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 |
---|---|---|---|---|---|---|---|---|
NKLA | PUT | TRADE | NEUTRAL | 12/22/23 | $1.00 | $100.0K | 40.0K | 11.0K |
ZIM | CALL | TRADE | BULLISH | 01/19/24 | $10.00 | $26.5K | 25.0K | 10.9K |
SAVE | PUT | SWEEP | BEARISH | 02/16/24 | $10.00 | $33.7K | 14.7K | 1.4K |
UBER | CALL | TRADE | BEARISH | 03/15/24 | $62.50 | $26.7K | 1.3K | 509 |
DSKE | CALL | TRADE | BEARISH | 01/19/24 | $5.00 | $31.0K | 772 | 423 |
DE | PUT | SWEEP | BULLISH | 03/15/24 | $400.00 | $68.7K | 701 | 324 |
MIDD | PUT | TRADE | BULLISH | 03/15/24 | $115.00 | $25.0K | 47 | 250 |
CMI | CALL | SWEEP | BEARISH | 01/17/25 | $300.00 | $46.6K | 286 | 100 |
LMT | PUT | SWEEP | BULLISH | 06/21/24 | $425.00 | $61.0K | 86 | 57 |
CAR | CALL | SWEEP | BEARISH | 02/16/24 | $190.00 | $28.0K | 62 | 23 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NKLA NKLA, we notice a put option trade that happens to be neutral, is expiring today. Parties traded 10000 contract(s) at a $1.00 strike. The total cost received by the writing party (or parties) was $100.0K, with a price of $10.0 per contract. There were 40012 open contracts at this strike prior to today, and today 11084 contract(s) were bought and sold.
• Regarding ZIM ZIM, we observe a call option trade with bullish sentiment. It expires in 28 day(s) on January 19, 2024. Parties traded 113 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $235.0 per contract. There were 25019 open contracts at this strike prior to today, and today 10908 contract(s) were bought and sold.
• For SAVE SAVE, we notice a put option sweep that happens to be bearish, expiring in 56 day(s) on February 16, 2024. This event was a transfer of 155 contract(s) at a $10.00 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 $33.7K, with a price of $218.0 per contract. There were 14748 open contracts at this strike prior to today, and today 1404 contract(s) were bought and sold.
• Regarding UBER UBER, we observe a call option trade with bearish sentiment. It expires in 84 day(s) on March 15, 2024. Parties traded 60 contract(s) at a $62.50 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $445.0 per contract. There were 1367 open contracts at this strike prior to today, and today 509 contract(s) were bought and sold.
• Regarding DSKE DSKE, we observe a call option trade with bearish sentiment. It expires in 28 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $310.0 per contract. There were 772 open contracts at this strike prior to today, and today 423 contract(s) were bought and sold.
• For DE DE, we notice a put option sweep that happens to be bullish, expiring in 84 day(s) on March 15, 2024. This event was a transfer of 35 contract(s) at a $400.00 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 $68.7K, with a price of $1972.0 per contract. There were 701 open contracts at this strike prior to today, and today 324 contract(s) were bought and sold.
• For MIDD MIDD, we notice a put option trade that happens to be bullish, expiring in 84 day(s) on March 15, 2024. This event was a transfer of 250 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $100.0 per contract. There were 47 open contracts at this strike prior to today, and today 250 contract(s) were bought and sold.
• Regarding CMI CMI, we observe a call option sweep with bearish sentiment. It expires in 392 day(s) on January 17, 2025. Parties traded 74 contract(s) at a $300.00 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 $46.6K, with a price of $630.0 per contract. There were 286 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold.
• Regarding LMT LMT, we observe a put option sweep with bullish sentiment. It expires in 182 day(s) on June 21, 2024. Parties traded 55 contract(s) at a $425.00 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 $61.0K, with a price of $1110.0 per contract. There were 86 open contracts at this strike prior to today, and today 57 contract(s) were bought and sold.
• For CAR CAR, we notice a call option sweep that happens to be bearish, expiring in 56 day(s) on February 16, 2024. This event was a transfer of 23 contract(s) at a $190.00 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 $28.0K, with a price of $1220.0 per contract. There were 62 open contracts at this strike prior to today, and today 23 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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