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 | SWEEP | BEARISH | 11/10/23 | $220.00 | $50.4K | 6.2K | 49.1K |
TH | CALL | SWEEP | BEARISH | 11/17/23 | $15.00 | $25.9K | 14.8K | 16.1K |
DKNG | CALL | SWEEP | NEUTRAL | 01/19/24 | $29.00 | $32.1K | 2.1K | 1.4K |
ABNB | PUT | SWEEP | BEARISH | 01/19/24 | $120.00 | $25.2K | 4.6K | 1.4K |
F | PUT | SWEEP | BEARISH | 06/21/24 | $9.35 | $28.3K | 36.8K | 1.0K |
WYNN | CALL | SWEEP | BEARISH | 01/19/24 | $97.50 | $55.9K | 1.1K | 956 |
LI | CALL | TRADE | BEARISH | 11/24/23 | $40.00 | $28.2K | 87 | 642 |
VSTO | CALL | TRADE | BEARISH | 12/15/23 | $25.00 | $70.5K | 668 | 360 |
BVH | CALL | TRADE | BULLISH | 11/17/23 | $40.00 | $33.2K | 1.1K | 287 |
PLNT | PUT | TRADE | BEARISH | 01/19/24 | $50.00 | $37.5K | 360 | 250 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on November 10, 2023. Parties traded 84 contract(s) at a $220.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $50.4K, with a price of $600.0 per contract. There were 6220 open contracts at this strike prior to today, and today 49179 contract(s) were bought and sold.
• Regarding TH TH, we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on November 17, 2023. Parties traded 471 contract(s) at a $15.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $25.9K, with a price of $55.0 per contract. There were 14870 open contracts at this strike prior to today, and today 16170 contract(s) were bought and sold.
• For DKNG DKNG, we notice a call option sweep that happens to be neutral, expiring in 74 day(s) on January 19, 2024. This event was a transfer of 47 contract(s) at a $29.00 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 $32.1K, with a price of $683.0 per contract. There were 2126 open contracts at this strike prior to today, and today 1407 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option sweep that happens to be bearish, expiring in 74 day(s) on January 19, 2024. This event was a transfer of 32 contract(s) at a $120.00 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 $25.2K, with a price of $790.0 per contract. There were 4669 open contracts at this strike prior to today, and today 1403 contract(s) were bought and sold.
• For F F, we notice a put option sweep that happens to be bearish, expiring in 228 day(s) on June 21, 2024. This event was a transfer of 449 contract(s) at a $9.35 strike. This particular put needed to be split into 113 different trades to become filled. The total cost received by the writing party (or parties) was $28.3K, with a price of $63.0 per contract. There were 36897 open contracts at this strike prior to today, and today 1021 contract(s) were bought and sold.
• For WYNN WYNN, we notice a call option sweep that happens to be bearish, expiring in 74 day(s) on January 19, 2024. This event was a transfer of 112 contract(s) at a $97.50 strike. This particular call needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $55.9K, with a price of $497.0 per contract. There were 1173 open contracts at this strike prior to today, and today 956 contract(s) were bought and sold.
• For LI LI, we notice a call option trade that happens to be bearish, expiring in 18 day(s) on November 24, 2023. This event was a transfer of 150 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $188.0 per contract. There were 87 open contracts at this strike prior to today, and today 642 contract(s) were bought and sold.
• For VSTO VSTO, we notice a call option trade that happens to be bearish, expiring in 39 day(s) on December 15, 2023. This event was a transfer of 360 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $70.5K, with a price of $196.0 per contract. There were 668 open contracts at this strike prior to today, and today 360 contract(s) were bought and sold.
• Regarding BVH BVH, we observe a call option trade with bullish sentiment. It expires in 11 day(s) on November 17, 2023. Parties traded 10 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $3320.0 per contract. There were 1134 open contracts at this strike prior to today, and today 287 contract(s) were bought and sold.
• For PLNT PLNT, we notice a put option trade that happens to be bearish, expiring in 74 day(s) on January 19, 2024. This event was a transfer of 250 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $37.5K, with a price of $150.0 per contract. There were 360 open contracts at this strike prior to today, and today 250 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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