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 |
---|---|---|---|---|---|---|---|---|
LMT | CALL | TRADE | BEARISH | 03/18/22 | $400.00 | $705.6K | 664 | 2.5K |
LUV | CALL | TRADE | BULLISH | 02/11/22 | $45.00 | $52.9K | 718 | 1.4K |
UNP | CALL | SWEEP | NEUTRAL | 03/18/22 | $240.00 | $37.4K | 651 | 841 |
LYFT | PUT | SWEEP | BEARISH | 02/11/22 | $37.00 | $47.7K | 211 | 677 |
BA | CALL | SWEEP | BULLISH | 04/14/22 | $240.00 | $43.4K | 1.3K | 372 |
UPS | CALL | SWEEP | BEARISH | 06/17/22 | $240.00 | $28.5K | 1.1K | 315 |
EMR | CALL | TRADE | BEARISH | 01/19/24 | $85.00 | $94.0K | 956 | 180 |
CSGP | CALL | TRADE | BULLISH | 07/15/22 | $65.00 | $30.2K | 67 | 30 |
FDX | PUT | TRADE | BEARISH | 01/20/23 | $340.00 | $140.4K | 29 | 15 |
URI | CALL | TRADE | BULLISH | 06/17/22 | $240.00 | $47.5K | 6 | 5 |
Explanation
These itemized elaborations have been created using the accompanying table.
• Regarding LMT LMT, we observe a call option trade with bearish sentiment. It expires in 44 day(s) on March 18, 2022. Parties traded 1764 contract(s) at a $400.00 strike. The total cost received by the writing party (or parties) was $705.6K, with a price of $400.0 per contract. There were 664 open contracts at this strike prior to today, and today 2503 contract(s) were bought and sold.
• For LUV LUV, we notice a call option trade that happens to be bullish, expiring in 9 day(s) on February 11, 2022. This event was a transfer of 679 contract(s) at a $45.00 strike. The total cost received by the writing party (or parties) was $52.9K, with a price of $78.0 per contract. There were 718 open contracts at this strike prior to today, and today 1470 contract(s) were bought and sold.
• For UNP UNP, we notice a call option sweep that happens to be neutral, expiring in 44 day(s) on March 18, 2022. This event was a transfer of 26 contract(s) at a $240.00 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 $37.4K, with a price of $1440.0 per contract. There were 651 open contracts at this strike prior to today, and today 841 contract(s) were bought and sold.
• For LYFT LYFT, we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on February 11, 2022. This event was a transfer of 328 contract(s) at a $37.00 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 $47.7K, with a price of $145.0 per contract. There were 211 open contracts at this strike prior to today, and today 677 contract(s) were bought and sold.
• For BA BA, we notice a call option sweep that happens to be bullish, expiring in 71 day(s) on April 14, 2022. This event was a transfer of 138 contract(s) at a $240.00 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 $43.4K, with a price of $315.0 per contract. There were 1338 open contracts at this strike prior to today, and today 372 contract(s) were bought and sold.
• For UPS UPS, we notice a call option sweep that happens to be bearish, expiring in 135 day(s) on June 17, 2022. This event was a transfer of 31 contract(s) at a $240.00 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 $28.5K, with a price of $920.0 per contract. There were 1139 open contracts at this strike prior to today, and today 315 contract(s) were bought and sold.
• For EMR EMR, we notice a call option trade that happens to be bearish, expiring in 716 day(s) on January 19, 2024. This event was a transfer of 48 contract(s) at a $85.00 strike. The total cost received by the writing party (or parties) was $94.0K, with a price of $1960.0 per contract. There were 956 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold.
• For CSGP CSGP, we notice a call option trade that happens to be bullish, expiring in 163 day(s) on July 15, 2022. This event was a transfer of 30 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $1008.0 per contract. There were 67 open contracts at this strike prior to today, and today 30 contract(s) were bought and sold.
• Regarding FDX FDX, we observe a put option trade with bearish sentiment. It expires in 352 day(s) on January 20, 2023. Parties traded 15 contract(s) at a $340.00 strike. The total cost received by the writing party (or parties) was $140.4K, with a price of $9360.0 per contract. There were 29 open contracts at this strike prior to today, and today 15 contract(s) were bought and sold.
• Regarding URI URI, we observe a call option trade with bullish sentiment. It expires in 135 day(s) on June 17, 2022. Parties traded 5 contract(s) at a $240.00 strike. The total cost received by the writing party (or parties) was $47.5K, with a price of $9500.0 per contract. There were 6 open contracts at this strike prior to today, and today 5 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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