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 | 12/22/23 | $257.50 | $27.3K | 18.5K | 56.6K |
PENN | CALL | SWEEP | BULLISH | 12/22/23 | $27.00 | $27.9K | 557 | 1.9K |
AMZN | PUT | SWEEP | NEUTRAL | 02/16/24 | $150.00 | $56.0K | 12.5K | 680 |
GM | PUT | TRADE | BULLISH | 06/20/25 | $25.00 | $25.0K | 3.1K | 401 |
KSS | PUT | TRADE | BULLISH | 02/16/24 | $37.50 | $85.0K | 125 | 395 |
DKS | PUT | SWEEP | NEUTRAL | 06/21/24 | $115.00 | $95.3K | 6.2K | 317 |
BABA | PUT | TRADE | NEUTRAL | 01/19/24 | $80.00 | $32.7K | 36.1K | 244 |
LCID | PUT | SWEEP | NEUTRAL | 05/17/24 | $7.00 | $58.1K | 10.0K | 200 |
RCL | PUT | SWEEP | BULLISH | 03/15/24 | $120.00 | $64.0K | 73 | 101 |
AAP | CALL | SWEEP | BULLISH | 01/17/25 | $100.00 | $41.7K | 1.6K | 95 |
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 3 day(s) on December 22, 2023. This event was a transfer of 78 contract(s) at a $257.50 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 $27.3K, with a price of $350.0 per contract. There were 18519 open contracts at this strike prior to today, and today 56659 contract(s) were bought and sold.
• For PENN PENN, we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on December 22, 2023. This event was a transfer of 1738 contract(s) at a $27.00 strike. This particular call needed to be split into 30 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $16.0 per contract. There were 557 open contracts at this strike prior to today, and today 1934 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be neutral, expiring in 59 day(s) on February 16, 2024. This event was a transfer of 100 contract(s) at a $150.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $56.0K, with a price of $560.0 per contract. There were 12529 open contracts at this strike prior to today, and today 680 contract(s) were bought and sold.
• For GM GM, we notice a put option trade that happens to be bullish, expiring in 549 day(s) on June 20, 2025. This event was a transfer of 200 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 3136 open contracts at this strike prior to today, and today 401 contract(s) were bought and sold.
• Regarding KSS KSS, we observe a put option trade with bullish sentiment. It expires in 59 day(s) on February 16, 2024. Parties traded 94 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $85.0K, with a price of $905.0 per contract. There were 125 open contracts at this strike prior to today, and today 395 contract(s) were bought and sold.
• Regarding DKS DKS, we observe a put option sweep with neutral sentiment. It expires in 185 day(s) on June 21, 2024. Parties traded 251 contract(s) at a $115.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $95.3K, with a price of $380.0 per contract. There were 6210 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option trade with neutral sentiment. It expires in 31 day(s) on January 19, 2024. Parties traded 50 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $32.7K, with a price of $655.0 per contract. There were 36123 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold.
• Regarding LCID LCID, we observe a put option sweep with neutral sentiment. It expires in 150 day(s) on May 17, 2024. Parties traded 200 contract(s) at a $7.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $58.1K, with a price of $290.0 per contract. There were 10041 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold.
• For RCL RCL, we notice a put option sweep that happens to be bullish, expiring in 87 day(s) on March 15, 2024. This event was a transfer of 100 contract(s) at a $120.00 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 $64.0K, with a price of $640.0 per contract. There were 73 open contracts at this strike prior to today, and today 101 contract(s) were bought and sold.
• Regarding AAP AAP, we observe a call option sweep with bullish sentiment. It expires in 395 day(s) on January 17, 2025. Parties traded 95 contract(s) at a $100.00 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 $41.7K, with a price of $440.0 per contract. There were 1622 open contracts at this strike prior to today, and today 95 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.
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