• For TH TH, we notice a call option trade that happens to be bearish, expiring in 135 day(s) on January 19, 2024. This event was a transfer of 500 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $87.5K, with a price of $175.0 per contract. There were 7510 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold.
• For OSTK OSTK, we notice a put option sweep that happens to be neutral, expiring in 191 day(s) on March 15, 2024. This event was a transfer of 108 contract(s) at a $17.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $243.0 per contract. There were 20 open contracts at this strike prior to today, and today 87 contract(s) were bought and sold.
• For NKE NKE, we notice a put option sweep that happens to be bearish, expiring in 135 day(s) on January 19, 2024. This event was a transfer of 22 contract(s) at a $110.00 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 $27.1K, with a price of $1234.0 per contract. There were 6491 open contracts at this strike prior to today, and today 77 contract(s) were bought and sold.
• Regarding RH RH, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on November 17, 2023. Parties traded 20 contract(s) at a $320.00 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 $116.3K, with a price of $5817.0 per contract. There were 101 open contracts at this strike prior to today, and today 25 contract(s) were bought and sold.
• Regarding W W, we observe a call option trade with bullish sentiment. It expires in 499 day(s) on January 17, 2025. Parties traded 10 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $54.8K, with a price of $5485.0 per contract. There were 615 open contracts at this strike prior to today, and today 15 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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