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.
Below are some instances of options activity happening in the Industrials sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
AAL | PUT | SWEEP | BEARISH | 01/19/24 | $13.00 | $25.8K | 84.0K | 7.1K |
PLUG | PUT | TRADE | BULLISH | 01/19/24 | $5.00 | $217.5K | 67.1K | 2.5K |
ZIM | CALL | TRADE | BULLISH | 01/19/24 | $11.00 | $31.0K | 1.2K | 945 |
BA | CALL | SWEEP | BULLISH | 01/05/24 | $247.50 | $25.8K | 29 | 681 |
RTX | PUT | TRADE | BEARISH | 06/21/24 | $80.00 | $46.0K | 4.7K | 438 |
DE | CALL | TRADE | BULLISH | 06/21/24 | $360.00 | $76.5K | 542 | 145 |
UPS | CALL | TRADE | BULLISH | 02/16/24 | $135.00 | $33.8K | 1.8K | 79 |
BLDR | CALL | TRADE | BULLISH | 01/19/24 | $75.00 | $171.2K | 261 | 50 |
TNET | PUT | SWEEP | BEARISH | 01/16/26 | $95.00 | $27.2K | 0 | 29 |
CAT | CALL | TRADE | BULLISH | 01/19/24 | $270.00 | $25.4K | 3.8K | 29 |
Explanation
These itemized elaborations have been created using the accompanying table.
• For AAL AAL, we notice a put option sweep that happens to be bearish, expiring in 16 day(s) on January 19, 2024. This event was a transfer of 601 contract(s) at a $13.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $43.0 per contract. There were 84013 open contracts at this strike prior to today, and today 7164 contract(s) were bought and sold.
• For PLUG PLUG, we notice a put option trade that happens to be bullish, expiring in 16 day(s) on January 19, 2024. This event was a transfer of 2444 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $217.5K, with a price of $89.0 per contract. There were 67151 open contracts at this strike prior to today, and today 2586 contract(s) were bought and sold.
• Regarding ZIM ZIM, we observe a call option trade with bullish sentiment. It expires in 16 day(s) on January 19, 2024. Parties traded 200 contract(s) at a $11.00 strike. The total cost received by the writing party (or parties) was $31.0K, with a price of $155.0 per contract. There were 1238 open contracts at this strike prior to today, and today 945 contract(s) were bought and sold.
• Regarding BA BA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on January 5, 2024. Parties traded 154 contract(s) at a $247.50 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 $25.8K, with a price of $168.0 per contract. There were 29 open contracts at this strike prior to today, and today 681 contract(s) were bought and sold.
• Regarding RTX RTX, we observe a put option trade with bearish sentiment. It expires in 170 day(s) on June 21, 2024. Parties traded 195 contract(s) at a $80.00 strike. The total cost received by the writing party (or parties) was $46.0K, with a price of $236.0 per contract. There were 4753 open contracts at this strike prior to today, and today 438 contract(s) were bought and sold.
• Regarding DE DE, we observe a call option trade with bullish sentiment. It expires in 170 day(s) on June 21, 2024. Parties traded 14 contract(s) at a $360.00 strike. The total cost received by the writing party (or parties) was $76.5K, with a price of $5465.0 per contract. There were 542 open contracts at this strike prior to today, and today 145 contract(s) were bought and sold.
• Regarding UPS UPS, we observe a call option trade with bullish sentiment. It expires in 44 day(s) on February 16, 2024. Parties traded 14 contract(s) at a $135.00 strike. The total cost received by the writing party (or parties) was $33.8K, with a price of $2415.0 per contract. There were 1829 open contracts at this strike prior to today, and today 79 contract(s) were bought and sold.
• Regarding BLDR BLDR, we observe a call option trade with bullish sentiment. It expires in 16 day(s) on January 19, 2024. Parties traded 20 contract(s) at a $75.00 strike. The total cost received by the writing party (or parties) was $171.2K, with a price of $8560.0 per contract. There were 261 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold.
• Regarding TNET TNET, we observe a put option sweep with bearish sentiment. It expires in 744 day(s) on January 16, 2026. Parties traded 29 contract(s) at a $95.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $27.2K, with a price of $940.0 per contract. There were 0 open contracts at this strike prior to today, and today 29 contract(s) were bought and sold.
• For CAT CAT, we notice a call option trade that happens to be bullish, expiring in 16 day(s) on January 19, 2024. This event was a transfer of 15 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $25.4K, with a price of $1696.0 per contract. There were 3897 open contracts at this strike prior to today, and today 29 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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