This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Here's the list of some unusual options activity happening in today's session:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| FB | CALL | SWEEP | BULLISH | 12/04/20 | $287.50 | $26.3K | 2.8K | 8.4K |
| GOGO | PUT | SWEEP | BEARISH | 02/19/21 | $10.00 | $28.8K | 4.5K | 6.4K |
| PINS | CALL | SWEEP | BULLISH | 12/18/20 | $70.00 | $95.5K | 9.0K | 3.0K |
| DIS | CALL | TRADE | BULLISH | 12/11/20 | $155.00 | $56.4K | 2.3K | 2.7K |
| DISH | CALL | TRADE | BULLISH | 03/19/21 | $50.00 | $241.5K | 10.2K | 1.7K |
| AMC | PUT | TRADE | BULLISH | 03/19/21 | $4.00 | $27.6K | 2.3K | 1.1K |
| SNAP | CALL | SWEEP | BULLISH | 01/15/21 | $48.00 | $98.7K | 2.7K | 1.0K |
| GOOGL | CALL | SWEEP | BEARISH | 01/15/21 | $1900.00 | $1.0 million | 2.2K | 931 |
| IDT | CALL | SWEEP | BULLISH | 06/18/21 | $19.00 | $32.6K | 9 | 384 |
| DOYU | PUT | TRADE | BULLISH | 01/15/21 | $15.00 | $113.9K | 2.7K | 356 |
Explanation
These itemized elaboration has been created using the accompanying table.
• Regarding FB FB, we observe a call option sweep with bullish sentiment. It expires in 1 day(s) on December 4, 2020. A trader bought 243 contract(s) at a $287.50 strike. This particular call needed to be split into 32 different trades to become filled. The trader or institution spent $26.3K on this trade with a price of $106.0 per contract. There were 2834 open contracts at this strike prior to today, and today 8486 contract(s) were bought and sold.
• For GOGO GOGO, we notice a put option sweep that happens to be bearish, expiring in 78 day(s) on February 19, 2021. A trader bought 222 contract(s) at a $10.00 strike. This particular put needed to be split into 3 different trades to become filled. The trader or institution spent $28.8K on this trade with a price of $130.0 per contract. There were 4593 open contracts at this strike prior to today, and today 6400 contract(s) were bought and sold.
• For PINS PINS, we notice a call option sweep that happens to be bullish, expiring in 15 day(s) on December 18, 2020. A trader bought 245 contract(s) at a $70.00 strike. This particular call needed to be split into 15 different trades to become filled. The trader or institution spent $95.5K on this trade with a price of $390.0 per contract. There were 9037 open contracts at this strike prior to today, and today 3033 contract(s) were bought and sold.
• For DIS DIS, we notice a call option trade that happens to be bullish, expiring in 8 day(s) on December 11, 2020. A trader bought 200 contract(s) at a $155.00 strike. The trader or institution spent $56.4K on this trade with a price of $282.0 per contract. There were 2342 open contracts at this strike prior to today, and today 2788 contract(s) were bought and sold.
• For DISH DISH, we notice a call option trade that happens to be bullish, expiring in 106 day(s) on March 19, 2021. A trader bought 1750 contract(s) at a $50.00 strike. The trader or institution spent $241.5K on this trade with a price of $138.0 per contract. There were 10241 open contracts at this strike prior to today, and today 1750 contract(s) were bought and sold.
• For AMC AMC, we notice a put option trade that happens to be bullish, expiring in 106 day(s) on March 19, 2021. A trader bought 200 contract(s) at a $4.00 strike. The trader or institution spent $27.6K on this trade with a price of $138.0 per contract. There were 2326 open contracts at this strike prior to today, and today 1100 contract(s) were bought and sold.
• For SNAP SNAP, we notice a call option sweep that happens to be bullish, expiring in 43 day(s) on January 15, 2021. A trader bought 250 contract(s) at a $48.00 strike. This particular call needed to be split into 22 different trades to become filled. The trader or institution spent $98.7K on this trade with a price of $395.0 per contract. There were 2730 open contracts at this strike prior to today, and today 1031 contract(s) were bought and sold.
• For GOOGL GOOGL, we notice a call option sweep that happens to be bearish, expiring in 43 day(s) on January 15, 2021. A trader bought 258 contract(s) at a $1900.00 strike. This particular call needed to be split into 9 different trades to become filled. The trader or institution spent $1.0 million on this trade with a price of $4000.0 per contract. There were 2225 open contracts at this strike prior to today, and today 931 contract(s) were bought and sold.
• For IDT IDT, we notice a call option sweep that happens to be bullish, expiring in 197 day(s) on June 18, 2021. A trader bought 384 contract(s) at a $19.00 strike. This particular call needed to be split into 16 different trades to become filled. The trader or institution spent $32.6K on this trade with a price of $85.0 per contract. There were 9 open contracts at this strike prior to today, and today 384 contract(s) were bought and sold.
• Regarding DOYU DOYU, we observe a put option trade with bullish sentiment. It expires in 43 day(s) on January 15, 2021. A trader bought 356 contract(s) at a $15.00 strike. The trader or institution spent $113.9K on this trade with a price of $320.0 per contract. There were 2788 open contracts at this strike prior to today, and today 356 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.
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