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 | BEARISH | 10/28/22 | $210.00 | $47.5K | 15.6K | 60.1K |
BABA | CALL | SWEEP | BULLISH | 12/16/22 | $70.00 | $190.0K | 715 | 3.0K |
BBWI | CALL | TRADE | NEUTRAL | 11/18/22 | $40.00 | $90.0K | 11.8K | 3.0K |
BBBY | PUT | SWEEP | BEARISH | 10/28/22 | $4.50 | $33.6K | 2.7K | 2.5K |
CHWY | CALL | TRADE | BEARISH | 01/20/23 | $37.50 | $27.4K | 89 | 1.3K |
TGT | CALL | TRADE | BEARISH | 10/28/22 | $162.50 | $83.4K | 896 | 1.0K |
GM | CALL | SWEEP | BEARISH | 01/20/23 | $37.00 | $34.5K | 12.0K | 904 |
VFC | PUT | SWEEP | BEARISH | 12/02/22 | $29.00 | $32.3K | 176 | 737 |
CROX | PUT | TRADE | BULLISH | 11/18/22 | $55.00 | $32.5K | 429 | 524 |
LVS | CALL | SWEEP | BULLISH | 10/28/22 | $32.00 | $28.6K | 10 | 495 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on October 28, 2022. Parties traded 100 contract(s) at a $210.00 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 $47.5K, with a price of $475.0 per contract. There were 15657 open contracts at this strike prior to today, and today 60127 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 53 day(s) on December 16, 2022. This event was a transfer of 500 contract(s) at a $70.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $190.0K, with a price of $380.0 per contract. There were 715 open contracts at this strike prior to today, and today 3084 contract(s) were bought and sold.
• Regarding BBWI BBWI, we observe a call option trade with neutral sentiment. It expires in 25 day(s) on November 18, 2022. Parties traded 3000 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $90.0K, with a price of $30.0 per contract. There were 11833 open contracts at this strike prior to today, and today 3000 contract(s) were bought and sold.
• Regarding BBBY BBBY, we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on October 28, 2022. Parties traded 1000 contract(s) at a $4.50 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $33.6K, with a price of $34.0 per contract. There were 2793 open contracts at this strike prior to today, and today 2548 contract(s) were bought and sold.
• For CHWY CHWY, we notice a call option trade that happens to be bearish, expiring in 88 day(s) on January 20, 2023. This event was a transfer of 47 contract(s) at a $37.50 strike. The total cost received by the writing party (or parties) was $27.4K, with a price of $585.0 per contract. There were 89 open contracts at this strike prior to today, and today 1309 contract(s) were bought and sold.
• Regarding TGT TGT, we observe a call option trade with bearish sentiment. It expires in 4 day(s) on October 28, 2022. Parties traded 366 contract(s) at a $162.50 strike. The total cost received by the writing party (or parties) was $83.4K, with a price of $228.0 per contract. There were 896 open contracts at this strike prior to today, and today 1028 contract(s) were bought and sold.
• For GM GM, we notice a call option sweep that happens to be bearish, expiring in 88 day(s) on January 20, 2023. This event was a transfer of 131 contract(s) at a $37.00 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 $34.5K, with a price of $264.0 per contract. There were 12025 open contracts at this strike prior to today, and today 904 contract(s) were bought and sold.
• For VFC VFC, we notice a put option sweep that happens to be bearish, expiring in 39 day(s) on December 2, 2022. This event was a transfer of 122 contract(s) at a $29.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $32.3K, with a price of $265.0 per contract. There were 176 open contracts at this strike prior to today, and today 737 contract(s) were bought and sold.
• Regarding CROX CROX, we observe a put option trade with bullish sentiment. It expires in 25 day(s) on November 18, 2022. Parties traded 500 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $32.5K, with a price of $65.0 per contract. There were 429 open contracts at this strike prior to today, and today 524 contract(s) were bought and sold.
• For LVS LVS, we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on October 28, 2022. This event was a transfer of 122 contract(s) at a $32.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.6K, with a price of $235.0 per contract. There were 10 open contracts at this strike prior to today, and today 495 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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