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 | CALL | SWEEP | BULLISH | 11/10/23 | $220.00 | $28.9K | 24.3K | 69.2K |
LCID | PUT | SWEEP | BULLISH | 11/17/23 | $4.00 | $66.5K | 29.7K | 13.1K |
DKNG | CALL | TRADE | BULLISH | 11/17/23 | $30.00 | $90.2K | 47.6K | 3.4K |
CVNA | CALL | TRADE | BULLISH | 01/19/24 | $15.00 | $39.5K | 4.7K | 1.7K |
ABNB | PUT | SWEEP | BEARISH | 01/19/24 | $120.00 | $50.3K | 4.8K | 1.3K |
CZR | PUT | SWEEP | BEARISH | 11/17/23 | $43.00 | $57.6K | 690 | 1.2K |
RIVN | PUT | SWEEP | BEARISH | 01/19/24 | $12.50 | $38.4K | 10.4K | 1.2K |
NIO | CALL | SWEEP | BULLISH | 01/19/24 | $7.50 | $33.8K | 14.4K | 335 |
YETI | PUT | SWEEP | NEUTRAL | 01/19/24 | $40.00 | $30.9K | 1.7K | 169 |
LAZR | CALL | SWEEP | BULLISH | 11/10/23 | $3.50 | $33.0K | 716 | 166 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 10, 2023. Parties traded 110 contract(s) at a $220.00 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 $28.9K, with a price of $263.0 per contract. There were 24362 open contracts at this strike prior to today, and today 69236 contract(s) were bought and sold.
• Regarding LCID LCID, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on November 17, 2023. Parties traded 2295 contract(s) at a $4.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $66.5K, with a price of $29.0 per contract. There were 29798 open contracts at this strike prior to today, and today 13198 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option trade with bullish sentiment. It expires in 9 day(s) on November 17, 2023. Parties traded 153 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $90.2K, with a price of $590.0 per contract. There were 47670 open contracts at this strike prior to today, and today 3478 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a call option trade with bullish sentiment. It expires in 72 day(s) on January 19, 2024. Parties traded 21 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $39.5K, with a price of $1885.0 per contract. There were 4747 open contracts at this strike prior to today, and today 1778 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a put option sweep with bearish sentiment. It expires in 72 day(s) on January 19, 2024. Parties traded 57 contract(s) at a $120.00 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 $50.3K, with a price of $885.0 per contract. There were 4862 open contracts at this strike prior to today, and today 1304 contract(s) were bought and sold.
• Regarding CZR CZR, we observe a put option sweep with bearish sentiment. It expires in 9 day(s) on November 17, 2023. Parties traded 720 contract(s) at a $43.00 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 $57.6K, with a price of $80.0 per contract. There were 690 open contracts at this strike prior to today, and today 1280 contract(s) were bought and sold.
• For RIVN RIVN, we notice a put option sweep that happens to be bearish, expiring in 72 day(s) on January 19, 2024. This event was a transfer of 816 contract(s) at a $12.50 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $38.4K, with a price of $47.0 per contract. There were 10423 open contracts at this strike prior to today, and today 1210 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 72 day(s) on January 19, 2024. Parties traded 300 contract(s) at a $7.50 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $33.8K, with a price of $112.0 per contract. There were 14441 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold.
• For YETI YETI, we notice a put option sweep that happens to be neutral, expiring in 72 day(s) on January 19, 2024. This event was a transfer of 86 contract(s) at a $40.00 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 $30.9K, with a price of $360.0 per contract. There were 1790 open contracts at this strike prior to today, and today 169 contract(s) were bought and sold.
• Regarding LAZR LAZR, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 10, 2023. Parties traded 1000 contract(s) at a $3.50 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $33.0K, with a price of $33.0 per contract. There were 716 open contracts at this strike prior to today, and today 166 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.