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 | BEARISH | 12/15/23 | $252.50 | $41.1K | 14.8K | 173.7K |
TPX | CALL | SWEEP | BEARISH | 02/16/24 | $42.50 | $29.4K | 10.0K | 4.3K |
PLCE | CALL | SWEEP | BULLISH | 03/15/24 | $28.00 | $27.0K | 913 | 1.4K |
RIVN | CALL | TRADE | BULLISH | 01/17/25 | $50.00 | $155.7K | 5.1K | 1.0K |
GPS | PUT | SWEEP | BULLISH | 01/26/24 | $23.50 | $26.7K | 0 | 1.0K |
BABA | CALL | SWEEP | BEARISH | 12/22/23 | $70.00 | $62.4K | 878 | 666 |
AMZN | CALL | TRADE | NEUTRAL | 12/29/23 | $145.00 | $32.7K | 4.9K | 496 |
GM | PUT | SWEEP | NEUTRAL | 01/19/24 | $40.00 | $42.5K | 2.0K | 160 |
HD | CALL | SWEEP | NEUTRAL | 03/15/24 | $380.00 | $36.8K | 473 | 126 |
ROST | PUT | SWEEP | BULLISH | 03/15/24 | $140.00 | $54.6K | 35 | 100 |
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, is expiring today. Parties traded 245 contract(s) at a $252.50 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 $41.1K, with a price of $168.0 per contract. There were 14899 open contracts at this strike prior to today, and today 173716 contract(s) were bought and sold.
• For TPX TPX, we notice a call option sweep that happens to be bearish, expiring in 63 day(s) on February 16, 2024. This event was a transfer of 32 contract(s) at a $42.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $29.4K, with a price of $920.0 per contract. There were 10008 open contracts at this strike prior to today, and today 4387 contract(s) were bought and sold.
• Regarding PLCE PLCE, we observe a call option sweep with bullish sentiment. It expires in 91 day(s) on March 15, 2024. Parties traded 150 contract(s) at a $28.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $180.0 per contract. There were 913 open contracts at this strike prior to today, and today 1400 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a call option trade with bullish sentiment. It expires in 399 day(s) on January 17, 2025. Parties traded 890 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $155.7K, with a price of $175.0 per contract. There were 5116 open contracts at this strike prior to today, and today 1063 contract(s) were bought and sold.
• For GPS GPS, we notice a put option sweep that happens to be bullish, expiring in 42 day(s) on January 26, 2024. This event was a transfer of 112 contract(s) at a $23.50 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $239.0 per contract. There were 0 open contracts at this strike prior to today, and today 1019 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on December 22, 2023. This event was a transfer of 119 contract(s) at a $70.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $62.4K, with a price of $525.0 per contract. There were 878 open contracts at this strike prior to today, and today 666 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option trade with neutral sentiment. It expires in 14 day(s) on December 29, 2023. Parties traded 60 contract(s) at a $145.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $545.0 per contract. There were 4941 open contracts at this strike prior to today, and today 496 contract(s) were bought and sold.
• For GM GM, we notice a put option sweep that happens to be neutral, expiring in 35 day(s) on January 19, 2024. This event was a transfer of 100 contract(s) at a $40.00 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 $42.5K, with a price of $425.0 per contract. There were 2002 open contracts at this strike prior to today, and today 160 contract(s) were bought and sold.
• For HD HD, we notice a call option sweep that happens to be neutral, expiring in 91 day(s) on March 15, 2024. This event was a transfer of 77 contract(s) at a $380.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $36.8K, with a price of $478.0 per contract. There were 473 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold.
• For ROST ROST, we notice a put option sweep that happens to be bullish, expiring in 91 day(s) on March 15, 2024. This event was a transfer of 65 contract(s) at a $140.00 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 $54.6K, with a price of $840.0 per contract. There were 35 open contracts at this strike prior to today, and today 100 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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