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.
Below are some instances of options activity happening in the Consumer Discretionary sector:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|
TSLA | CALL | TRADE | BEARISH | 07/29/22 | $810.00 | $277.6K | 4.5K | 32.5K |
F | CALL | SWEEP | BULLISH | 01/20/23 | $12.00 | $144.8K | 56.6K | 6.4K |
CLAR | PUT | TRADE | NEUTRAL | 08/19/22 | $15.00 | $180.0K | 681 | 6.0K |
AMZN | PUT | SWEEP | BEARISH | 07/29/22 | $117.00 | $30.5K | 2.0K | 3.0K |
BABA | PUT | SWEEP | NEUTRAL | 08/26/22 | $103.00 | $131.0K | 381 | 1.8K |
WYNN | CALL | TRADE | BULLISH | 08/19/22 | $70.00 | $68.2K | 1.8K | 872 |
DASH | PUT | SWEEP | BEARISH | 09/16/22 | $55.00 | $120.4K | 760 | 833 |
EXPE | CALL | SWEEP | BULLISH | 08/19/22 | $105.00 | $254.5K | 734 | 811 |
NIO | CALL | SWEEP | BULLISH | 09/16/22 | $17.50 | $62.2K | 4.7K | 658 |
ABNB | PUT | TRADE | BEARISH | 09/16/22 | $90.00 | $42.2K | 1.7K | 648 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option trade with bearish sentiment. It expires in 2 day(s) on July 29, 2022. Parties traded 200 contract(s) at a $810.00 strike. The total cost received by the writing party (or parties) was $277.6K, with a price of $1388.0 per contract. There were 4582 open contracts at this strike prior to today, and today 32525 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 177 day(s) on January 20, 2023. Parties traded 693 contract(s) at a $12.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $144.8K, with a price of $209.0 per contract. There were 56667 open contracts at this strike prior to today, and today 6482 contract(s) were bought and sold.
• Regarding CLAR CLAR, we observe a put option trade with neutral sentiment. It expires in 23 day(s) on August 19, 2022. Parties traded 6000 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $180.0K, with a price of $30.0 per contract. There were 681 open contracts at this strike prior to today, and today 6011 contract(s) were bought and sold.
• For AMZN AMZN, we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on July 29, 2022. This event was a transfer of 100 contract(s) at a $117.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $30.5K, with a price of $305.0 per contract. There were 2054 open contracts at this strike prior to today, and today 3060 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option sweep with neutral sentiment. It expires in 30 day(s) on August 26, 2022. Parties traded 169 contract(s) at a $103.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $131.0K, with a price of $775.0 per contract. There were 381 open contracts at this strike prior to today, and today 1817 contract(s) were bought and sold.
• Regarding WYNN WYNN, we observe a call option trade with bullish sentiment. It expires in 23 day(s) on August 19, 2022. Parties traded 650 contract(s) at a $70.00 strike. The total cost received by the writing party (or parties) was $68.2K, with a price of $105.0 per contract. There were 1801 open contracts at this strike prior to today, and today 872 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a put option sweep with bearish sentiment. It expires in 51 day(s) on September 16, 2022. Parties traded 349 contract(s) at a $55.00 strike. This particular put needed to be split into 34 different trades to become filled. The total cost received by the writing party (or parties) was $120.4K, with a price of $345.0 per contract. There were 760 open contracts at this strike prior to today, and today 833 contract(s) were bought and sold.
• For EXPE EXPE, we notice a call option sweep that happens to be bullish, expiring in 23 day(s) on August 19, 2022. This event was a transfer of 459 contract(s) at a $105.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $254.5K, with a price of $555.0 per contract. There were 734 open contracts at this strike prior to today, and today 811 contract(s) were bought and sold.
• Regarding NIO NIO, we observe a call option sweep with bullish sentiment. It expires in 51 day(s) on September 16, 2022. Parties traded 209 contract(s) at a $17.50 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 $62.2K, with a price of $298.0 per contract. There were 4774 open contracts at this strike prior to today, and today 658 contract(s) were bought and sold.
• Regarding ABNB ABNB, we observe a put option trade with bearish sentiment. It expires in 51 day(s) on September 16, 2022. Parties traded 107 contract(s) at a $90.00 strike. The total cost received by the writing party (or parties) was $42.2K, with a price of $395.0 per contract. There were 1715 open contracts at this strike prior to today, and today 648 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.