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 | PUT | SWEEP | BEARISH | 01/05/24 | $240.00 | $34.2K | 23.4K | 57.5K |
BABA | CALL | TRADE | BULLISH | 01/05/24 | $75.00 | $30.5K | 4.6K | 4.8K |
CHWY | PUT | TRADE | BEARISH | 01/05/24 | $20.50 | $44.0K | 4.6K | 3.4K |
VFC | PUT | SWEEP | BULLISH | 02/16/24 | $17.50 | $47.6K | 9.9K | 1.4K |
LVS | CALL | TRADE | BULLISH | 01/05/24 | $50.00 | $27.5K | 2.2K | 1.4K |
ABNB | PUT | TRADE | BULLISH | 03/15/24 | $135.00 | $45.6K | 4.0K | 1.0K |
WYNN | CALL | TRADE | BULLISH | 04/19/24 | $85.00 | $648.7K | 634 | 501 |
NKE | PUT | TRADE | BULLISH | 06/21/24 | $105.00 | $34.4K | 2.8K | 496 |
ETSY | CALL | SWEEP | BEARISH | 02/09/24 | $70.00 | $327.3K | 0 | 352 |
UAA | CALL | SWEEP | BULLISH | 01/16/26 | $2.50 | $156.7K | 14 | 253 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on January 5, 2024. This event was a transfer of 90 contract(s) at a $240.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $34.2K, with a price of $380.0 per contract. There were 23451 open contracts at this strike prior to today, and today 57504 contract(s) were bought and sold.
• For BABA BABA, we notice a call option trade that happens to be bullish, expiring in 2 day(s) on January 5, 2024. This event was a transfer of 246 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $30.5K, with a price of $124.0 per contract. There were 4647 open contracts at this strike prior to today, and today 4813 contract(s) were bought and sold.
• Regarding CHWY CHWY, we observe a put option trade with bearish sentiment. It expires in 2 day(s) on January 5, 2024. Parties traded 2000 contract(s) at a $20.50 strike. The total cost received by the writing party (or parties) was $44.0K, with a price of $22.0 per contract. There were 4695 open contracts at this strike prior to today, and today 3434 contract(s) were bought and sold.
• For VFC VFC, we notice a put option sweep that happens to be bullish, expiring in 44 day(s) on February 16, 2024. This event was a transfer of 387 contract(s) at a $17.50 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 $47.6K, with a price of $123.0 per contract. There were 9945 open contracts at this strike prior to today, and today 1493 contract(s) were bought and sold.
• Regarding LVS LVS, we observe a call option trade with bullish sentiment. It expires in 2 day(s) on January 5, 2024. Parties traded 273 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $101.0 per contract. There were 2295 open contracts at this strike prior to today, and today 1438 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a put option trade with bullish sentiment. It expires in 72 day(s) on March 15, 2024. Parties traded 46 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $45.6K, with a price of $992.0 per contract. There were 4038 open contracts at this strike prior to today, and today 1011 contract(s) were bought and sold.
• For WYNN WYNN, we notice a call option trade that happens to be bullish, expiring in 107 day(s) on April 19, 2024. This event was a transfer of 499 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $648.7K, with a price of $1300.0 per contract. There were 634 open contracts at this strike prior to today, and today 501 contract(s) were bought and sold.
• Regarding NKE NKE, we observe a put option trade with bullish sentiment. It expires in 170 day(s) on June 21, 2024. Parties traded 51 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $34.4K, with a price of $675.0 per contract. There were 2863 open contracts at this strike prior to today, and today 496 contract(s) were bought and sold.
• Regarding ETSY ETSY, we observe a call option sweep with bearish sentiment. It expires in 37 day(s) on February 9, 2024. Parties traded 352 contract(s) at a $70.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $327.3K, with a price of $930.0 per contract. There were 0 open contracts at this strike prior to today, and today 352 contract(s) were bought and sold.
• Regarding UAA UAA, we observe a call option sweep with bullish sentiment. It expires in 744 day(s) on January 16, 2026. Parties traded 253 contract(s) at a $2.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $156.7K, with a price of $619.0 per contract. There were 14 open contracts at this strike prior to today, and today 253 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.
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