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 |
---|---|---|---|---|---|---|---|---|
AMZN | PUT | SWEEP | BULLISH | 10/28/22 | $102.00 | $92.2K | 5.5K | 19.9K |
RCL | CALL | SWEEP | BULLISH | 11/11/22 | $51.00 | $585.2K | 66 | 2.0K |
BABA | CALL | SWEEP | BULLISH | 01/20/23 | $65.00 | $35.0K | 2.9K | 796 |
LOW | CALL | TRADE | BEARISH | 06/16/23 | $220.00 | $682.5K | 1.1K | 502 |
ABNB | PUT | SWEEP | BULLISH | 11/04/22 | $112.00 | $57.3K | 601 | 430 |
TGT | PUT | SWEEP | NEUTRAL | 11/18/22 | $162.50 | $207.0K | 603 | 383 |
MCD | PUT | TRADE | BULLISH | 01/20/23 | $270.00 | $26.5K | 264 | 333 |
HD | CALL | SWEEP | BULLISH | 05/19/23 | $350.00 | $26.2K | 72 | 319 |
F | CALL | SWEEP | BULLISH | 03/17/23 | $11.00 | $28.1K | 2.1K | 270 |
CBRL | CALL | SWEEP | BULLISH | 03/17/23 | $115.00 | $247.5K | 1.4K | 226 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For AMZN AMZN, we notice a put option sweep that happens to be bullish, is expiring today. Parties traded 1138 contract(s) at a $102.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $92.2K, with a price of $81.0 per contract. There were 5563 open contracts at this strike prior to today, and today 19903 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a call option sweep with bullish sentiment. It expires in 14 day(s) on November 11, 2022. Parties traded 1501 contract(s) at a $51.00 strike. This particular call needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $585.2K, with a price of $389.0 per contract. There were 66 open contracts at this strike prior to today, and today 2016 contract(s) were bought and sold.
• For BABA BABA, we notice a call option sweep that happens to be bullish, expiring in 84 day(s) on January 20, 2023. This event was a transfer of 50 contract(s) at a $65.00 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 $35.0K, with a price of $700.0 per contract. There were 2905 open contracts at this strike prior to today, and today 796 contract(s) were bought and sold.
• Regarding LOW LOW, we observe a call option trade with bearish sentiment. It expires in 231 day(s) on June 16, 2023. Parties traded 500 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $682.5K, with a price of $1365.0 per contract. There were 1112 open contracts at this strike prior to today, and today 502 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option sweep that happens to be bullish, expiring in 7 day(s) on November 4, 2022. This event was a transfer of 135 contract(s) at a $112.00 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 $57.3K, with a price of $425.0 per contract. There were 601 open contracts at this strike prior to today, and today 430 contract(s) were bought and sold.
• For TGT TGT, we notice a put option sweep that happens to be neutral, expiring in 21 day(s) on November 18, 2022. This event was a transfer of 300 contract(s) at a $162.50 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 $207.0K, with a price of $690.0 per contract. There were 603 open contracts at this strike prior to today, and today 383 contract(s) were bought and sold.
• For MCD MCD, we notice a put option trade that happens to be bullish, expiring in 84 day(s) on January 20, 2023. This event was a transfer of 29 contract(s) at a $270.00 strike. The total cost received by the writing party (or parties) was $26.5K, with a price of $915.0 per contract. There were 264 open contracts at this strike prior to today, and today 333 contract(s) were bought and sold.
• Regarding HD HD, we observe a call option sweep with bullish sentiment. It expires in 203 day(s) on May 19, 2023. Parties traded 29 contract(s) at a $350.00 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 $907.0 per contract. There were 72 open contracts at this strike prior to today, and today 319 contract(s) were bought and sold.
• Regarding F F, we observe a call option sweep with bullish sentiment. It expires in 140 day(s) on March 17, 2023. Parties traded 100 contract(s) at a $11.00 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 $28.1K, with a price of $281.0 per contract. There were 2109 open contracts at this strike prior to today, and today 270 contract(s) were bought and sold.
• For CBRL CBRL, we notice a call option sweep that happens to be bullish, expiring in 140 day(s) on March 17, 2023. This event was a transfer of 225 contract(s) at a $115.00 strike. This particular call needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $247.5K, with a price of $1100.0 per contract. There were 1442 open contracts at this strike prior to today, and today 226 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.