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 | BULLISH | 09/22/23 | $270.00 | $42.9K | 9.4K | 72.6K |
CHWY | PUT | TRADE | BULLISH | 01/17/25 | $12.50 | $280.0K | 10 | 2.0K |
BJRI | PUT | SWEEP | BEARISH | 10/20/23 | $30.00 | $36.6K | 3 | 1.0K |
TH | CALL | TRADE | BEARISH | 01/19/24 | $12.50 | $28.2K | 9.7K | 250 |
RCL | CALL | TRADE | BULLISH | 12/19/25 | $150.00 | $61.1K | 68 | 64 |
LEN | CALL | TRADE | BEARISH | 06/21/24 | $90.00 | $43.0K | 106 | 39 |
DASH | CALL | SWEEP | BULLISH | 01/17/25 | $75.00 | $70.7K | 313 | 30 |
RH | PUT | TRADE | BEARISH | 05/17/24 | $300.00 | $25.9K | 1 | 22 |
AAP | PUT | SWEEP | BEARISH | 03/15/24 | $75.00 | $28.6K | 42 | 19 |
LULU | PUT | SWEEP | BULLISH | 01/19/24 | $460.00 | $30.5K | 26 | 4 |
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 bullish, expiring in 4 day(s) on September 22, 2023. This event was a transfer of 100 contract(s) at a $270.00 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 $42.9K, with a price of $430.0 per contract. There were 9484 open contracts at this strike prior to today, and today 72688 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a put option trade with bullish sentiment. It expires in 487 day(s) on January 17, 2025. Parties traded 2000 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $280.0K, with a price of $140.0 per contract. There were 10 open contracts at this strike prior to today, and today 2013 contract(s) were bought and sold.
• For BJRI BJRI, we notice a put option sweep that happens to be bearish, expiring in 32 day(s) on October 20, 2023. This event was a transfer of 94 contract(s) at a $30.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $36.6K, with a price of $390.0 per contract. There were 3 open contracts at this strike prior to today, and today 1094 contract(s) were bought and sold.
• For TH TH, we notice a call option trade that happens to be bearish, expiring in 123 day(s) on January 19, 2024. This event was a transfer of 94 contract(s) at a $12.50 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $300.0 per contract. There were 9707 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a call option trade with bullish sentiment. It expires in 823 day(s) on December 19, 2025. Parties traded 64 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $61.1K, with a price of $955.0 per contract. There were 68 open contracts at this strike prior to today, and today 64 contract(s) were bought and sold.
• For LEN LEN, we notice a call option trade that happens to be bearish, expiring in 277 day(s) on June 21, 2024. This event was a transfer of 13 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $3310.0 per contract. There were 106 open contracts at this strike prior to today, and today 39 contract(s) were bought and sold.
• For DASH DASH, we notice a call option sweep that happens to be bullish, expiring in 487 day(s) on January 17, 2025. This event was a transfer of 30 contract(s) at a $75.00 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 $70.7K, with a price of $2359.0 per contract. There were 313 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.
• For RH RH, we notice a put option trade that happens to be bearish, expiring in 242 day(s) on May 17, 2024. This event was a transfer of 7 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $3710.0 per contract. There were 1 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold.
• Regarding AAP AAP, we observe a put option sweep with bearish sentiment. It expires in 179 day(s) on March 15, 2024. Parties traded 16 contract(s) at a $75.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $1790.0 per contract. There were 42 open contracts at this strike prior to today, and today 19 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a put option sweep with bullish sentiment. It expires in 123 day(s) on January 19, 2024. Parties traded 4 contract(s) at a $460.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $7629.0 per contract. There were 26 open contracts at this strike prior to today, and today 4 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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