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 | SWEEP | BULLISH | 10/13/23 | $240.00 | $53.3K | 12.1K | 23.0K |
NKE | CALL | SWEEP | BEARISH | 10/06/23 | $94.00 | $27.2K | 2.8K | 1.8K |
RIVN | CALL | SWEEP | BULLISH | 01/19/24 | $20.00 | $47.8K | 16.3K | 1.5K |
CPRI | PUT | SWEEP | BEARISH | 11/17/23 | $52.50 | $35.1K | 1.1K | 794 |
ABNB | PUT | SWEEP | NEUTRAL | 12/15/23 | $120.00 | $32.2K | 1.3K | 471 |
CVNA | CALL | TRADE | BEARISH | 01/19/24 | $20.00 | $28.3K | 2.9K | 151 |
RH | PUT | TRADE | BULLISH | 11/17/23 | $240.00 | $34.6K | 187 | 105 |
DKS | PUT | SWEEP | BEARISH | 03/15/24 | $110.00 | $28.2K | 720 | 95 |
DKNG | PUT | TRADE | NEUTRAL | 11/17/23 | $32.00 | $33.8K | 13 | 90 |
CROX | PUT | TRADE | BEARISH | 01/19/24 | $90.00 | $44.2K | 336 | 82 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on October 13, 2023. This event was a transfer of 593 contract(s) at a $240.00 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 $53.3K, with a price of $90.0 per contract. There were 12109 open contracts at this strike prior to today, and today 23084 contract(s) were bought and sold.
• For NKE NKE, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 80 contract(s) at a $94.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $341.0 per contract. There were 2836 open contracts at this strike prior to today, and today 1861 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option sweep with bullish sentiment. It expires in 105 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $20.00 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 $47.8K, with a price of $239.0 per contract. There were 16386 open contracts at this strike prior to today, and today 1595 contract(s) were bought and sold.
• For CPRI CPRI, we notice a put option sweep that happens to be bearish, expiring in 42 day(s) on November 17, 2023. This event was a transfer of 195 contract(s) at a $52.50 strike. This particular put needed to be split into 60 different trades to become filled. The total cost received by the writing party (or parties) was $35.1K, with a price of $180.0 per contract. There were 1173 open contracts at this strike prior to today, and today 794 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option sweep that happens to be neutral, expiring in 70 day(s) on December 15, 2023. This event was a transfer of 50 contract(s) at a $120.00 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 $32.2K, with a price of $645.0 per contract. There were 1353 open contracts at this strike prior to today, and today 471 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a call option trade with bearish sentiment. It expires in 105 day(s) on January 19, 2024. Parties traded 15 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $28.3K, with a price of $1890.0 per contract. There were 2977 open contracts at this strike prior to today, and today 151 contract(s) were bought and sold.
• Regarding RH RH, we observe a put option trade with bullish sentiment. It expires in 42 day(s) on November 17, 2023. Parties traded 35 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $990.0 per contract. There were 187 open contracts at this strike prior to today, and today 105 contract(s) were bought and sold.
• Regarding DKS DKS, we observe a put option sweep with bearish sentiment. It expires in 161 day(s) on March 15, 2024. Parties traded 20 contract(s) at a $110.00 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 $28.2K, with a price of $1410.0 per contract. There were 720 open contracts at this strike prior to today, and today 95 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a put option trade with neutral sentiment. It expires in 42 day(s) on November 17, 2023. Parties traded 88 contract(s) at a $32.00 strike. The total cost received by the writing party (or parties) was $33.8K, with a price of $385.0 per contract. There were 13 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold.
• For CROX CROX, we notice a put option trade that happens to be bearish, expiring in 105 day(s) on January 19, 2024. This event was a transfer of 41 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $44.2K, with a price of $1080.0 per contract. There were 336 open contracts at this strike prior to today, and today 82 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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