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 | 11/25/22 | $180.00 | $60.0K | 28.5K | 157.1K |
CVNA | PUT | SWEEP | BULLISH | 01/20/23 | $15.00 | $390.0K | 8.3K | 5.5K |
ABNB | PUT | TRADE | BEARISH | 06/16/23 | $60.00 | $180.6K | 1.2K | 2.7K |
CCL | CALL | SWEEP | BEARISH | 11/25/22 | $9.50 | $60.0K | 8.2K | 2.6K |
BABA | PUT | SWEEP | BULLISH | 12/02/22 | $75.00 | $33.9K | 904 | 1.4K |
AMZN | CALL | SWEEP | BEARISH | 01/20/23 | $110.00 | $36.3K | 42.3K | 1.4K |
PDD | CALL | SWEEP | BEARISH | 01/20/23 | $80.00 | $203.4K | 9.0K | 849 |
ETSY | PUT | TRADE | BEARISH | 03/17/23 | $105.00 | $418.0K | 320 | 400 |
JD | CALL | SWEEP | BEARISH | 01/20/23 | $48.76 | $58.2K | 3.2K | 105 |
XPEV | PUT | SWEEP | BEARISH | 01/20/23 | $100.00 | $927.5K | 0 | 100 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• Regarding TSLA TSLA, we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on November 25, 2022. Parties traded 245 contract(s) at a $180.00 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 $60.0K, with a price of $245.0 per contract. There were 28544 open contracts at this strike prior to today, and today 157191 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option sweep that happens to be bullish, expiring in 58 day(s) on January 20, 2023. This event was a transfer of 520 contract(s) at a $15.00 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 $390.0K, with a price of $750.0 per contract. There were 8365 open contracts at this strike prior to today, and today 5518 contract(s) were bought and sold.
• For ABNB ABNB, we notice a put option trade that happens to be bearish, expiring in 205 day(s) on June 16, 2023. This event was a transfer of 700 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $180.6K, with a price of $258.0 per contract. There were 1278 open contracts at this strike prior to today, and today 2723 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on November 25, 2022. Parties traded 2000 contract(s) at a $9.50 strike. This particular call needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $30.0 per contract. There were 8255 open contracts at this strike prior to today, and today 2647 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a put option sweep with bullish sentiment. It expires in 9 day(s) on December 2, 2022. Parties traded 231 contract(s) at a $75.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $33.9K, with a price of $147.0 per contract. There were 904 open contracts at this strike prior to today, and today 1498 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a call option sweep with bearish sentiment. It expires in 58 day(s) on January 20, 2023. Parties traded 300 contract(s) at a $110.00 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 $36.3K, with a price of $121.0 per contract. There were 42384 open contracts at this strike prior to today, and today 1491 contract(s) were bought and sold.
• Regarding PDD PDD, we observe a call option sweep with bearish sentiment. It expires in 58 day(s) on January 20, 2023. Parties traded 687 contract(s) at a $80.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $203.4K, with a price of $296.0 per contract. There were 9007 open contracts at this strike prior to today, and today 849 contract(s) were bought and sold.
• Regarding ETSY ETSY, we observe a put option trade with bearish sentiment. It expires in 114 day(s) on March 17, 2023. Parties traded 400 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $418.0K, with a price of $1045.0 per contract. There were 320 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold.
• Regarding JD JD, we observe a call option sweep with bearish sentiment. It expires in 58 day(s) on January 20, 2023. Parties traded 87 contract(s) at a $48.76 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 $58.2K, with a price of $670.0 per contract. There were 3297 open contracts at this strike prior to today, and today 105 contract(s) were bought and sold.
• Regarding XPEV XPEV, we observe a put option sweep with bearish sentiment. It expires in 58 day(s) on January 20, 2023. Parties traded 100 contract(s) at a $100.00 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 $927.5K, with a price of $9275.0 per contract. There were 0 open contracts at this strike prior to today, and today 100 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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