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 |
---|---|---|---|---|---|---|---|---|
AMZN | CALL | TRADE | BEARISH | 12/01/23 | $150.00 | $26.5K | 26.7K | 26.3K |
TSLA | CALL | SWEEP | BULLISH | 12/15/23 | $250.00 | $161.3K | 48.3K | 12.5K |
NIO | CALL | SWEEP | BULLISH | 01/19/24 | $11.00 | $40.0K | 10.9K | 5.0K |
CVNA | PUT | TRADE | BEARISH | 01/19/24 | $32.50 | $1.7 million | 7.8K | 3.7K |
PDD | PUT | SWEEP | BEARISH | 03/15/24 | $110.00 | $44.0K | 1.2K | 552 |
JMIA | CALL | SWEEP | BEARISH | 01/17/25 | $3.00 | $30.2K | 2.4K | 241 |
HAS | CALL | SWEEP | BULLISH | 04/19/24 | $60.00 | $26.4K | 282 | 150 |
PAG | CALL | SWEEP | NEUTRAL | 12/15/23 | $115.00 | $38.0K | 1.2K | 129 |
RIVN | CALL | TRADE | BULLISH | 01/16/26 | $17.50 | $28.4K | 860 | 81 |
MELI | PUT | TRADE | BEARISH | 01/19/24 | $1500.00 | $27.2K | 148 | 72 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding AMZN AMZN, we observe a call option trade with bearish sentiment. It expires in 3 day(s) on December 1, 2023. Parties traded 500 contract(s) at a $150.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $53.0 per contract. There were 26749 open contracts at this strike prior to today, and today 26335 contract(s) were bought and sold.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 17 day(s) on December 15, 2023. Parties traded 252 contract(s) at a $250.00 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 $161.3K, with a price of $640.0 per contract. There were 48329 open contracts at this strike prior to today, and today 12532 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 52 day(s) on January 19, 2024. Parties traded 5000 contract(s) at a $11.00 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 $40.0K, with a price of $8.0 per contract. There were 10995 open contracts at this strike prior to today, and today 5068 contract(s) were bought and sold.
• Regarding CVNA CVNA, we observe a put option trade with bearish sentiment. It expires in 52 day(s) on January 19, 2024. Parties traded 3725 contract(s) at a $32.50 strike. The total cost received by the writing party (or parties) was $1.7 million, with a price of $470.0 per contract. There were 7852 open contracts at this strike prior to today, and today 3737 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a put option sweep with bearish sentiment. It expires in 108 day(s) on March 15, 2024. Parties traded 200 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 $44.0K, with a price of $220.0 per contract. There were 1257 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold.
• Regarding JMIA JMIA, we observe a call option sweep with bearish sentiment. It expires in 416 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $3.00 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 $30.2K, with a price of $155.0 per contract. There were 2456 open contracts at this strike prior to today, and today 241 contract(s) were bought and sold.
• Regarding HAS HAS, we observe a call option sweep with bullish sentiment. It expires in 143 day(s) on April 19, 2024. Parties traded 480 contract(s) at a $60.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $26.4K, with a price of $55.0 per contract. There were 282 open contracts at this strike prior to today, and today 150 contract(s) were bought and sold.
• For PAG PAG, we notice a call option sweep that happens to be neutral, expiring in 17 day(s) on December 15, 2023. This event was a transfer of 10 contract(s) at a $115.00 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 $38.0K, with a price of $3807.0 per contract. There were 1205 open contracts at this strike prior to today, and today 129 contract(s) were bought and sold.
• For RIVN RIVN, we notice a call option trade that happens to be bullish, expiring in 780 day(s) on January 16, 2026. This event was a transfer of 40 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $28.4K, with a price of $711.0 per contract. There were 860 open contracts at this strike prior to today, and today 81 contract(s) were bought and sold.
• For MELI MELI, we notice a put option trade that happens to be bearish, expiring in 52 day(s) on January 19, 2024. This event was a transfer of 8 contract(s) at a $1500.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $3400.0 per contract. There were 148 open contracts at this strike prior to today, and today 72 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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