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.
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 | CALL | SWEEP | BULLISH | 03/25/22 | $1000.00 | $37.4K | 14.4K | 56.6K |
MULN | CALL | TRADE | NEUTRAL | 04/14/22 | $2.50 | $25.0K | 24.5K | 11.7K |
AMZN | PUT | TRADE | BULLISH | 03/25/22 | $3200.00 | $38.7K | 380 | 4.2K |
CVNA | CALL | TRADE | BULLISH | 03/25/22 | $165.00 | $40.3K | 233 | 4.1K |
PDD | CALL | SWEEP | BEARISH | 03/25/22 | $39.00 | $61.0K | 137 | 983 |
RIVN | PUT | SWEEP | BULLISH | 03/25/22 | $45.00 | $45.4K | 468 | 932 |
TOL | CALL | SWEEP | BEARISH | 06/17/22 | $50.00 | $26.2K | 204 | 736 |
EBAY | CALL | TRADE | BULLISH | 05/20/22 | $60.00 | $57.2K | 441 | 511 |
W | CALL | TRADE | BULLISH | 01/20/23 | $320.00 | $66.0K | 2.9K | 401 |
FL | CALL | SWEEP | BEARISH | 01/19/24 | $20.00 | $125.0K | 154 | 250 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on March 25, 2022. This event was a transfer of 110 contract(s) at a $1000.00 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 $37.4K, with a price of $345.0 per contract. There were 14426 open contracts at this strike prior to today, and today 56660 contract(s) were bought and sold.
• For MULN MULN, we notice a call option trade that happens to be neutral, expiring in 24 day(s) on April 14, 2022. This event was a transfer of 143 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $175.0 per contract. There were 24582 open contracts at this strike prior to today, and today 11721 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option trade with bullish sentiment. It expires in 4 day(s) on March 25, 2022. Parties traded 8 contract(s) at a $3200.00 strike. The total cost received by the writing party (or parties) was $38.7K, with a price of $4840.0 per contract. There were 380 open contracts at this strike prior to today, and today 4266 contract(s) were bought and sold.
• For CVNA CVNA, we notice a call option trade that happens to be bullish, expiring in 4 day(s) on March 25, 2022. This event was a transfer of 733 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $40.3K, with a price of $55.0 per contract. There were 233 open contracts at this strike prior to today, and today 4162 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on March 25, 2022. Parties traded 288 contract(s) at a $39.00 strike. This particular call needed to be split into 46 different trades to become filled. The total cost received by the writing party (or parties) was $61.0K, with a price of $212.0 per contract. There were 137 open contracts at this strike prior to today, and today 983 contract(s) were bought and sold.
• Regarding RIVN RIVN, we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on March 25, 2022. Parties traded 149 contract(s) at a $45.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $45.4K, with a price of $305.0 per contract. There were 468 open contracts at this strike prior to today, and today 932 contract(s) were bought and sold.
• For TOL TOL, we notice a call option sweep that happens to be bearish, expiring in 88 day(s) on June 17, 2022. This event was a transfer of 57 contract(s) at a $50.00 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 $26.2K, with a price of $460.0 per contract. There were 204 open contracts at this strike prior to today, and today 736 contract(s) were bought and sold.
• Regarding EBAY EBAY, we observe a call option trade with bullish sentiment. It expires in 60 day(s) on May 20, 2022. Parties traded 400 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $57.2K, with a price of $143.0 per contract. There were 441 open contracts at this strike prior to today, and today 511 contract(s) were bought and sold.
• For W W, we notice a call option trade that happens to be bullish, expiring in 305 day(s) on January 20, 2023. This event was a transfer of 400 contract(s) at a $320.00 strike. The total cost received by the writing party (or parties) was $66.0K, with a price of $165.0 per contract. There were 2981 open contracts at this strike prior to today, and today 401 contract(s) were bought and sold.
• Regarding FL FL, we observe a call option sweep with bearish sentiment. It expires in 669 day(s) on January 19, 2024. Parties traded 100 contract(s) at a $20.00 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 $125.0K, with a price of $1250.0 per contract. There were 154 open contracts at this strike prior to today, and today 250 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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