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 | 11/17/23 | $240.00 | $28.2K | 29.9K | 135.2K |
WW | CALL | TRADE | BULLISH | 01/19/24 | $10.00 | $46.0K | 20.9K | 2.0K |
PENN | CALL | SWEEP | BEARISH | 12/01/23 | $23.50 | $46.3K | 71 | 268 |
ROST | CALL | TRADE | NEUTRAL | 11/17/23 | $120.00 | $27.5K | 1.2K | 125 |
BKNG | CALL | SWEEP | BEARISH | 11/24/23 | $3200.00 | $50.4K | 78 | 57 |
RCL | CALL | TRADE | BEARISH | 11/24/23 | $95.00 | $34.6K | 252 | 40 |
SBUX | CALL | TRADE | BULLISH | 01/17/25 | $95.00 | $72.2K | 553 | 35 |
LULU | CALL | TRADE | NEUTRAL | 12/15/23 | $400.00 | $31.0K | 1.0K | 32 |
HLT | PUT | SWEEP | NEUTRAL | 01/17/25 | $180.00 | $34.5K | 8 | 27 |
FIVE | PUT | SWEEP | BEARISH | 01/17/25 | $175.00 | $81.7K | 164 | 10 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bearish, expiring in 1 day(s) on November 17, 2023. This event was a transfer of 200 contract(s) at a $240.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.2K, with a price of $141.0 per contract. There were 29930 open contracts at this strike prior to today, and today 135243 contract(s) were bought and sold.
• Regarding WW WW, we observe a call option trade with bullish sentiment. It expires in 64 day(s) on January 19, 2024. Parties traded 2000 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $46.0K, with a price of $23.0 per contract. There were 20912 open contracts at this strike prior to today, and today 2004 contract(s) were bought and sold.
• Regarding PENN PENN, we observe a call option sweep with bearish sentiment. It expires in 15 day(s) on December 1, 2023. Parties traded 259 contract(s) at a $23.50 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $46.3K, with a price of $179.0 per contract. There were 71 open contracts at this strike prior to today, and today 268 contract(s) were bought and sold.
• For ROST ROST, we notice a call option trade that happens to be neutral, expiring in 1 day(s) on November 17, 2023. This event was a transfer of 81 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $340.0 per contract. There were 1290 open contracts at this strike prior to today, and today 125 contract(s) were bought and sold.
• Regarding BKNG BKNG, we observe a call option sweep with bearish sentiment. It expires in 8 day(s) on November 24, 2023. Parties traded 27 contract(s) at a $3200.00 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 $50.4K, with a price of $1870.0 per contract. There were 78 open contracts at this strike prior to today, and today 57 contract(s) were bought and sold.
• For RCL RCL, we notice a call option trade that happens to be bearish, expiring in 8 day(s) on November 24, 2023. This event was a transfer of 40 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $34.6K, with a price of $866.0 per contract. There were 252 open contracts at this strike prior to today, and today 40 contract(s) were bought and sold.
• Regarding SBUX SBUX, we observe a call option trade with bullish sentiment. It expires in 428 day(s) on January 17, 2025. Parties traded 35 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $72.2K, with a price of $2065.0 per contract. There were 553 open contracts at this strike prior to today, and today 35 contract(s) were bought and sold.
• Regarding LULU LULU, we observe a call option trade with neutral sentiment. It expires in 29 day(s) on December 15, 2023. Parties traded 10 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $3104.0 per contract. There were 1022 open contracts at this strike prior to today, and today 32 contract(s) were bought and sold.
• Regarding HLT HLT, we observe a put option sweep with neutral sentiment. It expires in 428 day(s) on January 17, 2025. Parties traded 17 contract(s) at a $180.00 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 $34.5K, with a price of $2030.0 per contract. There were 8 open contracts at this strike prior to today, and today 27 contract(s) were bought and sold.
• Regarding FIVE FIVE, we observe a put option sweep with bearish sentiment. It expires in 428 day(s) on January 17, 2025. Parties traded 38 contract(s) at a $175.00 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 $81.7K, with a price of $2150.0 per contract. There were 164 open contracts at this strike prior to today, and today 10 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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