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.
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 | NEUTRAL | 08/26/22 | $900.00 | $25.5K | 12.7K | 55.8K |
CLAR | CALL | TRADE | BULLISH | 12/16/22 | $35.00 | $62.1K | 7.5K | 6.9K |
BABA | CALL | SWEEP | BULLISH | 09/16/22 | $100.00 | $60.4K | 18.8K | 4.4K |
PTON | PUT | SWEEP | BULLISH | 08/26/22 | $11.50 | $38.8K | 1.0K | 3.4K |
NCLH | PUT | SWEEP | BULLISH | 09/16/22 | $12.00 | $25.7K | 55 | 2.7K |
UAA | PUT | TRADE | BULLISH | 04/21/23 | $10.00 | $411.0K | 8 | 2.0K |
AMZN | CALL | TRADE | NEUTRAL | 10/21/22 | $140.00 | $55.0K | 17.5K | 1.6K |
JD | PUT | TRADE | BEARISH | 08/26/22 | $59.00 | $39.5K | 1.0K | 1.3K |
RCL | PUT | SWEEP | BEARISH | 10/21/22 | $35.00 | $35.2K | 5.7K | 1.3K |
TJX | CALL | SWEEP | NEUTRAL | 09/02/22 | $65.00 | $26.9K | 61 | 1.0K |
Explanation
These itemized elaborations have been created using the accompanying table.
• For TSLA TSLA, we notice a call option trade that happens to be neutral, expiring in 123 day(s) on August 26, 2022. This event was a transfer of 21 contract(s) at a $900.00 strike. The total cost received by the writing party (or parties) was $25.5K, with a price of $1217.0 per contract. There were 12776 open contracts at this strike prior to today, and today 55824 contract(s) were bought and sold.
• For CLAR CLAR, we notice a call option trade that happens to be bullish, expiring in 11 day(s) on December 16, 2022. This event was a transfer of 168 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $62.1K, with a price of $370.0 per contract. There were 7506 open contracts at this strike prior to today, and today 6923 contract(s) were bought and sold.
• Regarding BABA BABA, we observe a call option sweep with bullish sentiment. It expires in 102 day(s) on September 16, 2022. Parties traded 281 contract(s) at a $100.00 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 $60.4K, with a price of $215.0 per contract. There were 18809 open contracts at this strike prior to today, and today 4464 contract(s) were bought and sold.
• Regarding PTON PTON, we observe a put option sweep with bullish sentiment. It expires in 123 day(s) on August 26, 2022. Parties traded 719 contract(s) at a $11.50 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $38.8K, with a price of $54.0 per contract. There were 1094 open contracts at this strike prior to today, and today 3430 contract(s) were bought and sold.
• For NCLH NCLH, we notice a put option sweep that happens to be bullish, expiring in 102 day(s) on September 16, 2022. This event was a transfer of 915 contract(s) at a $12.00 strike. This particular put needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $28.0 per contract. There were 55 open contracts at this strike prior to today, and today 2742 contract(s) were bought and sold.
• Regarding UAA UAA, we observe a put option trade with bullish sentiment. It expires in 115 day(s) on April 21, 2023. Parties traded 2076 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $411.0K, with a price of $198.0 per contract. There were 8 open contracts at this strike prior to today, and today 2076 contract(s) were bought and sold.
• For AMZN AMZN, we notice a call option trade that happens to be neutral, expiring in 67 day(s) on October 21, 2022. This event was a transfer of 100 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $55.0K, with a price of $550.0 per contract. There were 17527 open contracts at this strike prior to today, and today 1617 contract(s) were bought and sold.
• Regarding JD JD, we observe a put option trade with bearish sentiment. It expires in 123 day(s) on August 26, 2022. Parties traded 565 contract(s) at a $59.00 strike. The total cost received by the writing party (or parties) was $39.5K, with a price of $70.0 per contract. There were 1093 open contracts at this strike prior to today, and today 1350 contract(s) were bought and sold.
• Regarding RCL RCL, we observe a put option sweep with bearish sentiment. It expires in 67 day(s) on October 21, 2022. Parties traded 200 contract(s) at a $35.00 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 $35.2K, with a price of $176.0 per contract. There were 5704 open contracts at this strike prior to today, and today 1309 contract(s) were bought and sold.
• For TJX TJX, we notice a call option sweep that happens to be neutral, expiring in 116 day(s) on September 2, 2022. This event was a transfer of 256 contract(s) at a $65.00 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 $26.9K, with a price of $105.0 per contract. There were 61 open contracts at this strike prior to today, and today 1020 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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