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.
Below are some instances of unusual options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
NIO | CALL | SWEEP | BEARISH | 06/11/21 | $45.00 | $62.1K | 13.7K | 57.4K |
TSLA | CALL | SWEEP | BULLISH | 06/11/21 | $605.00 | $133.0K | 5.2K | 30.1K |
DPZ | CALL | TRADE | BULLISH | 06/18/21 | $400.00 | $1.7 million | 3.2K | 7.9K |
DKNG | CALL | SWEEP | BEARISH | 06/18/21 | $55.00 | $33.7K | 19.0K | 7.2K |
CCL | CALL | SWEEP | BEARISH | 06/18/21 | $30.00 | $29.0K | 36.6K | 5.5K |
CWH | CALL | TRADE | BULLISH | 06/18/21 | $25.00 | $288.0K | 2.0K | 4.6K |
BABA | PUT | TRADE | BULLISH | 07/16/21 | $210.00 | $268.0K | 16.0K | 3.6K |
F | PUT | SWEEP | BEARISH | 06/25/21 | $15.00 | $33.9K | 2.4K | 2.5K |
JD | PUT | SWEEP | BULLISH | 08/20/21 | $62.50 | $59.5K | 282 | 2.2K |
NCLH | CALL | SWEEP | BEARISH | 06/25/21 | $32.00 | $26.0K | 1.0K | 1.4K |
Explanation
These itemized elaborations have been created using the accompanying table.
• For NIO NIO, we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 928 contract(s) at a $45.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $62.1K, with a price of $67.0 per contract. There were 13790 open contracts at this strike prior to today, and today 57477 contract(s) were bought and sold.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, is expiring today. Parties traded 207 contract(s) at a $605.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $133.0K, with a price of $635.0 per contract. There were 5214 open contracts at this strike prior to today, and today 30105 contract(s) were bought and sold.
• For DPZ DPZ, we notice a call option trade that happens to be bullish, expiring in 7 day(s) on June 18, 2021. This event was a transfer of 330 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $1.7 million, with a price of $5170.0 per contract. There were 3246 open contracts at this strike prior to today, and today 7920 contract(s) were bought and sold.
• Regarding DKNG DKNG, we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on June 18, 2021. Parties traded 397 contract(s) at a $55.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $33.7K, with a price of $85.0 per contract. There were 19013 open contracts at this strike prior to today, and today 7221 contract(s) were bought and sold.
• For CCL CCL, we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on June 18, 2021. This event was a transfer of 469 contract(s) at a $30.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $29.0K, with a price of $62.0 per contract. There were 36675 open contracts at this strike prior to today, and today 5557 contract(s) were bought and sold.
• For CWH CWH, we notice a call option trade that happens to be bullish, expiring in 7 day(s) on June 18, 2021. 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 $288.0K, with a price of $1440.0 per contract. There were 2070 open contracts at this strike prior to today, and today 4600 contract(s) were bought and sold.
• For BABA BABA, we notice a put option trade that happens to be bullish, expiring in 35 day(s) on July 16, 2021. This event was a transfer of 500 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $268.0K, with a price of $536.0 per contract. There were 16020 open contracts at this strike prior to today, and today 3644 contract(s) were bought and sold.
• Regarding F F, we observe a put option sweep with bearish sentiment. It expires in 14 day(s) on June 25, 2021. Parties traded 942 contract(s) at a $15.00 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 $33.9K, with a price of $36.0 per contract. There were 2473 open contracts at this strike prior to today, and today 2523 contract(s) were bought and sold.
• Regarding JD JD, we observe a put option sweep with bullish sentiment. It expires in 70 day(s) on August 20, 2021. Parties traded 601 contract(s) at a $62.50 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $59.5K, with a price of $99.0 per contract. There were 282 open contracts at this strike prior to today, and today 2246 contract(s) were bought and sold.
• For NCLH NCLH, we notice a call option sweep that happens to be bearish, expiring in 14 day(s) on June 25, 2021. This event was a transfer of 200 contract(s) at a $32.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $130.0 per contract. There were 1017 open contracts at this strike prior to today, and today 1498 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.
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