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 | 12/02/22 | $182.50 | $32.1K | 10.4K | 20.9K |
BABA | CALL | TRADE | BEARISH | 01/20/23 | $95.00 | $50.9K | 16.8K | 7.6K |
F | PUT | SWEEP | BEARISH | 12/09/22 | $13.50 | $35.1K | 5.5K | 5.7K |
CCL | PUT | SWEEP | BEARISH | 03/17/23 | $7.50 | $62.2K | 25.0K | 4.9K |
AMZN | PUT | TRADE | NEUTRAL | 01/20/23 | $165.00 | $10.9 million | 1.1K | 2.6K |
SBUX | CALL | SWEEP | BEARISH | 01/20/23 | $97.50 | $29.0K | 4.3K | 2.5K |
XPEV | CALL | TRADE | BULLISH | 01/20/23 | $7.50 | $36.5K | 5.0K | 1.1K |
CVNA | PUT | TRADE | BEARISH | 12/30/22 | $10.00 | $35.0K | 385 | 1.1K |
AEO | PUT | SWEEP | BULLISH | 12/02/22 | $15.50 | $25.5K | 1.3K | 669 |
DASH | CALL | SWEEP | BULLISH | 01/20/23 | $40.00 | $89.8K | 3.9K | 317 |
Explanation
These bullet-by-bullet explanations have been constructed using the accompanying table.
• For TSLA TSLA, we notice a call option trade that happens to be bearish, expiring in 2 day(s) on December 2, 2022. This event was a transfer of 88 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $365.0 per contract. There were 10428 open contracts at this strike prior to today, and today 20957 contract(s) were bought and sold.
• For BABA BABA, we notice a call option trade that happens to be bearish, expiring in 51 day(s) on January 20, 2023. This event was a transfer of 100 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $50.9K, with a price of $510.0 per contract. There were 16814 open contracts at this strike prior to today, and today 7656 contract(s) were bought and sold.
• For F F, we notice a put option sweep that happens to be bearish, expiring in 9 day(s) on December 9, 2022. This event was a transfer of 1000 contract(s) at a $13.50 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $35.1K, with a price of $35.0 per contract. There were 5557 open contracts at this strike prior to today, and today 5780 contract(s) were bought and sold.
• Regarding CCL CCL, we observe a put option sweep with bearish sentiment. It expires in 107 day(s) on March 17, 2023. Parties traded 943 contract(s) at a $7.50 strike. This particular put needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $62.2K, with a price of $66.0 per contract. There were 25094 open contracts at this strike prior to today, and today 4920 contract(s) were bought and sold.
• Regarding AMZN AMZN, we observe a put option trade with neutral sentiment. It expires in 51 day(s) on January 20, 2023. Parties traded 1500 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $10.9 million, with a price of $7331.0 per contract. There were 1168 open contracts at this strike prior to today, and today 2650 contract(s) were bought and sold.
• Regarding SBUX SBUX, we observe a call option sweep with bearish sentiment. It expires in 51 day(s) on January 20, 2023. Parties traded 55 contract(s) at a $97.50 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 $29.0K, with a price of $530.0 per contract. There were 4304 open contracts at this strike prior to today, and today 2536 contract(s) were bought and sold.
• For XPEV XPEV, we notice a call option trade that happens to be bullish, expiring in 51 day(s) on January 20, 2023. This event was a transfer of 100 contract(s) at a $7.50 strike. The total cost received by the writing party (or parties) was $36.5K, with a price of $365.0 per contract. There were 5050 open contracts at this strike prior to today, and today 1114 contract(s) were bought and sold.
• For CVNA CVNA, we notice a put option trade that happens to be bearish, expiring in 30 day(s) on December 30, 2022. This event was a transfer of 100 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $35.0K, with a price of $350.0 per contract. There were 385 open contracts at this strike prior to today, and today 1101 contract(s) were bought and sold.
• For AEO AEO, we notice a put option sweep that happens to be bullish, expiring in 2 day(s) on December 2, 2022. This event was a transfer of 639 contract(s) at a $15.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $25.5K, with a price of $40.0 per contract. There were 1304 open contracts at this strike prior to today, and today 669 contract(s) were bought and sold.
• Regarding DASH DASH, we observe a call option sweep with bullish sentiment. It expires in 51 day(s) on January 20, 2023. Parties traded 53 contract(s) at a $40.00 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 $89.8K, with a price of $1695.0 per contract. There were 3963 open contracts at this strike prior to today, and today 317 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.
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